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South West Illinois News

Saturday, November 23, 2024

Randolph County collects $24,204 in County 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

Randolph County taxpayers paid $24,204 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $33,852.

Over the past 12 months, Randolph County's residents have collectively paid a total of $290,412 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.

County Sales Tax Collected in Randolph County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$24,204-28.5
January$33,85252.1
December 2022$22,2601.5
November 2022$21,936-8.8
October 2022$24,06515.4
September 2022$20,847-9
August 2022$22,917-1.8
July 2022$23,3433.9
June 2022$22,466-5.4
May 2022$23,742-19.7
April 2022$29,56839.4
March 2022$21,212-4.7

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