Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Countywide Sales Tax collection stood at $589,117.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| September | $592,537 | 0.6 |
| August | $589,117 | 2.5 |
| July | $574,991 | -8.4 |
| June | $627,467 | 8.7 |
| May | $577,032 | -1.9 |
| April | $588,279 | 11.7 |
| March | $526,803 | 14.6 |
| February | $459,691 | -30.2 |
| January | $658,298 | 13.7 |
| December 2023 | $579,004 | 2 |
| November 2023 | $567,830 | -1.6 |
| October 2023 | $576,982 | -1.8 |
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