Glen Ellyn considers smaller share of income tax revenue
Village officials say Glen Ellyn stands to lose more than $600,000 in funding after an announcement from Gov. Pat Quinn’s office Saturday that municipalities should receive a smaller portion of income tax revenue from the state.
“It puts our community and many other communities in a (position) where serious service cuts would occur, and just fulfilling the basic aspects of what local government does, it becomes something that’s put in jeopardy,” Village Manager Steven Jones said at Tuesday’s village workshop meeting.
On Saturday, Quinn’s budget director David Vaught said municipalities across Illinois must “share the pain” by giving up a portion of income tax revenue. Under Quinn’s plan, instead of getting 10 percent, which amounts to about $1 billion a year statewide, municipalities would receive 7 percent.
That’s a loss of $630,000 to Glen Ellyn, said Jon Batek, the village’s finance director.
“We’re going to have to look and see what some of these scenarios would require us to do if perhaps a month from now we find out that we are going to be shortened on income tax,” Jones said.
Municipal leaders still are waiting for the state to “share the pain,” Jones said.
“Referencing the fact that municipalities need to ‘share the pain’ is a little bit disingenuous,” Jones said. “Obviously, over the last year to a year and a half, we’ve gone through two budget cycles with municipalities all over Illinois. You can’t pick up the headlines around budget time without seeing … major budget cuts of service, increasing fees, revenues, taxes, et cetera. So, my point is that I think the municipalities normally have really felt the pain over the last 18 months. We’re not quite sure we’ve seen the same level of financial focus on the state level.”
This article originally appeared in Glen Ellyn News.
