Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $559,902.
Over the past 12 months, Peoria County's residents have collectively paid a total of $6.7 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 |
|---|---|---|
| June | $603,862 | 7.9 |
| May | $559,902 | 0.8 |
| April | $555,330 | 16.4 |
| March | $477,281 | 1.5 |
| February | $470,234 | -26.1 |
| January | $635,912 | 13.6 |
| December 2022 | $559,980 | -0.6 |
| November 2022 | $563,413 | -1.5 |
| October 2022 | $572,090 | 1.6 |
| September 2022 | $563,248 | -1.2 |
| August 2022 | $569,995 | -2.9 |
| July 2022 | $587,041 | 1.6 |
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