Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Flood Protection Tax collection stood at $708,891.
Over the past 12 months, Madison County's residents have collectively paid a total of $9 million in County Flood Protection Tax.
The County Flood Protection 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| August | $784,722 | 10.7 |
| July | $708,891 | -9.5 |
| June | $783,653 | 3.2 |
| May | $759,392 | -2.6 |
| April | $779,358 | 18.1 |
| March | $660,088 | -4.4 |
| February | $690,720 | -18.5 |
| January | $847,871 | 12.4 |
| December 2023 | $754,309 | 2.5 |
| November 2023 | $735,621 | 2 |
| October 2023 | $721,493 | -3.6 |
| September 2023 | $748,144 | 1.8 |
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