Quantcast

Peoria Standard

Monday, November 4, 2024

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

Webp david harris 3

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 June, according to Illinois tax records.

In total, Peoria County residents paid $2.8 million in sales taxes during June.

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 June.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 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 June
County School Facility Tax [35.5%]Special County Retailers Occupation Tax [35.2%]Countywide Sales Tax [22%]County Sales Tax [7%]County Automobile Renting Tax [0.3%]

Sales Taxes Collected in Peoria County in June
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$1,010,0959.6
Special County Retailers Occupation Tax$1,002,36110.1
Countywide Sales Tax$627,4678.7
County Sales Tax$198,2590.2
County Automobile Renting Tax$7,65538.2

MORE NEWS