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City Council Packet 2014 10-14-14 AGENDA CITY COUNCIL MEETING CITY COUNCIL CHAMBERS 7:00 p.m. Tuesday, October 14, 2014 Call to Order: Pledge of Allegiance: Roll Call by Clerk: WARD I WARD II WARD III WARD IV Carlo Colosimo Jackie Milschewski Chris Funkhouser Rose Ann Spears Ken Koch Larry Kot Joel Frieders Diane Teeling Establishment of Quorum: Amendments to Agenda: Presentations: 1. Audit Presentation – for the Fiscal Year Ended April 30, 2014 Public Hearings: Citizen Comments on Agenda Items: Consent Agenda: 1. ADM 2014-59 Monthly Treasurer’s Report for July and August 2014 2. ADM 2014-62 Ordinance Authorizing the First Amendment to the Annual Budget for the Fiscal Year Commencing on May 1, 2014 and Ending on April 30, 2015 (Greenbriar Pond Naturalization) – authorize Mayor and City Clerk to execute 3. ADM 2014-63 Resolution Approving a Merchant Transaction Processing Agreement with TSYS Merchant Solutions, LLC and First National Bank of Omaha for Credit Card Processing – authorize Mayor and City Clerk to execute Minutes for Approval: 1. CC 2014-86 Minutes of the Regular City Council – September 9, 2014 2. CC 2014-87 Minutes of the Regular City Council – September 23, 2014 Bills for Payment (Informational): $1,763,017.13 Mayor’s Report: 1. CC 2014-88 Appointment of Freedom of Information Officer – Eivilyn Lopez 2. CC 2014-89 ComEd Settlement Agreements a. Resolution Approving a General Release by and between the City and the Commonwealth Edison Company (Beecher Road) United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 Telephone: 630-553-4350 www.yorkville.il.us City Council Agenda October 14, 2014 Page 2 b. Resolution Approving a General Release by and between the City and the Commonwealth Edison Company (Corneils Road) Public Works Committee Report: Economic Development Committee Report: 1. EDC 2014-12 Ordinance Adopting New Construction Builder Incentive Programs Public Safety Committee Report: Administration Committee Report: Park Board: 1. CC 2014-90 License Agreements for Riverfront Buildings a. Ordinance Approving a License Agreement with White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream b. Ordinance Approving a License Agreement with Specialty Expeditions, Inc. d/b/a Geneva Kayak Center 2. CC 2014-91 Bristol Bay 65 Professional Services Agreement with EEI Plan Commission: Zoning Board of Appeals: City Council Report: City Clerk’s Report: Community and Liaison Report: Staff Report: Additional Business: Executive Session: 1. For the appointment, employment, compensation, discipline, performance, or dismissal of specific employees of the public body or legal counsel for the public body, including hearing testimony on a complaint lodged against an employee of the public body or against legal counsel for the public body to determine its validity. Citizen Comments: Adjournment: COMMITTEES, MEMBERS AND RESPONSIBILITIES ADMINISTRATION: October 16, 2014 – 6:30 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Spears Finance Library Vice-Chairman: Alderman Milschewski Administration Committee: Alderman Funkhouser Committee: Alderman Frieders City Council Agenda October 14, 2014 Page 3 ECONOMIC DEVELOPMENT: November 4, 2014 – 6:00 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Koch Community Development Plan Commission Vice-Chairman: Alderman Teeling Building Safety and Zoning Yorkville Econ. Dev. Corp. Committee: Alderman Colosimo Kendall Co. Plan Commission Committee: Alderman Frieders PUBLIC SAFETY: November 6, 2014 – 6:30 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Colosimo Police Human Resource Comm. Vice-Chairman: Alderman Spears School District Committee: Alderman Kot Committee: Alderman Funkhouser PUBLIC WORKS: October 21, 2014 – 6:00 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Teeling Public Works Park Board Vice-Chairman: Alderman Kot Engineering YBSD Committee: Alderman Milschewski Parks and Recreation Committee: Alderman Koch 2014/2015 City Council Goals – City Council Goal Priority Staff “Staffing” 6 All Departments “Vehicles and Small Equipment” 9 All Departments UNITED CITY OF YORKVILLE WORKSHEET CITY COUNCIL Tuesday, October 14, 2014 7:00 PM CITY COUNCIL CHAMBERS ---------------------------------------------------------------------------------------------------------------------------------------- AMENDMENTS TO AGENDA: ---------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- PRESENTATIONS: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Audit Presentation – For the Fiscal Year Ended April 30, 2014 ----------------------------------------------------------------------------------------------------------------------------------------- CITIZEN COMMENTS ON AGENDA ITEMS: ----------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- CONSENT AGENDA: ----------------------------------------------------------------------------------------------------------------------------------------- 1. ADM 2014-59 Monthly Treasurer’s Report for July and August 2014 □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- 2. ADM 2014-62 Ordinance Authorizing the First Amendment to the Annual Budget for the Fiscal Year Commencing on May 1, 2014 and Ending on April 30, 2015 (Greenbriar Pond Naturalization) □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- 3. ADM 2014-63 Resolution Approving a Merchant Transaction Processing Agreement with TSYS Merchant Solutions, LLC and First National Bank of Omaha for Credit Card Processing □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ---------------------------------------------------------------------------------------------------------------------------------------- MINUTES FOR APPROVAL: ---------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2014-86 Minutes of the Regular City Council Meeting – September 9, 2014 □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ---------------------------------------------------------------------------------------------------------------------------------------- 2. CC 2014-87 Minutes of the Regular City Council Meeting – September 23, 2014 □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- BILLS FOR PAYMENT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Bills for Payment (Informational) □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- MAYOR’S REPORT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2014-88 Appointment of Freedom of Information Officer – Eivilyn Lopez □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- 2. CC 2014-89 Com Ed Settlement Agreements □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ---------------------------------------------------------------------------------------------------------------------------------------- ECONOMIC DEVELOPMENT COMMITTEE: ---------------------------------------------------------------------------------------------------------------------------------------- 1. EDC 2014-12 Ordinance Adopting New Construction Builder Incentive Programs □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes ___________________________________________________________________________ ________________________________________________________________________________ _________________________________________________________________________________ ---------------------------------------------------------------------------------------------------------------------------------------- PARK BOARD: ---------------------------------------------------------------------------------------------------------------------------------------- 1. CC 2014-90 License Agreements for Riverfront Buildings □ Approved: Y ______ N ______ □ Subject to____________________________________________ □ Removed__________________________________________________________________________ □ Notes_____________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ ---------------------------------------------------------------------------------------------------------------------------------------- 2. CC 2014-91 Bristol Bay 65 Professional Services Agreement with EEI □ Approved: Y ______ N ______ □ Subject to____________________________________________ □ Removed__________________________________________________________________________ □ Notes_____________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- ADDITIONAL BUSINESS: ----------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- CITIZEN COMMENTS: ----------------------------------------------------------------------------------------------------------------------------------------- Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Presentation #1 Tracking Number Audit Presentation – For the Fiscal Year Ended April 30, 2014 City Council – October 14, 2014 Rob Fredrickson Finance Name Department Yorkville UNITED CITY OF YORKVILLE 800 GAME FARM ROAD YORKVILLE, ILLINOIS 60560 (630) 553-4350 www.yorkville.il.us Fiscal Year Ended April 30, 2014 2014 Comprehensive Annual Financial Report UNITED CITY OF YORKVILLE, ILLINOIS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED APRIL 30, 2014 Prepared by: Rob Fredrickson Director of Finance UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE INTRODUCTORY SECTION List of Principal Officials............................................................................................................................. i Organization Chart ...................................................................................................................................... ii Transmittal Letter................................................................................................................................ iii - vii Certificate of Achievement for Excellence in Financial Reporting ......................................................... viii FINANCIAL SECTION INDEPENDENT AUDITORS' REPORT ......................................................................................... 1 - 2 MANAGEMENT’S DISCUSSION AND ANALYSIS ...................................................... MD&A 1 - 12 BASIC FINANCIAL STATEMENTS: Government-Wide Financial Statements Statement of Net Position .......................................................................................................... 3 - 4 Statement of Activities ............................................................................................................... 5 - 6 Fund Financial Statements Balance Sheet – Governmental Funds ....................................................................................... 7 - 8 Reconciliation of Total Governmental Fund Balance to Net Position of Governmental Activities ...................................................................................9 Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds ............................................................................ 10 - 11 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities ...................................12 Statement of Net Position – Proprietary Funds...................................................................... 13 - 14 Statement of Revenues, Expenses and Changes in Fund Net Position – Proprietary Funds .............................................................................................15 Statement of Cash Flows – Proprietary Funds ...............................................................................16 Statement of Net Position – Fiduciary Funds ................................................................................17 Statement of Changes in Net Position – Fiduciary Fund ...............................................................18 Notes to the Financial Statements ................................................................................................ 19 - 62 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE FINANCIAL SECTION – Continued REQUIRED SUPPLEMENTARY INFORMATION Schedules of Funding Progress and Employer Contributions Illinois Municipal Retirement Fund ...............................................................................................63 Police Pension Fund .......................................................................................................................64 Other Post-Employment Benefit Plan ............................................................................................65 Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual General Fund ..................................................................................................................................66 Library – Special Revenue Fund....................................................................................................67 Parks and Recreation – Special Revenue Fund ..............................................................................68 Countryside TIF – Special Revenue Fund .....................................................................................69 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Schedules of Revenues – Budget and Actual – General Fund..................................................... 70 - 71 Schedule of Expenditures – Budget and Actual – General Fund.........................................................72 Schedule of Detailed Expenditures – Budget and Actual – General Fund .................................. 73 - 78 Schedules of Revenues – Budget and Actual – Library – Special Revenue Fund ..............................79 Schedule of Expenditures – Budget and Actual – Library – Special Revenue Fund .................. 80 - 81 Schedules of Revenues – Budget and Actual – Parks and Recreation – Special Revenue Fund ........82 Schedules of Expenditures – Budget and Actual Parks and Recreation – Special Revenue Fund ...................................................................... 83 - 84 Combining Balance Sheet – Nonmajor Governmental ........................................................................85 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental .................................................................86 Combining Balance Sheet – Nonmajor Governmental – Special Revenue Funds ....................... 87- 88 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental – Special Revenue Funds ............... 89 - 90 Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Fox Hill Special Service Area – Special Revenue Fund................................................................91 Sunflower Special Service Area – Special Revenue Fund ............................................................92 Motor Fuel Tax – Special Revenue Fund ......................................................................................93 Land Cash – Special Revenue Fund ..............................................................................................94 Downtown TIF – Special Revenue Fund .......................................................................................95 Debt Service Fund..........................................................................................................................96 Combining Balance Sheet – Nonmajor Governmental – Capital Projects Funds ....................... 97 - 98 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental – Capital Projects Funds ............... 99 - 100 Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Municipal Building – Capital Projects Fund ...............................................................................101 Vehicle and Equipment – Capital Projects Fund ........................................................................102 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE FINANCIAL SECTION – Continued COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES – Continued Schedule of Expenditures – Budget and Actual Vehicle and Equipment – Capital Projects Fund ........................................................................103 Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Police Capital – Capital Projects Fund ........................................................................................104 Public Works Capital – Capital Projects Fund ............................................................................105 Parks and Recreation Capital – Capital Projects Fund ................................................................106 Citywide Capital – Capital Projects Fund ....................................................................................107 Schedule of Expenses and Changes in Net Position – Budget and Actual Sewer – Enterprise Fund ..............................................................................................................108 Water – Enterprise Fund ..............................................................................................................109 Recreation Center – Enterprise Fund ...........................................................................................110 Combining Statement of Changes in Assets and Liabilities – Agency Funds ......................... 111 - 112 SUPPLEMENTAL SCHEDULES Long–Term Debt Requirements Betzwiser Development, LLC Adjustable Rate Note Payable of 2008 .............................................113 IEPA (L17-115300) Loan Payable of 2000 .......................................................................................114 IEPA (L17-1156300) Loan Payable of 2007 .....................................................................................115 General Obligation Alternate Revenue Source Bonds of 2004B.......................................................116 General Obligation Alternate Revenue Source Bonds of 2005 .........................................................117 General Obligation Alternate Revenue Source Bonds of 2005A ......................................................118 General Obligation Alternate Revenue Source Bonds of 2005C.......................................................119 General Obligation Library Bonds of 2006 .......................................................................................120 General Obligation Refunding Alternate Revenue Source Bonds of 2007A ....................................121 General Obligation Refunding Alternate Revenue Source Bonds of 2011 .......................................122 General Obligation Library Refunding Bonds of 2013 .....................................................................123 General Obligation Refunding Alternate Revenue Source Bonds of 2014 .......................................124 Illinois Rural Bond Bank Debt Certificates of 2003 ..........................................................................125 Debt Certificates of 2003 ...................................................................................................................126 Debt Certificates of 2004A ................................................................................................................127 Refunding Debt Certificates of 2006A ..............................................................................................128 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE STATISTICAL SECTION (Unaudited) Net Position by Component – Last Ten Fiscal Years .................................................................... 129 - 130 Changes in Net Position – Last Ten Fiscal Years .......................................................................... 131 - 132 Fund Balances of Governmental Funds – Last Ten Fiscal Years .................................................. 133 - 134 Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years ............................... 135 - 136 Assessed Value and Actual Value of Taxable Property – Last Ten Fiscal Years ......................... 137 - 138 Principal Property Taxpayers – Current Tax Levy Year and Eight Tax Levy Years Ago ......................139 Direct and Overlapping Property Tax Rates – Last Ten Tax Levy Years ..................................... 140 - 141 Property Tax Levies and Collections – Last Ten Fiscal Years ................................................................142 Estimate of Taxable Sales by Category – Last Ten Calendar Years ............................................. 143 - 144 Direct and Overlapping Sales Tax Rates – Last Ten Fiscal Years ..........................................................145 Ratios of Outstanding Debt by Type – Last Ten Fiscal Years ...................................................... 146 - 147 Ratios of General Bonded Debt Outstanding – Last Ten Fiscal Years ....................................................148 Schedule of Direct and Overlapping Governmental Activities Debt .......................................................149 Schedule of Legal Debt Margin – Last Ten Fiscal Years .............................................................. 150 - 151 Pledged-Revenue Coverage Governmental Activities– Last Ten Fiscal Years ......................................152 Pledged-Revenue Coverage Business-Type Activities – Last Ten Fiscal Years .....................................153 Demographic and Economic Statistics – Last Ten Calendar Years .......................................................154 Principal Employers – Current Fiscal Year and Eight Fiscal Years Ago ................................................155 Full-Time and Part-Time Government Employees by Function Last Ten Fiscal Years............................................................................................................... 156 - 157 Operating Indicators by Function/Program – Last Ten Fiscal Years ............................................ 158 - 159 Capital Asset Statistics by Function/Program – Last Ten Fiscal Years ......................................... 160 - 161 New Permits and Construction Values – Last Ten Calendar Years ........................................................162 . INTRODUCTORY SECTION This section includes miscellaneous data regarding the City including: List of Principal Officials, Organization Chart, Transmittal Letter and the Certificate of Achievement for Excellence in Financial Reporting. UNITED CITY OF YORKVILLE, ILLINOIS Principal Officials Fiscal Year Ended April 30, 2014 EXECUTIVE Mayor: Gary J. Golinski City Clerk: Beth Warren LEGISLATIVE Ward 1: Carlo Colosimo, Alderman Ward 1: Ken Koch, Alderman Ward 2: Jackie Milschewski, Alderman Ward 2: Larry Kot, Alderman Ward 3: Joel Frieders, Alderman Ward 3: Chris Funkhouser, Alderman Ward 4: Rose Spears, Alderman Ward 4: Diane Teeling, Alderman ADMINISTRATIVE City Administrator: Bart Olson Director of Finance/Deputy Treasurer: Rob Fredrickson Director of Public Works: Eric Dhuse Chief of Police: Rich Hart Director of Community Development: Krysti Barksdale-Noble Director of Parks and Recreation: Tim Evans Library Director: Michelle Pfister i Citizens City Treasurer Mayor & City Council City Attorney Chief of Police City Administrator Administration Department Community Development Department Finance Department Parks & Recreation Department Public Works Department Park Board Library Board Library Director City ClerkDeputy Treasurer Deputy Clerk United City of Yorkville Organizational Chart ii United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 Telephone: (630) 553-4350 www.yorkville.il.us August 20, 2014 To The Honorable Gary J. Golinski, Mayor Members of the City Council Citizens of Yorkville, Illinois The Comprehensive Annual Financial Report (CAFR) of the United City of Yorkville, Illinois, for the Fiscal Year ended April 30, 2014, is hereby submitted. The submittal of this report complies with Illinois state law which requires that the City issue a report on its financial position and activity presented in conformance with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards (GAAS) by an independent firm of licensed certified public accountants. Responsibility for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures, rests with management. We believe the data, as presented, is accurate in all material respects; that it is presented in a manner designed to fairly set forth the financial position of the United City of Yorkville. The results of operations as measured by the financial activity of its various funds; and all disclosures necessary to enable the reader to gain a reasonable understanding of the City's financial affairs have been included. The City’s financial statements have been audited by Lauterbach & Amen LLP, a firm of licensed certified public accountants. The goal of the independent audit is to provide reasonable assurance that the financial statements of the United City of Yorkville for the fiscal year ended April 30, 2014, are free of material misstatements. The independent audit involves examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluation of the overall financial statement presentation. The independent auditors concluded, based upon their audit procedures, that there was a reasonable basis for rendering an unmodified (“clean”) opinion that the City’s financial statements for the fiscal year ended April 30, 2014, are fairly presented in conformity with GAAP. The independent auditor’s report is presented as the first component of the financial section of this report. This report includes all funds of the City (primary government), as well as its component units, the Yorkville Public Library (blended) and Yorkville Police Pension Fund (blended). Component units are autonomous entities for which the primary government is financially accountable. Generally accepted accounting principles require that management provide a narrative introduction, overview and analysis to accompany the basic financial statements in the form of Management’s Discussion and Analysis (MD&A). This transmittal letter is designed to complement the MD&A and should be read in conjunction with it. The City’s MD&A can be found immediately following the report of the independent auditors. iii Profile of the United City of Yorkville Yorkville was first settled in 1833 and has been the county seat of Kendall County since 1859. The Village of Yorkville was incorporated in 1874, with a population of approximately 500 people. At that time the Village of Yorkville only encompassed land on the south side of the Fox River; another village, called Bristol, was located directly across from Yorkville on the north side of the river. In 1957 the two villages merged, via referendum, to form the United City of Yorkville. The City, a non-home rule community as defined by the Illinois Constitution, covers approximately 22 square miles with a 2010 census population of 16,921 residents. The City is located in central Kendall County, about 45 miles southwest of Chicago, Illinois. The City is primarily residential and commercial in nature, with housing stock consisting of approximately 4,215 detached single family homes and 2,534 attached single family (includes townhomes, condominiums and duplexes) dwelling units. The City operates under a Mayor/Council form of government, as defined in Illinois State Statutes. The legislative authority of the City is vested in an eight-member council, each elected from their respective wards to overlapping four year terms. The Mayor, City Treasurer and City Clerk are elected at large. The Mayor appoints, with Council consent, a City Administrator to manage the day-to-day operations of the City. The City provides a full range of municipal services with 75 full-time, and 49 part-time persons working in public safety, public works, planning and zoning, parks and recreation, library services