Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where County Automobile Renting Tax collection stood at $7,655.
Over the past 12 months, Peoria County's residents have collectively paid a total of $72,227 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $7,358 | -3.9 |
| June | $7,655 | 38.2 |
| May | $5,539 | -0.3 |
| April | $5,554 | 24.8 |
| March | $4,449 | 7.5 |
| February | $4,138 | -19 |
| January | $5,106 | -9.6 |
| 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 | $7,205 | 10.2 |
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