Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $295,312.
Over the past 12 months, Woodford County's residents have collectively paid a total of $3.2 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $288,781 | -2.2 |
| June | $295,312 | 11.4 |
| May | $265,053 | 0.3 |
| April | $264,256 | 15.2 |
| March | $229,354 | 1.5 |
| February | $226,050 | -23.3 |
| January | $294,647 | 5 |
| December 2022 | $280,719 | -0.5 |
| November 2022 | $282,223 | 7.2 |
| October 2022 | $263,186 | -1.1 |
| September 2022 | $266,177 | 2.6 |
| August 2022 | $259,516 | -9.5 |
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