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Thursday, November 21, 2024

Gallatin County taxpayers give $17,929 in Special County Retailers Occupation Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Gallatin County taxpayers paid $17,929 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 $17,445.

Over the past 12 months, Gallatin County's residents have collectively paid a total of $204,593 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
July$17,9292.8
June$17,44510.8
May$15,741-9.3
April$17,34616.7
March$14,863-3
February$15,324-27
January$20,97810.1
December 2023$19,0604.8
November 2023$18,1800.8
October 2023$18,03020.5
September 2023$14,9641.6
August 2023$14,733-13.4

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