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NW Illinois News

Tuesday, November 26, 2024

Lee County collects $97,305 in Countywide Sales Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Lee County taxpayers paid $97,305 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 $98,636.

Over the past 12 months, Lee County's residents have collectively paid a total of $1.1 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 Lee County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$97,305-1.3
September$98,6363.6
August$95,212-9.2
July$104,805-0.3
June$105,07111.9
May$93,9094.3
April$90,07927.4
March$70,730-6.6
February$75,763-16.7
January$90,9785.2
December 2022$86,492-2.6
November 2022$88,807-0.8

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