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NW Illinois News

Tuesday, November 26, 2024

Lee County residents pay $149,515 in Special County Retailers Occupation Tax in October

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Lee County taxpayers paid $149,515 in Special County Retailers Occupation Tax in October, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $146,082.

Over the past 12 months, Lee County's residents have collectively paid a total of $1.7 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 Lee County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$149,5152.4
September$146,0822.9
August$141,901-8.3
July$154,689-0.6
June$155,55014.1
May$136,3583.2
April$132,13425.1
March$105,652-7.9
February$114,706-20.1
January$143,5446.1
December 2022$135,292-3
November 2022$139,5401.4

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