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Saturday, May 4, 2024

Gallatin County residents pay $20,978 in Special County Retailers Occupation Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $20,978 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $19,060.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $201,303 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.

Special County Retailers Occupation Tax Collected in Gallatin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$20,97810.1
December 2023$19,0604.8
November 2023$18,1800.8
October 2023$18,03020.5
September 2023$14,9641.6
August 2023$14,733-13.4
July 2023$17,0108.5
June 2023$15,678-2
May 2023$16,003-6.9
April 2023$17,19119.6
March 2023$14,369-4.9
February 2023$15,107-23.4

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