Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $129,056.
Over the past 12 months, Champaign County's residents have collectively paid a total of $1.6 million 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 |
|---|---|---|
| June | $161,124 | 24.8 |
| May | $129,056 | -1.2 |
| April | $130,561 | 32.6 |
| March | $98,446 | -19.2 |
| February | $121,871 | -20.8 |
| January | $153,846 | 1.2 |
| December 2022 | $152,052 | -8.8 |
| November 2022 | $166,744 | 22.4 |
| October 2022 | $136,193 | 9.2 |
| September 2022 | $124,675 | 4 |
| August 2022 | $119,860 | -14.4 |
| July 2022 | $140,102 | -13.9 |
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