Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
In total, residents paid just under $5 million in sales taxes during 2023.
The county also ranked 42nd in the Prairie State the year before, with just under $5 million spent in sales taxes.
The largest share of sales taxes paid by Vermilion County residents in 2023 came from the Countywide Sales Tax.
The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments' 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 Vermilion County Sales Tax Revenues by Type
Type of Tax | Amount Collected in Year | % Change From Previous Year |
---|---|---|
Countywide Sales Tax | $2,231,225 | -1.2% |
Special County Retailers Occupation Tax | $1,919,173 | -0.5% |
County Sales Tax | $812,505 | 6.5% |
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