Quantcast

Peoria Standard

Friday, January 17, 2025

Woodford County collects $116,346 in Countywide Sales Tax in October 2024

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Woodford County taxpayers paid $116,346 in Countywide Sales Tax in October 2024, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $120,699.

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
October 2024$116,346-3.6
September 2024$120,6993.5
August 2024$116,670-2.3
July 2024$119,411-3.6
June 2024$123,8662.5
May 2024$120,8646.6
April 2024$113,4107.1
March 2024$105,8457.9
February 2024$98,075-22.5
January 2024$126,62110.2
December 2023$114,925-1.2
November 2023$116,3644.1

MORE NEWS