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Monday, November 25, 2024

Franklin County taxpayers give $78,159 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Franklin County taxpayers paid $78,159 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $81,629.

Over the past 12 months, Franklin County's residents have collectively paid a total of $929,113 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
May$78,159-4.3
April$81,62921.1
March$67,415-2
February$68,801-16.6
January$82,46912.4
December 2023$73,350-4.6
November 2023$76,915-0.8
October 2023$77,505-0.2
September 2023$77,659-0.2
August 2023$77,820-7.5
July 2023$84,0941
June 2023$83,2978

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