Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Special County Retailers Occupation Tax collection stood at approximately $2.9 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 Knox County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $2,979,344 | 3.2% |
| 2023 | $2,887,195 | 1% |
| 2022 | $2,859,983 | 5.5% |
| 2021 | $2,710,494 | 24.3% |
| 2020 | $2,180,900 | 9.6% |
| 2019 | $1,989,171 | -9.5% |
| 2018 | $2,198,810 | - |
ORGANIZATIONS IN THIS STORY
Illinois Department of Revenue• Village of Yates City• Village of St. Augustine• Village of Altona• City of Abingdon• Gilson• Village of Wataga• Village of Rio• City of Oneida• City of Galesburg• Village of Henderson• Village of Victoria• Village of Maquon• City of Knoxville• Oak Run• Village Of Williamsfield
!RECEIVE ALERTS
The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
DONATE
Help support the Metric Media Foundation's mission to restore community based news.
Alerts Sign-up