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Saturday, November 23, 2024

$51,964 in Special County Retailers Occupation Tax collected in January for Iroquois County

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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 $51,964 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $52,945.

Over the past 12 months, Iroquois County's residents have collectively paid a total of $597,869 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
January$51,964-1.9
December 2023$52,945-2.2
November 2023$54,1378.4
October 2023$49,934-4.1
September 2023$52,0508
August 2023$48,202-4
July 2023$50,227-3.8
June 2023$52,2004.3
May 2023$50,065-0.9
April 2023$50,49521.5
March 2023$41,561-5.7
February 2023$44,089-26.8

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