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Friday, December 20, 2024

Rock Island County collects $74,435 in County Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Rock Island County taxpayers paid $74,435 in County Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $72,447.

Over the past 12 months, Rock Island County's residents have collectively paid a total of $871,676 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 Rock Island County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$74,4352.7
December 2022$72,4479.7
November 2022$66,050-55.9
October 2022$149,643136.4
September 2022$63,293-12.2
August 2022$72,064-10.5
July 2022$80,5628
June 2022$74,58123.8
May 2022$60,265-0.4
April 2022$60,51024.5
March 2022$48,615-1.2
February 2022$49,211-43.2

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