Yorkville officials tout home rule as way to enhance bond ratings

Source: Google

Source: Google

The city of Yorkville is asking voters there Nov. 8 to approve a measure which would allow the municipality to become a home rule community.

According to the WSPY article:

“Mayor Gary Golinski detailed to the council that if Yorkville would become a home rule municipality, the city would be able to incur debt beyond twenty years and continue to work to increase the city’s bond rating.”

Home rule is a mechanism that allows municipal officials to go around voters when they want to increase taxes or implement some restrictions or fees. Yorkville is trying to assuage voters that they would be protected from future decisions.

According to Kendall County Now:

Alderman Carlo Colosimo explained that the restrictions would essentially require the city follow the same non-home rule process as they do currently when seeking a tax increase, if the home rule referendum is approved.

By |2016-10-16T17:49:32+00:00October 16th, 2016|Home rule, Uncategorized|Comments Off on Yorkville officials tout home rule as way to enhance bond ratings

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