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Sunday, November 24, 2024

Jefferson County residents pay $285,887 in Special County Retailers Occupation Tax in May

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Jefferson County taxpayers paid $285,887 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $296,042.

Over the past 12 months, Jefferson County's residents have collectively paid a total of $3.4 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 Jefferson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$285,887-3.4
April$296,04219
March$248,8395.8
February$235,296-26.6
January$320,56211.7
December 2022$286,8631.6
November 2022$282,393-0.3
October 2022$283,3565.3
September 2022$269,117-4.2
August 2022$280,975-11.9
July 2022$318,8379.4
June 2022$291,4324.7

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