and general administration. The City maintains approximately 80 miles of streets and over 250 acres of park and green space. The City operates its own water distribution system with sewage treatment provided by the Yorkville Bristol Sanitation District. The Yorkville Public Library is operated under an appointed board, which is separate from the City Council. Library Board positions are appointed by the Mayor and expire on a rotating basis. Library operations are administered by the Library Board, however, the City is required by state statute to include within its property tax levy and budget, the Library’s requests. The Library does not have authority to issue debt, and must do so through the City. Thus, the Library is a component unit of the City. Accounting System and Budgetary Control Management of the United City of Yorkville is responsible for establishing and maintaining an internal control structure. The internal control structure is designed to ensure that the assets of the City are protected from loss, theft or misuse and to ensure that adequate accounting data is compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles. This structure is designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management. In addition, the United City of Yorkville maintains budgetary controls. The objective of these budgetary controls is to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the City's governing body. Activities of the general fund, special revenue funds, capital project funds, debt service funds and enterprise funds are included in the annual appropriated budget. The level of budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established at the fund level for all budgeted funds. Local Economy Yorkville is home to several large and midsized manufacturers and retailers including William Wrigley Jr. Company, Boombah, Inc., Newlywed Foods, Jewel/Osco, Target, Kohl’s, Dick’s Sporting Goods and iv Menards. It is also home to Raging Waves, Illinois largest water park. The City, along with the Yorkville Economic Development Corporation (YEDC), a quasi-public/private partnership partially funded by the City, continue to work on attracting and retaining commercial and industrial business to the City. The local housing market continued to improve over the course of the current fiscal year, as the number of foreclosures in the City decreased by approximately 44% in comparison to fiscal year 2013. In addition, it appears that building and development remains steady, as building permit issuances remained consistent with prior year amounts. The City’s B.U.I.L.D. (Buyers of Undeveloped Infill Lot Discount) program remained popular, posting a new high of 48 permits issued in fiscal year 2014. The B.U.I.L.D. program, which was implemented in January of 2012, is a comprehensive incentive and stimulus program aimed at newly constructed single-family detached homes. The program allows for delayed and reduced permit and impact fees for builders, and a building rebate fee to homebuyers. Based on the success of the B.U.I.L.D. program, the City is currently considering other residential builder incentives for spec and model homes. Major Initiatives In fiscal year 2014 the City continued to pursue several major initiatives, including: •Insurance Services Office (ISO) Rating – The City’s ISO rating increased in fiscal year 2014, due to the adoption of the 2009 building code and increased enforcement by the Community Development department. The City’s updated ISO score is 6 for residential and 5 for commercial buildings, which shows substantial improvement over its 2008 rating of 9 for both residential and commercial structures. ISO provides insurers with rating information regarding a communities building code adoption and enforcement as part of the underwriting process to determine premiums for insurance policies in that area. ISO rates building code effectiveness on a scale of 1 to 10, with 1 being the highest level of achievement. •Bond Rating Upgrade and Refunding - In December 2013, the City’s long term bond rating was increased four notches from ‘BBB+’ to ‘AA-’ by Standard & Poor’s Rating Services. In support of the upgrade, Standard & Poor’s cited strong budgetary flexibility, liquidity, budget performance and management. In addition, the City took advantage of the current interest rate environment by refunding the 2005B Library bonds in May 2013. Average nominal yearly savings to taxpayers is approximately $36,000 over the remaining life of the bond. •Route 47 Expansion – This is a multi-year, joint project between the City and the Illinois Department of Transportation, in which Illinois Route 47 will be expanded into five lanes. The road improvements start at Kennedy Road, continue through the downtown and culminate at Illinois Route 71. Currently the total cost of this project that is applicable to the City (including costs associated with the replacement and relocation of water and sewer lines) is approximately $3.4 million, payable to the State in monthly installments over the next nine years. Most of the work in fiscal year 2014 consisted of replacing water and sanitary sewer mains in the City’s downtown area. •Bristol Bay 65 – In April 2014, the City was awarded a $400,000 OSLAD grant for the development of the Bristol Bay Regional Park. Planned elements of the park include lighted sand volleyball courts, a skate park, natural landscaping, interpretative signage, horseshoes and a bocce ball court. Construction for the park is slated to begin in 2015. •Roads to Better Roads (RTBR) Program – Based on the findings of the road study conducted in 2013 and in an effort to address ongoing infrastructure needs, the City initiated its new streets program in the current fiscal year, aptly called the “Roads to Better Roads” program. Construction v costs for the current year totaled approximately $600,000 and consisted of pavement milling and overlays on several local streets. •Kennedy Road Bike Path – In 2011, the City was awarded a grant through the ITEP program for the construction of a shared-use path along Kennedy Road from Illinois Route 47 to Bridge Park. This project is partially funded by federal grant proceeds, with remaining amounts to be funded by donations received from a local not-for-profit organization called Push for the Path. During fiscal year 2014 the Phase 1 design report was completed, with construction engineering expected to begin in early fiscal year 2015. Long-Term Financial Planning Management annually develops five-year financial forecasts for all budgeted funds. These forecasts serve as the basis for identifying not only future capital needs, but future operational and personnel requirements as well. Revenue and expenditure trends will be evaluated and prioritized based on the goals set forth by the City Council. It is the intent of management that this five-year financial forecast will serve as the foundation for each year’s corresponding budget document. Relevant Financial Policies In order to insure that the City continues to meet its immediate and long term service goals, several financial policies and procedures have been implemented by management. Some of the more prescient policies include the following: •Issue a Comprehensive Annual Financial Report (CAFR) within 180 days of the end of each fiscal year that complies with generally accepted accounting principles. •Monthly revenue, expenditure and cash balance reporting for all funds. These financial reports ensure that the City Council is made aware of any variances from the appropriated budget. In addition, the City’s budget document continues to be revised in order to enhance transparency. •Maintain the “Information for Citizens” webpage on the City’s website, which contains a wide array of financial information including: budget and audit information; annual treasurer’s reports; bill lists; employee salary and benefit information; tax rates and fees; and other nonfinancial information. •A fund balance policy establishing benchmark reserve levels to be maintained in the City’s various funds, in order to promote financial stability and provide adequate cash flow for operations. •An investment policy which invests public funds in a manner which protects principal, maximizes return for a given level of risk and meets the daily cash flow needs of the City. •A capital asset policy which establishes the capitalization thresholds and estimated useful lives of capital assets. •A purchasing policy to ensure that goods and services are obtained in a timely manner at the lowest possible cost. •A credit card policy for all City related credit card purchases. All City employees are required to sign a credit card policy acknowledgement form prior to receiving a City issued credit card. vi Pension Trust Funds and Post-Employment Benefits Two pension plans are established by State Statute, which cover City employees. The benefits and funding of each plan are determined by state statute, and each plan provides retirement, disability and death benefits for participants. The Police Pension Fund is funded through an annual property tax levy, employee contributions and investment earnings. The Illinois Municipal Retirement Fund (IMRF) pension plan covers civilian full-time employees. Funding for IMRF is made through contributions from the employer (actuarially determined annually by the IMRF) and employees of the City (established at 4.5% of total compensation). Employees covered under both pension plans also contribute to Social Security (6.2% of salary capped annually) and Medicare (1.45% of total compensation). The notes to the financial statement provide more information pertaining to employee pensions. The City also provides post-retirement health care benefits for retirees and their dependents. Since the City does not contribute towards the cost of the retiree’s health insurance, the City is reporting on the implicit liability that is created when the retiree (by State Statute) is charged the group rate for the insurance as opposed to the true rate that would have been charged based on risk. Awards and Acknowledgments The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the United City of Yorkville for its comprehensive annual financial report for the fiscal year ended April 30, 2013. This was the 3rd year that the City has received this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. The report must also satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements, and we are submitting it to the GFOA to determine its eligibility for another certificate. The preparation of the comprehensive annual financial report would not have been possible without the dedicated services of the City department heads and staff. The entire finance department staff is extended a special appreciation for all of their assistance in the completion of the annual audit. Additionally, we would like to acknowledge the Mayor and City Council for their leadership and support in planning and conducting the financial operations of the City, which has made preparation of this report possible. Respectfully submitted, Bart Olson Rob Fredrickson, CPA City Administrator Director of Finance vii ( Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to United City of YorkvÍlle Illinois For its Comprehensive Annual Financial Report for the Fiscal Year Ended AprÍI 30, 2013 ffi?Étu- Execu tive Director/CEO vltr . FINANCIAL SECTION This section includes: •Independent Auditors’ Report •Management’s Discussion and Analysis •Basic Financial Statements •Required Supplementary Information •Combining and Individual Fund Statements and Schedules . INDEPENDENT AUDITORS’ REPORT This section includes the opinion of the City’s independent auditing firm. INDEPENDENT AUDITORS' REPORT August 20, 2014 The Honorable City Mayor Members of the City Council United City of Yorkville, Illinois We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the United City of Yorkville, Illinois, as of and for the year ended April 30, 2014, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the City’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the United City of Yorkville, Illinois, as of April 30, 2014, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. United City of Yorkville, Illinois August 20, 2014 Page 2 Other Matters Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis as listed in the table of contents and budgetary information reported in the required supplementary information as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the United City of Yorkville, Illinois’, financial statements as a whole. The introductory section, combining and individual fund financial statements and schedules, supplemental schedules, and statistical section are presented for purposes of additional analysis and are not a required part of the financial statements. The combining and individual fund financial statements and schedules and supplemental schedules are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual fund financial statements and schedules and supplemental schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole. The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on them. LAUTERBACH & AMEN, LLP 2 . MANAGEMENT’S DISCUSSION AND ANALYSIS UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 As management of the United City of Yorkville (“City”), we offer readers of the City’s financial statements this narrative overview and analysis of the financial activities of the City for the fiscal year ended April 30, 2014. Since the Management’s Discussion and Analysis (“MD&A”) is designed to focus on the current year’s activities, resulting changes and currently known facts, it should be read in conjunction with the Letter of Transmittal on pages iii through vii and the City’s financial statements (beginning on page 3). Financial Highlights •The assets/deferred outflows of the United City of Yorkville exceeded its liabilities/deferred inflows at the close of the fiscal year by $117,118,167 (net position). Of this amount, $98,590,252 was invested in capital assets, net of related debt; $1,946,088 was restricted for specific activities such as library operations, special service areas, highways and streets, TIF districts and land cash. Remaining net position, totaling $16,581,827, was unrestricted. •The City’s aggregate net position increased by $3,055,158 or 2.7% during the year ended April 30, 2014. Of this increase, $544,293 is attributable to governmental activities and $2,510,865 is attributable to business-type activities. •Total revenues decreased by 16.7% from $29,748,271 to $24,775,766. Overall expenses totaled $21,720,608, which is an increase of 17.3% from the preceding fiscal year. •As of the culmination of the current fiscal year, the City’s governmental funds reported combined fund balances of $6,664,222, compared to $8,046,822 reported on April 30, 2013. •For the fiscal year ended April 30, 2014, the City’s General Fund reported a net decrease in fund balance of $363,239. Total ending fund balance in the General Fund was a positive $3,860,581. •Both the City’s Water and Sewer funds reported positive changes in net position during the current fiscal year, reporting ending net position balances of $23,097,704 and $24,634,438, respectively. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the City’s basic financial statements. The City’s basic financial statements are comprised of three components: (1) government- wide financial statements, (2) fund financial statements, and (3) notes to the financial statements. The governmental-wide statements are divided between governmental activities and business-type activities, with the public library presented as a blended component unit. The perspective of the fund financial statements presents financial information for individual funds established by the City for specific purposes. They are categorized into three distinct groups: governmental, proprietary and fiduciary. This report also contains other supplementary information in addition to the basic financial statements. Government-Wide Financial Statements The government-wide financial statements are designed to provide readers with a broad overview of the City’s finances, in a manner similar to a private-sector business. The Statement of Net Position presents information on all of the City’s assets/deferred outflows and liabilities/deferred inflows, with the difference between the two reported as net position. Over time increases or decreases in net position may serve as a useful indicator of whether the financial position of the City is improving or deteriorating. The Statement of Activities presents information showing how the City’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods. MD&A 1 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Both of the government-wide financial statements distinguish functions of the City that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City include general government (legislative, administration, finance), public safety (police), community development, public works (street operations, health and sanitation) and parks and recreation. Property taxes, shared state taxes and local utility taxes finance the majority of these services. Business-type activities reflect private sector type operations, where the fee for service typically covers all or most of the cost of operations, including depreciation. The business-type activities of the City include water, sewer and recreation center management. The government-wide financial statements may be found on pages 3 through 6 of this report. Fund Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the United City of Yorkville can be divided into three categories: governmental funds, proprietary funds and fiduciary funds. Governmental Funds Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the City’s near-term financing decisions. Both the Governmental Fund Balance Sheet and the Governmental Fund Statement of Revenues, Expenditures and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City maintains sixteen individual governmental funds. Information is presented separately in the Governmental Fund Balance Sheet and in the Governmental Fund Statement of Revenues, Expenditures and Changes in Fund Balances for the General Fund, Library Fund, Parks and Recreation Fund and the Countryside TIF Fund, all of which are considered to be major funds. Information from the City’s other twelve governmental funds are combined into a single column presentation. Individual fund information for these non-major governmental funds is provided elsewhere in the report. The United City of Yorkville adopts annual budgets for its General Fund, Library Fund, Parks and Recreation Fund and Countryside TIF Fund. A budgetary comparison schedule has been provided for all four funds to demonstrate compliance with this budget. The basic governmental fund financial statements may be found on pages 7 through 12 of this report. MD&A 2 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Proprietary Funds The City maintains one type of proprietary fund (enterprise funds). Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for its water, sewer and recreation center operations. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the Water Fund (major fund), the Sewer Fund (major fund) and the Recreation Center Fund. The basic proprietary fund financial statements may be found on pages 13 through 16 of this report. Fiduciary Funds Fiduciary funds are used to account for resources held for the benefit of parties outside the City. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the City’s operations. The City maintains one fiduciary trust fund; the Police Pension Fund and two agency funds; one for fees held for other governmental agencies and one for developer deposits. The accounting used for fiduciary funds is similar to that used by proprietary funds. The basic fiduciary fund financial statements may be found on pages 17 and 18 of this report. Notes to the Financial Statements The notes provide additional information that is essential to a full understanding of the information provided in the government-wide and fund financial statements. The notes to the financial statements may be found on pages 19 through 62 of this report. Other Information In addition to the basic financial statements, this report also includes certain required supplementary information related to budgetary information and the City’s progress in funding its obligation to provide pension benefits to its employees. Required non-major fund information can be found following the required supplementary information. Required supplementary information may be found on pages 63 through 69 of this report. The combing statements referred to earlier in connection with non-major governmental funds are presented immediately following the required supplementary information on pensions. Combing and individual fund statements and schedules may be found on pages 70 through 112 of this report. MD&A 3 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 GOVERNMENT-WIDE FINANCIAL ANALYSIS Statement of Net Position The following chart reflects the condensed Statement of Net Position (in millions): 2014 2013 2014 2013 2014 2013 Assets: Current Assets 14.0$ 15.0$ 4.4$ 4.5$ 18.4$ 19.5$ Capital Assets 77.1 75.8 59.8 59.2 136.9 135.0 Other Assets/Deferred Outflows 0.2 - 11.4 11.5 11.6 11.5 Total Assets 91.3 90.9 75.6 75.1 167.0 166.0 Liabilities: Current Liabilities 3.0 2.7 2.7 2.5 5.7 5.3 Long-term Liabilities/ Deferred Inflows 19.0 19.2 25.2 27.4 44.2 46.7 Total Liabilities 22.0 22.0 27.9 29.9 49.9 51.9 Net Position: Invested in Capital Assets, Net 63.9 62.0 34.7 31.7 98.6 93.7 Restricted 1.9 3.5 - - 1.9 3.5 Unrestricted 3.6 3.3 13.0 13.5 16.6 16.8 Total Net Position 69.4$ 68.8$ 47.7$ 45.2$ 117.1$ 114.1$ Primary Government Total Governmental Activities Business-Type Activities The City’s combined net position increased by $3.0 million, from $114.1 to $117.1 million, during the current fiscal year. This change is the result of $0.5 million and $2.5 million increases in the net position of governmental activities and business-type activities, respectively. The moderate increase in the net position of governmental activities in fiscal year 2014 was due to an increase in capital assets, consisting primarily of developer donations and unfinished infrastructure that was still being constructed at fiscal year end. Restricted net position for governmental activities decreased by 45% due to an incentive payout relating to the Countryside TIF district. The enhanced net position of business-type activities was due mainly to a rise in capital assets associated with the Water and Sewer Funds. The largest portion of the United City of Yorkville’s net position, or 84.2%, reflects its investment in capital assets (e.g., land, infrastructure, buildings, machinery and equipment), less any related debt used to acquire or construct those assets that are still outstanding. The City uses its capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the United City of Yorkville’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. An additional portion of the United City of Yorkville’s net position, or 1.7%, represents resources that are subject to external restrictions on how they may be used. Total restricted net position is comprised as follows: 25.1% is for library operations; 0.7% is for the maintenance of special service areas; 52.6% is for future road maintenance and improvement projects relating to the City’s motor fuel tax (MFT) program; 11.9% is restricted for Tax Increment Financing (TIF) projects; and the remaining 9.7% is restricted for future land cash projects. MD&A 4 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 As of April 30, 2014, the City was able to report positive balances in all three categories of net position, both for the government as a whole, and for its separate governmental and business-type activities. Additional information on the Statement of Net Position may be found on pages 3 and 4 of this report. Activities The following table reflects the revenue and expenses of the City’s governmental and business-type activities (in millions). 