Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $5,099.
Over the past 12 months, Ford County's residents have collectively paid a total of $95,058 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%.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| September | $5,991 | 17.5 |
| August | $5,099 | -51.9 |
| July | $10,596 | 40.8 |
| June | $7,527 | 3.4 |
| May | $7,279 | 37.7 |
| April | $5,287 | 8.1 |
| March | $4,889 | -44.6 |
| February | $8,820 | -20.2 |
| January | $11,051 | 36.3 |
| December 2022 | $8,110 | 23.6 |
| November 2022 | $6,559 | -52.6 |
| October 2022 | $13,850 | 185.7 |
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