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Wednesday, January 22, 2025

Boone County collects $216,684 in Special County Retailers Occupation Tax in October 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Boone County taxpayers paid $216,684 in Special County Retailers Occupation Tax in October 2024, according to Illinois tax records.

This figure marks a noticeable increase from the previous month, where Special County Retailers Occupation Tax collection stood at $212,421.

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.

Special County Retailers Occupation Tax Collected in Boone County Over Last 12 months
MonthAmount Collected% Change from Previous Month
October 2024$216,6842
September 2024$212,4215.3
August 2024$201,6352.7
July 2024$196,304-15.3
June 2024$231,83928.6
May 2024$180,3040.1
April 2024$180,09613.2
March 2024$159,115-24.8
February 2024$211,450-16.1
January 2024$252,086-3.2
December 2023$260,5343.4
November 2023$251,9403.5

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