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Monday, December 23, 2024

Henry County residents paid 25th-largest sum in sales taxes in Illinois during July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid the 25th largest sum in sales taxes in July, according to Illinois tax records.

In total, Henry County residents paid $781,507 in sales taxes during July.

Henry County ranked 21st in the Prairie State the month before, with $826,242 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Henry County residents in July.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Henry County in July
County School Facility Tax [52.8%]Special County Retailers Occupation Tax [26.2%]Countywide Sales Tax [15.7%]County Sales Tax [5.3%]

Sales Taxes Collected in Henry County in July
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$412,533-4.4
Special County Retailers Occupation Tax$204,591-4.6
Countywide Sales Tax$122,855-6.6
County Sales Tax$41,527-14.8

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