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Quincy Reporter

Saturday, November 23, 2024

Adams County taxpayers give $103,413 in County 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

Adams County taxpayers paid $103,413 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $152,678.

Over the past 12 months, Adams County's residents have collectively paid a total of $1.4 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
July$103,413-32.3
June$152,67843.8
May$106,146-10.2
April$118,155-1.7
March$120,18427.7
February$94,128-37.1
January$149,73036.7
December 2023$109,5428.2
November 2023$101,250-11.5
October 2023$114,41318.1
September 2023$96,8965.4
August 2023$91,975-7.3

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