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Peoria Standard

Sunday, November 24, 2024

Woodford County collects $120,592 in Countywide Sales Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Woodford County taxpayers paid $120,592 in Countywide Sales Tax in June, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $115,790.

Over the past 12 months, Woodford County's residents have collectively paid a total of $1.4 million 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 Woodford County Over Last 12 months
MonthAmount Collected% Change from Previous Month
June$120,5924.1
May$115,790-1.9
April$118,09217.2
March$100,794-3.3
February$104,184-20.1
January$130,32713.9
December 2022$114,382-0.1
November 2022$114,4427.5
October 2022$106,468-6.7
September 2022$114,1572.7
August 2022$111,127-3.4
July 2022$115,064-0.7

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