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Thursday, November 14, 2024

$111,973 in County Sales Tax collected in January for Ogle County

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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 $111,973 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $101,715.

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
January$111,97310.1
December 2023$101,7154
November 2023$97,781-19.4
October 2023$121,29639.9
September 2023$86,706-7
August 2023$93,21212.1
July 2023$83,1647.4
June 2023$77,449-23.5
May 2023$101,22122.6
April 2023$82,5625.8
March 2023$78,015-29.3
February 2023$110,355-11

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