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Saturday, November 16, 2024

Bond County taxpayers give $34,247 in Countywide Sales Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Bond County taxpayers paid $34,247 in Countywide Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $31,075.

Over the past 12 months, Bond County's residents have collectively paid a total of $382,176 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 Bond County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$34,24710.2
May$31,075-5.9
April$33,03424.3
March$26,5844.5
February$25,436-26.3
January$34,5316.5
December 2022$32,429-7.9
November 2022$35,2169.3
October 2022$32,2065.1
September 2022$30,644-5.6
August 2022$32,445-5.5
July 2022$34,329-4.9

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