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Wednesday, November 6, 2024

Mercer County residents pay $23,435 in Countywide Sales Tax in July

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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 $23,435 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 $29,029.

Over the past 12 months, Mercer County's residents have collectively paid a total of $322,435 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
July$23,435-19.3
June$29,0294.1
May$27,8849.2
April$25,5295.7
March$24,147-6.2
February$25,752-11.9
January$29,2323.2
December 2023$28,335-6.4
November 2023$30,26015.7
October 2023$26,1553.2
September 2023$25,341-7.3
August 2023$27,336-5.2

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