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West Central Reporter

Thursday, April 18, 2024

Analysis: Sales tax funded 8 percent of City of Monmouth budget in 2016

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The City of Monmouth's local sales tax brought in $1,300,365 in 2016, according to Illinois State Comptroller revenue data. Monmouth, population 9,244, relied on its local sales tax to contribute 8 percent of total revenue that year.

Monmouth levies a 2 percent sales tax. The average of one suburbs in Warren County is 2.0. The high is 2 percent; the low is 2 percent.

West Central Reporter analyzed the sales tax collections in one Warren County suburbs and found they generated a total of $1,300,365 in tax revenue in 2016. That was the equivalent of 8% spent by local government.

Below is a list of Warren County municipalities' local tax revenue.

Municipality
Population
Local sales tax rate
2016 revenue from sales tax
Percent of total revenue
City of Monmouth
9,244
2%
$1,300,365
8%

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