Quantcast

Kankakee Times

Saturday, November 23, 2024

$215,293 in County Sales Tax collected in June for Kankakee County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Kankakee County taxpayers paid $215,293 in County Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $126,708.

Over the past 12 months, Kankakee County's residents have collectively paid a total of $1.9 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 Kankakee County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$215,29369.9
May$126,708-41
April$214,84272.7
March$124,434-3.8
February$129,361-24.3
January$170,96029.8
December 2022$131,717-5.9
November 2022$139,984-9.7
October 2022$155,077-9.6
September 2022$171,4528.1
August 2022$158,545-5
July 2022$166,914-26.7

MORE NEWS