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Monday, December 23, 2024

Franklin County residents paid 27th-largest sum in sales taxes in Illinois during July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

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

In total, Franklin County residents paid $664,531 in sales taxes during July.

Franklin County also ranked 27th in the Prairie State the month before, with $690,135 spent in sales taxes.

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

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 July
County School Facility Tax [40.7%]Special County Retailers Occupation Tax [40.5%]Countywide Sales Tax [11.9%]County Sales Tax [6.8%]

Sales Taxes Collected in Franklin County in July
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$270,725-4.6
Special County Retailers Occupation Tax$269,300-4.6
Countywide Sales Tax$79,059-4.4
County Sales Tax$45,4489.2

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