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Peoria Standard

Thursday, November 21, 2024

$11,406 in County Sales Tax collected in June for Marshall County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Marshall County taxpayers paid $11,406 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $15,654.

Over the past 12 months, Marshall County's residents have collectively paid a total of $266,849 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 Marshall County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$11,406-27.1
May$15,65414.3
April$13,69052.1
March$9,002-49.8
February$17,931-64.6
January$50,701225.6
December 2023$15,572-70.4
November 2023$52,53627.4
October 2023$41,232271.5
September 2023$11,098-15.6
August 2023$13,146-11.7
July 2023$14,8819

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