Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $200,240.
Over the past 12 months, Madison County's residents have collectively paid a total of $2.3 million in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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 |
---|---|---|
September | $204,253 | 2 |
August | $200,240 | -0.9 |
July | $202,082 | 1 |
June | $200,024 | 5.6 |
May | $189,481 | -1.6 |
April | $192,622 | 8.1 |
March | $178,197 | 6.6 |
February | $167,090 | -29.1 |
January | $235,694 | 22.8 |
December 2023 | $191,963 | 5.8 |
November 2023 | $181,363 | -1 |
October 2023 | $183,229 | -11.1 |
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