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Peoria Standard

Sunday, November 24, 2024

Tazewell County taxpayers give $853,023 in Special County Retailers Occupation Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Tazewell County taxpayers paid $853,023 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 $899,939.

Over the past 12 months, Tazewell County's residents have collectively paid a total of $9.8 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 Tazewell County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$853,023-5.2
June$899,93912.4
May$800,679-2.5
April$821,00315.9
March$708,3376.8
February$663,217-28.6
January$928,26911.1
December 2022$835,4350.8
November 2022$828,4851.7
October 2022$814,554-3.1
September 2022$840,5445.7
August 2022$795,323-6.4

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