Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
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 $11.9 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 |
|---|---|---|
| October 2024 | $1,008,080 | -4.3 |
| September 2024 | $1,053,620 | 1.9 |
| August 2024 | $1,033,790 | 1.5 |
| July 2024 | $1,018,130 | -4.7 |
| June 2024 | $1,068,150 | 11 |
| May 2024 | $962,242 | -1 |
| April 2024 | $972,251 | 14 |
| March 2024 | $852,613 | -3 |
| February 2024 | $878,856 | -21.4 |
| January 2024 | $1,118,620 | 13.1 |
| December 2023 | $988,674 | 4.4 |
| November 2023 | $947,214 | -2.2 |
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