2014 2013 2014 2013 2014 2013 Revenues Program Revenues: Charges for Services 2.8$ 2.1$ 3.6$ 4.7$ 6.3$ 6.8$ Operating Grants & Contributions 1.1 0.7 - - 1.1 0.7 Capital Grants & Contributions 1.2 3.3 1.7 4.8 2.89 8.1 General Revenues: Property Taxes 4.7 4.7 - 0.2 4.7 4.9 Other Taxes 8.8 8.5 - - 8.8 8.5 Other Revenue 0.8 0.7 0.2 0.1 0.9 0.8 Total Revenues 19.3 20.0 5.4 9.8 24.8 29.7 Expenses General Government 5.8 3.1 - - 5.8 3.1 Public Safety 3.9 3.8 - - 3.9 3.8 Community Development 0.4 0.4 - - 0.4 0.4 Public Works 3.4 3.0 - - 3.4 3.0 Library 0.9 0.9 - - 0.9 0.9 Parks & Recreation 2.0 1.8 - - 2.0 1.8 Interest Long-Term Debt 0.7 0.7 - - 0.7 0.7 Water - - 2.7 2.6 2.7 2.6 Sewer - - 1.6 1.6 1.6 1.6 Recreation Center - - 0.2 0.6 0.2 0.6 Total Expenses 17.2 13.6 4.5 4.9 21.7 18.5 Transfers (1.6) - 1.6 - - - Change in Net Position 0.5$ 6.3$ 2.5$ 4.9$ 3.1$ 11.3$ Net Position, Beginning 68.8$ 62.5$ 45.2$ 40.3$ 114.1$ 102.9$ Net Position, Ending 69.4$ 68.8$ 47.7$ 45.2$ 117.1$ 114.1$ MD&A 5 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Governmental Activities Revenues Total governmental activities revenue for the current fiscal year was $19,352,505, compared to $19,974,986 in the previous fiscal year, a decrease of 3.1%. Property taxes, the City’s largest single revenue source (24.1% of aggregate revenues), totaled $4.67 million in fiscal year 2014. Property taxes support governmental activities, including the City’s annual contribution to the Yorkville Police Pension. The City contributed $524,120 to the Police Pension Fund in the current fiscal year, exceeding the required contribution of $513,459 by $10,661. Property tax revenues marginally decreased by 1.5% in the current fiscal year, due to several years’ worth of property tax objections being refunded to one of the City’s principal taxpayers as a result of a decision by the Property Tax Appeals Board. The City received sales taxes in the amount of $4.57 million in fiscal year 2014, which is a 3.7% increase over the prior year. The “other taxes” classification includes a number of revenue sources, including income and utility taxes. After increasing by approximately 10% for two consecutive fiscal years, income tax began to level off in fiscal year 2014, yielding a moderate increase of 1.6% over the previous fiscal year. Utility taxes increased by 5.1%, as a result of the frigid temperatures experienced during the winter months. The sharp increase in charges for services in fiscal year 2014 is a direct result of the City’s new road infrastructure fee, which appears as an itemized charge on customer’s utility bills. Revenue generated from the fee was approximately $0.68 million which was used to fund the City’s street program. Operating grants and contributions increased by 63%, as the City began to receive grant proceeds for expenses incurred relating to several capital projects. Capital grants and contributions decreased by 63% as a result of less infrastructure being accepted by the City in the current fiscal year. MD&A 6 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Expenses Total expenses amounted to $17,181,949 for governmental activities in fiscal year 2014. This reflects an increase of 25.9% from the prior year. The general government function comprises the greatest proportion of governmental activities expenses, accounting for approximately 34% of the total, followed by the public safety and public works functions at 23% and 20%, respectively. In fiscal year 2014 general government expenses increased by $2,687,097 (86%) over the previous fiscal year, two thirds of which is due to an incentive payout of $1.8 million to the developer of the new movie theater located in the City’s Countryside TIF district. The remaining third is attributable to increases in gross engineering fees, litigation counsel services, liability insurance and sales and excise tax rebate expenses. Public Works expenses increased by 15%, due to contractual increases in garbage services, the reallocation of personnel costs, increased spending for vehicle maintenance and an operational chargeback for vehicle and equipment purchases. Public safety expenses increased by a marginal 3.3%, as a result of increased pension funding by the City and the hiring of additional police officers. The following pie chart shows the breakdown of governmental activities expenses by function. MD&A 7 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Business-Type Activities Business-type activities increased the City’s net position by $2.5 million. Approximately 66% of business-type activity revenue is generated from fees for services relating to the City’s water and sewer utilities. Charges for services totaled $3.57 million in fiscal year 2014, which represents a decrease of $1.11 million (-23.6%) over prior year amounts. This significant decrease in charges for services was due to the closing of the Recreation Center in June of 2013 and the $586,000 reduction in year-over-year sewer connection fees as a result of an expired development agreement. Capital grants and contributions totaled $1.66 million in fiscal year 2014, a decrease of $3.17 million over prior year, as a result of less infrastructure being accepted by the City in the current fiscal year. Transfers in for business-type activities totaled $1.63 million, comprised of $1.14 million for debt service and $0.49 million to eliminate the accumulated negative net position in the Recreation Center Fund. FINANCIAL ANALYSIS OF THE GOVERNMENT’S FUNDS Governmental Funds - The focus of the United City of Yorkville’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the United City of Yorkville’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. At the end of the current fiscal year, the United City of Yorkville’s governmental funds reported combined ending fund balances of $6,664,222, a decrease of $1,382,600 over last year’s totals. The majority of fund balance for the governmental funds is split between the restricted and unassigned categories. Restricted fund balance, which accounts for 29% of total fund balance, includes amounts restricted for library operations, special service areas, TIF related projects and the City’s motor fuel tax program. The bulk of unassigned fund balance, which accounts for 48% of total governmental fund balance, is in the General Fund ($3.70 million). Remaining fund balance for the governmental funds is allocated as follows: $191,065 (3%) is nonspendable (i.e. prepaids); $527,635 (8%) is committed for parks and recreation activities; and $824,301 (12%) is assigned for various capital projects, vehicles and equipment. The Library Fund reported a positive fund balance of $497,946 at the end of fiscal year 2014, which is an increase of $36,121 over the previous year. In comparison to fiscal year 2013, property taxes (which account for 92% of total Library Fund revenues) fell by $49,067 (7%) due to declining property values and being subject to a tax cap of $0.15 per $100 of assessed valuation. However, this loss was partially offset by City Council’s decision to give the Library a one-time transfer of $21,490 from the City’s General Fund. Library development fees had a year-over-year increase exceeding 50%, which allowed for the increased funding of expenditures pertaining to books, programming, computer supplies and equipment. Library operational expenditures remained relatively flat, posting a nominal 2% reduction in comparison with the previous fiscal year. The Parks and Recreation Fund reported a surplus amount of $226,115 in the current year, thereby increasing fund balance from $320,370 to $546,485. Aggregate revenues posted year-over-year gains of approximately 9%, bolstered by significant increases in special events (36%), preschool fees (36.2%) and the near tripling of park rental income (from $12,552 to $34,559). Expenditures in the Parks and Recreation Fund increased by approximately 13%; as a result of increased spending in recreational programming, park maintenance and the remodeling of the administration building. In addition, an interfund transfer in the amount of $489,043 was made to the Recreation Center Fund, in order to eliminate that funds negative net position and close it out. MD&A 8 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 The Countryside TIF Fund ended fiscal year 2014 with a deficit amount of $2,106,422, decreasing fund balance from $1,572,335 to a negative $534,087. The principle reason for this reduction in fund balance was due to a $1.8 million TIF incentive that was paid out to the developer of the new NCG Cinemas upon its opening last November. Other TIF activities for the current fiscal year included the partial refunding of the 2005 Countryside TIF bonds, which will mitigate the fund’s negative equity position and ease cash flow constraints in subsequent fiscal years. It is the belief of management that this refunding will allow the TIF district additional time to foster further development, resulting in additional incremental property taxes, which will not only cover debt service requirements but eliminate the fund's negative equity position as well. General Fund: Over the course of the fiscal year, the City Council approved one budget amendment to the 2014 General Fund budget. In December, the City Council approved Ordinance 2013-65 which amended the budget to include a contribution to the 4th of July Committee in the amount of $11,033. Proceeds for this donation were derived from two unanticipated mowing fine settlement agreements. The chart below compares the fiscal year 2014 final budget to the actual results of the City’s General Fund. Fiscal Year 2014 General Fund Budgetary Highlights Final Budget Actual Over(Under) Actual as % Of Budget Revenues Taxes $ 9,359,104 $ 9,581,952 $ 222,848 102% Intergovernmental 1,998,200 2,127,090 128,890 106% Licenses, Permits & Fees 193,000 168,119 (24,881) 87% Charges for Services 1,181,235 1,175,166 (6,069) 99% Fines & Forfeitures 180,200 173,954 (6,246) 97% Interest 6,500 8,799 2,299 135% Miscellaneous 86,000 207,592 121,592 241% Total Revenues $ 13,004,239 $ 13,442,672 $ 438,433 103% Expenditures General Government $ 3,446,540 $ 3,752,982 $ 306,442 91% Public Safety 4,140,047 3,812,134 (327,913) 92% Community Development 412,328 407,537 (4,791) 79% Public Works 2,105,005 2,045,049 (59,956) 86% Total Expenditures $ 10,103,920 $ 10,017,702 $ (86,218) 90% Excess of Revenues over Expenditures $ 2,900,319 $ 3,424,970 $ 524,651 182% Other Financing Sources(Uses) $ (3,793,423) (3,788,209) (5,214) 100% Net Change in Fund Balance $ (893,104) $ (363,239) Fund Balance - Beginning of Year 4,223,820 Fund Balance - End of Year $ 3,860,581 The General Fund is the City’s primary operating fund and the largest source of funding for the day-to- day activities of its various departments. Actual revenues exceed budgetary revenues by $438,433, as tax and intergovernmental revenues proved to be more robust than initially anticipated. MD&A 9 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 Actual General Fund expenditures for the year were $86,218 lower than budgeted ($10,017,702 actual compared to $10,103,920 budgeted). Furthermore, management is pleased to report that all functional departments within the General Fund (excluding administrative services) were under their respective appropriated budgets for the fiscal year ended 2014. As indicated in the table on the preceding page, current year operating results generated a deficit amount of $363,239, which decreased fund balance from $4,223,820 at the beginning of the year, to $3,860,581 at the end of fiscal year 2014. This decrease in fund balance is foremost attributable to two interfund transfers made to the Municipal Building and Parks and Recreation Funds. In fiscal year 2014 the General Fund made a one-time transfer to the Municipal Building Fund in the amount of $571,615 to eliminate negative fund balance and close out the fund. In addition, the General Fund increased its annual operational transfer to the Parks and Recreation Fund by approximately $557,000 (the total transfer amount was $1,765,504), in order for that fund to close out the Recreation Center Fund. At fiscal year end, fund balance as a percentage of total expenditures and net transfers equated to 28%, which is the equivalent of approximately three to four months of operating reserves. Proprietary Funds - The United City of Yorkville’s proprietary funds provide the same type of information found in the government-wide financial statements, but in greater detail. The net position of the Water and Sewer Funds at the end of the year totaled $47,732,142, an increase of $2,209,241 from fiscal year 2013. Developer donations, totaling $1,658,648, accounted for the bulk of the increase. Recreation Center Fund operations ceased effective June 30, 2013, in conjunction with the expiration of the recreation center operating lease. As mentioned earlier, the Recreation Center Fund was closed out by an interfund transfer from the Parks and Recreation Fund at the end of the current fiscal year. CAPITAL ASSET AND DEBT ADMINISTRATION Capital Assets – The United City of Yorkville’s investment in capital assets for its governmental and business-type activities as of April 30, 2014 totaled $136,945,230 (net of accumulated depreciation). Investments in capital assets include land, land improvements, construction in progress (CIP), infrastructure (roadway improvements, sanitary sewer lines, storm sewers and water lines), buildings, equipment and vehicles. The following table summarizes the changes in the City’s capital assets for governmental and business-type activities. Change in Capital Assets – Governmental Activities (in millions) Net Balance Additions/Balance May 1, 2013 Deletions April 30, 2014 Non-Depreciable Assets: Land and Construction in Progress 31.0$ 1.8$ 32.8$ Depreciable Capital Assets: Infrastructure 43.3 1.2 44.4 Buildings 14.6 - 14.6 Equipment 6.3 0.1 6.4 Vehicles 2.4 0.1 2.5 Accumulated Depreciation on Capital Assets (21.7) (1.9) (23.6) Total Capital Assets, Net 75.8$ 1.3$ 77.1$ Total net capital assets for the City’s governmental activities increased in fiscal year 2014 by $1,292,921, due primarily to developer donations related to streets infrastructure. MD&A 10 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 During the fiscal year depreciation expense was charged to the following functions: General Government ($69,644), Public Safety ($66,881), Public Works ($1,226,691), Library ($180,940) and Parks and Recreation ($385,458). Change in Capital Assets – Business-Type Activities (in millions) Net Balance Additions/Balance May 1, 2013 Deletions April 30, 2014 Non-Depreciable Assets: Land and Construction in Progress 1.6$ 0.2$ 1.8$ Depreciable Capital Assets: Infrastructure 49.5 1.8 51.3 Equipment 18.9 0.0 18.9 Accumulated Depreciation on Capital Assets (10.8) (1.4) (12.2) Total Capital Assets, Net 59.1$ 0.7$ 59.8$ Net capital asset additions for the year totaled $658,873, the majority of which were comprised of developer donations in the form of water, sanitary and storm sewer infrastructure. During the fiscal year depreciation expense of $825,419 and $531,028 was charged to the Water and Sewer Fund functional expense categories, respectively. For more detailed information related to capital assets, see Note 3 to the financial statements, beginning on page 33. Debt Administration As of April 30, 2014, the United City of Yorkville had total debt outstanding of $40,797,224, comprised of general obligation and alternative revenue source bonds, debt certificates, developer commitments and loans payable. This amount is partially comprised of six alternative revenue bonds which pledge income, sales, utility and incremental property taxes, and water/sewer revenues. In addition, these bonds can be reverted to the property tax rolls should the alternative revenue source prove to be inadequate. Governmental Business-Type Activities Activities Total General Obligation & Alternative Revenue Source Bonds 12,520,000$ 16,855,000$ 29,375,000$ Debt Certificates - 6,680,000 6,680,000 Developer Commitments - 1,919,909 1,919,909 Loans Payable 942,231 1,880,084 2,822,315 13,462,231$ 27,334,993$ 40,797,224$ In 2013 the City’s bond rating was upgraded to AA- by Standard & Poor’s Ratings Services for general obligation debt. Fitch Ratings currently rates the City’s unlimited tax general obligation bonds at A+. State statutes limit the amount of general obligation debt a non-home rule governmental entity may issue to 8.625 percent of its total assessed valuation. The current debt limit for the City is $36,228,651. The amount of debt applicable to that limit is $19,290,000. For more detailed information related to long-term debt, see Note 3 to the financial statements, beginning on page 36. MD&A 11 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2014 ECONOMIC FACTORS AND NEXT YEAR’S BUDGET The fiscal year 2014 budget highlighted the planned decision by management and City Council to true-up the equity position of the General Fund, by closing out funds with negative equity that draw upon its resources. Despite ending the year in deficit, the actual results of the General Fund were better than initially anticipated when compared to the final budgeted numbers. The City’s sales tax base continues to remain strong, as both municipal sales and non-home rule sales taxes exceeded budgeted amounts by $137,210 and $186,566, respectively. Other major General Fund revenues have proved resilient as well, with income, utility and local use taxes all surpassing budgeted and prior year amounts. Thus, based on the overall operating results of fiscal year 2014, it would appear that the local economy remains stable and that development in Yorkville continues to carry on in a positive manner, as the City continues to develop economic incentives and other measures to attract and retain businesses. As the City moved forward into fiscal year 2015, management continued its practice of conservatively projecting revenues, while looking for ways to reduce expenditures, in order to maintain adequate fund balances and cash reserves. The fiscal year 2015 General Fund budget is expected to run a moderate surplus of approximately $150,000, and includes funding for various projects including: a new City website; phone system; video streaming software; comprehensive plan revisions; and a south side retail study. In addition, the fiscal year 2015 budget provides for the hiring of two additional police officers, which brings the police department back to its pre-2007 recession level of thirty sworn personnel. In fiscal year 2015 the City plans to continue with its “Road to Better Roads” program, with approximately $1.2 million dollars budgeted for water, sanitary sewer, storm sewer and roadway improvements. Other capital projects planned for the new fiscal year include: downtown streetscape improvements; a joint project with the State, involving the reconstruction of US Route 34 (between Illinois Route 47 and Orchard Road); Sunflower Estates drainage improvements; the reconstruction and widening of Kennedy Road; improvements to Bridge Park; and the development of Grande Reserve Park B. Furthermore, the City has recently issued new debt in the amount of $4.295 million for the upcoming reconstruction of Game Farm Road and refinanced the 2005A and 2005C bonds, which resulted in combined debt service savings of $327,325. REQUESTS FOR INFORMATION This financial report is designed to provide our citizens, customers, investors and creditors with a general overview of the City’s finances. Questions concerning this report or requests for additional financial information should be directed to the Director of Finance, United City of Yorkville, 800 Game Farm Road, Yorkville, Illinois 60560. MD&A 12 . BASIC FINANCIAL STATEMENTS The basic financial Statements include integrated sets of financial statements as required by the GASB. The sets of statements include: •Government-Wide Financial Statements •Fund Financial Statements Governmental Funds Proprietary Funds Fiduciary Funds In addition, the notes to the financial statements are included to provide information that is essential to a user’s understanding of the basic financial statements. UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position April 30, 2014 See Following Page The notes to the financial statements are an integral part of this statement. 3 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position April 30, 2014 Business- Type Activities Totals Current Assets Cash and Investments $5,996,255 3,724,217 9,720,472 Receivables - Net 7,687,961 659,968 8,347,929 Prepaids 191,065 43,250 234,315 Due from Other Governments 131,319 - 131,319 Total Current Assets 14,006,600 4,427,435 18,434,035 Noncurrent Assets Capital Assets Nondepreciable Capital Assets 32,828,269 1,756,100 34,584,369 Depreciable Capital Assets 67,900,191 70,249,363 138,149,554 Accumulated Depreciation (23,592,200)(12,196,493)(35,788,693) Total Capital Assets 77,136,260 59,808,970 136,945,230 Other Assets Assets Held for Others - 11,091,000 11,091,000 Total Noncurrent Assets 77,136,260 70,899,970 148,036,230 Total Assets 91,142,860 75,327,405 166,470,265 Unamortized Loss on Refunding 197,291 323,156 520,447 Total Assets and Deferred Outflows of Resources 91,340,151 75,650,561 166,990,712 Governmental Activities ASSETS DEFERRED OUTFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 4 Business- Type Activities Totals Current Liabilities Accounts Payable 931,071 152,380 1,083,451 Retainage Payable 33,064 - 33,064 Deposits Payable 307,162 9,000 316,162 Accrued Payroll 200,721 28,855 229,576 Accrued Interest Payable 155,686 339,610 495,296 Other Liabilities 306,313 - 306,313 Other Payables 117,383 1,873 119,256 Current Portion of Long-Term Debt 916,300 2,185,922 3,102,222 Total Current Liabilities 2,967,700 2,717,640 5,685,340 Noncurrent Liabilities Compensated Absences Payable 288,752 41,366 330,118 Net Pension Obligation Payable 626,585 - 626,585 Net Other Post-Employment Benefit Payable 6,306 - 6,306 Notes Payable 826,229 - 826,229 IEPA Loans Payable - 1,694,504 1,694,504 General Obligation Bonds Payable 11,790,000 15,680,000 27,470,000 Debt Certificates Payable - 5,865,000 5,865,000 Other Liabilities 1,890 1,919,909 1,921,799 Total Noncurrent Liabilities 13,539,762 25,200,779 38,740,541 Total Liabilities 16,507,462 27,918,419 44,425,881 Property and State Taxes 5,446,664 - 5,446,664 Total Liabilities and Deferred Inflows of Resources 21,954,126 27,918,419 49,872,545 Net Investment in Capital Assets 63,873,210 34,717,042 98,590,252 Restricted Library Operations 489,178 - 489,178 Special Service Areas 13,708 - 13,708 Motor Fuel Tax 1,024,307 - 1,024,307 Land Cash 187,984 - 187,984 Tax Increment Financing Districts 230,911 - 230,911 Unrestricted 3,566,727 13,015,100 16,581,827 Total Net Position 69,386,025 47,732,142 117,118,167 LIABILITIES NET POSITION Governmental Activities DEFERRED INFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 5 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Activities For the Fiscal Year Ended April 30, 2014 Charges Operating Capital for Grants/Grants/ Services Contributions Contributions Governmental Activities General Government $5,808,954 2,381,788 230,839 - Library 918,131 74,037 22,914 - Parks and Recreation 2,029,523 299,478 338,655 31,286 Public Safety 3,874,698 - - - Community Development 407,537 - - - Public Works 3,444,587 - 543,251 1,198,543 Interest on Long-Term Debt 698,519 - - - Total Governmental Activities 17,181,949 2,755,303 1,135,659 1,229,829 Business-Type Activities Sewer 1,595,266 1,130,954 - 1,050,164 Water 2,710,511 2,394,494 - 608,484 Recreation Center 232,882 44,891 - - Total Business-Type Activities 4,538,659 3,570,339 - 1,658,648 21,720,608 6,325,642 1,135,659 2,888,477 General Revenues Taxes Property Taxes Utility Taxes Other Taxes Intergovernmental - Unrestricted Sales Taxes Income Taxes Interest Income Miscellaneous Transfers - Internal Activity Change in Net Position Net Position - Beginning Net Position - Ending Expenses Program Revenues The notes to the financial statements are an integral part of this statement. 6 Business Governmental Type Activities Activities Totals (3,196,327)- (3,196,327) (821,180)- (821,180) (1,360,104)- (1,360,104) (3,874,698)- (3,874,698) (407,537)- (407,537) (1,702,793)- (1,702,793) (698,519)- (698,519) (12,061,158)- (12,061,158) - 585,852 585,852 - 292,467 292,467 - (187,991)(187,991) - 690,328 690,328 (12,061,158)690,328 (11,370,830) 4,670,934 - 4,670,934 1,633,242 - 1,633,242 988,822 - 988,822 4,573,026 - 4,573,026 1,613,102 - 1,613,102 14,895 11,491 26,386 737,693 182,783 920,476 (1,626,263)1,626,263 - 12,605,451 1,820,537 14,425,988 544,293 2,510,865 3,055,158 68,841,732 45,221,277 114,063,009 69,386,025 47,732,142 117,118,167 Primary Government Net Expense/Revenue The notes to the financial statements are an integral part of this statement. 7 UNITED CITY OF YORKVILLE, ILLINOIS Balance Sheet - Governmental Funds April 30, 2014 Cash and Investments $2,351,670 Receivables - Net of Allowances Property Taxes 3,073,873 Accounts 221,671 Other Taxes 2,386,979 Due from Other Governments 3,900 Due from Other Funds 533,396 Prepaids 156,680 Total Assets 8,728,169 Accounts Payable 728,907 Retainage Payable - Deposit Payable 295,619 Accrued Payroll 149,909 Other Liabilities - Due to Other Funds - Other Payables - Total Liabilities 1,174,435 Property and State Taxes 3,693,153 Total Liabilities and Deferred Inflows of Resources 4,867,588 Nonspendable 156,680 Restricted - Committed - Assigned - Unassigned 3,703,901 Total Fund Balances 3,860,581 Total Liabilities, Deferred Inflows of Resources and Fund Balances 8,728,169 FUND BALANCES LIABILITIES General ASSETS DEFERRED INFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 8 Parks and Countryside Library Recreation TIF Nonmajor Totals 540,769 722,417 - 2,381,399 5,996,255 1,423,321 - - 329,579 4,826,773 - 6,323 - 209,311 437,305 912 - 1,951 34,029 2,423,871 - - - 127,419 131,319 - - - - 533,396 8,768 18,850 - 6,767 191,065 1,973,770 747,590 1,951 3,088,504 14,539,984 14,191 64,225 - 123,748 931,071 - - - 33,064 33,064 - 9,500 2,043 - 307,162 14,682 36,130 - - 200,721 23,630 91,250 - 191,433 306,313 - - 533,384 - 533,384 - - - 117,383 117,383 52,503 201,105 535,427 465,628 2,429,098 1,423,321 - 611 329,579 5,446,664 1,475,824 201,105 536,038 795,207 7,875,762 8,768 18,850 - 6,767 191,065 489,178 - - 1,462,229 1,951,407 - 527,635 - - 527,635 - - - 824,301 824,301 - - (534,087)- 3,169,814 497,946 546,485 (534,087)2,293,297 6,664,222 1,973,770 747,590 1,951 3,088,504 14,539,984 Special Revenue The notes to the financial statements are an integral part of this statement. 9 UNITED CITY OF YORKVILLE, ILLINOIS Reconciliation of Total Governmental Fund Balance to Net Position of Governmental Activities April 30, 2014 Total Governmental Fund Balances $6,664,222 Amounts reported for governmental activities in the Statement of Net Position are different because: Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds.77,136,260 Long-term liabilities are not due and payable in the current period and, therefore, are not reported in the funds. Accrued Interest Payable (155,686) Compensated Absences Payable (360,940) Net Pension Obligation Payable (626,585) Net Other Post-Employment Benefit Obligation Payable (6,306) Notes Payable (940,341) General Obligation Bonds Payable (12,520,000) Unamortized Loss on Refunding 197,291 Other Obligations Payable (1,890) Net Position of Governmental Activities 69,386,025 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds For the Fiscal Year Ended April 30, 2014 See Following Page The notes to the financial statements are an integral part of this statement. 10 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds For the Fiscal Year Ended April 30, 2014 Revenues Taxes $9,581,952 Intergovernmental 2,127,090 Licenses, Permits and Fees 168,119 Charges for Services 1,175,166 Fines and Forfeits 173,954 Grants and Donations - Interest 8,799 Miscellaneous 207,592 Total Revenues 13,442,672 Expenditures Current General Government 3,752,982 Library - Parks and Recreation - Public Safety 3,812,134 Community Development 407,537 Public Works 2,045,049 Capital Outlay - Debt Service Principal Retirement - Interest and Fiscal Charges - Total Expenditures 10,017,702 Excess (Deficiency) of Revenues Over (Under) Expenditures 3,424,970 Other Financing Sources (Uses) Disposal of Capital Assets - Debt Issuance - Premium on Debt Issuance - Discount on Debt Issuance - Payment to Escrow Agent - Transfers In 2,479 Transfers Out (3,790,688) (3,788,209) Net Change in Fund Balances (363,239) Fund Balances - Beginning 4,223,820 Fund Balances - Ending 3,860,581 General The notes to the financial statements are an integral part of this statement. 11 Parks and Countryside Library Recreation TIF Nonmajor Totals 1,389,302 - 2,043 389,312 11,362,609 22,914 - - 794,803 2,944,807 53,650 - - 171,977 393,746 10,707 299,478 - 684,319 2,169,670 9,680 - - 8,253 191,887 - 4,582 - 334,073 338,655 1,401 385 107 4,203 14,895 7,992 219,970 - 302,139 737,693 1,495,646 524,415 2,150 2,689,079 18,153,962 - - 1,805,459 127,100 5,685,541 737,191 - - - 737,191 - 1,574,761 - 69,304 1,644,065 - - - 22,521 3,834,655 - - - - 407,537 - - - 162,708 2,207,757 - - - 2,050,456 2,050,456 590,000 - 185,000 324,223 1,099,223 322,790 - 161,116 157,767 641,673 1,649,981 1,574,761 2,151,575 2,914,079 18,308,098 (154,335)(1,050,346)(2,149,425)(225,000)(154,136) - - - 16,325 16,325 6,625,000 - 1,235,000 193,963 8,053,963 124,882 - - - 124,882 - - (9,773)- (9,773) (6,605,374)- (1,182,224)- (7,787,598) 45,948 1,765,504 - 1,067,604 2,881,535 - (489,043)- (228,067)(4,507,798) 190,456 1,276,461 43,003 1,049,825 (1,228,464) 36,121 226,115 (2,106,422)824,825 (1,382,600) 461,825 320,370 1,572,335 1,468,472 8,046,822 497,946 546,485 (534,087)2,293,297 6,664,222 Special Revenue The notes to the financial statements are an integral part of this statement. 12 UNITED CITY OF YORKVILLE, ILLINOIS Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Fiscal Year Ended April 30, 2014 Net Change in Fund Balances - Total Governmental Funds $(1,382,600) Amounts reported for governmental activities in the Statement of Activities are different because: Governmental funds report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. Capital Outlays 3,222,535 Depreciation Expense (1,929,614) The issuance of long-term debt provides current financial resources to governmental funds, while the repayment of the principal on long-term debt consumes the current financial resources of the governmental funds. Loss on Refunding 197,291 Issuance of Notes Payable (193,963) Issuance of General Obligation Bonda (7,860,000) Additions to Compensated Absences Payable (55,390) Deductions to Net Pension Obligation Payable 26,838 Deductions to Net Other Post-Employment Benefit Obligation Payable 1,621 Retirement of Debt 8,474,223 Changes to accrued interest on long-term debt in the Statement of Activities does not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental funds.43,352 Changes in Net Position of Governmental Activities 544,293 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position - Proprietary Funds April 30, 2014 See Following Page The notes to the financial statements are an integral part of this statements. 13 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position - Proprietary Funds April 30, 2014 Nonmajor Recreation Water Center Totals Current Assets Cash and Investments $2,713,492 1,010,725 - 3,724,217 Receivables - Net of Allowances Property Taxes - 5,235 - 5,235 Accounts 178,600 476,133 - 654,733 Prepaids 12,188 31,062 - 43,250 Total Current Assets 2,904,280 1,523,155 - 4,427,435 Noncurrent Assets Capital Assets Nondepreciable 105,724 1,650,376 - 1,756,100 Depreciable 29,294,610 40,954,753 - 70,249,363 Accumulated Depreciation (3,069,802)(9,126,691)- (12,196,493) 26,330,532 33,478,438 - 59,808,970 Other Assets Assets Held for Others 11,091,000 - - 11,091,000 Total Noncurrent Assets 37,421,532 33,478,438 - 70,899,970 Total Assets 40,325,812 35,001,593 - 75,327,405 Unamortized Loss on Refunding 35,250 287,906 - 323,156 Total Assets and Deferred Outflows of Resources 40,361,062 35,289,499 - 75,650,561 Business-Type Activities - Enterprise Sewer ASSETS DEFERRED OUTFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statements. 14 Nonmajor Recreation Water Center Totals Current Liabilities Accounts Payable 7,481 144,899 - 152,380 Deposits Payable 9,000 - - 9,000 Accrued Payroll 8,630 20,225 - 28,855 Accrued Interest Payable 194,851 144,759 - 339,610 Other Payables - 1,873 - 1,873 Current Portion of Long-Term Debt 1,451,078 734,844 - 2,185,922 Total Current Liabilities 1,671,040 1,046,600 - 2,717,640 Noncurrent Liabilities Compensated Absences Payable 10,890 30,476 - 41,366 IEPA Loans Payable 451,577 1,242,927 - 1,694,504 General Obligation Bonds Payable 11,500,000 4,180,000 - 15,680,000 Debt Certificates Payable 1,055,000 4,810,000 - 5,865,000 Other Liabilities 1,038,117 881,792 - 1,919,909 Total Noncurrent Liabilities 14,055,584 11,145,195 - 25,200,779 Total Liabilities 15,726,624 12,191,795 - 27,918,419 Net Investment in Capital Assets 11,910,850 22,806,192 - 34,717,042 Unrestricted 12,723,588 291,512 - 13,015,100 Total Net Position 24,634,438 23,097,704 - 47,732,142 NET POSITION LIABILITIES Sewer Business-Type Activities - Enterprise The notes to the financial statements are an integral part of this statement. 15 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenses and Changes in Net Position - Proprietary Funds For the Fiscal Year Ended April 30, 2014 Nonmajor Recreation Water Center Totals Operating Revenues Charges for Services $1,104,154 2,275,300 44,891 3,424,345 Operating Expenses Operations 377,433 1,318,347 232,882 1,928,662 Depreciation and Amortization 536,899 891,617 - 1,428,516 Total Operating Expenses 914,332 2,209,964 232,882 3,357,178 Operating Income (Loss)189,822 65,336 (187,991)67,167 Nonoperating Revenues (Expenses) Interest Income 9,260 2,231 - 11,491 Connection Fees 26,800 119,194 - 145,994 Other Income 111,839 70,372 572 182,783 Interest Expense (680,934)(500,547)- (1,181,481) (533,035)(308,750)572 (841,213) Income (Loss) Before Contributions and Transfers (343,213)(243,414)(187,419)(774,046) Capital Contributions 1,050,164 608,484 - 1,658,648 Transfers In 1,137,220 82,988 489,043 1,709,251 Transfers Out (82,988)- - (82,988) Change in Net Position 1,761,183 448,058 301,624 2,510,865 Net Position - Beginning 22,873,255 22,649,646 (301,624)45,221,277 Net Position - Ending 24,634,438 23,097,704 - 47,732,142 Business-Type Activities - Enterprise Sewer The notes to the financial statement are an integral part of this statement. 16 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Cash Flows - Proprietary Funds For the Fiscal Year Ended April 30, 2014 Nonmajor Recreation Water Center Totals Cash Flows from Operating Activities Receipts from Customers and Users $1,302,916 2,515,995 64,913 3,883,824 Payments to Employees (163,373)(347,118)(18,775)(529,266) Payments to Suppliers (300,149)(861,880)(535,181)(1,697,210) 839,394 1,306,997 (489,043)1,657,348 Cash Flows from Noncapital Financing Activities Transfers In (Out)1,054,232 82,988 489,043 1,626,263 Change in Interfund 568,315 - - 568,315 1,622,547 82,988 489,043 2,194,578 Cash Flows from Capital and Related Financing Activities Purchase of Capital Assets (74,274)(282,398)- (356,672) Debt Repayment (1,310,952)(704,961)- (2,015,913) Interest Payments (680,934)(500,547)- (1,181,481) (2,066,160)(1,487,906)- (3,554,066) Cash Flows from Investing Activities Interest Received 9,260 2,231 - 11,491 Net Change in Cash and Cash Equivalents 405,041 (95,690)- 309,351 Cash and Cash Equivalents - Beginning 2,308,451 1,106,415 - 3,414,866 Cash and Cash Equivalents - Ending 2,713,492 1,010,725 - 3,724,217 Reconciliation of Operating Income to Net Cash Provided (Used) by Operating Activities Operating Income (Loss)189,822 65,336 (187,991)67,167 Adjustments to Reconcile Operating Income to Net Income to Net Cash Provided by (Used in) Operating Activities: Depreciation and Amortization Expense 536,899 891,617 - 1,428,516 Connection Fees/Other Income 138,639 189,566 572 328,777 (Increase) Decrease in Current Assets 60,123 51,129 19,450 130,702 Increase (Decrease) in Current Liabilities (86,089)109,349 (321,074)(297,814) Net Cash Provided by Operating Activities 839,394 1,306,997 (489,043)1,657,348 Noncash Activity - Capital Contributions 1,050,164 608,484 - 1,658,648 Business-Type Activities - Enterprise Sewer The notes to the financial statement are an integral part of this statement. 17 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position - Fiduciary Funds April 30, 2014 Agency Cash and Cash Equivalents $243,936 458,122 Investments U.S. Government and Agency Securities 2,436,562 - Mutual Funds 1,048,861 - Corporate Bonds 386,236 - Common Stocks 1,551,597 - Receivables - Net of Allowances - 600,670 Accrued Interest 24,927 - Total Assets 5,692,119 1,058,792 Accounts Payable 1,636 - Other Liabilities - 1,058,792 Due to Other Funds 12 - Total Liabilities 1,648 1,058,792 Held in Trust for Pension Benefits 5,690,471 - NET POSITION Trust Pension Police ASSETS LIABILITIES The notes to the financial statement are an integral part of this statement. 18 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Changes in Net Position - Fiduciary Fund For the Fiscal Year Ended April 30, 2014 Additions Contributions - Employer $524,120 Contributions - Plan Members 193,600 Total Contributions 717,720 Investment Income Interest Earned 126,678 Net Change in Fair Value 237,512 364,190 Less Investment Expenses (17,392) Net Investment Income 346,798 Total Additions 1,064,518 Deductions Administration 12,947 Benefits and Refunds 412,539 Total Deductions 425,486 Change in Net Position 639,032 Net Position Held in Trust for Pension Benefits Net Position - Beginning 5,051,439 Net Position - Ending 5,690,471 Police Trust Pension UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 19 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The United City of Yorkville (City) is an Illinois unit of local government. The financial statements include all functions, programs and activities under control of the City Council. The City’s major operations include public safety, public works, library, parks and recreation, community development, water and sewer services, and general administration. The City Council has oversight responsibility for the City, the Public Library and the Park and Recreation Board. Oversight responsibility includes designation of management and all other control over operations of these entities. The government-wide financial statements are prepared in accordance with generally accepted accounting principles (GAAP). The Governmental Accounting Standards Board (GASB) is responsible for establishing GAAP for state and local governments through its pronouncements (Statements and Interpretations). The more significant of the City’s accounting policies established in GAAP and used by the City are described below. REPORTING ENTITY The City’s financial reporting entity comprises the following: Primary Government: United City of Yorkville In determining the financial reporting entity, the City complies with the provisions of GASB Statement No. 61, “The Financial Reporting Omnibus – an Amendment of GASB Statements No. 14 and No. 34,” and includes all component units that have a significant operational or financial relationship with the City. Based upon the criteria set forth in the GASB Statement No. 61, there are no component units included in the reporting entity. Police Pension Employees Retirement System The City’s police employees participate in the Police Pension Employees Retirement System (PPERS). PPERS functions for the benefit of these employees and is governed by a five-member pension board. Two members appointed by the City’s Mayor, one elected pension beneficiary and two elected police employees constitute the pension board. The participants are required to contribute a percentage of salary as established by state statute and the City is obligated to fund all remaining PPERS costs based upon actuarial valuations. The State of Illinois is authorized to establish benefit levels and the City is authorized to approve the actuarial assumptions used in the determination of contribution levels. Although it is legally separate from the City, the PPERS is reported as if it were part of the primary City because its sole purpose is to provide retirement benefits for the City’s police employees. The PPERS is reported as a pension trust fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 20 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION Government-Wide Statements The City’s basic financial statements include both government-wide (reporting the City as a whole) and fund financial statements (reporting the City’s major funds). Both the government-wide and fund financial statements categorize primary activities as either governmental or business-type. The City’s public safety, highway and street maintenance and reconstruction, building code enforcement, public improvements, economic development, parks and recreation, planning and zoning, and general administrative services are classified as governmental activities. The City’s sewer, water, and recreation center services are classified as business-type activities. In the government-wide Statement of Net Position, both the governmental and business-type activities columns are: (a) presented on a consolidated basis by column, and (b) reported on a full accrual, economic resource basis, which recognizes all long-term assets/deferred outflows and receivables as well as long-term debt/deferred inflows and obligations. The City’s net position is reported in three parts: net investment in capital assets; restricted; and unrestricted. The City first utilizes restricted resources to finance qualifying activities. The government-wide Statement of Activities reports both the gross and net cost of each of the City’s functions and business-type activities (general government, public safety, highways and streets, etc.). The functions are supported by general government revenues (property, sales and use taxes, certain intergovernmental revenues, fines, permits and charges for services, etc.). The Statement of Activities reduces gross expenses (including depreciation) by related program revenues, which include 1) changes to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. The net costs (by function or business-type activity) are normally covered by general revenue (property, sales and use taxes, certain intergovernmental revenues, permits and charges for services, etc.). This government-wide focus is more on the sustainability of the City as an entity and the change in the City’s net position resulting from the current year’s activities. Fund Financial Statements The financial transactions of the City are reported in individual funds in the fund financial statements. Each fund is accounted for by providing a separate set of self-balancing accounts that comprise its assets/deferred outflows, liabilities/deferred inflows, fund equity, revenues and expenditures/expenses. Funds are organized into three major categories: governmental, proprietary, and fiduciary. The emphasis in fund financial statements is on the major funds in either the governmental or business-type activities categories. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 21 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION – Continued Fund Financial Statements – Continued Nonmajor funds by category are summarized into a single column. GASB Statement No. 34 sets forth minimum criteria (percentage of the assets/deferred outflows, liabilities/deferred inflows, revenues or expenditures/expenses of either fund category or the governmental and enterprise combined) for the determination of major funds. The City electively added funds, as major funds, which either have debt outstanding or a specific community focus. The nonmajor funds are combined in a column in the fund financial statements. A fund is considered major if it is the primary operating fund of the City or meets the following criteria: Total assets/deferred outflows, liabilities/deferred inflows, revenues, or expenditures/expenses of that individual governmental or enterprise fund are at least 10 percent of the corresponding total for all funds of that category or type; and Total assets/deferred outflows, liabilities/deferred inflows, revenues, or expenditures/expenses of the individual governmental fund or enterprise fund are at least 5 percent of the corresponding total for all governmental and enterprise funds combined. The various funds are reported by generic classification within the financial statements. The following fund types are used by the City: Governmental Funds The focus of the governmental funds’ measurement (in the fund statements) is upon determination of financial position and changes in financial position (sources, uses, and balances of financial resources) rather than upon net income. The following is a description of the governmental funds of the City: General fund is the general operating fund of the City. It is used to account for all financial resources except those required to be accounted for in another fund. The General Fund is a major fund. Special revenue funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. The City maintains eight special revenue funds. The Library Fund, a major fund, is used to account for the activity relating to the Yorkville Public Library. The Parks and Recreation Fund, also a major fund, is used to account for the revenues and expenditures associated with Yorkville’s Parks and Recreation departments. The Countryside TIF Fund, also a major fund, is used to account for the accumulation of monies for the payment of the 2005 General Obligation Bond Series and 2014 Refunding Bonds Series. These bonds were issued to finance retail development at Countryside Center. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 22 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION – Continued Fund Financial Statements – Continued Governmental Funds – Continued Debt service funds are used to account for the accumulation of funds for the periodic payment of principal and interest on general long-term debt. The City maintains one debt service fund. Capital projects funds are used to account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by business-type/proprietary funds). The City maintains six capital projects funds. Proprietary Funds The focus of proprietary fund measurement is upon determination of operating income, changes in net position, financial position, and cash flows. The generally accepted accounting principles applicable are those similar to businesses in the private sector. The following is a description of the proprietary funds of the City: Enterprise funds are required to account for operations for which a fee is charged to external users for goods or services and the activity is (a) financed with debt that is solely secured by a pledge of the net revenues, (b) has third party requirements that the cost of providing services, including capital costs, be recovered with fees and charges, or (c) establishes fees and charges based on a pricing policy designed to recover similar costs. The City maintains three enterprise funds. The Sewer Fund, a major fund, is used to account for the operation and sewer infrastructure maintenance of the City-owned sewer system, as well as the construction of new sewer systems within City limits. Revenues are generated through a user maintenance fee. The Water Fund, also a major fund, is used to account for the operation and water infrastructure maintenance of the City-owned water distribution system, as well as the construction of new water systems. Revenues are generated through charges based on water consumption and user maintenance fees. Fiduciary Funds Fiduciary funds are used to report assets held in a trustee or agency capacity by the City for others and therefore are not available to support City programs. The reporting focus is on net position and changes in net position and is reported using accounting principles similar to proprietary funds. Pension trust funds are used to account for assets held in a trustee capacity by the City for pension benefit payments. The Police Pension Fund accounts for the accumulation of resources to pay pension costs. Resources are contributed by police force members at rates fixed by state statutes and by the government through an annual property tax levy. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 23 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION – Continued Fund Financial Statements – Continued Fiduciary Funds – Continued Agency funds are used to account for assets held by the City in a purely custodial capacity. The Developer Deposit Fund is used to account for developer deposits that are used to reimburse the City for all expenses incurred as a result of processing developer applications and requests. The Escrow Deposit Fund is used to account for various funds collected on behalf of other governmental agencies. The City’s fiduciary funds are presented in the fiduciary fund financial statements by type (pension trust and agency). Since by definition these assets are being held for the benefit of a third party (other local governments, private parties, pension participants, etc.) and cannot be used to address activities or obligations of the City, these funds are not incorporated into the government-wide statements. MEASUREMENT FOCUS AND BASIS OF ACCOUNTING Measurement focus is a term used to describe “which” transactions are recorded within the various financial statements. Basis of accounting refers to “when” transactions are recorded regardless of the measurement focus applied. Measurement Focus On the government-wide Statement of Net Position and the Statement of Activities, both governmental and business-type activities are presented using the economic resources measurement focus as defined below. In the fund financial statements, the “current financial resources” measurement focus or the “economic resources” measurement focus is used as appropriate. All governmental funds utilize a “current financial resources” measurement focus. Only current financial assets/deferred outflows and liabilities/deferred inflows are generally included on their balance sheets. Their operating statements present sources and uses of available spendable financial resources during a given period. These funds use fund balance as their measure of available spendable financial resources at the end of the period. All proprietary and pension trust funds utilize an “economic resources” measurement focus. The accounting objectives of this measurement focus are the determination of operating income, changes in net position (or cost recovery), financial position, and cash flows. All assets/deferred outflows and liabilities/deferred inflows (whether current or noncurrent) associated with their activities are reported. Proprietary and pension trust fund equity is classified as net position. Agency funds are not involved in the measurement of results of operations; therefore, measurement focus is not applicable to them. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 24 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued MEASUREMENT FOCUS AND BASIS OF ACCOUNTING – Continued Basis of Accounting In the government-wide Statement of Net Position and Statement of Activities, both governmental and business-type activities are presented using the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability/deferred inflow is incurred or economic asset used. Revenues, expenses, gains, losses, assets/deferred outflows, and liabilities/deferred inflows resulting from exchange and exchange-like transactions are recognized when the exchange takes place. In the fund financial statements, governmental funds are presented on the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when “measurable and available.” Measurable means knowing or being able to reasonably estimate the amount. Available means collectible within the current period or within sixty days after year-end. The City recognizes property taxes when they become both measurable and available in accordance with GASB Codification Section P70. A sixty day availability is generally used for revenue recognition for all other governmental fund revenues. Income tax will exceed the sixty day recognition period due to the State of Illinois and the long delay with releasing these funds. Expenditures (including capital outlay) are recorded when the related fund liability is incurred, except for general obligation bond principal and interest which are recognized when due. In applying the susceptible to accrual concept under the modified accrual basis, those revenues susceptible to accrual are property taxes, state and utility taxes, franchise taxes, interest revenue, and charges for services. All other revenues are not susceptible to accrual because generally they are not measurable until received in cash. All proprietary, pension trust and agency funds utilize the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability is incurred or economic asset used. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the City’s enterprise funds are charges to customers for sales and services. Operating expenses for enterprise funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 25 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY Cash and Investments Cash and cash equivalents on the Statement of Net Position are considered to be cash on hand, demand deposits, and cash with fiscal agent. For the purpose of the proprietary funds “Statement of Cash Flows,” cash and cash equivalents are considered to be cash on hand, demand deposits, cash with fiscal agent, and all highly liquid investments with an original maturity of three months or less. Investments are reported at fair value. Short-term investments are reported at cost, which approximates fair value. Securities traded on national exchanges are valued at the last reported sales price. Investments that do not have any established market, if any, are reported at estimated fair value. Interfund Receivables, Payables and Activity Interfund activity is reported as loans, services provided, reimbursements or transfers. Loans are reported as interfund receivables and payables as appropriate and are subject to elimination upon consolidation. All other interfund transactions are treated as transfers. Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as “internal balances.” Receivables In the government-wide financial statements, receivables consist of all revenues earned at year-end and not yet received. Major receivables balances for governmental activities include property taxes, state and utility taxes, franchise taxes, and grants. Business-type activities report utility charges as their major receivables. Prepaids Prepaids are valued at cost, which approximates market. The cost of governmental fund-type prepaids are recorded as expenditures when consumed rather than when purchased. Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaids in both the government-wide and fund financial statements. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 26 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Capital Assets Capital assets purchased or acquired with an original cost of $5,000 to $75,000 (see below chart) or more are reported at historical cost or estimated historical cost. Contributed assets are reported at estimated fair market value as of the date received. Additions, improvements and other capital outlays that significantly extend the useful life of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. General capital assets are long-lived assets of the City as a whole. Infrastructure such as streets, traffic signals and signs are capitalized. In the case of the initial capitalization of general infrastructure assets (i.e., those reported by the governmental activities) the government chose to include all such items regardless of their acquisition date. The valuation basis for general capital assets are historical cost, or where historical cost is not available, estimated historical cost based on replacement costs. Capital assets in the proprietary funds are capitalized in the fund in which they are utilized. The valuation bases for proprietary fund capital assets are the same as those used for the general capital assets. Donated capital assets are capitalized at estimated fair market value on the date donated. Depreciation on all assets is computed and recorded using the straight-line method of depreciation over the following estimated useful lives: Estimated Useful Capital Asset Life Land $25,000 N/A Land Improvements 25,000 N/A Buildings 35,000 10 - 50 Years Building Improvements 25,000 10 - 20 Years Machinery and Equipment 5,000 5 - 75 Years Vehicles 5,000 5 - 15 Years Software 25,000 2 - 5 Years Infrastructure - Street and Storm Sewer 50,000 10 - 75 Years Infrastructure - Water and Sewer 75,000 10 - 75 Years Capitalized Threshold UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 27 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Compensated Absences The City accrues accumulated unpaid vacation and associated employee-related costs when earned (or estimated to be earned) by the employee. In accordance with GASB Statement No. 16, no liability is recorded for nonvesting accumulation rights to receive sick pay benefits. However, a liability is recognized for that portion of accumulated sick leave that is estimated to be taken as “terminal leave” prior to retirement. All vacation pay is accrued when incurred in the government-wide and proprietary fund financial statements. A liability for these amounts is reported in the governmental funds only if they have matured, for example, as a result of employee resignations and retirements. Assets Held for Others In June of 2004, the City entered into an intergovernmental agreement with Yorkville-Bristol Sanitary District for design and construction of the Rob Roy Creek Interceptor. At the date of completion, the Yorkville-Bristrol Sanitary District owns and maintains the Interceptor. All costs associated with the construction of the infrastructure asset are recorded as Assets Held for Others in the City’s financial statements. As of April 30, 2014, the balance of this project was $11,091,000 reported in the Sewer Fund. In connection with this project, the City issued General Obligation Alternate Revenue Source Bonds of 2005D in the fiscal year 2006 for $11,300,000, which were refunded in 2008 and again in 2011. At April 30, 2014, the outstanding balance of the 2011 refunding bonds is $10,490,000. See Note 3 for more information on this long-term debt issue. Long-Term Obligations In the government-wide financial statements, and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the effective interest method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are reported as expenses at the time of issuance. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 28 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Net Position In the government-wide financial statements, equity is classified as net position and displayed in three components: Net investment in capital assets – Consists of capital assets including restricted capital assets, net of accumulated depreciation and reduced by the outstanding balances of any bonds, mortgages, notes or other borrowings that are attributable to the acquisition, construction, or improvement of those assets. Restricted – Consists of net position with constraints placed on the use either by (1) external groups such as creditors, grantors, contributors, or laws or regulations of other governments; or (2) law through constitutional provisions or enabling legislations. Unrestricted – All other net position balances that do not meet the definition of “restricted” or “net investment in capital assets.” NOTE 2 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY BUDGETARY INFORMATION Budgets are adopted on a basis consistent with generally accepted accounting principles. Annual budgets are adopted for all funds. All annual appropriations lapse at fiscal year end. During the year, several supplementary appropriations were necessary. The City follows these procedures in establishing the budgetary data reflected in the financial statements: • Prior to May 1, the Mayor submits to the City Council the proposed budget for the fiscal year commencing the following May 1. The operating budget includes proposed expenditures and the means of financing them. • Public hearings are conducted at the City offices to obtain taxpayer comments. • Prior to May 1, the budget is legally adopted by a vote of the City Council through passage of an ordinance. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 29 NOTE 2 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY – Continued BUDGETARY INFORMATION – Continued • The budget officer is authorized to transfer budgeted amounts between departments within any fund; however, any revisions that alter the total expenditures of any fund must be approved by the City Council. EXCESS OF ACTUAL EXPENDITURES OVER BUDGET IN INDIVIDUAL FUNDS The following funds had an excess of actual expenditures over budget for the fiscal year. Fund Library $70,130 Countryside TIF 40,042 Excess The Library Fund was over budget due to the issuance of the General Obligation Library Refunding Bonds of 2013 and refunding of the General Obligation Library Bonds of 2005B. The Countryside TIF was over budget due to the issuance of the General Obligation Refunding Alternate Revenue Source Bonds of 2014 and refunding of the General Obligation Alternate Revenue Source Bonds of 2005. DEFICIT FUND EQUITY The Countryside TIF Fund had a deficit fund equity of $534,087, as of April 30, 2014. NOTE 3 – DETAIL NOTES ON ALL FUNDS DEPOSITS AND INVESTMENTS The City maintains a cash and investment pool that is available for use by all funds except the pension trust fund. Each fund type's portion of this pool is displayed on the financial statements as "cash and investments.” In addition, investments are separately held by several of the City's funds. The deposits and investments of the pension trust fund are held separately from those of other funds. Permitted Deposits and Investments – Statutes authorize the City to make deposits/invest in commercial banks, savings and loan institutions, obligations of the U.S. Treasury and U.S. Agencies, obligations of States and their political subdivisions, credit union shares, repurchase agreements, commercial paper rated within the three highest classifications by at least two standard rating services, Illinois Funds and the Illinois Metropolitan Investment Fund (IMET). UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 30 NOTE 3 – DETAIL NOTES ON ALL FUNDS DEPOSITS AND INVESTMENTS – Continued The deposits and investments of the Pension Fund are held separately from those of other City funds. Statutes authorize the Pension Fund to make deposits/invest in interest bearing direct obligations of the United States of America; obligations that are fully guaranteed or insured as to the payment of principal and interest by the United States of America; bonds, notes, debentures, or similar obligations of agencies of the United States of America; savings accounts or certificates of deposit issued by banks or savings and loan associations chartered by the United States of America or by the State of Illinois, to the extent that the deposits are insured by the agencies or instrumentalities of the federal government; State of Illinois Bonds; pooled accounts managed by the Illinois Public Treasurer, or by banks, their subsidiaries or holding companies, in accordance with the laws of the State of Illinois; bonds or tax anticipation warrants of any county, township, or municipal corporation of the State of Illinois direct obligations of the State of Israel; money market mutual funds managed by investment companies that are registered under the federal Investment Company Act of 1940 and the Illinois Securities Law of 1953 and are diversified, open-ended management investment companies, provided the portfolio is limited to specified restrictions; general accounts of life insurance companies and separate accounts of life insurance companies provided the investment in separate accounts does not exceed ten percent of the pension fund’s net position. Pension funds of at least 5 million that have appointed an investment advisor may, through that investment advisor, invest up to forty-five percent of the plan’s net position in common and preferred stocks that meet specific restrictions. Illinois Funds and IMET are investment pools managed by the Illinois public Treasurer’s Office which allows governments within the State to pool their funds for investment purposes. Although not registered with the SEC, Illinois Funds and IMET operate in a manner consistent with Rule 2a7 of the Investment Company Act of 1940. Investments in Illinois Funds and IMET are valued at the share price, the price for which the investment could be sold. City Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk Deposits. At year-end, the carrying amount of the City’s deposits for governmental and business-type activities totaled $1,668,550 and the bank balances totaled $1,737,364. Additionally, the City has $885,504 invested in the Illinois Fund and $7,166,418 invested in IMET at year-end. Interest Rate Risk. Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of an investment. The City’s investment policy states that a variety of financial instruments and maturities, properly balanced, will help to insure liquidity and reduce risk or interest rate volatility and loss of principal. The policy does not state specific limits in investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. At year-end, the City’s investment in the Illinois Funds and IMET have an average maturity of less than one year. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 31 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued DEPOSITS AND INVESTMENTS – Continued City Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk – Continued Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in management of their own affairs, no for speculation, but for investment, considering the safety of their capital, as well as the probable income to be derived. The standard of prudence to be used by investment officials shall be the ‘prudent person’ standard and shall be applied in the context of managing an overall portfolio. At year-end, the City’s investment in the Illinois Funds is rated AAAm by Standard & Poor’s and the City’s investment in the IMET Convenience Fund is rated AAAf by Standard and Poor’s. Custodial Credit Risk. In the case of deposits, this is the risk that in the event of a bank failure, the City’s deposits may not be returned to it. The City’s investment policy requires that all amounts in excess of any insurance limits be collateralized by approved securities or surety bonds issued by top- rated insurers, having a value of at least 110% of the deposits. Collateral is required as security whenever deposits exceed the insurance limits of the FDIC. Repurchase agreements must also be collateralized in the amount of 105% of the market value of principal and accrued interest. Collateral shall be held at an independent, third party institution in the name of the City. The third party institution shall comply with all qualifications and requirements asset forth in the Illinois Complied Statutes 30 ILCS 235/6. At year end, all deposits are collateralized. For an investment, this is the risk that in the event of the failure of the counterparty, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. At year-end, the City’s investment in the Illinois Fund and IMET are noncategorizable. Concentration Risk. This is the risk of loss attributed to the magnitude of the City’s investment in a single issuer. The City’s investment policy states that a variety of financial instruments and maturities, properly balanced, will help to insure liquidity and reduce risk or interest rate volatility and loss of principal. Diversifying instruments and maturities will avoid incurring unreasonable risks in the investment portfolio regarding specific security types, issuers or individual financial institutions. The City shall diversify to the best of its ability based on the type of funds invested and the cash flow needs of those funds. The City places no limit on the amount the City may invest in any one issuer. At year- end, the City’s investment in Illinois Funds and in IMET represent more than 5 percent of the total cash and investment portfolio. Police Pension Fund Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk Deposits. At year-end, the carrying amount of the Fund’s deposits totaled $243,936 and the bank balances totaled $243,936. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 32 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued DEPOSITS AND INVESTMENTS – Continued Police Pension Fund Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk – Continued Investments. At year-end, the Fund has the following investments and maturities: Less Than More Than Investment Type 1 1 to 5 6 to 10 10 U.S. Treasuries $1,374,088 369,378 718,713 285,997 - U.S. Agencies 1,062,474 121,675 625,949 254,355 60,495 Corporate Bonds 386,236 - 45,135 341,101 - 2,822,798 491,053 1,389,797 881,453 60,495 Investment Maturities (in Years) Fair Value Interest Rate Risk. The Fund’s investment policy states that the investment portfolio shall remain sufficiently liquid to enable the Fund to meet all operating requirements which may be reasonable anticipated. Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The Fund helps limit its exposure to credit risk by primarily investing in securities issued by the United States Government and/or its agencies that are implicitly guaranteed by the United States Government. The Pension Fund’s investment policy establishes criteria for allowable investments; those criteria follow the requirements of the Illinois Pension Code. The investments in the securities of U.S. Government Agencies obligations were all rated triple A by Standard & Poor’s or by Moody’s Investors Services. Besides investing in securities issued by agencies of the United States Government, the Pension Fund’s investment policy for reducing credit risk is by the Board conducting its responsibilities with the care, skill and caution under the circumstances then prevailing which a prudent person acting in a like capacity and familiar with those matters would use the conduct of an activity of like character or purpose. Custodial Credit Risk. The Fund’s investment policy requires all deposits in excess of federally insured limits (other than bank managed money market mutual funds) to be no less than 110% of the fair market value and secured by some form of collateral. The Fund will accept (1) United States Treasury Bills, Notes or Bonds, or (2) United States Government Agency Notes or Bonds as authorized by the Public Funds Investment Act but excluding the government sponsored agencies prohibited by the DOI. At year-end, the entire amount of the bank balance of deposits was covered by collateral, federal depository or equivalent insurance. Concentration Risk. This is the risk of loss attributed to the magnitude of the Pension Fund’s investment in a single issuer. The Funds investment policy states the Board should diversify investments to avoid incurring unreasonable risks from the practice of concentrating investments in specific security types and/or individual financial institutions. In addition to the securities and fair values previously listed, the Fund also has $1,048,861 invested in mutual funds and $1,551,597 invested in common stocks. At year-end, the Fund has over 5 percent of net plan position available for retirement benefits (other than U.S. Government guaranteed obligations) invested in Cohen & Steers Mutual Funds ($357,849). UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 33 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued PROPERTY TAXES Property taxes for 2013 attach as an enforceable lien on January 1, 2014, on property values assessed as of the same date. Taxes are levied by December of the subsequent fiscal year (by passage of a Tax Levy Ordinance). Tax bills are prepared by the County and are payable in two installments, on or about June 1 and September 1. The County collects such taxes and remits them periodically. CAPITAL ASSETS Governmental Activities Governmental capital asset activity for the year was as follows: Ending Increases Decreases Balances Nondepreciable Capital Assets Land $30,266,179 - - 30,266,179 Construction in Progress 754,251 1,907,884 100,045 2,562,090 31,020,430 1,907,884 100,045 32,828,269 Depreciable Capital Assets Buildings 14,573,556 - - 14,573,556 Equipment 6,253,852 148,700 - 6,402,552 Vehicles 2,425,099 93,648 43,224 2,475,523 Infrastructure 43,276,212 1,172,348 - 44,448,560 66,528,719 1,414,696 43,224 67,900,191 Less Accumulated Depreciation Buildings 2,669,649 291,471 - 2,961,120 Equipment 3,707,429 429,399 - 4,136,828 Vehicles 2,312,619 57,878 43,224 2,327,273 Infrastructure 13,016,113 1,150,866 - 14,166,979 21,705,810 1,929,614 43,224 23,592,200 Total Net Depreciable Capital Assets 44,822,909 (514,918)- 44,307,991 Total Net Capital Assets 75,843,339 1,392,966 100,045 77,136,260 Beginning Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 34 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued CAPITAL ASSETS – Continued Governmental Activities – Continued Depreciation expense was charged to governmental activities as follows: General Government $69,644 Library 180,940 Parks and Recreation 385,458 Public Safety 66,881 Public Works 1,226,691 1,929,614 Business-Type Activities Business-type capital asset activity for the year was as follows: Ending Increases Decreases Balances Nondepreciable Capital Assets Land $615,376 - - 615,376 Construction in Progress 941,851 198,873 - 1,140,724 1,557,227 198,873 - 1,756,100 Depreciable Capital Assets Equipment 18,891,299 7,500 - 18,898,799 Infrastructure 49,541,617 1,808,947 - 51,350,564 68,432,916 1,816,447 - 70,249,363 Less Accumulated Depreciation Equipment 5,219,966 433,353 - 5,653,319 Infrastructure 5,620,080 923,094 - 6,543,174 10,840,046 1,356,447 - 12,196,493 Total Net Depreciable Capital Assets 57,592,870 460,000 - 58,052,870 Total Net Capital Assets 59,150,097 658,873 - 59,808,970 Beginning Balances Depreciation expense was charged to business-type activities as follows: Sewer $531,028 Water 825,419 1,356,447 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 35 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS Interfund Balances The composition of interfund balances as of the date of this report, is as follows: Receivable Fund Payable Fund Amount General Countryside TIF $533,384 General Police Pension 12 533,396 The purposes of the significant interfund receivables/payables are as follows: • $533,384 due from the Countryside TIF Fund to the General Fund representing cash borrowings which occurred during the year. Interfund Transfers Interfund transfers for the year consisted of the following: Transfers In Transfers Out Amount General Nonmajor Governmental $2,479 Library General 45,948 Parks and Recreation General 1,765,504 Nonmajor Governmental General 842,016 Nonmajor Governmental Nonmajor Governmental 225,588 Sewer General 1,137,220 Water Sewer 82,988 Nonmajor Business-Type Parks and Recreation 489,043 4,590,786 The purpose of significant interfund transfers are as follows: • $1,765,504 to the Parks and Recreation Fund to subsidize operations. • $1,137,220 to the Sewer Fund to fund debt service payments on the 2011 Refunding Bonds sourced from Non-Home Rule Sales Taxes. • $571,615 to the Municipal Building Fund to eliminate negative fund balance and close the Fund. • $489,043 to the Recreation Center Fund to eliminate negative net position and close the Fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 36 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT Notes Payable The City enters into notes payable to provide funds for acquisition of capital assets. Notes payable have been issued for the governmental activities. Notes payable are direct obligations and pledge the full faith and credit of the City. Notes payable currently outstanding are as follows: Fund Debt Ending Issue Retired by Issuances Retirements Balances Public Works Capital $817,751 - 34,223 783,528 Citywide Capital 37,850 193,963 75,000 156,813 855,601 193,963 109,223 940,341 Beginning Balances Betzwiser Development,LLC Adjustable Rate Note Payable of 2008,due in monthly installments of $6,086,which includes an annualized interest rate of 4.43% through October 1, 2028. Kendall County River Road Bridge Loan Payable of 2013,payable in annual installments equal to one- sixth of the amount borrowed through October 31, 2018. Illinois Environmental Protection Agency (IEPA) Loans Payable The City has entered into loan agreements with the IEPA to provide low interest financing for sewer and water improvements. IEPA loans currently outstanding are as follows: Fund Debt Ending Issue Retired by Issuances Retirements Balances Sewer $635,884 - 90,952 544,932 IEPA (L17-115300)Loan Payable of 2000,due in semi-annual installments of $37,166 to $52,832 including interest at 2.625% through September 6, 2019. Beginning Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 37 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Illinois Environmental Protection Agency (IEPA) Loans Payable – Continued Fund Debt Ending Issue Retired by Issuances Retirements Balances Water $1,425,113 - 89,961 1,335,152 2,060,997 - 180,913 1,880,084 IEPA (L17-1156300) Loan Payable of 2007,due in semi-annual installments of $28,263 to $61,744 including interest at 2.50%through August 9, 2026. Beginning Balances General Obligation Bonds The City issues general obligation bonds to provide funds for the acquisition and construction of major capital facilities. General obligation bonds have been issued for both governmental and business-type activities. General obligation bonds issued for business-type activities are reported in the proprietary funds as they are expected to be repaid from proprietary revenues. General obligation bonds are direct obligations and pledge the full faith and credit of the City. General obligation bonds currently outstanding are as follows: Fund Debt Ending Issue Retired by Issuances Retirements Balances Sewer $2,350,000 - 280,000 2,070,000 Beginning General Obligation Alternate Revenue Source Bonds of 2004B, due in annual installments of $120,000 to $455,000 plus interest at 2.50%to 4.00%through December 30, 2018. Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 38 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued General Obligation Bonds – Continued Fund Debt Ending Issue Retired by Issuances Retirements Balances Countryside 1,050,000 * TIF $2,835,000 - 185,000 1,600,000 Debt Service 2,705,000 - 215,000 2,490,000 6,325,000 * Library 6,660,000 - 335,000 - Water 1,465,000 - 95,000 1,370,000 Library 825,000 - 100,000 725,000 General Obligation Alternate Revenue Source Bonds of 2005, due in annual installments of $165,000 to $300,000 plus interest at 3.50%to 4.35%through December 1, 2024. General Obligation Alternate Revenue Source Bonds of 2005C, due in annual installments of $35,000 to $150,000 plus interest at 3.50%to 5.50%through December 30, 2024. General Obligation Library Bonds of 2005B, due in annual installments of $25,000 to $760,000 plus interest at 4.00%to 4.75%through December 30, 2024. General Obligation Alternate Revenue Source Bonds of 2005A, due in annual installments of $30,000 to $335,000 plus interest at 4.00%to 4.375%through December 30, 2022. Beginning Balances General Obligation Library Bonds of 2006,due in annual installments of $50,000 to $100,000 plus interest at 4.75%to 4.80%through December 30, 2024. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 39 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued General Obligation Bonds – Continued Fund Debt Ending Issue Retired by Issuances Retirements Balances Water $2,940,000 - 15,000 2,925,000 Sewer 11,150,000 - 660,000 10,490,000 Library - 6,625,000 155,000 6,470,000 Countryside TIF - 1,235,000 - 1,235,000 30,930,000 7,860,000 9,415,000 29,375,000 Beginning Balances General Obligation Refunding Alternate Revenue Source Bonds of 2014,due in annual installments of $230,000 to $270,000 plus interest at 4.00%to 4.30%through December 1, 2029. General Obligation Refunding Alternate Revenue Source Bonds of 2007A,due in annual installments of $10,000 to $750,000 plus interest at 4.00%to 4.25% through December 30, 2022. General Obligation Refunding Alternate Revenue Source Bonds of 2011,due in annual installments of $660,000 to $1,100,000 plus interest at 4.280%through December 30, 2025. General Obligation Library Refunding Bonds of 2013,due in annual installments of $155,000 to $730,000 plus interest at 2.00%to 4.00% through December 30, 2024. * Refunded UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 40 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Debt Certificates The City issues debt certificates to provide funds for the acquisition and construction of major capital facilities. Debt certificates have been issued for both governmental and business-type activities. Debt Certificates issued for business-type activities are reported in the proprietary funds as they are expected to be repaid from proprietary revenues. Debt certificates currently outstanding are as follows: Fund Debt Ending Issue Retired by Issuances Retirements Balances Sewer $1,260,000 - 100,000 1,160,000 Water 800,000 - 100,000 700,000 Sewer 370,000 - 180,000 190,000 Water 5,035,000 - 405,000 4,630,000 7,465,000 - 785,000 6,680,000 Debt Certificates of 2003,due in annual installments of $100,000 to $300,000 plus interest at 3.80%to 5.00% through December 15, 2018. Debt Certificates of 2004A,due in annual installments of $135,000 to $190,000 plus interest at 1.40%to 3.60% through December 30, 2014. Beginning Balances Refunding Debt Certificates of 2006A,due in annual installments of $5,000 to $850,000 plus interest at 4.00%to 4.20%through December 30, 2022. Illinois Rural Bond Bank Debt Certificates of 2003,due in annual installments of $80,000 to $155,000 plus interest at 1.60%to 5.20% through February 1, 2023. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 41 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Other Obligations Other Obligations currently outstanding are as follows: Fund Debt Ending Issue Retired by Issuances Retirements Balances Governmental Activities $1,890 - - 1,890 Conover Sewer Recapture owed to John Conover as reimbursement for sewer extension,due in one lump sum payment of $1,890 in fiscal year 2023. Beginning Balances Long-Term Liability Activity Changes in long-term liabilities during the fiscal year were as follows: Amounts Ending Due within Additions Deductions Balances One Year Governmental Activities Compensated Absences $305,550 110,781 55,391 360,940 72,188 Net Pension Obligation 653,423 - 26,838 626,585 - Net Other Post-Employment Benefit Obligation 7,927 - 1,621 6,306 - Notes Payable 855,601 193,963 109,223 940,341 114,112 General Obligation Bonds 13,025,000 7,860,000 8,365,000 12,520,000 730,000 Other Obligations 1,890 - - 1,890 - 14,849,391 8,164,744 8,558,073 14,456,062 916,300 Beginning Type of Debt Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 42 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Long-Term Liability Activity – Continued Amounts Ending Due within Additions Deductions Balances One Year Business-Type Activities Compensated Absences $43,957 15,502 7,751 51,708 10,342 IEPA Loans Payable 2,060,997 - 180,913 1,880,084 185,580 General Obligation Bonds 17,905,000 - 1,050,000 16,855,000 1,175,000 Debt Certificates 7,465,000 - 785,000 6,680,000 815,000 Developer Agreements 1,952,534 81,975 114,600 1,919,909 - 29,427,488 97,477 2,138,264 27,386,701 2,185,922 Beginning Type of Debt Balances For the governmental activities, the compensated absences, the net pension obligation, and the net other post-employment benefit obligation are generally liquidated by the General Fund. The Vehicle and Equipment Fund makes payment on the notes payable. General obligation bonds are being liquidated by the Library, Countryside TIF and Debt Service Funds. For the business-type activities, the Sewer, Water, and Recreation Center Funds liquidate compensated absences. The Sewer and Water Funds are making payments on the IEPA loans payable, general obligation bonds, debt certificates and developer agreements. