Pexels.com
Pexels.com
Greater Quincy residents would pay $29,217,824 more in state income taxes if the state agrees to increase school funding by $7.2 billion, according to a Quincy Reporter 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, Quincy residents would see the largest average increase in the Greater Quincy area at $1,251 per household.
---
How much more will your community pay?
| City | Zip | Current income tax | Income tax under proposed plan | Increase by zip code | Average household increase |
| Quincy | 62305 | $31,828,500 | $43,120,013 | $11,291,513 | $1,251 |
| Fowler | 62338 | $2,031,357 | $2,752,004 | $720,647 | $1,055 |
| Lima | 62348 | $87,367 | $118,361 | $30,994 | $1,033 |
| Ursa | 62376 | $1,638,256 | $2,219,446 | $581,190 | $1,011 |
| Payson | 62360 | $2,122,101 | $2,874,940 | $752,839 | $958 |
| Mendon | 62351 | $2,107,874 | $2,855,666 | $747,792 | $931 |
| Golden | 62339 | $1,041,244 | $1,410,637 | $369,393 | $894 |
| Liberty | 62347 | $2,685,796 | $3,638,612 | $952,816 | $892 |
| Camp Point | 62320 | $2,502,019 | $3,389,638 | $887,619 | $876 |
| Quincy | 62306 | $262,111 | $355,097 | $92,986 | $845 |
| Loraine | 62349 | $685,175 | $928,249 | $243,074 | $835 |
| Coatsburg | 62325 | $395,249 | $535,468 | $140,219 | $835 |
| Quincy | 62301 | $33,066,000 | $44,796,530 | $11,730,530 | $803 |
| Plainville | 62365 | $573,902 | $777,500 | $203,598 | $771 |
| Clayton | 62324 | $1,191,031 | $1,613,562 | $422,531 | $735 |
| Paloma | 62359 | $141,176 | $191,259 | $50,083 | $715 |
| Total | $29,217,824 |
Alerts Sign-up