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South Central Reporter

Thursday, November 21, 2024

Fayette County taxpayers give $29,305 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fayette County taxpayers paid $29,305 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $33,323.

Over the past 12 months, Fayette County's residents have collectively paid a total of $373,691 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
July$29,305-12.1
June$33,323-2.7
May$34,2604.6
April$32,74510
March$29,769-8.3
February$32,450-17.2
January$39,19632.6
December 2023$29,558-1.8
November 2023$30,0850.4
October 2023$29,97813.6
September 2023$26,385-0.9
August 2023$26,637-18.6

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