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Monday, November 25, 2024

Champaign County residents pay $2,103 in County Automobile Renting Tax in January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Champaign County taxpayers paid $2,103 in County Automobile Renting Tax in January, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Automobile Renting Tax collection stood at $2,429.

Over the past 12 months, Champaign County's residents have collectively paid a total of $26,896 in County Automobile Renting Tax.

The County Automobile Renting Tax, a crucial revenue stream, is primarily allocated for county governments 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 Automobile Renting Tax Collected in Champaign County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$2,103-13.4
December 2022$2,429-3.3
November 2022$2,5139.8
October 2022$2,288-18.3
September 2022$2,79916.6
August 2022$2,400-5.6
July 2022$2,543-7.5
June 2022$2,74941.3
May 2022$1,9462.3
April 2022$1,90315
March 2022$1,6555.5
February 2022$1,568-9.3

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