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Friday, November 15, 2024

$76,819 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 $76,819 in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $79,059.

Over the past 12 months, Franklin County's residents have collectively paid a total of $922,471 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$76,819-2.8
July$79,059-4.4
June$82,6915.8
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

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