Quantcast

Carbondale Reporter

Wednesday, November 13, 2024

Marion responsible for 33rd-highest sales tax revenue in Illinois during August

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Marion taxpayers paid the 33rd largest sum in sales taxes per municipality in August, according to Illinois tax records.

In total, Marion residents paid $2.1 million in sales taxes during August.

Marion also ranked 33rd in the Prairie State the month before, with $2.1 million spent in sales taxes.

The Municipal Home Rule Sales Tax accounted for the largest share of sales taxes paid by Marion residents in August.

In Illinois, the Municipal Home Rule Sales Tax applies to a broad range of general merchandise. It operates similar to the state sales tax, but excludes certain items like vehicles and specific foods, drugs, and medical appliances that require state agency titling or registration. While this tax can be set in small increments with no maximum limit, it's important to note that not all municipalities choose to implement it. The revenue generated is destined to local services and infrastructure needs.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Marion in August
Municipal Home Rule Sales Tax [56.5%]Municipal Sales Tax [43.5%]

Sales Taxes Collected in Marion in August
Type of TaxAmount Collected in Month% Change From Previous Month
Municipal Home Rule Sales Tax$1,183,325-2
Municipal Sales Tax$912,6095.1

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS