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Saturday, November 23, 2024

Pike County ranks 62nd in total sales taxes paid in Illinois during May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Pike County taxpayers ranked 62nd in total sales taxes paid per county in May, according to Illinois tax records.

In total, Pike County residents paid $217,293 in sales taxes during May.

Pike County ranked 60th in the Prairie State the month before, with $218,537 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Pike County residents in May.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Pike County in May
County School Facility Tax [52%]Special County Retailers Occupation Tax [25.9%]Countywide Sales Tax [14.4%]County Sales Tax [7.8%]

Sales Taxes Collected in Pike County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$112,9263
Special County Retailers Occupation Tax$56,1983
Countywide Sales Tax$31,223-5.2
County Sales Tax$16,945-20.8

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