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Tuesday, November 5, 2024

Wayne County residents pay $72,022 in County 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

Wayne County taxpayers paid $72,022 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $59,728.

Over the past 12 months, Wayne County's residents have collectively paid a total of $759,732 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 Wayne County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$72,02220.6
December 2022$59,728-27
November 2022$81,84110.5
October 2022$74,09625.2
September 2022$59,1985.6
August 2022$56,051-13.4
July 2022$64,714-0.4
June 2022$64,98911.9
May 2022$58,079-21.2
April 2022$73,74870
March 2022$43,372-16.4
February 2022$51,894-19.8

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