Quantcast

Peoria Standard

Tuesday, November 5, 2024

Stark County collects $31,735 in Special County Retailers Occupation Tax in May

Webp david harris 1

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stark County taxpayers paid $31,735 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $32,001.

Over the past 12 months, Stark County's residents have collectively paid a total of $421,939 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 Stark County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$31,735-0.8
April$32,0018.4
March$29,526-26.3
February$40,0396.9
January$37,4391.6
December 2023$36,839-23.1
November 2023$47,88346
October 2023$32,798-17.7
September 2023$39,84811.3
August 2023$35,81325.1
July 2023$28,637-2.5
June 2023$29,381-3

MORE NEWS