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Saturday, November 23, 2024

Schuyler County collects $41,723 in Special County Retailers Occupation Tax in October

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Schuyler County taxpayers paid $41,723 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $36,245.

Over the past 12 months, Schuyler County's residents have collectively paid a total of $335,369 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 Schuyler County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$41,72315.1
September$36,2450.1
August$36,218-6.1
July$38,561-5.2
June$40,6554.2
May$38,9993.6
April$37,65515.6
March$32,565-0.6
February$32,748-
January$0-
December 2022$0-
November 2022$0-

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