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Saturday, November 23, 2024

Ogle County residents pay $126,922 in Countywide Sales Tax in July

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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 $126,922 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $121,768.

Over the past 12 months, Ogle County's residents have collectively paid a total of $1.4 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments 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.

Countywide Sales Tax Collected in Ogle County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$126,9224.2
June$121,7682
May$119,4029
April$109,5612.7
March$106,7180.4
February$106,295-19.3
January$131,69113.1
December 2022$116,422-3.3
November 2022$120,3903.4
October 2022$116,460-0.8
September 2022$117,431-2.1
August 2022$120,006-5.4

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