O-43-24 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, 2024, And Ending On April 30, 2025418 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, 2024, And Ending On April 30, 2025
DATE: December 9, 2024
SUMMARY/BACKGROUND
On November 25, 2024, the Village Board approved a proposed 2024 Property Tax levy of
$4,824,249, which is 6.72% 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 12, 2024 and the Lemont Suburban Life newspaper on November 15, 2024. The
Village held the public hearing on November 25, 2024.
The final step to the tax levy process is for the Village Board to pass the following Ordinances:
1) 2024 Ordinance for Levying and Assessing of Taxes - On November 25, 2024 staff
provided to the Village Board the 2024 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 2024 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 2024 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 2024
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 2024
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 the attached Ordinances.
BOARD ACTION REQUESTED
Approve the attached Ordinances.
ATTACHMENTS
2024 Levying & Assessing Taxes.pdf
VILLAGE OF LEMONT
ORDINANCE ® - � �6 �q
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, 2024, AND ENDING ON APRIL 30, 2025
ADOPTED BY THE
PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT
This 911 day of December, 2024
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 91' day
of December_, 2024
VILLAGE OF LEMONT
ORDINANCE
2024 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, 2024, AND ENDING ON APRIL 30, 2025
WHEREAS, the Village Board of the Village of Lemont, Cook, DuPage and Will Counties, Illinois, did
on the 8th Day of April, 2024, pass the Ordinance adopting the FY2024-2025 Budget and Capital Improvement
Plan for the fiscal year of said Village beginning on the 1st day of May, 2024 and ending on the 301h day of April,
2025, being Ordinance No. 0-13-24 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, Eight Hundred Twenty Four Thousand, Two Hundred and Forty
Nine ($4,824,249) 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, 2024 and ending April 30, 2025.
Section 2. That the sum of Four Million, Eight Hundred Twenty Four Thousand, Two Hundred and Forty
Nine ($4,824,249) 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, 2024 and ending April 30, 2025 as passed by the Mayor and Board of Trustees of said Village
at the legally convened meeting of April 8, 2024, 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 Levv Year 2024
Corporate
2,954,249
Garbage
0
Police Pension
1,100,000
IMRF
10,000
Street and Bridge
125,000
Police Protection
400,000
Civil Defense
5,000
Social Security
5,000
Auditing
55,000
Liability Insurance
60,000
Street Lighting
75,000
Crossing Guards
15,000
Working Cash
0
Workers Comp
20,000
4,824,249
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, Eight Hundred Twenty Four Thousand, Two Hundred and Forty
Nine ($4,824,249) 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 9th day of
December , 2024.
AYES NAYS ABSENT ABSTAIN
Janelle Kittridge
Dave Maher
Ken McClafferty
Kevin Shaughnessy
Rick Sniegowski
Ronald Stapleton
G�OF�F
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Attest:
CHARLENE SMOLLEN, Village Clerk
OHN EGOFSKE, Village President
EXHIBIT A
VILLAGE OF LEMONT- 2024 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
Personnel Services
Outside Services
Material and Supplies
Total Vehicle Division
Section 5 - Police Department
Personnel Services
Crossing Guards
Outside Services
Material and Supplies
Other
Police Pension Contributions
Total Police Department
BUDGETED AMOUNT TO BE
MAY 1, 2024-APRIL 30, 2025 LEVIED
$83,651 $0
6,300 0
1,500 0
$91,451 $0
$923,751
$0
1,190,359
55,000
Audit Lew
71,085
0
221,326
10,000
IMRF Levy
189,063
5,000
Social Security Levy
160,000
$2,755,584
$70,000
$940,174
$0
728,000
80,000
Street & Bridge Levy
162,000
75,000
Street Lighting Levy
189,100
45,000
Street & Bridge Levy
741,912
$2,761,186
$200,000
$103,965
$0
22,300
0
286,000
0
$412,265
$0
$4,782,907
$2,954,249
Corporate Tax Levy
400,000
Police Protection Levy
13,720
15,000
Crossing Guards Levy
640,275
99,650
412,500
1,100,000
1,100,000
Police Pension Levy
$7,049,052
$4,469,249
VILLAGE OF LEMONT- 2024 PROPERTY TAX LEVY
BUDGETED AMOUNT TO BE
DESCRIPTION TYPE MAY 1, 2024-APRIL 30, 2025 LEVIED
Section 6 - Community Dev. Dept
Personnel Services
$890,979
$0
Outside Services
486,200
0
Material and Supplies
4,400
0
Total Community Dev. Dept
$1,381,579
$0
Section 8 - Buildings and Grounds
Personnel Services
$0
$0
Outside Services
287,434
0
Material and Supplies
8,500
0
Total Buildings and Grounds
$295,934
$0
Section 9 - Police Commission
Personnel Services
$0 $0
Outside Services
12,000 0
Material and Supplies
1,000 0
Total Police Commission
$13,000 $0
Section 10 - Downtown Commission
Personnel Services
$0 $0
Outside Services
3,500 0
Material and Supplies
5,000 0
Total Downtown Commission
$8,500 $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 $44,745 $5,000 civil Defense
Levv
Outside Services 32,100 0
Material and Supplies 7,200 0
Other 12,000
Total Emergency Management $96,045 $5,000
VILLAGE OF LEMONT — 2024 PROPERTY TAX LEVY
BUDGETED AMOUNT TO BE
DESCRIPTION TYPE MAY 1, 2024-APRIL 30, 2025 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
$0
$0
Outside Services
7,090
0
Material and Supplies
0
0
Other
35,000
0
Total Video Access League
$42,090
$0
Section 15 - General Account
Personnel Services $0 $0
Outside Services 240,000 60,000 Liability
Workers Comp 40,000 20,000 Workers Comp Levy
Interfund Transfers 1,958,514 0
Material and Supplies/other 138,000 0
Total General Account $2,376,514 $80,000
Section 16 - Debt Service Fund
Debt Service Payments
$958,514
$0
Total Debt Service Fund
$958,514
$0
Section 17 - Working Cash Fund
$0
$0
Section 18 - TOD TIF Fund
$225,475
$0
Section 19 - Canal TIF Fund
$1,399,145
$0
Section 20 - Gateway TIF District Fund
$353,882
$0
Section 21 - Main/Archer TIF Fund
$281,810
$0
Section 22 — I & M TIF Fund
$818,875
$0
Grand Total
$21,352,926
$4,824,249
Total Revenue From Other Sources
$16,528,677