Quantcast

Sangamon Sun

Sunday, December 22, 2024

Logan County collects $226,161 in Special County Retailers Occupation Tax in August

Webp david harris 4

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Logan County taxpayers paid $226,161 in Special County Retailers Occupation Tax in August, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $224,887.

Over the past 12 months, Logan County's residents have collectively paid a total of $2.7 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
August$226,1610.6
July$224,887-6.4
June$240,2447.4
May$223,681-4.6
April$234,44221.7
March$192,565-3
February$198,456-17.8
January$241,2906
December 2023$227,7086.4
November 2023$214,005-0.9
October 2023$215,945-4.4
September 2023$225,7851.1

MORE NEWS