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Sunday, November 24, 2024

$110,355 in County Sales Tax collected in February for Ogle County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Ogle County taxpayers paid $110,355 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $124,018.

Over the past 12 months, Ogle County's residents have collectively paid a total of $944,109 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 Ogle County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$110,355-11
January$124,01831.8
December 2022$94,10212.3
November 2022$83,7789.1
October 2022$76,81527.7
September 2022$60,145-6.6
August 2022$64,3911.9
July 2022$63,194-11.1
June 2022$71,0498.9
May 2022$65,260-9.9
April 2022$72,40123.5
March 2022$58,601-16.3

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