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Wednesday, November 6, 2024

Henry County residents pay $114,634 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid $114,634 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 $123,422.

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$114,634-7.1
June$123,4221.8
May$121,2321.6
April$119,35814.4
March$104,3735.7
February$98,752-22.4
January$127,2372.8
December 2023$123,7992.7
November 2023$120,598-0.9
October 2023$121,6392.9
September 2023$118,1700.5
August 2023$117,536-4.3

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