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McHenry Times

Monday, May 20, 2024

$11.2 million in Countywide Sales Tax collected in 2022 for McHenry County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McHenry County taxpayers paid $11.2 million in Countywide Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where Countywide Sales Tax collection stood at $10.5 million.

The Countywide Sales 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.

Countywide Sales Tax Collected in McHenry County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$11,189,0537
2021$10,454,89629.4
2020$8,079,3573
2019$7,843,528-8.3

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