Quantcast

Peoria Standard

Friday, November 22, 2024

Tazewell County residents pay $63,405 in County Sales Tax in March

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Tazewell County taxpayers paid $63,405 in County Sales Tax in March, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $79,289.

Over the past 12 months, Tazewell County's residents have collectively paid a total of $1.1 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.

County Sales Tax Collected in Tazewell County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$63,405-20
February$79,289-14.5
January$92,740-8.3
December 2022$101,1154.3
November 2022$96,974-1
October 2022$97,9594.5
September 2022$93,72312.8
August 2022$83,095-16.7
July 2022$99,7738.5
June 2022$91,9263.4
May 2022$88,9248.8
April 2022$81,71535.3

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS