Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where County Share of RTA Sales Tax collection stood at $3.3 million.
Over the past 12 months, Lake County's residents have collectively paid a total of $40.7 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 |
|---|---|---|
| June | $3,738,250 | 13.9 |
| May | $3,281,370 | -2.2 |
| April | $3,353,960 | 51 |
| March | $2,221,300 | -23.9 |
| February | $2,918,270 | -25.4 |
| January | $3,911,680 | 11.2 |
| December 2023 | $3,518,460 | 3.3 |
| November 2023 | $3,406,340 | -0.3 |
| October 2023 | $3,417,420 | -9.1 |
| September 2023 | $3,759,190 | 9.2 |
| August 2023 | $3,441,520 | -8 |
| July 2023 | $3,741,040 | 2.7 |
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