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Peoria Standard

Wednesday, January 22, 2025

Fulton County residents pay $121,368 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

Fulton County taxpayers paid $121,368 in Special County Retailers Occupation Tax in October 2024, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $118,505.

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.

Special County Retailers Occupation Tax Collected in Fulton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$121,3682.4
September 2024$118,5052.7
August 2024$115,406-0.8
July 2024$116,3405.6
June 2024$110,128-19.9
May 2024$137,46016.8
April 2024$117,68628.2
March 2024$91,808-15
February 2024$108,045-24.7
January 2024$143,42019
December 2023$120,5223.2
November 2023$116,755-1.1

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