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Peoria Standard

Friday, November 22, 2024

Analysis: Sales tax funded 6 percent of City of West Peoria budget in 2016

Money 03

The City of West Peoria's local sales tax brought in $128,756 in 2016, according to Illinois State Comptroller revenue data. West Peoria, population 4,708, relied on its local sales tax to contribute 6 percent of total revenue that year.

West Peoria levies a 0.5 percent sales tax. The average of three suburbs in Peoria County is 0.83. The high is 1.5 percent; the low is 0.5 percent.

Peoria Standard analyzed the sales tax collections in three Peoria County suburbs and found they generated a total of $1,585,158 in tax revenue in 2016. That was the equivalent of 12% spent by local government.

Below is a list of Peoria County municipalities' local tax revenue.

Municipality
Population
Local sales tax rate
2016 revenue from sales tax
Percent of total revenue
Village of Peoria Heights
6,020
1.5%
$1,180,960
21%
City of West Peoria
4,708
0.5%
$128,756
6%
Village of Bartonville
6,310
0.5%
$275,442
5%

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