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Sunday, November 24, 2024

$46,787 in Special County Retailers Occupation Tax collected in August for Hamilton County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Hamilton County taxpayers paid $46,787 in Special County Retailers Occupation Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $52,100.

Over the past 12 months, Hamilton County's residents have collectively paid a total of $587,605 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
August$46,787-10.2
July$52,10010.1
June$47,3161.1
May$46,782-2.7
April$48,07214.2
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

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