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Monday, November 25, 2024

Menard County residents pay $71,105 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

Menard County taxpayers paid $71,105 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 $65,557.

Over the past 12 months, Menard County's residents have collectively paid a total of $764,895 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 Menard County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$71,1058.5
December 2022$65,557-5.5
November 2022$69,3417.6
October 2022$64,4362.2
September 2022$63,0286.1
August 2022$59,379-7.9
July 2022$64,479-24.9
June 2022$85,81031
May 2022$65,4947.5
April 2022$60,93737.5
March 2022$44,306-13.2
February 2022$51,023-25.5

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