Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a slightly increase over the previous year, when County Flood Protection Tax collection stood at approximately $7.5 million.
The County Flood Protection Tax, a crucial revenue stream, is primarily allocated for other taxing jurisdictions' 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.
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2023 | $7,494,720 | 0.2% |
| 2022 | $7,476,830 | 9.1% |
| 2021 | $6,851,340 | 32.6% |
| 2020 | $5,168,242 | 2.4% |
| 2019 | $5,047,572 | -9.3% |
| 2018 | $5,565,501 | - |
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