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Thursday, November 14, 2024

Franklin County collects $278,275 in Special County Retailers Occupation Tax in April

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Franklin County taxpayers paid $278,275 in Special County Retailers Occupation Tax in April, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $224,902.

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.

Special County Retailers Occupation Tax Collected in Franklin County Over Last 12 months
MonthAmount Collected% Change from Previous Month
April$278,27523.7
March$224,9021.7
February$221,074-21.9
January$283,23213.3
December 2023$250,079-6.6
November 2023$267,7841.9
October 2023$262,8920
September 2023$262,9892
August 2023$257,921-7.8
July 2023$279,689-1
June 2023$282,5218
May 2023$261,679-5.4

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