How much money has the state collected from purchases in Illinois since July 1?
|Type||Current FY Amount||Previous FY Amount|
|Sales Tax Revenue||$12,475,799,719.20||$15,998,473,473.02|
About Sales Tax Revenues
Taxes imposed on the purchase of goods in Illinois is the second-largest state revenue source. The state collects the state sales tax and collects locally imposed sales taxes for local governments and processes the revenues collected in their taxing district back to the local governmental entity. The Regional Transportation Authority, home-rule units, and non-home rule municipalities are among the entities that may impose sales taxes under state laws.