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Monday, December 23, 2024

Hamilton County residents pay $42,100 in Special County Retailers Occupation Tax in March

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hamilton County taxpayers paid $42,100 in Special County Retailers Occupation Tax in March, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $44,307.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $601,296 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 Hamilton County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$42,100-5
February$44,307-18.7
January$54,4827.1
December 2022$50,891-0.1
November 2022$50,961-5.3
October 2022$53,8007.6
September 2022$50,0070.8
August 2022$49,626-14.6
July 2022$58,11716.2
June 2022$50,0332
May 2022$49,0362.3
April 2022$47,93618.3

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