Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Claim Your Spot

Get email alerts on the Municipal Finance topic

No spam. Unsubscribe anytime.

Treasurer: Hometown saw $4.3 million LGDF loss from 2012–2025; budget materials provided

City Council of the City of Hometown · June 9, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Treasurer Roti told the council the city lost $4.3 million in local government distribution funds between 2012 and 2025 and provided budget-to-actual reports for review ahead of July approvals.

Treasurer Roti briefed the council on revenue trends and budget documents, saying the city had a recent uptick in income tax and video gaming receipts but has experienced long-term losses tied to state Local Government Distribution Fund (LGDF) changes.

"I highlighted the appropriation amounts and sent it to Gary Pearlman for approval in July. IML updated the Illinois income tax LGDF. We lost $4.3 mil between 2012-2025," Roti said. She also said she would deliver the ESAC report to the chief and mayor for approval and invited council questions.

Councilors did not make any immediate spending changes during the meeting; the Treasurer’s report was entered for committee review and follow-up.

CivIQMessage your representative