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Monday, November 18, 2024

Champaign County responsible for 9th-highest sales tax revenue in Illinois during August

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

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

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

Champaign County also ranked ninth in the Prairie State the month before, with $3.4 million spent in sales taxes.

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

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 August
County School Facility Tax [62.2%]Countywide Sales Tax [17.7%]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 August
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$2,098,191-0.5
Countywide Sales Tax$596,734-1.5
Special County Retailers Occupation Tax$521,985-0.5
County Sales Tax$150,921-0.6
County Automobile Renting Tax$2,8335

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