Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $276,605.
Over the past 12 months, Franklin County's residents have collectively paid a total of $3.1 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| May | $261,679 | -5.4 |
| April | $276,605 | 24.7 |
| March | $221,756 | 3.1 |
| February | $215,084 | -26.2 |
| January | $291,505 | 12.7 |
| December 2022 | $258,645 | 1.8 |
| November 2022 | $254,011 | -1.9 |
| October 2022 | $258,947 | 4.7 |
| September 2022 | $247,283 | -5.1 |
| August 2022 | $260,696 | -8.8 |
| July 2022 | $285,978 | -1.1 |
| June 2022 | $289,228 | 7.8 |
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