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 $49,948.
Over the past 12 months, Hamilton County's residents have collectively paid a total of $598,151 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 |
|---|---|---|
| July | $50,711 | 1.5 |
| June | $49,948 | 1.3 |
| May | $49,303 | -0.7 |
| April | $49,648 | 9.7 |
| March | $45,245 | -5.6 |
| February | $47,913 | -9 |
| January | $52,632 | 0.2 |
| December 2023 | $52,501 | 7.9 |
| November 2023 | $48,658 | -13.4 |
| October 2023 | $56,158 | 15.4 |
| September 2023 | $48,647 | 4 |
| August 2023 | $46,787 | -10.2 |
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