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Peoria Standard

Thursday, November 21, 2024

$627,467 in Countywide Sales Tax collected in June 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 $627,467 in Countywide Sales Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Countywide Sales Tax collection stood at $577,032.

Over the past 12 months, Peoria County's residents have collectively paid a total of $6.9 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
June$627,4678.7
May$577,032-1.9
April$588,27911.7
March$526,80314.6
February$459,691-30.2
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

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