Quantcast

Lake County Gazette

Sunday, December 22, 2024

$3.1 million in Countywide Sales Tax collected in September for Lake County

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Lake County taxpayers paid $3.1 million in Countywide Sales Tax in September, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $3 million.

Over the past 12 months, Lake County's residents have collectively paid a total of $33.8 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 Lake County Over Last 12 months
MonthAmount Collected% Change from Previous Month
September$3,061,7202.7
August$2,980,420-1.6
July$3,029,600-4.3
June$3,165,58014.6
May$2,762,350-1.6
April$2,807,32063.6
March$1,715,510-27.2
February$2,355,870-27.9
January$3,268,66011.3
December 2023$2,937,0402.6
November 2023$2,862,450-0.5
October 2023$2,876,320-8.9

MORE NEWS