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 $28,435.
Over the past 12 months, Hancock County's residents have collectively paid a total of $389,732 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 |
|---|---|---|
| September | $34,326 | 20.7 |
| August | $28,435 | -6.7 |
| July | $30,482 | -14.8 |
| June | $35,783 | 14.1 |
| May | $31,360 | -9 |
| April | $34,467 | 15.8 |
| March | $29,762 | 4.7 |
| February | $28,416 | -22.9 |
| January | $36,873 | 22.2 |
| December 2023 | $30,166 | -12.1 |
| November 2023 | $34,306 | -3 |
| October 2023 | $35,356 | 13.1 |
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