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 County Share of RTA Sales Tax collection stood at $3.8 million.
Over the past 12 months, Lake County's residents have collectively paid a total of $41 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 |
|---|---|---|
| October | $3,417,420 | -9.1 |
| September | $3,759,190 | 9.2 |
| August | $3,441,520 | -8 |
| July | $3,741,040 | 2.7 |
| June | $3,641,130 | 12.4 |
| May | $3,239,020 | -4.1 |
| April | $3,376,770 | 21.9 |
| March | $2,770,150 | -6.8 |
| February | $2,970,980 | -23.6 |
| January | $3,890,610 | 14 |
| December 2022 | $3,412,130 | 1.1 |
| November 2022 | $3,374,050 | -5.6 |
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