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Saturday, November 23, 2024

$64,447 in County Flood Protection Tax collected in February for Monroe County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Monroe County taxpayers paid $64,447 in County Flood Protection Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Flood Protection Tax collection stood at $87,855.

Over the past 12 months, Monroe County's residents have collectively paid a total of $864,562 in County Flood Protection Tax.

The County Flood Protection Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions 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.

County Flood Protection Tax Collected in Monroe County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$64,447-26.6
January$87,85517.3
December 2022$74,8900.5
November 2022$74,5433.5
October 2022$72,0545.1
September 2022$68,546-5.2
August 2022$72,314-2.2
July 2022$73,977-2.9
June 2022$76,2176.7
May 2022$71,442-0.5
April 2022$71,82027.2
March 2022$56,457-7.9

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