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McLean County Times

Thursday, November 14, 2024

McLean County residents pay $88,949 in County Sales Tax in August

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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 $88,949 in County Sales Tax in August, according to Illinois tax records.

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.

County Sales Tax Collected in McLean County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$88,9490.8
July$88,228-2.1
June$90,0877.6
May$83,7013.6
April$80,75519
March$67,863-11.5
February$76,696-29.4
January$108,7035.4
December 2023$103,108-4.8
November 2023$108,29525.4
October 2023$86,361-6.9
September 2023$92,72115.5

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