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O-56-25 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, 2025, And Ending On April 30, 2026418 Main Street 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, 2025, And Ending On April 30, 2026 DATE: November 24, 2025 SUMMARY/BACKGROUND The Village of Lemont is a non -home rule taxing body and is subject to the Property Tax Extension Limitation Law (PTELL), which limits the annual increase on existing properties to the lesser of 5% or the consumer price index (CPI), plus an amount for new growth. On November 10, 2025, the Village Board approved the proposed 2025 Property Tax levy in the amount of $5,002,087, which represents a 6.75% increase over the previous year's levy. The total levy amount of $5,002,087 includes the estimated allowable CPI increase and projected new growth. Pursuant to State Statute 35 ILCS 200/18-55 and 18-75, if the proposed levy exceeds 105% of the previous year's tax extension, the Village must publish a Truth in Taxation notice and hold a public hearing. To comply with this statute, the Village completed the following steps: Published the Truth in Taxation notice on the Village's website on October 10, 2025 • Published the notice in the Daily Southtown newspaper on October 28, 2025 • Held the required Truth in Taxation Public Hearing on November 10, 2025 Passage of the 2025 Tax Levy Ordinance is the final step in the annual property tax process. In addition, the Village Board annually adopts Tax Levy Abatement Ordinances for outstanding Alternate Revenue Bonds. For the 2025 Tax levy year, there are seven (7) separate Abatement Ordinances. The Village has sufficient dedicated alternate revenues to pay the debt service obligations associated with these bonds. Accordingly, the total debt service levy for the 2025 Property Tax Levy is $0. ANALYSIS Consistency with Village Policy Budget (if applicable) STAFF RECOMMENDATION Staff recommends that the Village Board approve the attached Ordinance. BOARD ACTION REQUESTED Approve the attached Ordinance. ATTACHMENTS 2025 Levying & Assessing Taxes.pdf VILLAGE OF LEMONT ORDINANCE J r� 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, 2025, AND ENDING ON APRIL 30, 2026 ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT This 2411 day of November, 2025 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 24h day of November, 2025 VILLAGE OF LEMONT ORDINANCE 2025 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 19 2025, AND ENDING ON APRIL 30, 2026 WHEREAS, the Village Board of the Village of Lemont, Cook, DuPage and Will Counties, Illinois, on the 24th Day of March 2025, passed the Ordinance adopting the FY2025-2026 Budget and Capital Improvement Plan for the fiscal year of said Village beginning on the 1" day of May, 2025 and ending on the 301h day of April, 2026, being Ordinance No. 0-10-25 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 Five Million, Two Thousand, and Eighty Seven ($5,002,087) Dollars, or so much thereof as may be authorized by law, is hereby assessed and levied for the General Corporate Fund, Police Pension Fund, Illinois Municipal Retirement Fund, Police Protection Fund, Social Security Fund, Audit Fund, Liability Insurance Fund, Workers' Compensation Fund, and such other purposes as are hereinafter specifically described for the Fiscal Year of the Village of Lemont, Illinois, beginning May 1, 2025 and ending April 30, 2026. Section 2. That the sum of Five Million, Two Thousand, and Eighty Seven ($5,002,087) 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, 2025 and ending April 30, 2026 as passed by the Mayor and Board of Trustees of said Village at the legally convened meeting of March 24, 2025, 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 2025 Corporate 3,110,939 Police Pension 1,320,631 IMRF 2,000 Police Protection 423,562 Social Security 2,000 Auditing 58,244 Liability Insurance 63,536 Workers Comp 21,175 5,002,087 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 Five Million, Two Thousand, and Eighty Seven ($5,002,087) 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 Clerics 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 24' day of November, 2025. Samuel J. Forzley Janelle Kittridge Ken McClafferty Kevin Shaughnessy Rick Sniegowski Ron Stapleton AYES: NAYS: 5 Gt OF ZF `4o v Z Attest. :::m SEAL e�"Z�W� CHARLENE SMOLLEN, Village Clerk ABSENT: ABSTAIN: 5 JOHN EGOFSKE, Village President EXHIBIT A VILLAGE OF LEMONT- 2025 PROPERTY TAX LEVY BUDGETED AMOUNT TO BE DESCRIPTION TYPE MAY 1, 2025-APRIL 30, 2026 LEVIED Section 1 - Mayor and Village Board Personnel Services $62,851 $0 Outside Services 29,465 0 Material and Supplies 1,500 0 Total Mayor and Village Board $93,816 $0 Section 2 - Admin/Finance/Legal Personnel Services $1,082,942 $0 Outside Services 1,590,770 58,244 Audit Le,v Material and Supplies 126,450 0 IMRF Contributions 185,977 2,000 IMRF Levv Social Security Contributions 224,058 2,000 Social Security Len Other 277,000 0 Total Admin/Finance/Legal $3,487,197 $62,244 Section 3 - Public Works Personnel Services $975,794 $0 Outside Services 891,943 0 Electric Expense Street Lighting 192,400 0 Material and Supplies 211,800 0 Other 240,773 0 Total Public Works $2,512,710 $0 Section 4 - Vehicle Division Personnel Services $111,049 $0 Outside Services 24,100 0 Material and Supplies 286,000 0 Total Vehicle Division $421,149 $0 Section 5 - Police Department Personnel Services $4,712,834 $3,110,939 Corporate Levy 423,562 Police Protection Levy Outside Services 768,500 0 Material and Supplies 97,900 0 Other 50,350 0 Police Pension Contributions 1,320,631 1,320,631 Police Pension Levy Total Police Department $6,950,215 $4,855,132 VILLAGE OF LEMONT- 2025 PROPERTY TAX LEVY BUDGETED AMOUNT TO BE DESCRIPTION TYPE MAY 1, 2025-APRIL 30, 2026 LEVIED Section 6 - Community Dev. Dept Personnel Services $783,269 $0 Outside Services 625,955 0 Material and Supplies 4,400 0 Total Community Dev. Dept $1,413,624 $0 Section S - Buildings and Grounds Personnel Services $0 $0 Outside Services 268,163 0 Material and Supplies 8,500 0 Total Buildings and Grounds $276,663 $0 Section 9 - Police Commission Personnel Services $0 $0 Outside Services 19,000 0 Material and Supplies 1,000 0 Total Police Commission $20,000 $0 Section 10 - Downtown Commission Personnel Services $0 $0 Outside Services 3,800 0 Material and Supplies 5,000 0 Total Downtown Commission $8,800 $0 Section 11 - Historic District Commission Personnel Services Outside Services Material and Supplies Total Historic District Commission Section 12 - Emergency Management $250 0 0 $250 $0 0 0 $0 Personnel Services $53,106 $0 Outside Services 36,350 0 Material and Supplies 7,200 0 Other 3,125 0 Total Emergency Management $99,781 $0 VILLAGE OF LEMONT — 2025 PROPERTY TAX LEVY BUDGETED AMOUNT TO BE DESCRIPTION TYPE MAY 1, 2025-APRIL 30, 2026 LEVIED Section 13 - Odor Alert Network Personnel Services $0 $0 Outside Services 30,305 0 Material and Supplies $1,500 0 Total Odor Alert Network $31,805 $0 Section 14 - Video Access League Personnel Services $0 $0 Outside Services 6,000 0 Material and Supplies 0 0 Other 14,950 0 Total Video Access League $20,950 $0 Section 15 - General Account Personnel Services $0 $0 Outside Services 420,000 63,536 Liability insurance Ley) Workers Comp 60,000 21,175 Workinen's Comp Lew Interfund Transfers 2,851,425 0 Material and Supplies/Other 44,780 0 Total General Account $3,376,205 $84,711 Section 16 - Debt Service Fund Debt Service Payments $851,425 $0 Total Debt Service Fund $851,425 $0 Section 17 - Working Cash Fund $0 $0 Section 18 — Main/Archer TIF Fund $282,263 $0 Section 19 - Canal TIF Fund $1,818,833 $0 Section 20 — TOD TIF Fund $802,208 $0 Section 21 - Gateway TIF Fund $368,492 $0 Section 22 —1 & M TIF Fund $294,861 $0 Grand Total $23,131,247 $5,002,087 Total Revenue From Other Sources $18,129,160