Quantcast

Chambana Sun

Thursday, May 1, 2025

Champaign County collects approximately $6.5 million in Special County Retailers Occupation Tax in 2023

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Champaign County taxpayers paid approximately $6.5 million in Special County Retailers Occupation Tax in 2023, according to Illinois tax records.

This figure marks a noticeable increase over the previous year, when Special County Retailers Occupation Tax collection stood just over $6.4 million.

The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.

As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 39.83% higher than 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 6 Years
YearAmount Collected% Change from Previous Year
2023$6,527,9641.6%
2022$6,423,3869.4%
2021$5,872,53632.5%
2020$4,430,610-0.6%
2019$4,455,293-9%
2018$4,894,772-

MORE NEWS