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Sunday, November 24, 2024

$109,977 in County Sales Tax collected in May for Jefferson County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Jefferson County taxpayers paid $109,977 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $117,385.

Over the past 12 months, Jefferson County's residents have collectively paid a total of $1.3 million 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 Jefferson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$109,977-6.3
April$117,38515.9
March$101,29216.2
February$87,152-27.1
January$119,6299.7
December 2022$109,020-6.3
November 2022$116,398-1.7
October 2022$118,47020.3
September 2022$98,456-4.5
August 2022$103,114-17.2
July 2022$124,50620.7
June 2022$103,15910.6

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