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Saturday, November 23, 2024

Hamilton County collects $16,307 in County Sales Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hamilton County taxpayers paid $16,307 in County Sales Tax in August, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $16,516.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $192,101 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 Hamilton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$16,307-1.3
July$16,51610.2
June$14,98613.4
May$13,216-14.7
April$15,49915.6
March$13,410-6.5
February$14,347-26.7
January$19,58213.1
December 2022$17,321-1.5
November 2022$17,5840.2
October 2022$17,55711.3
September 2022$15,7764.5

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