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Lake County Gazette

Friday, November 22, 2024

Lake County residents pay $39.9 million in County Share of RTA Sales Tax in 2022

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Lake County taxpayers paid $39.9 million in County Share of RTA Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where County Share of RTA Sales Tax collection stood at $35.6 million.

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.

County Share of RTA Sales Tax Collected in Lake County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$39,914,16512
2021$35,637,79520.2
2020$29,640,7096
2019$27,972,785-11.4

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