Adobe Stock
Adobe Stock
Pritzker claims the additional tax revenue will "eliminate the budget deficit."
The city in Henry County that will be the most affected by Pritzker's proposal is Geneseo, with residents expected to pay an additional $9,005,035 in income taxes -- approximately $2,971 per person in the labor force. Ophiem will pay only $46,675 more in comparison, the least among Henry County cities.
The following table shows how other cities in Henry County are affected.
How much more will residents from Henry County pay on the proposal?
City | Total Expected Income Tax burden | Total Increase | Per Person Increase |
---|---|---|---|
Geneseo | $22,980,923 | $9,005,035 | $2,971 |
Kewanee | $13,298,425 | $5,210,965 | $882 |
Colona | $9,384,495 | $3,677,298 | $1,383 |
Orion | $5,288,657 | $2,072,351 | $2,112 |
Cambridge | $3,953,809 | $1,549,293 | $1,471 |
Galva | $3,916,347 | $1,534,614 | $1,290 |
Atkinson | $2,247,311 | $880,605 | $1,548 |
Annawan | $2,016,171 | $790,033 | $1,725 |
Woodhull | $1,646,484 | $645,172 | $1,447 |
Alpha | $1,550,322 | $607,491 | $2,201 |
Lynn Center | $1,195,756 | $468,555 | -- |
Andover | $737,436 | $288,963 | $963 |
Osco | $536,915 | $210,389 | -- |
Bishop Hill | $147,325 | $57,729 | $1,031 |
Hooppole | $129,172 | $50,616 | $633 |
Ophiem | $119,115 | $46,675 | -- |
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.