East Central Reporter

East Central Reporter

Friday, April 3, 2020

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


By East Central Reporter Reports | Mar 11, 2020

Money 05

Strasburg residents will have to pay $472,911 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 an East Central Reporter analysis of Illinois Department of Revenue data.

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

The city in Shelby County that will be the most affected by Pritzker's proposal is Shelbyville, with residents expected to pay an additional $3,795,035 in income taxes -- approximately $1,536 per person in the labor force. Lakewood will pay only $170,899 more -- approximately $85 per person in the labor force in comparison, the least among Shelby County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Tower Hill

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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Village of Strasburg

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