Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
In total, residents paid approximately $81.1 million in sales taxes during 2023.
The county also ranked fourth in the Prairie State the year before, with just under $79.7 million spent in sales taxes.
The largest share of sales taxes paid by Lake County residents in 2023 came from the 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.
As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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.
2023 Lake County Sales Tax Revenues by Type
Type of Tax | Amount Collected in Year | % Change From Previous Year |
---|---|---|
County Share of RTA Sales Tax | $41,172,639 | 3.2% |
Countywide Sales Tax | $34,857,012 | 2.3% |
County Sales Tax | $5,037,970 | -11.4% |
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