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 $58,888.
Over the past 12 months, Stephenson County's residents have collectively paid a total of $782,045 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 | $67,514 | 14.6 |
May | $58,888 | -10.5 |
April | $65,779 | -9.2 |
March | $72,472 | 32.6 |
February | $54,672 | -32.1 |
January | $80,536 | 2.6 |
December 2022 | $78,458 | 12.2 |
November 2022 | $69,947 | 7.4 |
October 2022 | $65,103 | 30.6 |
September 2022 | $49,845 | 1.5 |
August 2022 | $49,132 | -29.5 |
July 2022 | $69,699 | 26.9 |