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Sunday, December 22, 2024

Schuyler County collects $34,764 in Special County Retailers Occupation Tax in February

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Schuyler County taxpayers paid $34,764 in Special County Retailers Occupation Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $41,946.

Over the past 12 months, Schuyler County's residents have collectively paid a total of $463,794 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
February$34,764-17.1
January$41,946-0.6
December 2023$42,204-0.1
November 2023$42,2591.3
October 2023$41,72315.1
September 2023$36,2450.1
August 2023$36,218-6.1
July 2023$38,561-5.2
June 2023$40,6554.2
May 2023$38,9993.6
April 2023$37,65515.6
March 2023$32,565-0.6

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