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McHenry Times

Friday, November 22, 2024

McHenry County taxpayers give $13.6 million in County Share of RTA Sales Tax in 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

McHenry County taxpayers paid $13.6 million in County Share of RTA Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where County Share of RTA Sales Tax collection stood at $12.6 million.

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.

County Share of RTA Sales Tax Collected in McHenry County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$13,567,6477.3
2021$12,642,21423.1
2020$10,266,9525.2
2019$9,757,318-6.9

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