Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $89,065.
Over the past 12 months, Vermilion County's residents have collectively paid a total of $779,621 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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February | $65,106 | -26.9 |
January | $89,065 | 12.4 |
December 2022 | $79,224 | 7.4 |
November 2022 | $73,789 | 11.7 |
October 2022 | $66,042 | 4.9 |
September 2022 | $62,964 | 4.6 |
August 2022 | $60,202 | -3.3 |
July 2022 | $62,238 | 27.8 |
June 2022 | $48,703 | -25.1 |
May 2022 | $65,036 | 25.3 |
April 2022 | $51,907 | -6.2 |
March 2022 | $55,345 | -6.6 |
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