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Wednesday, December 25, 2024

$481,196 in Special County Retailers Occupation Tax collected in March for Champaign County

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Champaign County taxpayers paid $481,196 in Special County Retailers Occupation Tax in March, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $475,623.

Over the past 12 months, Champaign County's residents have collectively paid a total of $6.5 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 Champaign County Over Last 12 months
MonthAmount Collected% Change from Previous Month
March$481,1961.2
February$475,623-21.7
January$607,5756.3
December 2022$571,7400.8
November 2022$567,0261.1
October 2022$560,613-2.6
September 2022$575,60811.2
August 2022$517,604-5.2
July 2022$545,987-3.1
June 2022$563,2104.2
May 2022$540,6020.5
April 2022$538,10928.5

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