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Saturday, May 4, 2024

Tazewell County taxpayers give $812,684 in Special County Retailers Occupation Tax in October

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Tazewell County taxpayers paid $812,684 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $869,660.

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
October$812,684-6.6
September$869,6609.7
August$792,837-7.1
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

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