Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase 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 $14.7 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 |
|---|---|---|
| September | $1,302,780 | 0.4 |
| August | $1,298,020 | 4.1 |
| 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 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE
Alerts Sign-up