HomeMy WebLinkAbout5. Old Business 12/20/2011Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER ;
FROM: FINANCE DIRECTOR r•.,
DATE: NOVEMBER 28, 2011
SUBJECT: 2011 GENERAL CORPORATE AND SPECIAL SERVICE AREA
AND ABATEMENT ORDINANCES
PURPOSE:
To obtain approval of the attached three ordinances related to the tax levies of the Village, the Mount
Prospect Public Library, and the Village's Special Service Area.
BACKGROUND:
Prior to December 27, 2011 the Village must have on file with the County Clerk its 2011 tax levy ordinances.
The Village will receive proceeds from the 2011 tax levy in 2012.
The Village Board first discussed the proposed 2011 tax levy at its October 25th Committee of the Whole
meeting. Staff recommends a net Village tax levy of $15,852,353, an increase of 4.33% from the prior year.
The Mount Prospect Library Board approved their tax levy request at its meeting on October 6, 2011. They
are asking for a total levy, inclusive of a 2.0% provision for loss and cost, of $9,854,744. This represents an
increase of 3.65% over the 2010 levy.
DISCUSSION:
The following table compares the proposed 2011 levy to the 2010 levy for the Village and Library. The
amounts presented in the table are net of abatements and are inclusive of the 2% provision for loss and
cost.
Village
General
Refuse
Debt Service
Police Pension
Fire Pension
Total Village
Library
Operations
Debt Service
Total Library
Total
2011 Levy
2010 Levy
$ Increase
% Change
7,521,422
6,921,544
599,878
8.67%
1,838,550
1,785,000
53,550
3.00%
1,782,245
1,787,739
(5,494)
(0.31 1 /6)
2,484,780
2,516,878
(32,098)
(1.28 1 /6)
2,225,356
2,183,477
41,879
1.92%
15,852,353
15,194,638
657,715
4.33%
8,247,107
7,853,500
393,607
5.01%
1,607,637
1,654,041
4( 6,404)
2.81 0 /6
9,854,744
9,507,541
347,203
3.65%
25,707.097
24,702.179
1.004.918
4.07°
A detailed spreadsheet of all proposed levies, including detailed levies for each outstanding bond issue, is
also attached.
2011 Property Tax Levy
November 28, 2011
Page 2
The Village's 2010 equalized assessed valuation (EAV) is $1,834,680,507. Our 2011 EAV is estimated to
increase approximately 5.30% from the prior year based on historical trends. This projection is subject to
change based on the significant adjustments made by the Cook County Assessor for the 2010 values. The
final 2011 EAV will not be available until August 2012. The Village's 2011 tax rate is expected to decrease
to $0.821 from the 2010 rate of $0.828. This is due to the increase in the estimated EAV from the prior year
(5.3 %) and limiting the levy increase to 4.33 %. The Library's 2011 tax rate is estimated at $0.510,
compared to the 2010 rate of $0.518.
For illustration purposes only, a home with an EAV of $115,500 (a market value of approximately $350,000)
in 2011 will pay taxes of $947 to the Village of Mount Prospect and $568 to the Library for the levy extended
in 2012. Assuming valuations do not change, the Village portion of the levy for a typical home will increase
$39 while the increase in the Library levy is $21 from the levy extended in 2009. These amounts will vary
based on eligible tax reductions for homeowner or senior exemptions or senior assessment freezes.
Special Service Area No. 5 was created in the mid - eighties to help fund the delivery of Lake Michigan water
to the Village's water system. It is recommended the 2011 levy remain the same as the 2010 levy
($1,545,773).
The Village Board is being asked to consider three ordinances related to the 2011 tax levy. Two of the
ordinances establish the initial levy of the Village (including the Library) and the Village's special service
area. The third is an abatement ordinance that reduces a portion of the Series 2009C debt service tax levy
established by its bond ordinance. The abatement is the result of issuing these bonds as Build America
Bonds (BAB). The BAB's provide a federal subsidy of 35% of the interest paid on the bonds to the issuer
which lowers the overall cost of borrowing. The subsidy is used to abate a portion of the tax levy for debt
service. The BAB subsidy for 2011 is $47,258.
RECOMMENDATION:
It is recommended the Village Board approve the attached 2011 property tax levy ordinances.
David O. Erb
Finance Director
Attachment
DOE/
(:\Property Taxes\2011 Levy \Levy Ordinance Cover Memo to Board - 2011.docx
Nursery, 1801 N. Rand Road,
Palatine. With fresh,designer
greens, branches and berries,
the designers will show you
how to create a Holiday swag.
Bring a pair of gloves and
pruners. Cost is $30. Register
at (847) 359 -1080.
Moon Over Wheeling: 7 -8:30
j p.m., Wednesday, Nov 30,
Indian Trails Public Library,
355 S. Schoenbeck Road,
Wheeling. The Lake County.
Astronomical Society will
bring telescopes for viewing
the moon, planets and stars.
Dress appropriately for out-
doors. Participants can bring
their own telescopes. Regis-
tration required.
NOTICE OF PROPOSED PROPERTY TAX LEVY a
FOR THE VILLAGE OF MOUNT PROSPECT
I. A public hearing to approve a proposed property tax
levy for the Village of Mount Prospect for the
fiscal year ^
beginning January 1, 2011 and ending December 31, 2011 ,
will be held on December 6, 2011 at 7:0.0 p.m. at the Mount
Prospect Village Board Room, 50 South Emerson Street,
Mount Prospect, Illinois. Any person desiring to appear
at the public hearing and present testimony to the taxing
district may contact David 0. Erb, Finance Director, 50
South Emerson Street, Mount Prospect, Illinois
(847) 392 -6000.
II. The corporate-and special Pub property taxes ;
extended or abated for the fiscal year beginning January 1,
2010 and ended December 31, 2010 were $21260,400 r
The proposed corporate and special purpose property
taxes to be levied for the fiscal year*inning January 1,
2011 and ending December 311,2011 are 0,317,215 Thy`
represents a 4.97% increase over the previous year.
III. The property taxes extended for debt service for the
fiscal year beginning January 1, 2010 and ended December
=..
31, 2010 were $3,441,779.
K
The estimated property taxes to be levied for debt service
for the fiscal ear beginning Jan 1, 2011 and ending
Y �9� 9 �► n9
3
December 31, 2011 are $3,389,882. This represents
1.51 % decrease from the previous year.
T
IV. The total property taxes extended or abated for the fiscal .
year beginning January 1, 2010 and ended December 31, .
2010 were $24,702,179.
The estimated total property taxes to be levied for the fiscal
year beginning January 1, 2011 and wing December 31,
`-
2011 are $25,707,097. This represents a 4.07% increase
over the previous year.
Dated this 25th day of November 2011.
. /sJ M. Lisa Angell :ff�
Village Clerk
ORDINANCE NO.
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, 2011 AND ENDING
DECEMBER 31, 2011
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the day of 2011
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the day of 12011.
ORDINANCE NO.
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, 2011 AND ENDING
DECEMBER 31, 2011
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 -Five Million Two Hundred Three Thousand Thirty -
Seven Dollars ($25,203,037), 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, 2011 and ending December 31, 2011 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 2011.
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. 5826 at a meeting hereof regularly convened and held in said Village of
Mount Prospect, Illinois, on the 21st day of December, 2010, and as amended by
Ordinance No. 5852 passed and approved on the 19 day of April, 2011 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 VI.
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
ARTICLE I - GENERAL FUND
10 Public Representation
11 00 000 Mayor and Board of Trustees
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Utilities
Commodities & Supplies
Total Mayor and Board of Trustees
11 00 001 Community Groups & Misc.
Contractual Services
Other Expenditures
Total Community Groups & Misc.
11 00 002 Blood Donor Program
Amount Amount
Budgeted Levied
31,101 0
5,591 0
2,250 0
67,959 0
455 0
3,000 0
110,356 0
108,700 0
8,000 0
116,700 0
Personal Services 1,844 0
Employee Benefits 142 0
Commodities & Supplies 750 0
Total Blood Donor Program 2,736 0
11 00 400 4th of July & Civic Events, Etc.
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total 4th of July & Civic Events, Etc.
