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Monday, November 18, 2024

Rock Island County residents pay $415,941 in Countywide Sales Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Rock Island County taxpayers paid $415,941 in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $414,406.

Over the past 12 months, Rock Island County's residents have collectively paid a total of $4.8 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 Rock Island County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$415,9410.4
September$414,406-0.9
August$417,996-2.5
July$428,771-1
June$433,0458.8
May$397,986-3.1
April$410,92024.3
March$330,515-5.5
February$349,888-20.1
January$437,91910.9
December 2022$395,044-1.1
November 2022$399,438-5.7

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