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Saturday, November 23, 2024

Pike County collects $57,868 in Special County Retailers Occupation Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers paid $57,868 in Special County Retailers Occupation Tax in August, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $59,397.

Over the past 12 months, Pike County's residents have collectively paid a total of $696,316 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
August$57,868-2.6
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

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