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Pritzker claims the additional tax revenue will "eliminate the budget deficit."
The city in Ford County that will be the most affected by Pritzker's proposal is Gibson City, with residents expected to pay an additional $2,721,091 in income taxes -- approximately $1,694 per person in the labor force. Elliott will pay only $125,141 more -- approximately $941 per person in the labor force in comparison, the least among Ford County cities.
The following table shows how other cities in Ford County are affected.
How much more will residents from Ford County pay on the proposal?
City | Total Expected Income Tax burden | Total Increase | Per Person Increase |
---|---|---|---|
Gibson City | $6,944,247 | $2,721,091 | $1,694 |
Paxton | $6,635,569 | $2,600,136 | $1,265 |
Piper City | $1,207,330 | $473,090 | $1,088 |
Melvin | $776,413 | $304,236 | $1,352 |
Cabery | $723,755 | $283,602 | $2,165 |
Roberts | $686,769 | $269,109 | $1,346 |
Sibley | $565,239 | $221,488 | $1,367 |
Kempton | $505,394 | $198,038 | $2,606 |
Elliott | $319,361 | $125,141 | $941 |
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.