Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $52,194.
Over the past 12 months, Coles County's residents have collectively paid a total of $603,277 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| June | $47,991 | -8.1 |
| May | $52,194 | 7.5 |
| April | $48,542 | 15.5 |
| March | $42,017 | -15.3 |
| February | $49,624 | -16.1 |
| January | $59,153 | -13.5 |
| December 2023 | $68,376 | 82.6 |
| November 2023 | $37,449 | -24.3 |
| October 2023 | $49,498 | -6.9 |
| September 2023 | $53,182 | 12.9 |
| August 2023 | $47,122 | -2.1 |
| July 2023 | $48,129 | -4.8 |
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