HomeMy WebLinkAboutOrd 5823 12/21/2010 ORDINANCE NO. 5823
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT
PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2010 AND ENDING
DECEMBER 31, 2010
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 21 day of December, 2010
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 22 °a day of December, 2010.
ORDINANCE NO. 5823
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT
PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2010 AND ENDING
DECEMBER 31, 2010
NOW, THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the
Village of Mount Prospect, Cook County, Illinois, as follows:
Section 1: That the sum of Twenty -Four Million Two Hundred Seventeen Thousand Eight
Hundred and Twenty -Two Dollars ($24,217,822), the same being the total amount to be
levied of budget appropriations heretofore made for the corporate and municipal purposes for
the fiscal year beginning January 1, 2010 and ending December 31, 2010 as approved by the
President and Board of Trustees of the Village of Mount Prospect, be and the same is hereby
levied on all taxable property within the Village of Mount Prospect according to the
valuation of said property as is, or shall be assessed or equalized by the State and County
purposes for the current year 2010.
Section 2: The budgetary appropriations having been made by the President and
Board of Trustees of the Village of Mount Prospect were passed and approved by
Ordinance No. 5779 at a meeting hereof regularly convened and held in said Village of
Mount Prospect, Illinois, on the 15th day of December, 2009, and as amended by
Ordinance No. 5790 passed and approved on the 16 day of March, 2010 and thereafter
duly published according to law, the various objects and purposes for said budgetary
appropriations are heretofore made and set forth under the column entitled "Amount
Budgeted ", and the specific amount herein levied for each object and purpose is set forth
under the column entitled "Amount Levied ", in Articles I through IX.
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE I - GENERAL FUND
01 Public Representation
01 Mayor and Board of Trustees
Personal Services 30,983 0
Employee Benefits 5,070 0
Other Employee Costs 4,400 0
Contractual Services 75,853 0
Utilities 455 0
Commodities & Supplies 3,500 0
Total Mayor and Board of Trustees 120,261 0
02 Advisory Boards and Commissions
Personal Services 3,328 0
Employee Benefits 1,221 0
Contractual Services 1,000 0
Commodities & Supplies 600 0
Total Advisory Boards and Commissions 6,149 0
Total Public Representation 126,410 0
11 Village Administration
01 Village Manager's Office
Personal Services 433,709 0
Employee Benefits 116,215 0
Other Employee Costs 9,650 0
Contractual Services 4,628 0
Utilities 4,277 0
Commodities & Supplies 6,450 0
Office Equipment 300 0
Total Village Manager's Office 575,229 0
02 Legal Services
Contractual Services 538,250 0
Total Legal Services 538,250 0
03 Personnel Services
Personal Services 170,230 0
Employee Benefits 57,001 0
Other Employee Costs 10,200 0
Contractual Services 26,550 0
Commodities & Supplies 900 0
Office Equipment 300 0
Total Personnel Services 265,181 0
2
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
04 Management Information Systems
Personal Services 345,123 0
Employee Benefits 124,298 0
Other Employee Costs 5,500 0
Contractual Services 390,772 0
Utilities 3,850 0
Commodities & Supplies 4,150 0
Office Equipment 18,500 0
Total Management Information Systems 892,193 0
05 Public Information
Personal Services 62,373 0
Employee Benefits 23,701 0
Other Employee Costs 2,850 0
Contractual Services 155,000 0
Utilities 474 0
Commodities & Supplies 3,700 0
Total Public Information 248,098 0
Total Village Administration 2,518,951 0
12 Television Services Division
02 Cable TV Operations
Personal Services 83,019 0
Employee Benefits 33,231 0
Other Employee Costs 700 0
Contractual Services 10,089 0
Utilities 1,600 0
Commodities & Supplies 4,000 0
