Maywood Board Braces for Potential Cuts to LGDF Fund — Which Could Mean Layoffs, Service Reductions, Higher Debt and More
Tuesday, April 21, 2015 || By Michael Romain Village staff and counsel say the cuts are unlikely this budget cycle, but anticipate a funding fight in future years If Illinois Governor Bruce Rauner had his way, he’d take away 50 percent of local municipalities’ share of the state income tax, known as the Local Government Distributive Fund (LGDF), which is currently about 8 percent of the state’s … Continue reading Maywood Board Braces for Potential Cuts to LGDF Fund — Which Could Mean Layoffs, Service Reductions, Higher Debt and More
