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Saturday, November 23, 2024

McDonough County responsible for 32nd-highest sales tax revenue in Illinois during October 2023

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

McDonough County taxpayers paid the 32nd largest sum in sales taxes in October 2023, according to Illinois tax records.

In total, McDonough County residents paid $557,411 in sales taxes during October 2023.

McDonough County ranked 34th in the Prairie State the month before, with $547,808 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by McDonough County residents in October 2023.

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 McDonough County in October 2023
County School Facility Tax [46.3%]Special County Retailers Occupation Tax [34.6%]Countywide Sales Tax [14.1%]County Sales Tax [5.1%]

Sales Taxes Collected in McDonough County in October 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$257,9552.9
Special County Retailers Occupation Tax$192,5982.8
Countywide Sales Tax$78,5660
County Sales Tax$28,292-9.5

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