Winnebago County residents will pay an additional $68.98 million in state income taxes this year, according to an analysis by Local Government Information Services (LGIS).
Boone County residents will pay an additional $13.99 million in state income taxes this year, according to an analysis by Local Government Information Services (LGIS).
Winnebago County and its surrounding communities’ 11 police and fire pension funds paid out a total of $35,260,478 in benefits to 720 retirees and inactive recipients in 2016 while making $1,847,833 on their investments, according to a Rockford Sun analysis of the funds' mandated financial filings with the Illinois Department of Insurance.