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Sunday, December 22, 2024

Moultrie County collects $119,387 in County Sales Tax in June

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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 $119,387 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $135,347.

Over the past 12 months, Moultrie County's residents have collectively paid a total of $1.5 million 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 Moultrie County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$119,387-11.8
May$135,34719.9
April$112,84311.6
March$101,1083.6
February$97,615-20.8
January$123,236-7.9
December 2022$133,779-12.3
November 2022$152,46415.4
October 2022$132,1347.8
September 2022$122,51912.3
August 2022$109,138-21.8
July 2022$139,5494.6

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