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Saturday, November 16, 2024

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

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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 May, according to Illinois tax records.

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

Madison County also ranked 10th in the Prairie State the month before, with $3.2 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.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 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 [37.4%]Countywide Sales Tax [31.8%]County Flood Protection Tax [24.7%]County Sales Tax [6.2%]

Sales Taxes Collected in Madison County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Metro-East Transit District Sales Tax$1,150,782-3.7
Countywide Sales Tax$977,984-2.7
County Flood Protection Tax$759,392-2.6
County Sales Tax$189,481-1.6

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