Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $200,097.
Over the past 12 months, Boone County's residents have collectively paid a total of $2.4 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 |
|---|---|---|
| September | $254,984 | 27.4 |
| August | $200,097 | -8.5 |
| July | $218,590 | -1.1 |
| June | $221,113 | 13.3 |
| May | $195,120 | 16.2 |
| April | $167,894 | 16.8 |
| March | $143,753 | -6 |
| 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 |
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