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Sunday, November 24, 2024

Wabash County residents pay $24,200 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wabash County taxpayers paid $24,200 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $24,736.

Over the past 12 months, Wabash County's residents have collectively paid a total of $320,643 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
May$24,200-2.2
April$24,73615.4
March$21,440-6.8
February$23,015-17.3
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

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