11 00 401 Holiday Decorations
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total Holiday Decorations
12 00 000 Advisory Boards and Commissions
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total Advisory Boards and Commissions
Total Public Representation
94,169 0
12,122 0
25,995 0
37,430 0
169,716 0
8,184 0
1,895 0
53,390 0
17,500 0
80,969 0
3,432 0
1,556 0
1,000 0
600 0
6,588 0
487,065 0
2
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
I
Amount
Amount
BudLeted
Lev ied
20 Village Administration
21 00 000
Village Manager's OtYjcc
personal Services
398,950
0
Etuployce l3criefits
172,164
0
Other Employee Costs
7,300
0
Contractual Services
6,984
0
Utilities
4,277
0
Commodities & Supplies
6,550
Office 1.:,quiprnent
300
0
Total Village Manager's Office
596,525
0
21 00 050
Legal Services
Contractual Services
438,250
'rotal Legal Serviccs
438,250
0
22 00 000
Village Clerk's Office
Personal Services
77,537
0
Emp I oyce; Bene
33,950
0
Other Ernploycc Costs
1,015
0
Contractual Services
27,810
0
Utilities
1,549
0
Commodities & Supplies
1,200
Total Village Clerk's Office
143,061
0
23 O�O 000
Human Resources
Personal Services
170,357
0
Employee Bencrits
62,690
0(her'Employce Costs
10,200
0
Contractual Services
6,075
0
Commodities & Supplies
500
0
Officc Equipment
300
0
Total Human Resources
250
0
24 00 00'0
Information Tcchnology
Personal Services
347,608
0
Employee Benefits
112,532
0
Other Employee Costs
5,500
0
ContraCtUal Services
603,683
0
Utilities
3,850
0
Corranodities & Supplies
4,150
0
Offlice Equipmcnt
18,500
0
Other Equipment
0
0
Total Information Technology
_1,095,823
0
I
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
25 00 000 Public Information
23,772 0
Personal Services
63,429 0
Employee Benefits
26,580 0
Other Employee Costs
1,200 0
Contractual Services
115,000 0
Utilities
0 0
Commodities & Supplies
1,800 0
Total Public Information
208,009 0
26 00 000 TV Services
0 0
Personal Services
61,530 0
Employee Benefits
30,234 0
Other Employee Costs
700 0
Contractual Services
12,298 0
Utilities
1,600 0
Commodities & Supplies
4,000 0
Other Equipment
7,000 0
Total TV Services
117,362 0
26 00 051 Intergovernmental Programming
Personal Services
23,772 0
Employee Benefits
4,345 0
Other Employee Costs
17,743 0
Commodities & Supplies
1,500 0
Other Equipment
1,500 0
Total Intergovernmental Programming
48,860 0
20 Village Administration - IT System Improvements
90 00 707 IT System Improvements
Office Equipment
0 0
Total Village Administration - IT System Improvements
0 0
Total Village Administration
2,898,012 0
30 Finance Department
01 00 000 Finance Administration
Personal Services
116,276 0
Employee Benefits
36,444 0
Other Employee Costs
12,233 0
Contractual Services
134,350 0
Utilities
5,820 0
Commodities & Supplies
19,750 0
Office Equipment
1,000 0
Total Finance Administration
325,873 0
01 00 100 Insurance Program
Personal Services
31,601 0
Employee Benefits
9,243 0
Insurance
318,468 0
Total Insurance Program
359,312 0
4
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
01 00 150 Economic Development
Personal Services
Amount
Amount
13,809 0
Budgeted
Levied
01 00 101 Cash Management
35,000 0
Total Economic Development
Personal Services
21,476
0
Employee Benefits
3,956
0
Total Cash Management
25,432
0
31 00 000 Accounting
55,818 0
Utilities
Personal Services
309,683
0
Employee Benefits
103,999
0
Contractual Services
5,527
0
Commodities
2,950
0
Total Accounting
422,159
0
32 00 000 Customer Services
Personal Services
284,106
0
Employee Benefits
106,255
0
Contractual Services
47,500
Cl
Commodities & Supplies
11,,850
0
Total Customer Services
449,711
0
Total Finance Department
1,582,487
0
40 Community Development Department
01 00 000 Community Development Administration
Personal Services
169,807
0
Employee Benefits
83,776
0
Other Employee Costs
3,650
0
Contractual Services
0
Utilities
2,892
0
Commodities & Supplies
1,010
0
Total Community Development Administration
261,135
0
01 00 150 Economic Development
Personal Services
56,603 0
Employee Benefits
13,809 0
Other Employee Costs
1,500 0
Contractual Services
35,000 0
Total Economic Development
106,912 fl
41 00 000 Planning & Zoning
Personal Services
171,727 0
Employee Benefits
63,602 0
Other Employee Costs
6,987 0
Contractual Services
55,818 0
Utilities
2,622 0
Commodities & Supplies
3,488 0
Total Planning & Zoning
304,244 0
5
W
i
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
42 00 000 Building
Personal Services
408,047 0
Employee Benefits
160,903 0
Other Employee Costs
8,508 0
Contractual Services
215,530 0
Utilities
8,086 0
Commodities & Supplies
8,608 0
Total Building
809,682 0
43 41 000 Housing Inspections
Personal Services
344,191 0
Employee Benefits
133,773 0
Other Employee Costs
5,381 0
Contractual Services
52,493 0
Utilities
2,901 0
Commodities & Supplies
5,500 0
Computer Equipment
4,200 0
Total Housing Inspections
548,439 5
43 42 000 Health Inspections
Personal Services
89,734 0
Employee Benefits
39,432 0
Other Employee Costs
1,400 0
Contractual Services
8,702 0
Utilities
1,837 0
Commodities & Supplies
2,513 0
Total Health Inspections
143,618 0
Total Community Development Dept.
2,174,030 0
50 Human Services Department
01 00 000 Human Services Administration
Personal Services
94,588 0
Employee Benefits
51,654
Other Employee Costs
1,206 0
Contractual Services
10,535 0
Utilities
9,755
Commodities & Supplies
5,400 0
Office Equipment
700 0
Total Human Services Administration
173,838 0
51 00 000 Social Services
Personal Services
251,469 0
Employee Benefits
82,284
Other Employee Costs
1,150 0
Commodities & Supplies
1,000 0
Total Social Services
335,903 0
6
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgcted Levied
52 00 000 Nursing/Health Services
Personal Services
111,796 0
Employee Benefits
39,079 0
Other Employee Costs
900 0
Contractual Services
43,500 0
Commodities & Supplies
17,800 0
Total Nursing/Health Services
213,075 0
53 00 000 Senior Center Leisure Programs
Personal Services 19,138 !.1
Employee Benefits 8,966 0
Contractual Services 5,000 0
Commodities & Supplies 0 0
Total Senior Center Leisure Programs 33,104 0
54 00 000 Community Connections Center
Personal Services
163,367 0
Employee Benefits
62,754 0
Other Employee Costs
1,760 0
Contractual Services
68,510 0
Utilities
4,120 0
Commodities & Supplies
5,400 0
Office Equipment
1,200 0
Total Community Connections Center
307,111 0
Total Human Services Department
1,063,031 0
60 Police Department
01 00 000 Police Administration
Personal Services
1,048,064 0
Employee Benefits
3,048,700 0
Other Employee Costs
143,700 0
Contractual Services
88,600 0
Utilities
33,800 0
Commodities & Supplies
21,220 0
Office Equipment
600 0
Total Police Administration
4,384,684 0
01 00 250 Crossing Guards
Personal Services
0 0
Employee Benefits
0 0
Commodities & Supplies
0 0
Total Crossing Guards
0 0
01 00 252 Equipment Maintenance & Operations
Contractual Services
722,057 0
Commodities & Supplies
15,300 0
Other Equipment
8,300 0
Total Equipment Maintenance & Operations
745,657 0
7
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
ii
Amount Amount
Budgeted Levied
01 61 000 Records
Personal Services
Employee Benefits
Building Improvements
Total Records
0 0
0 0
0 0
0 0
01 62 000 Technical Services
20,330 0
Personal Services
0 0
Employee Benefits
0 0
Total Technical Services
0 C1
01 63 000 Auxiliary Service
4,000 0
Personal Services
0 0
Employee Benefits
0 0
Employee Benefits
0 0
Total Auxiliary Services
0 0
61 64 000 Crime Prevention & Public Services
Personal Services
20,330 0
Employee Benefits
10,576 0
Other Employee Costs
4,300 0
Contractual Services
500 0
Commodities & Supplies
4,000 0
Total Crime Prevention & Public Services
39,706 0
61 65 000 Patrol and Traffic Enforcement
Personal Services
6,614,645
3,834,500
Employee Benefits
1,072,363
0
Contractual Services
512,900
0
Commodities & Supplies
76,147
0
Office Equipment
1,750
0
Other Equipment
5,500
0
Total Patrol and Traffic Enforcement
8,283,305
3,834,500
61 66 000 Investigative and Juvenile Program
Personal Services
1,050,922
0
Employee Benefits
189,181
0
Other Employee Costs
0
0
Contractual Services
24,200
0
Commodities & Supplies
4,550
0
Office Equipment
400
0
Other Equipment
500
0
Total Investigative and Juvenile Program
1,269,753
0
Total Police Department
14,723,105
3,834,500
8
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
70 Fire Department
01 00 000 Fire Administration
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Commodities & Supplies
Office Equipment
Other Equipment
Total Fire Administration
01 00 309 Equipment Maintenance
Contractual Services
Commodities & Supplies
Total Equipment Maintenance
71 00 000 Fire Department Operations
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Commodities & Supplies
Building Improvements
Other Equipment
Total Fire Department Operations
71 00 300 Fire Communications
Contractual Services
Utilities
Commodities & Supplies
Other Equipment
Total Fire Communications
71 00 302 Paid -On -Call Program
Personal Services
Employee Benefits
Other Employee Costs
Other Equipment
Total Paid -On -Call Program
71 00 303 Fire Training Academy
Personal Services
Employee Benefits
Commodities & Supplies
Total Fire Training Academy
Amount Amount
Budgeted Levied
562,946
2,412,391
68,900
36,800
8,000
15,165
5,500
3,1 X19,702
0
0
0
0
0
0
0
0
457,764
250
458,014
0
0
6,100,176 3,539,443
873,118 0
46,800 0
126,975 0
29,383 0
0 0
60,008 0
7,236,460 3,539,443
8,800
33,000
3,500
2,500
47,800
24,805
1,900
12,375
1,000
40,080
8,810
128
4,000
12,938
0
0
0
0
9
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
72 00 000 Fire Prevention
26,532 0
Employee Benefits
Personal Services
347,394
0
Employee Benefits
118,834
0
Other Employee Costs
6,250
0
Contractual Services
1,400
0
Commodities & Supplies
7,650
0
Other Equipment
0
0
Total Fire Prevention
481,528
0
73 00 000 Emergency Preparedness
Personal Services
0
0
Employee Benefits
0
0
Other Employee Costs
3,500
0
Contractual Services
16,210
0
Commodities & Supplies
18,325
0
Total Emergency Preparedness
38,035
0
Total Fire Department
11,424,557
3,5 1 9,443
80 Public Works - Administration
01 00 000 Public Works Administration
Personal Services
226,635
0
Employee Benefits
134,801
0
Other Employee Costs
25,802
0
Contractual Services
804,843
0
Utilities
19,470
0
Commodities & Supplies
15,169
0
Office Equipment
1,200
0
Other Equipment
255
0
Total Public Works Administration
1,228,175
0
80 Public Works - Streets and Buildings
81 00 000 Street and Building Administration
Personal Services
103,260
0
Employee Benefits
55,188
0
Total Street and Building Administration
158,448
0
81 81 350 Street Maintenance
Personal Services 109,822 0
Employee Benefits 28,414 0
Contractual Services 23,185 11
Commodities & Supplies 25,988 4'.l
Infrastructure 0 0
Total Street Maintenance
187.409 Cti
81 81 351 Maintenance of State Highways
Personal Services
26,532 0
Employee Benefits
9,573 0
Contractual Services
17,742 0
Commodities & Supplies
34.045 0
Total Maintenance of State Highways
87,892 0
10
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
81 81 352 Traffic Sign Maintenance
Personal Services
Employee Benefits
Commodities & Supplies
Total Traffic Sign Maintenance
81 81 353 Storm Sewer and Basin Maintenance
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total Storm Sewer and Basin Maintenance
81 81 354 Snow Removal
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Other Equipment
Total Snow Removal
81 82 000 Maintenance of Public Buildings
Personal Services
Employee Benefits
Contractual Services
Utilities
Commodities & Supplies
Other Expenditures
Total Maintenance of Public Buildings
Total Public Works - Streets and Buildings
80 Public Works - Forestry and Grounds
82 00 000 Forestry and Grounds Administration
Personal Services
Employee Benefits
Total Forestry and Grounds Administration
82 83 000 Forestry Program
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Commodities & Supplies
Total Forestry Program
Amount Amount
Budgeted Levied
79,730
20,059
13,877
113,666
0
0
0
0
64,721
18,291
11,670
7,231
101,913
425,126
56,119
36,576
212,855
0
730,676
0
0
0
0
0
0
398,931
118,797
351,729
73,193
113,957
4,000
1,0 60,607
�
0
0
0
0
0
0
0
172,823 0
68,493 0
241,316 0
312,430 0
99,051 0
3,662 0
399,339 0
10,702 0
825,184 0
11
•
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
82 84 355 Maintenance of Grounds
Personal Services
265,377 0
Employee Benefits
91,217 0
Contractual Services
105,486 0
Commodities & Supplies
8,656 0
Other Equipment
69,100 0
Total Maintenance of Grounds
539,836 (1
82 84 356 Public Grounds Beautification
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total Public Grounds Beautification
Total Public Works - Forestry and Grounds
80 Public Works - Engineering
83 00 000 Engineering Services
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Commodities & Supplies
Office Equipment
Other Equipment
Total Engineering Services
83 86 357 Traffic Control & Street Lighting
Personal Services
Employee Benefits
Contractual Services
Utilities
Commodities & Supplies
Total Traffic Signals & Street Lighting
Total Public Works - Engineering
80 Public Works - Improvements
90 00 Public Works - Improvements
707 Office Equipment
703 Distribution Systems
705 Infrastructure
710 Infrastructure
Total Public Works - Improvements
Total Public Works
25,615 0
9,129 0
2,400 0
32,191 0
69,335 0
1,675,671 0
586,674
187,319
3,552
61,965
7,105
546
1,638
848,799
0
0
0
0
0
0
0
0
104,300
37,976
5,307
75,000
25,750
248,333
1,097,132
0
0
17,000
87,808
104,808
6,546,397
0
0
0
0
0
A
0
0
0
0
12
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
89 Emergency Events
69 00 800 2011 June Storm Event - Police
Personal Services
0 0
Employee Benefits
0 0
Commodities & Supplies
0 0
Total 2011 June Storm Event - Police
0 0
79 00 800 2011 June Storm Event -Fire
Personal Services
0 0
Employee Benefits
0 0
Commodities & Supplies
0 0
Total 2011 June Storm Event - Fire
0' 0'
89 00 800 2011 June Storm Event - Public Works
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total 2011 June Storm Event - Public Works
Total Emergency Events
00 Retiree Pensions
00 00 000 Miscellaneous Pensions
Pension Benefits
Total Miscellaneous Pensions
Total Retiree Pensions
00 Non - Departmental
00 00 000 Contingencies
Interfund Transfers
Total Contingencies
Total Non - Departmental
TOTAL GENERAL FUND
TOTAL BUDGET FOR GENERAL FUND
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS & COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR GENERAL FUND
0 0
0 0
0
0
0 0
fl 0
45,863 0
45,863 0
45,863 0
0 0
0 0
0 _ 0
40,944,547 7,373,943
40,944,547
7,373,943
147,479
7,521,422
13
.
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
Budgeted Levied
ARTICLE II - DEBT SERVICE FUND
00 Debt Service
00 00 510 G.O. Bonds -Series 2009
Bond Principal
Interest Expense
Bank and Fiscal Fees
Total G.O. Bonds - Series 2009
00 00 511 G.O. Bonds - Series 2009B
Bond Principal
Interest Expense
Bank and Fiscal Fees
Total G.O. Bonds - Series 2009B
00 00 512 G.O. Bonds - Series 2009C
Bond Principal
Interest Expense
Bank and Fiscal Fees
Total G.O. Bonds - Series 2009C
00 00 514 G.O. Bonds -Series 2011B
Bond Principal
Interest Expense
Bank and Fiscal Fees
Total G.O. Bonds - Series 201113
00 00 515 G.O. Bonds - Series 2012
Bond Principal
Interest Expense
Bank and Fiscal Fees
Total G.O. Bonds - Series 2012
00 00 650 IEPA Loans
Loan Principal
Loan Expense
Bank and Fiscal Fees
Total IEPA Loans
TOTAL BUDGET FOR DEBT SERVICE FUND
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS & COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
DEBT SERVICE FUND
0
0
417,263
417,263
428
0
417,691
4'I 7,263
280,000 280,000
99,850 99,850
428
380,278 379,850
0
0
135,023
87,765
428
0
135,451
87,765
40,000 40,000
128,394 128,394
0 0
168,394 168,394
610,000 610,000
84,027 84,027
0 0
694,027 694,027
549,732
0
63
0
0
0
613,354
0
2,409, 195
1,747,299
34,946
1,782,245
14
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
ARTICLE III - REFUSE DISPOSAL FUND
80 Public Works - Refuse Disposal
85 00 000 Refuse Disposal Program
Personal Services
Employee Benefits
Other Employee Costs
Contractual Services
Utilities
Insurance
Commodities & Supplies
Total Refuse Disposal Program
85 0OC 365 Refuse Leaf Removal Program
Personal Services
Employee Benefits
Contractual Services
Commodities & Supplies
Total Leaf Removal Program
TOTAL REFUSE DISPOSAL FUND
TOTAL BUDGET FOR REFUSE DISPOSAL FUND
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS & COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR REFUSE DISPOSAL FUND
ARTICLE IV - POLICE PENSION FUND
00 Retiree Pensions
00 00 000 Police Pensions
Pension Benefits
Contractual Services
Insurance
Commodities & Supplies
Other Expenditures
Total Police Pensions
Total Retiree Pensions
TOTAL POLICE PENSION FUND
TOTAL BUDGET FOR POLICE PENSION FUND
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS & COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR POLICE PENSION FUND
Amount Amount
Budgeted Levied
93,864
0
37,591
0
1,200
0
3,958,555
1,802,500
572
0
25,175
0
15,710
0
4,132,667 1,802,500
165,463 0
52,737 0
10,000
18,027 0
246,227 0
4,378,894 1,802,500
4,378,894
1,802,500
36,050
1,838,550
3,431,110 2,436,059
123,500 0
10,000 0
500 0
12,000 0
3,577,110 2,436,059
3,577,110 2 „,436,059
3,577,110 2,436,059
3,577,110
2,436,059
48,721
2,484,780
15
0
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY
Amount Amount
lute' Levied
ARTICLE V - FIREFIGHTERS' PENSION FUND
00 Retiree Pensions
00 00 000 Firefighters' Pensions
Pension Benefits
3,112,073
2,1811,722
Contractual Services
133,000
0
Insurance
11,000
0
Commodities & Supplies
1,000
0
Other Expenditures
12,000
0
Total Firefighters' Pensions
3 „269,073
Ll 81,722
Total Retiree Pensions
3 =269,073
2,181,722
TOTAL FIREFIGHTERS' PENSION FUND
3,269,073
2,181,722
TOTAL BUDGET FOR FIREFIGHTERS' PENSION FUND
3,269,073
AMOUNT TO BE RAISED BY TAX LEVY
2,181,722
ADD 2% FOR LOSS & COST OF COLLECTION
43,634
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
FIREFIGHTERS' PENSION FUND
2,225,356
ARTICLE VI - MOUNT PROSPECT LIBRARY FUND
90 Mount Prospect Library
00 00 000 Library Services
Component Unit Expenditures 8,179,500 8,085,399
Bond Principal 1,075,000 1,075,000
Interest Expense 501,115 501,115
Total Library Services 9,755,615 9,661,514
TOTAL MOUNT PROSPECT LIBRARY FUND 9,755,615 9,661,514
TOTAL BUDGET FOR MOUNT PROSPECT LIBRARY FUND 9,755,615
AMOUNT TO BE RAISED BY TAX LEVY - Component Unit Expenditures 8,085,399
AMOUNT TO BE RAISED BY TAX LEVY - Bond Principal and Interest 1,576,115
ADD 2% FOR LOSS & COST OF COLLECTION 193,230
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
MOUNT PROSPECT LIBRARY FUND 9,854,744
16
VILLAGE OF MOUNT PROSPECT, ILLINOIS
2011 TAX LEVY SUMMARY
Article
Fund
I
General
II
Debt Service
III
Refuse Disposal
IV
Police Pension Fund
V
Firefighters' Pension Fund
for Loss
Village Totals
VI Mount Prospect Library
Library Services
Library Debt Service
Library Totals
Village and Library Totals
17
Amount
Total
to be Raised
Amount
Tax Levy
Amount
by
for Loss
Incl. Loss
Budgeted
Tax Levy
and Cost
and Cost
$ 40,944,547
7,373,943
147,479
7,521,422
2,409,195
1,747,299
34,946
1,782,245
4,378,894
1,802,500
36,050
1,838,550
3,577,110
2,436,059
48,721
2,484,780
3,269,073
2,181,722
43,634
2,225,356
54,578,819
15,541,523
310,830
15,852,353
8,179,500
8,085,399
161,708
8,247,107
1,576,115
1,576,115
31,522
1,607,637
9,755,615
9,661,514
193,230
9,854,744
$ 64,334,434
25,203,037
504,060
25,707,097
17
r r r r +
Section 3 : The sum of $317,800 is budgeted to be received from personal property
replacement tax revenue during the fiscal year commencing January 1, 2011 and ending
December 31, 2011 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:
NAYES :
ABSENT:
PASSED and APPROVED this day of December, 2011
Irvana K. Wilks, Mayor
ATTEST:
M. Lisa Angell, Village Clerk
18
ORDINANCE NO.
