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West Central Reporter

Monday, June 24, 2024

Hancock County collects $29,762 in Countywide Sales Tax in March

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Hancock County taxpayers paid $29,762 in Countywide Sales Tax in March, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $28,416.

Over the past 12 months, Hancock County's residents have collectively paid a total of $386,727 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 Hancock County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$29,7624.7
February$28,416-22.9
January$36,87322.2
December 2023$30,166-12.1
November 2023$34,306-3
October 2023$35,35613.1
September 2023$31,262-4.8
August 2023$32,855-0.7
July 2023$33,0724.3
June 2023$31,7055.6
May 2023$30,016-8.9
April 2023$32,93827.7

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