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Saturday, April 27, 2024

Clay County residents pay $51,928 in Special County Retailers Occupation Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Clay County taxpayers paid $51,928 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $57,952.

Over the past 12 months, Clay County's residents have collectively paid a total of $709,432 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 Clay County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$51,928-10.4
September$57,9522.8
August$56,399-6.2
July$60,141-0.2
June$60,232-4.5
May$63,0524
April$60,65020.9
March$50,171-4.6
February$52,593-20.9
January$66,5005.8
December 2022$62,871-6.1
November 2022$66,9436.4

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