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Peoria Standard

Monday, November 4, 2024

Woodford County collects $123,866 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 $123,866 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 $120,864.

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$123,8662.5
May$120,8646.6
April$113,4107.1
March$105,8457.9
February$98,075-22.5
January$126,62110.2
December 2023$114,925-1.2
November 2023$116,3644.1
October 2023$111,818-11.8
September 2023$126,7089.9
August 2023$115,334-2.9
July 2023$118,781-1.5

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