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Saturday, November 23, 2024

$7,078 in County Sales Tax collected in January for Gallatin County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $7,078 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $6,135.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $74,208 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 Gallatin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$7,07815.4
December 2023$6,135-23.3
November 2023$8,00220.7
October 2023$6,63226.9
September 2023$5,225-21
August 2023$6,6154.5
July 2023$6,33215.7
June 2023$5,475-7
May 2023$5,884-5.3
April 2023$6,21520.2
March 2023$5,172-5
February 2023$5,443-35.9

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