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Saturday, November 23, 2024

Woodford County residents paid 26th-largest sum in sales taxes in Illinois during February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Woodford County taxpayers paid the 26th largest sum in sales taxes in February, according to Illinois tax records.

In total, Woodford County residents paid $638,141 in sales taxes during February.

Woodford County also ranked 26th in the Prairie State the month before, with $809,232 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Woodford County residents in February.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.

Composition of Sales Tax Revenue in Woodford County in February
County School Facility Tax [36.5%]Special County Retailers Occupation Tax [36.2%]Countywide Sales Tax [15.4%]County Sales Tax [12%]

Sales Taxes Collected in Woodford County in February
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$232,799-21.2
Special County Retailers Occupation Tax$230,975-21.5
Countywide Sales Tax$98,075-22.5
County Sales Tax$76,293-17.9

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