Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Special County Retailers Occupation Tax collection stood just under $10.9 million.
The Special County Retailers Occupation 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.
Special County Retailers Occupation Tax Collected in Peoria County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $11,187,577 | 3% |
| 2023 | $10,864,376 | 0.9% |
| 2022 | $10,763,193 | 5.3% |
| 2021 | $10,225,890 | 28.6% |
| 2020 | $7,950,203 | 2.6% |
| 2019 | $7,750,705 | -12.5% |
| 2018 | $8,857,147 | - |
ORGANIZATIONS IN THIS STORY
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• Peoria City• Lake Camelot• City of Chillicothe• Village of Princeville• Village Of Bellevue• City of Elmwood• Village Of Glasford• Village Of Brimfield
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