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HomeMy WebLinkAboutT13-25 (2) Ordinance No. T13-25 AN ORDINANCE FOR THE LEVY AND ASSESSMENT OF TAXES FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2025 AND ENDING DECEMBER 31, 2025 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 17th of December, 2025 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, 2026, the amount of which is ascertained to be the aggregate sum of $407.628,540. 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 2025, the total sum of $65,611,940 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 7 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 277,990 277,990 02 City Clerk 402,520 402,520 �. 03 Office of the City Manager 2,506,570 2,506,570 I 05 Legal 1,355,060 1,355,060 06 Human Resources 1,683,880 1,683,880 07 311 1,!08,330 1.108,330 15 Community Development 728,870 728,870 16 Neighborhood Services 4,704,070 _ 4,704.070 17 Economic Development 2,070,610 2,070,610 19 Boards&Commissions 650,960 650,960 20 Finance 3,166,690 3.166,690 21 , Information Technology Systems i 2,397,610 2,397,610 22 Purchasing 517,940 517,940 23 Police Department 66,734,900 47,123,019 19,611,881 28 Fire Department 41,008,560 28,937,273 12,071,287 33 Public Works 28,406,640 28,406,640 37 Building Maintenance 4,200,430 4,200,430 54 Cultural Arts& Events 5,363,610 5,363,610 69 Non-Departmental 22,751,480 22,751,480 TOTAL—GENERAL CORPORATE PURPOSES $190,036,720 $158,353,552 31,683,168 Add: 1%for Loss of Collection 316,832 TOTAL AMOUNT TO BE RAISED BY TAXATION-GENERAL CORPORATE PURPOSES $32,000,000 SPECIAL CORPORATE PURPOSES 220 Emergency Telephone System (E911) 1,850,000 1,850,000 221 American Rescue Plan Fund 391,180 391,180 230 Community Dev.Grant 1,310,980 1,310,980 250 Drug Asset Forfeiture Fund 310,000 310,000 262 Central Area Tax Allocation Fund 14,983,040 14,983,040 263 U.S. Rte.20 Tax Allocation Fund 719,380 719,380 264 Bluff City Tax Allocation Fund 1.500,000 1,500,000 275 Elgin Riverboat Fund 14,468,410 14,468,410 _ 290 Motor Fuel Tax Fund 6,300,000 6,300,000 294 Cemetery Operating 1,108,750 1,108,750 296 Elgin Recreation 12,877,440 12,877,440 297 Elgin Special Recreation Fund 3,199,190 1,617,012 1,582,178 Add: 1%for Loss of Collection 15,822 TOTAL AMOUNT TO BE RAISED BY TAXATION—SPECIAL RECREATION FUND $1,598,000 301 Corporate Bond Fund 1,985,150 41,437 1,943,713 I Add: 1%for Loss of Collection 19,437 TOTAL AMOUNT TO BE RAISED BY TAXATION—CORPORATE BOND FUND $1,963.1,50 j I 280 Social Security 3,739,500 37,025 3,702,475 Add: 1%for Loss of Collection • 37,025 TOTAL AMOUNT TO BE RAISED BY TAXATION—SOCIAL SECURITY $2,239.50Sp 280 I Illinois Municipal Retirement Fund — 8,499,510 6,917,659 1,581,851 I Add: 1%for Loss of Collection 15,819 TOTAL AMOUNT TO BE RAISED BY TAXATION—IMRF i $1.597.670 Capital Improvement Funds I 322 ' 2022 GO Bond Fund —I 480,750 _ 480.750 • - 324 2024 GO Bond Fund I 119,770 119,770 n 325 2025 GO Bond Fund 99,000 99,000 340 Park Development Fund 274,600 274,600 378 Tyler Creek 0 0 385 Capital Improvement Fund 21,376,020 21,376,020 Enterprise Funds 401 Utility Operating Fund 48,461,590 48,461,590 420 Water Development Fund 1,000,000 1,000,000 440 Sewer Development Fund 1,472,000 1,472,000 540 Golf Operating Fund 6,374,810 6,374,810 Internal Service Funds 601 Equipment Replacement 8,872,090 8,872,090 630 Risk Management Fund 6,557,590 6,557,590 635 Medical Insurance 17,526,920 17,526,920 Trust and Agency Funds 520 Cemetery Perpetual Care Fund 47,510 47,510 636 Retiree Medical Insurance 3,045,420 3,045,420 701 Police Pension Fund 16,490,580 2,585,709 $13,904,871 Add: 1%for Loss of Collections 139,049 TOTAL AMOUNT TO BE RAISED BY TAXATION- POLICE PENSION $14.043.920 711 Fire Pension Fund 12,150,640 1,586,581 $10,564,059 Add: 1%for Loss of Collections 105,641 TOTAL AMOUNT TO BE RAISED BY TAXATION - FIRE PENSION $10,669,740 TOTAL SPECIAL CORPORATE PURPOSES $217,591,820 $184,312,673 $33,279,147 Add: 1%for Loss of Collections 332,793 TOTAL AMOUNT TO BE RAISED BY TAXATION FOR SPECIAL CORPORATE PURPOSES $33,611,940 GRAND TOTAL—APPROPRIATION ALL PURPOSES $407,628,540 1 _ TOTAL RECEIPTS FROM SOURCES OTHER THAN TAXATION $342,666,225 TOTAL TO BE RAISED BY TAXATION $64,962,315 Add: I%for Loss of Collections 649,625 TOTAL AMOUNT TO BE RAISED BY TAXATION $65,611,940 The total amount of$65,611,940 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 file with the County Clerk of Kane County and the County Clerk of Cook County a certified c y of this inance. David J. Kap yor Presented: December 17, 2025 Passed: December 17, 2025 Vote: Yeas: 8 Nays: 1 Recorded: December 17, 2025 Published: December 17, 2025 y;....,, - imberly ewis, ty erk 4