Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $17,916.
Over the past 12 months, Bond County's residents have collectively paid a total of $235,332 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 |
---|---|---|
November 2023 | $15,141 | -15.5 |
October 2023 | $17,916 | 4.1 |
September 2023 | $17,213 | 8.6 |
August 2023 | $15,847 | -27.5 |
July 2023 | $21,849 | -10 |
June 2023 | $24,289 | 36.9 |
May 2023 | $17,742 | -26.3 |
April 2023 | $24,081 | 50.9 |
March 2023 | $15,962 | 21.7 |
February 2023 | $13,114 | -55.1 |
January 2023 | $29,227 | 27.3 |
December 2022 | $22,951 | 10.8 |