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West Central Reporter

Friday, November 22, 2024

Morgan County residents pay $27,071 in County Sales Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Morgan County taxpayers paid $27,071 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $24,165.

Over the past 12 months, Morgan County's residents have collectively paid a total of $301,330 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 Morgan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$27,07112
July$24,1654.5
June$23,13022
May$18,959-59.7
April$47,016153.4
March$18,556-16.4
February$22,187-34.6
January$33,94946.2
December 2022$23,2221.4
November 2022$22,9052.3
October 2022$22,38725.9
September 2022$17,783-1.3

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