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 43 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Debt Service Requirements to Maturity The annual debt service requirements to maturity, including principal and interest, are as follows: Interest Interest $39,112 33,922 730,000 444,755 40,880 32,154 770,000 429,210 42,728 30,306 800,000 407,736 44,660 28,374 830,000 385,359 46,679 26,355 890,000 361,405 48,790 24,245 1,160,000 334,905 50,995 22,039 1,230,000 292,788 53,301 19,733 1,300,000 247,510 55,711 17,324 1,360,000 199,676 58,229 14,805 1,085,000 142,771 60,862 12,172 1,130,000 97,765 63,614 9,421 230,000 50,715 66,490 6,545 235,000 41,515 69,496 3,539 245,000 32,115 41,981 622 255,000 22,193 - - 270,000 11,610 Total 783,528 281,556 12,520,000 3,502,028 * - No final repayment schedule available for the River Road Bridge Loan 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2029 2028 2030 2027 2015 Year General Obligation Bonds Principal Notes Payable* Principal Governmental Activities Fiscal UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 44 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Debt Service Requirements to Maturity – Continued Interest Interest Interest $185,580 46,501 1,175,000 717,520 815,000 283,244 190,365 41,714 1,230,000 670,448 645,000 250,926 195,275 36,805 1,280,000 621,190 675,000 224,412 200,313 31,767 1,340,000 567,868 695,000 196,398 205,480 26,601 1,400,000 512,046 925,000 167,088 157,255 21,300 1,645,000 453,740 985,000 127,674 107,049 17,981 1,710,000 382,074 990,000 85,156 109,742 15,288 1,780,000 307,508 540,000 42,316 112,503 12,527 1,850,000 229,894 410,000 18,580 115,334 9,697 1,150,000 151,106 - - 118,235 6,795 1,195,000 100,056 - - 121,209 3,821 1,100,000 47,080 - - 61,744 772 - - - - Total 1,880,084 271,569 16,855,000 4,760,530 6,680,000 1,395,794 2027 2021 2022 2023 2024 2025 2026 2016 2017 2018 2019 2020 Year Principal Principal Principal 2015 IEPA General Obligation Debt Loan Payable Bonds CertificatesFiscal Business-Type Activities Non-Commitment Debt Special service area bonds outstanding as of the date of this report totaled $76,842,000, Kendall Marketplace business district bonds totaled $6,665,000 and Kendall Marketplace sales tax bonds totaled $6,280,000. These bonds are not an obligation of the government and are secured by the levy of an annual tax on the real property within the special service area, business district taxes, and sales taxes, respectively. The government is in no way liable for repayment but is only acting as agent for the property owners in levying/assessing and collecting the tax, and forwarding the collections to bondholders. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 45 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Legal Debt Margin Chapter 65, Section 5/8-5-1 of the Illinois Compiled Statutes provides, “…no municipality having a population of less than 500,000 shall become indebted in any manner or for any purpose, to an amount, including existing indebtedness in the aggregate exceeding 8.625% on the value of the taxable property therein, to be ascertained by the last assessment for state and county purposes, previous to the incurring of the indebtedness or, until January 1, 1983, if greater, the sum that is produced by multiplying the municipality’s 1978 equalized assessed valuation by the debt limitation percentage in effect on January 1, 1979.” Assessed Valuation - 2013 $420,042,332 Legal Debt Limit - 8.625% of Assessed Value 36,228,651 Amount of Debt Applicable to Limit General Obligation Bonds 19,290,000 Legal Debt Margin 16,938,651 Bond Defeasances During the current year, the City issued $6,625,000 par value General Obligation Library Refunding Bonds of 2013 and $1,235,000 par value General Obligation Refunding Alternate Revenue Source Bonds of 2014 to fully refund $6,325,000 of the General Obligation Library Bonds of 2005B and partially refund $1,050,000 of the General Obligation Alternate Revenue Source Bonds of 2005. The City defeased bonds by placing the proceeds of the new bonds in an irrevocable trust to provide for all future debt service payment of the old bonds. Since the requirements that normally satisfy defeasance have been met, the financial statements reflect satisfaction of the original liability through the irrevocable transfer to an escrow agent of an amount computed to be adequate to meet the future debt service requirements of the issue. Accordingly, the trust account assets and the liability for the defeased bonds are not included in the government’s basic financial statements. Through this refunding, the City increased its total debt service by $291,733 and obtained an economic gain of $188,200. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 46 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued NET POSITION CLASSIFICATIONS Net investment in capital assets was comprised of the following as of April 30, 2014: Governmental Activities Capital Assets - Net of Accumulated Depreciation $77,136,260 Less Capital Related Debt: Notes Payable of 2008 (783,528) Loan Payable of 2013 (156,813) General Obligation Alternate Revenue Source Bonds of 2005 (1,600,000) General Obligation Alternate Revenue Source Bonds of 2005A (2,490,000) General Obligation Library Bonds of 2006 (725,000) General Obligation Library Refunding Bonds of 2013 (6,470,000) General Obligation Refunding Alternate Revenue Source Bonds of 2014 (1,235,000) Loss on Refunding 197,291 Net Investment in Capital Assets 63,873,210 Business-Type Activities Capital Assets - Net of Accumulated Depreciation 59,808,970 Less Capital Related Debt: IEPA (L17-115300) Loan Payable of 2000 (544,932) IEPA (L17-1156300) Loan Payable of 2007 (1,335,152) General Obligation Alternate Revenue Source Bonds of 2004B (2,070,000) General Obligation Alternate Revenue Source Bonds of 2005C (1,370,000) General Obligation Refunding ARS Bonds of 2007A (2,925,000) General Obligation Refunding ARS Bonds of 2011 (10,490,000) Illinois Rural Bond Bank Debt Certificates of 2003 (1,160,000) Debt Certificates of 2003 (700,000) Debt Certificates of 2004A (190,000) Refunding Debt Certificates of 2006A (4,630,000) Loss on Refunding 323,156 Net Investment in Capital Assets 34,717,042 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 47 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued FUND BALANCE CLASSIFICATIONS In the governmental funds financial statements, the City considers restricted amounts to have been spent when an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available. The City first utilizes committed, then assigned and then unassigned fund balance when an expenditure is incurred for purposes for which all three unrestricted fund balances are available. The following is a schedule of fund balance classifications for the governmental funds as of the date of this report: Parks and Countryside Library Recreation TIF Nonmajor Totals Fund Balances Nonspendable Prepaids $156,680 8,768 18,850 - 6,767 191,065 Restricted Library Operations - 489,178 - - - 489,178 Special Service Areas - - - - 13,708 13,708 Motor Fuel Tax - - - - 1,024,307 1,024,307 Land Cash - - - - 187,984 187,984 Tax Increment Financing Districts - - - - 230,911 230,911 Debt Service - - - - 5,319 5,319 - 489,178 - - 1,462,229 1,951,407 Committed Parks and Recreation Programs and Facility Improvements - - 527,635 - - 527,635 Assigned Capital Projects - - - - 824,301 824,301 Unassigned 3,703,901 - - (534,087)- 3,169,814 Total Fund Balances 3,860,581 497,946 546,485 (534,087)2,293,297 6,664,222 General Special Revenue Assigned Fund Balance. The City reports assigned fund balance in the Vehicle and Equipment (nonmajor), Police Capital (nonmajor), Public Works Capital (nonmajor), Parks and Recreation Capital (nonmajor) and in the Citywide Capital (nonmajor) Funds. The City Administrator, under authority granted in the City’s fund balance policy, has assigned these three funds to future library, police, public works and parks and recreation improvement projects and equipment and vehicle purchases based on approved Council/management expenditures as determined through the annual budget process. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 48 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued FUND BALANCE CLASSIFICATIONS – Continued Committed Fund Balance. The City reports committed fund balance in the Parks and Recreation Fund, a major fund. Formal City Council action, through the passage of an ordinance, is required to establish, modify or rescind a fund balance commitment. The City’s Council, through formal board action as part of the annual budget process, has committed these funds to future recreation programs, facilities and improvements. Minimum Fund Balance Policy. The City’s policy states that the General fund should maintain a minimum unrestricted fund balance of no less than 30% of the annual appropriations budget. NOTE 4 – OTHER INFORMATION RISK MANAGEMENT The City is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; natural disasters; and injuries to the City’s employees. The City has purchased insurance from private insurance companies. Risks covered included certain types of liabilities and bonds. Premiums have been displayed as expenditures/expenses in appropriate funds. There were no significant changes in insurance coverages from the prior year and settlements did not exceed insurance coverage in any of the past three fiscal years. CONTINGENT LIABILITIES Litigation The City is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently determinable, in the opinion of the City's attorney, the resolution of these matters will not have a material adverse effect on the financial condition of the City. Grants Amounts received or receivable from grantor agencies are subject to audit and adjustment by grantor agencies, principally the federal government. Any disallowed claims, including amounts already collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures which may be disallowed by the grantor cannot be determined at this time although the City expects such amounts, if any, to be immaterial. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 49 NOTE 4 – OTHER INFORMATION – Continued COMMITTMENTS Agreements with Developers – Governmental Activities Under a Development/Economic Initiative Agreement entered into in March of 2000, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Route 34. Eligible costs of $2,074,833 and accrued interest at 5% are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of eighteen years. Through April 30, 2014, the City has reimbursed $1,879,186, including $158,375 in the current year. All payments have been recorded as an expenditure of the General Fund. Under a Development and Annexation Agreement entered into in July of 2000, amended in October of 2001, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Kennedy Road. Eligible costs of $8,639,334 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of ten years. Through April 30, 2014, the City has reimbursed $1,796,007, including $191,871 in the current year. All payments have been recorded as an expenditure of the General Fund. Under a Development/Economic Initiative Agreement entered into in June of 2002, the City agreed to reimburse eligible costs associated with a development located at Route 34 and Cannonball Trail. Eligible costs of $166,055 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of fifteen years. Through April 30, 2014, the City has reimbursed $155,585, including $30,212 in the current year. All payments have been recorded as an expenditure of the General Fund. Under an Annexation Agreement entered into in April of 2006, the City agreed to reimburse eligible costs associated with a development located at Route 47 between Base Line Road and Corneils Road. Eligible costs are to be reimbursed from 55% of City Admissions Taxes collected, limited to a period of ten years. Through April 30, 2014, the City has reimbursed $308,516, including $103,712 in the current year. All payments have been recorded as an expenditure of the General Fund. The agreement was amended in August of 2011 to rebate 100% of admissions tax received by the City from the developer for a period of ten years, and the admissions tax rate was decreased from 5% to 2.75%. The 100% rebate went into effect beginning with the 2013 fiscal year. Under a Development/Economic Initiative Agreement entered into in January of 2007, the City agreed to reimburse eligible costs associated with a development located at Route 47 and Corneils Road. Eligible costs of $287,392 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of twenty years. Through April 30, 2014, the City has reimbursed $23,404, including $0 in the current year. All payments have been recorded as an expenditure of the General Fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 50 NOTE 4 – OTHER INFORMATION – Continued COMMITTMENTS – Continued Agreements with Developers – Governmental Activities – Continued Under a Development Agreement entered into in June of 2007, the City agreed to create a business district in the area around Route 34 and Cannonball Trail. Under the agreement, 50% of sales tax and 100% of the business district tax generated in the district are remitted by the City to an escrow agent to pay the debt service on the Special Service Area Revenue Bonds of 2007. The bonds are secured solely by the pledged revenues and are not obligations of the City and are therefore not recorded on the City’s books. All payments have been recorded as an expenditure of the General Fund. Expenditures in the current year were $466,994 for sales taxes and $334,408 in business district taxes. In February of 2011, the City amended a Development/Economic Initiative Agreement dated April 2007. Under the original agreement, the City agreed to reimburse 20% of eligible costs associated with a development located at Route 47 and Fountainview Drive from 50% of the sales tax generated in the development, limited to a period of twenty years. Under the amended agreement, the City will hold the sales tax rebates in an escrow account until certain land improvements has been completed. Through April 30, 2014, the City is holding $5,497 in escrow. No reimbursements have yet been made. Under a Development/Economic Initiative Agreement entered into on December 22, 2011 the City agreed to reimburse eligible costs associated with a development located west of Route 47 and north of Cannonball Trail on Boombah Boulevard. Eligible costs of $287,392 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of ten years. Through April 30, 2014, the City has reimbursed $14,825, including $6,969 in the current year. All payments have been recorded as an expenditure of the General Fund. Under development agreements entered into in April 2012, the City agreed to reimburse eligible costs associated with a development located at within the Downtown TIF district. Eligible costs are to be reimbursed from 85% of the incremental property tax and 100% of the business district tax generated in the development, through December 31, 2029. Through April 30, 2014, the City has reimbursed $12,315 in incremental property taxes and $9,458 in business district taxes. All payments have been recorded as an expenditure in the Downtown TIF Fund. Under a Development/Economic Initiative Agreement entered into on September 18, 2012 the City agreed to reimburse eligible costs associated with a development located at 704 East Veterans Parkway. Eligible costs of $30,740 are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of ten years. Through April 30, 2014, the City has reimbursed $5,166, including $4,480 in the current year. All payments have been recorded as an expenditure of the General Fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 51 NOTE 4 – OTHER INFORMATION – Continued COMMITTMENTS – Continued Agreements with Developers – Governmental Activities – Continued Under a development agreement entered into in May 2013, the City agreed to reimburse eligible costs associated with a development located at Route 34 and Route 47 in the Countryside TIF district. Eligible costs are to be reimbursed from 50% of the amusement tax and 100% of the business district tax generated in the development, limited to a period of 10 years. Through April 30, 2014, the City has reimbursed $22,130 in amusement taxes and $2,043 in business district taxes. Amusement tax rebate expenditures have been recorded in the General Fund and Business District rebate expenditures have been recorded in the Countryside TIF Fund. Agreements with Developers – Business-Type Activities Under an agreement entered into in the fiscal year ending April 2003, the City and developer of the Windett Ridge subdivision agreed upon an advance of up to $170,000 for sanitary sewer system improvements. The City is required to repay the advance to the developer within a ten year period of receipt of the loan. Under an amendment to the agreement signed in fiscal year ending April 2005, the City and the developer agreed to reduce the balance by the amount of outstanding lot fees due the City. Per the amendment, the new loan amount is $114,600 which is due to the developer by October 21, 2013. In the current year, the City and the developer reached a settlement agreement. The amount owed by the City was waived. The outstanding balance of the loan is $0 at April 30, 2014. The $114,600 forgiveness revenue was recorded in the Sewer Fund. Under an agreement entered into in December of 2002, the City and developer of the Raintree Village subdivision agreed to reimburse the costs of sanitary sewer over-sizing within the development. The amount of eligible expenses to be reimbursed by the City totals $1,154,718, of which $932,309 has been paid through April 30, 2014. The remaining balance, $224,155, is subject to interest based on the twelve month LIBOR. Annual sewer charges assessed on the residents of the subdivision are earmarked to repay this obligation. The related sanitary sewer infrastructure was accepted by the City as an asset in December of 2007. This amount is recorded in the Sewer Fund. Under a reimbursement agreement entered into in August of 2003, the City and the developer of the Fox Hill subdivision agreed to reimburse eligible costs associated with the construction and over-sizing of water and sewer infrastructure lines within the area. Eligible costs are to be paid to the developer within twenty years of the agreement. This agreement was amended in April 2006 to include additional costs. Total eligible costs remain as of April 30, 2014 are $807,847, which accrues compounded interest of 5% annually. Interest for a portion of eligible costs was computed back to January 1, 1995. Total interest to date is $737,759. The amount recorded as a liability, including interest, as of April 30, 2014 is $1,695,754. 52% of this amount is recorded in the Water Fund. The remaining 48% of this amount is recorded in the Sewer Fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 52 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS The City contributes to two defined benefit pension plans, the Illinois Municipal Retirement Fund, a defined benefit agent multiple-employer public employee retirement system and the Police Pension Plan which is a single-employer pension plan. A separate report is issued for the Police Pension Plan and may be obtained by writing to the City at 800 Game Farm Road, Yorkville, Illinois 60560. IMRF does issue a publicly available financial report that includes financial statements and required supplementary information for the plan as a whole, but not by individual employer. That report may be obtained on-line at www.imrf.org. The benefit, benefit levels, employee contributions, and employer contributions are governed by Illinois Compiled Statutes and can only be amended by the Illinois General Assembly. Plan Descriptions, Provisions and Funding Policies Illinois Municipal Retirement System (IMRF) All employees (other than those covered by the Police Pension plan) hired in positions that meet or exceed the prescribed annual hourly standard must be enrolled in IMRF as participating members. Participating members hired before January 1, 2011 who retire at or after age 60 with 8 years of service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1-2/3 percent of their final rate (average of the highest 48 consecutive months' earnings during the last 10 years) of earnings, for each year of credited service up to 15 years, and 2 percent for each year thereafter. The monthly pension of a member hired before January 1, 2011, shall be increased annually by 3% of the original pension. Employees with at least 8 years of credited service may retire at or after age 55 and receive a reduced benefit. For participating members hired on or after January 1, 2011 who retire at or after age 67 with 10 years of service are entitled to an annual retirement benefit, payable monthly for life in an amount equal to 1- 2/3 percent of their final rate (average of the highest 96 consecutive months’ earnings during the last 10 years) of earnings, for each year of credited service, with a maximum salary cap of $106,800 at January 1, 2011. The maximum salary cap increases each year thereafter. The monthly pension of a member hired on or after January 1, 2011, shall be increased annually, following the later of the first anniversary date of retirement or the month following the attainment of age 62, by the lesser of 3% or ½ of the consumer price index. Employees with at least 10 years of credited service may retire at or after age 62 and receive a reduced benefit. IMRF also provides death and disability benefits. These benefit provisions and all other requirements are established by state statute. Employees participating in the plan are required to contribute 4.50 percent of their annual covered salary to IMRF. The employees’ contribution rate is established by state statute. The City is required to contribute the remaining amount necessary to fund the IMRF plan as specified by statute. For the calendar year 2013 the employer annual required contribution rate was 10.73 percent. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 53 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Plan Descriptions, Provisions and Funding Policies – Continued Police Pension Plan The Police Pension Plan is a single-employer defined benefit pension plan that covers all sworn police personnel. Although this is a single-employer pension plan, the defined benefits and employee and employer contribution levels are governed by Illinois State Statutes and may be amended only by the Illinois legislature. The City accounts for the plan as a pension trust fund. At April 30, 2013, the date of the most recent actuarial valuation, the Police Pension Plan membership consisted of: Retirees and Beneficiaries Currently Receiving Benefits and Terminated Employees Entitled to Benefits but not yet Receiving Them 7 Current Employees Vested 14 Nonvested 12 33 The following is a summary of the Police Pension Plan as provided for in Illinois State Statutes. The Police Pension Plan provides retirement benefits as well as death and disability benefits. Covered employees hired before January 1, 2011, attaining the age of 50 or more with 20 or more years of creditable service are entitled to receive an annual retirement benefit of ½ of the salary attached to the rank held on the last day of service, or for one year prior to the last day, whichever is greater. The pension shall be increased by 2.5% of such salary for each additional year of service over 20 years up to 30 years, to a maximum of 75% of such salary. Covered employees hired on or after January 1, 2011, attaining the age of 55 with at least 10 years creditable service are entitled to receive an annual retirement benefit of 2.5% of final average salary for each year of service, with a maximum salary cap of $106,800 as of January 1, 2011. The maximum salary cap increases each year thereafter. The monthly benefit of a police officer hired before January 1, 2011, who retired with 20 or more years of service after January 1, 1977 shall be increased annually, following the first anniversary date of retirement and be paid upon reaching the age of at least 55 years, by 3% of the original pension and 3% compounded annually thereafter. The monthly pension of a police officer hired on or after January 1, 2011, shall be increased annually, following the later of the first anniversary date of retirement or the month following the attainment of age 60, but the lesser of 3% or ½ of the consumer price index. Employees with at least 10 years but less than 20 years of creditable service may retire at or after age 60 and receive a reduced benefit. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 54 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Plan Descriptions, Provisions, and Funding Policies – Continued Police Pension Plan – Continued Covered employees are required to contribute 9.91% of their base salary to the Police Pension Plan. If an employee leaves covered employment with less than 20 years of service, accumulated employee contributions may be refunded without accumulated interest. The City is required to contribute the remaining amounts necessary to finance the plan, including administrative costs, as actuarially determined by an enrolled actuary. By the year 2040 the City's contributions must accumulate to the point where the past service cost for the Police Pension Plan is 90% funded. Summary of Significant Accounting Policies and Plan Asset Matters Basis of Accounting The financial statements are prepared using the accrual basis of accounting. Employee and employer contributions are recognized as revenues when due, pursuant to formal commitments, as well as statutory or contractual requirements. Benefits and refunds are recognized when due and payable in accordance with the terms of the plan. Method Used to Value Investments Investments are reported at fair value. Short-term investments are reported at cost, which approximates fair value. Securities traded on national exchanges are valued at the last reported sales price. Investments that do not have any established market, if any, are reported at estimated fair value. Significant Investments At year-end, the Police Pension Fund has over 5 percent of net position available for retirement benefits (other than U.S. Government guaranteed obligations) invested in Cohen & Steers Mutual Funds ($357,849). Information for IMRF is not available. Related Party Transactions There are no securities of the employer or any other related parties included in net position. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 55 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Annual Pension Cost and Net Pension Obligation There was no net pension obligation for the IMRF plan. The net pension obligation for the Police Pension Plan is as follows: Police Pension Annual Required Contribution $513,459 Interest on Net Pension Obligation 47,706 Adjustment to Annual Required Contribution (63,883) Annual Pension Cost 497,282 Actual Contribution 524,120 Change in NPO (26,838) NPO - Beginning of Year 653,423 NPO - End of Year 626,585 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 56 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Annual Pension Cost and Net Pension Obligation – Continued The City’s annual pension cost for the current year and related information for each plan is as follows: Police IMRF Pension Contribution Rates Employer 10.73%26.92% Employee 4.50%9.91% Actuarial Valuation Date 12/31/2013 4/30/2013 Actuarial Cost Method Entry Age Entry Age Normal Normal Amortization Method Level % of Level % of Projected Payroll Projected Payroll Open Basis Closed Basis Remaining Amortization Period 30 Years 28 Years Asset Valuation Method 5-Year Market Smoothed Market Actuarial Assumptions Investment Rate of Return 7.50%7.50% Compounded Compounded Annually Annually Projected Salary Increases .4 to 10.0%5.50% Inflation Rate Included 4.00%3.00% Cost-of-Living Adjustments 3.00%3.00% UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 57 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Trend Information Employer annual pension cost (APC), actual contributions and the net pension obligation (NPO) are as follows. The NPO is the cumulative difference between the APC and the contributions actually made. Fiscal Year Annual Pension Cost 2012 $253,636 $510,479 (APC)2013 251,608 543,686 2014 273,251 497,282 Actual Contributions 2012 253,304 360,356 2013 267,471 438,711 2014 273,251 524,120 Percentage of APC 2012 100.00%70.59% Contributed 2013 106.30%80.69% 2014 100.00%105.40% Net Pension Obligation 2012 15,863 548,448 2013 - 653,423 2014 - 626,585 IMRF Pension Police UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 58 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Funded Status and Funding Progress The City’s funded status for the current year and related information for each plan is as follows: Police IMRF Pension Actuarial Valuation Date 12/31/2013 4/30/2013 Percent Funded 89.02%43.18% Actuarial Accrued Liability for Benefits $5,786,259 $11,701,279 Actuarial Value of Assets $5,151,131 $5,052,201 Over (Under) Funded Actuarial Accrued Liability (UAAL)($635,128)($6,649,078) Covered Payroll (Annual Payroll of Active Employees Covered by the Plan)$2,546,606 $1,813,758 Ratio of UAAL to Covered Payroll 24.94%366.59% The schedule of funding progress, presented as Required Supplementary Information (RSI) following the notes to the financial statements, presents multiyear trend information about whether the actuarial value of plan assets are increasing or decreasing over time relative to the actuarial accrued liability for benefits. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 59 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS Plan Descriptions, Provisions, and Funding Policies In addition to providing the pension benefits described, the City offers post-employment health care insurance benefits (OPEB) for its eligible retired employees through a single employer defined benefit plan. The benefits, benefit levels, employee contributions and employer contributions are governed by the City and can be amended by the City through its personnel manual and union contracts. The plan is not accounted for as a trust fund, as an irrevocable trust has not been established to account for the plan. The plan does not issue a separate report. The activity of the plan is reported in the City’s General Fund. The City offers post-employment health care benefits to its retirees. To be eligible for benefits, an employee must qualify for retirement under one of the City’s retirement plans. Current elected officials are eligible if they were elected/appointed prior to April of 2013. All health care benefits are provided through the City’s health insurance plan. The benefit levels are the same as those afforded to active employees. Benefits include general inpatient and outpatient medical services; mental, nervous, and substance abuse care; vision care; dental care; and prescriptions. Upon a retiree reaching 65 years of age, Medicare becomes the primary insurer and the City’s plan becomes secondary. All retirees contribute 100% of the actuarially determined premium to the plan, with the exception of two previous employees for which the City has agreed to pay portions of their post-employment health, dental and vision insurance. For the fiscal year ending April 30, 2014, retirees contributed $66,981 to the plan. Active employees do not contribute to the post-employment health care plan until retirement. At April 30, 2014, membership consisted of: Retirees and Beneficiaries Currently Receiving Benefits and Terminated Employees Entitled to Benefits but not yet Receiving Them 8 Active Employees 75 Total 83 Participating Employers 1 The City does not currently have a funding policy. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 60 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS – Continued Annual OPEB Costs and Net OPEB Obligation The net OPEB obligation (NOPEBO) as of April 30, 2014, was calculated as follows: Annual Required Contribution $38,577 Interest on the Net OPEB Obligation 396 Adjustment to the ARC (265) Annual OPEB Cost 38,708 Actual Contribution 40,329 Decrease in the net OPEB Obligation (1,621) Net OPEB Obligation - Beginning of Year 7,927 Net OPEB Obligation - End of Year 6,306 Trend Information The City’s annual OPEB cost, actual contributions, the percentage of annual OPEB cost contributed and the net OPEB obligation are as follows: Percentage Fiscal of OPEB Year Cost Contributed 2012 $4,260 $1,814 42.58%$9,453 2013 36,520 38,046 104.18%7,927 2014 38,708 40,329 104.19%6,306 Actual Net Cost OPEB Annual Contributions Obligation OPEB Funded Status and Funding Progress Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality, and the healthcare cost contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future. The schedule of funding progress, presented as required supplementary information following the notes to the financial statements, presents multiyear trend information that shows whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liabilities for benefits. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 61 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS – Continued Funded Status and Funding Progress – Continued The funded status of the plan as of April 30, 2012, the date of the latest actuarial valuation, was as follows: Actuarial Accrued Liability (AAL)$566,488 Actuarial Value of Plan Assets - Unfunded Actuarial Accrued Liability (UAAL)$566,488 Funded Ratio (Actuarial Value of Plan Assets/AAL)0.00% Covered Payroll (Active Plan Members)$4,553,600 UAAL as a Percentage of Covered Payroll 12.44% Actuarial Methods and Assumptions Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. In the April 30, 2012 actuarial valuation the entry age actuarial cost method was used. The actuarial assumptions included a 5.0% investment rate of return (net of administrative expenses) and an annual healthcare cost trend rate of 8.0%, with an ultimate rate of 6.0%. Both rates include a 3.0% inflation assumption. The actuarial value of assets was not determined as the City has not advance funded its obligation. The plan’s unfunded actuarial accrued liability is being amortized as a level percentage of projected payroll on an open basis. The remaining amortization period at April 30, 2014, was 30 years. SUBSEQUENT EVENTS On July 22, 2014, the City issued $4,295,000 of General Obligation Alternate Revenue Source Bonds of 2014A. The bonds bear interest at a rate of 3.00% to 4.00% and are due in annual installments of $135,000 to $300,000 through December 1, 2033. On July 22, 2014, the City issued $2,300,000 of General Obligation Alternate Revenue Source Refunding Bonds of 2014B. The bonds bear interest at a rate of 2.00% to 3.00% and are due in annual installments of $255,000 to $320,000 through December 30, 2022. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2014 62 NOTE 4 – OTHER INFORMATION – Continued SUBSEQUENT EVENTS – Continued On July 22, 2014, the City issued $1,290,000 of General Obligation Alternate Revenue Source Refunding Bonds of 2014C. The bonds bear interest at a rate of 2.00% to 3.00% and are due in annual installments of $120,000 to $140,000 through December 30, 2024. . REQUIRED SUPPLEMENTARY INFORMATION Required supplementary information includes financial information and disclosures that are required by the GASB but are not considered a part of the basic financial statements. Such information includes: •Schedules of Funding Progress and Employer Contributions Illinois Municipal Retirement Fund Police Pension Fund Other Post-Employment Benefit Plan •Budgetary Comparison Schedules General Fund Library – Special Revenue Fund Parks and Recreation – Special Revenue Fund Countryside TIF – Special Revenue Fund Notes to the Required Supplementary Information Budgetary Information – Budgets are adopted on a basis consistent with generally accepted accounting principles. 63 UNITED CITY OF YORKVILLE, ILLINOIS Illinois Municipal Retirement Fund Required Supplementary Information Schedule of Funding Progress and Employer Contributions April 30, 2014 Funding Progress (6) Unfunded (Overfunded) Actuarial Accrued Liability as a Actuarial (3)Percentage Valuation Funded of Covered Date Ratio Payroll Dec. 31,(1) ÷ (2)(4) ÷ (5) 2008 $4,165,811 $4,949,634 84.16%$783,823 $3,694,367 21.22% 2009 4,322,149 5,008,192 86.30%686,043 3,638,986 18.85% 2010 4,671,071 5,408,655 86.36%737,584 3,235,515 22.80% 2011 4,416,393 5,169,646 85.43%753,253 2,663,554 28.28% 2012 4,215,113 5,247,562 80.33%1,032,449 2,518,404 41.00% 2013 5,151,131 5,786,259 89.02%635,128 2,546,606 24.94% Employer Contributions Fiscal Percent Year Contributed 2009 $287,422 $287,422 100.00% 2010 302,036 302,036 100.00% 2011 310,933 295,402 95.01% 2012 253,304 253,304 100.00% 2013 267,471 242,774 110.17% 2014 273,251 273,251 100.00% Value (2) - (1) of Plan Assets (AAL) - Entry Age Liability Covered Payroll (5) AnnualAccrued Liability (4) Unfunded (Overfunded) Actuarial (1) Actuarial (2) Actuarial Accrued Employer Contributions Annual Required Contribution 64 UNITED CITY OF YORKVILLE, ILLINOIS Police Pension Fund Required Supplementary Information Schedule of Funding Progress and Employer Contributions April 30, 2014 Funding Progress (6) Unfunded (Overfunded) Actuarial Accrued Liability as a Actuarial (3)Percentage Valuation Funded of Covered Date Ratio Payroll Apr. 30,(1) ÷ (2)(4) ÷ (5) 2008 $2,631,594 $7,382,023 35.65%$4,750,429 $1,789,042 265.53% 2009 2,759,119 8,272,076 33.35%5,512,957 1,926,125 286.22% 2010 3,643,355 9,509,795 38.31%5,866,440 1,819,957 322.34% 2011 4,216,855 10,393,520 40.57%6,176,665 1,890,046 326.80% 2012 4,481,601 10,463,737 42.83%5,982,136 1,694,445 353.04% 2013 5,052,201 11,701,279 43.18%6,649,078 1,813,758 366.59% Employer Contributions Fiscal Percent Year Contributed 2009 $297,328 $383,502 77.53% 2010 323,291 429,562 75.26% 2011 336,075 481,207 69.84% 2012 360,356 496,952 72.51% 2013 438,711 542,648 80.85% 2014 524,120 513,459 102.08% (4) (2)Unfunded (1)Actuarial (Overfunded) Actuarial Accrued Actuarial (5) Value Liability Accrued Annual of Plan (AAL)Liability Covered Assets - Entry Age (2) - (1)Payroll Annual Employer Required Contributions Contribution 65 UNITED CITY OF YORKVILLE, ILLINOIS Other Post-Employment Benefit Plan Required Supplementary Information Schedule of Funding Progress and Employer Contributions April 30, 2014 Funding Progress (6) Unfunded (Overfunded) Actuarial Accrued Liability as a Actuarial (3)Percentage Valuation Funded of Covered Date Ratio Payroll Apr. 30,(1) ÷ (2)(4) ÷ (5) 2009 $- $46,747 0.00%$46,747 $5,483,409 0.85% 2010 N/A N/A N/A N/A N/A N/A 2011 N/A N/A N/A N/A N/A N/A 2012 - 566,488 0.00%566,488 4,553,600 12.44% 2013 N/A N/A N/A N/A N/A N/A 2014 N/A N/A N/A N/A N/A N/A Employer Contributions Fiscal Percent Year Contributed 2009 $1,814 $4,159 43.62% 2010 1,814 4,145 43.76% 2011 1,814 4,145 43.76% 2012 1,814 4,144 43.77% 2013 38,046 36,363 104.63% 2014 40,329 38,577 104.54% The City implemented GASB Statement No. 45 for the fiscal year ended April 30, 2009, and had a subsequent actuarial valuation performed for the fiscal year ended April 30, 2012. Information for prior years is not available. The City is required to have an actuarial valuation performed triennially. Annual Employer Required Contributions Contribution Assets - Entry Age (2) - (1)Payroll Actuarial Accrued Actuarial (5) Value of Plan (AAL)Liability Annual (4) (2)Unfunded Covered (1)Actuarial (Overfunded) Liability Accrued 66 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes $9,359,104 9,359,104 9,581,952 Intergovernmental 1,998,200 1,998,200 2,127,090 Licenses, Permits and Fees 193,000 193,000 168,119 Charges for Services 1,181,235 1,181,235 1,175,166 Fines and Forfeitures 180,200 180,200 173,954 Interest 6,500 6,500 8,799 Miscellaneous 86,000 86,000 207,592 Total Revenues 13,004,239 13,004,239 13,442,672 Expenditures General Government 3,435,507 3,446,540 3,752,982 Public Safety 4,140,047 4,140,047 3,812,134 Community Development 412,328 412,328 407,537 Public Works 2,105,005 2,105,005 2,045,049 Total Expenditures 10,092,887 10,103,920 10,017,702 Excess (Deficiency) of Revenues Over (Under) Expenditures 2,911,352 2,900,319 3,424,970 Other Financing Sources (Uses) Transfers In 5,250 5,250 2,479 Transfers Out (3,798,673)(3,798,673)(3,790,688) (3,793,423)(3,793,423)(3,788,209) Net Change in Fund Balance (882,071)(893,104)(363,239) Fund Balance - Beginning 4,223,820 Fund Balance - Ending 3,860,581 Budget Original 67 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes $1,442,178 1,442,178 1,389,302 Intergovernmental 22,200 22,200 22,914 Licenses, Permits and Fees 20,000 20,000 53,650 Charges for Services 14,000 14,000 10,707 Fines and Forfeits 9,300 9,300 9,680 Interest 1,520 1,520 1,401 Miscellaneous 9,250 9,250 7,992 Total Revenues 1,518,448 1,518,448 1,495,646 Expenditures Library 809,464 809,464 737,191 Debt Service Principal Retirement 605,000 605,000 590,000 Interest and Fiscal Charges 165,387 165,387 322,790 Total Expenditures 1,579,851 1,579,851 1,649,981 Excess (Deficiency) of Revenues Over (Under) Expenditures (61,403)(61,403)(154,335) Other Financing Sources (Uses) Debt Issuance - - 6,625,000 Premium on Debt Issuance - - 124,882 Payment to Escrow Agent - - (6,605,374) Transfers In 52,174 52,174 45,948 52,174 52,174 190,456 Net Change in Fund Balance (9,229)(9,229)36,121 Fund Balance - Beginning 461,825 Fund Balance - Ending 497,946 Budget Original 68 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Charges for Services $240,000 240,000 299,478 Grants and Donations 5,000 5,000 4,582 Interest 200 200 385 Miscellaneous 218,000 218,000 219,970 Total Revenues 463,200 463,200 524,415 Expenditures Parks and Recreation Park Operations 813,165 813,165 818,636 Recreation Operations 828,926 828,926 756,125 Total Expenditures 1,642,091 1,642,091 1,574,761 Excess (Deficiency) of Revenues Over (Under) Expenditures (1,178,891)(1,178,891)(1,050,346) Other Financing Sources Transfers In 1,765,504 1,765,504 1,765,504 Transfers Out (556,957)(556,957)(489,043) 1,208,547 1,208,547 1,276,461 Net Change in Fund Balance 29,656 29,656 226,115 Fund Balance - Beginning 320,370 Fund Balance - Ending 546,485 Budget Original 69 UNITED CITY OF YORKVILLE, ILLINOIS Countryside TIF - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes Business District Taxes $- 5,000 2,043 Interest 1,550 1,550 107 Total Revenues 1,550 6,550 2,150 Expenditures General Government Administrative Fees 2,000 3,420 3,416 TIF Incentive Payout 1,800,000 1,800,000 1,800,000 Business District Rebate - 5,000 2,043 Debt Service Principal Retirement 185,000 185,000 185,000 Interest and Fiscal Charges 118,113 118,113 161,116 Total Expenditures 2,105,113 2,111,533 2,151,575 Excess (Deficiency) of Revenues Over (Under) Expenditures (2,103,563)(2,104,983)(2,149,425) Other Financing Sources (Uses) Debt Issuance - - 1,235,000 Discount on Debt Issuance - - (9,773) Payment to Escrow Agent - - (1,182,224) - - 43,003 Net Change in Fund Balance (2,103,563)(2,104,983)(2,106,422) Fund Balance - Beginning 1,572,335 Fund Balance - Ending (534,087) Budget Original . OTHER SUPPLEMENTARY INFORMATION Other supplementary information includes financial statements and schedules not required by the GASB, nor a part of the basic financial statements, but are presented for purposes of additional analysis. Such statements and schedules include: •Budgetary Comparison Schedules – Major Governmental Funds •Combining Statements – Nonmajor Governmental Funds •Budgetary Comparison Schedules – Nonmajor Governmental Funds •Budgetary Comparison Schedules – Enterprise Funds •Combining Statement of Changes in Assets and Liabilities – Agency Funds . MAJOR GOVERNMENTAL FUNDS GENERAL FUND The General Fund accounts for all financial resources except those required to be accounted for in another fund. SPECIAL REVENUE FUND Special Revenue Funds are created to account for the proceeds of specific revenue sources (other than fiduciary funds or capital project funds) that are legally restricted to expenditure for specified purposes. Library Fund The Library Fund is used to account for the activity relating to the Yorkville Public Library. Parks and Recreation Fund The Parks and Recreation Fund is used to account for the revenues and expenditures associated with the Yorkville’s Parks and Recreation departments. Countryside TIF Fund The Countryside TIF Fund is used to account for the accumulation of monies for the payment of the 2005 General Obligation Bond Series and 2014 General Obligation Refunding Bond Series. These bonds were issued to finance retail development at Countryside Center. 70 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Taxes Property Tax $2,850,154 2,850,154 2,725,879 Sales Tax 2,449,250 2,449,250 2,586,460 Non-Home Rule Sales Tax 1,800,000 1,800,000 1,986,566 Municipal Utility Tax 880,000 880,000 926,857 Cable TV Franchise Tax 230,000 230,000 232,206 Telecommunications Tax 520,200 520,200 474,179 Hotel Tax 50,000 50,000 65,605 Admissions and Amusement Tax 269,500 269,500 247,838 Auto Rental Tax 10,000 10,000 10,638 Business District Tax 300,000 300,000 325,724 9,359,104 9,359,104 9,581,952 Intergovernmental State Income Taxes 1,550,000 1,550,000 1,613,102 State Use Tax 250,000 250,000 296,298 Township Road and Bridge Tax 170,000 170,000 164,398 Video Gaming Tax - - 26,047 Personal Property Replacement Tax 15,000 15,000 16,672 Federal Grants 12,000 12,000 8,880 State Grants - - 266 Miscellaneous 1,200 1,200 1,427 1,998,200 1,998,200 2,127,090 Licenses, Permits and Fees Liquor Licenses 40,000 40,000 47,781 Other Licenses 3,000 3,000 4,156 Building Permits 150,000 150,000 116,182 193,000 193,000 168,119 Charges for Services Garbage Surcharge 1,043,500 1,043,500 1,024,317 Collection Fees - Sanitary District 137,235 137,235 150,249 Police Special Detail 500 500 600 1,181,235 1,181,235 1,175,166 Budget Original 71 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Revenues - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Fines and Forfeitures Circuit Court Fines $70,000 70,000 45,653 Administrative Adjudication 30,000 30,000 42,430 Police Tows 80,000 80,000 85,656 Other 200 200 215 180,200 180,200 173,954 Interest Investment Income 6,500 6,500 8,799 Miscellaneous Reimbursements Legal - - 2,629 Engineering - - 107,193 Traffic Signal 20,000 20,000 19,284 Liability Insurance 5,000 5,000 4,763 Cable Consortium 40,000 40,000 18,932 Other 10,000 10,000 35,456 Miscellaneous Income 11,000 11,000 19,335 86,000 86,000 207,592 Total Revenues 13,004,239 13,004,239 13,442,672 Budget Original 72 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual General Government Administration $796,354 807,387 728,145 Finance 341,395 341,395 327,689 Administrative Services 2,297,758 2,297,758 2,697,148 3,435,507 3,446,540 3,752,982 Public Safety Police Department 4,140,047 4,140,047 3,812,134 Community Development Building and Zoning 412,328 412,328 407,537 Public Works Streets Operations 932,505 932,505 915,254 Health and Sanitation 1,172,500 1,172,500 1,129,795 2,105,005 2,105,005 2,045,049 Total Expenditures 10,092,887 10,103,920 10,017,702 Budget Original 73 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual General Government Administration Salaries - Mayor $11,000 11,000 9,535 Salaries - Liquor Commissioner 1,000 1,000 1,000 Salaries - City Clerk 11,000 11,000 7,268 Salaries - City Treasurer 6,500 6,500 1,032 Salaries - Alderman 52,000 52,000 47,190 Salaries - Administrative 264,599 264,599 275,169 Part Time Salaries 22,000 22,000 22,646 Overtime 500 500 244 Retirement Plan Contribution 38,125 38,125 36,793 FICA Contribution 27,087 27,087 25,473 Group Health Insurance 172,949 172,949 145,927 Group Life Insurance 1,158 1,158 1,046 Dental and Vision Insurance 13,686 13,686 9,802 Training and Conference 3,000 3,000 4,624 Travel and Lodging 8,000 8,000 7,843 Publishing and Advertising 1,000 1,000 765 Printing and Duplicating 5,250 5,250 3,503 4th of July Contribution - 11,033 11,033 Telecommunications 20,000 20,000 13,143 Filing Fees 500 500 181 Codification 8,000 8,000 2,468 Postage and Shipping 14,000 14,000 2,225 Dues and Subscriptions 16,600 16,600 14,004 Professional Services 20,000 20,000 8,355 Kendall County Paratransit 30,000 30,000 23,550 Utilities 18,900 18,900 27,883 Rental and Lease Purchase 2,150 2,150 2,508 Office Cleaning 14,400 14,400 14,648 Office Supplies 12,000 12,000 8,287 Computer Equipment and Software 850 850 - Repair and Maintenance 100 100 - 796,354 807,387 728,145 Finance Salaries and Wages 189,024 189,024 193,692 Retirement Plan Contribution 20,742 20,742 21,792 FICA Contribution 14,166 14,166 14,483 Budget Original 74 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual General Government - Continued Finance - Continued Group Health Insurance $25,822 25,822 30,766 Group Life Insurance 357 357 332 Dental and Vision Insurance 3,484 3,484 3,073 Training and Conferences 2,000 2,000 1,462 Auditing Services 31,000 31,000 31,000 Travel and Lodging 2,000 2,000 72 Printing and Duplicating 1,750 1,750 1,123 Telecommunications 1,200 1,200 1,082 Postage and Shipping 750 750 509 Dues and Subscriptions 800 800 500 Professional Services 40,000 40,000 22,341 Rental and Lease Purchase 2,300 2,300 2,126 Outside Repair and Maintenance 750 750 - Office Supplies 2,500 2,500 2,626 Small Tools and Equipment 250 250 - Computer Equipment and Software 2,500 2,500 710 341,395 341,395 327,689 Administrative Services Police Special Detail Wages 500 500 600 Group Health Insurance - Retirees 44,723 44,723 35,091 Dental and Vision Insurance - Retirees 1,493 1,493 1,221 Kencom 26,000 26,000 25,295 Unemployment Insurance 45,000 45,000 5,241 Liability Insurance 261,302 261,302 246,339 Excise Tax Rebate - - 42,787 Amusement Tax Rebate 25,000 25,000 22,130 Hotel Tax Rebate 45,000 45,000 59,045 City Property Tax Rebate 1,500 1,500 1,368 Sales Tax Rebate 832,240 832,240 861,234 Business District Rebate 300,000 300,000 325,724 Admission Tax Rebate 104,500 104,500 103,720 Bad Debt 5,000 5,000 1,516 Professional Services 500 500 - Special Counsel 25,000 25,000 2,872 Litigation Counsel 60,000 60,000 147,253 Corporate Counsel 110,000 110,000 89,253 Budget Original 75 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual General Government - Continued Administrative Services - Continued Information Technology Services $90,000 90,000 38,867 Engineering Services 180,000 180,000 597,697 Cable Consortium Fee 85,000 85,000 76,508 Reimbursable Repairs 5,000 5,000 1,711 Contingencies 50,000 50,000 11,676 2,297,758 2,297,758 2,697,148 Total General Government 3,435,507 3,446,540 3,752,982 Public Safety Police Department Salaries - Police Officers 1,393,000 1,393,000 1,307,670 Salaries - Chief and Deputies 299,674 299,674 295,668 Salaries - Sergeants 435,746 435,746 426,849 Salaries - Police Clerks 122,627 122,627 116,872 Salaries - Crossing Guard 20,000 20,000 21,950 Part Time Salaries 52,500 52,500 57,253 Overtime 111,000 111,000 95,061 Retirement Plan Contribution 13,590 13,590 12,938 FICA Contribution 182,664 182,664 171,085 Employer Contribution - Police Pension 562,000 562,000 524,120 Group Health Insurance 537,969 537,969 462,711 Group Life Insurance 3,498 3,498 3,050 Dental and Vision Insurance 43,159 43,159 34,413 Tuition Reimbursement 2,800 2,800 - Police Commission 16,500 16,500 4,590 Training and Conference 13,000 13,000 12,935 Travel and Lodging 10,000 10,000 3,963 Publishing and Advertising 200 200 517 Printing and Duplicating 4,500 4,500 2,370 Telecommunications 36,500 36,500 24,048 Postage and Shipping 3,000 3,000 1,218 Dues and Subscriptions 1,350 1,350 4,315 Professional Services 8,000 8,000 11,249 Legal Services 10,000 10,000 - Adjudication Services 20,000 20,000 16,132 New World Live Scan 15,000 15,000 12,434 Original Budget 76 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Public Safety - Continued Police Department - Continued Kendall Co. - Juve Probation $4,000 4,000 3,118 MDT - Alerts Fee 7,000 7,000 6,660 Rental and Lease Purchase 6,500 6,500 6,384 Outside Repair and Maintenance 51,000 51,000 39,976 Wearing Apparel 16,000 16,000 18,424 Office Supplies 4,500 4,500 2,495 Operating Supplies 8,000 8,000 5,168 Computer Equipment and Software 7,000 7,000 7,792 Repair and Maintenance 12,250 12,250 1,479 Community Relations 7,370 7,370 7,311 Supplies - Grant Reimbursement 4,200 4,200 8,009 Gasoline 90,950 90,950 78,917 Ammunition 3,000 3,000 2,990 Total Public Safety 4,140,047 4,140,047 3,812,134 Community Development Building and Zoning Salaries and Wages 195,666 195,666 218,261 Part Time Salaries 30,000 30,000 11,575 Retirement Plan Contribution 21,685 21,685 24,323 FICA Contribution 16,953 16,953 16,823 Group Health Insurance 50,430 50,430 59,831 Group Life Insurance 325 325 359 Dental and Vision Insurance 3,984 3,984 3,415 Training and Conference 2,000 2,000 1,213 Travel and Lodging 1,500 1,500 281 Publishing and Advertising 500 500 1,371 Printing and Duplicating 4,250 4,250 1,400 Telecommunications 3,000 3,000 2,198 Postage and Shipping 1,000 1,000 906 Inspections 10,000 10,000 680 Dues and Subscriptions 2,000 2,000 1,943 Professional Services 6,000 6,000 5,030 Legal Services 2,000 2,000 485 Rental and Lease Purchase 2,700 2,700 2,601 Economic Development 46,800 46,800 46,800 Budget Original 77 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Community Development - Continued Building and Zoning - Continued Office Supplies $500 500 440 Operating Supplies 3,000 3,000 2,991 Small Tools and Equipment 125 125 40 Computer Equipment and Software 3,500 3,500 1,321 Books and Publications 500 500 366 Gasoline 3,910 3,910 2,884 Total Community Development 412,328 412,328 407,537 Public Works Streets Operations Salaries and Wages 312,962 312,962 305,901 Overtime 15,000 15,000 22,224 Retirement Plan Contribution 36,347 36,347 36,445 FICA Contribution 24,510 24,510 24,235 Group Health Insurance 94,362 94,362 94,536 Group Life Insurance 635 635 543 Dental and Vision Insurance 7,834 7,834 6,688 Training and Conference 2,000 2,000 - Vehicle & Equipment Chargeback 144,650 144,650 144,650 Traffic Signal Maintenance 20,000 20,000 8,390 Telecommunications 3,000 3,000 2,520 Property and Building Maintenance Services 22,500 22,500 23,836 Mosquito Control 8,000 8,000 6,865 Tree and Stump Removal 20,000 20,000 20,000 Professional Services 1,000 1,000 2,052 Utilities 94,500 94,500 67,815 Rental and Lease Purchase 1,100 1,100 984 Vehicle Maintenance Services 20,000 20,000 53,541 Wearing Apparel 4,200 4,200 3,263 Operating Supplies 9,975 9,975 10,378 Vehicle Maintenance Supplies 20,000 20,000 20,578 Small Tools and Equipment 1,750 1,750 1,006 Repair and Maintenance 20,000 20,000 21,235 Property and Building Maintenance Supplies 22,500 22,500 5,877 Gasoline 25,680 25,680 31,692 932,505 932,505 915,254 Budget Original 78 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Public Works - Continued Health and Sanitation Garbage Services $1,166,500 1,166,500 1,124,275 Leaf Pickup 6,000 6,000 5,520 1,172,500 1,172,500 1,129,795 Total Public Works 2,105,005 2,105,005 2,045,049 Total Expenditures 10,092,887 10,103,920 10,017,702 Budget Original 79 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Taxes Property Tax $1,442,178 1,442,178 1,389,302 Intergovernmental Personal Property Replacement Tax 5,000 5,000 5,525 State Grant 17,200 17,200 17,389 22,200 22,200 22,914 Licenses, Permits and Fees Development Fees 20,000 20,000 53,650 Charges for Services Copy Fees 3,000 3,000 2,628 Fees for Programs 1,000 1,000 885 Library Subscription Cards 10,000 10,000 7,194 14,000 14,000 10,707 Fines and Forfeitures 9,300 9,300 9,680 Interest 1,520 1,520 1,401 Miscellaneous Rental Income 7,000 7,000 6,648 Memorials and Gifts 2,000 2,000 - Miscellaneous