Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $66,286.
Over the past 12 months, Stephenson County's residents have collectively paid a total of $841,179 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| November 2024 | $77,803 | 17.4 |
| October 2024 | $66,286 | 0.8 |
| September 2024 | $65,787 | 23.9 |
| August 2024 | $53,096 | -20.4 |
| July 2024 | $66,738 | 6.8 |
| June 2024 | $62,476 | -28.5 |
| May 2024 | $87,404 | 32.6 |
| April 2024 | $65,895 | 21.8 |
| March 2024 | $54,106 | -17.8 |
| February 2024 | $65,799 | -25.6 |
| January 2024 | $88,479 | 1.3 |
| December 2023 | $87,310 | 20.3 |
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