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Galesburg Reporter

Saturday, April 27, 2024

Warren County residents pay $50,441 in County Sales Tax in October

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Warren County taxpayers paid $50,441 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $35,763.

Over the past 12 months, Warren County's residents have collectively paid a total of $538,925 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
October$50,44141
September$35,76313.7
August$31,457-10.2
July$35,043-11.7
June$39,706-3.2
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

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