Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $269,300.
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 |
|---|---|---|
| August | $267,206 | -0.8 |
| July | $269,300 | -4.6 |
| June | $282,160 | 4.9 |
| May | $268,938 | -3.4 |
| April | $278,275 | 23.7 |
| March | $224,902 | 1.7 |
| February | $221,074 | -21.9 |
| January | $283,232 | 13.3 |
| December 2023 | $250,079 | -6.6 |
| November 2023 | $267,784 | 1.9 |
| October 2023 | $262,892 | 0 |
| September 2023 | $262,989 | 2 |
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