Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous year, when Special County Retailers Occupation Tax collection stood just over $2.5 million.
The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Special County Retailers Occupation Tax Collected in Boone County Over Last 7 Years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2024 | $2,473,007 | -1.2% |
2023 | $2,503,268 | 8.7% |
2022 | $2,303,723 | 16.9% |
2021 | $1,970,874 | 37.4% |
2020 | $1,434,658 | 3.9% |
2019 | $1,380,184 | -10.1% |
2018 | $1,535,161 | - |