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East Central Reporter

Thursday, November 21, 2024

$74,604 in Special County Retailers Occupation Tax collected in May 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 $74,604 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $79,756.

Over the past 12 months, Richland County's residents have collectively paid a total of $923,705 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
May$74,604-6.5
April$79,75627.7
March$62,477-13.6
February$72,351-12.2
January$82,3696.5
December 2023$77,350-9.9
November 2023$85,81713.2
October 2023$75,822-3.6
September 2023$78,6229.6
August 2023$71,743-7.2
July 2023$77,269-9.7
June 2023$85,52520.9

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