South West Illinois News

South West Illinois News

Saturday, February 22, 2020

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

Politics

By South West Illinois News Reports | Feb 13, 2020

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Randolph County residents will have to pay $14,594,627 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 SW Illinois News analysis of Illinois Department of Revenue data.

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

The city in Randolph County that will be the most affected by Pritzker's proposal is Red Bud, with residents expected to pay an additional $4,307,572 in income taxes -- approximately $2,643 per person in the labor force. Modoc will pay only $72,324 more in comparison, the least among Randolph County cities.

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

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

City
Total Expected Income Tax burden
Total Increase
Per Person Increase
Red Bud
$10,992,959
$4,307,572
$2,643
Chester
$7,104,198
$2,783,768
$1,409
Sparta
$6,711,118
$2,629,740
$1,133
Steeleville
$3,741,736
$1,466,193
$1,308
Evansville
$2,071,223
$811,605
$2,601
Prairie Du Rocher
$1,575,312
$617,283
--
Percy
$1,393,506
$546,043
$1,784
Ellis Grove
$1,194,159
$467,929
$3,058
Baldwin
$817,600
$320,375
$2,240
Tilden
$582,373
$228,202
$722
Rockwood
$491,405
$192,556
$12,035
Walsh
$385,447
$151,037
--
Modoc
$184,572
$72,324
--

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 SpartaVillage of RockwoodVillage of SteelevilleCity of Red BudVillage of Prairie Du RocherVillage of BaldwinVillage of EvansvilleVillage of TildenVillage of Ellis GroveVillage of Percy

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