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Kane County Reporter

Thursday, November 21, 2024

Kane County residents pay $332,484 in County Sales Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kane County taxpayers paid $332,484 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $274,335.

Over the past 12 months, Kane County's residents have collectively paid a total of $3.5 million in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

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 Sales Tax Collected in Kane County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$332,48421.2
May$274,33520.7
April$227,26025.2
March$181,529-8.5
February$198,492-35.2
January$306,1930.2
December 2023$305,725-7.6
November 2023$330,896-12.4
October 2023$377,8256.3
September 2023$355,33717.7
August 2023$302,013-14.6
July 2023$353,4553

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