Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $162,451.
Over the past 12 months, McDonough County's residents have collectively paid a total of $2.2 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 |
|---|---|---|
| April | $181,306 | 11.6 |
| March | $162,451 | -5.7 |
| February | $172,342 | -14.7 |
| January | $201,962 | 10.3 |
| December 2023 | $183,025 | -2.1 |
| November 2023 | $187,006 | -2.9 |
| October 2023 | $192,598 | 2.8 |
| September 2023 | $187,328 | 10.5 |
| August 2023 | $169,596 | -5.6 |
| July 2023 | $179,684 | -4.1 |
| June 2023 | $187,445 | 5 |
| May 2023 | $178,460 | -0.3 |
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