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Lake County Gazette

Sunday, November 24, 2024

Lake County collects $3.6 million in County Share of RTA Sales Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Lake County taxpayers paid $3.6 million in County Share of RTA Sales Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where County Share of RTA Sales Tax collection stood at $3.7 million.

Over the past 12 months, Lake County's residents have collectively paid a total of $40.6 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.

County Share of RTA Sales Tax Collected in Lake County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$3,590,220-4
June$3,738,25013.9
May$3,281,370-2.2
April$3,353,96051
March$2,221,300-23.9
February$2,918,270-25.4
January$3,911,68011.2
December 2023$3,518,4603.3
November 2023$3,406,340-0.3
October 2023$3,417,420-9.1
September 2023$3,759,1909.2
August 2023$3,441,520-8

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