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McLean County Times

Sunday, April 28, 2024

$86,361 in County Sales Tax collected in October for McLean County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McLean County taxpayers paid $86,361 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $92,721.

Over the past 12 months, McLean County's residents have collectively paid a total of $1.1 million 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 McLean County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$86,361-6.9
September$92,72115.5
August$80,268-14.6
July$94,038-6.9
June$101,05514.7
May$88,1235.9
April$83,19918.5
March$70,204-13.7
February$81,306-24.7
January$108,0121.1
December 2022$106,873-2
November 2022$109,06214.9

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