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West Central Reporter

Wednesday, November 13, 2024

Morgan County collects $24,714 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Morgan County taxpayers paid $24,714 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $20,777.

Over the past 12 months, Morgan County's residents have collectively paid a total of $330,778 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 Morgan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$24,71418.9
June$20,7778.3
May$19,191-10.2
April$21,382-11.1
March$24,0411.5
February$23,692-69
January$76,397194.9
December 2023$25,91013.6
November 2023$22,803-5
October 2023$23,99615.3
September 2023$20,804-23.2
August 2023$27,07112

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