Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $245,358.
Over the past 12 months, Madison County's residents have collectively paid a total of $2.2 million 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| August | $194,391 | -20.8 |
| July | $245,358 | 28.2 |
| June | $191,380 | 1.8 |
| May | $188,048 | -2.9 |
| April | $193,756 | 29.3 |
| March | $149,863 | -4.7 |
| February | $157,173 | -22.8 |
| January | $203,672 | 12.3 |
| December 2022 | $181,300 | 10.7 |
| November 2022 | $163,709 | -5.7 |
| October 2022 | $173,586 | 5.7 |
| September 2022 | $164,299 | 3.7 |
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