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Friday, November 22, 2024

$174,922 in Special County Retailers Occupation Tax collected in January for Union County

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Union County taxpayers paid $174,922 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $159,795.

Over the past 12 months, Union County's residents have collectively paid a total of $1.8 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 Union County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$174,9229.5
December 2022$159,7952.1
November 2022$156,566-10.8
October 2022$175,46418
September 2022$148,690-3.4
August 2022$153,876-4.3
July 2022$160,746-3.5
June 2022$166,6539.9
May 2022$151,601-2
April 2022$154,70428.6
March 2022$120,257-3.4
February 2022$124,478-25.8

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