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HomeMy WebLinkAboutResolutions - R-02-007 - 06/03/2002 - OPPOSITION REDUCING STATE SHARED REVENUESRESOLUTION R-02 -40�_ WHEREAS, the City of McHenry has a population of 21,501; and WHEREAS, Illinois municipalities receive 1/10 of the Illinois Income Tax proceeds and all of the revenue from the State Photoprocessing Tax; and WHEREAS, Illinois municipalities depend on this revenue to provide first response in police and public works directly affecting the citizens; and WHEREAS, Illinois municipalities have already received a reduction in revenues due to the national economic downturn both in the shared income tax and sales tax proceeds; and WHEREAS, municipal costs have increased this year due to homeland defense costs and providing other vital services; and WHEREAS, municipalities are currently suffering late payments through the State's Local Government Distributive Fund thereby causing shortfalls throughout the State in meeting municipal bills; and WHEREAS, all State shared revenue is essential to municipal services. NOW THEREFORE BE IT RESOLVED that the City of McHenry does hereby go on record in strong opposition to reducing State shared revenues, especially the State Income Tax and Photoprocessing Tax, to Illinois municipalities. BE IT FURTHER RESOLVED, that this resolution be incorporated in the Minutes of this Meeting of the McHenry City Council and that a copy be forwarded to the Governor of the State of Illinois. PASSED and APPROVED this P day of June, 2002. ATTEST: city C r ShOol—M-N."n'.1 �nm il/