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Saturday, November 23, 2024

$364,785 in Countywide Sales Tax collected in July for Kankakee County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kankakee County taxpayers paid $364,785 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $412,865.

Over the past 12 months, Kankakee County's residents have collectively paid a total of $4.5 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
July$364,785-11.6
June$412,8659.6
May$376,773-2.6
April$386,91120.3
March$321,5758.7
February$295,894-30.6
January$426,45813.6
December 2023$375,2462
November 2023$367,957-2.8
October 2023$378,451-4.3
September 2023$395,3349.5
August 2023$360,872-9.9

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