Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
In total, East Peoria residents paid $2.1 million in sales taxes during August.
East Peoria ranked 28th in the Prairie State the month before, with $2.2 million spent in sales taxes.
The Non-Home Rule Sales Tax accounted for the largest share of sales taxes paid by East Peoria residents in August.
In Illinois, the Non-Home Rule Sales Tax, levied by non-home rule local governments, targets the same general merchandise as the state sales tax. This tax can be set in 0.25% and up to 1% increments, and it's aimed at funding local services. Each non-home rule locality decides independently on whether to implement the tax and what rate to set, based on their specific needs.
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.
| Type of Tax | Amount Collected in Month | % Change From Previous Month |
|---|---|---|
| Non-Home Rule Sales Tax | $1,103,078 | -3.7 |
| Municipal Sales Tax | $858,251 | -9.4 |
| Business District Tax | $125,469 | -13.5 |
| Municipal Automobile Renting Tax | $2,994 | 49.4 |
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