The Village of Lincolnshire joined 275 municipalities throughout the area in urging Springfield to restore local revenue payments.
The Local Government Distributive Fund (LGDF) is generated from income tax paid by local residents and businesses and collected by the State before it gets redistributed back to municipalities.
LGDF accounts for over $100,000 of the Village of Lincolnshire's annual operating budget. Further cuts could reduce essential services or increase taxes.
The State promised 10% of total income tax collections to municipalities on a per capita basis through the fund in lieu of a local income tax. But in recent years, the State reduced the LGDF share from 10% to 6.06%.
Now, Springfield is considering taking additional money from LGDF this year, which would make local governments even more reliant on property taxes when challenged to balance our own budget and maintain essential services.
We encourage you to contact your State Senator and Representative and let them know that you: 1) oppose further LGDF cuts; and 2) support restoring LGDF payments to the full 10% level that was promised.
Restoring LGDF dollars to our community will help relieve the property tax burden and help ensure that basic services remain in place moving forward.
A big thank you to everyone who participated in the Wine, Dine, & Win contest! The Village awarded $50 gift cards to various Lincolnshire restaurants to 45 lucky winners. Participants spent more than $3,500 at local restaurants during the month of April. Thank you again, and stay tuned for more ways on how you can support local businesses!
Please plan to join us for this popular hometown event as we remember the fallen military and honor our veterans. The Memorial Day Commemoration takes place at Spring Lake Park, 49 Oxford Drive, on Monday, May 31 at 10 a.m.
American Flag Retirement
At the close of our Memorial Day ceremony, the Sea Cadets Division 911 and Boy Scouts will retire worn American flags. If you are replacing your American flag this spring, please join us for our Memorial Day commemoration. You may also bring retired flags to the Village Hall before the event.
1 Olde Half Day Road, Lincolnshire, IL 60069 Phone: 847-883-8600 | Fax: 847-883-8608 Monday-Friday: 8:30 a.m. - 4:30 p.m. CT