Dupage Policy Journal

Dupage Policy Journal

Wednesday, November 20, 2019

Gov. Rauner may reduce Wheaton's funding by $2.6 million

By Mark Reccek | Apr 16, 2015

Wheaton

If Gov. Bruce Rauner has his way, Wheaton, Illinois, could lose $2.6 million, or 6.4 percent, of the city's general fund revenues.

Rauner recently announced his intention to decrease the Local Government Distributive Fund (LGDF), money that is distributed to municipal governments throughout the state.

The amount of money the city may lose represents 65 percent of the general fund's capital projects budget, 75 percent of the general fund's public works personnel costs, 44 percent of the fire department's personnel costs and 23 percent of the police department's personnel costs.

If replaced with property tax dollars, the city would need to increase the general fund property rate by 11.6 percent, or $0.14 per $100 of equalized assessed valuation.

Want to get notified whenever we write about ?

Sign-up Next time we write about , we'll email you a link to the story. You may edit your settings or unsubscribe at any time.