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Saturday, November 23, 2024

Wabash County residents pay $27,814 in Countywide Sales Tax in January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Wabash County taxpayers paid $27,814 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $28,910.

Over the past 12 months, Wabash County's residents have collectively paid a total of $320,194 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 Wabash County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$27,814-3.8
December 2022$28,910-10.5
November 2022$32,31419.5
October 2022$27,0363.2
September 2022$26,185-7
August 2022$28,1540
July 2022$28,150-1.9
June 2022$28,68918.5
May 2022$24,212-3.6
April 2022$25,10915.7
March 2022$21,695-1.1
February 2022$21,926-25.3

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