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Peoria Standard

Friday, November 22, 2024

Prairie State sales taxes: Peoria County residents paid 12th-largest sum in March

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Peoria County taxpayers paid the 12th largest sum in sales taxes in March, according to Illinois tax records.

In total, Peoria County residents paid $2.1 million in sales taxes during March.

Peoria County also ranked 12th in the Prairie State the month before, with $2.1 million spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Peoria County residents in March.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than 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.

Composition of Sales Tax Revenue in Peoria County in March
County School Facility Tax [36.3%]Special County Retailers Occupation Tax [35.8%]Countywide Sales Tax [22.5%]County Sales Tax [5.2%]County Automobile Renting Tax [0.2%]

Sales Taxes Collected in Peoria County in March
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$770,274-0.2
Special County Retailers Occupation Tax$761,484-0.9
Countywide Sales Tax$477,2811.5
County Sales Tax$110,739-2.7
County Automobile Renting Tax$4,3730.8

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