Quantcast

Rock Island Today

Wednesday, November 6, 2024

Rock Island County residents pay $64,160 in County Sales Tax in July

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Rock Island County taxpayers paid $64,160 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $84,113.

Over the past 12 months, Rock Island County's residents have collectively paid a total of $897,661 in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

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.

County Sales Tax Collected in Rock Island County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$64,160-23.7
June$84,11318.7
May$70,8555.3
April$67,26816.1
March$57,921-33.1
February$86,558-2.7
January$88,97618
December 2023$75,401-3.4
November 2023$78,0573.5
October 2023$75,4198.6
September 2023$69,468-12.6
August 2023$79,465-1.9

MORE NEWS