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Saturday, November 23, 2024

Wayne County residents pay $80,490 in Special County Retailers Occupation Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wayne County taxpayers paid $80,490 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $111,297.

Over the past 12 months, Wayne County's residents have collectively paid a total of $1.3 million 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 Wayne County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$80,490-27.7
September$111,29710.1
August$101,110-8.2
July$110,097-2.7
June$113,168-3.1
May$116,7808.3
April$107,83917.7
March$91,5911.6
February$90,150-24.1
January$118,7941.8
December 2022$116,651-4.4
November 2022$122,0571.8

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