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Peoria Standard

Tuesday, April 29, 2025

Woodford County residents pay $295,646 in Special County Retailers Occupation Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Woodford County taxpayers paid $295,646 in Special County Retailers Occupation Tax in February, according to Illinois tax records.

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.

Special County Retailers Occupation Tax Collected in Woodford County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$295,646-9.3%
January$326,07810%
December 2024$296,4372.9%
November 2024$288,023-4.2%
October 2024$300,6241.8%
September 2024$295,3255.3%
August 2024$280,371-4.8%
July 2024$294,389-3.3%
June 2024$304,5358.3%
May 2024$281,2042.5%
April 2024$274,43212.4%
March 2024$244,0905.7%
February 2024$230,975-

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