Quantcast

Will County Gazette

Friday, May 17, 2024

$2.4 million in Countywide Sales Tax collected in February for Will County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Will County taxpayers paid $2.4 million in Countywide Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $3 million.

Over the past 12 months, Will County's residents have collectively paid a total of $32.2 million 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 Will County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$2,401,020-21.1
January$3,042,29011.5
December 2023$2,729,7307.1
November 2023$2,548,7900.3
October 2023$2,541,700-7.6
September 2023$2,749,5202.8
August 2023$2,675,080-23.5
July 2023$3,495,85024.4
June 2023$2,810,43012.1
May 2023$2,508,050-2.7
April 2023$2,577,25022
March 2023$2,113,010-2.9

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS