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Peoria Standard

Saturday, December 28, 2024

$658,298 in Countywide Sales Tax collected in January 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 $658,298 in Countywide Sales Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $579,004.

Over the past 12 months, Peoria County's residents have collectively paid a total of $6.8 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
January$658,29813.7
December 2023$579,0042
November 2023$567,830-1.6
October 2023$576,982-1.8
September 2023$587,5803
August 2023$570,674-4
July 2023$594,247-1.6
June 2023$603,8627.9
May 2023$559,9020.8
April 2023$555,33016.4
March 2023$477,2811.5
February 2023$470,234-26.1

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