Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a significant increase over the previous month, when Special County Retailers Occupation Tax collection stood at $191,086.
Over the past 12 months, Henry County's residents have collectively paid a total of $2.5 million in Special County Retailers Occupation Tax.
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.
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| April | $229,302 | 20% |
| March | $191,086 | -4.9% |
| February | $200,847 | -11.8% |
| January | $227,763 | 13.7% |
| December 2024 | $200,361 | -2.5% |
| November 2024 | $205,403 | -1.6% |
| October 2024 | $208,711 | 2.2% |
| September 2024 | $204,140 | 5.7% |
| August 2024 | $193,112 | -2.5% |
| July 2024 | $198,006 | -7.6% |
| June 2024 | $214,328 | 8.4% |
| May 2024 | $197,636 | 2.4% |
| April 2024 | $192,921 | - |
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