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West Central Reporter

Friday, November 22, 2024

$29,761 in County Sales Tax collected in January for Pike County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers paid $29,761 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $24,759.

Over the past 12 months, Pike County's residents have collectively paid a total of $252,749 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 Pike County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$29,76120.2
December 2022$24,759-12.2
November 2022$28,20228.6
October 2022$21,93219.6
September 2022$18,334-4.2
August 2022$19,1343
July 2022$18,573-14.1
June 2022$21,62228.8
May 2022$16,782-23.4
April 2022$21,91350.4
March 2022$14,574-15.1
February 2022$17,163-18.1

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