Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $947,214.
Over the past 12 months, McHenry County's residents have collectively paid a total of $11.5 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 |
|---|---|---|
| December 2023 | $988,674 | 4.4 |
| November 2023 | $947,214 | -2.2 |
| October 2023 | $968,695 | -5.2 |
| September 2023 | $1,021,690 | 2.8 |
| August 2023 | $994,169 | -4.2 |
| July 2023 | $1,038,080 | -0.8 |
| June 2023 | $1,046,810 | 12.1 |
| May 2023 | $933,463 | 2.7 |
| April 2023 | $908,781 | 15.3 |
| March 2023 | $787,972 | -3.3 |
| February 2023 | $815,117 | -23.6 |
| January 2023 | $1,066,280 | 8.3 |
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