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Tuesday, November 26, 2024

$183,428 in Countywide Sales Tax collected in August for Vermilion County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Vermilion County taxpayers paid $183,428 in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $190,170.

Over the past 12 months, Vermilion County's residents have collectively paid a total of $2.2 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
August$183,428-3.5
July$190,170-5.3
June$200,89012.6
May$178,475-9.4
April$197,01519.3
March$165,091-0.9
February$166,611-18.3
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

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