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the day of , 2011
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the _ day of 1 2011.
ORDINANCE NO.
AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR
THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE OF
THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the
Village of Mount Prospect, Cook County, Illinois:
Section 1 : That the sum of One Million Five Hundred Fifteen Thousand Four Hundred
Sixty -Four Dollars ($1,515,464), the same being the total amount to be levied of budget
appropriations heretofore made for the municipal purposes for the fiscal year beginning January
1, 2011, and ending December 31, 2011, 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 Special Service Area Number 5 of the Village of Mount Prospect according to the valuation
of said property as is, or shall be, assessed or equalized by State and County purposes for the
current year 2011. The budgetary appropriations having been made heretofore by the President
and Board of Trustees of the Village of Mount Prospect were passed and approved by Ordinance
No. 5826 at a meeting hereof regularly convened and held in said Village of Mount Prospect,
Illinois on the 21 day of December, 2010, and as amended by Ordinance No. 5852 passed and
approved on the 19 day of April, 2011 and thereafter duly published according to law, the
various objects and purposes for said budgetary appropriations were heretofore made are 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 Article I.
Section 2 : That the County Clerk is directed to add 2% to the requested tax levy as a provision
for loss and cost.
Section 3 : 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 4 : That, if any part of this Ordinance shall be held to be unconstitutional or otherwise
invalid, such unconstitutionality 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 if they had known that
such part or parts thereof would be declared unconstitutional or otherwise invalid.
Section 5 : 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:
NAYS:
ABSENT:
PASSED and APPROVED this day of 1.1
Irvana K. Wilks, Mayor
ATTEST:
M. Lisa Angell, Village Clerk
sa
® m •
ARTICLE 1 - SPECIAL SERVICE AREA NO. 5
050 Lake Water Acquisition
570.001 SSA #5 JAWA Water
570.004 SSA #5 JAWA Fixed Costs
TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5
LAKE WATER ACQUISITION
AMOUNT TO BE RAISED BY TAX LEVY
ADD 2% FOR LOSS AND COST OF COLLECTION
TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR
SPECIAL SERVICE AREA NO. 5
Article
I Special Service Area No. 5
SUMMARY
Amount. Amount to
Budgeted be Levied
3,213,500 1,515,464
Amount
B udgeted
Amount
2,562,500 874,464
651,000 641,000
3,213,500
1,515,464
30,309
1,545,773
Amount for Total Tax
Loss & Cost LM
30,309 1,545,773
ORDINANCE NO.
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the day of , 2011
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois,
the _ day of , 2011.
ORDINANCE NO.
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF
MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING
JANUARY 1, 2011 AND ENDING DECEMBER 31, 2011
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE
OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
Section One The President and Board of Trustees of the Village of Mount Prospect find as
follows:
A. That pursuant to Village Ordinance No. 5772 adopted December 1, 2009
authorizing the issuance of general obligation bonds for financing a portion of the
costs of constructing a replacement fire station, emergency operations center and
public works expansion there was levied for the year 2011 the sum of
$135,022.50 for bond interest payments.
Section Two It is hereby declared by the President and Board of Trustees of the Village of
Mount Prospect that the amount of $135,022.50 levied for G.O. Bond Interest payments for the
purpose of funding a portion of the costs of constructing a replacement fire station, emergency
operations center and public works expansion pursuant to Ordinance No. 5772 be and the same is
hereby abated in the amount of $47,257.86 leaving a balance of $87,764.64 as that amount levied
for such bond and interest payments for the fiscal year commencing January 1, 2011 and ending
December 31, 2011.
Section Three Village Ordinance No. 5772 is hereby amended with respect to the tax
abatements declared herein and set forth in Section Two of this Ordinance.
Section Four The Village Clerk of the Village of Mount Prospect is hereby authorized and
directed to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois
within the time specified by law:
Section Five: This Ordinance shall be in full force and effect upon its passage, approval and
publication in pamphlet form and filing as provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this _ day of ........... _, 2011.
Irvana K. Wilks,, Mayor
M, Lisa Angell, Village Clerk
I
Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER
FROM: FINANCE DIRECTOR
DATE: NOVEMBER 28, 2011
SUBJECT: PROPOSED 2012 BUDGET
PURPOSE:
To present for the Village Board's consideration an ordinance adopting the annual budget for the fiscal
year beginning January 1, 2012 and ending December 31, 2012.
BACKGROUND:
The Village Manager released his proposed budget on October 14, 2011. Over the past two months the
Finance Commission met three times to review the document. The Village Board, meeting as a
Committee of the Whole (COW), reviewed the document on October 25 and November 8.
DISCUSSION:
Departmental presentations on the 2012 budget were made before both the Finance Commission and
Village Board with various staff on hand to facilitate discussion. The proposed budget incorporates all of
the policies and directives established by the Mayor, Board of Trustees and Finance Commission during
the September 2011 pre- budget workshop.
The General Fund budget, as presented, is balanced. The proposed budget provides for a 4.33%
increase in the property tax levy, a 5% water rate increase and a $25 increase in the direct charge portion
of the refuse collection fee. No other tax or fee increases are proposed. Estimates of other revenue
sources remain, for the most part, flat.
A public hearing on the proposed budget has been scheduled for December 20, 2011. Notice of the
public hearing will be published in the Daily Herald on December 9, 2011. The ordinance included with
this memo will officially adopt the budget for the Village of Mount Prospect. Once the ordinance is
passed, the Finance Department will begin work on the final budget document. We expect to have the
approved budget document produced no later than January 20, 2012.
RECOMMENDATION:
It is recommended the Village Board pass the accompanying ordinance adopting the 2012 annual budget.
David O. Erb
Finance Director
DOE/
Attachment
I: \Budget 2012 \Ordinance Cover Memo - 2012 Budget.docx
PUBLIC HEARING
NOTICE
public hearing on the
CERTIFICATE OF PUBLICATION
proo posed 2012 Budget for the Village of Mount Prospect
I be held on Tuesday, De-
Paddock Publications, Inc.
c e
cember 20 2011 at 7:00 p.m.
The meeting will be held in
the Village Board Room at
Village Hall 50South Emer-
Street Mount Prospect,
W& �I��
son
Illinois. The proposed bud-
get may be examined on
weekdays in the Office of the
Village Clerk in Emerson the Village
Hall, 50 South
Corporation organized and existing under and by virtue of the laws of
Street 8:30 a.m. 5 :00 p.m. All
the State of Illinois, DOES HEREBY CERTIFY that it is the publisher
Interested persons will be
green on opportunity t
of the DAILY HERALD. That said DAILY HERALD is a secular
present oral or written com
ments.
is a Yend'1� n newspaper
and has been circulated daily in the Village(s) of
pl
for ai
ginning January 1, 2012 and
Algonquin, Antioch, Arlington Heights, Aurora, Barrington,
ending i Decemb ma ry l of
Barrington Hills, Lake Barrington, North Barrington, South Barrington,
the proposed budget by fund
tyV
Bartlett, Batavia, Buffalo Grove, Burlin Campton Hills,
on,
Vil age Funds:
l tq
Special Revenue Fuoas
Cgpentersville,Cary,Deer Park, Des Plaines, South Elgin, East Dundee,
Debt Service Funds 6,448'565
Elburn, Elgin,Elk Grove Village, Fox Lake, Fox River Grove, Geneva,
Capital Proiect Funds 409,195
Gilberts,Grayslake, Green Oaks, Gurnee, Hainesville, Hampshire,
6,821,150
Enterprise Funds 12,404654
Hanover Park,Hawthorn Woods, Hoffman Estates, Huntley, Inverness,
Internal Service Funds
10,411,860
Pension Funds 7,589,539
Island Lake,Kildeer, Lake Villa, Lake in the Hills, Lake Zurich,
Total Village Funds
587,632,446
Libgbndlle,Lincolnshire, Lindenhurst, Long Grove, Mt.Prospect,
Library Fund 9,926;514
Total Village and Library
Mundelein,Palatine, Prospect Heights, Rolling Meadows, Round Lake,
Funds $97,558,959
MICHAEL E. JANONIS
Round Lake Beach,Round Lake Heights,Round Lake park,Schaumb
Village er
Herald P ublish ec ember 9, Da 01.
Sleepy Hollow, St. Charles, Streamwood, Tower Lakes, Vernon Hills,
(4285295)
Volo, Wauconda, Wheeling, West Dundee, Wildwood, Sugar Grove
County(ies) of Cook, Kane, Lake, McHenry
and State of Illinois, continuously for more than one year prior to the
date of the first publication of the notice hereinafter referred to and is of
general circulation throughout said Village(s), County(ies) and State.
I further certify that the DAILY HERALD is a newspaper as defined in
"an Act to revise the law in relation to notices" as amended in 1992
Illinois Compiled Statutes, Chapter 7150, Act 5, Section 1 and 5. That a
notice of which the annexed printed slip is a true copy, was published
December 9, 2011 in said DAILY HERALD.
IN WITNESS WHEREOF, the undersigned, the said PADDOCK
PUBLICATIONS, Inc., has caused this certificate to be signed by, this
authorized agent, at Arlington Heights, Illinois.
PADDOCK PUBLICATIONS, INC.
DAILY HERALD NEWSPAPERS
BY l .
Authorized Agent
Control # 4285295
ORDINANCE NO.
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT
PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012 AND ENDING
DECEMBER 31, 2012 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE
PASSED AND APPROVED BY
THE PRE SlD ENT AND BOARD OF TRUSTEES
the day of 20 H
Publislied in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the _ day of __, 2011,
ORDINANCE NO.
