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Thursday, November 21, 2024

Alexander County taxpayers give $7,549 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Alexander County taxpayers paid $7,549 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $8,229.

Over the past 12 months, Alexander County's residents have collectively paid a total of $110,229 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 Alexander County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$7,549-8.3
June$8,229-34.7
May$12,60630.3
April$9,67727.1
March$7,614-4.2
February$7,948-29.2
January$11,22625.8
December 2023$8,926-8.1
November 2023$9,712-0.8
October 2023$9,79319
September 2023$8,226-5.7
August 2023$8,723-1.7

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