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O-44-24 Establishing a Street Lighting TaxO-qq 2- 418 Main Street I Lemont, IL 60439 TO: Village Board Meeting FROM: Darshana Prakash, Finance THROUGH: George Schafer, Village Administrator SUBJECT: An Ordinance Establishing a Street Lighting Tax DATE: December 9, 2024 SUMMARY/BACKGROUND ANALYSIS Consistency with Village Policy Budget (if applicable) STAFF RECOMMENDATION Approve an Ordinance establishing a Street Lighting Tax. BOARD ACTION REQUESTED Approve the attached Ordinance. ATTACHMENTS 2024 Street Lighting Tax.pdf VILLAGE OF LEMONT ORDINANCE ` 1-1 ' AN ORDINANCE ESTABLISHING A STREET LIGHTING TAX ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT This 9th 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 91h day of December , 2024 ORDINANCE NO. 0-gq_z ORDINANCE ESTABLISHING A STREET LIGHTING TAX BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DU PAGE, ILLINOIS: SECTION ONE: That pursuant to 65 ILCS 5/11-80-5, the Corporate Authorities, as evidenced by the concurrence of two-thirds of all trustees elected therein, hereby levy and assess a street lighting tax of .05% of the value, as equalized or assessed by the Department of Revenue, of all the taxable property in the Village of Lemont to be used for the purpose of lighting streets for the fiscal year beginning May 1, 2024 through April 30, 2025. SECTION TWO: This Ordinance shall take effect and be in full force and effect immediately on and after its passage and approval as provided by law. All Ordinances or parts of Ordinances in conflict herewith shall be and the same are hereby repealed. The Village Clerk of the Village of Lemont shall certify to the adoption of this Ordinance and cause the same to be published in pamphlet form. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DUPAGE, ILLINOIS, on this 9th day of December , 2024. Janelle Kittridge Dave Maher Ken McClafferty Kevin Shaughnessy Rick Sniegowski Ronald Stapleton AYES NAYS ILI j ABSENT ABSTAIN G� OF !F vJOHN EGOFSKE, Village President v � Z ARLEN%SMOLLE , Village Clerk "(LINO