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Illinois Valley Times

Wednesday, May 1, 2024

Putnam County residents pay $31,733 in Countywide Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Putnam County taxpayers paid $31,733 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $34,418.

Over the past 12 months, Putnam County's residents have collectively paid a total of $477,354 in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

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.

Countywide Sales Tax Collected in Putnam County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$31,733-7.8
September$34,41829.4
August$26,599-29
July$37,44610.1
June$34,018-4.5
May$35,616-19
April$43,9924.7
March$42,027-10.9
February$47,1559.1
January$43,203-9.6
December 2022$47,776-10.5
November 2022$53,37116.6

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