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McHenry Times

Saturday, November 16, 2024

McHenry County residents paid 11th-largest sum in sales taxes in Illinois during November 2023

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McHenry County taxpayers paid the 11th largest sum in sales taxes in November 2023, according to Illinois tax records.

In total, McHenry County residents paid $2.8 million in sales taxes during November 2023.

McHenry County also ranked 11th in the Prairie State the month before, with $2.9 million spent in sales taxes.

The County Share of RTA Sales Tax accounted for the largest share of sales taxes paid by McHenry County residents in November 2023.

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.

Composition of Sales Tax Revenue in McHenry County in November 2023
County Share of RTA Sales Tax [41.4%]Countywide Sales Tax [33.4%]County Motor Fuel Tax [14.5%]County Sales Tax [10.6%]

Sales Taxes Collected in McHenry County in November 2023
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$1,173,999-1.7
Countywide Sales Tax$947,214-2.2
County Motor Fuel Tax$411,7063.7
County Sales Tax$300,425-10

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