Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $31,262.
Over the past 12 months, Hancock County's residents have collectively paid a total of $381,067 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 |
|---|---|---|
| October | $35,356 | 13.1 |
| September | $31,262 | -4.8 |
| August | $32,855 | -0.7 |
| July | $33,072 | 4.3 |
| June | $31,705 | 5.6 |
| May | $30,016 | -8.9 |
| April | $32,938 | 27.7 |
| March | $25,796 | -7.6 |
| February | $27,911 | -19.5 |
| January | $34,688 | 10.6 |
| December 2022 | $31,373 | -8 |
| November 2022 | $34,095 | -2 |
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