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Saturday, November 16, 2024

Madison County collects $1.2 million in Metro-East Transit District Sales Tax in 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 $1.2 million in Metro-East Transit District Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Metro-East Transit District Sales Tax collection stood at $1.2 million.

Over the past 12 months, Madison County's residents have collectively paid a total of $13.5 million in Metro-East Transit District Sales Tax.

The Metro-East Transit District Sales Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions use.

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.

Metro-East Transit District Sales Tax Collected in Madison County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$1,150,780-3.7
April$1,194,89018.7
March$1,006,690-6
February$1,071,500-13.5
January$1,238,51011.7
December 2023$1,109,2100.3
November 2023$1,106,0400.1
October 2023$1,104,430-1.6
September 2023$1,122,1101.1
August 2023$1,110,290-5.7
July 2023$1,177,8004.3
June 2023$1,129,2006.2

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