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Galesburg Reporter

Saturday, April 27, 2024

$140,387 in Countywide Sales Tax collected in December 2023 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 $140,387 in Countywide Sales Tax in December 2023, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $143,366.

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
December 2023$140,387-2.1
November 2023$143,3660
October 2023$143,4331.1
September 2023$141,8213.6
August 2023$136,891-9.1
July 2023$150,615-0.8
June 2023$151,7619.7
May 2023$138,377-2
April 2023$141,2697.6
March 2023$131,2685.3
February 2023$124,714-19.7
January 2023$155,2608.7

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