Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where County Sales Tax collection stood at $56,845.
Over the past 12 months, Grundy County's residents have collectively paid a total of $655,211 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 |
|---|---|---|
| January | $57,422 | 1 |
| December 2022 | $56,845 | -6.2 |
| November 2022 | $60,590 | 1 |
| October 2022 | $59,998 | 16.3 |
| September 2022 | $51,598 | 7.8 |
| August 2022 | $47,884 | -20.8 |
| July 2022 | $60,461 | 7.9 |
| June 2022 | $56,040 | -6.6 |
| May 2022 | $60,011 | 2.4 |
| April 2022 | $58,580 | 43.9 |
| March 2022 | $40,718 | -9.6 |
| February 2022 | $45,064 | -24.8 |
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