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South West Illinois News

Sunday, November 10, 2024

$77,644 in County Flood Protection Tax collected in June for Monroe County

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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 $77,644 in County Flood Protection Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Flood Protection Tax collection stood at $73,544.

Over the past 12 months, Monroe County's residents have collectively paid a total of $876,860 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
June$77,6445.6
May$73,5442.8
April$71,5179.1
March$65,5291.7
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

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