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Friday, November 22, 2024

$25,839 in Countywide Sales Tax collected in May for Wabash County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wabash County taxpayers paid $25,839 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $27,146.

Over the past 12 months, Wabash County's residents have collectively paid a total of $308,865 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Wabash County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$25,839-4.8
April$27,14621.8
March$22,284-6.1
February$23,719-14.1
January$27,611-1.5
December 2023$28,0378.4
November 2023$25,86912.7
October 2023$22,959-11.7
September 2023$26,014-0.9
August 2023$26,257-0.5
July 2023$26,383-1.4
June 2023$26,74710.5

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