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Monday, November 25, 2024

$77,820 in Countywide Sales Tax collected in August for Franklin County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Franklin County taxpayers paid $77,820 in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $84,094.

Over the past 12 months, Franklin County's residents have collectively paid a total of $924,601 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
August$77,820-7.5
July$84,0941
June$83,2978
May$77,135-9.1
April$84,84427.5
March$66,534-1.8
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

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