Quantcast

Galesburg Reporter

Sunday, November 24, 2024

Prairie State sales taxes: Knox County residents paid 18th-largest sum in June

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Knox County taxpayers paid the 18th largest sum in sales taxes in June, according to Illinois tax records.

In total, Knox County residents paid $963,652 in sales taxes during June.

Knox County also ranked 18th in the Prairie State the month before, with $885,226 spent in sales taxes.

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

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 June
County School Facility Tax [53.6%]Special County Retailers Occupation Tax [26.7%]Countywide Sales Tax [15.7%]County Sales Tax [4%]

Sales Taxes Collected in Knox County in June
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$516,5308.5
Special County Retailers Occupation Tax$256,9468.5
Countywide Sales Tax$151,7619.7
County Sales Tax$38,41512.4

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS