Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $252,086.
Over the past 12 months, Boone 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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| February | $211,450 | -16.1 |
| January | $252,086 | -3.2 |
| December 2023 | $260,534 | 3.4 |
| November 2023 | $251,940 | 3.5 |
| October 2023 | $243,346 | -4.6 |
| September 2023 | $254,984 | 27.4 |
| August 2023 | $200,097 | -8.5 |
| July 2023 | $218,590 | -1.1 |
| June 2023 | $221,113 | 13.3 |
| May 2023 | $195,120 | 16.2 |
| April 2023 | $167,894 | 16.8 |
| March 2023 | $143,753 | -6 |
Alerts Sign-up