Kankakee Times

Kankakee Times

Saturday, March 28, 2020

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


By Metric Media News Service | Mar 13, 2020

Money 02

Hopkins Park residents will have to pay $33,194 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 Kankakee Times analysis of Illinois Department of Revenue data.

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

The city in Kankakee County that will be the most affected by Pritzker's proposal is Bourbonnais, with residents expected to pay an additional $18,657,542 in income taxes -- approximately $1,975 per person in the labor force. Hopkins Park will pay only $33,194 more -- approximately $234 per person in the labor force in comparison, the least among Kankakee County cities.

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

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

Total Expected Income Tax burden
Total Increase
Per Person Increase
Saint Anne
Grant Park
Pembroke Township
Aroma Park
Union Hill
Hopkins Park

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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Village of Hopkins Park

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