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Thursday, November 21, 2024

Carroll County residents pay $26,460 in Special County Retailers Occupation Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Carroll County taxpayers paid $26,460 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $25,897.

Over the past 12 months, Carroll County's residents have collectively paid a total of $299,430 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 Carroll County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$26,4602.2
June$25,8975.7
May$24,51213
April$21,6905.8
March$20,5084.7
February$19,585-24.3
January$25,869-7.7
December 2023$28,019-0.6
November 2023$28,1788
October 2023$26,0790.5
September 2023$25,944-2.8
August 2023$26,689-2

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