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Sunday, November 24, 2024

$16,003 in Special County Retailers Occupation Tax collected in May for Gallatin County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $16,003 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $17,191.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $211,958 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
May$16,003-6.9
April$17,19119.6
March$14,369-4.9
February$15,107-23.4
January$19,712-1.3
December 2022$19,9701.7
November 2022$19,642-6.2
October 2022$20,94236.9
September 2022$15,294-9.2
August 2022$16,837-7.5
July 2022$18,205-2.6
June 2022$18,68618.5

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