Loading...
HomeMy WebLinkAboutT13-23 Ordinance No. T13-23 ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2023 AND ENDING DECEMBER 31, 2023 OF THE CITY OF ELGIN, KANE AND COOK COUNTIES, ILLINOIS WHEREAS,the City Council of the City of Elgin in the counties of Kane and Cook, in the State of Illinois, did on the 20th of December, 2023 after notice of publication and public hearing adopt a budget in lieu of an annual appropriation ordinance for said City for the fiscal year beginning January 1, 2024, the amount of which is ascertained to be the aggregate sum of $367,584,290. WHEREAS, the Constitution of the State of Illinois, 1970, grants the City of Elgin as a Home Rule Unit the power to "... exercise any power and perform any function pertaining to its government and affairs including, but not limited to, the power to regulate for the protection for the public health, safety, morals and welfare; to license; to tax; and to incur debt." NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL FOR THE CITY OF ELGIN, ILLINOIS: Section 1. That there be and there is hereby levied upon all taxable property within the corporate limits of said City of Elgin, subject to taxation for the year 2023, the total sum of $56,312,510 for all purposes of the City of Elgin,mentioned in said budget as appropriated for the current fiscal year and in the specific amounts levied for the various purposes heretofore named being included herein by being placed in a separate column under the heading "To Be Raised By Taxation" which appears over the same, the tax so levied for the current fiscal year of said City of Elgin for the certain appropriations specified herein to be collected from said tax levy, the total of which has been ascertained as aforesaid and being summarized as follows: GENERAL CORPORATE PURPOSES Estimated To Be In Accordance with Provisions of the 1970 Amount Appropriated Receipts From Raised By Constitution of Illinois,Article 7 Other Sources Taxation 01 Mayor&City Council 311,600 311,600 02 City Clerk 325,400 325,400 , 03 Office of the City Manager 2,147,070 2,147,070 05 Legal 1,376,240 1,376,240 06 Human Resources 1,728,260 1,728,260 07 311 940,640 940,640 15 Community Development 1,561,610 1,561,610 16 Neighborhood Services 4,056,500 4,056,500 17 Economic Development 1,734,150 1,734,150 19 Boards& Commissions 513,570 513,570 _ 20 Finance 2,759,600 2,759,600 21 Information Technology Systems 2,127,860 2,127,860 22 Purchasing&Risk Management 504,130 504,130 23 Police Department 58,869,710 41,941,988 16,927,722 28 Fire Department 35,975,110 25,378,080 10,597,030 33 Public Works 22,972,120 22,972,120 37 Building Maintenance 3,750,900 3,750,900 54 Cultural Arts&Events 3,918,250 3,918,250 69 Non-Departmental 26,782,060 26,782,060 TOTAL—GENERAL CORPORATE PURPOSES $172,354,780 $144,830,028 27,524,752 Add: 1%for Loss of Collection 275248_ TOTAL AMOUNT TO BE RAISED BY TAXATION-GENERAL CORPORATE PURPOSES $27,800,000 SPECIAL CORPORATE PURPOSES 220 Emergency Telephone System (E911) 1,675,000 1,675,000 221 American Rescue Plan Fund 3,276,310 3,276,310 230 Community Dev.Grant 1,694,700 1,694,700 250 Drug Asset Forfeiture Fund 255,000 255,000 _ 262 Central Area Tax Allocation Fund 13,608,720 13,608,720 263 U.S.Rte.20 Tax Allocation Fund 1,100,000 1,100,000 264 Bluff City Tax Allocation Fund 1,000,000 1,000,000 275 Elgin Riverboat Fund 16,433,840 16,433,840 290 Motor Fuel Tax Fund 9,600,000 9,600,000 294 Cemetery Operating 945,610 945,610 296 Elgin Recreation 10,016,520 10,016,520 297 Elgin Special Recreation Fund 1,259,300 12,468 1,246,8 32 Add: 1%for Loss of Collection 12,468 TOTAL AMOUNT TO BE RAISED BY TAXATION—SPECIAL RECREATION FUND $1.259,300 301 Corporate Bond Fund 2,004,150 42,120 1,962,030 Add: 1%for Loss of Collection 19,620 TOTAL AMOUNT TO BE RAISED BY TAXATION—CORPORATE BOND FUND $1,981,650 280 Social Security 3,087,950 30,574 3,057,376 Add: I%for Loss of Collection 30,574 TOTAL AMOUNT TO BE RAISED BY TAXATION—SOCIAL SECURITY $3,087,950 280 Illinois Municipal Retirement Fund 7,047,330 5,921,300 1,126,030 Add: 1%for Loss of Collection 11,260 TOTAL AMOUNT TO BE RAISED BY TAXATION—IMRF $1,137,290 Capital Improvement Funds 322 2022 GO Bond Fund 4,333,680 4,333,680 340 Park Development Fund 708,000 708,000 I 378 Tyler Creek 300,000 300,000 385 Capital Improvement Fund 11,134,510 11,134,510 Enterprise Funds 401 Utility Operating Fund 44,855,600 _ 44,855,600 420 Water Development Fund 650,000 650,000 440 Sewer Development Fund 405,000 405,000 540 Golf Operating Fund 4,666,690 4,666,690 Internal Service Funds • 601 Equipment Replacement 5,895,070 5,895,070 630 Risk Management Fund 6,402,230 6,402,230 635 Medical Insurance 15,464,060 15,464,060 Trust and Agency Funds 520 Cemetery Perpetual Care Fund 47,060 47,060 636 Retiree Medical Insurance 2,370,800 2,370,800 701 Police Pension Fund 14,383,760 2,780,324 $11,603,436 Add: 1%for Loss of Collections 116,034 TOTAL AMOUNT TO BE RAISED BY TAXATION-POLICE PENSION $11_,719.470 711 Fire Pension Fund 10.608,620 I,374,115 $9,234,505 Add: I%for Loss of Collections __. 92 345 TOTAL AMOUNT TO BE RAISED BY TAXATION-FIRE PENSION $9,326.850 TOTAL SPECIAL CORPORATE PURPOSES $195,229,510 $166,999,301 $28,230,209 Add: I% for Loss of Collections 282,301 TOTAL AMOUNT TO BE RAISED BY TAXATION FOR SPECIAL CORPORATE PURPOSES $28,512,510 GRAND TOTAL—:APPROPRIATION ALL PURPOSES $367.584,290 TOTAL RECEIPTS FROM SOURCES OTHER THAN TAXATION $311,829,329 TOTAL TO BE RAISED BY TAXATION $55,754,961 Add: I%1or Loss of Collections 557,549 TOTAL AMOUNT TO BE RAISED BY TAXATION $56,312,510 The total amount of$56,312,510 levied by this ordinance for all funds. Section 2. This ordinance shall be in full force and effect from and after its passage and publication in the manner provided by law. 3 Section 3. That the City Clerk be and is hereby directed to tile with the County Clerk of Kane County and the County Clerk of Cook County a certified cos ' of this .,4: ance., 4A i o�� David J. Kaptai , Ma ':r Presented: December 20, 2023 Passed: December 20, 2023 . ' bkit, Vote: Yeas: 9 Nays: 0 % - Recorded: December 20, 2023 d�- ' Published: December 20, 2023 "• " ` ' ti67/,("4'd ' ?ri i.) 1.t\`' imberly Dewis, C. • Clerk 4