Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $150,950.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $140,819 | -6.7 |
| June | $150,950 | 9.6 |
| May | $137,679 | -7.8 |
| April | $149,253 | 13.7 |
| March | $131,281 | -12.3 |
| February | $149,679 | -4.7 |
| January | $157,036 | 11.9 |
| December 2023 | $140,387 | -2.1 |
| November 2023 | $143,366 | 0 |
| October 2023 | $143,433 | 1.1 |
| September 2023 | $141,821 | 3.6 |
| August 2023 | $136,891 | -9.1 |
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