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South Central Reporter

Friday, November 15, 2024

$95,205 in Countywide Sales Tax collected in June for Montgomery County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Montgomery County taxpayers paid $95,205 in Countywide Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $88,607.

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.

Countywide Sales Tax Collected in Montgomery County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$95,2057.4
May$88,607-5.4
April$93,67531.6
March$71,199-3.4
February$73,715-18.5
January$90,4585
December 2022$86,161-5.8
November 2022$91,4667.1
October 2022$85,426-7.4
September 2022$92,2377.3
August 2022$85,979-6.3
July 2022$91,761-3.8

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