Quantcast

Kane County Reporter

Thursday, May 2, 2024

Kane County collects $882,629 in County Motor Fuel Tax in September

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Kane County taxpayers paid $882,629 in County Motor Fuel Tax in September, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Motor Fuel Tax collection stood at $838,593.

Over the past 12 months, Kane County's residents have collectively paid a total of $9.7 million in County Motor Fuel Tax.

The County Motor Fuel Tax is a local sales tax levied on motor fuels, with revenue dedicated to transportation infrastructure projects such as road construction, maintenance, and repair. It aims to enhance road conditions, improve safety, and facilitate efficient transportation.

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.

County Motor Fuel Tax Collected in Kane County Over Last 12 months
MonthAmount Collected% Change from Previous Month
September$882,6295.3
August$838,5933.1
July$813,124-2.5
June$834,03910.1
May$757,315-22.8
April$980,58837.8
March$711,749-2.4
February$729,100-10
January$810,2791.4
December 2022$798,903-1.4
November 2022$810,0963.8
October 2022$780,770-4

MORE NEWS