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Friday, November 29, 2024

Hamilton County collects $15,536 in Countywide Sales Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Hamilton County taxpayers paid $15,536 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $13,379.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $170,534 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 Hamilton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$15,53616.1
June$13,3790.5
May$13,308-8.7
April$14,57222
March$11,945-5.1
February$12,589-21.5
January$16,03413.3
December 2022$14,148-5.6
November 2022$14,993-3.5
October 2022$15,5378
September 2022$14,3902
August 2022$14,103-17.2

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