Quantcast

Chambana Sun

Sunday, November 17, 2024

$211,103 in Countywide Sales Tax collected in January for Vermilion County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Vermilion County taxpayers paid $211,103 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 $186,846.

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
January$211,10313
December 2023$186,8460.8
November 2023$185,2780
October 2023$185,362-1.4
September 2023$188,0852.5
August 2023$183,428-3.5
July 2023$190,170-5.3
June 2023$200,89012.6
May 2023$178,475-9.4
April 2023$197,01519.3
March 2023$165,091-0.9
February 2023$166,611-18.3

MORE NEWS