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South Central Reporter

Wednesday, May 8, 2024

Fayette County collects $29,978 in County Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fayette County taxpayers paid $29,978 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $26,385.

Over the past 12 months, Fayette County's residents have collectively paid a total of $350,459 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 Fayette County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$29,97813.6
September$26,385-0.9
August$26,637-18.6
July$32,73611
June$29,5037.2
May$27,516-4.9
April$28,9342.9
March$28,128-3.5
February$29,135-20.3
January$36,55939
December 2022$26,307-8.1
November 2022$28,6410

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