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Sunday, November 24, 2024

Madison County taxpayers give $1.2 million in Metro-East Transit District Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Madison County taxpayers paid $1.2 million in Metro-East Transit District Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Metro-East Transit District Sales Tax collection stood at $1.1 million.

Over the past 12 months, Madison County's residents have collectively paid a total of $12.6 million in Metro-East Transit District Sales Tax.

The Metro-East Transit District Sales 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.

Metro-East Transit District Sales Tax Collected in Madison County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$1,154,5309.9
December 2022$1,050,900-1.3
November 2022$1,064,7600.6
October 2022$1,058,280-2.4
September 2022$1,084,2804.9
August 2022$1,034,070-8.2
July 2022$1,126,9301.7
June 2022$1,108,530-0.6
May 2022$1,115,1303.9
April 2022$1,072,78029
March 2022$831,640-12
February 2022$945,552-14.7

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