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Home My WebLink AboutT11-24Ordinance No. T11-24 AN ORDINANCE ADOPTING THE 2025 BUDGET IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE WHEREAS, the City Council of the City of Elgin has provided for the preparation and adoption of an annual budget in lieu of passage of an appropriation ordinance for the fiscal year 2025; and WHEREAS, a tentative annual budget has been prepared, notice given and a tentative annual budget made available for inspection for at least seven days; and WHEREAS, the City Council of the City of Elgin, Illinois, has examined said annual budget and has heard all persons appearing and desiring to be heard concerning said annual budget. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That the tentative annual budget heretofore prepared by the budget officer and placed on file as required by statutes of the State of Illinois is hereby adopted in lieu of the passage of an appropriation ordinance for the fiscal year 2025 and is attached hereto. Section 2. That the budget officer is hereby authorized and directed to cause to be prepared and published the 2025 annual budget. Section 3. That this ordinance shall be in full force and effect from and after January 1, 2025. Presented: December 18, 2024 Passed: December 18, 2024 Vote: Yeas: 9 Nays: 0 Recorded: December 18, 2024 Published: December 18, 2024 Attest, Kimberly Dewi , Clerk City of Elgin, IL 2025 Budget Consolidated 2023 General Fund Revenue Property Tax $27,542,290 $27,800,000 $271800,000 Police Pension 8,382,240 11,719,470 12,440,650 Fire Pension 6,302,860 9,326,850 9,493,060 Sales Taxes 38,987,970 37,180,000 39,203,000 Income Tax 18,335,300 19,000,000 20,200,000 Ambulance Revenue 8,442,830 8,000,000 8,500,000 Telecommunications Tax 1,556,890 1,374,000 1,500,000 Beverage Tax 1,825,190 1,700,000 1,700,000 Natural Gas Tax 2,678,330 2,750,000 2,000,000 Electricity Tax 4,124,180 4,200,000 4,200,000 Local Motor Fuel Tax 1,677,190 1,700,000 1,700,000 Refuse Fee 7,747,850 8,006,230 8,190,240 Licenses, Permits & Fines 5,952,680 5,007,350 4,610,290 Charges for Services 4,288,700 3,824,230 3,915,120 Transfers In 6,916,860 7,457,760 8,014,100 All Other 18,406,350 15,499,970 23,376,570 $293,410 Mayor and Council $284,970 $311,600 City Clerk 316,140 325,400 362,050 Office of the City Manager 1,264,810 2,147,070 2,094,920 Economic Development 799,020 1,734,150 1,989,800 Legal 1,335,200 1,376,240 1,281,450 Boards/Commissions 492,420 513,570 554,920 Cultural Arts & Events 2,499,480 3,918,250 4,634,300 Non -Departmental 14,934,300 26,782,060 22,148,500 Finance 2,552,720 2,759,600 2,897,100 Human Resources 1,046,840 1,728,260 1,877,290 Information Technology Systems 1,793,180 2,127,860 2,156,400 Purchasing 373,530 504,130 572,380 Neighborhood Services 3,612,200 4,056,500 4,292,520 Community Development 1,244,660 1,561,610 1,566,800 Police 54,725,940 58,869,710 62,510,970 Fire 34,688,480 35,975,110 38,188,670 Building Maintenance 3,188,840 3,750,900 3,997,120 Public Works 20,330,100 22,972,120 23,785,420 311 862,9301 940,6401 1,038,420 City of Elgin, IL 2025 Budget Consolidated MMIUM Revenue Expenditures 2,149,680 666,250 1,675,000 1,675,000 2,050,000 2,050,000 ,American Rescue Fundi (221) Emir 874,610 874,610 Revenue Expenditures 7.816,710 7,254,490 3,276,310 3,276,310 Develop.. 1 Revenue Expenditures 1,385,760 1,385,760 1,694,700 1,694,700 1,432,570 1,432,570 _l Drug Asset Forfeiture1 - Revenue Expenditures 521,790 521,790 255,000 255,000 335,000 335,000 _ Revenue Expenditures 7,884,300 5,268,260 8,900,000 13,608,720 25,211,090 25,211,090 Revenue Expenditures 147,920 0 140,000 1,100,000 190,000 190,000 �'x^{Ixl�lr Revenue Expenditures 897,200 608,340 1,000,000 1,000,000 900,000 900,000 Revenue Expenditures �f12,414,140 11,860,650 10,750,000 16,433,840 11,223,000 15,828,190 City of Elgin, IL 2025 Budget Consolidated .- Revenue Expenditures 9,006,780 8,788,760 10,135,280 10,135,280 11,173,700 11,173,700 I`ll•74C1� RBI �;.. f:}-r .+.yYO i'r Revenue Expenditures 5,794,590 7,658,380 5,000,000 9,600,000 5,400,000 10,750,000 Revenue Expenditures 601,960 753,860 626,630 945,610 647,870 1,022,290 Revenue Expenditures 10, 306,810 8,677,160 9,631,320 10,016,520 10,382,040 11,069,470 t-f�►;'�i��k3 Elgin Special Recreation Fund (297) Revenue Expenditures 1,175,800 589,350 1,259,300 1,259,300 1,425,000 + 1,425,000 Debt Service Fund Revenue Expenditures 1,920,440 1,900,140 1,991,650 2,004,150 1,975,500 1,987,500 Revenue Expenditures 81,300 81,960 0 0 0 0 Revenue Expenditures 627,080 537,560 4,333,680 4,333,680 859,970 859,970 City of Elgin, IL 2025 Budget Consolidated .- Revenue Expenditures 0 0 0 0 623,710 623,710 . DevelopmentPark Revenue Expenditures 395,770 256,360 708,000 708,000 835,000 1,041,140 'e �31a'`��JTk7 'Tyler Creek (3781 Revenue Expenditures 42,550 10 25,950 300,000 38,000 300,000 Capital Improvement (385) Revenue Expenditures 7,893,830 2,291,180 7,947,610 11,134,510 8,271,840 8,368,020 Utility •. i Revenue 40,414,440 42,687,780 Expenditures 39,269,120 44,855,600 42,010,730 47,110,060 305,000 650,000 300,000 568,500 Revenue Expenditures 1 448,220 799,870 Revenue Expenditures 960,565 55,020 405,000 405,000 505,000 720,000 W. e.�. Revenue Expenditures 5,258,510 5,251,910 4,573,000 4,666,690 7,818,000 7,490,070 Consolidated BudgetCity of Elgin, IL 2025 .• Cquipment Replacement Internal Service Funds (#'s) Revenue 6,635,860 5,355,000 7,396,610 Expenditures 6,301,060 5,895,070` 7,927,890 Revenue 4,332,280 3,289,500 3,858,720 Expenditures 5,691,240 6,402,230 6,237,350 Revenue 13,492,640 15,464,060 15,914,980 Expenditures 13,336,450 15,464,060 15,477,960 €)r"I ,Cemetery Perpetual Care (5ZO) Revenue 110,540 17,060 57,530 Expenditures 46,240 47,060 57,530 f Revenue 6,713,250 4,303,320 4,098,740 Expenditures 2,191,590 2,370,800 2,486,400 Revenue 33,323,640 25,682,150 27,897,220 Expenditures 14,072,440 14,383,760 15,431,540 Revenue 27,746,790 19,337,930 20,757,380 Expenditures 10,396,980 10,608,620 11,042,250 '.71►ITnr3• TOTAL• FUNDSALL 1 1 $367,584,290 $386,234,250