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HomeMy WebLinkAbout0830_001October 13, 1992 I Rai Cab The meeting was called to order by Mayor Gerald L. Farley at 7:35 p -.m. Trustees present were Mark Busse, George Clowes, Tim Corcoran, Leo Floros, Paul Hoefert and Irvana Wilks. Also present were Village Manager Michael E. Jannis, Public Works Director Herb Weeks, Inspection Services D" ; for Chuck Bencic, Deputy Pubs: Works Director Glen Andler, Engineering Coor&MW Jeff Wulbecker, Deputy Fire Chief Lo "e Jackson, and Finance Director David Jepson. In "tion, Dick Bachhuber, Chairmen of the Finance Commission, " 25 idents, serve' repn=tatives of the Ballerup Skokie Orchestra of BWerup, Denmark, and two members of the print media were in attendance. H mutes of September 22, 1992 and SeptetubMer 29, 1992 The minutes of September 22, 1992 were accepted with the following changes: 1. The last sentence in paragraph 4 on page 3 should be replaced with the following: "Village Manager Jannis stated that there was a difference between a commission which was a recommending body only and one whose decision was final with the option to appeal within 15 days. He questioned which authority the Board wanted to endorse. All concurred with the latter." 2. The last sentence on page 4 should be changed to read as follows: " However, Trustee Wilks urged caution because the parking spaces were also under jurisdiction of District 57 and the Village should strive to maintain a good working relationship with that Board. The minutes of September 29, 1992 were accepted and filed. III Citizens to be Heartl Mayor Farley called upon Trustee Wilks to introduce the representatives of the Ballerup Skokie Orchestra of Ballerup, Denmark, a suburb of Copenhagen. Trustee Wilks introduced Ole and Then Henriksen along with two members of the orchestra. The orchestra features ancient Danish music and performs with wind instruments that have been used for 3,000 years. After performing two songs, Then Henriksen thanked the many residents of the Village who provided housing during their stay in Mount Prospect and for the warm hospitality extended to the group. No Village residents appeared before the Committee. Mayor Farley stated that he was changing the order of the agenda because of the number of residents present regarding the Storm Water Management Project. IV Comprehensive Storm Water Management Project - Status Report Mayor Farley stated that he was given a flyer that suggested the Village would be cancelling the Prospect Manor/North Main Flood Control Project. He stated that this information was erroneous and that the Village intended to proceed with this project. Village Manager Janonis said the purpose of this meeting was to review the recommendations of staff to move up three projects to take advantage of TEPA low-interest loans. The Village has been informed that the Fairview Gardens Sanitary Project, the See Gwun/Milburn Sanitary Project and the Hatlen Heights Sanitary Project are eligible for TEPA loans in 1993. The loans would be issued at an interest rate of 3.36%. These three projects were previously scheduled for the 94/95 and 95/96 fiscal years. Mr. Janonis explained that to qualify for the loans the projects must be bid in 1992 with construction starting by March 31, 1993. If the Village proceeded at this time it is estimated that it would save $50,000 per year for 20 years in interest costs. Mr. Janonis recommended that the projects be bid with the stipulation that these three projects would only be undertaken at this time if the Village receives the TEPA loan funds. Mr. Janonis stated that these three projects would be undertaken in 1993 in addition to the Prospect Manor/North Main (PM/NM) Project. The PM/NM Project is not eligible for the IEPA loan program but would be financed by a general obligation bond issue. He said this was a Win/Win situation where the Village would receive low interest loans and some of the flooding problems would be corrected sooner than had been anticipated. George Watanabe, 607 Prospect Manor, said he was pleased that t1v Village was moving ahead with the PM/NM Project. However, he said he was concerned with the impact of drainage from Prospect High School on the Randview Highlands sewer system. He said he had been under the impression that this problem had been addressed in previous years but he found out recently that it had not been previously corrected. Mr. Watanabe had a number of other questions regarding the storm water and sanitary sewer flow from Prospect High School. Village Manager Janonis stated that the High School is its own jurisdiction and that they do not need to get permits from the Village before they start building projects. He said they only need to receive approval from the Illinois Capital Development Board. He added that the Village of Mount Prospect, the Village of Arlington Heights and Prospect High School are currently working on the drainage problems of Prospect High School in conjunction with the PM/NM Project. It was recommended Mr. Watanabe provide a`liist of questions that he would like answered and staff would arrange a meeting with all the interested parties to resolve these questions. 2 CI In response to a question, Finance Director Jepson stated the revenue from the 1/4E sales tax would support the three additional projects as well as the PM/NM Project. Trustee Wilks said she would like to see a debt service schedule showing all Village Debt. Mayor Farley polled the Board and stated there was support to proceed with bidding of the PM/NM Project. along with the Fairview Gardens Sanitary Project, the See Gwun/Milburn Sanitary Project and the Haden Heights Sanitary Project. Building Code Review Deputy Fire Chief Lonnie Jackson reviewed the proposed changed to the Fire Prevention Code. He said one of the changes that is being recommended is to bring all the sections dealing with Fire Protection under one chapter. He pointed out that Article II - Automatic Detection and/or Extinguishment of Fire was being moved from Chapter 21 to Chapter 24 without change; Article III - Fireworks was being moved from Chapter 23 to Chapter 24 without change; and Article IV - Fire Alarms was being moved from Chapter 23 to Chapter 24 without change. Deputy Chief Jackson made the following comments regarding the recommended changes: 24.10LA 1 - 10 Housekeeping changes only Items 11 - 14 Codifying existing practice Item 14A The Code relating to standpipes is being amended from 75 ft to 35 ft. This is consistent with the Building Code. Item 15 Codifying present practice Item 16 This change requires a strobe light located above each fire department connection. The requirement will be phased over 2-3 years and should only cost about 40 per light. Items 17 - 20 Codifying existing practice Item 21 This section requires a back-up power source for all exit signs when a building is occupied. Items 22 - 28 Codifying- present practice. The Board discussed the possibility of exceptions to the Fire Prevention Code due to new technology. Deputy Chief Jackson said this is currently provided for in the Code. Additionally, there was some discussion regarding the sale and use of sparklers in the Village which are currently prohibited. The Board did not support any changes to this practice. 3 Trustee Wilks said she received a letter from Kimball Hill Ihvelopers with several questions regarding the proposed Building Code changes. Mr. Janonis said the letter along with staff responses will be distributed to the other Trustees and that the items would. be discussed when the ordinance was presented for the first reading. Mayor Farley questioned the training level of Village Inspectors. He said they should be cross - trained so that different inspectors would interpret the Code in the same way. Mr. Bencic stated that each inspector is in a training program which provides cross -training. Trustee Busse said he was concerned that the Village was discouraging improvements by requiring buildings to be brought up to the Building Code. VI Manager's Report Village Manager Janonis distributed a map of the proposed amendment to the TIF area and reported that the Development Plan would be available by October 15, 1992. VII Other Business Trustee Wilks reported that she attended a Fire Prevention Week program where the Mount Prospect Fire Department received an award from the Illinois Fire Alliance. She complimented the department on this achievement. Trustee Corcoran reported that he was requesting SWANCC to adopt a resolution requiring at least 50% of the Executive Committee to be elected officials. The Mayor and Trustees unanimously supported Trustee Corcoran in this action. He also reported that he was not satisfied with the material provided by the SWANCC staff prior to scheduled meetings. He said he would be requesting more timely information. 1. Trustee Clowes commended Cheryl Pasalic for being elected to the board of NATOA. He also said he had been contacted by a resident regarding the berm on Thomas More Drive. Village Manager Janonis said he would provide more information on the issue. Trustee Clower also pointed out an article in the current issue of City and State magazine by Tank Industry Consultants. VIII Adjournment Mayor Farley said an executive session was necessary. The meeting adjourned at 10:16 p.m. to executive session. The meeting reconvened at 11:57 p.m. and adjourned at 11:57 p.m. Respectfully submitted, David C. Jepson, Finance Director 4 Viiia a of Mount Prospect , Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: MAYOR GERALD L. FARLEY AND BOARD OF TRUSTEES FROM: VILLAGE MANAGER DATE: NOVEMBER 6, 1992 SUBJECT: MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE 1992-1997 LAYING THE GROUNDWORK While the above-mentioned program encompasses a multi-year commitment to strategic planning and proposed changes to current budgeting techniques, our immediate focus must be on the near-term revenue/expenditure imbalance that we face. Our goals at the November 10 Committee of the Whole meeting should be to (1) reach agreement with regard to making up this year's shortfall; (2) establish fiscal year 93/94 Levy requirements so that the Village can proceed with the steps necessary to establish the 1992 Tax Levy and (3) reach general agreement on the parameters of a multi-year spending/revenue plan. Basis for Discussion As stated many times before, the Village of Mount Prospect is in sound financial condition. This has been achieved through a combination of conservative fiscal stewardship on the part of elected officials and the implementation of innovative, cost- effective management practices on the part of staff. By any reasonable measure, the municipal government of Mount Prospect is a lean and cost-effective operation. In addition, the quality and scope of services provided to residents is without equal in the northwest suburban area. This combination of low costs and outstanding services is one of the primary reasons why the Village of Mount Prospect is such an attractive place to live and/or operate a business. Attached are several surveys which bear out this fact. Other factors continue to place pressures on keeping costs reasonable and service quality high. Those factors include growth prospects, the economy and the normal cost of doing business. Realistically, we cannot hope to significantly reduce costs or even hold them level unless we are prepared to also significantly reduce the quality or level of services. By making a practice of operating at a near optimum level, it becomes extremely difficult to cut a. lot of fit from the budget without also taking a large chunk of the meat. It quickly becomes an either (cost)/or (service) proposition. If we overreact to a weak economy or feel that we alone should bear the major responsibility of reducing residents' overall tax burden, then we chart a course of alternating crisis management in bad times and catch-up management in good times. The organization and the community are then in a constant state of flux. Perhaps the better way to approach the issue is to look at it in a simpler format and develop a number of principles that can help guide the decision-making process. The first principle should be that - Revenues must not exceed expenditures. The second principle is that optimizing organizational efficiency and holding down controllable costs is our #1 priority. The third principle is that innovation and a dedication to the highest level of quality, personalized service is an equal priority. The fourth principle is that there are certain core services that municipal government must provide to its residents. The fifth principle is that given optimal organizational efficiency, funding to support the agreed-upon level of services must be provided. Deficit Reduction Plan The five principles can be reduced to a formula that will help determine what adjustments are necessary in terms of spending, revenues and service levels. Under normal circumstances, expenditures equal revenues and the balance is "0." The current situation indicates that the Village, given present spending and funding levels, is in a deficit position. Figures, along with more detailed information, are contained in the attached memo from Mr. Jepson entitled, "92/93 through 96/97 Budget Projections." Also attached are two worksheets which outline a proposed format for logically working the deficit down to zero. As you will see, the formula provides for various possibilities including expenditure reductions, additional revenues, utilization of available fund balances and as a last step - service reductions. Given the Board's current policy of limiting the Ig.W, increase in the Property Tax Levy to :5% and capping spending at 5%, staff is proposing the following for consideration: 1. Spending caps of 4.5% in 93/94; 4.0 in 94/95; 3.5% in 95/96 and 96/97. 2. Additional revenues derived in whole or in part from: Reconsideration of the 5% limit on the growth of the Tax Levy by excluding Debt Service. New revenue sources such as water in lieu of taxes, resident ambulance fee, gasoline tax, utility tax. Proceeding to a one -can refuse disposal program (an annual decrease in the garbage levy is also proposed in an effort to return a portion of those costs to residents). 3. Combining the IMRF Fund with the General Fund in order to realize certain one-time gains. 4. Utilizing available Fund Balances in 92/93 and 93/94 while maintaining a fiscally responsible fund balance of $2,500,000. 5. Establishing the remaining amount, if any, of the projected deficit. That figure will then be addressed through a series of service cuts and accompanying reductions in force. This year's deficit can be eliminated with modest revenue reductions, one-time revenue sources, water in lieu of taxes and a partial draw -down on available fund balances. Fiscal years 93/94 through 96/97 will require more detailed analysis. Specific details regarding all aspects of the deficit reduction plan will be provided at the Committee of the Whole meeting. I am confident that by working through the Deficit Reduction Plan elected officials and staff will be able to produce an acceptable solution to address (1) this fiscal year; (2) establish a Levy amount for next fiscal year and (3) identify a spending/revenue plan through fiscal year 96/97. MEJ/rcc A Vision for the Future 92/93 - 96/97 "Laying the Groundwork" MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Deficit Reduction Plan 92/93 - 96/97 The following actions will either add to the proposed deficit or reduce the deficit: Additional Services - Add to Deficit Expenditure Reductions - Reduce Deficit Additional Revenues - Reduce Deficit Available Fund Balances - Reduce Deficit Service Reductions - Reduce Deficit Deficit Reduction Formula Projected Deficit Add: Additional Services Sub -Total Subtract: Expenditure Reductions Additional Revenues Fund Balances Sub -Total Service Reductions 1 j? MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Deficit Reduction Worksheet 92/93 - 96/97 Year 92/93 93/94 94/95 95/96 96/97 Projected Deficit $570,600 $11,107,200 $1,367,000 $1,59-3,500 $1,696,600 Additional Services + + + + + Sub -Total l $ Expenditure Reductions Additional Revenues Fund Balances Saw -TOW Service Reductions Balance $ -0- -0- $ -0- $ $ -0- A Vision for the Future 92/93 - 96/97 Multi -Year Spending/Revenue Plan MOUNT PROSPECT 2 - A VISION FOR TfEE FUTURE Multi -Year Spending/Revenue Plan 92/93 - 96/97 The following features are included in the Mount Prospect 2000 Multi -Year Spending/Revenue Plan: 1. Expenditure Reduction Plan 93/94 - 94/95 - 95/96 - 4-1/2% Maximum Increase 4% Maximum Increase 3-1/2% Maximum Increase 2. Funding Commitment for Additional Services 3. Refuse Disposal Basic Service Plan Basic Service Provided Property Tax Reductions Bonus Stickers 4. Property Tax Levy Caps 5. New Revenue Sources 6. Available Fund Balances 1MRF Fund General Fund 4 A Vision for the Future Expenditure Reduction Plan 92/93 - 96/97 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Expenditure Reduction Plan 3.5% Expenditure Limitation The following schedule shows the phased expenditure reductions to arrive at a maximum increase in expenditures of 3.5 % by the 95/96 fiscal year: (1) 92/93 projections include $102,000 in reductions with an additional $50,000 to be identified. 93/94 reduction 1/2%, 94/95 reduction 1% 95/96 reduction 1-1/2%, 96/97 reduction 1-1/2% (2) A contingency of 25% of planned reductions will be available for contingencies or by Board authorization only. 6 Expenditure Net Rgdugtjon (1) Contingency () Reduction 92/93 $102,000 $ - $102,000 92/93 50,000 - 50,000 93/94 93,200 -23,300 69,900 94/95 283,200 -70,800 212,400 95/96 588,000 -147,000 441,000 96/97 916,000 -229,000 687,000 (1) 92/93 projections include $102,000 in reductions with an additional $50,000 to be identified. 93/94 reduction 1/2%, 94/95 reduction 1% 95/96 reduction 1-1/2%, 96/97 reduction 1-1/2% (2) A contingency of 25% of planned reductions will be available for contingencies or by Board authorization only. 6 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Expenditure Reduction Plan 3.5% Expenditure Limitation 92/93 - 96/97 The following schedule shows where expenditure reductions will take place from 92/93 - 96/97: (1) Personal Services includes wages and pension benefits. 7 Personal Commodities Total Services & Services Expenditure Rgductions (1) p§ Rcdudons 92/93 $ 93,000 $ 9,000 $102,000 92/93 30,000 20,000 50,000 93/94 72,300 20,900 93,200 94/95 227,000 56,200 283,200 95/96 474,000 114,000 588,000 96/97 741,600 174,400 916,000 (1) Personal Services includes wages and pension benefits. 7 A Vision for the Future Additional Services 92/93 - 96/97 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Additional Services 3 Police Officers 93/94 - 96/97 The funding commitment for 3 additional police officers is listed below: Salary & Other Total lkn at, (1) Cq§t5 1 (2) _ _ Cost 93/94 $115,500 $19,500 $135,000 94/95 130,500 191500 150,000 95/96 147,500 19,500 167,000 96/97 169,500 19,500 189,000 (1) Salary and Benefits includes wages, pension benefits, uniform allowance, and medical insurance. (2) Other Costs includes training, insurance, supplies and vehicle expense. A Vision for the Future Refuse Disposal Basic Service Program 92/93 - 96/97 10 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Refuse Disposal Basic Service Program The Refuse Disposal "Basic Service Program" includes the following listed services as well as property tax relief. Basic Service Includes: One Container or Bulk Item per Week Current Recycling Program Move In and Move Out Allowance - 10 Containers Spring and Fall Cleanup - Unlimited Pickup 5 Bonus Stickers per Year Up to 25 % of Multi -Family Costs Property Tax Reductions: 1992 Total Levy (Excluding Debt Service) Reduced 1/2% 1993 Total Levy (Excluding Debt Service) Reduced 1 % 1994 Total Levy (Excluding Debt Service) Reduced 1-1/2% 1995 Total Levy (Excluding Debt Service) Reduced 1-1/2% 11 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Refuse Disposal Basic Service Program The expected dollar amounts for the bonus stickers, the property tax reductions and the Village savings are listed below: Bonus Property Tax Village Suers (1) Reductions,, (2) sayiG&L 93/94 $ 95,600 $ -33,100 $459,900 94/95 95,600 - 103,900 551,100 95/96 115,000 -216,900 548,100 96/97 115,000 -339,700 432,800 5 Bonus Stickers per year plus 10 Container Allowance for each move in and move out. (1) Savings includes Brush, S/F and M/F (2) 1992 Tax Levy reduced 1/2% 1993 Tax Levy reduced 1 % 1994 Tax Levy reduced 1-1/2% 1995 Tax Levy reduced 1-1/2% 12 MOUNT PROSPECT 2000 A Vision for the Future Property Tax Levy Caps 92/93 - 96/97 13 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Property Tax Levies 5% Cap - Total 1992 Levy This schedule shows the allocation of the 1991 and the 1992 tax levies using a 5 % cap for the 1992 tax levy: The priorities for allocating property tax dollars are: 1. Debt Service 2. Pensions 3. Refuse Disposal 4. Corporate Purposes 14 1991 1992 % Pum_ � ._ I,e y Differeno plff=� Corporate $4,669,505 $4,515,829 $(153,676) (3.3)% Refuse Disposal 1,838,550 2,060,000 221,450 12.0% Pensions _ IQ7, 2 154.5QQ 47.380 44.2% Sub -Totals $6,615,175 $6,730,329 $115,154 1.7% Debt Service _ 723,,9284 2757 Q 251.776 34.8% Totals 17,222112 17,72§.,2 220,22 5.0% The priorities for allocating property tax dollars are: 1. Debt Service 2. Pensions 3. Refuse Disposal 4. Corporate Purposes 14 91 -0661 ut pied ;unouie agp ump ssol oq Ipm sonssi puoq 2upsrxo pun AIT oe3 sp io3 sluauiannbai aotAias Igop io3 W1 M oql `awp Imp iayd •s=A any ixou agp io; mmA iod OI$ uegp ssol 3o saxel f4jadoid ut oswntu uE aos Ipnn (uopenleA passassd pazgenbg 000`SZ$ `000`091$ 3o onlEA 193llew) podsoid iunoW ut auioq Im!dA4 E `loofoid sup 3o llnsoi E sd aEaA aad Oi$ uvgZ ssa'I aq IpAj ja"o amog inidAjL E ao; aseaaaul xEs ,(:pado.j :aingooiq wnpuaiojai Buiplmg ani puE oollod 1661 ludd agp ut poxeoddv uopenonb 8uTmollo3 agZ OS8`£ZZ - 9LO`99£`6 9ZZ`Zt,1`6 9661 06Z`Lt, - 9LO`OZ6`8 98L`ZL8`8 9661 SL8`681 + 99£`96V`8 OtZ`S89`8 V661 066`LLI + 000`160`8 066`89Z`8 £661 909`9IZ$ + 680`90L`L$ 969`IZ6`L$ Z661 mol UO 2uipnl3xg xEZ dra %S dED %S :tAolaq utAogs si Anal Imo3 agp uo deo % S e ptm aouuos jgap Suipnloxo deo % g e pm soiAal Imol age uoom4oq aouaia33ip oU 9661 - Z661 sa!AWI XRL Xpado.j 3WIMA MU IIOA NOISIA V - OOOZ ,L33dSOHd JMOW MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Property Tax Levies 1992 -1996 The proposed tax levies (3rd column) result from the 5 % cap excluding debt service less the reduction that would come from the Refuse Disposal Basic Service Plan. This amount is then compared with the previous projections of the 5 % cap on the total levy in the 4th column. 16 5% Cap Refuse Proposed 5% Cap Exluding Disposal Tax Total Debt Service Reduction Levies Levy 1992 $7,921,695 $( 33,100) $7,888,595 $79706,082 1993 8,268,990 (103,900) 8,165,090 8,091,000 1994 8,685,240 (216,900) 8,468,340 8,495,365 1995 8,872,785 (339,700) 8,533,085 8,920,075 1996 9,142,225 (472,250) 89669,975 9,366,075 16 MOUNT PROSPECT 2000 A Vision for the Future New Revenue Sources 17 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE New Revenue Sources Payment in Lieu of Taxes A payment from the Village's Water and Sewer Utility in lieu of property taxes would be about $150,000 per year. Fixed Assets 4/30/92 $15,978,600 $159,786 Village Tax Rate x .927 Payment 1148.IQQ Customers of Private Utilities pay property taxes on assessed valuation (Residents who use Citizens Utilities Water and Sewer pay taxes to the Village through Citizens Utilities Company). 18 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE New Revenue Sources Ambulance Fee The addition of an ambulance fee to residents along with the existing fee charged to non- residents would raise about $125,000 to $150,000 per year. Non -Resident Current Billings 464 @ $125 $58,000 Collection Ratio $58,000 @ 77.7% = $45,000 The Village's collection ratio for non-residents is 77.7%. The Village accepts what is paid by insurance or Medicare. Residents - (Pr Additional Billings 1800 @ $100 -- Collection Ratio $180,000 @ 75 % Other M nicip itis Arlington Heights Hoffman Estates 19 $135,000 Schaumburg Elgin MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE New Revenue Sources Gasoline Tax A Gasoline Tax of 1i per gallon would amount to about $150,000 per year in new revenue. 15 Gas Stations in Mount Prospect Estimated Sales @ 85,000 gallons per month Monthly Sales lil x 12 Annual Sales 1,020,000 Total Sales Tax Rate Park Ridge 20 x .01 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE New Revenue Sources Utility Tax A tax on utility bills of 1 % would raise an estimated $500,000 per year in new revenue. Estimated Utility Bills: Residential: Electric $1,200 @ 1% Gas 720 Q 1% Water 280 Q 1% Telephone 444 1% Totals $2,600 Number of Residential Properties Total Residential @ 1 % Commercial (Estimated): $345,800 x 50% Total Utility Tax @ 1 % Other M; unicioalilig§ Elmhurst Niles Glenview Evanston Lake Forest Streamwood 21 $12.00 7.20 2.80 4.00 $26.00 x13.300 $345,800 = 172.900 Park Ridge Oak Park Wilmette MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE New Revenue Sources Special Service Area Tax Tank Farm A special service tax to cover the additional risk to the Village from the Tank Farm would raise an estimated $100,000 per year. Tax Levy Fiscal Estimated 'Total Year Rate Tax 1992 _ _ - 1993 94/95 411 $100,000 1994 95/96 431 $105,000 1995 96/97 401 $110,000 1996 97/98 42t $115,000 Maximum Tax Rate 22 501 per $100 EAV W A Vision for the Future Available Fund Balances 23 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Available Fund Balances The amount of fund balances in excess of worldng-cash requirements and contingencies can be used to offset the expected deficits. DvW Fund (1) $60,200 General Fund (2) $600,000 (1) A one-time gain of $60,200 can be realized by combining the DAA Fund with the General Fund. (2) The General Fund balance on 4/30/92 was $3,156,752. The balance should not be reduced below $2,500,000. 24 A Vision for the Future Summary of Spending/Revenue Plan 92/93 - 96/97 25 VILLAGE OF MOUNT PROSPECT MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Spending/Revenue Plan Summary 92/93-%/97 2/93 92/24 4/95 95196 96/97 Projected Deficit 570 $1,3671OOCt 593 500 1 696�tD 1. Expenditure Reductions (1) Current Budget $ 50,000 3.5 % Limitation $ - Contingency - 25 % - Totals $ - 2. Additional Service 70,000 3 Police Officers $ - 3. Refuse Disposal - Basic Service (2) 59.MO- Brush $ - Multi -Family 75/25 - Single -Family - Property Tax Reduction Net Savings 4. Property Tax Levy 5 % Cap - Excluding Debt Service 5. New Revenue Sources Water -In Lieu of Taxes Ambulance Fee Gasoline Tax (ea. lb) Utility Tax (ea. 1 %) SSA Taxes - Tank Farm 6. Fund Balances (3) IMRF Fund General Fund $ 135,000 $ 150,000 $ 167,000 $ 189,000 $ 45, $ 60,000 $ 67, $ 70,000 48,000 70,000 72,5W 77,500 X00 59.MO- 6L5,M 62,5.000 $ 493, $ 655, $ '765, $ 772,500 33,100 (103,900) (216,900 (339,700) $ 459,900 $ 551,100 $ 548,100 $ 432,800 $ - $ 215,600 $ 178,000 $ 189,900 $148,100 $ 153,900 $ 160,100 $ 166,500 - 120,000 125,000 130,000 - 150,000 150,000 150,000 500,000 525,000 550,000 - - 100,000 110,000 $ 60,200 $ - $ $ - $312,300 $ 287,700 $ $ - $( 47,300) $ 173,100 135,000 150,000 580,000 115,000 (1) Expenditure Reductions for 92/93 assume a hiring freeze for non-essential positions, and for 93/94-96/97 it assumes a reduction of 1/2% per year until the annual increase in expenditures is capped at 3.5%. (2) The assumed implementation date for the Basic Service Plan is August 1, 1993. The corresponding property tax reduction assumes a maximum annual increase of 4-1/2% in 1992, 4% in 1993, and 3-1/2% in 1994 and thereafter. (3) A one-time gain of $60,200 can be realized by combining the IMRF Fund with the General Fund. A maximum of $600,000 of the existing General Fund Balance can be used for deficit reduction. 26 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Deficit Reduction Plan 92/93 - 96/97 The following actions will either add to the proposed deficit or reduce the deficit: Additional Services - Add to Deficit Expenditure Reductions - Reduce Deficit Additional Revenues - Reduce Deficit Available Fund Balances - Reduce Deficit Service Reductions - Reduce Deficit M_ i „_1 • i ff*TJ Projected Deficit Add: Additional Services Sub -Total Subtract: Expenditure Reductions Additional Revenues Fund Balances Sub -Total Service Reductions Balance 27 j? MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE Deficit Reduction Worksheet 92/93 - 96/97 Year 92/93 93/94 94/95 95/96 96/97 Projected Deficit $570,600 $1,107,200 $ 1,,M7,W $1,593,500 $i, Additional Services Sub -Total Expenditure Reductions Additional Revenues Fund Balances Sub -Total Service Reductions Balance $ - 4,: -0- 4 28 Federal Income Tax $7,508 FICA Tax $4,117 September 1992 Taxes Paid By A Typical Mount Prospect Family State Income Tax $1,418 $286 Property Taxes $2,385 Village Government Services $1 $232 $217 Educational Cook County Township Purposes Government Government Services Services Culture & Recreational Purposes Water & Sewer District Purposes VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROFFICE MEMORANDUM TO: John Fulton Dixon, Village Manager FROM: David C. Jepson, Finance Director DATE: January 23, 1992 SUBJECT: Comparable Community Expenditures and Revenue Survey The Finance Department of the City of Park Ridge recently completed its tenth annual survey of budget expenditures and selected revenues from eighteen comparable communities. In previous years there were nineteen participating communities; however, Evanston did not participate in the current survey. The two attached schedules are taken from the current survey. Schedule 1 is a comparison of adjusted budget expenditures on a per capita basis and Schedule 2 shows payments that a typical family (2.8 persons) makes directly to the municipality. The survey is dated January 1992 and was taken from 1991/92 budget amounts. In Schedule 1, budget amounts have been adjusted to represent similar services in each municipality and specifically excludes Community Development Block Grant projects. From the schedule it can be seen that Mount Prospect's per capita expenditures are again the lowest of the eighteen communities. The $636 per capita expenditures in Mount Prospect are $75 less than Des Plaines, $204 less than Arlington Heights, and some $279 less than the average of all communities. Schedule 2 shows the annual revenues that each municipality receives directly from a typical household. These direct payments include vehicle and dog licenses, property taxes, water and sewer charges, garbage pick-up fees (if separate from property taxes) and utility taxes. Mount Prospect ranks fifteenth in the eighteen communities. I should point out that it is more difficult to compare direct payments than expenditures in the sample communities because of the influence of other revenue sources. However, the comparison is worthwhile and shows the typical Mount Prospect family paying $110 less than the average of all the communities. We all recognize that needs and priorities vary from community to community. However, I believe the survey information demonstrates the continuing commitment to provide necessary services to the residents of the Village of Mount Prospect at the lowest possible cost. DCJ/sm Enc Schedule 1 COMPARABLE COMMUNITY COMPARISON (1) PER CAPITA EXPENDITURE COMPARISON 1991/92 Fiscal Year Compiled January 1992 Adjusted Expenditures Rank MuniciDality Budget 2 P2PRIAti2n Pera it 1 Schaumburg (3) $95,295,106 68,586 $1,389 2 Highland Park (3) 39,167,226 30,600 1,280 3 Winnetka 14,108,324 12,271 1,150 4 Lake Forest 20,128,035 17,836 1,129 5 Wilmette 27,428,304 26,690 1,028 6 Glenview (3) 38,274,130 37,400 1,023 7 Oak Park 52,126,734 53,648 972 8 Northbrook (3) 27,580,134 32,308 854 9 Arlington Heights (3) 63,419,173 75,460 840 10 Elmhurst 34,630,014 42,029 824 11 Skokie 48,679,197 59,432 819 12 Deerfield 14,009,697 17,450 803 13 Downers Grove (3) 37,306,560 46,858 796 14 Naperville 67,441,452 85,351 790 15 Niles 21,228,463 28,284 751 16 Des Plaines 37,859,704 53,223 711 17 Park Ridge 24,303,374 36,075 674 19 Mount Prospect 33,799,545 53,170 636 $38,710,287 43,148 $ 915 (1) Source - City of Park Ridge (2) Adjusted budget includes total City Budget including MFT, Library, Garbage and excluding Park District, Electric Utility, Sanitary Districts, Community Development Block Grants, Bus Service, Flood Control Proceeds, Cemeteries and Golf Courses. (3) The budget has been increased for these cities for the amount paid by all households for scavenger service. Schedule 2 COMPARABLE COMMUNITY COMPARISON ANNUAL REVENUES RECEIVED FROM AVERAGE HOME January 1992 * Assumes once per week curb pickup where alternative levels of garbage service are available. Also includes recycling charge. City Total Vehicle License Dog Garbage Water Utility Sewer Property Direct Under 35 Over 35 License Charge* Bill Tax Charge Tax Paygents Position Assumptions for 97,000 $2,642 29,000 Sample Family 1Cal near MV Oak Park 40.00 40.00 10.00 - 203.70 132.10 92.5 803.30 1,321.25 1 Highland Park 30.00 30.00 5.00 231.60 128.38 132.10 18.00 312.91 887.99 2 Lake Forest 60.00 60.00 10.00 - 220.49 143.12 14.78 356.12 864.51 3 Glenview 20.00 20.00 5.00 174.00 193.03 132.10 48.50 251.43 844.06 4 Park Ridge 30.00 30.00 8.00 15.00 234.32 143.82 - 370.04 831.18 5 Arlington Heights 20.00 20.00 5.00 155.40 291.00 _ - 325.67 817.07 6 Winnetka 20.00 20.00 10.00 - 186.08 - 61.22 516.49 813.79 7 Deerfield 30.00 30.00 5.00 86.16 226.93 - 60.95 366.56 805.60 8 Northbrook 24.00 24.00 10.00 214.20 218.25 - 24.25 242.15 756.85 9 Naperville - - 8.00 - 172.47 140.72 116.70 310.04 747.93 10 Wilmette 35.00 35.00 10.00 - 114.11 132.10 85.58 311.17 722.96 11 Elmhurst 12.00 12.00 5.00 73.68 193.03 - 198.40 216.78 710.89 12 Skokie 10.00 10.00 10.00 - 149.12 13.04 - 506.34 698.50 13 Des Plaines 15.00 15.00 4.00 117.60 209.52 - - 300.44 661.56 14 Mount Prospect 20.00 20.00 5.00 - 230.86 - 26.19 343.07 645.12 15 Downers Grove - - - 105.00 175.06 - 114.76 146.07 540.89 16 Niles 15.00 15.00 - - 192.06 79.26 - 172.84 474.16 17 Schaumburg 17.00 17.00 2.00 134.64 245.41 4.35 33.95 - 454.35 18 Mean 22.11 22.11 6.22 87.63 199.10 58.48 49.75 325.08 755.48 * Assumes once per week curb pickup where alternative levels of garbage service are available. Also includes recycling charge. y 5 m m z o z m 21 om IC) K A D D m Z C 9 r G) m O O z M O CAM n 1 VILLAGE OF MOUNT PROSPECT Area Municipalities Tax Rates and Fees November, 1992 (1) Refuse disposal fees represent the monthly charge paid either to the municipality or the scavenger for refuse disposal and recycling, excluding yard waste. Volume based user fees for Hoffman Estates and Mount Prospect assume 1.7 containers per week. (2) Combined Water and Sewer rate based on annual use of 97,000. Additional amounts for Mount Prospect and Palatine represent water and sewer projects supported by property taxes. Property taxes are converted to a rate per 1,000 gallons. 1991 Property Tax Rale Food & Beverage Tax Hotel Motel Tax Real Estate Transfer Tax Home Rule Sales Tax Utility Tax Ambulance Fee Refuse Disposal Fees (1) Vehicle IJance Fee Waley & Sewer Gasoline Rates (2) Tax Arlington Heights $ .7184 1.0% 4.0% $ - 1/4% $50/50 $14.00 $20.00 $3.00 Buffalo Grove 1.161 3.0% 3.00 1/2% 0/150 12.10 22.50 2.94 Des Plaines .821 3.0% 1.00 - 8.26 15.00 2.16 Elk Grove Village .605 1.0% 5.0% 3.00 1/2% 13.10 20.00 2.45 Glenview .747 - 5.0% - 5% - 10.25 20.00 2.50 Hoffman Estates 1.343 4.0% 3.00 1/2% 35/100 9.95 15.00 3.59 Mount Prospect .927 1.0% 3.0% 3.00 1/4% m 0!125 0.75 20.00 2.75 + .61 Palatine 1.176 4.0% - 1/2% - 13.60 20.00 1.64 + .53 Park Ridge 1.096 1.0% 4.0% 2.00 5% 0/125 1.25 30.00 2.78 1t/Gal Rolling Meadows 708 1.0% 3.5% 3.00 1/4% 0/120 10.00 20.00 3.31 Schaumburg 2.0% 4.0% 1.00 1/2% - 50/100 13.32 17.00 3.22 Streamwood 1.403 1.00 I/2% 4% 0/50 11.58 10.00 4.44 Wheeling 1.145 - - 12.76 20.00 3.06 Excludes Library I 1__Per$IODO Rate Resident/ Non -Resident Monthly Charge Passenger Vehicle Per 1,000 Gal.+ Property Tax per 1,000 Gal. (1) Refuse disposal fees represent the monthly charge paid either to the municipality or the scavenger for refuse disposal and recycling, excluding yard waste. Volume based user fees for Hoffman Estates and Mount Prospect assume 1.7 containers per week. (2) Combined Water and Sewer rate based on annual use of 97,000. Additional amounts for Mount Prospect and Palatine represent water and sewer projects supported by property taxes. Property taxes are converted to a rate per 1,000 gallons. VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT"" INTEROFFICE MEMORANDUM TO: Michael E. Jannis, Village Manager FROM: David C. Jepson, Finance Director DATE: November 5, 1992 SUBJECT: Direct Payments for General Municipal Services Because a municipality uses a variety of taxes and fees to finance general municipal services, it is difficult to evaluate the cost of these services to the residents by just looking at property taxes or one or two fees by themselves. Also, certain taxes and fees such as the hotel/motel tax and sales taxes are shared by non-residents and thus may not have a direct impact on many residents. I believe one of the most accurate methods of evaluating the cost of municipal services to residents is to compare the "direct payments" that a typical resident pays to the municipality. On the attached schedule, the direct payments from property taxes, utility taxes, and refuse disposal fees are compared for Mount Prospect and 12 other area communities. In this schedule Mount Prospect ranks 12th out of the thirteen municipalities with total direct payments of $278 for a typical family. This compares to $337 for Des Plaines and $376 for Arlington Heights. Only Schaumburg is lower than Mount Prospect and that is because they do not levy property taxes. I believe this information confirms other surveys which show Mount Prospect with a relatively low cost of providing municipal services. DCJ/sm Enc DIRECT PAYMENTS FOR VILLAGE SERVICES PROPERTY TAXES, UTILITY TAXES AND REFUSE DISPOSAL FEES Municipality Property Taxes (1) Utility Taxes (2) Refuse Disp. Fees (3) Total Rank Arlington Heights $208 $ - $168 $376 8 Buffalo Grove 337 - 145 482 5 Des Plaines 238 - 99 337 9 Elk Grove 175 - 157 332 10 Glenview 217 130 123 470 6 Hoffman Estates 389 - 119 508 2 Mount Prospect 26 4 278 12 Palatine 341 - 163 504 3 Park Ridge 318 130 15 463 7 Rolling Meadows 205 a 120 325 11 Schaumburg - - 160 160 13 Streamwood 407 104 '139 650 1 Wheeling 332 - 153 485 4 Average > $264 $28 $121 $413 (1) Assumed single family residence with an EAV of $29,000. (2) Assumed annual utility payments of $2,600. (3) Fee paid to municipality or contractor for refuse disposal and recycling and excluding yard waste, VILLAGE OF MOUNT PROSPECT °• FINANCE DEPARTMENT INTEROFFICE MEMORANDUM TO: Michael E. Janonis, Village Manager FROM: David C. Jepson, Finance Directo DATE: November 3, 1992 SUBJECT: 92/93 Through 96/97 Budget Projections Attached are two schedules which contain updated financial projections for the General Operating Funds of the Village. The projections are based on six months' experience for the 92/93 fiscal year and on various assumptions for the 93/94 - 96/97 fiscal years. Schedule 1 shows actual revenues and expenditures for the 91/92 fiscal year and then the budgeted amounts for 92/93 compared to estimated amounts for the entire year. Schedule 2 uses 92/93 estimated amounts as a basis and then shows projections of expected revenues and expenditures for the 93/94 - 96/97 fiscal years. Schedule 1 includes a separate page of explanatory notes for extraordinary differences between budget and estimated amounts and Schedule 2 includes a page specifying the assumptions that are being used. Both schedules confirm the preliminary views that were presented in August 1992 that the Village is facing an extended period in which expenditures are expected to be significantly higher than current revenue sources. For the 92/93 fiscal year, the deficiency is estimated at $570,600 and for 93/94 - 96/97 the gap ranges from $1.1 million to $1.7 million. The overall deficiencies in the current projections are somewhat less than the amounts projected in August. 1992 due to the following reasons: 1) Cost savings of approximately $100,000 for 92/93 are reflected in the estimates for 92/93; 2) The current projections assume that the IMRF Fund will be combined with the General Fund for a 92/93 savings of $42,400 and a 96/97 savings of approximately $110,000; 3) The annual increase in Public Safety expenditures for 93/94 - 96/97 has been reduced from 5.5% to 5%. This change reduces projected 96/97 expenditures by approximately $250,000; and 4) more specific revenue projections were used for 93/94 - 96/97 than had previously been used. Following is a comparison of the projected deficiencies presented in August 1992 with the amounts in Schedules 1 and 2:. Michael E. Jannis Page 2 92/93 Through 96/97 Budget Projections August 1992 November 1992 Increase Fiscal Projected Projected or Yor Deficiency Defii n < Decrease > 92/93 $ < 649,750 > $ < 570,600 > $ < 79,150 > 93194 $ < 1,197,050 > 94/95 $ < 1,546,100> 95/96 $<1,937,300> 96/97 $ < 2,177,900 > $ < 1,107,200> $ < 1,367,000> $ < 1,593,500> $ < 1,696,600> $ < 89,850 > $ < 179,100 > $ < 343,800 > $ < 421,300 > Multi-year projections need to be refined on a regular basis, especially because of the compounding effect that changes have in future years. However, the revised amounts still point out the seriousness of the problem for the Village. One of the changes that is included in the current projections is the combining of the EWRF Fund with the General Fund. Traditionally, a municipality will set ug each property tax levy in a separate "special revenue" fund and expend the amounts from the' separate fund. With home - rule authority the Village does not have to follow this practice, and in fact, can combine the IMRF levy with the general corporate levy. The advantage of thh; approach is that it becomes unnecessary to maintain a separate fund balance for working cash j purposes. This change will free up an excess of revenues over expenditures of $42,400 for die 92/93 fiscal year and will also allow a one-time transfer of the DARF Fund balance of $60,200 as of April 30, 1992 to the General Fund. I recognize that these projections will change in the future as a result of changes in Village operations, changes in the economy and possible changes in Village policy. Nevertheless, I believe that the information presented in these schedules provides a starting point for future budget considerations. When material changes take place in the future, I will keep you informed. DCJ/sm Enclosures Schedule 1 VILLAGE OF MOUNT PROSPECT General Operating Funds (1) Estimated Revenues and Expenditures For the Fiscal Year Ending April 30, 1993 Excess of <Deficiency> Revenues over Expenditures BBQ �,< „ 7 1r5> 1< §"' § > §Q2,,985> M (1) Includes General Fund, Refuse Disposal Fund, IMRF Fund and the portion of the Capital Improvement Fund used for equipment and vehicle replacement. (2) See attached page for explanation. Fiscal Year 91/92 92/93 92/93 Increase or Ac ual < > (2) Revenues: General Fund: Property Taxes - General $ 3,430,637 $ 3,541,800 $ 3,530,075 $< 11,725> Sales Tax 5,746,281 6,000,000 5,800,000 < 200,000:> A State Income Tax 1,997,692 2,070,000 2,060,000 < 10,000> State Sales & Use Tax 385,005 331,500 328,000 < 3,500> Food & Beverage Tax 536,235 530,000 540,000 10,000 Real Estate Transfer Tax 430,983 480,000 480,000 - Other Taxes 106,035 119,750 113,425 < 6,325> Licenses, Permits, Fees 1,871,131 1,833,000 1,838,650 5,650 Intergovernmental Revenue 59,863 169,200 134,250 < 34,950> B Service Charges 350,520 376,500 374,650 < 1,850> Fines 331,430 325,700 335,500 9,800 Investment Income 284,409 240,000 160,000 < 80,000> C Other Income 233,652 250,550 248,950 < 1,600> One -Time Reimbursements 262&44Q 7 Q 75,000 Total General Fund $16,026.321 $16,343,000 $16,018,500 $< 324,500> Refuse Disposal Fund Fees/Taxes 2,394,179 2,572,400 2,575,800 3,400 IMRF Fund Revenues 757,416 818,450 801,700 < 16,750> Capital Impry Fund Revenues 549,443 58170 586.760 - Total Revenues $19,727.359 $20,320,610 11 9,982,7kQ. $< _337,850> D di r $: Public Representation $ 72,620 $ 74,735 $ 78,120 $ 3,385 Village Administration 454,799 508,735 478,730 < 30,005> E Communications Division 198,830 241,500 232,650 < 8,850> Village Clerk's Office 157,466 163,065 165,385 2,320 Finance Department 925,761 983,465 987,290 3,825 Inspection Services 983,246 1,055,120 1,004,665 < 50,455 > F Police Department 5,275,797 5,563,050 5,541,150 < 21,900> G Fire Department 4,545,611 4,921,725 4,971,460 49,735 H Central Dispatch 330,015 353,000 353,815 815 Human Services 366,196 390,355 387,385 < 2,970> Planning Department 344,186 359,390 414,175 54,785 1 Streets & Public Property 2,916,215 3,109,180 3,233,430 124,250 J Streets - Resurfacing 318,836 - - Refuse Disposal 2,423,512 2,544,130 2,566,400 22,270 Civic Groups 99,414 88,380 82,025 < 6,355> Pensions & Debt Service 54,,324 X32,39524,295K Total Expenditures $19.466,828 $20,388,225 $20,553,360 $ 165.135 L Excess of <Deficiency> Revenues over Expenditures BBQ �,< „ 7 1r5> 1< §"' § > §Q2,,985> M (1) Includes General Fund, Refuse Disposal Fund, IMRF Fund and the portion of the Capital Improvement Fund used for equipment and vehicle replacement. (2) See attached page for explanation. VILLAGE OF MOUNT PROSPECT Schedule 1 General Operating Funds Estimated Revenues and Expenditures For the Fiscal Year Ending April 30, 1993 Assumptions for 93/94 - 96/97 Explanatory Notes A. Sales Tax revenue for the first five months of the 92/93 fiscal year totaled $2,289,017 compared to $2,344,488 for the same period last year. This represents a decrease of $55,471 or 2.37%. It is estimated that the Village will receive $5,800,000 for the 92/93 fiscal year or approximately 1 % more than the 91/92 total of $5,746,281. To realize the 92/93 total, sales tax revenues will need to increase an average of 3.2% over the remaining 7 months of the fiscal year. B. The decrease in Intergovernmental Revenues of $34,950 is made up of . the following: Employment Counselor Grant $14,100; Police & Fire Training Grants $10,500; Personal Property Replacement Taxes $7,350; and Other Grants $3,000. C. Investment Income is expected to be $80,000 less than budgeted and some $124,400 less than 91/92 because of the dramatic decrease in interest rates over the past year. For the first six months of the 91/92 fiscal year the average of short-term rates was almost 6% compared to less than 3.5% for the first six months of 92/93. The Village has an average of about $3,000,000 in general operating funds invested throughout the year. D. The overall reduction in Total Revenues from the 92/93 Budgeted amount to the 92/93 Estimated amount is $337,850. E. The reduction in expected expenditures of $30,005 in Village Administration is due to the vacancy of the Assistant Village Manager position. F. The decrease of $50,455 for Inspection Services is due to the vacancy of the Engineering Technician position along with related benefit costs. G. The reduction of $21,900 in the Police Department is due to a decrease in costs for Crossing Guards and lower than expected costs for gasoline. H. The increase of almost $50,000 in the Fire Department is due primarily to an increase in the expected costs for the Sick Leave Incentive and for Compensated Absences. The increase in Compensated Absences is the result of the "vesting" of accumulated sick leave for 10 Fire Department personnel. Fifty percent of the value of accumulated sick leave is eligible for payment (vesting) upon serving 20 years with the Village or with 10 years service and reaching age 60. Schedule 1 I. The increase in the Planning Department is primarily due to the expected payment of $100,000 to Broadacre Development Company compared to a budget amount of $50,000. J. The increase in the Streets and Public Property Division of $124,250 is primarily due to the July wind storm. The Forestry Division is expected to expend an additional $62,400 for personal services and $59,850 for contractual services because of the storm. K. The increase of $24,285 in Pensions and Debt Service is due to the correction of the pension calculation for Charles Nick for the period of 1981-1992. L. Total Expenditures for 92/93 are expected to be $20,553,360 compared to the budgeted amount of $20,388,225. This represents an increase of $165,135 of expected expenditures over budgeted expenditures. M. Total Estimated Revenues of $19,982,760 are expected to be $570,600 less than Total Estimated Expenditures of $20,553,360. Schedule 2 VILLAGE OF MOUNT PROSPECT General Operating Funds (1) Estimated Revenues and Expenditures (2) 93/94 - 96/97 Public Representation 93/94 94/95 95/96 96/97 Village Administration im 538,800 im im jjjd Revenues: 244,300 256,500 269,300 282,800 General Fund: 173,700 182,300 191,500 201,000 Property Taxes - General $ 4,557,800 $ 4,736,100 $ 5,021,100 $ 5,391,700 Sales Tax 6,032,000 6,273,300 6,524,200 6,785,200 State Income Tax 2,121,800 2,206,700 2,295,000 2,386,700 State Sales & Use Tax 343,400 357,100 371,400 380,700 Food & Beverage Tax 561,400 584,000 607,400 631,700 Real Estate Transfer Tax 504,000 529,200 555,600 583,500 Other Taxes 113,000 117,500 122,300 127,100 Licenses, Permits, Fees 1,825,000 2,200,000 2,225,000 2,250,000 Intergovernmental Revenue 202,700 210,900 219,300 228,000 Service Charges 395,000 415,100 435,800 457,600 Fines 350,000 360,000 370,000 380,000 Investment Income 175,000 200,000 225,000 250,000 Other Income 245,000 255,000 265,000 275,000 One -Time Reimbursements 75.QQO Total General Fund $17,501,100 $18,444,900 $19,237,100 $20,127,200 Refuse Disposal Fund Fees/Taxes 2,822,200 3,023,000 3,163,500 3,389,500 IMRF Fund Revenues - - Capital Impry Fund Revenues Total Revenues $20,323,300 $21,462,,900 4QQ&20 $23,516,700 Public Representation $ 82,000 $ 86,100 $ 90,400 $ 95,000 Village Administration 513,200 538,800 565,800 594,100 Communications Division 244,300 256,500 269,300 282,800 Village Clerk's Office 173,700 182,300 191,500 201,000 Finance Department 1,036,700 1,088,500 1,142,900 1,200,100 Inspection Services 1,054,900 1,107, 600 1,163,000 1,221,200 Police Department 5,816,700 6,107,600 6,412,900 6,733,600 Fire Department 5,198,100 5,458,000 5,730,900 6,017,500 Central Dispatch 371,500 390,100 409,600 430,100 Human Services 398,400 418,300 439,200 461,100 Planning Department 356,100 373,900 392,600 412,300 Streets & Public Property 3,290,600 3,455,100 3,627,800 3,809,200 Streets - Resurfacing - 250,000 250,000 250,000 Refuse Disposal 2,771,700 2,993,400 3,173,100 3,363,400 Civic Groups 84,600 88,800 93,200 97,900 Pensions & Debt Service 39,909 -39,900 41,90Q 44,000 Total Expenditures $21,430,500 4 Q;Q, $23,994,100 $25,213,300 Excess of <Deficiency> Revenues over Expenditures < 1 1 " > 1<1'1f " > I <.L.521 > 1<119910P (1) Includes General Fund, Refuse Disposal Fund, IMRF Fund and the portion of the Capital Improvement Fund used for equipment and vehicle replacement. (2) See attached page for assumptions used. Schedule 2 VILLAGE OF MOUNT PROSPECT General Operating Funds Estimated Revenues and Expenditures 93/94 - 96/97 Assumptions for 93/94 - 96/97 Property Taxes - 5% Annual increase in the total levy Sales Tax ) State .Sales & Use Tax ) Food & Beverage Tax ) 4% Annual Increase Intergovernmental Revenue ) Real Estate Transfer Tax Service Charges ) 5% Annual Increase State Income Tax - 3% for 93/94 and 4% for 94/95 - 96/97 Licenses, Permits, Fees - Increase of $10 in the Vehicle License Fee effective 5/1/94 Fines Investment Income ) Estimated Trend Increases Other Income One -Time Reimbursements ) Forfeiture of Escrow Deposits Refuse Disposal - 8% for 93/94 & 94/95 and 6% for 95/96 & 96/97 Streets Resurfacing - $250,000 per year 94/95 - 96/97 Other Departments/Divisions - 5% Annual Increases after a reduction of $215,000 in 92/93 estimated expenditures to adjust for extraordinary expendi- tures VILLAGE OF MOUNT PROSPECT Deficit Reduction Plan 92/93 - 96/97 Expenditure Reductions Additional Services Additional Revenues Available Fund Balances Service Reductions - Reduce Deficit - Add to Deficit - Reduce Deficit - Reduce Deficit - Reduce Deficit Projected Deficit $ Add: Additional Services (+) Sub -Total $ Subtract: Expenditure Reductions (-) $ Additional Revenues (- ) Fund Balances (- ) Sub -Total $ Service Reductions (-) $ Balance VELLAGE OF MOUNT PROSPECT Deficit Reduction Plan Worksheet 92/93 - 96/97 Year Projected Deficit 92/93 $ 70,600 93/94 $1,,107,100$1,367, 94/95 95/96 i , 96/97 $l, Additional Services + + + + + Sub -Total Expenditure Reductions Additional Revenues - - - - - Fund Balances ��r�fNPrl`111 �r,��,ff Service Reductions - - - - - Bae $ -0- Phone: 708 / 392-6000 Fax: 708 / 392-6022 ZONING BOARD OF APPEALS Regular Meeting Thursday, November 12, 1992 7:30 P.M. Senior Citizen Center 50 South Emerson Street ZRA:71-SIL-22. Am and QgQ k The petitioners are seeking a Special Use Permit as required in Section 14.1101.C.6 to allow the installation of a ground -mounted satellite antenna. Village Board action is required for this case at their meeting of December 1. Edward The petitioner is seeking a variation from Section 14.1102.B.1 to allow a reduction in the required interior sideyard setback from 7.2 ft. to 4.5 ft. to allow a 4' x 9' room addition to the second story. Village Board action is required for this case at their meeting of December 1. The petitioners are seeking a variation to Section 14.1102.B.1 to allow a reduction to the required interior sideyard setback from 8.6 ft. to 5.75 ft. to allow an addition to the existing attached garage. Village Board action is required for this case at their meeting of December 1. ZDAIEVU2, G1 Giovaengli. 10 East Sunset The petitioner is seeking a variation to Section 14.1102.D.4 to allow a 7 ft. service walk to encroach into the sideyard setback instead of the maximum allowed 36 inches. Village Board action is required for this case at their meeting of December 1. w� MAYOR;w„ GERALD L FARLEY TRUSTEES MARK W BUSSE': GEORGE A. CLOWES TIMOTHY J.CORCORAN LEO FLOROS PAUL WM HOEFERT IRVANAK WILKS Village of Mount Prospect VIUA,6E MAMMAGIR MICHAEL E JANONIS VILLAGE CLERK 100 South Emerson Street Mount Prospect, Illinois 60056 CAROL A FIELDS Phone: 708 / 392-6000 Fax: 708 / 392-6022 ZONING BOARD OF APPEALS Regular Meeting Thursday, November 12, 1992 7:30 P.M. Senior Citizen Center 50 South Emerson Street ZRA:71-SIL-22. Am and QgQ k The petitioners are seeking a Special Use Permit as required in Section 14.1101.C.6 to allow the installation of a ground -mounted satellite antenna. Village Board action is required for this case at their meeting of December 1. Edward The petitioner is seeking a variation from Section 14.1102.B.1 to allow a reduction in the required interior sideyard setback from 7.2 ft. to 4.5 ft. to allow a 4' x 9' room addition to the second story. Village Board action is required for this case at their meeting of December 1. The petitioners are seeking a variation to Section 14.1102.B.1 to allow a reduction to the required interior sideyard setback from 8.6 ft. to 5.75 ft. to allow an addition to the existing attached garage. Village Board action is required for this case at their meeting of December 1. ZDAIEVU2, G1 Giovaengli. 10 East Sunset The petitioner is seeking a variation to Section 14.1102.D.4 to allow a 7 ft. service walk to encroach into the sideyard setback instead of the maximum allowed 36 inches. Village Board action is required for this case at their meeting of December 1. Zoning Board of Appeals Agenda Page 2 -7 h i 'n h E w The petitioners are seeking the following variations in order to construct a detached two - car garage: 1. A variation to Section 14.102.B.1 to allow a rear yard setback of 1.57 ft. instead of the minimum required 5 ft. for an accessory structure. 2. A variation to Section 14.1102.B.2 to allow an exterior sideyard setback of 17.3 ft. instead of the minimum required 20 feet. Village Board action is required for this case at their meeting of December 1. 2 Kimball i nI!M.WAgt r l Road The petitioners are seeking the following: 1. A rezoning from I-1 Light Industrial of Article XXII to R-3 Apartment Residence of Article XIV; as allowed in Article VIII, Amendments. 2. A Special Use Permit as required in Article XXV to allow a Planned Unit Development which consists of 92 townhome units on 8.76 acres. Village Board action is required on this case at their meeting of December 1. NOTE: In all cases where the Zoning Board of Appeals is final, a fifteen (15) day period is provided for anyone wishing to appeal their decision. No permit will be issued until this period has elapsed. I 6 MINUTES OF THE MEETING OF THE MOUNT PROSPECT SIGN REVIEW BOARD CALL TO ORDER: The meeting of the Sign Review Board was called to order at 7:30 p.m. by Chairperson Adelaide Thulin at the Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. ROLL CALL Members of the Sign Review Board present were John McDermott, Richard Rogers, Elizabeth Luxern, and Chairperson Adelaide Thulin. Absent were Commissioners Hal Pr ch and Wren Kostak., Also present was Kenneth Fritz, Economic Development Coordinator; and Harold Rerftchler, resit. MINUTES: The minutes of October 5 and October 19 were approved unanimously on a motion by Liz Luxem, seconded by Richard Rogers. NEW BUSINESS: This e was continued to November 2,1992 to allow Wal-Mart the opportunity to gather information together regarding signage that they seek on the west wall of their facility. In addition, the Sign Review Board wanted to know Wal -Mart's future plans for additional signage. Mr. Kevin Fowler, representing Wal-Mart Stores in Mount Prospect, indicated that they plan to change ft background r from light grey to the same deep blue background with white letters as was located over the main entrance. He further indicated that they have no intention to seek a tenant panel on the Mount Prospect Plaza signage or a separate freestanding sign on their tenant parcel. Mr. Fowler indicated that the proposed change in background color will be approximately 38'wide ich would extend from the corner to the first break in the parapet wall over the garden center. The Sign Review Board felt that the change in colors on the wall and sign copy would be a benefit to Wal-Mart In the appearance of the signage. Motion: A motion was made by Richard Rogers, seconded by Elizabeth Luxem to approve change in colors for the background and the sign copy for the west wall, provided treestanding sign would notb • •ht in the future. The motionpassed 4 ayes, • absent. Sign Review Board Minutes Page Two November 2, 1992 The petitioner seeks a variation from Section 7.305.A.2 and 7.305.A.8 to permit a freestanding sign 15' in height instead of the 12' maximum; and a reduction of the 25' site distance triangle to 12' at the Amoco Station located at than southwest corner of Main Street and Kensington Road. Mr. Glen Corkill, of Corkill Electric, represented Amoco and indicated that the present signage changed in the last year does not allow the operator enough visibility at the corner for the product identification and gas price signs. The present sign had been lowered to 12' height from the top of the logo torch emblem to grade. This leaves the gas price panels within 3' of the established grade at this location. Because of the busy. intersection of Kensington, Land, and Elmhurst Roads, Corkill, together with Amoco, designed a sign that incorporates the logo and gas pricing panels in a more readable fashion, side-by-side, with a total sign area of 42 square feet, and a clearance from the bottom of the sign to grade of 9°8", which will help visibility, especially upon exiting the station onto Elmhurst Road. The site distance triangle reduction froth 25' to 12' does not compromise safety and is, in U4 2' more than what has been proposedby the Sign Review Board and staff as a new standard for site distance triangle in the Sign Ordinance. Motion: A motion was made by Elizabeth Luxem, seconded by John McDermott to accept the proposal for variations in height and site distance triangle for the Amoco free standing sign. The motion was approved 4 ayes, 0 nays, 2 members' absent. Circuit City requests a Special Use and Variation to amend Ordinance #3666 in Sections 7.305.6.1 and 7.305.B.6 of the Sign Ordinance in order to permit three wall signs on one street frontage instead of one wall sign per street frontage as required by the Ordinance. Additionally, they seek a 35' height for the wall sign instead 30' maximum as required by the Ordinance. Mr. Greg Kinton, Construction Administrator for Circuit City, made a presentation on behalf of his company, indicating that Circuit City identification package is consistent in that they seek a 35' entrance pylon that rises above the parapet wall by 5'. The entrance pylon is so designed as to present two surfaces of possible signage. Circuit City plans to place the name "Circuit City" on both of these surfaces. The signage would be open channel letters with exposed white neon. An additional sign area is proposed for the exterior wall south of the main entrance to read "appliances, computers, video and audio". This signage constitutes a major departure by identifying product identification which has not been permitted in previous cares, specifically the Electric Avenue -Montgomery Ward signage in this same center. Elizabeth Luxem indicated her concern over the fact that this 1.ype of an operation with no internal access to the interior of the mall proposed is a departure from the shopping center concept that provides full access to the businesses from the interior court area of the shopping center. She likened the operation, as proposed, to a stand-alone store or Sign Review Board Minutes Page Three November 2, 1992 strip center, instead of the original shopping center concept. Mr. I(Inton indicated that, in order for their concept of retailing to be successful, they must hoe control at the main entrance, thus a secondary access point to the Interior of ft wall would pose a security problem and would not work well with the layout of tw store since the storage area would be back toward the interior of the mall. Mr. Kinton Indketed that within the next year, there will be 30 Circuit City stores in the Chicago market area. This location is among the first 19 expected to be open by the end of the first quarter of 1993. Mr. Rogers questioned the need for the height of ft entrance pylon being as high as proposed. Mr. l Inion replied that the design of the entrance of ft former Spiess building is such that in order for the signage to be easily readable, ft entrance pylon would need to project above the parapet wall. He indicated that the existing Spiess entrance design has a structure Oud rises above ft parapet wall. He also Indicated that the entrance Pym will serve as the initial customer center ire the main entrance and will serve as the main foyer to the larger space on the interior of the 33,000 square foot space. Motion: A motion was made by Richard Rogers, seconded by John McDermott to approve the Special Use amendment to Ordinance #3666 in order to permit two "Circuit City* signs on the entrance pylon. Additionally, a variation of 33' be granted for the wall ,sign instead of the 30' maximum as permitted by the ordinance. The third wall sign which proposed to identify the product lines of appliance, computers, video audio was denied. ' be motion passed 4 ayes, 0 nays, 2 members absent. OIL This is request by Amoco Oil to seek a Variation of 3' to permit a freestanding sign 15' in height instead of the 12' maximum. The station is located at the northwest corner of Dempster and Elmhurst. It was also noted in the sW reportthat the other three corners of this intersection are in the City of ides Plaines and all have larger freestanding signs. These include the White Hen Pantry, Phillips 66 Station, and theJewel-Osco development. In addition, a large billboard is located at the south edge of the Phillips 66 Station that has received a lot of criticism from both the City of Des Plaines and residents of Mount Prospect The existing sign is 120 square feet in area and 25' in height. What is being proposed is a sign height of 15' and a sign area of 51 square feet. This sign also includes an identification panel for the existing car wash on the property. There is existing landscaping at the base of the present sign. It is proposed that the new sign will be located on the same base upon removal of the non -conforming sign. Motion: A motion was made by Richard Rogers, seconded by Elizabeth Luxem to approve the height variation of 3' as presented for the sign at this location. The motion was approved 4 ayes, 0 nays, 2 members absent. Sign Review Board Minutes November 2, 1992 ADJOURNMENT: The meeting was adjourned at 8:50 p.m. Kenneth H. Fritz Economic Devel KHF:ci Page Four BUSINESS DISTRICT DEVELOPMENT AND REDEVELOPMENT COMMISSION Wednesday, October 28, 1992 .TO ORDER: The regular meeting of the Mount Prospect Business District Development and Redevelopment Commission was called to order at 7:32 P.M. at the Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. H Members of the Commission present: Chairman Hal Predovich, Commissioners Keith "Youngquist, Bart Ke k, and Joseph Janisch. Absent were Commissioners John Eilering and John Metzenthin. Also present were Janet Hansen, Mount Prospect Ctwnber Executive Director, David Clements, Planning Director, Kenneth Fritz, Economic Development Coordinator, and Jim Buzeski, Daily Herald Reporter. Q ESS= HM&N 9f n David Clements, Planning Director, outlined the changes that need to be presented to the Village Board as amendment #2 to the existing Tax Increment Finance District #1. He explained that the second amendment would be merged wfth the earlier amendment #1 which included the majority of the block by Wille, Central, Mein, and Busse. The result will be a complete document showing TIF .District #1 with Amendments #1 and #2 incorporated into the revised Redevelopment Project and Plan for the Downtown. Mr. Clements reviewed the changes to the document by referencing the highlighted and lined out sections of the document as either being the addition or deletions respectfully. Some of the major features of the revised TIF Redevelopment Project and Plan were to include redevelopment objectives earlier adopted by the Village Board and reviewed in joint sessions with the BDDRC regarding the triangle redevelopment area. These objectives included discussion on the elements of land use, development character, design guidelines, parking, and pedestrian movement. Additionally, sections of the recently revised Comprehensive Plan, dealing with downtown development, were incorporated into the TIF' District document Modification of the Maple Street corridor development and mixed use residential and commercial in the triangle area have been incorporated into the Tax Increment Finance document. Mr. Clements briefly reviewed the requirements for eligibility under the state statutes for designation as a Tax Increment Finance District under the qualifications as a conservation area. He indicated that more than 50% of the buildings in the area must be over 35 years BDDRC Minutes October 28, 1992 Page Two of age. Of the 14 other factors set forth in the act, 8 are present in the TIF District area. He also stated that the factors present are reasonably distributed throughout the area and all blocks within the study area show the presence of conservation factors. Particular attention was given to exhibits 1 through 4, made', part of the Redevelopment Project and Plan document. These included a new project boundary map for TIF District #1; an exhibit indicating the proposed development program for specific target areas within the new district; generalized land uses within the amended district; an identification of the target areas listed alphabetically "A" through "I". These maps serve to clarify many of the questions regarding the active target areas that will be focused upon as the redevelopment prdcess continues within the TIF District. The highest priority for redevelopment focuses on Target Are "G", mixed use retail and residential. This block contains Village owned properties of the former Public `Works garage and 100 West Northwest Highway (formerly Aldi's, Steak and Stuff, and presently Sara Lee and the Antique Center). The only property not under Village ownership is the Terrace Supply strip center located at the Southwest corner of Wille and Central. Mr. Keljik expressed his concern that the proposed Senior Citizen Housing, if developed in the triangle redevelopment area, might make the project marginal financially, since the land and building would be tax exempt under the Section 202 Program. Mr. Clements indicated that the next step in the Amendment #2 expansion of the TIF District is the convening of a Joint Review. Boards now a State requirement, made up of the major taxing bodies affected by the expansion, namely the elementary, high school, and community college districts, in addition to the County of Cook and the Park District, The Joint Review Board was scheduled to convene their first meeting on the 29th of October and report their findings with respect to the change in the TIF District to the Village Board within 30 days of that date. The Village Board will meet again after discussing the changes to the district with the Joint Review Beard on Tuesday, November 24. Therefore, the next BDDRC meeting scheduled for review of this document will be November 18, 1992. At this meeting a revised project plan by Broadacre will be reviewed as well as the Senior Housing portion of that development. The meeting was adjourned at 8:33 p.m on a motion by Bart Keljik, seconded by Joseph Janisch. Kenneth H. Fritz Economic Devel KHF:cl