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Peoria Standard

Sunday, November 24, 2024

Stark County taxpayers give $13,497 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stark County taxpayers paid $13,497 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $8,669.

Over the past 12 months, Stark County's residents have collectively paid a total of $136,176 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 Stark County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$13,49755.7
April$8,66920.5
March$7,194-60.4
February$18,16286.3
January$9,751-25.5
December 2023$13,08242.5
November 2023$9,17913.9
October 2023$8,061-56.1
September 2023$18,34544.6
August 2023$12,68373.6
July 2023$7,307-28.7
June 2023$10,24665.9

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