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 $304,535.
Over the past 12 months, Woodford County's residents have collectively paid a total of $3.4 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 | $294,389 | -3.3 |
| June | $304,535 | 8.3 |
| May | $281,204 | 2.5 |
| April | $274,432 | 12.4 |
| March | $244,090 | 5.7 |
| February | $230,975 | -21.5 |
| January | $294,314 | -3.9 |
| December 2023 | $306,274 | 5.6 |
| November 2023 | $290,047 | 8.8 |
| October 2023 | $266,709 | -13.1 |
| September 2023 | $306,862 | 11.5 |
| August 2023 | $275,164 | -4.7 |
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