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Thursday, November 21, 2024

Montgomery County responsible for 45th-highest sales tax revenue in Illinois during August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid the 45th largest sum in sales taxes in August, according to Illinois tax records.

In total, Montgomery County residents paid $402,282 in sales taxes during August.

Montgomery County ranked 53rd in the Prairie State the month before, with $323,297 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Montgomery County residents in August.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Montgomery County in August
County School Facility Tax [72.7%]Countywide Sales Tax [21.6%]County Sales Tax [5.7%]

Sales Taxes Collected in Montgomery County in August
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$292,47634.2
Countywide Sales Tax$87,00629.3
County Sales Tax$22,801-40

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