Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $280,371.
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 |
---|---|---|
September | $295,325 | 5.3 |
August | $280,371 | -4.8 |
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 |