Quantcast

East Central Reporter

Tuesday, November 5, 2024

Richland County collects $42,549 in Countywide Sales Tax in July

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Richland County taxpayers paid $42,549 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $44,016.

Over the past 12 months, Richland County's residents have collectively paid a total of $510,840 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 Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$42,549-3.3
June$44,0164.6
May$42,087-3.4
April$43,57222.8
March$35,486-11.6
February$40,154-14
January$46,6825.7
December 2023$44,148-6.2
November 2023$47,0679.6
October 2023$42,9450.6
September 2023$42,6958.3
August 2023$39,439-7.8

MORE NEWS