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Peoria Standard

Thursday, May 2, 2024

$594,247 in Countywide Sales Tax collected in July for Peoria County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Peoria County taxpayers paid $594,247 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Countywide Sales Tax collection stood at $603,862.

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.

Countywide Sales Tax Collected in Peoria County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$594,247-1.6
June$603,8627.9
May$559,9020.8
April$555,33016.4
March$477,2811.5
February$470,234-26.1
January$635,91213.6
December 2022$559,980-0.6
November 2022$563,413-1.5
October 2022$572,0901.6
September 2022$563,248-1.2
August 2022$569,995-2.9

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