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Will County Gazette

Wednesday, November 20, 2024

$2.5 million in Countywide Sales Tax collected in October for Will County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Will County taxpayers paid $2.5 million in Countywide Sales Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $2.7 million.

Over the past 12 months, Will County's residents have collectively paid a total of $31.9 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 Will County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$2,541,700-7.6
September$2,749,5202.8
August$2,675,080-23.5
July$3,495,85024.4
June$2,810,43012.1
May$2,508,050-2.7
April$2,577,25022
March$2,113,010-2.9
February$2,175,840-26.2
January$2,947,18010.1
December 2022$2,677,0501.2
November 2022$2,644,4200.6

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