Wilmette Could Face $1.2 Million Deficit Over State IOU's
Village weighs consequences as legislators discuss cutting municipalities' share of income taxes.
As the start of the fiscal year nears, Wilmette is among the municipalities gearing up to produce a budget. While the village presented a projected balanced budget in October 2010, it now faces a $1.2 million shortfall as the state seeks to manage its fiscal matters by possibly cutting remittances to cities and towns. While the state already owes the village more than $500,000, some politicians in Springfield are discussing withholding an additional $647,000. “The state is tardy in payments they owe the village,” Village President Christopher Canning said in an e-mail to Patch. There are issues with state payments to municipalities across Illinois, Assistant Village Manager Kathleen Gargano said in another e-mail. “First, the state has …
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Margaret Mcintyre
8:37 am on Thursday, April 28, 2011
By eliminating just the excess Superintendent's/Assistant Superintendents, IL (and NorthShore taxpayers) would save $625,805 per year--with NO effect on class size or the children. Most likely, friends in Springfield will say, "Why wasn't Chris Canning talking to Ray Lechner during the recent 6.5 mm referendum Tsunami? If North Shore residents expect Springfield to bail them out, North Shore will… more ›