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 $411,379.
Over the past 12 months, Lake County's residents have collectively paid a total of $5 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 |
|---|---|---|
| October | $376,864 | -8.4 |
| September | $411,379 | 2.1 |
| August | $403,092 | -17.8 |
| July | $490,197 | -4.8 |
| June | $515,118 | 24.6 |
| May | $413,568 | 4.7 |
| April | $395,091 | 22.5 |
| 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 |
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