Quantcast

Chambana Sun

Friday, January 17, 2025

$65,292 in County Sales Tax collected in October 2024 for Vermilion County

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Vermilion County taxpayers paid $65,292 in County Sales Tax in October 2024, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $101,305.

Over the past 12 months, Vermilion County's residents have collectively paid a total of $851,667 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.

County Sales Tax Collected in Vermilion County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$65,292-35.5
September 2024$101,30553.2
August 2024$66,1157
July 2024$61,818-6.1
June 2024$65,8206.2
May 2024$61,992-5.6
April 2024$65,6377.9
March 2024$60,8373.8
February 2024$58,607-29.9
January 2024$83,5582.8
December 2023$81,2492.3
November 2023$79,43719.8

MORE NEWS