Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $46,787.
Over the past 12 months, Hamilton County's residents have collectively paid a total of $586,245 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| September | $48,647 | 4 |
| August | $46,787 | -10.2 |
| July | $52,100 | 10.1 |
| June | $47,316 | 1.1 |
| May | $46,782 | -2.7 |
| April | $48,072 | 14.2 |
| March | $42,100 | -5 |
| February | $44,307 | -18.7 |
| January | $54,482 | 7.1 |
| December 2022 | $50,891 | -0.1 |
| November 2022 | $50,961 | -5.3 |
| October 2022 | $53,800 | 7.6 |
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