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Galesburg Reporter

Saturday, November 23, 2024

Henderson County collects $14,242 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henderson County taxpayers paid $14,242 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 $16,507.

Over the past 12 months, Henderson County's residents have collectively paid a total of $166,276 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 Henderson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$14,242-13.7
April$16,50725.3
March$13,173-7.1
February$14,179-6.9
January$15,233-8.1
December 2023$16,58325.6
November 2023$13,203-20.5
October 2023$16,60472.7
September 2023$9,615-23.3
August 2023$12,54117.7
July 2023$10,658-22.4
June 2023$13,738-15.6

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