Illinois Valley Times

Illinois Valley residents would pay $71,139,208 more in state income taxes if the state agrees to increase school funding by $7.2 billion, according to a Illinois Valley Times analysis of Illinois Department of Revenue data.

Superintendent Tony Smith called for increasing K-12 public schools funding to $50 billion next year, or $27,000 per student. Smith hasn’t said where he expects the new money to come from.

The state raised income taxes by 32 percent just six months ago, in part to fund a new school spending plan. If the superintendent's plan goes through unchanged, Buda residents would see the largest average increase in Illinois Valley at $1,379 per household.

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How much more will your community pay?

City	Zip	Current income tax	Income tax under proposed plan	Increase by zip code	Average household increase
Buda	61314	$1,449,854	$1,964,206	$514,352	$1,379
Wyanet	61379	$1,974,536	$2,675,025	$700,489	$1,173
Serena	60549	$1,041,590	$1,411,106	$369,516	$1,173
Arlington	61312	$643,006	$871,119	$228,113	$1,152
Hennepin	61327	$1,906,151	$2,582,379	$676,228	$1,125
Mcnabb	61335	$792,238	$1,073,294	$281,056	$1,120
Grand Ridge	61325	$1,472,262	$1,994,563	$522,301	$1,116
Ransom	60470	$906,783	$1,228,474	$321,691	$1,098
Utica	61373	$3,001,842	$4,066,779	$1,064,937	$1,096
Tonica	61370	$1,985,970	$2,690,515	$704,545	$1,072
Rutland	61358	$593,088	$803,493	$210,405	$1,057
Ladd	61329	$1,871,458	$2,535,378	$663,920	$1,057
Marseilles	61341	$10,840,500	$14,686,288	$3,845,788	$1,050
Granville	61326	$3,304,666	$4,477,033	$1,172,367	$1,050
Princeton	61356	$15,295,500	$20,721,748	$5,426,248	$1,042
Tiskilwa	61368	$1,818,291	$2,463,349	$645,058	$1,042
Seneca	61360	$4,641,054	$6,287,519	$1,646,465	$1,040
Ottawa	61350	$33,165,000	$44,930,651	$11,765,651	$1,037
Millington	60537	$789,821	$1,070,019	$280,198	$1,034
Walnut	61376	$2,752,498	$3,728,977	$976,479	$1,031
Ohio	61349	$1,286,080	$1,742,331	$456,251	$1,014
Leland	60531	$2,442,969	$3,309,640	$866,671	$1,000
Peru	61354	$14,949,000	$20,252,323	$5,303,323	$994
Wedron	60557	$179,501	$243,181	$63,680	$980
Lamoille	61330	$1,842,361	$2,495,959	$653,598	$958
Putnam	61560	$819,737	$1,110,548	$290,811	$957
Sandwich	60548	$14,998,500	$20,319,384	$5,320,884	$955
Neponset	61345	$949,228	$1,285,978	$336,750	$949
Earlville	60518	$3,981,996	$5,394,654	$1,412,658	$946
Sheffield	61361	$1,643,988	$2,227,211	$583,223	$935
New Bedford	61346	$101,914	$138,069	$36,155	$927
Sheridan	60551	$4,298,250	$5,823,102	$1,524,852	$920
Dalzell	61320	$826,557	$1,119,787	$293,230	$919
Lostant	61334	$874,170	$1,184,291	$310,121	$918
Lasalle	61301	$12,375,000	$16,765,168	$4,390,168	$915
Oglesby	61348	$5,791,500	$7,846,099	$2,054,599	$914
Manlius	61338	$411,133	$556,988	$145,855	$912
Van Orin	61374	$116,313	$157,576	$41,263	$897
Mark	61340	$461,072	$624,642	$163,570	$884
Mendota	61342	$10,395,000	$14,082,741	$3,687,741	$884
Seatonville	61359	$347,931	$471,363	$123,432	$875
Spring Valley	61362	$6,781,500	$9,187,312	$2,405,812	$866
Mineral	61344	$440,649	$596,975	$156,326	$864
Leonore	61332	$150,146	$203,412	$53,266	$859
Cherry	61317	$598,760	$811,177	$212,417	$850
Dana	61321	$322,874	$437,417	$114,543	$842
Streator	61364	$20,047,500	$27,159,573	$7,112,073	$835
Troy Grove	61372	$256,579	$347,603	$91,024	$827
Standard	61363	$265,169	$359,241	$94,072	$797
Malden	61337	$482,567	$653,763	$171,196	$758
Cedar Point	61316	$270,308	$366,202	$95,894	$755
Triumph	61371	$103,077	$139,645	$36,568	$731
Bureau	61315	$235,357	$318,852	$83,495	$663
Dover	61323	$101,865	$138,002	$36,137	$634
Depue	61322	$1,093,278	$1,481,131	$387,853	$589
Kasbeer	61328	$39,154	$53,044	$13,890	$579
			Total	$71,139,208

Sources: Illinois Department of Revenue; Blockshopper.com; Illinois State Board of Education