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Peoria Standard

Wednesday, May 1, 2024

Fulton County residents paid 43rd-largest sum in sales taxes in Illinois during August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fulton County taxpayers paid the 43rd largest sum in sales taxes in August, according to Illinois tax records.

In total, Fulton County residents paid $431,718 in sales taxes during August.

Fulton County ranked 42nd in the Prairie State the month before, with $448,931 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Fulton County residents in August.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Fulton County in August
County School Facility Tax [52.3%]Special County Retailers Occupation Tax [26%]Countywide Sales Tax [14.7%]County Sales Tax [7%]

Sales Taxes Collected in Fulton County in August
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$225,613-3.4
Special County Retailers Occupation Tax$112,245-3.4
Countywide Sales Tax$63,534-4.6
County Sales Tax$30,326-6.8

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