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Thursday, November 21, 2024

Union County taxpayers give $160,471 in Special County Retailers Occupation Tax in July

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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 $160,471 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $167,877.

Over the past 12 months, Union County's residents have collectively paid a total of $1.9 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
July$160,471-4.4
June$167,8774.7
May$160,392-4.5
April$168,02615.2
March$145,9085
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

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