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Sunday, November 24, 2024

$63,730 in Countywide Sales Tax collected in May for Iroquois County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Iroquois County taxpayers paid $63,730 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $62,772.

Over the past 12 months, Iroquois County's residents have collectively paid a total of $740,716 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 Iroquois County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$63,7301.5
April$62,77212.1
March$56,005-14.8
February$65,7016.1
January$61,9150.5
December 2023$61,633-4.2
November 2023$64,3347.3
October 2023$59,979-3.3
September 2023$62,0323.7
August 2023$59,795-1.7
July 2023$60,849-1.8
June 2023$61,9712.5

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