Quantcast

Kendall County Times

Tuesday, May 21, 2024

Kendall County residents pay $16.4 million in Special County Retailers Occupation Tax in 2022

Webp david harris 3

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kendall County taxpayers paid $16.4 million in Special County Retailers Occupation Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where Special County Retailers Occupation Tax collection stood at $14.6 million.

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 Kendall County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$16,381,46412.1
2021$14,614,84336.2
2020$10,728,0117.8
2019$9,948,206-7.3

!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.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS