Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $13,114.
Over the past 12 months, Bond County's residents have collectively paid a total of $217,062 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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
March | $15,962 | 21.7 |
February | $13,114 | -55.1 |
January | $29,227 | 27.3 |
December 2022 | $22,951 | 10.8 |
November 2022 | $20,714 | 15.5 |
October 2022 | $17,934 | 21.8 |
September 2022 | $14,729 | -1.5 |
August 2022 | $14,959 | -18.9 |
July 2022 | $18,440 | -2.2 |
June 2022 | $18,846 | 29.4 |
May 2022 | $14,559 | -6.8 |
April 2022 | $15,627 | 8.9 |