Quantcast

Sangamon Sun

Monday, May 20, 2024

Logan County collects $198,456 in Special County Retailers Occupation Tax in February

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Logan County taxpayers paid $198,456 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 $241,290.

Over the past 12 months, Logan County's residents have collectively paid a total of $2.6 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 Logan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
February$198,456-17.8
January$241,2906
December 2023$227,7086.4
November 2023$214,005-0.9
October 2023$215,945-4.4
September 2023$225,7851.1
August 2023$223,308-7.6
July 2023$241,7605
June 2023$230,3107.6
May 2023$214,0120.2
April 2023$213,65618.2
March 2023$180,787-2.5

MORE NEWS