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Thursday, November 21, 2024

Vermilion County collects $189,899 in Countywide Sales Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Vermilion County taxpayers paid $189,899 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $203,346.

Over the past 12 months, Vermilion County's residents have collectively paid a total of $2.3 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
July$189,899-6.6
June$203,3469.4
May$185,879-5.9
April$197,53917.6
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

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