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Monday, April 29, 2024

Boone County residents pay $148,633 in Countywide Sales Tax in November 2023

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Boone County taxpayers paid $148,633 in Countywide Sales Tax in November 2023, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $152,008.

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
November 2023$148,633-2.2
October 2023$152,008-3
September 2023$156,64919.5
August 2023$131,111-5
July 2023$138,0241.2
June 2023$136,44911
May 2023$122,96613.5
April 2023$108,34518.4
March 2023$91,541-7.1
February 2023$98,519-18
January 2023$120,191-3.2
December 2022$124,207-7.3

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