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Friday, September 20, 2024

Fulton County collects $77,556 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fulton County taxpayers paid $77,556 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $65,351.

Over the past 12 months, Fulton County's residents have collectively paid a total of $802,125 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Fulton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$77,55618.7
April$65,35122.7
March$53,264-11.6
February$60,222-23.1
January$78,27018.3
December 2023$66,1430.6
November 2023$65,721-2
October 2023$67,0392.2
September 2023$65,5853.2
August 2023$63,534-4.6
July 2023$66,607-8.5
June 2023$72,83315.5

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