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Monday, December 23, 2024

Henry County responsible for 24th-highest sales tax revenue in Illinois during November 2023

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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 the 24th largest sum in sales taxes in November 2023, according to Illinois tax records.

In total, Henry County residents paid $768,870 in sales taxes during November 2023.

Henry County ranked 23rd in the Prairie State the month before, with $765,456 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Henry County residents in November 2023.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 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 November 2023
County School Facility Tax [52.8%]Special County Retailers Occupation Tax [26.2%]Countywide Sales Tax [15.7%]County Sales Tax [5.2%]

Sales Taxes Collected in Henry County in November 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$406,2700.8
Special County Retailers Occupation Tax$201,6800.7
Countywide Sales Tax$120,598-0.9
County Sales Tax$40,3200

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