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Peoria Standard

Thursday, November 21, 2024

Tazewell County residents pay $111,166 in County Sales Tax in June

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Tazewell County taxpayers paid $111,166 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $98,407.

Over the past 12 months, Tazewell County's residents have collectively paid a total of $1.2 million 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 Tazewell County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$111,16613
May$98,40710.1
April$89,40617.6
March$76,047-16.8
February$91,364-13.4
January$105,4934.1
December 2023$101,370-6
November 2023$107,8554.6
October 2023$103,088-2.9
September 2023$106,1500.2
August 2023$105,929-2.3
July 2023$108,4098.8

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