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Friday, September 20, 2024

$653,560 in Countywide Sales Tax collected in May for Champaign County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Champaign County taxpayers paid $653,560 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 $641,104.

Over the past 12 months, Champaign County's residents have collectively paid a total of $7.6 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 Champaign County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$653,5601.9
April$641,10410.8
March$578,4672.7
February$563,097-18
January$686,6666.7
December 2023$643,6821.5
November 2023$633,927-2.3
October 2023$648,796-6.4
September 2023$693,27615.8
August 2023$598,523-2.4
July 2023$613,310-6.7
June 2023$657,1587.1

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