Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $13,486.
Over the past 12 months, Piatt County's residents have collectively paid a total of $173,589 in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $15,673 | 16.2 |
| June | $13,486 | -7.5 |
| May | $14,581 | 19.9 |
| April | $12,164 | 2.2 |
| March | $11,906 | -33.2 |
| February | $17,819 | -1.8 |
| January | $18,149 | 18.4 |
| December 2023 | $15,331 | -0.2 |
| November 2023 | $15,363 | 6.1 |
| October 2023 | $14,477 | 17.3 |
| September 2023 | $12,343 | 0.4 |
| August 2023 | $12,297 | -4.5 |
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