Illinois state Rep. Martin McLaughlin, R-Barrington Hills
(The Center Square) – Lawmakers from an Illinois House committee hosted mayors from all over the state to discuss a possible increase in the Local Government Distributive Fund.
LGDF is a state and local funding partnership instituted as part of the state income tax.
Rockford Mayor Tom McNamara spoke before the committee and explained what he was seeking.
“I am happy to support [House Bill 1116], which provides to me an approach to restoring LGDF that is measured,” McNamara said. “It increases it up to 10%. By incrementally increasing the amount, this bill will allow both the state and municipalities to gradually adjust to these new rates.”
According to the Illinois Municipal League, as of 2011, 10% of total income tax collections were dedicated to LGDF for distribution to municipalities and counties. The percentage share of state income tax revenue to local governments was then reduced to 6%.
State Rep. Martin McLaughlin, R-Barrington Hills, said the state owes these townships this funding.
“This was a promise that none of you have received. For the people who defend our public pensions as a promise, you guys have been cut in half. So those who defend our pensions like I do, or 40%, this actually goes directly to funding a lot of your pension obligations,” McLaughlin said.
More here.
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