Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where County Sales Tax collection stood at $512,442.
Over the past 12 months, Cook County's residents have collectively paid a total of $5.3 million in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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 |
---|---|---|
August | $494,783 | -3.4 |
July | $512,442 | -0.1 |
June | $512,744 | 11.2 |
May | $461,113 | -0.2 |
April | $462,197 | 19.4 |
March | $387,206 | 0.9 |
February | $383,877 | -29.8 |
January | $546,466 | 22.1 |
December 2023 | $447,452 | -0.1 |
November 2023 | $447,734 | 38.8 |
October 2023 | $322,619 | -10.8 |
September 2023 | $361,513 | 34 |
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