Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Motor Fuel Tax collection stood at $570,298.
Over the past 12 months, McHenry County's residents have collectively paid a total of $5.4 million in County Motor Fuel Tax.
The County Motor Fuel Tax is a local sales tax levied on motor fuels, with revenue dedicated to transportation infrastructure projects such as road construction, maintenance, and repair. It aims to enhance road conditions, improve safety, and facilitate efficient transportation.
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 |
|---|---|---|
| April | $637,216 | 11.7 |
| March | $570,298 | -8.6 |
| February | $624,220 | 62 |
| January | $385,203 | -0.6 |
| December 2023 | $387,343 | -5.9 |
| November 2023 | $411,706 | 3.7 |
| October 2023 | $396,942 | -5.4 |
| September 2023 | $419,565 | 2.3 |
| August 2023 | $410,243 | 6 |
| July 2023 | $387,132 | -1.9 |
| June 2023 | $394,740 | 9.2 |
| May 2023 | $361,503 | -39.2 |
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