Sangamon Sun

Sangamon Sun

Saturday, March 28, 2020

Analysis: How much more will Sangamon County residents pay in income taxes?

Politics

By Metric Media News Service | Feb 13, 2020

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Sangamon County residents will have to pay $131,056,050 more in state income taxes if Gov. J.B. Pritzker's proposed tax hike is to generate the $10.3 billion in additional tax revenue that he has promised, according to a Sangamon Sun analysis of Illinois Department of Revenue data.

Pritzker claims the additional tax revenue will "eliminate the budget deficit."

The city in Sangamon County that will be the most affected by Pritzker's proposal is Springfield, with residents expected to pay an additional $89,965,478 in income taxes -- approximately $1,528 per person in the labor force. Thayer will pay only $212,424 more -- approximately $562 per person in the labor force in comparison, the least among Sangamon County cities.

The following table shows how other cities in Sangamon County are affected.

How much more will residents from Sangamon County pay on the proposal?

City
Total Expected Income Tax burden
Total Increase
Per Person Increase
Springfield
$229,592,636
$89,965,478
$1,528
Chatham
$28,737,250
$11,260,642
$1,627
Rochester
$13,899,558
$5,446,518
$3,297
Sherman
$11,605,270
$4,547,505
$1,901
Auburn
$7,921,301
$3,103,948
$1,105
Riverton
$6,720,178
$2,633,290
$1,321
New Berlin
$5,839,659
$2,288,260
$2,871
Pleasant Plains
$5,538,337
$2,170,188
$4,367
Pawnee
$5,406,286
$2,118,444
$1,497
Williamsville
$3,346,264
$1,311,228
$1,574
Dawson
$2,273,676
$890,936
$2,302
Divernon
$2,199,611
$861,914
$1,364
Mechanicsburg
$2,115,632
$829,007
$2,148
Cantrall
$2,056,548
$805,855
$10,603
Illiopolis
$1,799,862
$705,273
$1,679
Loami
$1,780,251
$697,588
$1,438
Glenarm
$1,726,873
$676,672
--
Buffalo
$1,354,813
$530,881
$1,889
Thayer
$542,108
$212,424
$562

Per person increases have been calculated using the most recent data about people in the labor force as provided by the U.S. Census Bureau's ongoing American Community Survey.

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Organizations in this Story

State of IllinoisSpringfield TownshipVillage of ShermanVillage of Pleasant PlainsVillage of MechanicsburgVillage of WilliamsvilleVillage of RochesterVillage of DawsonVillage of ChathamVillage of RivertonVillage of ThayerVillage of New BerlinVillage of IlliopolisVillage of DivernonVillage of BuffaloVillage of LoamiVillage of PawneeVillage of Cantrall

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