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McHenry Times

Wednesday, May 1, 2024

$1.1 million in Countywide Sales Tax collected in January for McHenry County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

McHenry County taxpayers paid $1.1 million in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $984,325.

Over the past 12 months, McHenry County's residents have collectively paid a total of $11.2 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 McHenry County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$1,066,2808.3
December 2022$984,3254
November 2022$946,801-0.6
October 2022$952,9510.7
September 2022$946,1330.3
August 2022$943,722-6.5
July 2022$1,009,240-0.1
June 2022$1,010,5208.9
May 2022$927,9072
April 2022$909,31019.6
March 2022$760,242-0.9
February 2022$766,976-25.6

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