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Friday, January 17, 2025

Monroe County taxpayers give $50,078 in County Sales Tax in October 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Monroe County taxpayers paid $50,078 in County Sales Tax in October 2024, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $55,447.

Over the past 12 months, Monroe County's residents have collectively paid a total of $639,405 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 Monroe County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$50,078-9.7
September 2024$55,44716.2
August 2024$47,700-19.3
July 2024$59,1240.4
June 2024$58,89819.8
May 2024$49,149-4.3
April 2024$51,34113.7
March 2024$45,1572.6
February 2024$44,032-39.4
January 2024$72,60344.5
December 2023$50,256-9.6
November 2023$55,620-14.8

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