Quantcast

West Central Reporter

Thursday, November 21, 2024

Pike County collects $59,397 in Special County Retailers Occupation Tax in July

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Pike County taxpayers paid $59,397 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $60,125.

Over the past 12 months, Pike County's residents have collectively paid a total of $697,032 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
July$59,397-1.2
June$60,1254.9
May$57,3422.4
April$55,98914.3
March$49,000-7.6
February$53,019-14.6
January$62,072-2.4
December 2023$63,5947.7
November 2023$59,039-1.2
October 2023$59,7401
September 2023$59,1310.9
August 2023$58,584-3

MORE NEWS