Quantcast

McHenry Times

Wednesday, November 6, 2024

Prairie State sales taxes: McHenry County residents paid 10th-largest sum in July

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

McHenry County taxpayers paid the 10th largest sum in sales taxes in July, according to Illinois tax records.

In total, McHenry County residents paid $3.2 million in sales taxes during July.

McHenry County also ranked 10th in the Prairie State the month before, with $3.3 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 July.

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 July
County Share of RTA Sales Tax [38.7%]Countywide Sales Tax [31.6%]County Motor Fuel Tax [20.5%]County Sales Tax [9.3%]

Sales Taxes Collected in McHenry County in July
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$1,247,121-4.4
Countywide Sales Tax$1,018,132-4.7
County Motor Fuel Tax$660,612-2.6
County Sales Tax$300,4909

MORE NEWS