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Illinois Valley Times

Monday, November 4, 2024

Bureau County residents pay $267,821 in Special County Retailers Occupation Tax in July

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Bureau County taxpayers paid $267,821 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $286,428.

Over the past 12 months, Bureau County's residents have collectively paid a total of $3.1 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 Bureau County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$267,821-6.5
June$286,42811.1
May$257,8624.8
April$245,93714.3
March$215,149-11.7
February$243,582-12.2
January$277,5440.1
December 2023$277,138-2.2
November 2023$283,33911
October 2023$255,326-2.7
September 2023$262,3115.2
August 2023$249,422-6.2

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