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Sunday, December 22, 2024

Analysis: Proposed K-12 budget would cost Cook County residents $3.1B more in income taxes

Budget 05

Cook County residents would pay $3,119,633,397 more in state income taxes if the state agrees to increase school funding by $7.2 billion, according to a Prairie State Wire analysis of Illinois Department of Revenue data.

Superintendent Tony Smith has 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, Kenilworth residents would see the largest average increase in Cook County at $13,594 per household.

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How much more would your community pay?

CityZipCurrent income taxIncome tax under proposed planIncrease by zip codeAverage household increase
Kenilworth60043$45,639,000$61,829,941$16,190,941$13,594
Chicago - South Central Loop60604$20,493,000$27,763,119$7,270,119$11,032
Glencoe60022$110,880,000$150,215,909$39,335,909$10,252
Winnetka60093$253,440,000$343,350,649$89,910,649$9,619
Chicago - Mag Mile60611$366,300,000$496,248,985$129,948,985$7,312
Chicago - East Central Loop60603$24,453,000$33,127,973$8,674,973$6,592
Chicago - West Central Loop60606$40,639,500$55,056,813$14,417,313$5,987
Chicago - Central Loop60602$16,434,000$22,264,144$5,830,144$4,206
Chicago - North Central Loop60601$82,170,000$111,320,718$29,150,718$4,124
Golf60029$3,150,841$4,268,637$1,117,796$4,050
Wilmette60091$139,095,000$188,440,493$49,345,493$3,896
River Forest60305$53,955,000$73,096,134$19,141,134$3,861
Barrington60010$220,770,000$299,090,604$78,320,604$3,775
Chicago - Lincoln Park60614$352,935,000$478,142,603$125,207,603$3,572
Western Springs60558$60,885,000$82,484,629$21,599,629$3,546
Chicago - River North60654$98,010,000$132,780,134$34,770,134$3,159
Glenview60026$56,925,000$77,119,775$20,194,775$3,155
Northbrook60062$179,685,000$243,430,245$63,745,245$3,137
Chicago - Gold Coast60610$168,300,000$228,006,290$59,706,290$2,859
Evanston60201$122,265,000$165,639,864$43,374,864$2,548
Burr Ridge60527$101,970,000$138,144,988$36,174,988$2,540
Chicago - Near West Side60661$43,461,000$58,879,271$15,418,271$2,511
Glenview60025$132,660,000$179,722,605$47,062,605$2,417
Oak Park60302$98,010,000$132,780,134$34,770,134$2,352
Evanston60203$13,909,500$18,844,049$4,934,549$2,334
Chicago - South Loop60605$77,715,000$105,285,258$27,570,258$2,284
Palos Park60464$29,056,500$39,364,615$10,308,115$2,110
Chicago - West Loop60607$71,775,000$97,237,977$25,462,977$2,068
Park Ridge60068$109,890,000$148,874,695$38,984,695$2,063
Palatine60067$114,345,000$154,910,156$40,565,156$2,059
Chicago - Lakeview60657$225,225,000$305,126,065$79,901,065$2,011
Flossmoor60422$24,007,500$32,524,427$8,516,927$1,933
Lincolnwood60712$31,482,000$42,650,588$11,168,588$1,841
La Grange60525$78,210,000$105,955,864$27,745,864$1,816
Orland Park60467$66,825,000$90,531,909$23,706,909$1,797
Hoffman Estates60192$35,838,000$48,551,928$12,713,928$1,728
Arlington Heights60004$125,235,000$169,663,504$44,428,504$1,726
Chicago - Wrigleyville60613$133,155,000$180,393,212$47,238,212$1,698
Buffalo Grove60089$98,505,000$133,450,740$34,945,740$1,654
Evanston60202$71,280,000$96,567,370$25,287,370$1,650
Lemont60439$51,975,000$70,413,707$18,438,707$1,632
Oak Park60304$34,600,500$46,875,411$12,274,911$1,623
Arlington Heights60005$68,310,000$92,543,730$24,233,730$1,623
La Grange Park60526$29,155,500$39,498,737$10,343,237$1,596
Palos Heights60463$33,214,500$44,997,712$11,783,212$1,594
Chicago - Wicker Park60622$119,295,000$161,616,223$42,321,223$1,593