Other Equipment 7,000 0
Total Cable TV Operations 139,639 0
04 Intergovernmental Programming
Personal Services 31,175 0
Employee Benefits 10,946 0
Other Employee Costs 17,289 0
Commodities & Supplies 1,500 0
Other Equipment 1,500 0
Total Intergovernmental Programming 62,410 0
Total Television Services Division 202,049 0
3
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
14 Village Clerk's Office
02 Village Clerk's Office
Personal Services 126,804 0
Employee Benefits 47,646 0
Other Employee Costs 1,485 0
Contractual Services 29,679 0
Utilities 1,549 0
Commodities & Supplies 1,480 0
Total Village Clerk's Office 208,643 0
17 Finance Department
01 Finance Administration
Personal Services 148,674 0
Employee Benefits 44,193 0
Other Employee Costs 5,650 0
Contractual Services 138,238 0
Utilities 4,900 0
Commodities & Supplies 17,765 0
Office Equipment 400 0
Total Finance Administration 359,820 0
02 Accounting
Personal Services 343,383 0
Employee Benefits 139,805 0
Contractual Services 4,525 0
Commodities 4,080 0
Total Accounting 491,793 0
05 Insurance Program
Personal Services 59,499 0
Employee Benefits 19,662 0
Insurance 232,711 0
Total Insurance Program 311,872 0
06 Customer Services
Personal Services 270,526 0
Employee Benefits 101,521 0
Contractual Services 38,450 0
Commodities & Supplies 10,315 0
Total Customer Services 420,812 0
4
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
07 Cash Management
Personal Services 21,475 0
Employee Benefits 6,941 0
Total Cash Management 28,416 0
Total Finance Department 1,612,713 0
21 Community Development Department
01 Community Development Administration
Personal Services 178,256 0
Employee Benefits 67,788 0
Other Employee Costs 1,650 0
Contractual Services 10,000
Utilities 2,892 0
Commodities & Supplies 1,010 0
Total Community Development Administration 261,596 0
02 Planning & Zoning
Personal Services 169,853 0
Employee Benefits 68,021 0
Other Employee Costs 4,987 0
Contractual Services 82,712 0
Utilities 1,955 0
Commodities & Supplies 6,088 0
Total Planning & Zoning 333,616 0
03 Economic Development
Personal Services 56,452 0
Employee Benefits 15,931 0
Other Employee Costs 1,500 0
Contractual Services 20,000 0
Total Economic Development 93,883 0
05 Building Inspections
Personal Services 568,980 0
Employee Benefits 226,735 0
Other Employee Costs 16,328 0
Contractual Services 111,253 0
Utilities 8,086 0
Commodities & Supplies 9,530 0
Total Building Inspections 940,912 0
5
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
06 Housing Inspections
Personal Services 343,295 0
Employee Benefits 131,813 0
Other Employee Costs 5,381 0
Contractual Services 37,356 0
Utilities 2,901 0
Commodities & Supplies 5,000 0
Computer Equipment 4,200 0
Total Housing Inspections 529,946 0
07 Health Inspections
Personal Services 85,190 0
Employee Benefits 30,857 0
Other Employee Costs 1,400 0
Contractual Services 6,296 0
Utilities 1,837 0
Commodities & Supplies 2,513 0
Total Health Inspections 128,093 0
Total Community Development Dept. 2,288,046 0
31 Human Services Department
01 Human Services Administration
Personal Services 101,273 0
Employee Benefits 42,758 0
Other Employee Costs 1,700 0
Contractual Services 17,925 0
Utilities 11,054 0
Commodities & Supplies 8,665 0
Office Equipment 700 0
Total Human Services Administration 184,075 0
02 Social Services
Personal Services 289,413 0
Employee Benefits 97,780 0
Other Employee Costs 1,520 0
Commodities & Supplies 1,000 0
Total Social Services 389,713 0
6
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
03 Nursing/Health Services
Personal Services 118,064 0
Employee Benefits 39,064 0
Other Employee Costs 7,111 0
Contractual Services 52,400 0
Commodities & Supplies 22,450 0
Total Nursing/Health Services 239,089 0
04 Senior Center Leisure Programs
Personal Services 19,600 0
Employee Benefits 8,371 0
Contractual Services 7,500 0
Commodities & Supplies 350 0
Total Senior Programs 35,821 0
05 Community Connections Center
