Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous year, where County Flood Protection Tax collection stood at $766,577.
The County Flood Protection 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.
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2022 | $854,615 | 11.5 |
| 2021 | $766,577 | 32.2 |
| 2020 | $579,884 | 7.9 |
| 2019 | $537,289 | -9.4 |
Alerts Sign-up