Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $47,016.
Over the past 12 months, Morgan County's residents have collectively paid a total of $285,534 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 |
---|---|---|
May | $18,959 | -59.7 |
April | $47,016 | 153.4 |
March | $18,556 | -16.4 |
February | $22,187 | -34.6 |
January | $33,949 | 46.2 |
December 2022 | $23,222 | 1.4 |
November 2022 | $22,905 | 2.3 |
October 2022 | $22,387 | 25.9 |
September 2022 | $17,783 | -1.3 |
August 2022 | $18,015 | -13.6 |
July 2022 | $20,841 | 5.7 |
June 2022 | $19,714 | 18.3 |