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Saturday, November 23, 2024

Menard County collects $63,669 in Special County Retailers Occupation Tax in August

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Menard County taxpayers paid $63,669 in Special County Retailers Occupation Tax in August, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $69,908.

Over the past 12 months, Menard County's residents have collectively paid a total of $790,807 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
August$63,669-8.9
July$69,908-12.1
June$79,55216.4
May$68,3205.8
April$64,54919.9
March$53,8391.7
February$52,942-23.1
January$68,822-0.2
December 2023$68,9603.4
November 2023$66,671-0.3
October 2023$66,9000.3
September 2023$66,6752.5

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