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Galesburg Reporter

Friday, May 17, 2024

Henderson County residents pay $20,929 in Special County Retailers Occupation Tax in February

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Henderson County taxpayers paid $20,929 in Special County Retailers Occupation Tax in February, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Special County Retailers Occupation Tax collection stood at $23,922.

Over the past 12 months, Henderson County's residents have collectively paid a total of $259,253 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 Henderson County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$20,929-12.5
January$23,9227.1
December 2023$22,3371.7
November 2023$21,955-1.9
October 2023$22,37911.8
September 2023$20,017-4.4
August 2023$20,935-7
July 2023$22,5085.6
June 2023$21,307-9.2
May 2023$23,4648.1
April 2023$21,71022
March 2023$17,790-8.9

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