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT
PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012 AND ENDING
DECEMBER 31, 2012 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect in accordance with State Statutes, have
provided for the preparation and adoption of an Annual Budget in lieu of passage of an Appropriation Ordinance; and
WHEREAS, the tentative Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 2012 and
ending December 31, 2012, as prepared by the Budget Officer for the Village and submitted to the President and Board of
Trustees, was placed on file in the Office of the Village Clerk on October 14, 2011 for public inspection, as provided by
Statute; and
WHEREAS, pursuant to notice duly published on December 9, 2011, a public hearing was held by the President and Board
of Trustees on said tentative annual budget on December 20, 2011, as provided by Statute; and
WHEREAS, following said public hearing, said tentative Annual Budget was reviewed by the President and Board of
Trustees and a copy of said tentative Annual Budget is attached hereto and hereby made a part hereof.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF
MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE The Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 2012 and
ending December 31, 2012, a copy of which is attached hereto and made a part hereof, is hereby approved and adopted as the
Annual Budget for the Village of Mount Prospect for said fiscal year.
SECTION TWO Within thirty (30) days following the adoption of this Ordinance there shall be filed with the County Clerk
of Cook County a copy thereof duly certified by the Village Clerk and Estimate of Revenues by source anticipated to be
received by the Village in the fiscal year beginning January 1, 2012 and ending December 31, 2012, duly certified by the
Chief Fiscal Office
SECTION THREE: This Ordinance shall be in full force and effect from and after its passage, approval and publication in
pamphlet form in the manner provided by law.
AYES:
NAYS:
ABSENT:
PASSED AND APPROVED this day of mmmmmmm mm , 2011.
ATTEST:
Irvana K. Wilks, Mayor
M. Lisa Angell, Village Clerk
RESOLUTION NO. 2011
A RESOLUTION APPROVING AND CERTIFYING
THE 2012 BUDGET AND 2011 TAX LEVY DETERMINATION
WHEREAS, heretofore the Board of Trustees of the Mount Prospect Public Library, Mount Prospect, Illinois, at
open and public meetings have considered the financing requirements of the Mount Prospect Library for the year
commencing January 1, 2012; and
WHEREAS, the Board of Trustees of the Mount Prospect Public Library has determined the financial
requirements of the Mount Prospect Public Library for the ensuing year and has caused to be made, a statement
thereof, a copy of which is attached hereto and marked "Exhibit A," for inclusion in the 2012 budget of the Village
of Mount Prospect; and
WHEREAS, the Board of Trustees of the Mount Prospect Public Library has further determined the amount of
money which in its judgment, it will be necessary to levy for library purposes in the 2011 tax levy ordinance to be
adopted by the President and Board of Trustees of the Village of Mount Prospect;
WHEREAS, expenditures from the LIBRARY FUND shall be under the direction of the Board of Trustees of the
Mount Prospect Public Library.
WHEREAS, that the amount of money hereby determined by the Board of Trustees of the Mount Prospect Public
Library to be necessary for library purposes and to be included in the 2011 Tax Levy Ordinance of the Village of
Mount Prospect (taking into consideration other income from accumulations from the prior year, anticipated tax
shrinkage, fines, non - resident fees, and maintenance, repairs, and alterations of library buildings and equipment)
and for the collection and deposit to the LIBRARY FUND, which includes funds for the Illinois Municipal
Retirement Fund pursuant to Section 5/7 -171, Chapter 40 of the Illinois Compiled Statutes; and for the
maintenance repairs, and alterations of the library buildings and equipment, pursuant to Section 5/3-4 of Chapter
75 of the Illinois Compiled Statutes; and for insurance and audit fees pursuant to Section 5/4 -14 of Chapter 75 of
the Illinois Compiled Statutes.
WHEREAS, in accordance with Chapter 75, Section 5/3 -5 of the Illinois Compiled Statutes it is requested that the
amount so determined be levied and collected in like manner with the other general taxes of the Village of Mount
Prospect and that such taxes be paid directly by the County Collector to the Library fund.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE MOUNT PROSPECT
PUBLIC LIBRARY, VILLAGE OF MOUNT PROSPECT:
SECTION ONE: That the financial requirements for library purposes of the Mount Prospect Public Library require
the budget for the year commencing January 1, 2012, and ending December 31, 2012, the sum of $9,926,514
such to be included within the 2012 Budget of the Village of Mount Prospect, Illinois.
SECTION TWO: That the amount of money hereby determined by the Board of Trustees of the Mount Prospect
Public Library to be necessary for library purposes and to be included in the 2011 tax levy and to be levied and
collected in like manner with the other general taxes of the Village of Mount Prospect and that such taxes to be
paid directly by the County Collector to the Library Fund: $9,661,514. Expenditures from the Library Fund shall
be under the direction of the Board of Trustees of the Mount Prospect Public Library.
SECTION THREE: That the Secretary of the Board of Trustees of the Mount Prospect Public Library file a copy
of this Resolution, with the Village Clerk of the Village of Mount Prospect, for transmittal to the President and
Board of Trustees of the Village of Mount Prospect.
SECTION FOUR: That if any part or parts of this Resolution shall be held to be unconstitutional, such
unconstitutionality shall i not affect the validity of the remaining parts of this Resolution. The Board of Trustees of
the Mount Prospect Public Library hereby declares that it would have passed the remaining parts of this
Resolution if it had known that such part or parts thereof would be declared unconstitutional.
SECTION FIVE: That this Resolution shall be in full force and effect as of October 6, 2011.
AYES: 7
NAYS: 0
ABSENT: 0
PASSED THIS 6th day of October, 2011.
The undersigned, President of the Board of Trustees of the Mount Prospect Public Library, Village of Mount
Prospect, Illinois, does certify that the foregoing Resolution was duly adopted by the vote specified at a legally
convened meeting of the Board of Trustees of the Mount Prospect Public Library held at the Mount Prospect
Public Library building on the 6th day of October, 2011.
Jane W. Everett, President.
r .
M
MOUNT PROSPECT PUBLIC LIBRARY
2012 Budget and 2011 Tax Levy
M
EXHIBIT A
2012 Budget 2011 Tax Levy
Fund Amount Request
LIBRARY GENERAL FUND
Salaries & Benefits
4110 Salaries
$
4,873,379
$
4,773,475
4120 I M R F Pension
457,218
447,845
4130 FICA & M/C
372,007
364,381
4140 Medical Insurance
610,000
597,495
4150 Unemployment Comp
7,000
6,.857
Totals
$
6,319,604
$
6,190,053
Management Expense
4210 Audit
$
4,200
$
4,114
4220 Legal Fees
40,000
39,180
4230 Printing
37,550
36,780
4240 Community Services
60,900
59,652
4250 Programs
35,410
34,684
4260 Professional Dues
6,749
6,611
4270 Board
4,000
3,918
4280 Human Resources
68,595
67,189
4290 Other Operating Expense
6,000
5,877
Totals
$
263,404
$
258,005
Operating Expenses
4310 Telecommunications
$
47,961
$
46,978
4320 Insurance
74,900
73,365
4340 Office Supplies
27,000
26,447
4350 Library Supplies
20,000
19,590
4360 Postage
19,155
18,762
4370 Consultant Services
3,000
2,939
4380 Contract Services
23,450
22,969
4390 Computer Services
58,136
56,944
Totals
$
273,602
$
267,994
Building Maintenance Costs
4410 Building Maintenance
$
89,510
$
87,675
4420 Equipment Maintenance
86,292
84,523
4430 Equipment Rental
26,888
26,337
4440 Janitorial
50,053
49,027
4450 Equipment
124,600
122,046
4460 Utilities
62,674
61,389
Totals
$
440,017
$
430,997
Library Materials
4610 Adult Print
242,100
$
237,137
4620 Adult AV
80,750
79,095
4630 Youth Print
139,000
136,151
4640 Youth AV
42,700
41,825
4650 Subscriptions
21,650
21,206
(Continued On the Next Page)
MOUNT PROSPECT PUBLIC LIBRARY EXHIBIT A
2012 Budget and 2011 Tax Levy
2012 Budget 2011 Tax Levy
Fund Amount Request
LIBRARY GENERAL FUND (Continued)
Library Materials (Continued)
4660
Electronic Resources
$ 135,000
$ 132,233
4661
Electronic Media
14,300
14,007
4662
Electronic Services
27,272
26,713
4670
Microform
11,000
10,775
4680
Processing Supplies
40,000
39,208
225,000
Totals
$ 753,772
$ 738,350
GENERAL FUND TOTALS
$ 8,050,399
$ 7,885,399
BUILDING & EQUIPMENT FUND
7705 Equipment & Building
$
202,400
$
200,000
7730 Other Building Projects
22,600
-
773 5 Trans to Library Operating
-
BUILDING FUND TOTALS
$
225,000
$
200,000
TOTAL GENERAL FUND & BUILDING FUND
$
8,275,399
$
8,085,399
DEBT SERVICE FUND
3701 Interest Payments
$
501,115
501,115
3711 Principal Payments
1,075,000
1,075,000
DEBT SERVICE FUND TOTALS
$
1,576,115
$
1,576,1,15
GIFT FUND
8740 Library Special Projects
$
50,000
$
8990 Contingencies
25,000
-
GIFT FUND TOTALS
$
75,000
$
-
ALL FUNDS - TOTALS
$
9,926,514
$
9,661,514
2011 TAX LEVY SUMMARY
Levy
Total
Request
2% Loss
Tax Levy
Library Fund Levy (General Fund & Building Fund)
$
8,085,399
$ 161,708
$
8,247,107
Library Bonds & Interest Levy
1,576,115
31,522
1,607,637
TOTAL LIBRARY TAX LEVY
$
9,661,514
$ 193,230
$
9,854,744
• 1 1
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
TOTAL VILLAGE BUDGET
2010 2011 2011 2012 2013
Actual Budget Estimate Buudget Forecast
REVENUES AND OTHER SOURCES
Property Taxes
18,678,963
19,200,500
19,319,000
19,882,500
20,583,500
Other Taxes
11,198,802
11,340,000
11,406,400
11,638,000
11,733,000
Licenses, Permits & Fees
2,767,264
2,721,000
2,595,000
2,510,000
2,520,000
Intergovernmental Revenue
18,826,394
17,883,977
19,032,064
18,822,420
19,153,250
Charges for Services
19,303,538
20,872,719
20,919,704
22,399,597
23,566,079
Fines & Forfeitures
791,504
786,000
707,125
687,000
687,000
Investment Income
7,837,421
5,325,400
1,718,200
5,202,600
5,464,280
Reimbursements
365,812
403,279
253,217
253,500
254,000
Other Revenue
7,395,512
7,916,590
7,839,411
8,040,680
8,650,542
Interfund Transfers
458,370
-
m
Other Financing Sources
49,188
52,000
46,000
988,000
51,000
Village Revenues & Other Sources
87,672,768
86,501,465
83,836,121
90,424,297
92,662,651
Mount Prospect Library Revenues
9 „226,183
9,801,1019
9
9,926,514
(a)
Total Revenues & Other Sources
96,898,951
96,302,574
93,637,230
100,350,811
92,662,651
BUDGET EXPENDITURES
Village Operating Budget
55,843,603
59,991,133
59,383,620
59,323,196
63,243,850
Village Capital Budget
9,711,088
9,470,271
9,304,333
9,419,850
12,628,100
Debt Services Budget
2,170,439
2,416,548
2,418,806
2,409,195
2,405,474
Pension Systems Budget
6,681,958
6,892,046
7,430,768
7,635,544
7,850,166
Internal Services Budget (b)
7,518,038
8,691,145
8,779,896
8,844,660
9,185,734
Village Expenditures
81,925,126
87,461,143
87,317,423
87,632,445
95,313,324
Mount Prospect Library Expenditures
9,083,006
9,801,109
9,801,109
9,926,514
(a)
Total Expenditures
91,008,132
97,262,252
97,118,532
97,558,959
95,313,324
CHANGES IN FUND BALANCE
Excess (Deficiency) of Revenues &
Other Sources Over Expenditures (c)
Fund Balance
Start of Budget Year
End of Budget Year
Less: Pension Fund Balances (d)
Mt Prospect Library Fund Balance
Available Fund Balance
5,890,819 (959,678) (3,481,302) 2,791,852 (2,650,673)1
120,064,396 125,955,215 125,955,215 122,473,913 125, 265,765 1
125,955,215 124,995,537 122,473,913 125, 265,765 122, 615,092 1
(88,401,290) (92,547,407) (88,669,185) (92,318,946) (96,372,910)1
(4,726,962) (4,726,962) (4,726,962) (4,726,962) (4,726,962)
32,826,963 27,721,168 29,077,766 28,21.9,85 2
(a) Not available as of December 20, 2011.
(b) Internal Service Budget includes Vehicle Maintenance Fund and Risk Management Fund. The Motor Equipment
Replacement Fund and Computer Replacement Funds are included in the Village Capital Fund.
(c) Does not include the results of operation of the Mount Prospect Library for the 2013 Forecast.
(d) Pension Fund Balances are reserved for pension benefits and not available for appropriation.
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
REVENUES AND OTHER SOURCES BY REVENUE TYPE
2010 2011 2011 2012 2013
Actual Budget Estimate Budget Forecast
VILLAGE REVENUES BY TYPE:
Property Taxes
18,618,963
19,200,500
19,319,000
19,882,500
20,583,500
Other Taxes
11,198,802
11,340,000
11,406,400
11,638,000
11,733,000
Licenses, Permits & Fees
2,767,264
2,721,000
2,595,000
2,510,000
2,520,000
Intergovernmental Revenue
18,826,394
17,883,977
19,032,064
18,822,420
19,153,250
Charges for Services
19,303,538
20,872,719
20,919,704
22,399,597
23,566,079
Fines & Forfeits
791,504
786,000
707,125
687,000
687,000
Investment Income
7,837,421
5,325,400
1,718,200
5,202,600
5,464,280
Reimbursements
365,812
403,279
253,217
253,500
254,000
Other Revenue
7,395,512
7,91.6,590
7,839,411
8,040,680
8,650,,542
87,165,210
86,449,465
83,790,121
89,436,297
92,611,651
IINTERFUND TRANSFERS 458,370
OTHER FINANCING SOURCES
Sale of Property /Other 49,188 52,000 46,000 988,000 51,000
49,188 52,000 46,000 988,000 51,000
TOTAL VILLAGE REVENUES AND OTHER
SOURCES 87,672,768 86,501,465 83,836,121 90,424,297 92,662,651
MOUNT PROSPECT LIBRARY REVENUES 9,226,18:3 9,801 „109 9,801,109 9,9 26,514 (a)
TOTAL REVENUES AND OTHER SOURCES
VILLAGE AND LIBRARY (b) 96,898,951 96,302,574 93,637,230 100,350,811 92,662,651
CHANGES IN FUND BALANCE
Total Revenues & Other Sources 96,898,951 96,302,574 93,637,230 100,350,811 92,662,651
Total Expenditures 91,008 „132 97,262,252 97,118 „532 97,558,959 95,313,324
Additions to(Use of) Fund Balances 5,890,819 (959,678) (3,481,302) 2,791,852 (2,650,673)
ANALYSIS OF CHANGES IN FUND BALANCE
Additions to (Use of) Pension Fund
Balances 6,580,064 4,146,117 267,895 3,649,761 4,053,964
Additions to (Use of) Other Fund Balances (689,,245) (5,105,795) (3,749,197) (857,909) (6,704,637)
5,890;819 (959,678) (3,481,302) 2,791,852 (2,650,6 73)
(a) Figures not available as of December 20, 2011.
(b) Does not include the Mount Prospect Public Library 2013 Forecast.
r r ® r r
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
BUDGET EXPENDITURES
2010 2011 2011 2012 2013
Actual Budget Estimate Budget Forecast
VILLAGE OPERATING BUDGET
PUBLIC REPRESENTATION 468,889 487,065 482,175 55'71,260 560,462
VILIAGEADMINISTRATION 2,842,921 2,898,012 2,800,904 2,763,935 2,
I FINANCE 1,571.136 1,582,487 1,586,221 1,,494,533 1,614,108
COMMUNITY DEVELOPMENT
Community Development 2,154,270 2,175,530 2,199,385 2,158,078 2,206,683
Community Development /CDBG 465,918 455,219 555,103 413 „543 342,092
2,620,188 2,630,749 2,754,488 2,571,621 2,548,775
HUMAN SERVICES DEPARTMENT 1,082,552 1,063,,031 1,008,663 1,002,730 1,032,412
PUBLIC SAFETY AND PROTECTION
Police Department 14,521,382 14,730,105 14,640,990 15,212,790 15,741,447
Fire Department 11,503,854 11,453,107 11,425,312 1.1,905,304 12,238,232'
26,025,236 26,183,212 26,066,302 27,1.18,094 27,979,679
PUBLIC WORKS DEPARTMENT
Administration
998,552
1,228,175
1,200,309
1,287,211
1,355,893
Streets /Bldgs
2,647,901
2,740,043
2,657,536
2,511,139
2,600,271
Forestry
1,625,036
1,687,171
1,816,791
1,758,050
1,821,016
Engineering
1,265,123
1,334,002
1,343,444
1,375,366
1,411,239
Improvements
-
104,808
74,808
74,383
485,353
Refuse Disposal
4,002,498
4,378,894
4,300,411
4,410,220
4,570,910
Water /Sewer
9,958,966
13,176,172
12,362,355
12,007,174
13,960,769
Parking
284,605
497,312
318,205
397,480
378,711
241,782,,681
25,146,577
24,073,8.59
23,821,023
26,,584,162
EMERGENCY EVENTS - 611,008 -
CONTINGENCIES & EQUITY TRANSFERS 450,0100 -
OPERATING BUDGET 55,843,603 59,991,133 59,383,620 59,323,196 63,243,850
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
BUDGET EXPENDITURES
2010 2011 2011 2012 2013
Actual Budget Estimate Budget Forecast
VILLAGE CAPITAL BUDGET
Village -Wide Improv & Eqpt
1,246,532
1,863,440
1,075,151
2,176,000
3,369,400
Station 14, EOC, and PW Expan
3,386,834
148,150
148,150
-
3,913,000
Downtown Redevelopment
1,591,550
2,955,291
4,282,000
2,747,000
2,812,000
Street Improvement Projects
2,392,581
3,182,640
3,073,932
2,261,000
3,987,000
Flood Control Projects
39,692
455,150
425,000
680,150
490,000
Motor Equipment Replacement
872,966
670,650
250,100
1,321,800
1,736,300
Computer Replacement
180,933
1.94,,.950
50,000
233,900
231400
9,711,088
9,470,271
9,304,333
9,419,850
12,628,100
DEBT SERVICE BUDGET 2,170,439 2,416,548 2,418,806 2,409,195 2,405,474
PENSION SYSTEMS BUDGET
Miscellaneous Pensions
45,723
45,863
45,863
46,005
46,150
Police Pensions
3,434,325
3,577,110
3,707,311
3,794,470
3,913,000
Fire Pensions
3,201,910
3,269,073
3,677,594
3,795,069
3,891,016
6,681,958
6,892,046
7,430,768
7,635,,544
7,850,166
VILLAGE INTERNAL SERVICES BUDGET
Vehicle Maintenance Services 1,849,663 1,903,802 2,112,659 2,011,205 2,058,911
Risk Management 5,668,375 6,787,343 6,667,237 6,833,455 7,126,823
7,518,038 8,691,145 8,779,896 8,844,660 9,185,734
I TOTAL VILLAGE EXPENDITURES 81,925,126 87,461,143 87,317,423 87,632,445 95,313,324
MOUNT PROSPECT LIBRARY BUDGET 9,083,006: 9 9,801 9,926,514 (a)
TOTAL - BUDGET EXPENDITURES (b) 91,008,132 97,262,252 97,118,532 97,558,959 95,313,324
(a) Figures not available as of December 20, 2011.
(b) Does not include the Mount Prospect Public Library 2013 Forecast.
