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Saturday, November 23, 2024

$550,235 in Countywide Sales Tax collected in February for Champaign County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Champaign County taxpayers paid $550,235 in Countywide Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $682,517.

Over the past 12 months, Champaign County's residents have collectively paid a total of $7.5 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 Champaign County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$550,235-19.4
January$682,5176
December 2022$644,093-0.7
November 2022$648,3151.4
October 2022$639,446-6.8
September 2022$686,41015.2
August 2022$596,010-5.4
July 2022$630,016-2.9
June 2022$648,8154.2
May 2022$622,695-0.6
April 2022$626,40429.5
March 2022$483,620-5.3

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