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HomeMy WebLinkAboutResolution #5004 - urging governor and general assembly to protect full funding of local government distributive fund revenuesRESOLUTION 5004 URGING THE GOVERNOR AND GENERAL ASSEMBLY TO PROTECT FULL FUNDING OF LOCAL GOVERNMENT DISTRIBUTIVE FUND REVENUES WHEREAS, municipalities are front -line providers of government services to citizens and these services include police and fire protection, parks, infrastructure, water, sewer and utility services, and snow removal; and WHEREAS the State of Illinois has a long- standing tradition of collecting tax revenues on behalf of municipal governments and municipalities have relied on shared income tax revenue to provide services to taxpayers; and WHEREAS, municipalities have fewer options to raise significant revenue and rely on the full amount of revenue that the State collects on their behalf in order to fund the essential quality -of- life services expected and relied upon by community residents; and WHEREAS, the General Assembly increased the State income tax without providing any of the new revenues to municipalities and this loss of revenue has left the municipal share at levels collected during the Great Recession; and WHEREAS, the Governor proposed a 50 percent reduction in the local share of the income tax during his FY2016 Budget Address, reducing local revenues by over $600 million; and WHEREAS, the loss of this state - shared income tax revenue would result in elimination of countless jobs, local tax increases, program and service cuts, and could increase debt burdens that would be felt by all citizens. WHEREAS, the City of Canton would lose $727,848.00 NOW, THEREFORE, BE IT RESOLVED that the City of Canton urges the Governor and the General Assembly to protect full funding of the Local Government Distributive Fund and other revenue sources that allow local governments to provide for the health, safety and general welfare of their residents. Ayes: Aldermen Gerald Ellis, Justin Nelson, John Lovell, Angela Hale, Craig West, Tad Putrich, Dave Pickel, Jim Nelson Nays: None