Quantcast

Peoria Standard

Thursday, November 21, 2024

$14,620 in County Sales Tax collected in July for Marshall County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Marshall County taxpayers paid $14,620 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $11,406.

Over the past 12 months, Marshall County's residents have collectively paid a total of $266,588 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
July$14,62028.2
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

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS