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Monday, November 25, 2024

Logan County residents pay $300,771 in Special County Retailers Occupation Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Logan County taxpayers paid $300,771 in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $221,416.

Over the past 12 months, Logan County's residents have collectively paid a total of $2.6 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 Logan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$300,77135.8
December 2022$221,4164.2
November 2022$212,5750.9
October 2022$210,667-0.3
September 2022$211,343-1.6
August 2022$214,833-6.1
July 2022$228,677-0.4
June 2022$229,6309.3
May 2022$210,028-5.5
April 2022$222,1359.8
March 2022$202,27810.1
February 2022$183,651-20.5

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