Quantcast

West Central Reporter

Friday, November 22, 2024

$35,645 in Countywide Sales Tax collected in July for Pike County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Pike County taxpayers paid $35,645 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $34,963.

Over the past 12 months, Pike County's residents have collectively paid a total of $408,274 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Pike County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$35,6452
June$34,96312
May$31,223-5.2
April$32,92915.1
March$28,615-0.4
February$28,721-26.4
January$39,0047.5
December 2022$36,2820
November 2022$36,293-4
October 2022$37,7975.5
September 2022$35,82715.7
August 2022$30,975-13.9

MORE NEWS