Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $231,447.
Over the past 12 months, Knox County's residents have collectively paid a total of $2.9 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 |
|---|---|---|
| June | $259,024 | 11.9 |
| May | $231,447 | -6.6 |
| April | $247,851 | 16.8 |
| March | $212,113 | -15.9 |
| February | $252,178 | -6.8 |
| January | $270,676 | 13.2 |
| December 2023 | $239,092 | -1.9 |
| November 2023 | $243,697 | 1.6 |
| October 2023 | $239,858 | -2.2 |
| September 2023 | $245,247 | 4.8 |
| August 2023 | $234,120 | -7.8 |
| July 2023 | $254,010 | -1.1 |
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