Quantcast

Peoria Standard

Monday, July 21, 2025

Woodford County taxpayers give just over $3.4 million in County School Facility Tax in 2024

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Woodford County taxpayers paid just over $3.4 million in County School Facility Tax in 2024, according to Illinois tax records.

This figure marks a noticeable increase over the previous year, when County School Facility Tax collection stood just over $3.3 million.

The County School Facility Tax is a local sales tax that funds school construction and repairs. The tax is typically imposed at a rate of up to 1%. Authorized in Illinois in 2007, it has since then been adopted by over 60 counties. The tax is often viewed as a way to support schools without raising property taxes.

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 School Facility Tax Collected in Woodford County Over Last 7 Years
YearAmount Collected% Change from Previous Year
2024$3,400,6902.3%
2023$3,323,0276.7%
2022$3,113,15515.2%
2021$2,703,03642.6%
2020$1,895,6899.5%
2019$1,730,516115.7%
2018$802,238-

MORE NEWS