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 $231,839.
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 |
|---|---|---|
| July | $196,304 | -15.3 |
| June | $231,839 | 28.6 |
| May | $180,304 | 0.1 |
| April | $180,096 | 13.2 |
| March | $159,115 | -24.8 |
| 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 |
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