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Saturday, November 23, 2024

Iroquois County collects $34,950 in County Sales Tax in December 2023

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Iroquois County taxpayers paid $34,950 in County Sales Tax in December 2023, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $28,793.

Over the past 12 months, Iroquois County's residents have collectively paid a total of $371,462 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 Iroquois County Over Last 12 months
MonthAmount Collected% Change from Previous Month
December 2023$34,95021.4
November 2023$28,793-8.7
October 2023$31,522-6.7
September 2023$33,77338.1
August 2023$24,450-20
July 2023$30,5581.7
June 2023$30,03511.9
May 2023$26,829-16.3
April 2023$32,03942.1
March 2023$22,554-21.1
February 2023$28,570-39.7
January 2023$47,38959.6

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