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East Central Reporter

Friday, November 22, 2024

$75,822 in Special County Retailers Occupation Tax collected in October for Richland County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Richland County taxpayers paid $75,822 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $78,622.

Over the past 12 months, Richland County's residents have collectively paid a total of $913,739 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
October$75,822-3.6
September$78,6229.6
August$71,743-7.2
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

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