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South West Illinois News

Thursday, November 21, 2024

$103,785 in Countywide Sales Tax collected in August for Monroe County

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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 $103,785 in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $94,376.

Over the past 12 months, Monroe County's residents have collectively paid a total of $1.3 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments 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.

Countywide Sales Tax Collected in Monroe County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$103,78510
July$94,376-9.9
June$104,772-0.4
May$105,159-5
April$110,65419.5
March$92,568-6.7
February$99,218-18
January$120,93415.7
December 2023$104,5360
November 2023$104,524-3.7
October 2023$108,5716.6
September 2023$101,866-2.3

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