Personal Services 161,462 0
Employee Benefits 53,714 0
Other Employee Costs 2,250 0
Contractual Services 76,343 0
Utilities 3,702 0
Commodities & Supplies 6,600 0
Office Equipment 2,000 0
Total Community Connections Center 306,071 0
Total Human Services Department 1,154,769 0
41 Police Department
01 Police Administration
Personal Services 1,024,934 0
Employee Benefits 2,684,296 0
Other Employee Costs 134,500 0
Contractual Services 59,898 0
Utilities 33,160 0
Commodities & Supplies 21,220 0
Office Equipment 600 0
Total Police Administration 3,958,608 0
7
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
02 Patrol and Traffic Enforcement
Personal Services 7,121,100 3,588,935
Employee Benefits 1,247,765 0
Contractual Services 499,800 0
Commodities & Supplies 64,250 0
Office Equipment 5,150 0
Other Equipment 6,200 0
Total Patrol and Traffic Enforcement 8,944,265 3,588,935
03 Crime Prevention & Public Services
Personal Services 205,060 0
Employee Benefits 36,905 0
Other Employee Costs 4,300 0
Contractual Services 3,800 0
Commodities & Supplies 21,845 0
Total Crime Prevention & Public Services 271,910 0
04 Investigative and Juvenile Program
Personal Services 1,110,370 0
Employee Benefits 175,236 0
Contractual Services 25,700 0
Commodities & Supplies 4,550 0
Office Equipment 400
Other Equipment 500
Total Investigative and Juvenile Program 1,316,756 0
05 Crossing Guards
Personal Services 29,090 0
Employee Benefits 2,240 0
Commodities & Supplies 150 0
Total Crossing Guards 31,480 0
06 Equipment Maintenance & Operations
Contractual Services 491,345 0
Commodities & Supplies 15,300 0
Other Equipment 8,500 0
Total Equipment Maintenance & Operations 515,145 0
Total Police Department 15,038,164 3,588,935
8
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
42 Fire Department
01 Fire Administration
Personal Services 580,692 0
Employee Benefits 2,215,883 0
Other Employee Costs 70,250 0
Contractual Services 43,200 0
Commodities & Supplies 8,000 0
Office Equipment 9,000 0
Other Equipment 6,000 0
Total Fire Administration 2,933,025 0
02 Fire Department Operations
Personal Services 6,338,063 3,195,441
Employee Benefits 960,576 0
Other Employee Costs 49,800 0
Contractual Services 142,355 0
Commodities & Supplies 25,595 0
Building Improvements 3,800 0
Other Equipment 58,580 0
Total Fire Department Operations 7,578,769 3,195,441
03 Fire Training Academy
Personal Services 9,000 0
Employee Benefits 131 0
Commodities & Supplies 5,000 0
Total Fire Training Academy 14,131 0
04 Fire Prevention
Personal Services 435,720 0
Employee Benefits 152,050 0
Other Employee Costs 6,455 0
Contractual Services 1,400 0
Commodities & Supplies 7,800 0
Other Equipment 300 0
Total Fire Prevention 603,725 0
05 Fire Communications
Contractual Services 11,300 0
Utilities 38,311 0
Commodities & Supplies 3,500 0
Other Equipment 2,500 0
Total Fire Communications 55,611 0
9
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
06 Equipment Maintenance
Contractual Services 197,700 0
Commodities & Supplies 250
Total Equipment Maintenance 197,950 0
07 Emergency Preparedness
Personal Services 20,352 0
Employee Benefits 3,549 0
Other Employee Costs 2,000 0
Contractual Services 15,710 0
Commodities & Supplies 20,825 0
Total Emergency Preparedness 62,436 0
08 Paid -On -Call Program
Personal Services 18,340 0
Employee Benefits 1,405 0
Other Employee Costs 12,375 0
Other Equipment 1,060 0
Total Paid -On -Call Program 33,180 0
Total Fire Department 11,478,827 3,195,441
50 Public Works - Administration
01 Public Works Administration
Personal Services 234,319 0
Employee Benefits 149,319 0
Other Employee Costs 25,802 0
Contractual Services 538,489 0
Utilities 19,470 0
Commodities & Supplies 15,169 0
Other Equipment 255 0
Total Public Works Administration 982,823 0
51 Public Works - Streets /Bldgs /Parking
01 Street Division Administration
Personal Services 127,374 0
Employee Benefits 34,492 0
Total Street Division Administration 161,866 0
10
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
02 Maintenance of Public Buildings
Personal Services 411,298 0
Employee Benefits 135,844 0
Contractual Services 290,729 0
Utilities 73,193 0
Commodities & Supplies 99,341 0
Total Maintenance of Public Buildings 1,010,405 0
04 Street Maintenance
Personal Services 183,216 0
Employee Benefits 53,191 0
Contractual Services 18,185 0
Commodities & Supplies 24,888 0
Infrastructure 40,000 0
Total Street Maintenance 319,480 0
05 Snow Removal
Personal Services 304,848 0
Employee Benefits 71,105 0
Contractual Services 80,576 0
Commodities & Supplies 12,855 0
Total Snow Removal 469,384 0
07 Storm Sewer and Basin Maintenance
Personal Services 61,293 0
Employee Benefits 32,463 0
Contractual Services 11,670 0
Commodities & Supplies 7,231 0
Total Storm Sewer and Basin Maintenance 112,657 0
08 Maintenance of State Highways
Personal Services 24,995 0
Employee Benefits 8,212 0
Contractual Services 11,742 0
Commodities & Supplies 25,445 0
Total Maintenance of State Highways 70,394 0
11
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
09 Traffic Sign Maintenance
Personal Services 81,721 0
Employee Benefits 26,446 0
Commodities & Supplies 13,877 0
Total Traffic Sign Maintenance 122,044 0
Total Public Works - Streets /Bldgs /Parking 2,266,230 0
52 Public Works - Forestry/Grounds
01 Forestry Division Administration
Personal Services 181,056 0
Employee Benefits 56,707 0
Total Forestry Division Administration 237,763 0
02 Maintenance of Grounds
Personal Services 261,279 0
Employee Benefits 81,900 0
Contractual Services 121,486 0
Commodities & Supplies 8,656 0
Total Maintenance of Grounds 473,321 0
03 Forestry Program
Personal Services 295,107 0
Employee Benefits 99,671 0
Other Employee Costs 3,662 0
Contractual Services 570,196 0
Commodities & Supplies 10,702 0
Total Forestry Program 979,338 0
04 Public Grounds Beautification
Personal Services 24,137 0
Employee Benefits 8,052 0
Contractual Services 7,630 0
Commodities & Supplies 32,191 0
Total Public Grounds Beautification 72,010 0
Total Public Works - Forestry/Grounds 1,762,432 0
12
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
52 Public Works - Engineering
01 Engineering Services
Personal Services 599,672 0
Employee Benefits 179,361 0
Other Employee Costs 3,552 0
Contractual Services 39,619 0
Commodities & Supplies 7,105 0
Office Equipment 546 0
Other Equipment 1,638 0
Total Engineering Services 831,493 0
05 Traffic Control & Street Lighting
Personal Services 101,728 0
Employee Benefits 31,839 0
Contractual Services 5,307 0
Utilities 75,000 0
Commodities & Supplies 25,750 0
Total Traffic Signals & Street Lighting 239,624 0
Total Public Works - Engineering 1,071,117 0
61 Community Service Programs
01 Community Groups & Misc.
Contractual Services 128,400 0
Other Expenditures 8,000 0
Total Community Groups & Misc. 136,400 0
03 4th of July & Civic Events, Etc.
Personal Services 91,054 0
Employee Benefits 15,873 0
Contractual Services 25,995 0
Commodities & Supplies 34,330 0
Total 4th of July & Civic Events, Etc. 167,252 0
04 Holiday Decorations
Personal Services 7,797 0
Employee Benefits 2,643 0
Contractual Services 53,390 0
Commodities & Supplies 17,500 0
Total Holiday Decorations 81,330 0
13
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
05 Blood Donor Program
Personal Services 1,880 0
Employee Benefits 144 0
Commodities & Supplies 750 0
Total Blood Donor Program 2,774 0
Total Community Service Programs 387,756 0
82 Retiree Pensions
01 Miscellaneous Pensions
Pension Benefits 46,600 0
Total Miscellaneous Pensions 46,600 0
Total Retiree Pensions 46,600 0
TOTAL GENERAL FUND 41,145,530 6,784,376
TOTAL BUDGET FOR GENERAL FUND 41,145,530
AMOUNT TO BE RAISED BY TAX LEVY 6,784,376
ADD 2% FOR LOSS & COST OF COLLECTION 135,688
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR GENERAL FUND 6,920,064
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VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE II - REFUSE DISPOSAL FUND
