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Wednesday, October 23, 2024

Henry County residents pay $100,025 in Countywide Sales Tax in March

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Henry County taxpayers paid $100,025 in Countywide Sales Tax in March, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $104,156.

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
March$100,025-4
February$104,156-16.7
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

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