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Sunday, November 24, 2024

$11,097 in County Sales Tax collected in May for Edwards County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Edwards County taxpayers paid $11,097 in County Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $11,434.

Over the past 12 months, Edwards County's residents have collectively paid a total of $143,594 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 Edwards County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$11,097-2.9
April$11,43417.7
March$9,714-4
February$10,122-1
January$10,223-22.3
December 2022$13,153-23
November 2022$17,0837.3
October 2022$15,92533.3
September 2022$11,94959.1
August 2022$7,510-39.9
July 2022$12,492-3.1
June 2022$12,8925.8

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