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Thursday, November 21, 2024

Champaign County collects $573,521 in Special County Retailers Occupation Tax in June

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Champaign County taxpayers paid $573,521 in Special County Retailers Occupation Tax in June, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $559,409.

Over the past 12 months, Champaign County's residents have collectively paid a total of $6.6 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
June$573,5212.5
May$559,4092
April$548,67110.6
March$496,0340
February$495,941-17.9
January$604,3626.6
December 2023$566,6882.1
November 2023$554,814-2
October 2023$565,934-5.2
September 2023$596,73515.1
August 2023$518,378-2.3
July 2023$530,782-7.1

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