Raise your hand if you know what “LGDF” stands for in state and local government circles here in Illinois.
For those with hands still down — a fair number of our readers, we suspect — LGDF stands for Local Government Distributive Fund. That is the share of Illinois income tax revenue distributed to cities, towns and villages to help shore up local budgets and pay for critical services like road maintenance, garbage pickup, snow removal, police and firefighters, street signs, traffic lights, libraries and parks.
