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April 18, 2014, 3:05 am

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Quinn Budget Proposal Could Cost City Hundreds of Thousands A Year


A budget proposal from Governor Pat Quinn's office could cost the City of Springfield and other municipalities shared income tax revenue.

 

Alderman Sam Cahnman is requesting an ordinance be drafted for passage by the city that would urge the Governor and the General Assembly against capping shared income tax revenue at last year's levels.

 

Budget Director Bill McCarty said the proposal from Quinn's office has been estimated to cost the city between $600,000 to $1.3 million in the first year.

 

Cahnman says that number could increase year-after-year.

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