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| 1 | SENATE RESOLUTION
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| 2 | WHEREAS, Numerous municipalities across Illinois are | ||||||
| 3 | struggling to provide the required basic services, including | ||||||
| 4 | public safety and public works, because of mounting debt and | ||||||
| 5 | structurally insufficient tax bases; and
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| 6 | WHEREAS, The financial situations in small and | ||||||
| 7 | medium-sized municipalities garner little, if any, public | ||||||
| 8 | attention, leaving the public and the Illinois General Assembly | ||||||
| 9 | in the dark and lacking independent information about such | ||||||
| 10 | challenges; and
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| 11 | WHEREAS, The public has a right to understand the depth and | ||||||
| 12 | scope of financial problems facing municipalities in order to | ||||||
| 13 | contemplate solutions; and
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| 14 | WHEREAS, The Illinois General Assembly needs to understand | ||||||
| 15 | the depth and scope of financial problems facing municipalities | ||||||
| 16 | in order to effectively govern the State and ensure adequate | ||||||
| 17 | basic services to all residents; and
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| 18 | WHEREAS, Municipalities are required to submit annual | ||||||
| 19 | financial information to the Illinois Comptroller under the | ||||||
| 20 | Governmental Account Audit Act, including an accounting of | ||||||
| 21 | revenue, expenditures, and debt; and
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| 1 | WHEREAS, The Illinois Comptroller is required to make such | ||||||
| 2 | information public and to produce an annual report under the | ||||||
| 3 | Fiscal Responsibility Law; and | ||||||
| 4 | WHEREAS, The Illinois Comptroller is statutorily required | ||||||
| 5 | to appoint an advisory board of local government officials and | ||||||
| 6 | certified public accountants, known as the Local Government | ||||||
| 7 | Advisory Board; and
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| 8 | WHEREAS, An annual report delineating municipalities that | ||||||
| 9 | are in financial distress would help the public and Illinois | ||||||
| 10 | General Assembly understand and address such challenges that | ||||||
| 11 | may threaten the public welfare; therefore, be it
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| 12 | RESOLVED, BY THE SENATE OF THE NINETY-NINTH GENERAL | ||||||
| 13 | ASSEMBLY OF THE STATE OF ILLINOIS, that we urge the Comptroller | ||||||
| 14 | to collaborate with the Local Government Advisory Board to | ||||||
| 15 | develop metrics that will help identify municipalities with a | ||||||
| 16 | population of less than 100,000 that are in financial distress; | ||||||
| 17 | and be it further
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| 18 | RESOLVED, That we urge the Comptroller to produce an annual | ||||||
| 19 | report to the public delineating municipalities in financial | ||||||
| 20 | distress and the metrics used to determine such a designation; | ||||||
| 21 | and be it further | ||||||
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| 1 | RESOLVED, That a suitable copy of this resolution be | ||||||
| 2 | delivered to the Comptroller.
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