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Galesburg Reporter

Tuesday, November 26, 2024

Warren County taxpayers give $39,731 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Warren County taxpayers paid $39,731 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $41,948.

Over the past 12 months, Warren County's residents have collectively paid a total of $541,022 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
May$39,731-5.3
April$41,948-6.3
March$44,77733.8
February$33,467-46.6
January$62,647-5.5
December 2023$66,30811
November 2023$59,73418.4
October 2023$50,44141
September 2023$35,76313.7
August 2023$31,457-10.2
July 2023$35,043-11.7
June 2023$39,706-3.2

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