Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase over the previous year, when County Automobile Renting Tax collection stood at $69,772.
The County Automobile Renting Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
County Automobile Renting Tax Collected in Peoria County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $76,078 | 9% |
| 2023 | $69,772 | 5.7% |
| 2022 | $66,040 | 40.8% |
| 2021 | $46,911 | 9.1% |
| 2020 | $42,998 | -39.8% |
| 2019 | $71,390 | -8.1% |
| 2018 | $77,710 | - |
ORGANIZATIONS IN THIS STORY
Village of Brimfield• West Peoria City• Village of Kingston Mines• Illinois Department of Revenue• Village of Mapleton• Village of Dunlap• Rome• Village of Norwood• Village of Hanna City• City of Peoria• Lake Camelot• City of Chillicothe• Village of Princeville• Village Of Bellevue• City of Elmwood• Village Of Glasford
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