Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable 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 $14.6 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 |
---|---|---|
July | $1,247,120 | -4.4 |
June | $1,304,620 | 11.6 |
May | $1,169,490 | -2.7 |
April | $1,201,510 | 14 |
March | $1,053,530 | -6 |
February | $1,120,590 | -18.8 |
January | $1,380,160 | 12.5 |
December 2023 | $1,227,110 | 4.5 |
November 2023 | $1,174,000 | -1.7 |
October 2023 | $1,194,660 | -6.3 |
September 2023 | $1,274,500 | 5.7 |
August 2023 | $1,206,220 | -0.4 |
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