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East Central Reporter

Friday, November 15, 2024

Edgar County taxpayers give $134,663 in Special County Retailers Occupation Tax in January

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Edgar County taxpayers paid $134,663 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $126,792.

Over the past 12 months, Edgar County's residents have collectively paid a total of $1.5 million 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 Edgar County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$134,6636.2
December 2022$126,792-8.6
November 2022$138,6727.4
October 2022$129,0784.7
September 2022$123,2722.2
August 2022$120,637-8
July 2022$131,1440
June 2022$131,19413.5
May 2022$115,576-2.3
April 2022$118,34128.8
March 2022$91,863-2.8
February 2022$94,481-23.9

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