2010-10RESOLUTION NO. 2010- 10
A RESOLUTION CONCERNING THE ILLINOIS STATE INCOME TAX AND
THE LOCAL GOVERNMENT DISTRIBUTIVE FUND
WHEREAS, Governor Quinn, as part of his annual State Budget Address, has called for a plan to cut the
percentage of the State Income Tax shared with local government from ten percent (10 %) to seven percent (7 0/o);
and
WHEREAS, the local share of the State Income Tax is remitted monthly through the Local Government
Distributive Fund; and
WHEREAS, cities and towns across the entire State continue to experience unprecedented financial
hardship as a result of the lengthy and challenging recessionary period; and
WHEREAS, while the fiscal impact of $300 million estimated to be diverted from local government will
only marginally address the State's budget deficit, it will have a significant impact on local government in their
delivery of primary public services; and
WHEREAS, a change in distribution from ten percent (10 %) to seven percent (7 %) is estimated to reduce
each and every Illinois municipality's revenue by approximately $23.10 /capita over the next year; and
WHEREAS, the estimated impact on the Village of Buffalo Grove is equal to $997,800 or three percent
(3 %) of the approved Fiscal Year 2010 Corporate Fund Budget, a Budget developed and approved relying upon the
good faith and integrity of all its revenue sources and cognizant of the challenging economic climate; and
WHEREAS, Illinois municipal officials believe that the General Assembly, by taking this action, would be
adversely impacting what has been a longstanding, mutually beneficial partnership with Illinois municipalities.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESDIENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that:
Section 1. The General Assembly is asked to oppose any and all efforts to reduce the local government
share of the Illinois Income Tax to less than the current ten percent (10 %) of net receipts, distributed
annually through the Local Government Distributive Fund. Further, the General Assembly is also asked
that the ten percent (10 %) of net receipts formula be retained should there be new revenue collected as a
result of any future increase in the Illinois Income Tax.
Section 2. The General Assembly is asked to maintain the integrity of the pledge made to local government
at the time the Illinois Income Tax was authorized in 1969, that net receipts, distributed annually through
the Local Government Distributive Fund would remain intact and at no less that the current percentage
level.
Section 3. The Village Clerk is hereby directed to file a certified copy of this Resolution with state senators
and representatives elected to represent the Village of Buffalo Grove. Village officials and residents are
further encouraged to communicate the position of the Village of Buffalo Grove to state elected officials so
as to advocate the retention of the current percentage local government share of the Illinois Income Tax
distributed through the Local Government Distributive Fund. Lastly, copies shall be filed with the Illinois
Municipal League and Northwest Municipal Conference.
AYES: 6 — Braiman, Glover, Berman, Trilling, Stone Sussman
NAYES: 0 — None
ABSENT: 0 — None
PASSED: March 22 2010. APPROVED: March 22 2010.
ATTEST:
-n