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Wednesday, November 13, 2024

Stephenson County collects $233,693 in Special County Retailers Occupation Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stephenson County taxpayers paid $233,693 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $231,528.

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.

Special County Retailers Occupation Tax Collected in Stephenson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$233,6930.9
December 2023$231,528-0.7
November 2023$233,26111.9
October 2023$208,402-2.9
September 2023$214,7094.5
August 2023$205,392-8.1
July 2023$223,375-1.5
June 2023$226,8129.9
May 2023$206,371-2.7
April 2023$212,17713.1
March 2023$187,6064.5
February 2023$179,536-23.7

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