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Monday, November 25, 2024

Rock Island County residents pay $404,511 in Countywide Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Rock Island County taxpayers paid $404,511 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $422,087.

Over the past 12 months, Rock Island County's residents have collectively paid a total of $4.9 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 Rock Island County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$404,511-4.2
April$422,08715.4
March$365,76527.4
February$287,160-36.5
January$451,95811.6
December 2023$405,000-2.1
November 2023$413,714-0.5
October 2023$415,9410.4
September 2023$414,406-0.9
August 2023$417,996-2.5
July 2023$428,771-1
June 2023$433,0458.8

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