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South West Illinois News

Sunday, November 24, 2024

Monroe County collects $78,261 in County Flood Protection Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Monroe County taxpayers paid $78,261 in County Flood Protection Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Flood Protection Tax collection stood at $80,358.

Over the past 12 months, Monroe County's residents have collectively paid a total of $924,240 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
July$78,261-2.6
June$80,3585.8
May$75,939-0.4
April$76,27914.2
March$66,818-7.7
February$72,371-23.1
January$94,07021.1
December 2023$77,6751.9
November 2023$76,242-1.3
October 2023$77,2613.9
September 2023$74,346-0.4
August 2023$74,620-3.1

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