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Sunday, December 22, 2024

Cook County taxpayers give $522,877 in County Sales Tax in July

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Cook County taxpayers paid $522,877 in County Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $566,709.

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.

County Sales Tax Collected in Cook County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$522,877-7.7
June$566,70945.2
May$390,229-9.8
April$432,59617.9
March$366,7711.9
February$359,958-27.7
January$497,61723.7
December 2022$402,4282.5
November 2022$392,661-11.5
October 2022$443,803-8.4
September 2022$484,71115.5
August 2022$419,601-9.7

ORGANIZATIONS IN THIS STORY

City of Prospect HeightsVillage of Western SpringsVillage of JusticeCity of NorthlakeCity of Chicago HeightsVillage of FlossmoorVillage of LyonsCity of Oak ForestVillage of GlenwoodVillage of Schiller ParkCity of Des PlainesIllinois Department of RevenueCity of Blue IslandVillage of South Chicago HeightsVillage of McCookVillage of LynwoodVillage of AlsipVillage of Franklin ParkVillage of PosenVillage of RiverdaleVillage of Elmwood ParkCity of Park RidgeVillage of Calumet ParkVillage of DoltonVillage of BellwoodVillage of River GroveVillage of WinnetkaVillage of RobbinsVillage of Forest ViewVillage of Merrionette ParkVillage of BrookfieldVillage of Stone ParkVillage of South HollandVillage of WestchesterVillage of Ford HeightsVillage of BridgeviewVillage of NilesVillage of StickneyVillage of MidlothianVillage of GlenviewVillage of ThorntonVillage of PhoenixVillage of DixmoorVillage of WorthVillage of Forest ParkVillage of Harwood HeightsCity of Palos HeightsVillage of NorthfieldVillage of Evergreen ParkVillage of Oak LawnVillage of SkokieVillage of River ForestVillage of LansingVillage of Bedford ParkVillage of MaywoodVillage of South BarringtonCity of BerwynVillage of LA GrangeVillage of NorthbrookVillage of Indian Head ParkVillage of HomewoodCity of Rolling MeadowsVillage of Melrose ParkVillage of StreamwoodCity of BurbankVillage of Chicago RidgeCity of Palos HillsVillage of Morton GroveVillage of BroadviewCity of Hickory HillsVillage of CrestwoodVillage of GolfVillage of BerkeleyVillage of WilmetteVillage of Oak ParkVillage Of Richton ParkVillage Of HillsideVillage Of Orland HillsVillage Of Mt ProspectCity Of HarveyVillage Of Hazel CrestVillage Of La Grange ParkVillage Of Olympia FieldsVillage Of InvernessVillage Of GlencoeCity of EvanstonVillage Of HodgkinsVillage Of North RiversideCity Of HometownCity Of CountrysideVillage Of BurnhamCity of MarkhamVillage Of Rosemont

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