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East Central Reporter

Sunday, November 17, 2024

Coles County taxpayers give $180,217 in Countywide Sales Tax in May

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Coles County taxpayers paid $180,217 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $186,687.

Over the past 12 months, Coles County's residents have collectively paid a total of $2.2 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Coles County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$180,217-3.5
April$186,68715.5
March$161,5860.1
February$161,469-22.6
January$208,70816.4
December 2023$179,2491
November 2023$177,423-1.1
October 2023$179,353-1.5
September 2023$182,1551.8
August 2023$178,953-1.3
July 2023$181,395-4
June 2023$188,9946.8

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