Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $159,316.
Over the past 12 months, Vermilion County's residents have collectively paid a total of $1.9 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 |
|---|---|---|
| November 2023 | $160,105 | 0.5 |
| October 2023 | $159,316 | -1.2 |
| September 2023 | $161,187 | 3.2 |
| August 2023 | $156,244 | -4.5 |
| July 2023 | $163,590 | -5.5 |
| June 2023 | $173,104 | 11.6 |
| May 2023 | $155,049 | -5.6 |
| April 2023 | $164,291 | 17.4 |
| March 2023 | $139,906 | -0.7 |
| February 2023 | $140,934 | -21.4 |
| January 2023 | $179,400 | 8.6 |
| December 2022 | $165,232 | 3.3 |
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