Quantcast

East Central Reporter

Tuesday, November 5, 2024

$118,980 in Special County Retailers Occupation Tax collected in July for Edgar County

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Edgar County taxpayers paid $118,980 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 $131,295.

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$118,980-9.4
June$131,2956.5
May$123,318-1.3
April$124,93718.9
March$105,0350.3
February$104,688-20.9
January$132,3563.1
December 2023$128,342-3.1
November 2023$132,4236.1
October 2023$124,848-1.8
September 2023$127,0724.4
August 2023$121,730-0.8

MORE NEWS