HomeMy WebLinkAbout3043_001MINUTES
COMMITTEE OF THE WHOLE
JANUARY 9, 1996
1. CALL TO ORDER
Mayor Gerald Farley called the meeting to orderat 7:32 p.m. Present at the
meeting were: Mayor Gerald L. +Farley; Trustees George Clowes,, Timothy
Corcoran, Richard Hendricks, Paul Hoefert; and Michaele' Skowron. Absent from
the meeting was: Trustee Irvana Wilks. Also present were: Village Manager
Michael Janonis, Assistant Village Manager David Strahl, Community Development
Director William Cooney, Planner ,Kenneth Fritz, Planning Coordinator Daniel
Ungerleider, Public Works Director Glen Andler and Engineering Inspector Sean
Won.
II. MINUTES
Acceptance: of the Minutes of November 28, 1995. Motion made by Trustee
Clowes and Seconded by Trustee'Hoefert to approve the Minutes. Minutes were
approved.
Acceptance of the Minutes of December 12, 1995. Motion made by Trustee
Clowes and Seconded by Trustee Skowron. Trustee Clowes requested a revision
on page 5. Board members approved the Minutes with the revision. Trustees
Hoefert and Corcoran abstained.
III. CITIZENS TO BE HEARD
None.
IV, PRIVATE IND TRY C UNCIL $CHO—LAR5HIP AWARD,
The PIC Scholarship Award was presented to Susan Rominskl as the third annual
Mayor's Scholarship recipient,
1
General comments by, the Village Board members included the following items:
Some encouragement should be considered for additional pedestrian ways and the
encouragement of the use of bicycles along this Corridor if possible. There was
also some discussion concerning the proposed road improvements. In addition,
there was some discussion concerning' whether the Village should stimulate
redevelopment through possible purchase of properties along the Corridor. Some
Board members voiced concerns about addressing the Busse Road area prior to
the County approaching the Village with an improvement plan which may not be
conducive to Village ,goals. Some Board members requested that additional
consideration be undertaken to address the traffic concerns at Malas Park.
Community Development Director William Cooney stated that if the Village Board
approves the action plan, the Corridor . Study then becomes part of the
Comprehensive Plan 'although this Corridor Plan will not .be considered legally
binding but just a guide for future development and redevelopment.
Village Manager Michael Jannis stated staff will review the comments presented
by the Village 'Board and bring back a revised document with the comments
included or addressed and will review the possibility of a five -lane cross section
from Arthur to Melas Park. The staff will also review the action plan and determine
what the estimated costs of such actions might be.
Consensus of the Village Board was to reconsider the Study for final review at an
upcoming Committee of the Whole meeting in February and the staff will then
provide list of projected Corridors for the pillage Board to consider in the future.
VI. ' MANAGEWS REPORT
Coffee with Council is scheduled for January 13 at 9:00 a.m.
VII. ANY OCHER BUSINESS
Trustee Hendricks stated that Village staff` should administer Codes consistently
and is concerned that the staff has not been consistent in addressing the zoning
of the Pop Shop which is currently owned by the Mt Prospect Park District.
3
VILLAGE OF MOUNT PROSPECT
.
FINANCE DEPARTMENT
TO: Michael E. Janonis, Village Manager
FROM: David C. Jepson, Finance Director 0c.
DATE: January 11, 1996
SUBJECT: Budget Expenditure Comparisons
During the Committee of the Whole meetings to review the 1996 Budget, a number of questions were
raised regarding the percentage increase of the 1996 Budget compared to last year's budget. On these
occasions, we pointed out that in prior years these comparisons were made on a "Budget to Budget"
basis. However, because of the short budget last year we were unable to compare the 1996 Budget
to comparable 12 month budget amounts. As a result, in an attempt to provide some basis of
comparison, we compared the 1996 Budget to 1994/95 actual expenditures. This presented some
problems because it covered a 20 month period rather than a 12 month period and actual 1994/95
expenditures included unusual occurrences which either inflated or deflated certain expenditures.
Although it is common practice to compare the total budget with the prior year, a comparison of total
budget figures may not be the appropriate measure of the real budget change. Some of the reasons
total budget figures are not comparable from year-to-year are because of interfund transactions,
pension payments and capital expenditures. Interfund transactions actually result in a duplication of
expenditures and should be excluded from any comparisons. Pension payments represent the actual
payments to Police and Fire Department Retires and changes from year-to-year are dependent on the
number of retirees receiving benefits and benefit changes. Capital expenditures may vary significantly
from year-to-year depending on the availability of funds and thus can distort totals. Accordingly, I
believe a comparison of the total budget from one year to the next year has limited value.
In the original analysis of the 1996 Budget that I gave you, I stated that the total budget had an overall
"adjusted" increase of 6%. Then based on a request by Trustee Clowes, I prepared a schedule where
I only excluded interfund transactions. In this case, the net increase was 6.99%. In the first instance,
I excluded Internal Service Funds, Pension Payments, and Capital Projects. In the second case I only
excluded interfund transactions. Needless to say, although these statements were accurate as stated,
they are confusing.
To add to the confusion, we also usually compare the changes in the General Fund from year-to-year.
The General Fund provides the funding for many of the services provided directly to the public such
as police, fire, public works (except for water), and human services. We typically relate the General
Fund to "operating expenditures" and point out the changes from one year to the next to show how
operating costs are being controlled.
Michael E. Janonis
Page 2
Budget Expenditure Comparisons
I have been concerned over these potentially confusing comparisons and have been trying to come up
with a meaningful and a consistent basis for budget comparisons in the future. In the Budget we group
budget expenditures by "funds" and "service areas* and then present a variety of summary information
based on these groupings. An analysis of these groupings indicates that we have six very distinct
expenditure patterns. In fact, a more in-depth analysis shows that we actually have six distinct
"budgets" within our budget document.
The six distinct budgets are listed below:
Village Operating Budget Pension Systems Budget
Village Capital Budget Internal Services Budget
Debt Service Budget Mount Prospect Library Budget
The Opemting Budget includes all the General Fund services mentioned above as well as Refuse
Disposal and Water and Sewer services. The addition of Water Fund and Refuse Disposal Fund
expenditures to General Fund expenditures provides a more complete picture of daily operations than
just the General Fund.
I believe the items included in the Village Capital Budget, the Debt Service Budget, Pension Systems
Budget, Internal Services Budget, and the Mount Prospect Library Budget are self-explanatory and are
very distinct expenditure groupings. A comparison of these six budgets along with overall budget
totals from 1994/95 actual to the 1996 Budget are listed below:
Budget PUMM
1994/95
AMW
1996
BudlZ
20 Month
% In
Annualized
% Increase
Village Operating Budget
$29,134,454
$32,018,480
9.90%
5.94%
Village Capital Budget
6,217,438
7,254,620
16.68%
10.01%
Debt Service Budget
2,935,205
3,434,510
17.01%
10.21%
Pension Systems Budget
1,610,623
1,893,570
17.57%
10.54%
Internal Services Budget
2,663-803
___3.974,420
49.20%
29.52%
Village Totals
$42,566,523
$48,575,600
14.12%
8.47%
Mount Prospect Library Budget
2,725237
3,565.000
30.81%
18.49%
Budget Totals
W-221.7
152,140,
15.12%
9.07%
A review of the above summary shows the annualized increase of the total budget at 9.07%, the
annualized Village budgets at 8.47% and the Village Operating Budget at 5.94%.
Michael E. Janonis
Page 3
Budget Expenditure Comparisons
A more compelling reason for comparing budget amounts by these groupings can be seen by
comparing the 1996 Budget with the 1997 Forecast Budget:
The above summary shows that the total Village budget actually decreases 1.06% from 1996 to 1997.
However, the Village Operating Budget increases 4.29% which is fairly consistent with prior
experience.
The changes in the Capital Budget, the Debt Service Budget, Pensions, and Internal Services are areas
that need to be evaluated and controlled. However, I believe the focus should be on the operating
budget. The Operating Budget is much less susceptible to fluctuation and represents the major portion
of expenditures that are controllable by management.
Attached are revised 1996 Budget pages 1, 2, 5 and 6 which reflect these changes. Page 1 is the
graphic overview of the total budget and page 2 shows total Revenues and Other Sources, Budget
Expenditures, and the Changes In Fund Balances from 1994/95 - 1997. Pages 5 and 6 then show the
expenditure groupings which make up the six distinct budgets.
DCJ/sm
Enc
1996
1997
%
Budget Purpose
Budget
Forecast
Chanae
Village Operating Budget
$32,018,480
$33,393,590
4.29%
Village Capital Budget
7,254,620
4,594,250
(36.67%)
Debt Service Budget
3,434,510
3,723,915
8.43%
Pension Systems Budget
1,893,570
2,048,790
8.20%
Internal Services Budget
3.9 ,42
_74
43W 160,
8.20%
Village Totals
$48,575,600
$48,060,705
(1.06%)
Mount Prospect Library Budget
(not available)
The above summary shows that the total Village budget actually decreases 1.06% from 1996 to 1997.
However, the Village Operating Budget increases 4.29% which is fairly consistent with prior
experience.
The changes in the Capital Budget, the Debt Service Budget, Pensions, and Internal Services are areas
that need to be evaluated and controlled. However, I believe the focus should be on the operating
budget. The Operating Budget is much less susceptible to fluctuation and represents the major portion
of expenditures that are controllable by management.
Attached are revised 1996 Budget pages 1, 2, 5 and 6 which reflect these changes. Page 1 is the
graphic overview of the total budget and page 2 shows total Revenues and Other Sources, Budget
Expenditures, and the Changes In Fund Balances from 1994/95 - 1997. Pages 5 and 6 then show the
expenditure groupings which make up the six distinct budgets.
DCJ/sm
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VILLAGE OF MOUNT PROSPECT
11"6 BUDGET SUMMARY
TMAL VILLAGE BUDGET
Revenues & Other Sources
(2&1%)
(4.4%)
(10.2%)
(20.8%) (9.2%)
Jzirsuarw 1- December 31, 1996
82 Property Taxes
$8,382,300
6.2%) 10 Other Taxes
13,563,400
ME Licenses & Permits
2,260,080
=11ntergovt Revenue
5,316,600
= Service Charges
10,767,250
(7,50/o 111 Investment Income
4,787,500
ON Other Revenues
2,885,250
%) 90 other Sources
3,907,500
-------------- .........
Village Totals
....
$51,869,880
Library Revenues
3,565,000
Budget Resources
. . .............
$55,434,880
L-uary I -_P—Tker311M
..t9 6
ME Operating Budget
$32,018,480
111 Capital Budget
7,254,620
WM Debt Service Budget
3,434,510
F--3 Pensions Budget
1,893,570
W Internal Services
3,974,420
Village Totals
$48,575,600
Library Expenditures
3,565,000
Budget Expenditures
$52,140,600
The purpose of this graphic is to provide an overview of the total Village of Mount Prospect budget for January 1,
1996 through December 31, 1996. The schedule on the next page shows Revenues and Other Sources of
Financing, Budget Expenditures and Available Fund Balances for 199495 through 1996. More detailed schedules
are included on pages 3 - 6.
1
VUA AGE OF MOUNT PROSPECT
19% BUDGET SUMMARY
TOTAL VILLAGE BUDGET
Actual Budget Estimated Budget Forecast
94-95 May -Dec 95 May -Doc 95 1996 1997
REVENUES AND OTHER SOURCES
Property Taxes
$ 8,032,026
$ 4,794,900
$ 4,335,300
$ 8,382,300
$ 8,718,100
Other Taxes
11,503,773
9,266,800
8,951,700
13,563,400
13,916,800
Licenses, Permits, & Fees
2,225,200
1,906,520
2,014,720
2,260,080
2,349,380
Intergovernmental Revenue
4,982,358
3,481,000
3,508,325
5,316,600
5,451,500
Charges for Services
9,252,678
7,156,900
7,192,750
10,767,250
11,387,650
Fines and Forfeits
432,941
220,000
307,500
448,000
459,000
Investment Income
3,878,607
2,884,310
3,288,515
4,787,500
5,021,470
Reimbursements
304,314
427,400
394,900
497,400
258,000
Other Revenue
1,791,143
1,487,550
1,187,050
1,939,850
2,120,700
Interfund Transfers
206,000
140,000
140,000
62,500
105,000
Other Financing Sources
3.731.405
81.500
181.500
3.845.000
62.000
Village Revenues and Other Sources
$46,340,445
$31,846,880
$31,502,260
$51,869,880
$49,849,600
Mount Prospect Library Revenues
2.839.266
2.900.000
2.900.000
3.565.000
(1)
Total Revenues and Other Sources
$49,179,711
$34,746,880
$34,402,260
$55,434,880
(1)
BUDGET EXPENDITURES
Village Operating Budget
$29,139,454
$22,062,775
$20,615,560
$32,018,480
$33,393,590
Village Capital Budget
6,217,438
7,803,950
6,968,210
7,254,620
4,594,250
Debt Service Budget
2,935,205
3,390,090
3,390,335
3,434,510
3,723,915
Pension Systems Budget
1,610,623
1,320,980
1,196,050
1,893,570
2,048,790
Internal Services Budget (2)
2.663.803
2.434,940
2.515,400
3.974.420
4.300.160
Total Village Expenditures
$42,566,523
$37,012,735
$34,685,555
$48,575,600
$48,060,705
Mount Prospect Library Budget
2.725.237
2.900.000
2.900.000
3.565 000
(1)
Total Budget Expenditures
$45,291,760
$39,912,735
$37,585,555
$52,140,600
(1)
CHANGES IN FUND BALANCES
Excess (Deficiency) of Revenues &
Other Sources Over Expenditures
$ 3,887,951
$(5,165,855)
$(3,183,295)
$ 3,294,280
(1)
Fund Balances (3)
Start of Budget Year
0,w4¢,1544
66,753.04Q
x.91 455
64, 2(7.164
_ (_1)
End of Budget Year
67,310,455
61,587,185
64,127,1,60
67,421,440
(1)
Less: Pension Fund Balances (4)
(45362,37 )
(47,481 2 4)
J43,,�,855)
50 862 330)
(1)
Available Fund Balances
$21,948,080
$14,105,965
$16,727,310
$16,559,11.0
(1)
(1) Not available as of December 20, 1995.
(2) Internal Services Budget includes the Vehicle Maintenance Fund and the Risk Management Fund only. The
Equipment Replacement Fund is included with the Village Capital Budget.
(3) Fund balances represent total fund equity less long-term receivables in the governmental funds, net working capital
of the proprietary funds, and total fund equity of the pension funds.
(4) Pension Fund Balances are reserved for pension benefits and not available for appropriation.
2
VILLAGE OF MOUNT PROSPECT
1"6 BUDGET SUMMARY
BUDGET EXPENDITURES
Actual Budget Estimated Budget Forecast
94-95 May -Dec 95 May -Dec 95 1996 1997
VILLAGE OPERATING BUDGET
Public Representation $ 71,627 58,040 58,040 78,575 79,585
Village Administration
Village Manager's Office
458,415
304,360
310,005
489,875
499,600
Communications Division
198,471
134,385
138,490
231,430
226,230
Village Clerk's Office
192,641
139,085
143,860
209,575
215,875
Finance Department
987,609
660,280
679,575
1,073,800
1,123,525
Totals
1,837,136
1,238,1110
1,271,930
2,004,680
2,065,230
Community Development
Community Development 996,992 736,435 797,510 1,159,010 1,248,760
Comm Development/CDBG 466,162 410,500 398,225 405,900 398,500
Totals 1,463,154 1,146,935 1,195,735 1,564,910 1,647,260
Human Services Department 428,166 310,085 291,460 477,540 500,905
Public Safety and Protection
Police Department 6,913,003 5,066,420 4,846,170 7,636,695 8,057,210
Fire Department 5,711,502 4,148,520 3,997,420 6,013,095 6,312,770
Totals 12,624,505 9,214,940 8,843,590 13,649,790 14,369,980
Public Works Department
P W - Administration
887,453
641,980
626,485
947,170
991,210
P W - Streets/Bldgs/Parking
1,620,696
1,200,600
1,191,305
1,708,575
1,775,255
P W - Forestry
805,749
541,080
517,885
829,035
863,410
P W - Engineering
646,774
487,940
487,420
723,250
751,010
P W - Water/Sower
6,167,554
4,693,085
4,577,635
7,082,585
7,129,580
P W - Refuse Disposal
2,453,999
2,340,525
1,408,035
2,741,250
2,994,450
Totals
12,582,225
9,905,210
8,808,765
14,031,865
14,504,915
Community Service Programs 132,641 159,455 146,040 181,120 185,715
Contingencies - 30,000 30,000 40,000
5
VILLAGE OF MOUNT PROSPECT
19% BUDGET SUMMARY
BUDGET EXPENDITURES
Actual Budget Estimated Budget Forecast
94-95 May -Dec 95 May -Dec 95 1996 1997
VILLAGE CAPITAL BUDGET
Vehicle Maintenance Services
Village Improvements & Equip
423,684
445,500
286,610
1,725,150
1,502,100
Community Improvement Projects
51,163
95,000
82,000
362,500
55,000
Downtown Redevelopment Constr
1,035,937
310,000
263,050
439,300
565,000
Flood Control Projects
1,880,272
390,500
345,525
2,149,825
157,500
Street Improvement Projects
1,933,678
5,536,250
5,106,250
1,684,120
1,324,850
Police & Fire Bldg Project
19,541
127,500
27,500
53,925
68,500
Motor Equipment Pool
873,163
899,200
.............
857,275
839,800
921,300
Total Capital Budget
6,217,438
7,803,950
6,968,210
7,254,620
4,594,250
DEBT SERVICE BUDGET
Vehicle Maintenance Services
Debt Service - Other Funds
156,789
-
-
-
-
Debt Service - Property Tax
1,077,622
1,056,035
1,056,040
819,515
684,830
Debt Service - Tax Increment
356,042
454,410
454,410
520,895
666,310
Debt Service - Home Rule Sales Tax 1
1,099,615
1,180,305
1,180,545
1,377,775
1,519,380
Debt Service - Home Rule Sales Tax 2
153,547
641,080
641,080
659,305
791,685
Debt Service - Special Service Area
91,590
58,260
58,260
57,020
61,710
Total Debt Service Budget
2,935,205
3,390,090
3,390,335
3,434,510
3,723,915
PENSION SYSTEMS BUDGET
Vehicle Maintenance Services
Miscellaneous Pensions
45,438
45,230
42,250
52,970
54,190
Police Pensions
742,995
531,500
524,800
838,300
906,300
Fire Pensions
822,190
744,250
6297000
1,002,300
1,088,300
Total Pension Budget
1,610,623
17320,980
1,196,050
1,893,570
2,048,790
VILLAGE INTERNAL SERVICES BUDGET
Vehicle Maintenance Services
- 606,040
606,600
918,470
952,710
Risk Management
Casualty and Property Insurance
711,744 417,900
394,800
610,050
622,050
Medical Insurance
1,952,059 1,411,000
1,514,000
2,448,900
2,725,400
Total Internal Services Budget
2,663,803 2,434,940
2,515,400
3,974,420
4,300,160
48i1'7`�
MOUNT PROSPECT LIBRARY BUDGET 2,725,237 2,900,000 2,900,000 3,565,000 (1)
(1) Not Available as of December 20, 1995,
6
V IILLAGE OF MOUNT PROSPECT
FINANCE DEPARTMENT
INTEROFFICE MEMORANDUM
TO: Michael E. Janonis, Village Manager
FROM: David C. Jepson, Finance Director
DATE: January 18, 1996
SUBJECT: Proposed 1996 Bond Issue
Included in the 1996 Budget is a provision for a bond issue to finance certain capital projects. When
the Budget was developed, we had anticipated a total bond issue of $3.6 million. However, due to
more accurate project costs and the availability of funds in the Flood Control Construction Fund, the
revised amount is $3.15 million. Following is a listing of the projects to be financed:
Project Description
Flood Control Projects:
See-Gwun/Milbum
Maple/Berkshire
Downtown Redevelopment:
Downtown Streetscape
Facade & Buildout Program
Senior Center Parking Lot
Central/Northwest Hwy Impry
Other Projects:
Opticom Replacement
Melas Park Improvement
Geo -Base System Software
Total
Project Costs
$1,292,000
745,000
$2,037,000
$ 525,000
100,000
105,000
25,000
Aluddul MIC
$ 205,000
300,000
205,000
$ 710,000
To Be Financed
By Bond Proceeds
$1,100,000
600,000
$1,700,000
100,000
100,000
25,000
$ 750,000
11 111
11 111
11 NON
lot
11 111
Totals $3,502,000 $3,150,000
Michael E. Janonis
Page 2
Proposed 1996 Bond Issue
I discussed the timing of a bond issue in 1996 with Ron Norene and he stated that competition is very
keen at this time and that rates are at a cyclical low. His recommendation is to go to the market as
early as possible. Mr. Norene has estimated that we should be able to sell these bonds with a ten-year
maturity at a net interest rate of less than 4.5%.
If the Village Board would authorize the bond sale of $3.15 million on February 6, 1996, it would be
possible to open bids on March 5, 1996 for acceptance that evening by the Village Board. A copy
of a Tentative Financing Timetable is attached.
I also asked Mr. Norene to evaluate our outstanding bond issues to see if the Village could refund any
of these issues. We had previously refunded the 1987 and 1991 bond issues, which leaves the 1992,
1993 and 1994 issues eligible for refunding. However, the interest rates on the remaining installments
of the 1992 series range from 4.6 % to 5.4 %, the 1993 series range from 4.2 % to 4.5 %, and the 1994
series range from 4.3 % to 4.35 %. He said with these rates there would not be any savings from a
possible refunding.
I concur with Mr. Norene's evaluation that a refunding would not be feasible and that we should go
to the market as soon as possible. It is my recommendation that we ask the Village Board to authorize
a $3.15 million bond issue at the February 6, 1996 Village Board meeting with a tentative sale on
March 6, 1996. It is also my recommendation that R. V. Norene and Associates be named as
Financial Advisor and Lewis Greenbaum be named as Bond Counsel for this issue.
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01:17'96 12:37 R. 1). NOREHE & ASSOC. 708-998-5503 002/304
R.V. NORENE & Associates, Inn, —
VILLAGE OF MOUNT PROSPECT, ILLINOIS
GENERAL OBLIGATION BONDS, SERIES 1996
Tentative financing TilM.C.1401P
Tuesday, February 0, 1996 Village Staff recommend bond bid opening on Tuesday, March 5, 1996 and
requests Doard to direct staff and n. V. Norene & Associates, Inc. (nVNaA) to
prepare the necessary information. Bond issue amount determined by Board.
Thursday, February $, 1996 RVN&A mail news release regarding March 5, 1996 bid opening,
RVN&A fax text for "New On Calendar" and 'Sealed Bids" to The Bond Buyer
and mall Summary Notice of Sale to the Wall Street Journal for publication on
Tuesday, February 27, 1996.
Tuesday, February 13, 1996
RVN&A mall draft of Official Statement, Official Notice of Sale/Bid Form to Village
for review and telephone comments by Noon, Friday, February 16, 1996.
Friday, February 16, 1996
Village telephone RVN&A with comments on Official Statement.
Monday, February Is, 1$90
RVN&A provide pr1liter with uwllvla really ttml of 01e oftial 5tatetlte,tl, offluidl
Notice of Sale/Bid Form.
Tuesday, February 24, 1996
RVN&A mail all Information to Moody's for investment rating.
RVN&A mall (first mailing) printed Offlolal Statement, Officlal Notice of Sato/Bid
Form to dealer banks and investment bankers/underwriters.
Thursday, February 22, 1996
RVN&A award Bond Printing Contract (proof approval by Lewis Greenbaum *I
Katten Muchin & Zavis) with bonds to be prInieci only If winning bidder so
selects,
Monday, February 26, 1996
RVN&A mail (second mailing) to investing institutions and investment advisors.
Tuesday, February 27, 1996
RVN&A publish Summary Notice of Sale in Midwest edition of the Wall Street
Journal,
Tuesday, March 5, 1996
Bond Bid Opening at 12:00 Noon, C.S.T., at the offices of R.V. Norene &
Astiucldlvbj ITO] LuKu Avvnuvt 5u1W 215, Gluilvivwt llliFluib Willi dwisfu d"d
adoption of tax levy ordinance at regular meeting of the Board that evening
(publication of ordinance immediately thereafter by pamphlet).
Wednesday, March 6, 1006
Bond Counrol provido proof approval to bond printor or, if applicable, provide
Information to applicable depository for Global Book Entry.
Tuesday, March 26, 1996
Deliver bonds to purchaser and receive proceeds.
(Board Meetings 1st and 3rd Tuesdays of each month)
FEBRUARY MARCH
6 M T W Th F 5 S M T W Th F 0
1 2 3 1 2
4 6M 7 a 9 10 3 4 f=,W6K 6 7 8 9
11 12 13 14 16 16 17 10 11 12 13 14 15 16
18 19 M 21 22 23 24 17 18 = 20 21 22 23
25 26 27 28 29 24 25 26 27 26 29 30
31
R. V. Norene & Associates, Inc.
January 17,19P§
January 5, 1996
Mr. Dave Jepson
Finance Director
Village of Mount Prospect
100 Emerson St,.
Mount Prospect, 11.60056
Dear Dave:
CITY OF PARKI,IDGE
505 BUTLER PLACE
PARK RIDGE, IL 60068
TEL: 708 / 318-5200
FAX: 708 / 318-5300
TDD: 708 / 318-5252
Enclosed are the results of the annual community survey. We appreciate your continued
participation in this survey. We conduct this survey each year as a planning tool for our City
Council. We have also received many favorable remarks on its usefulness from the participating
communities.
Although we have attempted to only utilize data for like expenditures, it is not possible to
compare quality of services provided in such a survey.
In order for comparison to be uniform, we add or subtract amounts from the budget figures we
are given to make all municipalities comparable. For example, the budgets of the municipalities
utilizing a private scavenger service were increased by the amount paid by all households for the
scavenger service.
Thank you for your continued participation. If you have any questions, please call.
Sincerely,
,.tom.----. »
Diane I�en1 sis Kristin N. Daze as
Finance Director Assistant Finance Director
PER CAPITA EXPENDITURE COMPARISON
JANUARY, 1996
- . ...... ... --.— ...........
Adjusted budget includes total municipality budget including MFT, Library, garbage service and
,excluding Park District, Electric Utility, Sanitary Districts, Community Development Block Grants,
Bus Service, Flood Control Proceeds, Employee Retirement Contributions, Sewage Treatment, Tax
Increment Financing Districts, and Performing Arts Center.
*PRIVATE SCAVENGER SERVICE
The budget has been increased by the amount paid by all households for scavenger service..
A Adjusted budget reflects annualized eight month fiscal year.
COST PER
ADJUSTED
CAPITA OF
RANK MUNICIPALITY
BUDGET
POPULATION
GOVERNMENT
1
WINNETKA
19,203,812
12,174
1,577.44
2
WILMETTE A
38,851,002
26,530
1,464.42
3
NILES
32,862,115
28,384
1,157.77
4
NORTHBROOK*
35,653,793
32,308
1,103.56
5
ELMHURST
45.764,311
42,029
1,088.87
6
SKOKIE
60,455,092
59,432
1,017.21
7
OAK PARK
54,456,227
53,648
1,015.07
8
NAPERVILLE
101,804,701
100,422
1,013.77
9
SCHAUMBURG*
74,113,806
73,800
1,004.25
10
GLENVIEW
38,416,750
38,437
999.47
11
ARLINGTON HEIGHTS*
76,541,600
77,000
994.05
12
DOWNERS GROVE*
43,806,662
46,825
935.54
13
DES PLAINES
44,097,514
53,414
825.58
14
PARK RIDGE
28,387,900
37,075
765.69
15
MT. PROSPECT
40,224,677
53,168
756.56
MEAN
48,975,997
48,976
1,047.95
*PRIVATE SCAVENGER SERVICE
The budget has been increased by the amount paid by all households for scavenger service..
A Adjusted budget reflects annualized eight month fiscal year.
County
COMPARABLE COMMUNITY COMPARISON
ANNUAL REVENUES RECEIVED FROM AVERAGE HOME
JANUARY 1996
Vehicle Dog Garbage Recycling
LicenseLicense Charge" Charge
City Total Total
Yard Waste Water Utility Sewer Property Direct
Charge Bili Tax Charge Tax- Payments Position
Assumptions for
1.00
104 Bags
12 Bags
97,000
$2,900
$
38,500
Sample Family
1.00
Neutered
Yearly
Yearly
Gallons
Yearly
EAV
Oak Park
C
45.00
10.00
96.12
20.40
230,86
161.54
45.00
817.74
1,426.66
1
Elmhurst
CJD
24.00
2.50
132.72
14.40
322.25
121.44
296.82
272.20
1,186.33
2
Naperville
D1W
4.00
17.40
324.34
166.22
236.56
349.93
1,098.44
3
Arlington Heights
C
25.00
10.00
213.24
8.40
339.50
95.10
543.24
1,234.48
4
Glenview
C
20.00
10.00
156.00
21.60
252.20
150.00
72.75
399.25
1,081.80
5
Winnetka
C
20.00
10.00
21.00
221.92
72.25
678.37
1,023.54
6
Park Ridge
C
30.00
8.00
15.00
245.88
162.29
507.43
968.60
7
Mt. Prospect
C
30.00
5.00
15.00
269.66
60.00
28.13
458.15
865,94
8
Wilmette
C
40.00
5.00
18.00
114.14
150.00
136.19
377.69
841.01
9
Downers Grove
D
156.00
18.00
298.31
69.00
116.73
182.95
840.99
10
Des Plaines
C
25.00
3.00
89.16 30.00
13.80
236.05
24.80
408.10
829.91
11
Skokie
C
10.00
5.00
12.00
175.10
10.40
604.45
816.95
12
Northbrook
C
25.00
10.00
128.64
23.70
291.00
43.65
264.88
786.87
13
Schaumburg
C/D
17.00
2.00
142.56
278.39
5.20
33.95
479.10
14
Niles
C
15.00
12.00
221.16
90.00
247.56
585.72
15
Mean
25.08
6.50
139.31 22.50
16.59
254.72
97.57
107.01
436.57
937.76
Counties: Cook (C);
Lake (L); DuPage (D); Will (W)
' The following municipalities offer a
senior clt€zen discount for vehicle licenses: Elmhurst, Arttngton
Heights, Glenview, cit, Prosper, Wilmette, ikrs P#a#nes, Northbeook. Schaumburg, and Niles
" Assumes once per
week pickup where alternative levels of garbage service are available.
i
It is possible that homes are assessed differently by county.
However, in this report it is assumed that all were assessed equally after application of the state equalization factor. Reassessments
root made in the same year for all participants which can create some degree of Inaccuracy for the property tax comparison.
are
SUPPLEMENTAL REVENUE SOURCES
Package Liquor Tax Food & Beverage Tax Gasoline Tax
Rate Revenue(2) Rate Revenue(3) Rate Revenue
1% 1,063,036
3% 60,244
2% 83,973
1%
0.75% 535,636
2%
1% 195,732 1 %
2% 3,377,676
Property Transfer Tax
Rate Revenue
436,000 $211,000 397,330
$311,000 392,260
$3!1,000
Ambulance Charge
785,000 $311,000
Rate(1)
Revenue
Arlington Heights
$1001150
200,000
Des Plaines
$01$250
100,000
Downers Grove
$01$300
178,350
Elmhurst
592,923
575,000
Glenview
41,426
5%
Mt. Prospect
$01125
44,971
Naperville
$1501$300
4%
Niles
$01125
86,844
Northbrook
$110
110,000
Oak Park
$1751275
313,350
Park Ridge
$1501$250
17,346
Schaumburg
$501100
130,166
Skokie
$01100
12,500
Wilmette
Winnetka
$2501300
73,279
SUPPLEMENTAL REVENUE SOURCES
Package Liquor Tax Food & Beverage Tax Gasoline Tax
Rate Revenue(2) Rate Revenue(3) Rate Revenue
1% 1,063,036
3% 60,244
2% 83,973
1%
0.75% 535,636
2%
1% 195,732 1 %
2% 3,377,676
Property Transfer Tax
Rate Revenue
436,000 $211,000 397,330
$311,000 392,260
$3!1,000
494,853
785,000 $311,000
2,800,000
$311,000
470,841
$871,000
1,465,178
164,855 $271,000
299,956
$171,000
298,602
$371,000
601,011
$371,000
592,923
When two rates are shown, the first rate is for residents and the second is for non-residents, except for Park Ridge, Oak Park and VVnnetka where the
anced Life Support. Downers Grove implemented the ambulance service charge in 1995188; therefore, the revenue shown is at the budgeted amount.
For Oak Park, this amount also Includes liquor served In restaurants.
For Arlington Heights, 11M. Prospect and Schaumburg, this amount Includes package liquor.
Hotel Tax
Rate
Revenue
4%
852,900
4%
396,047
2%
332,325
3%
213,217
5%
589,206
3%
23,196
3.4%
575,000
2%
41,426
5%
210,000
4%
50,000
4%
244
4%
1,681,346
3%
365,322
Support and the second is for
SUPPLEMENTAL REVENUE SOURCES
(4) Sales tax revenue Includes horns rub sales tax receipts
(5) Schaumburg residents pay 1 % of the total phone bili for the Emergency 911 surcharge.
I
Local Option
Emergency 911 Surcharge
Amusement
Sales Tax
Sales Tax
Per
Annual
Tax
Revenue (4)
Rate Revenue
Customer
Revenue
Revenue
Arlington Heights
13,798,515
0.500% 3,356,295
18,500
Des Plaines
8,382,466
0.500"/6 1,442,219
1.00
462,449
Downers Grove
9,972,529
Elmhurst
9,926,047
0.250% 1,146,473
Glenview
4,438,932
1.00
285,161
Mt. Prospect
7,030,209
0.500% 1,307,567
0.30
120,000
Naperville
13,053,197
0.50
360,000
Niles
12,459,006
0.500% 3,307,469
1.00
247,065
Northbrook
6,351,700
0.50
181,000
15,300
Oak Park
3,240,965
0.75
286,298
Park Ridge
3,318,201
1.00
268,839
Schaumburg (5)
28,055,359
0.500% 6,948,249
1%
562,168
Skokie
14,214,101
0.750% 4,613,543
Wilmette
2,346,494
Winnetka
1,094,418
(4) Sales tax revenue Includes horns rub sales tax receipts
(5) Schaumburg residents pay 1 % of the total phone bili for the Emergency 911 surcharge.
I
VILLAGE OF MOUNT PROSPECT -1 --
FINANCE DEPARTMENT � C 401
INTEROFFICE MEMORANDUM
TO: Michael E. Jannis, Village Manager
FROM: David C. Jepson, Finance Director 52&
DATE: January 22, 1996 0—
SUBJECT: Supplement to the 1996 Park Ridge Survey C rl
Included in the annual Park Ridge Survey are the *Adjusted Budget* amounts for each municipality along
with the "Cost of Government per Capita.* Survey methodology includes adjusting each municipality's
budget as necessary to include only the expenditures for similar basic services. Services included are police
and fire protection, emergency ambulance service, street maintenance, human services,.refuse disposal, water
and sewer service, administrative services and library services. Services excluded are electric utilities, parks
and recreation, grant projects, services performed outside the municipality, and sewage treatment. Also
excluded are projects financed from bond proceeds, interfimd transfers, payments to Internal Service Funds,
and contingencies.
Mount Prospect's 1995 Adjusted Budget of $40,224,677 was determined in the following manner:
Village 1995 Estimated Budget
$47,112,090
Library 1995 Estimated Budget
2.861.500
$49,973,590
Less:
Bond Proceeds for Capital Projects
(3,234,200)
Internal Service Funds
(4,285,605)
Pension Funds
(1,785,380)
CDBG Projects
(393,728)
Forest River Fire Protection District
j50,00M
Totals
yo -M-0
The Village's 1995 Estimated Budget is 97% of the Village's 1996 Approved Budget.
As a supplement to the reports that were included with the Park Ridge Survey, I have prepared two
schedules which relate the Park Ridge Survey figures to the Village's budget. The first schedule shows the
Cost per Capita and the Cost per Household for various Village services and the second schedule shows how
the 'direct payments, that a typical household makes are allocated.
The first schedule shows the cost of Village services to a typical Mount Prospect household at $1,842-30
along with $141.09 as Mount Prospect Library costs. The second schedule shows that a typical household
makes direct payments of $754 to the Village and $112 to the Library.
As a point of interest, I am also attaching the last page of the KipMger Washington Newsletter of
January 14, 1996 which shows the amount a typical household pays the federal government.
Enclosures
VILLAGE OF MCiUM PROSPECT
Per Capita Expenditures - 199S Adjusted Budget (1)
Paris Ridge Survey
January 1996
$576.71 $1,511.90
Village Capital Budget (3) 63.61 165.97
Village Debt Service 62.72 164
.43
Total Village Budget $702.74 $1,842.30
Mount Prospect Library Budget 53.82 141.09
Total Village Costs M6.5 $1,983.22
(1) 1995 Adjusted Budget equals 97% of the Village's 1996 Approved Budget less amounts excluded per
the Park Ridge Survey.
(2) Based on 20,281 households as of the 1990 Census. Average number in a household equals 2.62
people.
(3) The Capital Budget excludes amounts financed by bond proceeds.
Cost Per
Cost Per
Capita
Household (2)
Village Opetrating Budget
Public Rep ntation(V. p.
$ 1.43
$ 3.75
Village Admintstrahon(Mya, U,4", V. e-.
36.61
95.98
Community Development
21.16
55.47
Human Services
8.72
22.86
Police Protection
139.45
365.58
Fire Protection
109.80
287.85
P/W - Streets/Bldgs/Grounds
76.84
201.44
P/W - Water and Sewer
129.33
339.05
P/W - Refuse Disposal
50.06
131.24
Community Programs
3.31
8.68
$576.71 $1,511.90
Village Capital Budget (3) 63.61 165.97
Village Debt Service 62.72 164
.43
Total Village Budget $702.74 $1,842.30
Mount Prospect Library Budget 53.82 141.09
Total Village Costs M6.5 $1,983.22
(1) 1995 Adjusted Budget equals 97% of the Village's 1996 Approved Budget less amounts excluded per
the Park Ridge Survey.
(2) Based on 20,281 households as of the 1990 Census. Average number in a household equals 2.62
people.
(3) The Capital Budget excludes amounts financed by bond proceeds.
Annual Revenues Received From Typical dome (1)
Paris Ridge Survey
January 1996
General Government
Vehicle License $ 30
Dog License 5
Utility Taxes 60
Property Taxes (2) -M
Refuse Disposal
Yard Waste Cbarges $ 15
Property Taxes (2) m
Water & Sewer Service * EXc"pE3 o rnz cis .s OM wAz I E,% X -9—A -A.
Water Service $270
Sewer Service —2
Debt Service - Property Taxes (2)
Police & Fire Pension - Property Taxes (2)
Total Direct Payments to the Village
Mount Prospect Library - Property Taxes
Total Direct Payments
(1) Direct Payments based on assumptions used in the Survey.
(2) Property Taxes apportioned by 1995 Tax Levy.
$288
105
298
34
754
The zovIt s ends 8 for ave 7 it collects in tax revenues...
26 straight years of deficits. That why we're $4.9 TRILLION in debt.
Took at what the stov"t costs you personally in the taxes you pay
for various programs. It will wake the budget much more real to you.
Even though the budget for fiscal 196 still hasn't been nailed down,
the year that began Oct. 1, spending will be close to the figures below.
SupposeYourhave
familyincomeis $79.000 for husband and wife.
Both work and Allow about $24,000 for deductions
and personal exemptions. Your federal tax bite adds up to about $16,000,
counting $10,200 in income tax. and $5800 in social security and Medicare.
You can adjust numbers hi her or lower to fit, your own situation.
If your tax bits. is $30,000, for example, Medicare cats up 11.1X or $3330.
Then look over the table and decide where you would make cuts.
Your very truly,
+ r
Jan. 19, 1996 THE RIPLINGER ASH TON TORS
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POSTUASTM
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S.nd W*Wdw"O The MtlYl4iayNA {AC,,, IN" MY, Wahl. 0c zm3m 0R yW W FAX VS Ay:W77L/0T1
Fiscal 196 §pjqdin&
Share
Your
(in billions)
Of Total
Share
Social security
Defense (not including pensions)
$352
$264
21.8%
$3488
Net interest on the debt
$242
16.3%
15.0%
$2608
$2400
Medicare (minus premiums paid)
$179
11.1%
$1776
Medicaid
Welfare (but not food stamps
$99
6.1%
$976
or unemployment)
Pensions (civilian and military)
$75
$68
4.6%
$736
Education and job programs
$57
4.2%
3.5%
$672
$560
Veterans
Transportation
$38
2.3%
$368
Food stamps$27
$38
2.3%
$368
Unemployment
$24
17%
$. 272
Law enforcement
$20
1.5%
$240
Environment and resources
$20
1.2%
1.2%
$192
$192
Health (but not Medicare or Medicaid) $19
1.1%
$176
Earned -income tax credit
$18
1.1%
$176
Science and space
International, including foreign
$17
aid $17
1.0%
$160
Agriculture
$13
1.0%
$160
General govt operations
$11
.8%
.7%
$128
$112
Regional and local development
$9
.5%
$80
Energy
Disaster relief
$4
$4
.2%
$32
Commerce
$3_
.2%
.2X
$32
32
TOTALS (after rounding)
$1.62 trillion
100%
$16,000
To balance the 196 budget,
The problem is,
you have to cut about
$180 billion.
everyone benefits from something or other... the young,
the old, the poor, disabled, farmers, veterans, businesses and schools.
That's why politicians are so fainthearted about dealing
with deficits.
Your very truly,
+ r
Jan. 19, 1996 THE RIPLINGER ASH TON TORS
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POSTUASTM
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CITY OF PARKRIDGE
505 BUTLER PLACE
PARK RIDGE, IL 60068
TEL- 708 / 318-5200
PAM R=M�GE FAX: 708 / 318-5300
1 TDD: 708 / 318-5252
January 5, 1996
Mr. Dave Jepson
Finance Director
Village of Mount Prospect
100 Emerson St,.
Mount Prospect, I1.60056
Dear Dave:
Enclosed are the results of the annual community survey. We appreciate your continued
participation in this survey. We conduct this survey each year as a planning tool for our City
Council. We have also received many favorable remarks on its usefulness from the participating
communities.
Although we have attempted to only utilize data for like expenditures, it is not possible to
compare quality of services provided in such a survey.
In order for comparison to be uniform, we add or subtract amounts from the budget figures we
are given to make all municipalities comparable. For example, the budgets of the municipalities
utilizing a private scavenger service were increased by the amount paid by all households for the
scavenger service.
Thank you for your continued participation. If you have any questions, please call.
Sincerely,
Diane LemTsi:,�-- Kristin 1°d.1C*azeas
Finance Director Assistant Finance Director
MOUNT Piuz�f---c
VILLAGE OF T'
FINANCE OV
1 81996]
I [: 8 1996
JAN I
IRECF-mt)
COMPARABLE COMMUNITY COMPARISON
ANNUAL REVENUES RECEIVED FROM AVERAGE HOME
JANUARY 1996
City
Total
Total
County
Vehicle
Dog
Garbage Recycling Yard Waste
Water
Utility
Sewer
Property
Direct
License
License
Charge" Charge Charge
Bill
Tax
Charge
Tax-
Payments
Position
Assumptions for
1.00
104 Bags 12 Bags
97,000
$2,900
$ 38,500
Sample Family
1.00
Neutered
Yearly Yearly
Gallons
Yearly
EAV
Oak Park
C
45.00
10.00
96.12 20.40
230.86
161.54
45.00
817.74
1,426.66
1
Elmhurst
C/D
24.00
2.50
132.72 14.40
322.25
121.44
296.82
272.20
1,186.33
2
Naperville
DAN
4.00
17.40
324.34
166.22
236.56
349.93
1,098.44
3
Arlington Heights
C
25.00
10.00
213.24 8.40
339.50
95.10
543.24
1,234.48
4
Glenview
C
20.00
10.00
156.00 21.60
252.20
150.00
72.75
399.25
1,081.80
5
Winnetka
C
20.00
10.00
21.00
221.92
72.25
678.37
1,023.54
6
Park Ridge
C
30.00
8.00
15.00
245.88
162.29
507.43
968.60
7
Mt. Prospect
C
30.00
5.00
15.00
269.66
60.00
28.13
458.15
865.94
8
Wilmette
C
40.00
5.00
18.00
114.14
150.00
136.19
377.69
841.01
9
Downers Grove
D
156.00 18.00
298.31
69.00
116.73
182.95
840.99
10
Des Plaines
C
25.00
3.00
89.16 30.00 13.80
236.05
24.80
408.10
829.91
11
Skokie
C
10.00
5.00
12.00
175.10
10.40
604.45
816.95
12
Northbrook
C
25.00
10.00
128.64 23.70
291.00
43.65
264.88
786.87
13
Schaumburg
C/D
17.00
2.00
142.56
278.39
5.20
33.95
479.10
14
Niles
C
15.00
12.00
221.16
90.00
247.56
585.72
15
Mean
25.08
6.50
139.31 22.50 16.59
254.72
97.57
107.01
436.57
937.76
Counties: Cook (C); Lake (L);
DuPage (D); Will (W)
' The fo ving munfdpatlUes oiler a senku duan dtacount for vohik :Elmhurst, Artinglon Heights, Glenview, Mt. Prospect,
Wilmette, L)es Plaines, Northbrook, Schaumburg, and Niles
Assumes once per week pickup where altemadve levels of garhage service are available.
1- it is possible that homes are assessed differently by county. However, In this report it Is assumed that all were assessed equally after application of the state equalization
factor. Reassessments
Inot made in the same year for all
participants which
can create some degree of Inaccuracy for the property tax comparison.
are
SUPPLEMENTAL REVENUE SOURCES
Local Option
Sales Tax
Revenue(4)
Arlington Heights
13,798,515
Des Plaines
8,382,466
Downers Grove
9,972,529
Elmhurst
9,926,047
Glenview
4,438,932
Mt. Prospect
7,030,209
Naperville
13,053,197
Niles
12,459,006
Northbrook
6,351,700
Oak Park
3,240,965
Park Ridge
3,318,201
Schaumburg (5)
28,055,359
Skokie
14,214,101
Wilmette
2,346,494
Winnetka
1,094,418
SUPPLEMENTAL REVENUE SOURCES
Local Option
Emergency 911 Surcharge
Sales Tax
Per
Annual
Rate Revenue
Customer
Revenue
0.500% 3,356,295
0.500% 1,442,219
1.00
462,449
0.250% 1,146,473
1.00
285,161
0.500% 1,307,567
0.30
120,000
0.50
360,000
0.500% 3,307,469
1.00
247,065
0.500% 6,948,249
0.750% 4,613,543
0.50 181,000
0.75 286,298
1.00 268,839
1% 562,168
Sales tax revenue Indwies home rule sales tax receipts
Schaumburg residents pay i % of the total phone big for the Emergency 911 surcharge.
Amusement
Tax
Revenue
18,500
15,300