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Kane County Reporter

Saturday, November 23, 2024

Kane County taxpayers give $1.8 million in County Share of RTA Sales Tax in February

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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 $1.8 million in County Share of RTA Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Share of RTA Sales Tax collection stood at $2.4 million.

Over the past 12 months, Kane County's residents have collectively paid a total of $24.8 million in County Share of RTA Sales Tax.

The County Share of RTA Sales Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions 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.

County Share of RTA Sales Tax Collected in Kane County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$1,845,180-22.4
January$2,377,32010.5
December 2023$2,151,5504.7
November 2023$2,054,430-2.6
October 2023$2,109,370-6.9
September 2023$2,266,4408.4
August 2023$2,090,2600.2
July 2023$2,086,630-3.2
June 2023$2,156,0208.8
May 2023$1,980,8000.4
April 2023$1,972,81016.8
March 2023$1,689,770-4.6

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