Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $262,989.
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 |
|---|---|---|
| October | $262,892 | 0 |
| September | $262,989 | 2 |
| August | $257,921 | -7.8 |
| July | $279,689 | -1 |
| June | $282,521 | 8 |
| 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 |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
DONATE
Alerts Sign-up