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Sunday, November 24, 2024

Boone County residents pay $138,024 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Boone County taxpayers paid $138,024 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $136,449.

Over the past 12 months, Boone County's residents have collectively paid a total of $1.5 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 Boone County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$138,0241.2
June$136,44911
May$122,96613.5
April$108,34518.4
March$91,541-7.1
February$98,519-18
January$120,191-3.2
December 2022$124,207-7.3
November 2022$134,0404.1
October 2022$128,774-3.2
September 2022$133,0192
August 2022$130,413-1.9

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