Knox Co. Board to consider resolution opposing Gov. Pritzker

Knox Co. Board to consider resolution opposing Gov. Pritzker's reduction to local tax reimbursement


April 27, 2021
The Knox County Board meets Wednesday, April 28, for their regular monthly meeting where board members will consider approving a resolution to oppose Governor J.B. Pritzker’s reduction in the Local Government Distributive Fund.
When Illinois first adopted its flat income tax in 1969, it was agreed that a percentage of the revenue generated, at the time 10 percent, would be directed back to municipalities. This is the LGDF.
Monies from this fund are expected to see a 10 percent reduction due to the failure of the graduated income tax amendment that Pritzker called “the fair tax.”
With the amendment failing to pass in the state, the state’s budget was thrown out of whack. To counter this, Gov. Pritzker has proposed that budgets in all departments be reduced, including the LGDF.

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