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Sunday, November 24, 2024

Hamilton County collects $14,651 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hamilton County taxpayers paid $14,651 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $13,976.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $175,103 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 Hamilton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$14,6514.8
June$13,976-2.9
May$14,3980.2
April$14,3733.1
March$13,9470.9
February$13,826-12.5
January$15,8017.6
December 2023$14,6853.9
November 2023$14,128-12.5
October 2023$16,14818
September 2023$13,690-11.6
August 2023$15,480-0.4

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