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South West Illinois News

Thursday, November 14, 2024

Monroe County responsible for 29th-highest sales tax revenue in Illinois during August

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Monroe County taxpayers paid the 29th largest sum in sales taxes in August, according to Illinois tax records.

In total, Monroe County residents paid $558,017 in sales taxes during August.

Monroe County ranked 30th in the Prairie State the month before, with $547,974 spent in sales taxes.

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

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 August
County School Facility Tax [58.4%]Countywide Sales Tax [18.6%]County Flood Protection Tax [14.5%]County Sales Tax [8.5%]

Sales Taxes Collected in Monroe County in August
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$325,8743.1
Countywide Sales Tax$103,78510
County Flood Protection Tax$80,6583.1
County Sales Tax$47,700-19.3

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