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Peoria Standard

Tuesday, April 30, 2024

Tazewell County taxpayers give $915,102 in Special County Retailers Occupation Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Tazewell County taxpayers paid $915,102 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $839,468.

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
January$915,1029
December 2023$839,4682.9
November 2023$815,7430.4
October 2023$812,684-6.6
September 2023$869,6609.7
August 2023$792,837-7.1
July 2023$853,023-5.2
June 2023$899,93912.4
May 2023$800,679-2.5
April 2023$821,00315.9
March 2023$708,3376.8
February 2023$663,217-28.6

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