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Saturday, May 4, 2024

Mercer County collects $25,261 in County Sales Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Mercer County taxpayers paid $25,261 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $33,960.

Over the past 12 months, Mercer County's residents have collectively paid a total of $315,305 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 Mercer County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$25,261-25.6
January$33,96014
December 2022$29,786-7.7
November 2022$32,26022.4
October 2022$26,36311.8
September 2022$23,5883.7
August 2022$22,743-15.2
July 2022$26,8218.6
June 2022$24,7006.6
May 2022$23,177-7.4
April 2022$25,02915.8
March 2022$21,617-13.1

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