PRESERVING & PROTECTING MUNICIPAL REVENUES (AND MORE)

Every month the Northwest Municipal Conference Legislative Committee meets to discuss the latest initiatives to pursue on behalf of our collective communities (42 in total, over 1 million people represented). With the Illinois General Assembly in session, we are in full swing.

Top of the list: preserving and protecting municipal revenues. This morning we continued our discussion about the unsustainability of current state pension mandates, the critical importance of making the sure our first responders even have funds when they are set to retire, and the impact on our budgets for the long-term.

We also discussed the impact of Federal consideration of challenges to tax exemptions for muni bonds.

This body is a terrific resource for us to collaborate with our neighboring communities to achieve our goals with a bigger voice.

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