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Thursday, November 21, 2024

Lee County residents pay $161,057 in Special County Retailers Occupation Tax in June

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Lee County taxpayers paid $161,057 in Special County Retailers Occupation Tax in June, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $138,908.

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
June$161,05715.9
May$138,908-1.7
April$141,30016.8
March$121,0000.4
February$120,483-21
January$152,5326.4
December 2023$143,3571.5
November 2023$141,251-5.5
October 2023$149,5152.4
September 2023$146,0822.9
August 2023$141,901-8.3
July 2023$154,689-0.6

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