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Monday, November 25, 2024

Iroquois County collects $41,561 in Special County Retailers Occupation Tax in March

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Iroquois County taxpayers paid $41,561 in Special County Retailers Occupation Tax in March, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $44,089.

Over the past 12 months, Iroquois County's residents have collectively paid a total of $615,720 in Special County Retailers Occupation Tax.

The Special County Retailers Occupation 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.

Special County Retailers Occupation Tax Collected in Iroquois County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$41,561-5.7
February$44,089-26.8
January$60,22312.6
December 2022$53,488-0.8
November 2022$53,9270.5
October 2022$53,6777.5
September 2022$49,935-1.9
August 2022$50,914-6.2
July 2022$54,292-3.1
June 2022$56,04917
May 2022$47,924-3.5
April 2022$49,64126.7

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