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Peoria Standard

Sunday, April 28, 2024

Peoria County taxpayers give $5,648 in County Automobile Renting Tax in December 2023

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Peoria County taxpayers paid $5,648 in County Automobile Renting Tax in December 2023, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Automobile Renting Tax collection stood at $6,234.

Over the past 12 months, Peoria County's residents have collectively paid a total of $69,773 in County Automobile Renting Tax.

The County Automobile Renting 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.

County Automobile Renting Tax Collected in Peoria County Over Last 12 months
MonthAmount Collected% Change from Previous Month
December 2023$5,648-9.4
November 2023$6,234-4
October 2023$6,492-5.2
September 2023$6,849-4.9
August 2023$7,20510.2
July 2023$6,536-0.8
June 2023$6,59118.4
May 2023$5,56631.6
April 2023$4,229-3.3
March 2023$4,3730.8
February 2023$4,337-24.1
January 2023$5,7131.7

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