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Friday, May 3, 2024

Ford County residents pay $31,889 in Countywide Sales Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Ford County taxpayers paid $31,889 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $29,567.

Over the past 12 months, Ford County's residents have collectively paid a total of $363,481 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
October$31,8897.9
September$29,5677.4
August$27,536-11
July$30,939-1.1
June$31,2746
May$29,4915.9
April$27,85014.5
March$24,325-11.4
February$27,463-17.5
January$33,299-1.8
December 2022$33,917-5.6
November 2022$35,9317.7

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