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Friday, November 29, 2024

Gallatin County residents pay $6,332 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $6,332 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $5,475.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $79,508 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 Gallatin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$6,33215.7
June$5,475-7
May$5,884-5.3
April$6,21520.2
March$5,172-5
February$5,443-35.9
January$8,49215.1
December 2022$7,378-4.7
November 2022$7,742-24.3
October 2022$10,23188.1
September 2022$5,439-4.7
August 2022$5,705-34.6

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