Quantcast

Chambana Sun

Thursday, October 31, 2024

Champaign County residents paid 9th-largest sum in sales taxes in Illinois during July

Webp david harris 1

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Champaign County taxpayers paid the ninth largest sum in sales taxes in July, according to Illinois tax records.

In total, Champaign County residents paid $3.4 million in sales taxes during July.

Champaign County ranked eighth in the Prairie State the month before, with $3.7 million spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Champaign County residents in July.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Champaign County in July
County School Facility Tax [62.1%]Countywide Sales Tax [17.8%]Special County Retailers Occupation Tax [15.5%]County Sales Tax [4.5%]County Automobile Renting Tax [0.1%]

Sales Taxes Collected in Champaign County in July
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$2,108,781-8.5
Countywide Sales Tax$605,686-8.1
Special County Retailers Occupation Tax$524,619-8.5
County Sales Tax$151,758-5.7
County Automobile Renting Tax$2,698-20.7

MORE NEWS