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Quincy Reporter

Saturday, November 23, 2024

Adams County collects $114,413 in County Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Adams County taxpayers paid $114,413 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $96,896.

Over the past 12 months, Adams County's residents have collectively paid a total of $1.2 million 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 Adams County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$114,41318.1
September$96,8965.4
August$91,975-7.3
July$99,2521.8
June$97,4988.5
May$89,870-17.7
April$109,18743
March$76,376-8.8
February$83,778-40.8
January$141,50733.6
December 2022$105,8923.9
November 2022$101,94331

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