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Saturday, November 23, 2024

Randolph County collects $28,259 in County Sales Tax in May

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Randolph County taxpayers paid $28,259 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $31,669.

Over the past 12 months, Randolph County's residents have collectively paid a total of $341,638 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
May$28,259-10.8
April$31,66930.6
March$24,241-9.8
February$26,864-21.2
January$34,07025.1
December 2023$27,2427
November 2023$25,470-20.8
October 2023$32,15610.5
September 2023$29,0943.5
August 2023$28,1174.8
July 2023$26,818-3
June 2023$27,638-15.5

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