Quantcast

McHenry Times

Sunday, January 12, 2025

Prairie State sales taxes: McHenry County residents paid 8th-largest sum in October 2024

Webp cory staley 1

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 October 2024, according to Illinois tax records.

In total, McHenry County residents paid $4 million in sales taxes during October 2024.

McHenry County also ranked eighth in the Prairie State the month before, with $4.2 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 October 2024.

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 October 2024
County Share of RTA Sales Tax [30.6%]Countywide Sales Tax [25%]Special County Retailers Occupation Tax [19.8%]County Motor Fuel Tax [16.7%]County Sales Tax [7.9%]

Sales Taxes Collected in McHenry County in October 2024
Type of TaxAmount Collected in Month% Change From Previous Month
County Share of RTA Sales Tax$1,236,301-5.1
Countywide Sales Tax$1,008,076-4.3
Special County Retailers Occupation Tax$800,250-0.8
County Motor Fuel Tax$675,758-7
County Sales Tax$317,1514.6

MORE NEWS