Quantcast

Chambana Sun

Monday, May 20, 2024

$33,299 in Countywide Sales Tax collected in January for Ford County

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Ford County taxpayers paid $33,299 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $33,917.

Over the past 12 months, Ford County's residents have collectively paid a total of $372,807 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 Ford County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$33,299-1.8
December 2022$33,917-5.6
November 2022$35,9317.7
October 2022$33,35512.1
September 2022$29,7491.6
August 2022$29,293-9.9
July 2022$32,5062.6
June 2022$31,6853.7
May 2022$30,567-4.5
April 2022$32,01331.9
March 2022$24,266-7.5
February 2022$26,226-29.2

MORE NEWS