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Tuesday, November 19, 2024

Mercer County taxpayers give $26,155 in Countywide Sales Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Mercer County taxpayers paid $26,155 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $25,341.

Over the past 12 months, Mercer County's residents have collectively paid a total of $326,345 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 Mercer County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$26,1553.2
September$25,341-7.3
August$27,336-5.2
July$28,8294.5
June$27,6009.5
May$25,216-15.4
April$29,79836.7
March$21,805-8.5
February$23,818-25
January$31,7409.1
December 2022$29,084-1.8
November 2022$29,6235.1

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