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Grundy Reporter

Friday, November 15, 2024

Grundy County taxpayers give $49,673 in County Sales Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Grundy County taxpayers paid $49,673 in County Sales Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $53,710.

Over the past 12 months, Grundy County's residents have collectively paid a total of $769,171 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
August$49,673-7.5
July$53,710-13.8
June$62,313-2.5
May$63,887-55.9
April$144,904186.9
March$50,515-9.9
February$56,055-32
January$82,44646.2
December 2023$56,3889
November 2023$51,73213.7
October 2023$45,480-12.7
September 2023$52,06817.9

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