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Monday, November 25, 2024

$121,296 in County Sales Tax collected in October for Ogle County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Ogle County taxpayers paid $121,296 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $86,706.

Over the past 12 months, Ogle County's residents have collectively paid a total of $1.1 million 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 Ogle County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$121,29639.9
September$86,706-7
August$93,21212.1
July$83,1647.4
June$77,449-23.5
May$101,22122.6
April$82,5625.8
March$78,015-29.3
February$110,355-11
January$124,01831.8
December 2022$94,10212.3
November 2022$83,7789.1

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