Quantcast

Kankakee Times

Monday, November 18, 2024

Kankakee County residents pay $141,310 in County Sales Tax in August

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kankakee County taxpayers paid $141,310 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $109,051.

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
August$141,31029.6
July$109,051-52.2
June$228,05488.1
May$121,2190.8
April$120,22733.8
March$89,823-29.9
February$128,114-40.7
January$215,94621.5
December 2023$177,73612.2
November 2023$158,386-12.2
October 2023$180,336-14.4
September 2023$210,77340.5

MORE NEWS