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Thursday, November 21, 2024

Gallatin County residents pay $4,586 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $4,586 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $5,083.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $71,980 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
July$4,586-9.8
June$5,083-23.9
May$6,67813.6
April$5,87637.7
March$4,268-26.4
February$5,802-18
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

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