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East Central Reporter

Sunday, November 17, 2024

$15,923 in County Sales Tax collected in May for Clay County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Clay County taxpayers paid $15,923 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $14,133.

Over the past 12 months, Clay County's residents have collectively paid a total of $167,523 in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

County Sales Tax Collected in Clay County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$15,92312.7
April$14,13327.5
March$11,087-20.1
February$13,871-16.1
January$16,5349.3
December 2023$15,13411.4
November 2023$13,5825.5
October 2023$12,8790.2
September 2023$12,847-10.8
August 2023$14,40511
July 2023$12,975-8.3
June 2023$14,153-7.3

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