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Thursday, November 21, 2024

$105,677 in Special County Retailers Occupation Tax collected in July for Wayne County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Wayne County taxpayers paid $105,677 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $102,604.

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
July$105,6773
June$102,604-4.6
May$107,552-3.6
April$111,56913.7
March$98,087-3.6
February$101,705-11
January$114,3093.2
December 2023$110,809-16.9
November 2023$133,27465.6
October 2023$80,490-27.7
September 2023$111,29710.1
August 2023$101,110-8.2

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