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McLean County Times

Monday, December 23, 2024

Livingston County residents pay $54,160 in County Sales Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Livingston County taxpayers paid $54,160 in County Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $52,825.

Over the past 12 months, Livingston County's residents have collectively paid a total of $698,735 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 Livingston County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$54,1602.5
April$52,8257.9
March$48,9524.5
February$46,832-28.6
January$65,55924.3
December 2023$52,754-21.4
November 2023$67,1485.2
October 2023$63,8546.7
September 2023$59,8640.8
August 2023$59,3753.1
July 2023$57,563-17.6
June 2023$69,84931.7

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