Quantcast

Rockford Sun

Monday, November 25, 2024

Winnebago County taxpayers give $4.9 million in Special County Retailers Occupation Tax in December 2023

Webp david harris 1

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Winnebago County taxpayers paid $4.9 million in Special County Retailers Occupation Tax in December 2023, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $4.6 million.

Over the past 12 months, Winnebago County's residents have collectively paid a total of $56.3 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.

Special County Retailers Occupation Tax Collected in Winnebago County Over Last 12 months
MonthAmount Collected% Change from Previous Month
December 2023$4,876,8205.3
November 2023$4,632,930-2.5
October 2023$4,751,540-5.2
September 2023$5,011,6005.9
August 2023$4,732,490-6.6
July 2023$5,067,0501
June 2023$5,018,15010
May 2023$4,561,8702.5
April 2023$4,451,05014.6
March 2023$3,885,3300.5
February 2023$3,864,580-28.7
January 2023$5,421,48013

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS