Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, when Special County Retailers Occupation Tax collection stood at $326,078.
Over the past 12 months, Woodford County's residents have collectively paid a total of $3.5 million in Special County Retailers Occupation Tax.
The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February | $295,646 | -9.3% |
January | $326,078 | 10% |
December 2024 | $296,437 | 2.9% |
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 | - |