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Sunday, April 5, 2020

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


By Metric Media News Service | Feb 13, 2020

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Winnebago County residents will have to pay $156,898,558 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 Rockford Sun analysis of Illinois Department of Revenue data.

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

The city in Winnebago County that will be the most affected by Pritzker's proposal is Rockford, with residents expected to pay an additional $86,992,155 in income taxes -- approximately $1,208 per person in the labor force. Seward will pay only $53,252 more in comparison, the least among Winnebago County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Loves Park
Machesney Park
South Beloit
Cherry Valley

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 IllinoisCity of RockfordVillage of RoscoeVillage of WinnebagoVillage of PecatonicaCity of Rockton City of South BeloitVillage of DurandMachesney Park Village

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