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McHenry Times

Wednesday, November 6, 2024

$1 million in Countywide Sales Tax collected in July 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 million in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $1.1 million.

Over the past 12 months, McHenry County's residents have collectively paid a total of $11.8 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
July$1,018,130-4.7
June$1,068,15011
May$962,242-1
April$972,25114
March$852,613-3
February$878,856-21.4
January$1,118,62013.1
December 2023$988,6744.4
November 2023$947,214-2.2
October 2023$968,695-5.2
September 2023$1,021,6902.8
August 2023$994,169-4.2

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