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Peoria Standard

Sunday, November 24, 2024

Tazewell County residents pay $108,409 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Tazewell County taxpayers paid $108,409 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $99,618.

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
July$108,4098.8
June$99,61817.1
May$85,053-24.4
April$112,56877.5
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

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