Quantcast

Kankakee Times

Monday, May 20, 2024

Kankakee County taxpayers give $417,448 in Countywide Sales Tax in January

Webp david harris 4

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kankakee County taxpayers paid $417,448 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $373,554.

Over the past 12 months, Kankakee County's residents have collectively paid a total of $4.4 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 Kankakee County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$417,44811.8
December 2022$373,554-0.8
November 2022$376,716-0.5
October 2022$378,546-0.9
September 2022$382,0501.8
August 2022$375,416-5.4
July 2022$396,775-2.3
June 2022$406,03110.1
May 2022$368,7952.6
April 2022$359,58423.9
March 2022$290,173-3
February 2022$299,220-25.2

MORE NEWS