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Thursday, November 21, 2024

Iroquois County taxpayers give $55,582 in Special County Retailers Occupation Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Iroquois County taxpayers paid $55,582 in Special County Retailers Occupation Tax in June, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $53,523.

Over the past 12 months, Iroquois County's residents have collectively paid a total of $622,191 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
June$55,5823.8
May$53,5232.3
April$52,32616.5
March$44,928-20.3
February$56,3738.5
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

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