Quantcast

Peoria Standard

Saturday, November 2, 2024

$196,802 in County Sales Tax collected in 2022 for Marshall County

Webp david harris 4

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Marshall County taxpayers paid $196,802 in County Sales Tax in 2022, according to Illinois tax records.

This figure marks a noticeable increase from the previous year, where County Sales Tax collection stood at $189,027.

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 Marshall County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$196,8024.1
2021$189,02717.8
2020$160,53064.3
2019$97,6911.8

!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