Quantcast

Rockford Sun

Monday, November 25, 2024

Winnebago County residents pay $181,627 in County Sales Tax in August

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Winnebago County taxpayers paid $181,627 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $207,323.

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
August$181,627-12.4
July$207,3238.5
June$190,99915.5
May$165,33311.2
April$148,74134.8
March$110,323-3
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

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS