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Kane County Reporter

Thursday, November 28, 2024

$1.7 million in Countywide Sales Tax collected in August for Kane County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Kane County taxpayers paid $1.7 million in Countywide Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $1.9 million.

Over the past 12 months, Kane County's residents have collectively paid a total of $20.3 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
August$1,734,800-7.2
July$1,868,4405
June$1,780,2808.8
May$1,636,2701.6
April$1,610,66018.4
March$1,359,820-4.5
February$1,423,530-25.9
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

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