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Monday, May 12, 2025

Woodford County residents pay approximately $3.3 million in Special County Retailers Occupation Tax in 2023

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Woodford County taxpayers paid approximately $3.3 million in Special County Retailers Occupation Tax in 2023, according to Illinois tax records.

This figure marks a significant increase over the previous year, when Special County Retailers Occupation Tax collection stood at approximately $3.1 million.

The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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 Woodford County Over Last 6 Years
YearAmount Collected% Change from Previous Year
2023$3,308,5096.4%
2022$3,108,39314.3%
2021$2,718,60042%
2020$1,914,64710.1%
2019$1,739,129-11.6%
2018$1,968,336-

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