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Sunday, November 17, 2024

$1,795 in County Automobile Renting Tax collected in March for Champaign County

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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 $1,795 in County Automobile Renting Tax in March, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Automobile Renting Tax collection stood at $1,611.

Over the past 12 months, Champaign County's residents have collectively paid a total of $27,985 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
March$1,79511.4
February$1,611-13.2
January$1,857-21.1
December 2023$2,353-10.6
November 2023$2,6314.4
October 2023$2,519-3.3
September 2023$2,605-3.3
August 2023$2,6944.8
July 2023$2,570-1.3
June 2023$2,60334.2
May 2023$1,939-30.9
April 2023$2,80852.3

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