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Monday, December 23, 2024

Lee County taxpayers give $67,395 in County Sales Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Lee County taxpayers paid $67,395 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $72,126.

Over the past 12 months, Lee County's residents have collectively paid a total of $745,889 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 Lee County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$67,395-6.6
July$72,1268.8
June$66,2758
May$61,364-4.8
April$64,43630.1
March$49,519-2.2
February$50,628-16.8
January$60,847-3.4
December 2023$62,983-1.8
November 2023$64,1306.9
October 2023$59,994-9.4
September 2023$66,1920.4

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