Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $58,898.
Over the past 12 months, Monroe County's residents have collectively paid a total of $651,028 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 |
---|---|---|
July | $59,124 | 0.4 |
June | $58,898 | 19.8 |
May | $49,149 | -4.3 |
April | $51,341 | 13.7 |
March | $45,157 | 2.6 |
February | $44,032 | -39.4 |
January | $72,603 | 44.5 |
December 2023 | $50,256 | -9.6 |
November 2023 | $55,620 | -14.8 |
October 2023 | $65,271 | 26.2 |
September 2023 | $51,709 | 8 |
August 2023 | $47,868 | -12.2 |