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McLean County Times

Saturday, November 23, 2024

$641,451 in Countywide Sales Tax collected in July 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 $641,451 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $695,315.

Over the past 12 months, McLean County's residents have collectively paid a total of $8.4 million 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 McLean County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$641,451-7.7
June$695,3159.4
May$635,591-8.5
April$694,86515.9
March$599,6934.5
February$573,934-33.7
January$865,76622.6
December 2023$706,190-12.1
November 2023$802,9608
October 2023$743,6053.9
September 2023$715,612-5.5
August 2023$757,6311.4

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