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
REVENUES AND OTHER SOURCES BY FUND
2010
2011
2011
2012
2013
Actual
Budget
Estimate
Budget
Forecast
2,068,000
1,166,000
Series 2009 Construction Fund
501,095
-
-
1,711,000
1,711,500
Downtown Redevelopment Construct
2,199,564
GENERAL FUND 40,712,318
40,600,430
40,775,743
41,547,482
42,532,820
1,875,174
1,372,000
1,509,100
1,555,500
1,600,500
Flood Control Construction Fund
159,,003
536,079
562,244
665,646
DEBT SERVICE FUND 2,576,719
2,485,758
2,486,158
2,410,212
2,406,212
6,894,146
6,'148,146
Foreign Fire Tax Board Fund
55,803
44,500
CAPITAL PROJECT FUNDS
Capital Improvement Fund
1,157,588
1,121,000
1,265,100
2,068,000
1,166,000
Series 2009 Construction Fund
501,095
-
-
1,711,000
1,711,500
Downtown Redevelopment Construct
2,199,564
2,667,500
2,768,100
2,605,000
2,681,000
Street Improvement Construc Fund
1,875,174
1,372,000
1,509,100
1,555,500
1,600,500
Flood Control Construction Fund
159,,003
536,079
562,244
665,646
700,646
DUI Fine Fund
5,892,424
5,696,579
6,,104,544
6,894,146
6,'148,146
SPECIAL REVENUE FUNDS
Refuse Disposal Fund
4,009,121
4,090,632
4,068,132
4,469,150
4,582,650
Motor Fuel Tax Fund
1,744,093
1,485,700
1,709,873
1,711,000
1,711,500
Cmmty Development Block Grant
465,918
455,219
555,103
413,543
342,092
Asset Seizure Fund
15,912
3,500
3,225
3,500
3,500
DEA Shared Funds Fund
54
2,000
100
3,000
3,000
DUI Fine Fund
14,492
1,500
9,100
9,500
9,500
Foreign Fire Tax Board Fund
55,803
44,500
55,100
55,500
55,500
6,305,393
6,083,051
6,400,633
6 „665 „193
6,707,742
ENTERPRISE FUNDS
Water and Sewer Fund
10,506,543
10,858,000
10,858,300
11,627,000
12,095,000
Village Parking System Fund
139,055
150,800
155,700
157,100
157,100
Parking System Revenue Fund
161,323
166,500
159,600
163,500
163,500
Risk Management Fund
10, 806, 921
11,175,300
11,173, 600
11, 947, 600
12,415,600
INTERNAL SERVICE FUNDS
Vehicle Maintenance Fund
1,648,471
1,903,802
1,903,402
2,011,205
2,058,911
Vehicle Replacement Fund
179,787
783,600
773,600
1,267,800
1,386,100
Computer Replacement Fund
1,193
236,921
232,521
1,000
108,485
Risk Management Fund
6,333,243
6,543,724
6,333,120
6,440,359
7,040,655
8,162,694
9,468,047
9,242,643
9,720,364
10,594,151
FIDUCIARY FUNDS
Police Pension Fund 6,954,158 5,752,500 3,924,000 5,867,000 6,187,680
Fire Pension Fund 6,262,141 5,239,800 3,728,800 5,372,300 5,670,300
13,216,299 10,992,300 7,652,800 11,239,300 11,857,980
TOTAL REVENUES& OTHER SOURCES - 87,672,768 86,501,465 83,836,121 90,424,297 92,662,651
VILLAGE FUNDS
MOUNT PROSPECT LIBRARY FUND 9,226,183 9,801,109 9,801,109 ,9,926,514 (a)
TOTAL REVENUES & OTHER SOURCES - 96,898,951 96,302,574 93,637,230 100,350,811 92,662,651
VILLAGE & LIBRARY FUNDS b
(a) Figures not available as of December 20, 2011.
(b) Does not include the Mount Prospect Public Library 2013 Forecast.
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
EXPENDITURES BY FUND
2010 2011 2011 2012 2013
Actual Budget Estimate Budget Forecast
CAPITAL PROJECT FUNDS
IGENERAL FUND
40,493,81.6
40,944,547
41,260,769
41,547,482
43,433,492
Series 2009 Construction Fund
3,386,834
148,150
148,150
1,580,302
1,937,026
DEBT SERVICE FUND
2,170,439
2,416,548
2,418,806
2,409,195
2,405,474
Street Improvement Construc Fund
1,472,581
2,572,640
2,463,932
1,217,000
2,597,000
CAPITAL PROJECT FUNDS
Capital Improvement Fund
1,246,532
1,863,440
1,075,151
2,176,000
3,369,400
Series 2009 Construction Fund
3,386,834
148,150
148,150
1,580,302
1,937,026
Downtown Redevelopment Construct
1,593,950
2,956,791
4,282,920
2,748,000
2,813,000
Street Improvement Construc Fund
1,472,581
2,572,640
2,463,932
1,217,000
2,597,000
Flood Control Construction Fund
39,692
455,150
425,000
680,150
490,000
DUI Fine Fund
7,739,589
7,996,171
8,395,153
6,821,150
9,269,400
SPECIAL REVENUE FUNDS
Refuse Disposal Fund
4,002,498
4,378,894
4,300,411
4,410,220
4,570,910
Motor Fuel Tax Fund
1,525,653
1,146,302
1,176,302
1,580,302
1,937,026
Cmmty Development Block Grant
465,918
455,219
555,103
413,543
342,092
Asset Seizure Fund
6,118
3,500
13,000
3,500
3,500
DEA Shared Funds Fund
2,514
2,000
11,898
3,000
3,000
DUI Fine Fund
343
1,500
15,600
9,500
9,500
Foreign Fire Tax Board Fund
60,706
28,550
13,420
28,500
28,500
6,063,750
6,015,965
6,085,734
6,448,565
6,894,528
ENTERPRISE FUNDS
Water and Sewer Fund
9,958,966
13,176,172
12,362,355
12,007,174
13,960,769
Village Parking System Fund
119,874
210,017
121,744
180,902
183,217
Parking System Revenue Fund
164,731
287,295
196,,461
216,578
195,494
Risk Management Fund
10, 243, 571
13, 673, 484
12, 680, 560
12,404, 654
14, 339, 480
INTERNAL SERVICE FUNDS
Vehicle Maintenance Fund
1,849,663
1,903,802
2,112,659
2,011,205
2,058,911
Vehicle Replacement Fund
872,966
670,650
250,100
1,321,800
1,736,300
Computer Replacement Fund
180,933
194,950
50,000
233,900
233,400
Risk Management Fund
5,674,164
6,798,843
6,678,737
6,844,955
7,138,323
8,577,726
9,568,245
9,091,496
10,411,860
11,166,934
FIDUCIARY FUNDS
Police Pension Fund 3,434,325 3,577,110 3,707,311 3,794,470 3,913,000
Fire Pension Fund 3,201,910 3,.269,073 3,677,594 3,795,069 3,891,016
6,636,235 6,846,183 7,384,905 7,589,539 7,804,016
TOTAL EXPENDITURES - VILLAGE FUNDS 81,925,126 87,461,143 87,317,423 87,632,445 95,313,324
MOUNT PROSPECT LIBRARY FUND 9 „083,006 9,801,109 9,801,109 9,926,514 (a)
TOTAL EXPENDITURES - VILLAGE AND
LIBRARY FUNDS (b) 91,008,132 97,262,252 97,118,532 97,558,959 95,313,324
(a) Figures not available as of December 20, 2011.
(b) Does not include the Mount Prospect Public Library 2013 Forecast.
• m • •
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
AVAILABLE FUND BALANCES 12 -31 -2012
Estimated
2012
2012
Estimated
Recommended
Balance
Budget
Budget
Balance
Fund Balance
1/1/2012
Revenues
Expenditures
12/31/2012
12/31/2012
CAPITAL PROJECT FUNDS
Capital Improvement Fund
GENERAL FUND
9,932,965
41,547,482
41,547,482
9,932,965
10,858,373
-
-
9,682
Downtown Redevelopment Construct
1,301,887
2,605,000
2,748,000
1,158,887
Street Improvement Construc Fund
(521,039)
1,555,500
1,217,000
DEBT SERVICE FUND
(11,492)
2,410,212
2,409,195
(10,475)
738,957
DUI Fine Fund
2,240,695
6,894,146
6,821,150
2,313,691 863,610
Foreign Fire Tax Board Fund
CAPITAL PROJECT FUNDS
Capital Improvement Fund
1,438,942
2,068,000
2,176,000
1,330,942 863,610
Series 2009 Construction Fund
9,682
-
-
9,682
Downtown Redevelopment Construct
1,301,887
2,605,000
2,748,000
1,158,887
Street Improvement Construc Fund
(521,039)
1,555,500
1,217,000
(182,539)
Flood Control Construction Fund
11,223
665,646
680,150
(3,281)
DUI Fine Fund
2,240,695
6,894,146
6,821,150
2,313,691 863,610
SPECIAL REVENUE FUNDS
Refuse Disposal Fund
2,029,356
4,469,150
4,410,220
2,088,286 1,142,728
Motor Fuel Tax Fund
303,277
1,711,000
1,580,302
433,975 484,257
Cmmty Development Block Grant
288,402
413,543
413,543
(194,869)
Asset Seizure Fund
50,430
3,500
3,500
50,430
DEA Shared Funds Fund
4,951
3,000
3,000
4,951
DUI Fine Fund
34,802
9,500
9,500
34,802
Foreign Fire Tax Board Fund
157,814
55,500
2.8,500
184,814
2,580,630
6,665,193
6,448,565
2,797,258 1,626,985
ENTERPRISE FUNDS (a)
Water and Sewer Fund
4,303,135
11,627,000
12,007,174
3,922,961
4,607,054
Village Parking System Fund
312,204
157,100
180,902
288,402
60,462
Parking System Revenue Fund
(194,869)
163,500
216,578
(247,947)
64,51.3
Risk Management Fund
4,420,470
11,947,600
12,404,654
3,963,416
4,732,029
INTERNAL SERVICE FUNDS (a)
Vehicle Maintenance Fund
337,733
2,011,205
2,011,205
337,733
337,733
Vehicle Replacement Fund
6,131,354
1,267,800
1,321,800
6,077,354
6,077,354
Computer Replacement Fund
850,480
1,000
233,900
617,580
617,580
Risk Management Fund
2,594,931
6,440,359
6,,844,955
2,190,335
1,583,795
9,,914,498
9,720,364
10 „411,860
9,223,002
8,616,462
(a) Estimated balances reflect unrestricted net assets only„
VILLAGE OF MOUNT PROSPECT
2012 BUDGET SUMMARY
AVAILABLE FUND BALANCES 12 -31 -2012
Estimated
2012
2012
Estimated
Recommended
Balance
Budget
Budget
Balance
Fund Balance
1/1/2012
Revenues
Expenditures
12/31/2012
12/31/2012
FIDUCIARY FUNDS (b)
Police Pension Fund 44,757,000 5,867,000 3,794,470 46,829,530 79,707,044
Fire Pension Fund 43,912,185 5,372,300 3,795,069 45,489,416 73,.444,862
88,669,185 11,,239,300 7,589,539 92,318,946 153,151,906
TOTAL -VILLAGE FUNDS 117,746,951 90,424,297 87,632,445 120,538,803 180,588,322
Less. Fiduciary Funds (b) (88,669,185) (11,239,300) (7,589,539) (92,318,946) (153,151,906)
TOTAL AVAILABLE BALANCES VILLAGE
FUNDS 29,077,766 79,184,997 80,042,906 28,219,857 27,436,416
MOUNT PROSPECT LIBRARY FUND 4,726,962 9,926,514 9,926,514 4,726,962 4,726,962
TOTAL AVAILABLE BALANCES VILLAGE &
LIBRARY FUNDS 33,804,728 89,111,511 89,969,420 32,946,819 32,163,378
(b) Fiduciary Funds are restricted for future pension benefits and do not constitute "Available Fund Balances."
Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER
FROM: FINANCE DIRECTOR
DATE: NOVEMER 28, 2011
SUBJECT: PROPOSED WATER AND SEWER RATE INCREASE
PURPOSE:
To present for the Board's consideration an ordinance increasing the Village's water and sewer
rates.
BACKGROUND:
Since 1990 the Village has followed the practice of approving moderate annual increases in
water and sewer rates, as opposed to implementing large increases periodically. The 2012
Budget included an anticipated 5.0% increase in water and sewer rates. Results from the five -
year rate study prepared as part of the budget process, increases the combined water and
sewer rate by 5.0% for billings after January 1, 2012.
DISCUSSION:
The following table illustrates the recommended rates as reflected in the proposed ordinance.
Inside Village
Current Rate
Per 1,000 Gallons
Proposed Rate
Per 1,000 Gallons
Percent
Change
Water
$5.06
$5.31
5.0%
Sewer
$1.63
$1.71
5.0%
Combined
$6.69
$7.02
5.0%
Outside Village
Current Rate
Per 1,000 Gallons
Proposed Rate
Per 1,000 Gallons
Percent
Change
Water
$10.12
$10.62
5.0%
Sewer
$1.63
$1.71
5.0%
Combined
$11.75
$12.32
5.0%
For sewer users not connected to the Village's water system, whether located inside or outside
the Village, the monthly charge per dwelling unit would be $4.58, an increase of 5.0% over the
current rate of $4.36.
No increase is proposed for the $5.00 per month sewer construction fee.
Water and Sewer Rate Increase
November 28, 2011
Page 2
If a Mount Prospect household uses 15,000 gallons of water over a two -month period, their
bimonthly water and sewer usage fee would be $115.30, an increase of $4.95 from the current
rate.
No increase is being proposed for the monthly availability charge assessed customers outside
of Special Service Area No. 5. For most customers, those with a 5/8" water line, the charge will
remain at $10.
RECOMMENDATION:
It is recommended the Village Board approve the attached ordinance increasing water and
sewer rates effective for bills rendered on or after January 1, 2012.
Finance Director
DOE/
I: \Water & Sewer\2012 Rate Increase \Board Memo - December 2011.docx
ORDINANCE NO.
AN ORDINANCE TO AMEND WATER AND SEWER RATES SET FORTH IN
APPENDIX A, DIVISION II OF THE VILLAGE CODE
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE That Section 22.504.2 entitled "Water Rates" of Appendix A, Division II of the Village Code,
as amended, is hereby further amended in its entirety; so that hereinafter said Section 22.504.2 of Appendix A,
Division II shall be and read as follows:
" See. 22.504.2 WATER RATES:
A. All village users within the village, having a direct or indirect connection with village water mains or
pipes: $5.31 per 1,000 gallons of water consumed or portion thereof.
All village users outside the corporate limits of the village having a direct or indirect connection with
village water mains or pipes: $10.62 per 1,000 gallons of water consumed or portion thereof.
All village users located outside the boundaries of Special Service Area Number 5 shall pay an
additional monthly availability charge based upon the size of the water meter as follows:
5/8 inch meter
$ 10.00
3 /4 inch meter
$ 15.00
1 inch meter
$ 30.00
1% inch meter
$ 50.00
2 inch meter
$ 90.00
3 inch meter
$150.00
4 inch meter
$250.00
6 inch meter
$475.00
8 inch meter
$990.00
B. Hook -up charge for water furnished by the truckload: $10.00."
SECTION TWO That Section 22.504.3 entitled "Sewer Rates" of Appendix A, Division II of the Village
Code, as amended, is hereby further amended in its entirety; so that hereinafter said Section 22.5043 of
Appendix A, Division II shall be and read as follows:
" See. 22.504.3 SEWER RATES:
C. All village seNver users within the corporate limits of the village having a direct or indirect connection
with the village seNver and water mains or pipes: $1.71 per 1,000 gallons of water consumed or portion
thereof.
All village sewer users within the corporate limits of the village having a direct or indirect connection
with the village's sewer mains or pipes and not with the village water mains or pipes: $4.58 per month
per dwelling unit.
All village sewer users outside the corporate limits of the village having a direct or indirect connection
with the village's water and sewer mains or pipes: $1.71 per 1,000 gallons of water consumed or
portion thereof.
All village sewer users outside the corporate limits of the village having a direct or indirect connection
with the village's sewer mains or pipes, but not with village water mains or pipes: $4.58 per month per
dwelling unit."
SECTION THREE That the fees set forth in this Ordinance shall be applied to all water and sewer bills
rendered on or after January 1, 2012.
SECTION FOUR That this Ordinance shall be in full force and effect from and after its passage, approval and
publication in pamphlet form in the manner provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this day of 2011.
Irvana K. Willcs, Village President
ATTEST:
M. Lisa Angell, Village Cleric
ORDINANCE NO.
AN ORDINANCE TO AMEND WATER AND SEWER RATES SET FORTH IN
APPENDIX A, DIVISION II OF THE VILLAGE CODE
Passed and approved by
the President and Board of Trustees
the day of December, 2011.
Published in pamphlet form by authority
of the corporate authorities of the
Village of Mount Prospect, Illinois,
the day of December, 2011.
Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER
FROM: FINANCE DIRECTOR
DATE: NOVEMER 28, 2011
SUBJECT: PROPOSED SOLID WASTE COLLECTION INCREASE
PURPOSE:
To present for the Board's consideration an ordinance increasing the Village's solid
waste collection rate.
BACKGROUND:
The Village contracts with a third party to provide solid waste collection services for
its residential households. The cost of this service is supported by a property tax levy
and a direct bill on each service address. The annual direct bill rate for solid waste
collection is $75.00 per household. Those residential customers on Village water see
this charge included in their bi- monthly water bill (prorated over six billings) while
residential customers serviced by Illinois American Water (IAW) are billed $25.00
three times per year (January, May, and September).
DISCUSSION:
The 2012 Budget included an anticipated $25.00 increase in the solid waste
collection rate for residential customers. Budgets in the Refuse Fund for several
years leading up to 2012 projected annual deficits drawing down on reserves in
excess of fund balance policy levels. This was an intentional use of reserves to allow
for the property tax levy and direct bill for solid waste collection to be held flat
providing relief to residential and commercial property owners. Based on projections
for 2012 and 2013, an increase in the direct bill is needed to balance the Refuse
Fund budget and to prevent the further drawdown of reserves.
Residential customers on Village water will be charged $8.33 per month. The charge
will appear on their regular water bill. Billing to residents receiving water from IAW
will now be billed $25.00 quarterly in March, June, September and December.
Water and Sewer Rate Increase
November 28, 2011
Page 2
Moving forward, direct bill rates will be reviewed each year as part of the budget
process to determine if subsequent increases are needed to support the refuse
collection budget.
RECOMMENDATION:
It is recommended the Village Board approve the attached ordinance increasing the
solid waste collection direct bill amount effective January 1, 2012.
Finance Director
DOE/
H:WCCT \Refuse Billing \Refuse Board Memo - December 2011.docx
ORDINANCE NO.
AN ORDINANCE AMENDING DIVISION II, APPENDIX A, OF THE VILLAGE CODE OF
MOUNT PROSPECT REGARDING SOLID WASTE COLLECTION SERVICES
Passed and approved by
the President and Board of Trustees
the day of December, 2011.
Published in pamphlet form by authority
of the corporate authorities of the
Village of Mount Prospect, Illinois,
the day of December, 2011.
ORDINANCE NO.
AN ORDINANCE AMENDING DIVISION II, APPENDIX A, OF THE VILLAGE CODE OF
MOUNT PROSPECT REGARDING SOLID WASTE COLLECTION SERVICES
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE
OF THEIR HOME RULE POWERS:
SECTION ONE Division II, Fees, Rates and Taxes, of Appendix A of the Code of Ordinances
of the Village of Mount Prospect, Illinois, shall be amended by deleting the amount of "$75.00" and
inserting in its place the amount of "$100.00" for Subsection A. 12. a. (1) Individual dwelling unit fees, of
Section 19.202, Regulations With Respect To Customers Of Solid Waste Collection Services, to be and
read as follows:
A. 12. a. (1) Individual dwelling unit fees: $100.00.
SECTION TWO This Ordinance shall be in full force and effect from
and after its passage, approval and publication in pamphlet form in the manner provided
by laN-,-.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this
ATTEST:
day of
, 2011.
Irvana K. Willcs, Village President
M. Lisa Angell, Village Cleric