Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $518,378.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| September | $596,735 | 15.1 |
| August | $518,378 | -2.3 |
| July | $530,782 | -7.1 |
| June | $571,201 | 6.2 |
| May | $538,028 | 3.3 |
| April | $521,009 | 8.3 |
| March | $481,196 | 1.2 |
| February | $475,623 | -21.7 |
| January | $607,575 | 6.3 |
| December 2022 | $571,740 | 0.8 |
| November 2022 | $567,026 | 1.1 |
| October 2022 | $560,613 | -2.6 |
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