Monroe County taxpayers paid $50,078 in County Sales Tax in October 2024, according to Illinois tax records.
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $55,447.
Over the past 12 months, Monroe County’s residents have collectively paid a total of $639,405 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 |
|---|---|---|
| October 2024 | $50,078 | -9.7 |
| September 2024 | $55,447 | 16.2 |
| August 2024 | $47,700 | -19.3 |
| July 2024 | $59,124 | 0.4 |
| June 2024 | $58,898 | 19.8 |
| May 2024 | $49,149 | -4.3 |
| April 2024 | $51,341 | 13.7 |
| March 2024 | $45,157 | 2.6 |
| February 2024 | $44,032 | -39.4 |
| January 2024 | $72,603 | 44.5 |
| December 2023 | $50,256 | -9.6 |
| November 2023 | $55,620 | -14.8 |
