Retail Sales Tax Increases In Okawville, Most Towns In County

By Debby Stricker

Retail sales in Okawville increased 10 percent in the 2020-2021 fiscal year, (July 1, 2020-June 30, 2021) according to the sales tax information provided by the Illinois Department of Revenue.

The village of Okawville received $249,573 as its one percent share of taxable sales. In the previous fiscal year Okawville received $225,922

The number of businesses collecting sales tax remained the same, at 60.

The 10 percent increase in sales tax income for the village follows a 5 percent decrease,  .1 percent decrease, 1.2 percent increase,  and 2.5 percent, 2.1, and 3.6 percent decreases the previous years. 

In the six years before that, Okawville had increases ranging from 1.8 percent to 8.3 percent, with only one year of a decrease.

Categories

Village sales tax income in the categories of Eating and Drinking places increased slightly from $22,901 to $23,101. The .8 percent increase follows an increase of 5 percent the prior year and  declines ranging from  2 to 7 percent the previous five years. 

Village income in the category of Drugs and Miscellaneous Retail increased 54 percent, from $20,896 to $32,360. The impact of people shopping locally during the Pandemic was likely a factor

The sales tax information does not separate the category of Food because there are fewer than 4 taxpayers in that category.

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