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South West Illinois News

Sunday, November 17, 2024

$77,261 in County Flood Protection Tax collected in October 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 $77,261 in County Flood Protection Tax in October, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where County Flood Protection Tax collection stood at $74,346.

Over the past 12 months, Monroe County's residents have collectively paid a total of $893,212 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
October$77,2613.9
September$74,346-0.4
August$74,620-3.1
July$77,016-0.8
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

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