Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $93,675.
Over the past 12 months, Montgomery County's residents have collectively paid a total of $1 million 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| May | $88,607 | -5.4 |
| April | $93,675 | 31.6 |
| March | $71,199 | -3.4 |
| February | $73,715 | -18.5 |
| January | $90,458 | 5 |
| December 2022 | $86,161 | -5.8 |
| November 2022 | $91,466 | 7.1 |
| October 2022 | $85,426 | -7.4 |
| September 2022 | $92,237 | 7.3 |
| August 2022 | $85,979 | -6.3 |
| July 2022 | $91,761 | -3.8 |
| June 2022 | $95,395 | 8 |
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