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Saturday, June 21, 2025

Illinois's miscellaneous tax revenues up 11.6% in Q4 2023

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David Harris Commissioner of Revenue at Illinois Department of Revenue | Illinois Department of Revenue

David Harris Commissioner of Revenue at Illinois Department of Revenue | Illinois Department of Revenue

Illinois collected $211 million in miscellaneous tax revenue during the fourth quarter of 2023, an 11.6% increase over the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $189 million in the previous quarter.

Net sales reflect companies' total revenue stream, minus the costs of discounts, allowances and product returns.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q4 2023 Illinois Tax Collections

Type of TaxAmount (millions)
Property Taxes$19
Sales and Gross Receipts Taxes$6,866
Income Taxes$6,645
License Taxes$809
Miscellaneous Taxes$211

Source: U.S. Census Bureau

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