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Wednesday, October 23, 2024

Henry County collects $125,089 in Countywide Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid $125,089 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $124,721.

Over the past 12 months, Henry County's residents have collectively paid a total of $1.4 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Henry County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$125,0890.3
December 2022$124,721-1.6
November 2022$126,7167.7
October 2022$117,609-1.7
September 2022$119,6140.5
August 2022$119,007-5.4
July 2022$125,781-2.5
June 2022$128,94910.2
May 2022$117,002-2.4
April 2022$119,87926.2
March 2022$94,959-6
February 2022$101,010-19

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