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South Central Reporter

Wednesday, November 13, 2024

$110,406 in Countywide Sales Tax collected in May for Montgomery County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid $110,406 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $91,324.

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
May$110,40620.9
April$91,32413.9
March$80,1960.5
February$79,836-16.6
January$95,74611.3
December 2023$85,992-3.9
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

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