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Friday, November 22, 2024

Union County taxpayers give $139,002 in Special County Retailers Occupation Tax in February

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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 $139,002 in Special County Retailers Occupation Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $171,525.

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
February$139,002-19
January$171,5257.7
December 2023$159,2842.5
November 2023$155,4570.9
October 2023$154,1360.6
September 2023$153,153-1.5
August 2023$155,551-4.7
July 2023$163,2581.8
June 2023$160,4384.5
May 2023$153,4580.6
April 2023$152,58818
March 2023$129,345-1.7

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