Quantcast

West Central Reporter

Saturday, November 23, 2024

McDonough County collects $74,885 in Countywide Sales Tax in May

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

McDonough County taxpayers paid $74,885 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $71,378.

Over the past 12 months, McDonough County's residents have collectively paid a total of $891,633 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 McDonough County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$74,8854.9
April$71,3788
March$66,116-3.3
February$68,346-14.4
January$79,8617.8
December 2023$74,075-2.9
November 2023$76,300-2.9
October 2023$78,5660
September 2023$78,53212.8
August 2023$69,644-7.2
July 2023$75,075-4.8
June 2023$78,85511.6

MORE NEWS