Chicago - Edgebrook60646$56,925,000$77,119,775$20,194,775$1,569
Chicago - River West60642$44,005,500$59,616,939$15,611,439$1,544
North Riverside60546$33,016,500$44,729,469$11,712,969$1,528
Olympia Fields60461$9,108,000$12,339,164$3,231,164$1,521
Oak Park60301$5,247,000$7,108,431$1,861,431$1,490
Schaumburg60173$27,670,500$37,486,917$9,816,417$1,441
Willow Springs60480$10,989,000$14,887,470$3,898,470$1,422
Chicago - Edison Park/Norwood Park60631$56,925,000$77,119,775$20,194,775$1,377
Chicago - O'Hare60656$54,450,000$73,766,741$19,316,741$1,375
Orland Park60462$76,230,000$103,273,437$27,043,437$1,347
Chicago - Mount Greenwood60655$50,985,000$69,072,494$18,087,494$1,346
Tinley Park60487$48,361,500$65,518,278$17,156,778$1,334
Skokie60077$47,025,000$63,707,640$16,682,640$1,270
Skokie60076$55,935,000$75,778,561$19,843,561$1,239
Morton Grove60053$40,887,000$55,392,116$14,505,116$1,230
Schaumburg60193$69,300,000$93,884,943$24,584,943$1,229
Homewood60430$31,630,500$42,851,770$11,221,270$1,227
Schaumburg60195$9,157,500$12,406,225$3,248,725$1,225
Hines60141$344,482$466,691$122,209$1,222
Chicago - Avondale60618$141,075,000$191,122,920$50,047,920$1,207
Des Plaines60018$49,252,500$66,725,370$17,472,870$1,204
Mount Prospect60056$94,050,000$127,415,280$33,365,280$1,201
Prospect Heights60070$25,641,000$34,737,429$9,096,429$1,167
Westchester60154$28,561,500$38,694,009$10,132,509$1,166
Chicago - Uptown60640$106,425,000$144,180,448$37,755,448$1,165
Elk Grove Village60007$58,905,000$79,802,202$20,897,202$1,164
Chicago - Hyde Park60615$53,460,000$72,425,527$18,965,527$1,157
Schaumburg60194$31,284,000$42,382,346$11,098,346$1,140
Tinley Park60477$61,380,000$83,155,235$21,775,235$1,126
Chicago - Logan Square60647$125,730,000$170,334,111$44,604,111$1,116
Evergreen Park60805$29,106,000$39,431,676$10,325,676$1,116
Evanston60208$227,972$308,848$80,876$1,093
Chicago - Beverly60643$62,370,000$84,496,449$22,126,449$1,077
Rolling Meadows60008$33,511,500$45,400,076$11,888,576$1,070
Brookfield60513$27,720,000$37,553,977$9,833,977$1,068
Palatine60074$53,955,000$73,096,134$19,141,134$1,035
Oak Forest60452$37,867,500$51,301,415$13,433,915$1,027
Thornton60476$3,015,543$4,085,340$1,069,797$1,003
Chicago - Lincoln Square60625$96,030,000$130,097,707$34,067,707$998
Oak Lawn60453$76,725,000$103,944,044$27,219,044$997
Chicago - Armour Square60616$62,865,000$85,167,055$22,302,055$992
Forest Park60130$19,354,500$26,220,723$6,866,223$989
Streamwood60107$51,975,000$70,413,707$18,438,707$987
Hoffman Estates60169$44,748,000$60,622,849$15,874,849$987
Wheeling60090$52,965,000$71,754,921$18,789,921$984
Niles60714$40,441,500$54,788,570$14,347,070$956
Des Plaines60016$82,170,000$111,320,718$29,150,718$952
Chicago - West Ridge60645$51,480,000$69,743,101$18,263,101$952
Chicago - Edgewater60660$54,450,000$73,766,741$19,316,741$942
Chicago - Jefferson Park60630$68,310,000$92,543,730$24,233,730$939
Chicago - Clearing/Garfield Ridge60638$68,310,000$92,543,730$24,233,730$935
Hickory Hills60457$17,226,000$23,337,114$6,111,114$933
Matteson60443$22,918,500$31,049,092$8,130,592$932
Chicago - Woodlawn60637$39,946,500$54,117,964$14,171,464$931
Palos Hills60465$22,770,000$30,847,910$8,077,910$924
South Holland60473$24,502,500$33,195,033$8,692,533$909
Chicago - Elmwood Park60707$49,005,000$66,390,067$17,385,067$879
Crestwood60445$29,304,000$39,699,919$10,395,919$877
Norridge60706$29,403,000$39,834,040$10,431,040$874
Lansing60438$30,987,000$41,979,982$10,992,982$870
Hillside60162$9,207,000$12,473,285$3,266,285$850
