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South Central Reporter

Saturday, April 20, 2024

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

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Albers residents will have to pay $1,233,615 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 South Central Reporter analysis of Illinois Department of Revenue data.

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

The city in Clinton County that will be the most affected by Pritzker's proposal is Breese, with residents expected to pay an additional $4,864,154 in income taxes -- approximately $1,872 per person in the labor force. Hoffman will pay only $213,910 more -- approximately $863 per person in the labor force in comparison, the least among Clinton County cities.

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

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

CityTotal Expected Income Tax burdenTotal IncreasePer Person Increase
Breese$12,413,361$4,864,154$1,872
Carlyle$11,324,937$4,437,657$2,721
Trenton$8,092,785$3,171,144$2,281
New Baden$6,426,932$2,518,382$1,429
Aviston$6,333,438$2,481,747$1,900
Germantown$3,440,500$1,348,154$1,854
Bartelso$3,255,941$1,275,835$3,731
Albers$3,148,196$1,233,615$2,168
Beckemeyer$1,191,114$466,736$908
New Memphis$559,033$219,056--
Hoffman$545,900$213,910$863

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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