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Galesburg Reporter

Monday, November 25, 2024

Knox County responsible for 19th-highest sales tax revenue in Illinois during April

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Knox County taxpayers paid the 19th largest sum in sales taxes in April, according to Illinois tax records.

In total, Knox County residents paid $884,287 in sales taxes during April.

Knox County ranked 18th in the Prairie State the month before, with $829,907 spent in sales taxes.

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

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 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 Knox County in April
County School Facility Tax [53.8%]Special County Retailers Occupation Tax [26.8%]Countywide Sales Tax [16%]County Sales Tax [3.4%]

Sales Taxes Collected in Knox County in April
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$475,9328.7
Special County Retailers Occupation Tax$236,7398.7
Countywide Sales Tax$141,2697.6
County Sales Tax$30,348-29.5

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