Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $116,670.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| September | $120,699 | 3.5 |
| August | $116,670 | -2.3 |
| July | $119,411 | -3.6 |
| June | $123,866 | 2.5 |
| May | $120,864 | 6.6 |
| April | $113,410 | 7.1 |
| March | $105,845 | 7.9 |
| February | $98,075 | -22.5 |
| January | $126,621 | 10.2 |
| December 2023 | $114,925 | -1.2 |
| November 2023 | $116,364 | 4.1 |
| October 2023 | $111,818 | -11.8 |
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