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Friday, November 15, 2024

Monroe County residents paid 28th-largest sum in sales taxes in Illinois during February

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Monroe County taxpayers paid the 28th largest sum in sales taxes in February, according to Illinois tax records.

In total, Monroe County residents paid $505,236 in sales taxes during February.

Monroe County ranked 29th in the Prairie State the month before, with $665,620 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Monroe County residents in February.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Monroe County in February
County School Facility Tax [57.3%]Countywide Sales Tax [19.6%]County Flood Protection Tax [14.3%]County Sales Tax [8.7%]

Sales Taxes Collected in Monroe County in February
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$289,615-23.4
Countywide Sales Tax$99,218-18
County Flood Protection Tax$72,371-23.1
County Sales Tax$44,032-39.4

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