Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase over the previous month, when County Sales Tax collection stood at $26,423.
Over the past 12 months, Bond County's residents have collectively paid a total of $286,560 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%.
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 |
---|---|---|
August | $28,760 | 8.8% |
July | $26,423 | 3.5% |
June | $25,538 | 4.3% |
May | $24,493 | -6.6% |
April | $26,232 | 20.5% |
March | $21,768 | 3.3% |
February | $21,080 | -20.9% |
January | $26,640 | -5.3% |
December 2024 | $28,134 | 48% |
November 2024 | $19,013 | 4.8% |
October 2024 | $18,137 | -10.8% |
September 2024 | $20,342 | 19% |
August 2024 | $17,090 | - |