Winnetka Could Lose $140K Under Quinn's Proposal

Gov. Pat Quinn has proposed Illinois strengthen its troubled finances by freezing state income taxes shared with local municipalities at 2012 levels, a move that could cause Winnetka to lose between $64,591 and $140,150 in revenue and raise property taxes 1 percent, Chicago Tribune reports.

The state calculations show the impact to local budgets would be $5.30 per resident, while the Illinois Municipal League estimates the impact would be $11.50 per resident, Chicago Tribune reports. 

For the full story, visit: www.ChicagoTribune.com 

Here's a look at how Quinn's proposal would impact other North Shore communities.

Town

Population Based on 2010 Census

Impact Based on State Calculation of $5.30/ Resident

Impact Based on IML Calculation of $11.50/ Resident

Skokie

64,784

$343,355

$745,016

Evanston

74,486

$394,776

$856,589

Wilmette

27,087

$146,561

$311,500

Winnetka

12,187

$64,591

$140,150

Glencoe

8,723

$46,232

$100,314

Northfield

5,420

$28,726

$62,330

Glenview

44,692

$236,868

$513,958

Northbrook

33,170

$175,801

$381,455