Letter: In support of a new tax for Elburn police pension purposes

By on March 15, 2012

On March 20, voters will be asked to approve a new tax to fund the pensions of village of Elburn police officers. I am writing this in support of passing the referendum.

Currently, all full-time employees of the village, including members of the Police Department, receive retirement benefits from the Illinois Municipal Retirement Fund (IMRF). IMRF is funded, in part, by the village, but the employees also contribute from their own salaries.

Illinois state law requires villages to establish a separate pension fund for the police department once the population exceeds 5,000. From the recently released 2010 census results, we learned that the population of Elburn has exceeded 5,000 residents. Now, the village of Elburn must establish a new police pension fund. Funding of the new police pension will continue to come from the salaries of the police officers, as well as from the village of Elburn.

To meet this new financial obligation, the village has two options: (i) divert funds from existing programs, or (ii) request a new tax levy. Diverting funds from existing programs could lower the quality of services we need to maintain a strong village. Levying a new tax provides the village with the financial resources required to maintain the level of public services we need, while meeting the new pension obligation now required by state law.

Not to be lost in the shuffle is the fact that when the new police pension fund is created, the police officers will no longer be part of IMRF, so the IMRF portion of the tax bill will go down.

On March 20, please join me in support our village in its effort to balance the budget, and vote “yes” for the new police pension fund tax levy.

David M. Broz
Elburn

5 Comments

  1. subzero

    March 17, 2012 at 8:30 PM

    Thank you Mr. Broz for clarifying that. It makes sense voting yes. We have a lot of fine officers in this town that are a vital part of this community.

  2. outdoor1

    March 19, 2012 at 1:36 PM

    I also support the Elburn Police and have no problem funding some of their pension. Elburn is a safe, quiet community because of the people that put theirs lives in harms way.

  3. elburn skeptic

    March 19, 2012 at 2:11 PM

    But at what price, $1.3 Million per year! and now more.

  4. OneWhoCares

    March 19, 2012 at 11:47 PM

    Really…You’ve got to kidding!Please explain why the village of Elburn has to pay more taxes for less.To pay pensions for village worker’s (police,fire & various other’s)who are public survants should be lucky to have a high paying job at this time.Contract out a lot of our service and Elburn may cut its expence in 1/2. What are the pay scales of the city personal,and what more tax is going to ba asked for.The town is being taken to the cleanner’s and sooner or later a lot of people won’t be able to stay in Elburn for the reason of constant tax increases.

  5. outdoor1

    March 20, 2012 at 2:36 PM

    Well, I don’t disagree with cutting paper pusher public sector jobs and some other services. But, emergency personnel jobs should not be touched. A good place to start cutting is the money given to public education. Almost 70% of my tax bill goes to the school system. You can cut out hundreds of thousands of dollars in salaries and things like the arts and other places to save the taxpayers of this community. Why do they always need more money and are always broke? If the village needs money there can easily be more cuts. The problem is not with Police or Fire.