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East Central Reporter

Sunday, November 17, 2024

Clay County residents pay $58,162 in Special County Retailers Occupation Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Clay County taxpayers paid $58,162 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $60,328.

Over the past 12 months, Clay County's residents have collectively paid a total of $705,746 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
May$58,162-3.6
April$60,32818.1
March$51,071-13.3
February$58,907-6.8
January$63,2230.9
December 2023$62,678-3.2
November 2023$64,72524.6
October 2023$51,928-10.4
September 2023$57,9522.8
August 2023$56,399-6.2
July 2023$60,141-0.2
June 2023$60,232-4.5

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