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Illinois Valley Times

Thursday, November 21, 2024

Putnam County residents pay $32,908 in Countywide Sales Tax in June

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Putnam County taxpayers paid $32,908 in Countywide Sales Tax in June, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $32,896.

Over the past 12 months, Putnam County's residents have collectively paid a total of $416,487 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
June$32,9080
May$32,896-9.8
April$36,458-0.5
March$36,6454.6
February$35,044-0.2
January$35,115-19.4
December 2023$43,54229.3
November 2023$33,6836.1
October 2023$31,733-7.8
September 2023$34,41829.4
August 2023$26,599-29
July 2023$37,44610.1

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