Quantcast

West Central Reporter

Friday, January 17, 2025

McDonough County taxpayers give $82,278 in Countywide Sales Tax in October 2024

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McDonough County taxpayers paid $82,278 in Countywide Sales Tax in October 2024, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $76,003.

Over the past 12 months, McDonough County's residents have collectively paid a total of $882,417 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
October 2024$82,2788.3
September 2024$76,00312.1
August 2024$67,789-1.3
July 2024$68,663-10.5
June 2024$76,7232.5
May 2024$74,8854.9
April 2024$71,3788
March 2024$66,116-3.3
February 2024$68,346-14.4
January 2024$79,8617.8
December 2023$74,075-2.9
November 2023$76,300-2.9

MORE NEWS