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Saturday, April 27, 2024

Gallatin County residents pay $4,859 in Countywide Sales Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Gallatin County taxpayers paid $4,859 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $3,921.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $58,780 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 Gallatin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$4,85923.9
September$3,921-13.2
August$4,519-17.2
July$5,45515.4
June$4,727-0.9
May$4,770-4.7
April$5,00533.2
March$3,758-15.3
February$4,438-26.7
January$6,0523.4
December 2022$5,8548
November 2022$5,422-12.1

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