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South Central Reporter

Friday, November 15, 2024

Bond County taxpayers give $32,382 in Countywide Sales Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Bond County taxpayers paid $32,382 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $32,724.

Over the past 12 months, Bond County's residents have collectively paid a total of $388,119 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
May$32,382-1
April$32,72412.8
March$29,01510.8
February$26,177-30.5
January$37,69023.3
December 2023$30,571-3.3
November 2023$31,614-3.5
October 2023$32,773-0.2
September 2023$32,841-3.6
August 2023$34,0730.2
July 2023$34,012-0.7
June 2023$34,24710.2

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