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Galesburg Reporter

Thursday, May 2, 2024

$124,714 in Countywide Sales Tax collected in February for Knox County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Knox County taxpayers paid $124,714 in Countywide Sales Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $155,260.

Over the past 12 months, Knox County's residents have collectively paid a total of $1.7 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 Knox County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$124,714-19.7
January$155,2608.7
December 2022$142,8174.5
November 2022$136,692-4.1
October 2022$142,5101.7
September 2022$140,0781.3
August 2022$138,346-8.2
July 2022$150,7793.7
June 2022$145,3611.1
May 2022$143,833-1.9
April 2022$146,67420.2
March 2022$121,9846.5

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