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R-218-92 OPPOSING ELIMINATION OR REDUCTION OF INCOME TAX SURCHARGE FUNDINGITEM VI.C.2 RESOLUTION 218 RESOLUTION OPPOSING ELIMINATION OR REDUCTION OF INCOME TAX SURCHARGE FUNDING WHEREAS, ILLINOIS MUNICIPALITIES RECEIVED A COMMITMENT FROM THE LEGISLATURE TO PROVIDE $237,000,000 IN INCOME TAX SURCHARGE FUNDS FROM JULY 1, 1992 THROUGH JUNE 30, 1993; AND WHEREAS, THE VILLAGE OF LEMONT'S SHARE OF THIS REVENUE AMOUNTS TO APPROXIMATELY $150,000 FOR FISCAL YEAR 1992 -93; AND WHEREAS, ANY REDUCTION OR ELIMINATION OF THIS REVENUE WILL IMPOSE HARDSHIPS UPON OUR COMMUNITY'S ABILITY TO PROVIDE NECESSARY SERVICES AND EXPENSES; AND WHEREAS, THE GOVERNOR'S PROPOSED BUDGET SEEKS ELIMINATION OF THE MUNICIPAL DISTRIBUTION OF THESE FUNDS IN ORDER TO UTILIZE ADDITIONAL REVENUES AT THE STATE LEVEL. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND VILLAGE BOARD: SECTION 1: THAT THE VILLAGE OF LEMONT SEEKS THE LEGISLATURE'S SUPPORT IN OPPOSING ANY REDUCTION OR ELIMINATION OF THIS MUNICIPAL REVENUE SOURCE. SECTION 2: THAT THE VILLAGE OF LEMONT SEEKS THE LEGISLATURE'S SUPPORT IN MAKING THIS A PERMANENT MUNICIPAL REVENUE SOURCE. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS, ON THIS )7 DAY OF r( , 1992. Kenneth Bromberek Barbara Buschman Bert Ercoli Richard Kwasneski William Margalus Ralph Schobert AYES NAYS PASSED ABSENT C/^ CHARLENE M. SMOLLEN, VILLAGE CLERK APPROVED BY ME THIS DAY OF ATTEST: CHARLENE M. SMOLLEN, VILLAGE CLERK , 1992 EPH S. FOR LEY, VIL / G f' RESIDENT