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Sunday, November 24, 2024

Wayne County taxpayers give $56,010 in County Sales Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wayne County taxpayers paid $56,010 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $47,960.

Over the past 12 months, Wayne County's residents have collectively paid a total of $670,209 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 Wayne County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$56,01016.8
July$47,960-2
June$48,9511.7
May$48,1550.2
April$48,08132.4
March$36,328-4
February$37,839-47.5
January$72,02220.6
December 2022$59,728-27
November 2022$81,84110.5
October 2022$74,09625.2
September 2022$59,1985.6

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