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Galesburg Reporter

Wednesday, January 22, 2025

Knox County residents pay $38,099 in County Sales Tax in October 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Knox County taxpayers paid $38,099 in County Sales Tax in October 2024, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $36,924.

Over the past 12 months, Knox County's residents have collectively paid a total of $441,796 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 Knox County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$38,0993.2
September 2024$36,9245.1
August 2024$35,13311.3
July 2024$31,579-4.3
June 2024$32,9820.5
May 2024$32,8152.5
April 2024$32,026-25.5
March 2024$43,0044.7
February 2024$41,0630.9
January 2024$40,707-0.6
December 2023$40,95412.2
November 2023$36,510-5.7

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