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Friday, November 22, 2024

Moultrie County residents pay $50,567 in Countywide Sales Tax in January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Moultrie County taxpayers paid $50,567 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $52,809.

Over the past 12 months, Moultrie County's residents have collectively paid a total of $606,408 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 Moultrie County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$50,567-4.2
December 2022$52,809-14.2
November 2022$61,57716.1
October 2022$53,0427.4
September 2022$49,3963.7
August 2022$47,635-15.4
July 2022$56,3193
June 2022$54,65712.1
May 2022$48,774-9.1
April 2022$53,64846.3
March 2022$36,678-11.2
February 2022$41,306-9.3

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