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Peoria Standard

Wednesday, January 22, 2025

Peoria County taxpayers give $7,324 in County Automobile Renting Tax in October 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Peoria County taxpayers paid $7,324 in County Automobile Renting Tax in October 2024, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Automobile Renting Tax collection stood at $7,336.

Over the past 12 months, Peoria County's residents have collectively paid a total of $73,918 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.

County Automobile Renting Tax Collected in Peoria County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$7,324-0.2
September 2024$7,336-3.2
August 2024$7,5773
July 2024$7,358-3.9
June 2024$7,65538.2
May 2024$5,539-0.3
April 2024$5,55424.8
March 2024$4,4497.5
February 2024$4,138-19
January 2024$5,106-9.6
December 2023$5,648-9.4
November 2023$6,234-4

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