Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous year, when Countywide Sales Tax collection stood just under $1.1 million.
The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Countywide Sales Tax Collected in Montgomery County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $1,087,949 | -0.4% |
| 2023 | $1,091,936 | 5.8% |
| 2022 | $1,032,393 | 8.2% |
| 2021 | $954,160 | 20.8% |
| 2020 | $790,143 | -4% |
| 2019 | $823,135 | -10% |
| 2018 | $914,720 | - |
ORGANIZATIONS IN THIS STORY
Village of Schram City• Village of Ohlman• City of Witt• Illinois Department of Revenue• City of Nokomis• Village of Irving• City of Hillsboro• Village of Fillmore• Village of Butler• Village of Coalton• Village of Taylor Springs• Village of Wenonah• City of Litchfield• Village of Walshville• City of Coffeen• Village of Waggoner• Village Of Raymond
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