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Thursday, November 21, 2024

$30,348 in County Sales Tax collected in July 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 $30,348 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 $34,376.

Over the past 12 months, Carroll County's residents have collectively paid a total of $319,715 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
July$30,348-11.7
June$34,3766.3
May$32,35050.3
April$21,51819.1
March$18,072-9.7
February$20,012-19.1
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

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