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Sunday, May 5, 2024

Jersey County taxpayers give $125,987 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

Jersey County taxpayers paid $125,987 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 $123,386.

Over the past 12 months, Jersey County's residents have collectively paid a total of $1.5 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 Jersey County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October$125,9872.1
September$123,386-2.5
August$126,545-0.1
July$126,678-4.2
June$132,2357.7
May$122,7243
April$119,12015.9
March$102,8051
February$101,817-26.7
January$138,97512.4
December 2022$123,677-7
November 2022$133,0323.4

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