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Sunday, November 17, 2024

Piatt County collects $32,035 in Countywide Sales Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Piatt County taxpayers paid $32,035 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $30,830.

Over the past 12 months, Piatt County's residents have collectively paid a total of $380,566 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 Piatt County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$32,0353.9
April$30,83011.9
March$27,549-5.1
February$29,017-17.2
January$35,0315.8
December 2023$33,108-3.3
November 2023$34,2244.9
October 2023$32,6106
September 2023$30,766-4.7
August 2023$32,2762.7
July 2023$31,415-0.9
June 2023$31,7051.5

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