McHenry Times

McHenry County residents would pay $178,528,195 more in state income taxes if the state agrees to increase school funding by $7.2 billion, according to a McHenry 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, Crystal Lake residents would see the largest average increase in McHenry County at $1,916 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
Crystal Lake	60012	$27,274,500	$36,950,431	$9,675,931	$1,916
Cary	60013	$53,460,000	$72,425,527	$18,965,527	$1,519
Ringwood	60072	$1,987,367	$2,692,407	$705,040	$1,481
Algonquin	60102	$60,390,000	$81,814,022	$21,424,022	$1,428
Spring Grove	60081	$18,166,500	$24,611,267	$6,444,767	$1,419
Fox River Grove	60021	$10,197,000	$13,814,499	$3,617,499	$1,401
Crystal Lake	60039	$822,316	$1,114,041	$291,725	$1,326
Huntley	60142	$47,965,500	$64,981,793	$17,016,293	$1,316
Lake In The Hills	60156	$47,272,500	$64,042,943	$16,770,443	$1,315
Crystal Lake	60014	$84,150,000	$114,003,145	$29,853,145	$1,303
Richmond	60071	$6,286,500	$8,516,706	$2,230,206	$1,219
Hebron	60034	$2,973,722	$4,028,683	$1,054,961	$1,157
Woodstock	60098	$47,371,500	$64,177,065	$16,805,565	$1,133
Mchenry	60050	$45,144,000	$61,159,334	$16,015,334	$1,097
Marengo	60152	$17,919,000	$24,275,964	$6,356,964	$1,088
Union	60180	$2,297,031	$3,111,928	$814,897	$1,065
Garden Prairie	61038	$1,590,074	$2,154,170	$564,096	$973
Wonder Lake	60097	$13,315,500	$18,039,321	$4,723,821	$948
Harvard	60033	$14,652,000	$19,849,959	$5,197,959	$869
			Total	$178,528,195

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