Quantcast

Rock Island Today

Monday, December 23, 2024

Henry County residents pay $122,855 in Countywide Sales Tax in July

Webp david harris 1

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid $122,855 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $131,476.

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
July$122,855-6.6
June$131,47610
May$119,521-0.8
April$120,50820.5
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

MORE NEWS