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Saturday, November 23, 2024

Moultrie County residents pay $93,098 in Special County Retailers Occupation Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Moultrie County taxpayers paid $93,098 in Special County Retailers Occupation Tax in July, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $86,069.

Over the past 12 months, Moultrie County's residents have collectively paid a total of $1 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 Moultrie County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$93,0988.2
June$86,069-2.5
May$88,2666.5
April$82,85218.1
March$70,128-4.5
February$73,418-16.3
January$87,696-8.8
December 2022$96,120-13.1
November 2022$110,62917.3
October 2022$94,35010.9
September 2022$85,1115.4
August 2022$80,767-17.9

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