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McHenry Times

Friday, November 15, 2024

McHenry County responsible for 8th-highest sales tax revenue in Illinois during August

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

McHenry County taxpayers paid the eighth largest sum in sales taxes in August, according to Illinois tax records.

In total, McHenry County residents paid $4.1 million in sales taxes during August.

McHenry County ranked 10th in the Prairie State the month before, with $3.2 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 August.

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 August
County Share of RTA Sales Tax [31.5%]Countywide Sales Tax [25.1%]Special County Retailers Occupation Tax [19.6%]County Motor Fuel Tax [16.8%]County Sales Tax [6.9%]

Sales Taxes Collected in McHenry County in August
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$1,298,0164.1
Countywide Sales Tax$1,033,7861.5
Special County Retailers Occupation Tax$805,188-
County Motor Fuel Tax$691,4484.7
County Sales Tax$285,747-4.9

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