Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Sales Tax collection stood at $148,467.
Over the past 12 months, Peoria County's residents have collectively paid a total of $1.8 million in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| January | $171,238 | 15.3 |
| December 2023 | $148,467 | -11.5 |
| November 2023 | $167,823 | 5.7 |
| October 2023 | $158,731 | 8.2 |
| September 2023 | $146,744 | -5.8 |
| August 2023 | $155,746 | 1.8 |
| July 2023 | $153,045 | -13.5 |
| June 2023 | $176,855 | 22.1 |
| May 2023 | $144,894 | 6.1 |
| April 2023 | $136,527 | 23.3 |
| March 2023 | $110,739 | -2.7 |
| February 2023 | $113,765 | -27.3 |
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