Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $300,624.
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 |
|---|---|---|
| November 2024 | $288,023 | -4.2 |
| October 2024 | $300,624 | 1.8 |
| September 2024 | $295,325 | 5.3 |
| August 2024 | $280,371 | -4.8 |
| July 2024 | $294,389 | -3.3 |
| June 2024 | $304,535 | 8.3 |
| May 2024 | $281,204 | 2.5 |
| April 2024 | $274,432 | 12.4 |
| March 2024 | $244,090 | 5.7 |
| February 2024 | $230,975 | -21.5 |
| January 2024 | $294,314 | -3.9 |
| December 2023 | $306,274 | 5.6 |
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