Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $22,644.
Over the past 12 months, Pike County's residents have collectively paid a total of $284,000 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| December 2023 | $29,633 | 30.9 |
| November 2023 | $22,644 | -18.9 |
| October 2023 | $27,906 | 54 |
| September 2023 | $18,121 | -12.2 |
| August 2023 | $20,649 | -20.9 |
| July 2023 | $26,093 | 19.1 |
| June 2023 | $21,911 | 29.3 |
| May 2023 | $16,945 | -20.8 |
| April 2023 | $21,393 | -22.6 |
| March 2023 | $27,630 | 29.6 |
| February 2023 | $21,314 | -28.4 |
| January 2023 | $29,761 | 20.2 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE
Alerts Sign-up