Loading...
O-59-23 For The Levying And Assessment Of Taxes For The Village Of Lemont, Cook, Will, And DuPage Counties, Illinois, For The Current Fiscal Year Commencing On May 1, 2023, And Ending On April 30, 20240-59-2-3 j418 Main Street I Lemont, IL 60439 TO: Village Board Meeting FROM: Darshana Prakash, Finance THROUGH: George Schafer, Village Administrator SUBJECT: An Ordinance For The Levying And Assessment Of Taxes For The Village Of Lemont, Cook, Will, And DuPage Counties, Illinois, For The Current Fiscal Year Commencing On May 1, 2023, And Ending On April 30, 2024 DATE: December 11, 2023 SUMMARY/BACKGROUND On October 16, 2023, the Village Board approved a proposed 2023 Property Tax levy of $4,634,278, which is 7.95% greater than the previous year. Per State Statute 35 ILCS 200/18-55, the Village is required to publish a Truth in Taxation notice in a local newspaper as well as hold a Truth in Taxation public hearing if the Corporate Purpose and Tax Extension is greater than 105% over the previous year. In order to comply with the State Statute, the Village published the Truth in Taxation notice in two local newspapers, Daily Southtown on November 1, 2023 and the Lemont Suburban Life newspaper on November 3, 2023. The Village held the public hearing on November 13, 2023. The final step to the tax levy process is for the Village Board to pass the following Ordinances: 1) 2023 Ordinance for Levying and Assessing of Taxes - On October 16, 2023 staff provided to the Village Board the 2023 Tax Levy Estimate for their consideration. The total levy was formulated by the requirements of PTELL and an estimated growth component. Passage of tonight's Ordinance is the final step to the process. 2) Ordinance establishing a Street and Bridge Tax - The Street and Bridge Tax is included in the overall 2023 Property Tax Levy. According to State Statute, an Ordinance must be passed each year for this tax. 3) Ordinance establishing a Street Lighting Tax - The Street Lighting Tax is included in the overall 2023 Property Tax Levy. According to State Statute, an Ordinance must be passed each year for this tax. 4) Ordinances Abating Taxes - Each year the Board abates Debt Service tax levies. For 2023 Tax Levy year there are seven (7) Tax Levy abatement Ordinances. These Ordinances abate taxes related to various outstanding Alternate Revenue bonds. The Village has enough funds through other dedicated alternate revenues to pay for all debt schedules. For the 2023 Property Tax Levy the total debt service levy for the Village is $0. ANALYSIS Consistency with Village Policy Budget (if applicable) STAFF RECOMMENDATION Staff recommends that the Village Board approve and pass the attached Ordinances. BOARD ACTION REQUESTED Pass the attached Ordinances. ATTACHMENTS 2023 Levying & Assessing Taxes.pdf VILLAGE OF LEMONT ORDINANCE' AN ORDINANCE FOR THE LEVYING AND ASSESSMENT OF TAXES FOR THE VILLAGE OF LEMONT, COOK, WILL, AND DUPAGE COUNTIES, ILLINOIS, FOR THE CURRENT FISCAL YEAR COMMENCING ON MAY 1, 2023, AND ENDING ON APRIL 30, 2024 ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT This 1111 day of December, 2023 Published in pamphlet form by authority of the President and Board of Trustees of the Village of Lemont, Counties of Cook, Will, and DuPage, Illinois this 1111 day of December_, 2023 ORDINANCE 0 — 6s 2023 TAX LEVY AN ORDINANCE FOR THE LEVYING AND ASSESSMENT OF TAXES FOR THE VILLAGE OF LEMONT, COOK, WILL, AND DUPAGE COUNTIES, ILLINOIS, FOR THE CURRENT FISCAL YEAR COMMENCING ON MAY 1, 2023, AND ENDING ON APRIL 30, 2024 WHEREAS, the Village Board of the Village of Lemont, Cook, DuPage and Will Counties, Illinois, did on the l Oth Day of April, 2023, pass the Ordinance adopting the FY2023-2024 Budget and Capital Improvement Plan for the fiscal year of said Village beginning on the 1st day of May, 2023 and ending on the 301h day of April, 2024, being Ordinance No. 0-14-23 as amended from time to time. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Lemont, Cook, DuPage and Will Counties, Illinois, as follows: Section 1. That the sum of Four Million, Six Hundred Thirty Four Thousand, Two Hundred and Seventy Eight ($4,634,278) Dollars, or so much thereof as may be authorized by law, is hereby assessed and levied for the General Corporate Fund, Street & Bridge Fund, Unemployment Insurance Fund, Police Protection Fund, Crossing Guard Fund, Liability Insurance Fund, Workers' Compensation Fund, Audit Fund, Social Security Fund, Police Pension Fund, Garbage Fund, Civil Defense Fund, Street Lighting Fund, Illinois Municipal Retirement Fund, Working Cash Fund, Bonds and Interest Fund and such other purposes as are hereinafter specifically described for the Fiscal Year of the Village of Lemont, Illinois, beginning May 1, 2023 and ending April 30, 2024. Section 2. That the sum of Four Million, Six Hundred Thirty Four Thousand, Two Hundred and Seventy Eight ($4,634,278) Dollars, being the total budgeted amounts heretofore legally made that are to be collected from the tax levy of the Village of Lemont for certain corporate expenses of said Village as budgeted for the fiscal year beginning May 1, 2023 and ending April 30, 2024 as passed by the Mayor and Board of Trustees of said Village at the legally convened meeting of April 10, 2023, as amended, be and the same is hereby assessed and levied for the following purposes upon all taxable property of every name, nature, and description within the corporate limits of the Village of Lemont, Cook, Will and DuPage Counties, Illinois: Tax Levy Year 2023 Corporate 2,502,841 Garbage 0 Police Pension 1,100,000 IMRF 200,000 Street and Bridge 117,969 Police Protection 400,000 Civil Defense 3,331 Social Security 100,000 Auditing 48,000 Liability Insurance 57,852 Street Lighting 75,000 Crossing Guards 10,000 Working Cash 0 Workers Comp 19,285 4,634,278 Section 3. That the amount levied for each object and purpose appears in "EXHIBIT A" in the column below after the words "AMOUNT TO BE LEVIED." Section 4. That the sum of Four Million, Six Hundred Thirty Four Thousand, Two Hundred and Seventy Eight ($4,634,278) Dollars, is hereby levied and assessed on all property subject to taxation within the Village of Lemont according to the value of said property as the same is assessed and equalized for State and County purposes. Section 5. That the Village Clerk of said Village is hereby authorized and directed to certify this Levy and Ordinance and file with the County Clerks of Cook County, DuPage County, and Will County, Illinois as provided by law. Said County Clerks are hereby authorized and directed to extend said taxes that the same may be collected in the manner other general taxes are collected, in manner and form provided by law, and this shall be sufficient authority to do so. Section 6. That this Ordinance shall be in full force and effect from and after its passage, approval, and publication in pamphlet form as provided by law. ADOPTED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COOK, WILL & DU PAGE COUNTIES, ILLINOIS on this 11th day of December , 2023. AYES NAYS PASSED ABSENT Janelle Kittridge Dave Maher Ken McClafferty Kevin Shaughnessy V V Rick Sniegowski Ron Stapleton JOHN EGOFSKE, Village President Attest: c� CHARLENE SMOLLEN, Village Clerk G�OFIF v �O v Z Is t AL 7 "�LIN0' VILLAGE OF LEMONT- 2023 PROPERTY TAX LEVY DESCRIPTION TYPE Section 1 - Mayor and Village Board Personnel Services Outside Services Material and Supplies Total Mayor and Village Board Section 2 - Admin/Finance/Legal Personnel Services Outside Services Material and Supplies IMRF Contributions Social Security Contributions Other Total Admin/Finance/Legal Section 3 - Public Works Personnel Services Outside Services Electric Expense Street Lighting Material and Supplies Other Total Public Works Section 4 - Vehicle Division BUDGETED MAY 1, 2023-APRIL 30, 2024 $84,726 7,950 1,500 $94,176 $941,794 758,322 88,700 256,891 179,892 416,700 $2,642,299 $962,842 614,599 135,000 141,100 65,000 $1,918,541 EXHIBIT A AMOUNT TO BE LEVIED $0 0 0 $0 $0 48,000 Audit Levy 0 200,000 IMRF Levy 100,000 Social Security Levy_ $348,000 $0 80,000 Street & Bridge Levy 75,000 Street Lighting Levy 37,969 Street & Bridge Levy $192,969 Personnel Services $99,424 $0 Outside Services 21,800 0 Material and Supplies 276,000 0 Total Vehicle Division $397,224 $0 Section 5 - Police Department Personnel Services $4,419,412 $2,502,841 Corporate Tax Levy 400,000 Police Protection Levy Crossing Guards 21,314 10,000 Crossing Guards Levy Outside Services 558,550 Material and Supplies 90,100 Other 358,500 Police Pension Contributions 1,300,000 1,100,000 Police Pension Levy Total Police Department $6,747,876 $4,012,841 VILLAGE OF LEMONT- 2023 PROPERTY TAX LEVY DESCRIPTION BUDGETED AMOUNT TO BE TYPE MAY 1, 2023-APRIL 30, 2024 LEVIED Section 6 - Community Dev. Dept Personnel Services $789,034 $0 Outside Services 518,798 0 Material and Supplies 5,650 0 Total Community Dev. Dept $1,313,482 $0 Section 8 - Buildings and Grounds Personnel Services $0 $0 Outside Services 200,753 0 Material and Supplies 25,483 0 Total Buildings and Grounds $226,236 $0 Section 9 - Police Commission Personnel Services $0 $0 Outside Services 6,500 0 Material and Supplies 1,000 0 Total Police Commission $7,500 $0 Section 10 - Downtown Commission Personnel Services $0 $0 Outside Services 3,000 0 Material and Supplies 5,000 0 Total Downtown Commission $8,000 $0 Section 11 - Historic District Commission Personnel Services $525 $0 Outside Services 0 0 Material and Supplies 0 0 Total Historic District Commission $525 $0 Section 12 - Emergency Management Personnel Services $66,122 $3,331 civil Dcfense Levy Outside Services 23,350 0 Material and Supplies 7,200 0 Other 20,000 Total Emergency Management $116,672 $3,331 VILLAGE OF LEMONT — 2023 PROPERTY TAX LEVY DESCRIPTION BUDGETED AMOUNT TO BE TYPE MAY 1, 2023-APRIL 30, 2024 LEVIED Section 13 - Odor Alert Network Personnel Services $0 $0 Outside Services 30,000 0 Material and Supplies $1,500 0 Total Odor Alert Network $31,500 $0 Section 14 - Video Access League Personnel Services Outside Services Material and Supplies Other Total Video Access League Section 15 - General Account $0 $0 7,090 0 0 0 22,000 0 $29,090 $0 Personnel Services $0 $0 Outside Services 165,501 57,852 Liability Levy Workers Comp 40,000 19,285 Workers Comp Levy Interfund Transfers 1,245,738 0 Material and Supplies/other 128,940 0 Total General Account $1,580,179 $77,137 Section 16 - Debt Service Fund Debt Service Payments $970,305 $0 Total Debt Service Fund $970,305 $0 Section 17 - Working Cash Fund $0 $0 Section 18 - TOD TIF Fund $49,640 $0 Section 19 - Canal TIF Fund $315,335 $0 Section 20 - Gateway TIF District Fund $343,402 $0 Section 21 - Main/Archer TIF Fund $281,433 $0 Section 22 — I & M TIF Fund $946,140 $0 Grand Total $18,019,555 $4,634,278 Total Revenue From Other Sources $13,385,277