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Monday, December 23, 2024

Stephenson County collects $229,188 in Special County Retailers Occupation Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stephenson County taxpayers paid $229,188 in Special County Retailers Occupation Tax in June, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $229,103.

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
June$229,1880
May$229,10313
April$202,66315
March$176,174-7.2
February$189,856-18.8
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

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