Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $88,228.
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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
August | $88,949 | 0.8 |
July | $88,228 | -2.1 |
June | $90,087 | 7.6 |
May | $83,701 | 3.6 |
April | $80,755 | 19 |
March | $67,863 | -11.5 |
February | $76,696 | -29.4 |
January | $108,703 | 5.4 |
December 2023 | $103,108 | -4.8 |
November 2023 | $108,295 | 25.4 |
October 2023 | $86,361 | -6.9 |
September 2023 | $92,721 | 15.5 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE