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Peoria Standard

Wednesday, May 1, 2024

Peoria County responsible for 12th-highest sales tax revenue in Illinois during October 2023

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Peoria County taxpayers paid the 12th largest sum in sales taxes in October 2023, according to Illinois tax records.

In total, Peoria County residents paid $2.6 million in sales taxes during October 2023.

Peoria County also ranked 12th in the Prairie State the month before, with $2.6 million spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Peoria County residents in October 2023.

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 October 2023
County School Facility Tax [35.6%]Special County Retailers Occupation Tax [35.5%]Countywide Sales Tax [22.4%]County Sales Tax [6.2%]County Automobile Renting Tax [0.3%]

Sales Taxes Collected in Peoria County in October 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$917,042-0.9
Special County Retailers Occupation Tax$913,416-0.9
Countywide Sales Tax$576,982-1.8
County Sales Tax$158,7318.2
County Automobile Renting Tax$6,492-5.2

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