Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
In total, residents paid approximately $25 million in sales taxes during that year.
East Peoria ranked 31st in the Prairie State the year before, with just over $24.4 million spent in sales taxes.
The largest share of taxes paid by the residents in 2023 came from Non-Home Rule Sales Tax.
In Illinois, the Non-Home Rule Sales Tax, levied by non-home rule local governments, targets the same general merchandise as the state sales tax. This tax can be set in 0.25% and up to 1% increments, and it's aimed at funding local services. Each non-home rule locality decides independently on whether to implement the tax and what rate to set, based on their specific needs.
As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.
Sales Taxes Collected in East Peoria in 2023
| Type of Tax | Amount Collected in Year | % Change From Previous Year |
|---|---|---|
| Non-Home Rule Sales Tax | $13,082,664 | 2.2% |
| Municipal Sales Tax | $10,347,938 | 3.2% |
| Business District Tax | $1,582,357 | 2% |
| Municipal Automobile Renting Tax | $23,822 | -4.7% |
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