Quantcast

Kendall County Times

Thursday, November 21, 2024

$1.4 million in Special County Retailers Occupation Tax collected in May for Kendall County

Webp david harris 4

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Kendall County taxpayers paid $1.4 million in Special County Retailers Occupation Tax in May, according to Illinois tax records.

This figure marks a significant decrease 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 $16.9 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.

Special County Retailers Occupation Tax Collected in Kendall County Over Last 12 months
MonthAmount Collected% Change from Previous Month
May$1,356,210-5.1
April$1,428,48020.7
March$1,183,110-4.9
February$1,243,890-24.5
January$1,647,04012.9
December 2023$1,459,4105.6
November 2023$1,381,730-0.4
October 2023$1,387,690-2.5
September 2023$1,423,7501.4
August 2023$1,404,030-5.3
July 2023$1,482,4000.7
June 2023$1,472,13011

MORE NEWS