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Monday, November 25, 2024

Stephenson County residents pay $139,032 in Countywide Sales Tax in January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Stephenson County taxpayers paid $139,032 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $135,282.

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
January$139,0322.8
December 2023$135,282-1
November 2023$136,6175.9
October 2023$128,966-2.2
September 2023$131,8393
August 2023$127,987-6.4
July 2023$136,749-3.4
June 2023$141,56110.5
May 2023$128,052-5.1
April 2023$134,98717
March 2023$115,3954.2
February 2023$110,714-21.6

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