State Shared Municipal Revenue - MFY 2016 Revised Estimates and MFY 2017 Forecasts

Posted December 21, 2015 in Legislative briefs

State Shared Municipal Revenue - MFY 2016 Revised Estimates and MFY 2017 Forecasts

The January issue of the Illinois Municipal Review magazine offers a comprehensive review of local government revenues administered by the State of Illinois. The article describes what factors underlie tax performance, develops Municipal Fiscal Year (MFY) 2016 revised estimates and uses these revised estimates for MFY 2017 forecasts for the Local Government Distributive Fund (LGDF), Use Tax, Motor Fuel Tax (MFT) and Corporate Personal Property Replacement Tax (CPPRT).

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