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Monday, November 25, 2024

$24,722 in County Sales Tax collected in January for Carroll County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Carroll County taxpayers paid $24,722 in County Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $24,993.

Over the past 12 months, Carroll County's residents have collectively paid a total of $302,933 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 Carroll County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$24,722-1.1
December 2023$24,993-9.3
November 2023$27,562-1.1
October 2023$27,88115.8
September 2023$24,074-28.8
August 2023$33,807-4.1
July 2023$35,2417.3
June 2023$32,84547
May 2023$22,341-3.6
April 2023$23,167110.2
March 2023$11,024-27.8
February 2023$15,276-34.4

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