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Thursday, November 14, 2024

$8,849 in County Sales Tax collected in August 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 $8,849 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $10,747.

Over the past 12 months, Wabash County's residents have collectively paid a total of $115,013 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
August$8,849-17.7
July$10,74745.2
June$7,399-2
May$7,550-22.8
April$9,7822.2
March$9,576-34.8
February$14,69135.4
January$10,851-4.7
December 2023$11,38426.9
November 2023$8,96819.7
October 2023$7,492-3
September 2023$7,724-38.4

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