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Friday, November 15, 2024

Bond County ranks 69th in total sales taxes paid in Illinois during May

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Bond County taxpayers ranked 69th in total sales taxes paid per county in May, according to Illinois tax records.

In total, Bond County residents paid $166,082 in sales taxes during May.

Bond County also ranked 69th in the Prairie State the month before, with $162,939 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Bond 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 Bond County in May
County School Facility Tax [69.3%]Countywide Sales Tax [19.5%]County Sales Tax [11.2%]

Sales Taxes Collected in Bond County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$115,1271.1
Countywide Sales Tax$32,382-1
County Sales Tax$18,57313.3

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