Quantcast

Kendall County Times

Thursday, November 14, 2024

Kendall County residents pay $1.6 million in Special County Retailers Occupation Tax in January

Webp cory staley 1

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Kendall County taxpayers paid $1.6 million in Special County Retailers Occupation Tax in January, according to Illinois tax records.

This figure marks a significant increase from the previous month, where Special County Retailers Occupation Tax collection stood at $1.4 million.

Over the past 12 months, Kendall County's residents have collectively paid a total of $16.3 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 Kendall County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$1,604,78014.3
December 2022$1,403,9402.1
November 2022$1,375,3900.3
October 2022$1,370,7202.2
September 2022$1,341,100-6.2
August 2022$1,429,320-3.7
July 2022$1,483,8701
June 2022$1,469,7407.7
May 2022$1,364,8002
April 2022$1,337,49027.8
March 2022$1,046,790-1.7
February 2022$1,064,970-37.1

!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