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South Central Reporter

Friday, November 15, 2024

Fayette County residents pay $55,991 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fayette County taxpayers paid $55,991 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $57,024.

Over the past 12 months, Fayette County's residents have collectively paid a total of $636,734 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 Fayette County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$55,991-1.8
June$57,0247
May$53,272-1.4
April$54,05216.6
March$46,356-2.9
February$47,733-19
January$58,95311.4
December 2022$52,898-1.1
November 2022$53,4662.4
October 2022$52,2142.7
September 2022$50,834-5.8
August 2022$53,941-6.2

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