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Sunday, December 22, 2024

$108,195 in County Sales Tax collected in July for Moultrie County

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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 $108,195 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $126,139.

Over the past 12 months, Moultrie County's residents have collectively paid a total of $1.4 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
July$108,195-14.2
June$126,1395.9
May$119,152-0.2
April$119,40014.6
March$104,15233.5
February$78,004-31.3
January$113,571-3.8
December 2023$118,065-19
November 2023$145,73310.6
October 2023$131,727-2.4
September 2023$135,0276
August 2023$127,334-7.8

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