Quantcast

West Central Reporter

Saturday, November 23, 2024

Pike County collects $59,740 in Special County Retailers Occupation Tax in October

Webp david harris 1

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers paid $59,740 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $59,131.

Over the past 12 months, Pike County's residents have collectively paid a total of $691,375 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 Pike County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$59,7401
September$59,1310.9
August$58,584-3
July$60,3760.3
June$60,2227.2
May$56,1983
April$54,58621.6
March$44,873-4.3
February$46,901-28.8
January$65,9006.8
December 2022$61,692-2.3
November 2022$63,1728.3

MORE NEWS