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Sunday, November 24, 2024

$40,350 in County Sales Tax collected in September 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 $40,350 in County Sales Tax in September, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $33,875.

Over the past 12 months, Franklin County's residents have collectively paid a total of $476,286 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 Franklin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
September$40,35019.1
August$33,875-23.9
July$44,533-0.1
June$44,59725.9
May$35,411-36.5
April$55,748101.7
March$27,6413.6
February$26,668-50.2
January$53,59523.4
December 2022$43,43629.6
November 2022$33,509-9.2
October 2022$36,9238.7

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