Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $351,659.
Over the past 12 months, Lake County's residents have collectively paid a total of $5.7 million in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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 |
---|---|---|
March | $322,439 | -8.3 |
February | $351,659 | -21.7 |
January | $449,339 | 6.4 |
December 2022 | $422,277 | -12.8 |
November 2022 | $484,175 | -52.4 |
October 2022 | $1,018,130 | 146.2 |
September 2022 | $413,559 | -11.5 |
August 2022 | $467,190 | -6.8 |
July 2022 | $501,359 | 3.3 |
June 2022 | $485,291 | 33.9 |
May 2022 | $362,410 | -9.3 |
April 2022 | $399,627 | 21.1 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE