Quantcast

Rockford Sun

Wednesday, May 1, 2024

$1 million in Countywide Sales Tax collected in January for Winnebago County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Winnebago County taxpayers paid $1 million in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $937,743.

Over the past 12 months, Winnebago County's residents have collectively paid a total of $10.9 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 Winnebago County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$1,043,38011.3
December 2023$937,7434.5
November 2023$897,151-2.6
October 2023$920,833-6.9
September 2023$988,5747.4
August 2023$920,497-6.2
July 2023$981,2250.9
June 2023$972,5828.7
May 2023$894,3541.4
April 2023$882,38017.5
March 2023$751,249-0.6
February 2023$755,653-26.1

!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