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Will County Gazette

Sunday, December 22, 2024

Will County residents pay $546,691 in County Sales Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Will County taxpayers paid $546,691 in County Sales Tax in May, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $482,153.

Over the past 12 months, Will County's residents have collectively paid a total of $6.7 million 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 Will County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$546,69113.4
April$482,15312.8
March$427,256-9
February$469,619-39.8
January$780,24047.7
December 2023$528,400-1.7
November 2023$537,5656.4
October 2023$505,395-10.3
September 2023$563,351-6.7
August 2023$603,973-2.8
July 2023$621,2811.4
June 2023$612,45414.7

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