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Monday, December 23, 2024

Wabash County collects $11,384 in County Sales Tax in December 2023

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Wabash County taxpayers paid $11,384 in County Sales Tax in December 2023, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $8,968.

Over the past 12 months, Wabash County's residents have collectively paid a total of $109,493 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 Wabash County Over Last 12 months
MonthAmount Collected% Change from Previous Month
December 2023$11,38426.9
November 2023$8,96819.7
October 2023$7,492-3
September 2023$7,724-38.4
August 2023$12,53419
July 2023$10,53015.7
June 2023$9,10145.2
May 2023$6,266-22.4
April 2023$8,07114.2
March 2023$7,068-14
February 2023$8,222-32.2
January 2023$12,1335.3

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