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Tuesday, November 26, 2024

Stephenson County residents pay $128,966 in Countywide Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stephenson County taxpayers paid $128,966 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $131,839.

Over the past 12 months, Stephenson County's residents have collectively paid a total of $1.6 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 Stephenson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$128,966-2.2
September$131,8393
August$127,987-6.4
July$136,749-3.4
June$141,56110.5
May$128,052-5.1
April$134,98717
March$115,3954.2
February$110,714-21.6
January$141,2022.4
December 2022$137,8302.7
November 2022$134,1776.2

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