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Saturday, May 4, 2024

Rock Island County residents pay $14,027 in County Automobile Renting Tax in August

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Rock Island County taxpayers paid $14,027 in County Automobile Renting Tax in August, according to Illinois tax records.

This figure marks a significant increase from the previous month, where County Automobile Renting Tax collection stood at $11,679.

Over the past 12 months, Rock Island County's residents have collectively paid a total of $119,718 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 Rock Island County Over Last 12 months
MonthAmount Collected% Change from Previous Month
August$14,02720.1
July$11,679-0.4
June$11,73010.6
May$10,61028
April$8,28611
March$7,4650.4
February$7,434-14.1
January$8,6513.3
December 2022$8,373-14.6
November 2022$9,8080.3
October 2022$9,776-17.7
September 2022$11,879-1.4

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