Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, when County School Facility Tax collection stood at $133,120.
Over the past 12 months, Bond County's residents have collectively paid a total of $1.4 million in County School Facility Tax.
The County School Facility Tax is a local sales tax that funds school construction and repairs. The tax is typically imposed at a rate of up to 1%. Authorized in Illinois in 2007, it has since then been adopted by over 60 counties. The tax is often viewed as a way to support schools without raising property taxes.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February | $101,913 | -23.4% |
January | $133,120 | 16.2% |
December 2024 | $114,538 | -9.3% |
November 2024 | $126,267 | 5.6% |
October 2024 | $119,574 | -1.6% |
September 2024 | $121,515 | 1.8% |
August 2024 | $119,329 | 3.6% |
July 2024 | $115,230 | -7.1% |
June 2024 | $124,087 | 7.8% |
May 2024 | $115,127 | 1.1% |
April 2024 | $113,825 | 16.4% |
March 2024 | $97,813 | 8% |
February 2024 | $90,545 | - |