Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $7,724.
Over the past 12 months, Wabash County's residents have collectively paid a total of $111,222 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| October | $7,492 | -3 |
| September | $7,724 | -38.4 |
| August | $12,534 | 19 |
| July | $10,530 | 15.7 |
| June | $9,101 | 45.2 |
| May | $6,266 | -22.4 |
| April | $8,071 | 14.2 |
| March | $7,068 | -14 |
| February | $8,222 | -32.2 |
| January | $12,133 | 5.3 |
| December 2022 | $11,521 | 9.1 |
| November 2022 | $10,560 | -23.8 |
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