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Saturday, November 23, 2024

Monroe County taxpayers give $92,914 in Countywide Sales Tax in February

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Monroe County taxpayers paid $92,914 in Countywide Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $113,627.

Over the past 12 months, Monroe County's residents have collectively paid a total of $1.2 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 Monroe County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$92,914-18.2
January$113,62713.9
December 2022$99,748-1
November 2022$100,7744.3
October 2022$96,6162.4
September 2022$94,375-4.9
August 2022$99,198-2.1
July 2022$101,288-1.4
June 2022$102,7173.3
May 2022$99,394-2.8
April 2022$102,26533.1
March 2022$76,806-15

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