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Monday, November 25, 2024

Vermilion County residents pay $203,973 in Countywide Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Vermilion County taxpayers paid $203,973 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $186,062.

Over the past 12 months, Vermilion County's residents have collectively paid a total of $2.3 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 Vermilion County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$203,9739.6
December 2022$186,062-0.3
November 2022$186,568-6.2
October 2022$198,8408.7
September 2022$182,943-1
August 2022$184,837-7.8
July 2022$200,464-1.5
June 2022$203,6173
May 2022$197,6800.6
April 2022$196,57626.4
March 2022$155,474-3.2
February 2022$160,694-21.7

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