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Saturday, November 23, 2024

Jo Daviess County collects $73,917 in County Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Jo Daviess County taxpayers paid $73,917 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $48,972.

Over the past 12 months, Jo Daviess County's residents have collectively paid a total of $672,932 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 Jo Daviess County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$73,91750.9
June$48,972-20.2
May$61,39921
April$50,75628.9
March$39,367-26.8
February$53,758-10.6
January$60,116-3.4
December 2022$62,2140.1
November 2022$62,15714.4
October 2022$54,3263.6
September 2022$52,430-2
August 2022$53,520-6.4

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