Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $48,201.
Over the past 12 months, Macoupin County's residents have collectively paid a total of $658,115 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| October | $58,563 | 21.5 |
| September | $48,201 | -9.1 |
| August | $53,022 | 6.1 |
| July | $49,960 | -7.7 |
| June | $54,109 | 15.7 |
| May | $46,785 | -6 |
| April | $49,766 | 11.3 |
| March | $44,721 | -14.9 |
| February | $52,529 | -28.7 |
| January | $73,668 | 14.7 |
| December 2022 | $64,247 | 2.7 |
| November 2022 | $62,544 | 16 |
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