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Sunday, December 22, 2024

Champaign County collects $2,698 in County Automobile Renting 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

Champaign County taxpayers paid $2,698 in County Automobile Renting Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Automobile Renting Tax collection stood at $3,402.

Over the past 12 months, Champaign County's residents have collectively paid a total of $29,680 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
July$2,698-20.7
June$3,40224.8
May$2,725-2.3
April$2,79055.4
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

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