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Saturday, November 23, 2024

De Witt County residents pay $22,124 in County Sales Tax in February

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

De Witt County taxpayers paid $22,124 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $24,465.

Over the past 12 months, De Witt County's residents have collectively paid a total of $295,649 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 De Witt County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$22,124-9.6
January$24,465-3.2
December 2022$25,283-2.7
November 2022$25,9803.1
October 2022$25,19216.8
September 2022$21,568-0.8
August 2022$21,738-36.2
July 2022$34,09417.7
June 2022$28,96339.5
May 2022$20,764-21.1
April 2022$26,30437.2
March 2022$19,174-6.6

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