Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Countywide Sales Tax collection stood just under $1.4 million.
The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Countywide Sales Tax Collected in Woodford County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $1,405,784 | 0.9% |
| 2023 | $1,393,709 | 7% |
| 2022 | $1,302,790 | 5.8% |
| 2021 | $1,231,046 | 26.2% |
| 2020 | $975,516 | 9.5% |
| 2019 | $891,064 | -2.8% |
| 2018 | $917,052 | - |
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