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Saturday, November 23, 2024

Moultrie County collects $54,141 in Countywide Sales Tax in July

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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 $54,141 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $49,869.

Over the past 12 months, Moultrie County's residents have collectively paid a total of $602,890 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
July$54,1418.6
June$49,869-3
May$51,4043.2
April$49,79821.2
March$41,074-1.2
February$41,578-17.8
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

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