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South Central Reporter

Monday, November 25, 2024

Montgomery County collects $89,489 in Countywide Sales Tax in November 2023

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Montgomery County taxpayers paid $89,489 in Countywide Sales Tax in November 2023, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $87,318.

Over the past 12 months, Montgomery County's residents have collectively paid a total of $1.1 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Montgomery County Over Last 12 months
MonthAmount Collected% Change from Previous Month
November 2023$89,4892.5
October 2023$87,318-23.9
September 2023$114,79715.7
August 2023$99,217-3
July 2023$102,2657.4
June 2023$95,2057.4
May 2023$88,607-5.4
April 2023$93,67531.6
March 2023$71,199-3.4
February 2023$73,715-18.5
January 2023$90,4585
December 2022$86,161-5.8

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