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Illinois Valley Times

Saturday, November 16, 2024

Bureau County collects $77,469 in Countywide Sales Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Bureau County taxpayers paid $77,469 in Countywide Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $71,861.

Over the past 12 months, Bureau County's residents have collectively paid a total of $909,206 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 Bureau County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$77,4697.8
April$71,86111.9
March$64,212-6.7
February$68,816-12
January$78,192-1.5
December 2023$79,373-1.5
November 2023$80,5795.8
October 2023$76,1450.6
September 2023$75,6830.8
August 2023$75,092-5.3
July 2023$79,289-3.9
June 2023$82,49510

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