Alsip60803$24,502,500$33,195,033$8,692,533$848
Berkeley60163$5,989,500$8,114,342$2,124,842$839
Glenwood60425$8,860,500$12,003,861$3,143,361$837
Chicago - West Town60612$29,304,000$39,699,919$10,395,919$832
Chicago - Ashburn60652$40,738,500$55,190,934$14,452,434$823
Richton Park60471$12,177,000$16,496,926$4,319,926$821
Country Club Hills60478$15,444,000$20,922,930$5,478,930$817
Chicago - North Park60659$37,669,500$51,033,173$13,363,673$812
Chicago - Hegewisch60633$11,236,500$15,222,773$3,986,273$800
Chicago - Dunning60634$81,180,000$109,979,505$28,799,505$794
Elgin60120$49,500,000$67,060,674$17,560,674$787
Chicago - Rogers Park60626$46,777,500$63,372,337$16,594,837$784
Worth60482$11,187,000$15,155,712$3,968,712$778
Burbank60459$28,660,500$38,828,130$10,167,630$777
Hazel Crest60429$13,117,500$17,771,079$4,653,579$773
Chicago - Portage Park60641$68,805,000$93,214,336$24,409,336$767
Bridgeview60455$15,295,500$20,721,748$5,426,248$764
Franklin Park60131$18,958,500$25,684,238$6,725,738$763
Hometown60456$4,402,861$5,964,825$1,561,964$760
Berwyn60402$57,915,000$78,460,988$20,545,988$758
Lyons60534$10,048,500$13,613,317$3,564,817$753
Chicago - Bronzeville60653$22,077,000$29,909,060$7,832,060$745
Broadview60155$7,672,500$10,394,404$2,721,904$744
Chicago Ridge60415$12,573,000$17,033,411$4,460,411$729
Park Forest60466$18,414,000$24,946,571$6,532,571$726
River Grove60171$10,642,500$14,418,045$3,775,545$719
Schiller Park60176$11,929,500$16,161,622$4,232,122$714
Northlake60164$20,097,000$27,226,633$7,129,633$712
Justice60458$11,929,500$16,161,622$4,232,122$701
Chicago - Lower West Side60608$53,460,000$72,425,527$18,965,527$685
University Park60484$4,654,041$6,305,114$1,651,073$677
Chicago Heights60411$39,847,500$53,983,842$14,136,342$674
Posen60469$4,305,937$5,833,516$1,527,579$670
Melrose Park60160$19,453,500$26,354,845$6,901,345$664
Chicago - South Chicago60617$54,450,000$73,766,741$19,316,741$661
Bellwood60104$15,147,000$20,520,566$5,373,566$654
Calumet City60409$25,443,000$34,469,186$9,026,186$645
Dolton60419$15,889,500$21,526,476$5,636,976$642
Chicago - Chatham60619$41,629,500$56,398,026$14,768,526$634
Summit60501$8,217,000$11,132,072$2,915,072$632
Blue Island60406$17,325,000$23,471,236$6,146,236$628
Chicago - New City60609$37,818,000$51,234,355$13,416,355$625
Chicago - South Shore60649$26,878,500$36,413,946$9,535,446$623
Chicago - Pullman60628$40,095,000$54,319,146$14,224,146$592
Maywood60153$14,949,000$20,252,323$5,303,323$591
Chicago - Marquette Park60629$70,785,000$95,896,763$25,111,763$589
Markham60428$7,276,500$9,857,919$2,581,419$581
Stone Park60165$2,949,138$3,995,378$1,046,240$575
Chicago - Ashburn60620$39,600,000$53,648,539$14,048,539$572
Cicero60804$48,807,000$66,121,824$17,314,824$563
Chicago - Brighton Park60632$52,965,000$71,754,921$18,789,921$556
Chicago - Hermosa60639$53,460,000$72,425,527$18,965,527$541
Riverdale60827$13,513,500$18,307,564$4,794,064$532
Chicago - Austin60651$32,719,500$44,327,105$11,607,605$508
Harvey60426$12,622,500$17,100,472$4,477,972$501
Chicago - Lawndale60623$38,709,000$52,441,447$13,732,447$485
Robbins60472$1,988,543$2,694,001$705,458$481
Chicago - Austin60644$20,542,500$27,830,180$7,287,680$471
Chicago - West Garfield Park60624$14,553,000$19,715,838$5,162,838$448
Chicago - West Englewood60636$14,008,500$18,978,171$4,969,671$431
Chicago - Englewood60621$10,098,000$13,680,377$3,582,377$411

Total$3,119,633,397

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

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