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Galesburg Reporter

Tuesday, November 26, 2024

$136,891 in Countywide Sales Tax collected in August for Knox County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Knox County taxpayers paid $136,891 in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $150,615.

Over the past 12 months, Knox County's residents have collectively paid a total of $1.7 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Knox County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$136,891-9.1
July$150,615-0.8
June$151,7619.7
May$138,377-2
April$141,2697.6
March$131,2685.3
February$124,714-19.7
January$155,2608.7
December 2022$142,8174.5
November 2022$136,692-4.1
October 2022$142,5101.7
September 2022$140,0781.3

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