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South Central Reporter

Friday, November 22, 2024

Montgomery County taxpayers give $25,940 in County Sales Tax in September

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid $25,940 in County Sales Tax in September, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $32,956.

Over the past 12 months, Montgomery County's residents have collectively paid a total of $356,463 in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

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.

County Sales Tax Collected in Montgomery County Over Last 12 months
MonthAmount Collected% Change from Previous Month
September$25,940-21.3
August$32,956-13.5
July$38,10022.4
June$31,13419.7
May$26,018-13.2
April$29,97016.6
March$25,712-13.4
February$29,676-3.8
January$30,84118.7
December 2022$25,980-11.6
November 2022$29,398-4.4
October 2022$30,7387.9

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