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R-516 - 01/08/1991 - TAX - Resolutions r O#A"Ir P44S t�y►o�ts 2Ne.M�S•�RU1�aLtw TAX—ZNuM* SOW-WW-011 QtXTiNfI=Mt OC SKRcM RESOLUTION R- 516 SSE ALSO: A RESOLUTION SUPPORTING MENSION OF THE I wow TA8 SURCHARGE f{ i f. WHEREAS, Dupage County municipalities must provide an increasing array of services, including those mandated by state law, to the fastest growing region in Illinois; and WHEREAS, local governments in Illinois must rely on the property tax for a larger share of their operating revenues (35%) than do their counterparts in other states (28% nationwide); and i WHEREAS, tremendous inequalities exist between the non-property tax revenue sources available to home rule municipalities and non-home rule „ municipalities since non-hone rule municipal revenue sources are limited to those identified in state statutes; and WHEREAS, the Illinois General Assembly has continued to mandate personnel costs, pension benefits, health and safety improvements, and property tax exemptions without regard to local funding needs; and " WHEREAS, 65% of the property tax bill in Dupage County is used to fund the schools, including community colleges, while Illinois' share of state funding for schools is among the lowest in the nation; and WHEREAS, the majority of DuPage County municipalities, which account for less than 10% of the total property tax bill, have used their income tax surcharge revenue responsibly by funding capital projects or decreasing other tax rates or levies; and WHEREAS, the income tax is generally believed to be fairer, easier to administer, and more in keeping with the ability to pay than the property tax; and WHEREAS, the General Assembly has devoted a portion of the temporary income tax surcharge to Illinois municipalities in an effort to augment municipal services while providing property tax relief; and WHEREAS, the income tax surcharge, including that portion devoted to municipalities, will expire June 30, 1991; and 1 WHEREAS, any effort to restructure the Illinois property tax system will require a comprehensive examination of its effect on the ability of over 6,000 units of local government to provide needed local services, including those ow dated by the State; NOD! THER'.FORE, HE IT RESOLVED by the Village president and Hoar d of ! Trustees of the Village of Oak Brook that if the General Assembly considers th e sur C rar g e issue before the regular lar spring rim g session, that the income tax !I f surcharge be permanently extended, provided that any effort to restructure II �i Resolution R- 516 Supporting Extension of Income Tax Surcharge i Page 2 Illinois property tax system be developed by a statewide task force comprised of local officials (municipal and otherwise), state revenue experts, and business and taxpayer representatives; and BE IT FURTHER RESOLVED that such a task force be charged with examining the property tax assessment system, the need for alternative revenue sources for local governments, and the role of unfunded state mandates in increasing local government costs. i PASSED AND APPROVED this 8th day of January , 1992 by the President and Board of Trustees of the Village of Oak Brook, DuPage and Cook Counties, Illinois according to a roll call vote as follows: Ayes: Trustees Bartecki, Bushy, Daher, Payovich, Rush, Winters and President Cer�ie Nays: None Absent: None Abstain: None . . Oyt /7 i Vi lage President ATTEST: l/ Village -clerk a:itx f{ J. I j I� i i'