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Tuesday, November 5, 2024

Winnebago County collects $113,776 in County Sales Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Winnebago County taxpayers paid $113,776 in County Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $201,298.

Over the past 12 months, Winnebago County's residents have collectively paid a total of $2.1 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 Winnebago County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$113,776-43.5
January$201,2983.5
December 2022$194,484-6.1
November 2022$207,01018.8
October 2022$174,2875.4
September 2022$165,3806.7
August 2022$155,056-16.9
July 2022$186,687-1.8
June 2022$190,1282.1
May 2022$186,22115.4
April 2022$161,32525.7
March 2022$128,3661.2

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