Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
June | $332,484 | 21.2 |
May | $274,335 | 20.7 |
April | $227,260 | 25.2 |
March | $181,529 | -8.5 |
February | $198,492 | -35.2 |
January | $306,193 | 0.2 |
December 2023 | $305,725 | -7.6 |
November 2023 | $330,896 | -12.4 |
October 2023 | $377,825 | 6.3 |
September 2023 | $355,337 | 17.7 |
August 2023 | $302,013 | -14.6 |
July 2023 | $353,455 | 3 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE