Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where County Share of RTA Sales Tax collection stood at $1.3 million.
Over the past 12 months, McHenry County's residents have collectively paid a total of $13.6 million in County Share of RTA Sales Tax.
The County Share of RTA Sales Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions 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.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February | $1,013,570 | -21.2 |
January | $1,286,190 | 8.5 |
December 2022 | $1,185,620 | 3.5 |
November 2022 | $1,145,180 | -0.2 |
October 2022 | $1,147,260 | -1 |
September 2022 | $1,158,610 | 3.7 |
August 2022 | $1,116,830 | -7.8 |
July 2022 | $1,211,340 | 0.5 |
June 2022 | $1,205,120 | 8.1 |
May 2022 | $1,114,730 | 1.2 |
April 2022 | $1,101,390 | 18.4 |
March 2022 | $930,202 | -2.4 |
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