Quantcast

North Egypt News

Sunday, April 28, 2024

Prairie State sales taxes: Franklin County residents paid 27th-largest sum in November 2023

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Franklin County taxpayers paid the 27th largest sum in sales taxes in November 2023, according to Illinois tax records.

In total, Franklin County residents paid $649,631 in sales taxes during November 2023.

Franklin County also ranked 27th in the Prairie State the month before, with $645,332 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Franklin County residents in November 2023.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Franklin County in November 2023
County School Facility Tax [41.4%]Special County Retailers Occupation Tax [41.2%]Countywide Sales Tax [11.8%]County Sales Tax [5.5%]

Sales Taxes Collected in Franklin County in November 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$269,1971.6
Special County Retailers Occupation Tax$267,7841.9
Countywide Sales Tax$76,915-0.8
County Sales Tax$35,736-10.8

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS