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South Central Reporter

Tuesday, November 19, 2024

Montgomery County responsible for 46th-highest sales tax revenue in Illinois during January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid the 46th largest sum in sales taxes in January, according to Illinois tax records.

In total, Montgomery County residents paid $437,360 in sales taxes during January.

Montgomery County ranked 47th in the Prairie State the month before, with $404,510 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Montgomery County residents in January.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Montgomery County in January
County School Facility Tax [72.3%]Countywide Sales Tax [20.7%]County Sales Tax [7.1%]

Sales Taxes Collected in Montgomery County in January
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$316,0608.1
Countywide Sales Tax$90,4585
County Sales Tax$30,84118.7

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