County Sales Tax Revenue For Facility Funding To Sangamon County Schools
The county schools facility sales tax is for one cent on every dollar spent on qualifying retail purchases. Not everything falls under the County Sales Tax like all other municipal or county sales tax items. If it is not currently taxed, it will not be taxed.
The County Schools Facility Sales Tax revenue is generated locally from all Sangamon County residents, but more importantly generated from the population traveling to Springfield and through Sangamon County. Data shows that 30-40% of this qualifying sales tax revenue is generated from people outside, traveling to, and visiting Sangamon County. The county schools sales tax is a shift from relying exclusively on property owners to help fund public schools. This tax is shared amongst all people paying the sales tax on the qualifying purchases.
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