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Sunday, November 17, 2024

$167,930 in Countywide Sales Tax collected in March for Vermilion County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Vermilion County taxpayers paid $167,930 in Countywide Sales Tax in March, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $168,084.

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
March$167,930-0.1
February$168,084-20.4
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

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