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Monday, May 6, 2024

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

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

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

In total, Madison County residents paid $3 million in sales taxes during August.

Madison County also ranked 10th in the Prairie State the month before, with $3.3 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 August.

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 August
Metro-East Transit District Sales Tax [37.4%]Countywide Sales Tax [31.4%]County Flood Protection Tax [24.7%]County Sales Tax [6.5%]

Sales Taxes Collected in Madison County in August
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$1,110,292-5.7
Countywide Sales Tax$932,652-9.1
County Flood Protection Tax$735,008-9.4
County Sales Tax$194,391-20.8

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