Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $99,618.
Over the past 12 months, Montgomery County's residents have collectively paid a total of $457,407 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 |
---|---|---|
June | $55,226 | -44.6 |
May | $99,618 | 228.5 |
April | $30,321 | 20.5 |
March | $25,168 | -32.4 |
February | $37,205 | 33.3 |
January | $27,906 | -3.8 |
December 2023 | $29,003 | -6.3 |
November 2023 | $30,969 | 23.9 |
October 2023 | $24,995 | -3.6 |
September 2023 | $25,940 | -21.3 |
August 2023 | $32,956 | -13.5 |
July 2023 | $38,100 | 22.4 |
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