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Sunday, November 24, 2024

Madison County residents paid 10th-largest sum in sales taxes in Illinois during January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Madison County taxpayers paid the 10th largest sum in sales taxes in January, according to Illinois tax records.

In total, Madison County residents paid $3.1 million in sales taxes during January.

Madison County also ranked 10th in the Prairie State the month before, with $3 million spent in sales taxes.

The Metro-East Transit District Sales Tax accounted for the largest share of sales taxes paid by Madison County residents in January.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 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 Madison County in January
Metro-East Transit District Sales Tax [36.7%]Countywide Sales Tax [31.3%]County Flood Protection Tax [25.6%]County Sales Tax [6.5%]

Sales Taxes Collected in Madison County in January
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$1,154,5299.9
Countywide Sales Tax$983,6553.8
County Flood Protection Tax$803,7633.7
County Sales Tax$203,67212.3

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