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Wednesday, May 1, 2024

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

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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 May, according to Illinois tax records.

In total, Madison County residents paid $2.9 million in sales taxes during May.

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 May.

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 May
Metro-East Transit District Sales Tax [36.8%]Countywide Sales Tax [31.4%]County Flood Protection Tax [25.3%]County Sales Tax [6.5%]

Sales Taxes Collected in Madison County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$1,063,274-3.8
Countywide Sales Tax$906,914-4.5
County Flood Protection Tax$730,1571.5
County Sales Tax$188,048-2.9

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