Quantcast

Chambana Sun

Monday, November 18, 2024

$9,455 in County Sales Tax collected in December 2023 for Ford County

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Ford County taxpayers paid $9,455 in County Sales Tax in December 2023, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $6,336.

Over the past 12 months, Ford County's residents have collectively paid a total of $89,785 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.

County Sales Tax Collected in Ford County Over Last 12 months
MonthAmount Collected% Change from Previous Month
December 2023$9,45549.2
November 2023$6,336-15
October 2023$7,45524.4
September 2023$5,99117.5
August 2023$5,099-51.9
July 2023$10,59640.8
June 2023$7,5273.4
May 2023$7,27937.7
April 2023$5,2878.1
March 2023$4,889-44.6
February 2023$8,820-20.2
January 2023$11,05136.3

!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