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Sunday, November 24, 2024

Franklin County taxpayers give $67,779 in Countywide Sales Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Franklin County taxpayers paid $67,779 in Countywide Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $85,670.

Over the past 12 months, Franklin County's residents have collectively paid a total of $923,380 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 Franklin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$67,779-20.9
January$85,67015.5
December 2022$74,177-1.5
November 2022$75,329-0.2
October 2022$75,4974.2
September 2022$72,425-5.8
August 2022$76,908-10.1
July 2022$85,5802.6
June 2022$83,4025.6
May 2022$78,956-9.3
April 2022$87,09043.8
March 2022$60,567-2.9

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