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Sunday, November 24, 2024

Winnebago County residents pay $948,063 in Countywide Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Winnebago County taxpayers paid $948,063 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $1 million.

Over the past 12 months, Winnebago County's residents have collectively paid a total of $11.1 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
July$948,063-5.2
June$1,000,2309.5
May$913,239-3.5
April$946,78813.5
March$834,2824.7
February$796,741-23.6
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

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