Quantcast

Grundy Reporter

Saturday, November 16, 2024

Grundy County taxpayers give $45,480 in County Sales Tax in October

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Grundy County taxpayers paid $45,480 in County Sales Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $52,068.

Over the past 12 months, Grundy County's residents have collectively paid a total of $600,634 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.

County Sales Tax Collected in Grundy County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$45,480-12.7
September$52,06817.9
August$44,147-6.2
July$47,055-9.5
June$51,9790
May$51,962-1.7
April$52,88642.9
March$36,999-14.4
February$43,201-24.8
January$57,4221
December 2022$56,845-6.2
November 2022$60,5901

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS