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HomeMy WebLinkAboutT19-07 (2) Ordinance No. T19-07 AN ORDINANCE PROVIDING FOR A SENIOR CITIZEN PROPERTY TAX PROGRAM FOR THE 2006 TAX YEAR BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That there is hereby established a$200.00 senior citizen property tax refund of the 2006 real property taxes levied by and collected for the City of Elgin. Section 2. That to qualify for the$200.00 senior citizen property tax refund the owner(s)of the subject property must have qualified and obtained for the 2006 tax year the Senior Citizens Homestead Exemption in accordance with 35 ILCS 200/15-170, as amended. Section 3. That senior citizens qualified to receive the $200.00 tax refund shall be identified through county property tax records for the 2006 tax year. The Fiscal Services Group Director is directed to work with the appropriate county officials to determine the most expeditious method for processing the property tax refund to the qualified senior citizens. The refund shall be mailed to the address of the residence which has qualified for the senior citizens homestead exemption except where a different mailing address has been provided to the Fiscal Services Group Director in writing by a senior citizen qualifying for the property tax refund. Section 4. That all ordinances or parts of ordinances in conflict with the provisions of this ordinance be and are hereby repealed. Section 5. That this ordinance shall be in full force and effect from and after its passage and publication in the manner provided by law. s/Ed Schock Ed Schock, Mayor Presented: June 13, 2007 Passed: June 13, 2007 Omnibus Vote: Yeas: 7 Nays: 0 Recorded: June 14, 2007 Published: June 15, 2007 Attest: s/Jennifer Quinton Jennifer Quinton, Acting City Clerk OF <c� f4.0 City of Elgin Agenda Item No. May 18, 2007Fir TO: Mayor and Members of the City Council '! FROM: Olufemi Folarin, City Manager srohle James R. Nowicki, Fiscal Servi s Director cit) c r SUBJECT: Senior Citizen Property Tax Rebate Program PURPOSE The purpose of this memorandum is to provide the Mayor and members of the City Council with an update on the Senior Citizen Property Tax and Senior Citizen Mobile Home rebate programs, and to request direction on proceeding with the rebate program for 2007. RECOMMENDATION /• It is recommended that the City Council approve the Senior Citizen Tax Rebate Program for f, 2007. BACKGROUND The ordinance providing for a Senior Citizen Property Tax Program was originally approved September 11, 1996. The costs associated with the rebate program for the previous two years were as follows: Senior Citizen Property Tax Rebates COUNTY # OF REBATES DATE ISSUED AMOUNT Kane 2006 2,163 @ $200 July 2006 $432,600 2005 2,124 @ $200 July 2005 $424,800 Cook 2006 720 @ $200 November 2006 $144,000 2005 718 @ $200 November 2005 $143,600 ion. Senior Citizen Rebate Program May 18, 2007 Page 2 Senior Citizen Mobile Home Rebates COUNTY # OF REBATES DATE ISSUED AMOUNT Kane 2006 381 @ $35 August 2006 $13,335 2005 419 @ $35 August 2005 $14,665 Cook 2006 36 @ $35 November 2006 $1,260 2005 35 @ $35 November 2005 $1,225 Miscellaneous Supplies: envelopes, paper, toner, parcel index, postage, computer lists, and advertising (rounded) 2006 $2,055 2005 $5,755 Staff costs: program administration, computer programming, check printing, check reconciliation (rounded) 2006 $3,882 2005 $4,900 Total Senior Citizen Program costs 2006 $597,132 2005 $594,945 Due to enhancements in the way data is collected from the Kane and Cook Counties, mailing of the checks in-house and other innovations, the miscellaneous cost for 2006 were reduced. It is expected that the rebates in 2007 (for tax year 2006) will be similar to or slightly higher than those paid out in the previous years due to the addition of the Edgewater subdivision, a Del Web Community. , • • r. Senior Citizen Rebate Program May 18, 2007 Page 3 In order to move forward with the 2007 Senior Citizen Rebate program, approval from the City Council is requested. COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED Kane County Supervisor of Assessments and Cook County Assessor's Office. 9tigINANCIAL IMPACT The 2007 budget includes $825,000 for the Senior Citizen Rebate program in the Riverboat Fund, account number 275-0000-791.79-01, Grants/Senior Citizen Homeowners, project number 202010, Senior Citizen Rebates. There are sufficient funds available to pay for this program. vstp\i LEGAL IMPACT None ALTERNATIVES (11"6 1. The Council may choose to approve the Senior Citizen Rebate Program for 2007. 2. The Chouncil may choose not to approve the Senior Citizen Rebate Program for 2007. Respectfully submitted for Council consideration. JRN/mlm r