Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when County Flood Protection Tax collection stood at $897,695.
The County Flood Protection Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
County Flood Protection Tax Collected in Monroe County Over Last 7 Years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2024 | $938,538 | 4.5% |
2023 | $897,695 | 5% |
2022 | $854,615 | 11.5% |
2021 | $766,577 | 32.2% |
2020 | $579,884 | 7.9% |
2019 | $537,289 | -9.4% |
2018 | $593,200 | - |