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Monday, November 25, 2024

Ford County taxpayers give $28,476 in Countywide Sales Tax in February

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Ford County taxpayers paid $28,476 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 $33,139.

Over the past 12 months, Ford County's residents have collectively paid a total of $361,454 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
February$28,476-14.1
January$33,139-2.7
December 2023$34,0693.6
November 2023$32,8993.2
October 2023$31,8897.9
September 2023$29,5677.4
August 2023$27,536-11
July 2023$30,939-1.1
June 2023$31,2746
May 2023$29,4915.9
April 2023$27,85014.5
March 2023$24,325-11.4

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