Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where Private Vehicle County Home Rule Sales Tax collection stood at $1.3 million.
Over the past 12 months, Cook County's residents have collectively paid a total of $12.5 million in Private Vehicle County Home Rule Sales Tax.
The Private Vehicle County Home Rule Sales Tax, a crucial revenue stream, is primarily allocated for county governments 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 |
---|---|---|
August | $1,176,980 | -7.2 |
July | $1,268,830 | 19 |
June | $1,066,680 | -5.3 |
May | $1,126,230 | 8.5 |
April | $1,038,460 | -2.7 |
March | $1,067,080 | 7.4 |
February | $993,224 | 24.8 |
January | $795,592 | -9.2 |
December 2022 | $876,353 | -9.4 |
November 2022 | $967,666 | -9.9 |
October 2022 | $1,073,650 | 1.7 |
September 2022 | $1,055,680 | -11.1 |
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