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East Central Reporter

Friday, November 22, 2024

Richland County residents pay $77,269 in Special County Retailers Occupation Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Richland County taxpayers paid $77,269 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $85,525.

Over the past 12 months, Richland County's residents have collectively paid a total of $927,897 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 Richland County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$77,269-9.7
June$85,52520.9
May$70,735-6.4
April$75,60417.4
March$64,4265.1
February$61,322-30
January$87,6538.8
December 2022$80,597-4.5
November 2022$84,42112.7
October 2022$74,916-0.7
September 2022$75,428-16.2
August 2022$90,0012.7

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