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Will County Gazette

Monday, November 25, 2024

Will County taxpayers give $4 million in County Share of RTA Sales Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Will County taxpayers paid $4 million in County Share of RTA Sales Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Share of RTA Sales Tax collection stood at $3.2 million.

Over the past 12 months, Will County's residents have collectively paid a total of $36.6 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 Will County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$4,003,38023.8
June$3,234,81012
May$2,888,100-3.5
April$2,991,74020.9
March$2,475,130-3.6
February$2,566,530-24
January$3,378,8009.9
December 2022$3,075,8101.3
November 2022$3,035,1600.9
October 2022$3,007,670-0.9
September 2022$3,036,3303.1
August 2022$2,945,390-6.2

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