Homewood stands to lose about $900,000 from its annual Local Government Distributive Fund allocation if Republican Gov. Bruce Rauner’s proposed budget is implemented as-is, according to Village Finance Director Dennis Bubenik.
As reported by The Chronicle Feb. 19, Rauner’s budget would cut LGDF payments by 50 percent, and for Flossmoor, that would be about $468,000 in lost revenue.
“While the state tightens its belt, so too must local governments and transportation agencies,”…
