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East Central Reporter

Saturday, November 23, 2024

$122,692 in Special County Retailers Occupation Tax collected in July for Edgar County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Edgar County taxpayers paid $122,692 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 $132,852.

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
July$122,692-7.6
June$132,8525.4
May$126,0292.3
April$123,14621.1
March$101,675-3.1
February$104,928-22.1
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

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