Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $49,633.
Over the past 12 months, Monroe County's residents have collectively paid a total of $596,823 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 |
|---|---|---|
| June | $52,522 | 5.8 |
| May | $49,633 | 3.5 |
| April | $47,955 | 28.8 |
| March | $37,234 | -19 |
| February | $45,941 | -30.9 |
| January | $66,511 | 48.5 |
| December 2022 | $44,800 | -10 |
| November 2022 | $49,775 | -6.3 |
| October 2022 | $53,106 | 9.8 |
| September 2022 | $48,368 | -2.2 |
| August 2022 | $49,465 | -4 |
| July 2022 | $51,513 | 4.3 |
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