Rep. Mike Coffey Responds to Funds Being Cut from Local Municipalities and Counties
Springfield, IL…State Representative Mike Coffey (R-Springfield) says local governments should not be a source of revenue to supplement a budget deficit due to fiscal mismanagement by the state. After the State of The State and Budget Address, Coffey raised a red flag after learning about the Local Government Distributive Fund (LGDF) share rates being reduced by the State of Illinois. He explains how this change negatively impacts local municipalities and counties across the state.
“I’m extremely disappointed to hear about our state taking even more revenue from local governments to help fund a budget deficit,” said Coffey. “Cutting the LGDF revenue share to just 6.28% will risk property tax increases to Illinoisans who already pay the highest rates in the nation. We must have a government that works efficiently and right now we don’t so it’s costing taxpayers even more and creating burdens on local municipalities.”
The LGDF is a revenue sharing policy established in 1969 that allocates a percentage of state income taxes for investments in essential programs and services such as police departments, roads, and infrastructure.
The FY27 budget includes a $16 million cut from the Local Government Distributive Fund. The Illinois Municipal League (IML) has stated this reduction in shared revenue forces local governments to consider raising property taxes or cutting services to make up for the loss.
Coffey continued, “Our community does not deserve to be punished by higher taxes because of failed policy and overspending. I want to see the LGDF restored to 10% so more tax dollars go to necessary programs and services that strengthen our communities which is why I cosponsor House Bill 4294.”
For more information contact Rep. Coffey’s office at 217-782-0053 or [email protected].
Representative Mike Coffey serves the constituents of Illinois’ 95th House District that includes parts of Sangamon County, including portions of the City of Springfield and Villages of Chatham and Rochester as well as parts of Macon and Christian Counties.
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