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Sunday, November 24, 2024

Stephenson County collects $179,536 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

Stephenson County taxpayers paid $179,536 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 $235,450.

Over the past 12 months, Stephenson County's residents have collectively paid a total of $2.5 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.

Special County Retailers Occupation Tax Collected in Stephenson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$179,536-23.7
January$235,4500.1
December 2022$235,1944.4
November 2022$225,3299.9
October 2022$205,0341.3
September 2022$202,4950.8
August 2022$200,837-10.2
July 2022$223,6243.4
June 2022$216,1848.4
May 2022$199,366-3.6
April 2022$206,72622
March 2022$169,4240.4

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