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Saturday, November 23, 2024

Pike County taxpayers give $33,610 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers paid $33,610 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 $32,473.

Over the past 12 months, Pike County's residents have collectively paid a total of $404,078 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 Pike County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$33,6103.5
April$32,4739.8
March$29,587-7.2
February$31,867-8
January$34,624-1.9
December 2023$35,2835.7
November 2023$33,373-9.2
October 2023$36,74514.5
September 2023$32,097-5.1
August 2023$33,811-5.1
July 2023$35,6452
June 2023$34,96312

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