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West Central Reporter

Saturday, November 23, 2024

Schuyler County taxpayers give $7,032 in County Sales Tax in October

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Schuyler County taxpayers paid $7,032 in County Sales Tax in October, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $7,123.

Over the past 12 months, Schuyler County's residents have collectively paid a total of $81,811 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 Schuyler County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$7,032-1.3
September$7,1233.8
August$6,863-12
July$7,80217.9
June$6,616-16.2
May$7,8983.6
April$7,62421.4
March$6,28057.4
February$3,991-59.6
January$9,88169.6
December 2022$5,82619.5
November 2022$4,875-13.1

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