Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $214,709.
Over the past 12 months, Stephenson County's residents have collectively paid a total of $2.6 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 |
|---|---|---|
| October | $208,402 | -2.9 |
| September | $214,709 | 4.5 |
| August | $205,392 | -8.1 |
| July | $223,375 | -1.5 |
| June | $226,812 | 9.9 |
| May | $206,371 | -2.7 |
| April | $212,177 | 13.1 |
| March | $187,606 | 4.5 |
| February | $179,536 | -23.7 |
| January | $235,450 | 0.1 |
| December 2022 | $235,194 | 4.4 |
| November 2022 | $225,329 | 9.9 |
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