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 approximately $1.1 million.
Over the past 12 months, Peoria County's residents have collectively paid a total of $11.4 million in Special County Retailers Occupation Tax.
The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.
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 | $903,307 | -21.4% |
| January | $1,148,760 | 20.7% |
| December 2024 | $952,119 | -2.1% |
| November 2024 | $972,810 | 3% |
| October 2024 | $944,218 | 1% |
| September 2024 | $934,532 | <-0.1% |
| August 2024 | $934,851 | -1.6% |
| July 2024 | $949,641 | -5.3% |
| June 2024 | $1,002,360 | 10.1% |
| May 2024 | $910,351 | -3% |
| April 2024 | $938,726 | 13.4% |
| March 2024 | $827,853 | 11.6% |
| February 2024 | $741,500 | - |
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