56 Public Works - Refuse Disposal
01 Refuse Disposal Program
Personal Services 95,002 0
Employee Benefits 30,547 0
Other Employee Costs 1,200 0
Contractual Services 3,853,608 1,750,000
Utilities 572 0
Insurance 22,734 0
Commodities & Supplies 15,710 0
Total Refuse Disposal Program 4,019,373 1,750,000
2 Refuse Leaf Removal Program
Personal Services 156,940 0
Employee Benefits 46,601 0
Commodities & Supplies 18,027 0
Total Leaf Removal Program 221,568 0
TOTAL REFUSE DISPOSAL FUND 4,240,941 1,750,000
TOTAL BUDGET FOR REFUSE DISPOSAL FUND 4,240,941
AMOUNT TO BE RAISED BY TAX LEVY 1,750,000
ADD 2% FOR LOSS & COST OF COLLECTION 35,000
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR REFUSE DISPOSAL FUND 1,785,000
ARTICLE III - SERIES 2003 DEBT SERVICE FUND, PUBLIC BUILDINGS
81 Debt Service
02 G.O.Bonds - Property Taxes
Bond Principal 550,000 550,000
Interest Expense 363,508 363,508
Bank and Fiscal Fees 600 0
Total G.O.Bonds - Property Taxes 914,108 913,508
Total Debt Service 914,108 913,508
TOTAL SERIES 2003 DEBT SERVICE FUND 914,108 913,508
TOTAL BUDGET FOR SERIES 2003 DEBT SERVICE FUND, PUBLIC BUILDINGS 914,108
AMOUNT TO BE RAISED BY TAX LEVY 913,508
ADD 2% FOR LOSS & COST OF COLLECTION 18,270
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SERIES 2003 DEBT SERVICE FUND, PUBLIC BUILDINGS 931,778
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VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE IV - SERIES 2009 DEBT SERVICE FUND, PUBLIC BUILDINGS
81 Debt Service
02 G.O.Bonds - Property Taxes
Bond Principal 0 0
Interest Expense 417,263 417,263
Bank and Fiscal Fees 400 0
Total G.O.Bonds - Property Taxes 417,663 417,263
Total Debt Service 417,663 417,263
TOTAL SERIES 2009 DEBT SERVICE FUND 417,663 417,263
TOTAL BUDGET FOR SERIES 2009 DEBT SERVICE FUND, PUBLIC BUILDINGS 417,663
AMOUNT TO BE RAISED BY TAX LEVY 417,263
ADD 2% FOR LOSS & COST OF COLLECTION 8,345
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SERIES 2009 DEBT SERVICE FUND, PUBLIC BUILDINGS 425,608
ARTICLE V - SERIES 2009B DEBT SERVICE FUND, REFUNDING (SERIES 2001)
81 Debt Service
02 G.O.Bonds - Property Taxes
Bond Principal 230,000 230,000
Interest Expense 105,600 105,600
Bank and Fiscal Fees 400 0
Total G.O.Bonds - Property Taxes 336,000 335,600
Total Debt Service 336,000 335,600
TOTAL SERIES 2009B DEBT SERVICE FUND 336,000 335,600
TOTAL BUDGET FOR SERIES 2009B DEBT SERVICE FUND, PUBLIC BUILDINGS 336,000
AMOUNT TO BE RAISED BY TAX LEVY 335,600
ADD 2% FOR LOSS & COST OF COLLECTION 6,712
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SERIES 2009B DEBT SERVICE FUND, PUBLIC BUILDINGS 342,312
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VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE VI - SERIES 2009C DEBT SERVICE FUND, PUBLIC BUILDINGS
81 Debt Service
02 G.O.Bonds - Property Taxes
Bond Principal 0 0
Interest Expense 135,023 87,765
Bank and Fiscal Fees 400 0
Total G.O.Bonds - Property Taxes 135,423 87,765
Total Debt Service 135,423 87,765
TOTAL SERIES 2009C DEBT SERVICE FUND 135,423 87,765
TOTAL BUDGET FOR SERIES 2009C DEBT SERVICE FUND, PUBLIC BUILDINGS 135,423
AMOUNT TO BE RAISED BY TAX LEVY 87,765
ADD 2% FOR LOSS & COST OF COLLECTION 1,755
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SERIES 2009C DEBT SERVICE FUND, PUBLIC BUILDINGS 89,520
ARTICLE VII - POLICE PENSION FUND
82 Retiree Pensions
02 Police Pensions
Pension Benefits 3,092,800 2,467,527
Contractual Services 127,000 0
Insurance 10,000 0
Commodities & Supplies 500 0
Other Expenditures 12,000 0
Total Police Pensions 3,242,300 2,467,527
Total Retiree Pensions 3,242,300 2,467,527
TOTAL POLICE PENSION FUND 3,242,300 2,467,527
TOTAL BUDGET FOR POLICE PENSION FUND 3,242,300
AMOUNT TO BE RAISED BY TAX LEVY 2,467,527
ADD 2% FOR LOSS & COST OF COLLECTION 49,351
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR POLICE PENSION FUND 2,516,878
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VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE VIII - FIREFIGHTERS' PENSION FUND
82 Retiree Pensions
03 Firefighters' Pensions
Pension Benefits 2,970,000 2,140,664
Contractual Services 126,500 0
Insurance 12,000 0
Commodities & Supplies 1,000 0
Other Expenditures 12,000 0
Total Firefighters' Pensions 3,121,500 2,140,664
Total Retiree Pensions 3,121,500 2,140,664
TOTAL FIREFIGHTERS' PENSION FUND 3,121,500 2,140,664
TOTAL BUDGET FOR FIREFIGHTERS' PENSION FUND 3,121,500
AMOUNT TO BE RAISED BY TAX LEVY 2,140,664
ADD 2% FOR LOSS & COST OF COLLECTION 42,813
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
FIREFIGHTERS' PENSION FUND 2,183,477
ARTICLE VII - MOUNT PROSPECT LIBRARY FUND
95 Mount Prospect Library
02 Library Services
Component Unit Expenditures 8,083,511 7,699,510
Bond Principal 965,000 965,000
Interest Expense 656,609 656,609
Total Library Services 9,705,120 9,321,119
TOTAL MOUNT PROSPECT LIBRARY FUND 9,705,120 9,321,119
TOTAL BUDGET FOR MOUNT PROSPECT LIBRARY FUND 9,705,120
AMOUNT TO BE RAISED BY TAX LEVY - Component Unit Expenditures 7,699,510
AMOUNT TO BE RAISED BY TAX LEVY - Bond Principal and Interest 1,621,609
ADD 2% FOR LOSS & COST OF COLLECTION 186,422
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
MOUNT PROSPECT LIBRARY FUND 9,507,541
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VILLAGE OF MOUNT PROSPECT, ILLINOIS
2010 TAX LEVY SUMMARY
Amount Total
to be Raised Amount Tax Levy
Amount by for Loss Incl. Loss
Article Fund Budgeted Tax Levy and Cost and Cost
I General $ 41,145,530 6,784,376 135,688 6,920,064
II Refuse Disposal 4,240,941 1,750,000 35,000 1,785,000
III Series 2003 Debt Service, Public Bldgs. 914,108 913,508 18,270 931,778
IV Series 2009 Debt Service, Public Bldgs. 417,663 417,263 8,345 425,608
V Series 2009B Debt Service, '01 Refunding 336,000 335,600 6,712 342,312
VI Series 2009C Debt Service, Public Bldgs. 135,423 87,765 1,755 89,520
VII Police Pension Fund 3,242,300 2,467,527 49,351 2,516,878
VIII Firefighters' Pension Fund 3,121,500 2,140,664 42,813 2,183,477
Village Totals 53,553,465 14,896,703 297,935 15,194,638
IX Mount Prospect Library
Library Services 8,083,511 7,699,510 153,990 7,853,500
Library Debt Service 1,621,609 1,621,609 32,432 1,654,041
Library Totals 9,705,120 9,321,119 186,422 9,507,541
Village and Library Totals $ 63,258,585 24,217,822 484,357 24,702,179
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Section 3: The sum of $317,800 is estimated to be received from personal property
replacement tax revenue during the fiscal year commencing January 1, 2010 and ending
December 31, 2010 and has been included herein as funds to be derived from sources other
than property taxes for general obligation bonds and interest, pensions, library services and
general corporate purposes.
Section 4: That the County Clerk is directed to add 2% to the requested tax levy as a
provision for loss and cost.
Section 5: That the Village Clerk of the Village of Mount Prospect is hereby directed to
certify a copy of this Ordinance and is hereby authorized and directed to file a copy of the
same with the County Clerk of Cook County, Illinois, within the time specified by law.
Section 6: That, if any part or parts of this Ordinance shall be held to be unconstitutional
or otherwise invalid, such constitutionality or invalidity, shall not affect the validity of the
remaining parts of this Ordinance. The President and Board of Trustees of the Village of
Mount Prospect hereby declares that they would have passed the remaining parts of the
Ordinance of they had known that such parts or parts thereof would be declared
unconstitutional or otherwise invalid.
Section 7: That this Ordinance shall be in full force and effect from and after its passage,
approval, publication in pamphlet form and recording, as provided by law.
AYES: Hoefert, Korn, Matuszak, Polit, Zadel
NAYES: None
ABSENT: Juracek
PASSED and APPROVED this 21 day of December, 2010.
.
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