Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Special County Retailers Occupation Tax collection stood just under $2.2 million.
The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Special County Retailers Occupation Tax Collected in McDonough County Over Last 7 Years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2024 | $2,215,627 | 2.9% |
2023 | $2,154,113 | 3.4% |
2022 | $2,083,435 | 12.8% |
2021 | $1,847,481 | 29.1% |
2020 | $1,431,564 | 3.1% |
2019 | $1,388,707 | -9.3% |
2018 | $1,531,203 | - |