Quantcast

Rockford Sun

Wednesday, December 18, 2024

Winnebago County responsible for 5th-highest sales tax revenue in Illinois during May

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Winnebago County taxpayers paid the fifth largest sum in sales taxes in May, according to Illinois tax records.

In total, Winnebago County residents paid $5.7 million in sales taxes during May.

Winnebago County also ranked fifth in the Prairie State the month before, with $5.9 million spent in sales taxes.

The Special County Retailers Occupation Tax accounted for the largest share of sales taxes paid by Winnebago County residents in May.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Winnebago County in May
Special County Retailers Occupation Tax [80.8%]Countywide Sales Tax [16%]County Sales Tax [3.3%]

Sales Taxes Collected in Winnebago County in May
Type of TaxAmount Collected in Month% Change From Previous Month
Special County Retailers Occupation Tax$4,621,519-3.9
Countywide Sales Tax$913,239-3.5
County Sales Tax$186,23616.4

!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