Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $110,128.
Over the past 12 months, Fulton County's residents have collectively paid a total of $1.4 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 | $116,340 | 5.6 |
| June | $110,128 | -19.9 |
| May | $137,460 | 16.8 |
| April | $117,686 | 28.2 |
| March | $91,808 | -15 |
| February | $108,045 | -24.7 |
| January | $143,420 | 19 |
| December 2023 | $120,522 | 3.2 |
| November 2023 | $116,755 | -1.1 |
| October 2023 | $118,097 | 1.6 |
| September 2023 | $116,204 | 3.5 |
| August 2023 | $112,245 | -3.4 |
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