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 $192,914.
Over the past 12 months, Boone County's residents have collectively paid a total of $2.3 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 | $152,982 | -20.7 |
| January | $192,914 | -2.8 |
| December 2022 | $198,464 | -5.5 |
| November 2022 | $210,081 | 2.5 |
| October 2022 | $204,887 | -0.9 |
| September 2022 | $206,656 | -0.4 |
| August 2022 | $207,444 | -3.4 |
| July 2022 | $214,748 | 1.8 |
| June 2022 | $210,964 | 14.2 |
| May 2022 | $184,659 | 6 |
| April 2022 | $174,166 | 21.9 |
| March 2022 | $142,919 | -4.9 |
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