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Kane County Reporter

Friday, November 22, 2024

$1.9 million in Countywide Sales Tax collected in January for Kane County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kane County taxpayers paid $1.9 million in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $1.7 million.

Over the past 12 months, Kane County's residents have collectively paid a total of $20.1 million 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 Kane County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$1,921,31010
December 2022$1,746,5100.5
November 2022$1,737,8600.1
October 2022$1,736,740-0.1
September 2022$1,738,6300.6
August 2022$1,728,250-5.5
July 2022$1,829,6401
June 2022$1,811,5409.8
May 2022$1,650,4401.7
April 2022$1,623,22024.1
March 2022$1,308,0700.3
February 2022$1,303,900-28

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