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Saturday, November 16, 2024

Jersey County residents pay $120,999 in Special County Retailers Occupation Tax in May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Jersey County taxpayers paid $120,999 in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a noticeable decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $123,732.

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
May$120,999-2.2
April$123,73218.7
March$104,249-10.8
February$116,815-15
January$137,4729.9
December 2023$125,047-2.1
November 2023$127,6741.3
October 2023$125,9872.1
September 2023$123,386-2.5
August 2023$126,545-0.1
July 2023$126,678-4.2
June 2023$132,2357.7

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