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Galesburg Reporter

Saturday, November 23, 2024

Warren County collects $41,034 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Warren County taxpayers paid $41,034 in County Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $40,905.

Over the past 12 months, Warren County's residents have collectively paid a total of $555,058 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 Warren County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$41,0340.3
April$40,9058.7
March$37,632-6.3
February$40,175-23.5
January$52,528-23.1
December 2022$68,2713.5
November 2022$65,97031.1
October 2022$50,30824
September 2022$40,55828.3
August 2022$31,616-28.1
July 2022$43,9474.4
June 2022$42,11424.2

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