Kane County residents already pay some of the highest taxes in the nation. According to WalletHub.com, Illinois had the highest total state and local tax rates on a median U.S. household, at 15.1%, a rate that’s nearly 40% higher than the national average. (Source)
While Illinois already has the 2nd highest property tax rate in the nation, a 2.16% average effective rate, residents in Kane County pay significantly more than the Illinois average rate of 2.66%. (Source)
As you know, the state motor fuel tax has more than doubled in the last two years and more than 50% of that revenue is dedicated to municipalities, counties, township road districts, and mass transit agencies around the state, amounting to an additional $600M plus per year. Kane County governments are experiencing record revenues from these sources.
Illinoisans already have the 2nd highest average gasoline taxes in the nation at 59.56 cents per gallon and Kane County is proposing adding an additional 8.1 cents per gallon on top of it. (Source)
Illinois residents pay the 7th highest average state and local sales taxes in the nation at 8.82 percent, this new proposal would increase the maximum state and local sales tax rate in Kane County even more! to 9.25%. (Source)