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Sunday, April 28, 2024

Prairie State sales taxes: Montgomery County residents paid 45th-largest sum in October 2023

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid the 45th largest sum in sales taxes in October 2023, according to Illinois tax records.

In total, Montgomery County residents paid $404,519 in sales taxes during October 2023.

Montgomery County ranked 43rd in the Prairie State the month before, with $430,057 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Montgomery County residents in October 2023.

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 October 2023
County School Facility Tax [72.2%]Countywide Sales Tax [21.6%]County Sales Tax [6.2%]

Sales Taxes Collected in Montgomery County in October 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$292,2051
Countywide Sales Tax$87,318-23.9
County Sales Tax$24,995-3.6

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