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Peoria Standard

Tuesday, January 21, 2025

Tazewell County taxpayers give $837,941 in Special County Retailers Occupation Tax in October 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Tazewell County taxpayers paid $837,941 in Special County Retailers Occupation Tax in October 2024, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $895,741.

Over the past 12 months, Tazewell County's residents have collectively paid a total of $10.1 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
October 2024$837,941-6.5
September 2024$895,7417.1
August 2024$836,182-2
July 2024$853,416-7.6
June 2024$923,44412.6
May 2024$820,344-6.1
April 2024$873,70218.9
March 2024$734,697-3.5
February 2024$761,413-16.8
January 2024$915,1029
December 2023$839,4682.9
November 2023$815,7430.4

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