Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Countywide Sales Tax collection stood at $380,789.
The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments' use.
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.
Countywide Sales Tax Collected in Bond County Over Last 7 Years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2024 | $392,653 | 3.1% |
2023 | $380,789 | 0.4% |
2022 | $379,445 | 20% |
2021 | $316,075 | 36.6% |
2020 | $231,361 | 6.3% |
2019 | $217,585 | -8.2% |
2018 | $236,994 | - |