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Illinois Valley Times

Monday, December 23, 2024

Putnam County taxpayers give $11,130 in County Sales Tax in March

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Putnam County taxpayers paid $11,130 in County Sales Tax in March, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $9,792.

Over the past 12 months, Putnam County's residents have collectively paid a total of $214,389 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 Putnam County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$11,13013.7
February$9,792-70.4
January$33,124108.4
December 2022$15,897-41.7
November 2022$27,263-21.1
October 2022$34,564190.8
September 2022$11,8873.4
August 2022$11,491-46.8
July 2022$21,60143.2
June 2022$15,08131.9
May 2022$11,4322.7
April 2022$11,1271.4

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