Income 250 250 1,344 9,250 9,250 7,992 Total Revenues 1,518,448 1,518,448 1,495,646 Budget Original 80 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Library Salaries and Wages $252,540 252,540 245,323 Part Time Salaries 195,000 195,000 169,203 Retirement Plan Contribution 27,988 27,988 27,139 FICA Contribution 33,572 33,572 30,993 Group Health Insurance 94,116 94,116 81,269 Group Life Insurance 595 595 525 Dental and Vision Insurance 6,569 6,569 5,735 Unemployment Insurance 2,500 2,500 681 Liability Insurance 28,184 28,184 23,777 Training and Conferences 500 500 232 Travel and Lodging 600 600 541 Publishing and Advertising 100 100 46 Telecommunications 11,000 11,000 11,941 Postage and Shipping 500 500 509 Dues and Subscriptions 15,500 15,500 11,515 Professional Services 29,000 29,000 35,891 Legal Services 2,000 2,000 - Automation 35,000 35,000 14,283 Utilities 12,600 12,600 17,260 Outside Repair and Maintenance 5,000 5,000 4,959 Office Supplies 8,000 8,000 5,807 Operating Supplies 8,000 8,000 6,772 Computer Equipment and Software - - 7,074 Library Programming 1,000 1,000 731 DVD's 2,000 2,000 4,637 Audio Books - - 1,482 Compact Discs and Other Music - - 666 Books - Development Fee 35,350 35,350 28,200 Memorials and Gifts 2,000 2,000 - Miscellaneous 250 250 - Total Library 809,464 809,464 737,191 Budget Original 81 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Debt Service Principal Retirement $605,000 605,000 590,000 Interest and Fiscal Charges 165,387 165,387 322,790 Total Debt Service 770,387 770,387 912,790 Total Expenditures 1,579,851 1,579,851 1,649,981 Budget Original 82 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Charges for Services Fees for Programs $210,000 210,000 268,017 Concessions 30,000 30,000 31,461 Total Charges for Services 240,000 240,000 299,478 Grants and Donations Donations 5,000 5,000 4,582 Interest 200 200 385 Miscellaneous Rental Income 80,000 80,000 87,418 Hometown Days Revenue 135,000 135,000 90,597 Reimbursements - - 35,728 Miscellaneous Income 3,000 3,000 6,227 Total Miscellaneous 218,000 218,000 219,970 Total Revenue 463,200 463,200 524,415 Budget Original 83 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Parks and Recreation Park Operations Salaries and Wages $427,948 427,948 410,777 Part Time Salaries 17,000 17,000 17,207 Overtime 3,000 3,000 514 Retirement Plan Contribution 47,761 47,761 46,293 FICA Contribution 33,487 33,487 31,909 Group Health Insurance 126,575 126,575 109,505 Group Life Insurance 980 980 878 Dental and Vision Insurance 10,584 10,584 7,830 Training and Conferences 4,000 4,000 1,663 Travel and Lodging 2,000 2,000 114 Telecommunications 4,780 4,780 3,913 Professional Services 4,500 4,500 1,786 Legal Services 4,000 4,000 5,216 Rental and Lease Purchase 2,500 2,500 2,600 Outside Repairs and Maintenance 22,500 22,500 37,059 Wearing Apparel 4,100 4,100 4,806 Office Supplies 300 300 71 Operating Supplies 22,500 22,500 32,327 Small Tools and Equipment 2,250 2,250 4,288 Computer Equipment and Software 500 500 - Repairs and Maintenance 50,500 50,500 79,678 Gasoline 21,400 21,400 20,202 Total Park Operations 813,165 813,165 818,636 Recreation Operations Salaries and Wages 240,745 240,745 225,785 Part Time Salaries 15,000 15,000 13,524 Overtime 300 300 - Concession Wages 12,500 12,500 10,707 Preschool Wages 30,000 30,000 13,691 Instructor Wages 25,000 25,000 15,938 Retirement Plan Contribution 26,714 26,714 28,293 FICA Contribution 24,216 24,216 20,639 Group Health Insurance 75,911 75,911 62,448 Budget Original 84 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2014 Final Actual Parks and Recreation - Continued Recreation Operations - Continued Group Life Insurance $591 591 524 Dental and Vision Insurance 4,849 4,849 3,851 Training and Conferences 3,000 3,000 1,191 Travel and Lodging 1,500 1,500 114 Publishing and Advertising 27,000 27,000 28,259 Telecommunications 7,000 7,000 6,573 Scholarships 2,500 2,500 585 Postage and Shipping 4,000 4,000 1,694 Dues and Subscriptions 1,500 1,500 1,688 Professional Services 65,000 65,000 75,999 Utilities 20,000 20,000 12,224 Rental and Lease Purchase 4,500 4,500 4,035 Outside Repairs and Maintenance 40,000 40,000 23,816 Program Refunds 7,000 7,000 8,475 Hometown Days Expenditures 100,000 100,000 91,422 Program Supplies 55,000 55,000 62,594 Concession Supplies 18,000 18,000 16,472 Office Supplies 3,000 3,000 1,993 Operating Supplies 7,500 7,500 21,325 Small Tools and Equipment 1,000 1,000 - Computer Equipment and Software 500 500 - Repairs and Maintenance 2,000 2,000 1,527 Books and Publications 100 100 - Gasoline 3,000 3,000 739 Total Recreation Operations 828,926 828,926 756,125 Total Expenditures 1,642,091 1,642,091 1,574,761 Budget Original . NONMAJOR GOVERNMENTAL FUNDS COMBINING STATEMENTS 85 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental Funds Combining Balance Sheet April 30, 2014 Debt Capital Service Projects Totals ASSETS Cash and Investments $1,478,785 5,719 896,895 2,381,399 Receivables - Net of Allowances Property Taxes - 329,579 - 329,579 Accounts - - 209,311 209,311 Other Taxes 34,029 - - 34,029 Due from Other Governments 67,236 - 60,183 127,419 Prepaids 6,767 - - 6,767 Total Assets 1,586,817 335,298 1,166,389 3,088,504 LIABILITIES Accounts Payable 41,739 - 82,009 123,748 Retainage Payable 9,652 - 23,412 33,064 Other Liabilities 71,749 400 119,284 191,433 Other Payables - - 117,383 117,383 Total Liabilities 123,140 400 342,088 465,628 Property Taxes - 329,579 - 329,579 Total Liabilities and Deferred Inflows of Resources 123,140 329,979 342,088 795,207 Nonspendable 6,767 - - 6,767 Restricted 1,456,910 5,319 - 1,462,229 Assigned - - 824,301 824,301 Total Fund Balances 1,463,677 5,319 824,301 2,293,297 Total Liabilities, Deferred Inflows of Resources and Fund Balances 1,586,817 335,298 1,166,389 3,088,504 Special Revenue FUND BALANCES DEFERRED INFLOWS OF RESOURCES 86 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Year Ended April 30, 2014 Debt Capital Service Projects Totals Revenues Taxes $73,522 315,790 - 389,312 Intergovernmental 563,964 - 230,839 794,803 Licenses, Permits and Fees 1,733 6,358 163,886 171,977 Charges for Services - - 684,319 684,319 Fines and Forfeits - - 8,253 8,253 Grants and Donations 334,073 - - 334,073 Interest 3,475 78 650 4,203 Miscellaneous 294 - 301,845 302,139 Total Revenues 977,061 322,226 1,389,792 2,689,079 Expenditures General Government 28,576 400 98,124 127,100 Parks and Recreation 69,304 - - 69,304 Public Safety - - 22,521 22,521 Public Works 135,779 - 26,929 162,708 Capital Outlay 861,952 - 1,188,504 2,050,456 Debt Service Principal Retirement - 215,000 109,223 324,223 Interest and Fiscal Charges - 113,553 44,214 157,767 Total Expenditures 1,095,611 328,953 1,489,515 2,914,079 Excess (Deficiency) of Revenues Over (Under) Expenditures (118,550)(6,727)(99,723)(225,000) Other Financing Sources (Uses) Disposal of Capital Assets 8,500 - 7,825 16,325 Debt Issuance - - 193,963 193,963 Transfers In 50,000 - 1,017,604 1,067,604 Transfers Out - - (228,067)(228,067) 58,500 - 991,325 1,049,825 Net Change in Fund Balances (60,050)(6,727)891,602 824,825 Fund Balances - Beginning 1,523,727 12,046 (67,301)1,468,472 Fund Balances - Ending 1,463,677 5,319 824,301 2,293,297 Special Revenue . NONMAJOR SPECIAL REVENUE FUNDS Special Revenue Funds are created to account for the proceeds of specific revenue sources (other than fiduciary funds or capital project funds) that are legally restricted to expenditure for specified purposes. Fox Hill Special Service Area Fund The Fox Hill Special Service Area Fund is used to account for the revenues and expenditures associated with the maintenance of the common areas of the Fox Hill Estates subdivision. Sunflower Special Service Area Fund The Sunflower Special Service Fund is used to account for revenues and expenditures associated with the maintenance of the common areas of the Sunflower Estates subdivision. Motor Fuel Tax Fund The Motor Fuel Tax Fund is used to account for allotments of motor fuel taxes from the State of Illinois made on per capita basis. These taxes are to be used to construct and maintain street, traffic signals and signs. Land Cash Fund The Land Cash Fund is used to account for the revenues and expenditures associated with the construction of park facilities. Downtown TIF Fund The Downtown TIF Fund is used to account for the revenues and expenditures associated with the development activities of the downtown area. UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Special Revenue Funds Combining Balance Sheet April 30, 2014 See Following Page 87 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Special Revenue Funds Combining Balance Sheet April 30, 2014 Cash and Investments $11,134 Receivables - Net of Allowances Other Taxes - Due from Other Governments - Prepaids - Total Assets 11,134 Accounts Payable - Retainage Payable - Other Liabilities - Total Liabilities - Nonspendable - Restricted 11,134 Total Fund Balances 11,134 Total Liabilities and Fund Balances 11,134 FUND BALANCES LIABILITIES Fox Hill Special Service Area ASSETS 88 Sunflower Special Motor Service Fuel Land Downtown Area Tax Cash TIF Totals 2,574 1,056,316 157,926 250,835 1,478,785 - 31,195 - 2,834 34,029 - 35,950 31,286 - 67,236 - 6,149 - 618 6,767 2,574 1,129,610 189,212 254,287 1,586,817 - 29,364 60 12,315 41,739 - 9,652 - - 9,652 - 60,138 1,168 10,443 71,749 - 99,154 1,228 22,758 123,140 - 6,149 - 618 6,767 2,574 1,024,307 187,984 230,911 1,456,910 2,574 1,030,456 187,984 231,529 1,463,677 2,574 1,129,610 189,212 254,287 1,586,817 89 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Special Revenue Funds Combining Statement of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Year Ended April 30, 2014 Revenues Taxes $3,786 Intergovernmental - Licenses, Permits and Fees - Grants and Donations - Interest 1 Miscellaneous - Total Revenues 3,787 Expenditures General Government - Parks and Recreation - Public Works 7,777 Capital Outlay - Total Expenditures 7,777 Excess (Deficiency) of Revenues Over (Under) Expenditures (3,990) Other Financing Sources Disposal of Capital Assets - Transfers In - - Net Change in Fund Balances (3,990) Fund Balances - Beginning 15,124 Fund Balances - Ending 11,134 Service Area Fox Hill Special 90 Sunflower Special Motor Service Fuel Land Downtown Area Tax Cash TIF Totals 7,467 - - 62,269 73,522 - 532,678 31,286 - 563,964 - - 1,733 - 1,733 - 279,494 54,579 - 334,073 2 3,419 3 50 3,475 - 110 - 184 294 7,469 815,701 87,601 62,503 977,061 - - 1,733 26,843 28,576 - - 69,304 - 69,304 12,635 115,367 - - 135,779 - 832,384 - 29,568 861,952 12,635 947,751 71,037 56,411 1,095,611 (5,166)(132,050)16,564 6,092 (118,550) - - - 8,500 8,500 - - 50,000 - 50,000 - - 50,000 8,500 58,500 (5,166)(132,050)66,564 14,592 (60,050) 7,740 1,162,506 121,420 216,937 1,523,727 2,574 1,030,456 187,984 231,529 1,463,677 91 UNITED CITY OF YORKVILLE, ILLINOIS Fox Hill Special Service Area - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes Property Tax $3,786 3,786 3,786 Interest - - 1 Total Revenues 3,786 3,786 3,787 Expenditures Public Works Legal Service - 190 190 Outside Repair and Maintenance 7,500 7,590 7,587 Total Expenditures 7,500 7,780 7,777 Net Change in Fund Balance (3,714)(3,994)(3,990) Fund Balance - Beginning 15,124 Fund Balance - Ending 11,134 Budget Original 92 UNITED CITY OF YORKVILLE, ILLINOIS Sunflower Special Service Area - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes Property Tax $7,531 7,531 7,467 Interest - - 2 Total Revenues 7,531 7,531 7,469 Expenditures Public Works Outside Repair and Maintenance 14,985 14,985 12,635 Net Change in Fund Balance (7,454)(7,454)(5,166) Fund Balance - Beginning 7,740 Fund Balance - Ending 2,574 Budget Original 93 UNITED CITY OF YORKVILLE, ILLINOIS Motor Fuel Tax - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Intergovernmental $450,000 450,000 532,678 Grants and Donations 492,000 492,000 279,494 Interest 2,000 2,000 3,419 Miscellaneous - - 110 Total Revenues 944,000 944,000 815,701 Expenditures Public Works Supplies 243,056 243,056 115,367 Capital Outlay Streets and Alleys 1,151,400 1,186,400 832,384 Total Expenditures 1,394,456 1,429,456 947,751 Net Change in Fund Balance (450,456)(485,456)(132,050) Fund Balance - Beginning 1,162,506 Fund Balance - Ending 1,030,456 Budget Original 94 UNITED CITY OF YORKVILLE, ILLINOIS Land Cash - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Intergovernmental State Grants $96,000 96,000 31,286 Licenses, Permits and Fees Build Program - - 1,733 Grants and Donations Autumn Creek 20,000 20,000 42,367 Briarwood - - 9,371 Blackberry Woods 500 500 2,841 Interest - - 3 Total Revenues 116,500 116,500 87,601 Expenditures General Government Build Program - - 1,733 Parks and Recreation Cannonball Park - 22,000 16,897 Mosier Holding Costs 13,000 13,000 12,000 Bristol Bay Regional Park - - 3,406 Clark Park 76,000 76,000 31,613 Riverfront Park - - 4,650 Grande Reserve Park B - - 738 Total Expenditures 89,000 111,000 71,037 Excess (Deficiency) of Revenues Over (Under) Expenditures 27,500 5,500 16,564 Other Financing Sources Transfers In 50,000 50,000 50,000 Net Change in Fund Balance 77,500 55,500 66,564 Fund Balance - Beginning 121,420 Fund Balance - Ending 187,984 Budget Original 95 UNITED CITY OF YORKVILLE, ILLINOIS Downtown TIF - Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes Property Taxes $35,000 35,000 52,811 Business District Taxes - - 9,458 Interest 350 350 50 Miscellaneous - - 184 Total Revenues 35,350 35,350 62,503 Expenditures General Government Administrative Fees 350 3,951 258 Legal Services 15,000 14,440 4,812 TIF Incentive Payout - - 12,315 Business District Rebate - - 9,458 Capital Outlay Project Costs 10,000 56,367 9,568 Route 47 Expansion 20,000 11,667 20,000 Total Expenditures 45,350 86,425 56,411 Excess (Deficiency) of Revenues Over (Under) Expenditures (10,000)(51,075)6,092 Other Financing Sources Disposal of Capital Assets - - 8,500 Net Change in Fund Balance (10,000)(51,075)14,592 Fund Balance - Beginning 216,937 Fund Balance - Ending 231,529 Budget Original . NONMAJOR DEBT SERVICE FUND The Debt Service Fund is used to account for the accumulation of resources for, and the payment of, general long-term debt principal and interest. 96 UNITED CITY OF YORKVILLE, ILLINOIS Debt Service Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Taxes Property Taxes $328,179 328,179 315,790 Licenses, Permits and Fees Recapture Fees 1,000 1,000 5,958 Build Program - 1,000 400 Interest 300 300 78 Total Revenues 329,479 330,479 322,226 Expenditures General Government Build Program - 1,000 400 Debt Service Principal 215,000 215,000 215,000 Interest and Fiscal Charges 113,554 113,554 113,553 Total Expenditures 328,554 329,554 328,953 Net Change in Fund Balance 925 925 (6,727) Fund Balance - Beginning 12,046 Fund Balance - Ending 5,319 Budget Original . NONMAJOR CAPITAL PROJECTS FUNDS Capital Projects Funds are created to account for all resources used for the acquisition of capital facilities by a governmental unit except those financed by Proprietary Funds. Municipal Building Fund The Municipal Building Fund is used to account for financial resources accumulated to finance capital improvements to City buildings. This Fund was closed into the General Fund at year end. Vehicle and Equipment Fund The Vehicle & Equipment Fund is used to account for financial resources accumulated to purchase vehicles, equipment and other capital assets for use in the Police, Public Works and Park and Recreation departments. Police Capital Fund The Police Capital Fund is used to account for financial resources accumulated to purchase public safety vehicles and equipment. This Fund was closed into the Vehicle and Equipment Fund at year end. Public Works Capital Fund The Public Works Capital Fund is used to account for financial resources accumulated to purchase vehicles, equipment and other capital assets for use in the Public Works department. This Fund was closed into the Vehicle and Equipment Fund at year end. Parks and Recreation Capital Fund The Parks and Recreation Capital Fund is used to account for financial resources accumulated for land improvements and to purchase equipment used for the maintenance of this improved park land and open space. This Fund was closed into the Vehicle and Equipment Fund at year end. Citywide Capital Fund The Citywide Capital Fund is used to account for financial resources accumulated for maintenance of public infrastructure and to fund new capital improvements that benefit the public. UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Capital Projects Funds Combining Balance Sheet April 30, 2014 See Following Page 97 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Capital Projects Funds Combining Balance Sheet April 30, 2014 Vehicle and Equipment Cash and Investments $- 276,510 Receivables - Net of Allowances Accounts - 762 Due from Other Governments - - Total Assets - 277,272 Accounts Payable - 12,143 Retainage Payable - - Other Liabilities - - Other Payables - 117,383 Total Liabilities - 129,526 Assigned - 147,746 Total Liabilities and Fund Balances - 277,272 FUND BALANCES Municipal Building ASSETS LIABILITIES 98 Public Parks and Police Works Recreation Citywide Capital Capital Capital Capital Totals - - - 620,385 896,895 - - - 208,549 209,311 - - - 60,183 60,183 - - - 889,117 1,166,389 - - - 69,866 82,009 - - - 23,412 23,412 - - - 119,284 119,284 - - - - 117,383 - - - 212,562 342,088 - - - 676,555 824,301 - - - 889,117 1,166,389 99 UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Capital Projects Funds Combining Statement of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Year Ended April 30, 2014 Vehicle and Equipment Revenues Intergovernmental $- - Licenses, Permits and Fees 3,930 76,414 Charges for Services - - Fines and Forfeits - 8,253 Interest - 446 Miscellaneous - 212,489 Total Revenues 3,930 297,602 Expenditures General Government 3,930 - Public Safety - 22,521 Public Works - 26,929 Capital Outlay - 155,382 Debt Service Principal Retirement - 34,223 Interest and Fiscal Charges - 44,214 Total Expenditures 3,930 283,269 Excess (Deficiency) of Revenues Over (Under) Expenditures - 14,333 Other Financing Sources (Uses) Disposal of Capital Assets - 7,825 Debt Issuance - - Transfers In 571,615 175,588 Transfers Out - (50,000) 571,615 133,413 Net Change in Fund Balances 571,615 147,746 Fund Balances - Beginning (571,615)- Fund Balances - Ending - 147,746 Municipal Building 100 Public Parks and Police Works Recreation Citywide Capital Capital Capital Capital Totals - - - 230,839 230,839 - - - 83,542 163,886 - - - 684,319 684,319 - - - - 8,253 - - - 204 650 - - - 89,356 301,845 - - - 1,088,260 1,389,792 - - - 94,194 98,124 - - - - 22,521 - - - - 26,929 - - - 1,033,122 1,188,504 - - - 75,000 109,223 - - - - 44,214 - - - 1,202,316 1,489,515 - - - (114,056)(99,723) - - - - 7,825 - - - 193,963 193,963 - - - 270,401 1,017,604 (106,687)(22,399)(46,502)(2,479)(228,067) (106,687)(22,399)(46,502)461,885 991,325 (106,687)(22,399)(46,502)347,829 891,602 106,687 22,399 46,502 328,726 (67,301) - - - 676,555 824,301 101 UNITED CITY OF YORKVILLE, ILLINOIS Municipal Building- Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Licenses, Permits and Fees Build Program $- 4,000 3,930 Expenditures General Government Build Program - 4,000 3,930 Excess (Deficiency) of Revenues Over (Under) Expenditures - - - Other Financing Sources Transfers In 573,374 573,374 571,615 Net Change in Fund Balance 573,374 573,374 571,615 Fund Balance - Beginning (571,615) Fund Balance - Ending - Budget Original 102 UNITED CITY OF YORKVILLE, ILLINOIS Vehicle and Equipment - Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Licenses, Permits and Fees Development Fees $42,775 42,775 29,790 Build Program - - 30,960 Engineering Capital Fee 6,500 6,500 3,400 Weather Warning Siren Fees - - 12,264 Fines and Forfeits DUI Fines 3,100 3,100 7,569 Electronic Citations 750 750 684 Seized Vehicle Fees 5,000 5,000 - Interest 475 475 446 Miscellaneous 200,150 200,150 212,489 Total Revenues 258,750 258,750 297,602 Expenditures Public Safety 131,667 131,667 22,521 Public Works 11,500 66,500 26,929 Parks and Recreation 20,000 20,000 155,382 Debt Service Principal Retirement 32,012 32,012 34,223 Interest and Fiscal Charges 50,283 50,283 44,214 Total Expenditures 245,462 300,462 283,269 Excess (Deficiency) of Revenues Over (Under) Expenditures 13,288 (41,712)14,333 Other Financing Sources (Uses) Disposal of Capital Assets 1,000 1,000 7,825 Transfers In - - 175,588 Transfers Out (50,000)(50,000)(50,000) (49,000)(49,000)133,413 Net Change in Fund Balance (35,712)(90,712)147,746 Fund Balance - Beginning - Fund Balance - Ending 147,746 Budget Original 103 UNITED CITY OF YORKVILLE, ILLINOIS Vehicle and Equipment - Capital Projects Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Police Capital Contractual Services $11,667 11,667 17,721 Build Program - - 4,800 Capital Outlay Vehicles 120,000 120,000 93,750 Total Police Capital 131,667 131,667 116,271 Public Works Capital Contractual Services 6,500 6,500 1,569 Build Program - - 25,360 Supplies 2,000 2,000 - Capital Outlay Equipment 3,000 58,000 48,689 Total Public Works Capital 11,500 66,500 75,618 Park and Recreation Capital Capital Outlay Equipment 15,000 15,000 12,143 Raintree Park 5,000 5,000 800 Total Capital Outlay 20,000 20,000 12,943 Debt Service Principal Retirement 32,012 32,012 34,223 Interest and Fiscal Charges 50,283 50,283 44,214 Total Debt Service 82,295 82,295 78,437 Tot Total Expenditures 245,462 300,462 283,269 Budget Original 104 UNITED CITY OF YORKVILLE, ILLINOIS Police Capital - Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues $- - - Expenditures - - - Excess (Deficiency) of Revenues Over (Under) Expenditures - - - Other Financing (Uses) Transfers Out - - (106,687) Net Change in Fund Balance - - (106,687) Fund Balance - Beginning 106,687 Fund Balance - Ending - Budget Original 105 UNITED CITY OF YORKVILLE, ILLINOIS Public Works Capital - Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues $- - - Expenditures - - - Excess (Deficiency) of Revenues Over (Under) Expenditures - - - Other Financing (Uses) Transfers Out - - (22,399) Net Change in Fund Balance - - (22,399) Fund Balance - Beginning 22,399 Fund Balance - Ending - Budget Original 106 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation Capital - Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues $- - - Expenditures - - - Excess (Deficiency) of Revenues Over (Under) Expenditures - - - Other Financing (Uses) Transfers Out - - (46,502) Net Change in Fund Balance - - (46,502) Fund Balance - Beginning 46,502 Fund Balance - Ending - Budget Original 107 UNITED CITY OF YORKVILLE, ILLINOIS Citywide Capital - Capital Projects Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Revenues Intergovernmental Grants $327,600 327,600 230,839 Licenses, Permits and Fees Build Program - - 71,634 Development Fees 10,250 10,250 9,908 Road Contribution Fee 10,000 10,000 2,000 Charges for Services Road Infrastructure Fee 669,120 669,120 684,319 Interest 250 250 204 Miscellaneous 126,441 327,551 89,356 Total Revenues 1,143,661 1,344,771 1,088,260 Expenditures General Government Build Program - - 71,634 Engineering Services 50,000 50,000 21,792 Miscellaneous - - 768 Capital Outlay Kennedy Road - Autumn Creek - 201,110 88,105 Road to Better Roads Program 585,863 585,863 605,242 Sidewalk Construction 12,500 12,500 2,916 Game Farm Road Project 20,000 20,000 5,125 River Road Bridge 165,000 165,000 221,880 Safe Routes to School 280,000 280,000 22,707 Kennedy Road Bike Trail 59,500 59,500 87,147 Debt Service Principal Retirement 83,333 83,333 75,000 Total Expenditures 1,256,196 1,457,306 1,202,316 Excess (Deficiency) of Revenues Over (Under) Expenditures (112,535)(112,535)(114,056) Other Financing Sources (Uses) Debt Issuance 165,000 165,000 193,963 Transfers In 270,401 270,401 270,401 Transfers Out (5,250)(5,250)(2,479) 430,151 430,151 461,885 Net Change in Fund Balance 317,616 317,616 347,829 Fund Balance - Beginning 328,726 Fund Balance - Ending 676,555 Budget Original . ENTERPRISE FUNDS Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises where the intent is that costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or where it has been decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purpose. Sewer Fund The Sewer Fund is used to account for the operation and sewer infrastructure maintenance of the City-owned sewer system, as well as the construction of new sewer systems within City limits. Revenues are generated through a user maintenance fee. Water Fund The Water Fund is used to account for the operation and water infrastructure maintenance of the City-owned water distribution system, as well as the construction of new water systems. Revenues are generated through charges based on water consumption and user maintenance fees. Recreation Center Fund The Recreation Center Fund is used to account for the revenues and expenses of the recreation center which is operated by the Parks and Recreation department. Revenues are generated through user fees. This fund was closed in fiscal year 2014. 108 UNITED CITY OF YORKVILLE, ILLINOIS Sewer - Enterprise Fund Schedule of Revenues, Expenses and Changes in Net Position - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Operating Revenues Charges for Services $1,074,560 1,074,560 1,104,154 Operating Expenses Operations 1,829,965 1,829,965 377,433 Depreciation and Amortization - - 536,899 Total Operating Expenses 1,829,965 1,829,965 914,332 Operating Income (Loss)(755,405)(755,405)189,822 Nonoperating Revenues (Expenses) Interest Income 5,500 5,500 9,260 Connection Fees 11,000 11,000 26,800 Other Income 126,940 126,940 111,839 Interest Expense (657,167)(657,167)(680,934) (513,727)(513,727)(533,035) Income (Loss) Before Contributions and Transfers (1,269,132)(1,269,132)(343,213) Capital Contributions - - 1,050,164 Transfers In 1,137,220 1,137,220 1,137,220 Transfers Out (82,988)(82,988)(82,988) Change in Net Position (214,900)(214,900)1,761,183 Net Position - Beginning 22,873,255 Net Position - Ending 24,634,438 Budget Original 109 UNITED CITY OF YORKVILLE, ILLINOIS Water - Enterprise Fund Schedule of Revenues, Expenses and Changes in Net Position - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Operating Revenues Charges for Services $2,308,890 2,308,890 2,275,300 Operating Expenses Operations 2,391,754 2,391,754 1,318,347 Depreciation and Amortization - - 891,617 Total Operating Expenses 2,391,754 2,391,754 2,209,964 Operating (Loss)(82,864)(82,864)65,336 Nonoperating Revenues (Expenses) Interest Income 2,000 2,000 2,231 Connection Fees 59,850 59,850 119,194 Other Income 187,363 187,363 70,372 Interest Expense (467,841)(467,841)(500,547) (218,628)(218,628)(308,750) Income (Loss) Before Contributions and Transfers (301,492)(301,492)(243,414) Capital Contributions - - 608,484 Transfers In 82,988 82,988 82,988 Change in Net Position (218,504)(218,504)448,058 Net Position - Beginning 22,649,646 Net Position - Ending 23,097,704 Budget Original 110 UNITED CITY OF YORKVILLE, ILLINOIS Recreation Center - Enterprise Fund Schedule of Revenues, Expenses and Changes in Net Position - Budget and Actual For the Fiscal Year Ended April 30, 2014 Final Actual Operating Revenues Charges for Services $61,000 44,891 44,891 Operating Expenses Operations 150,489 234,086 232,882 Operating (Loss)(89,489)(189,195)(187,991) Nonoperating Revenues Other Income - 572 572 Income (Loss) Before Transfers (89,489)(188,623)(187,419) Transfers In 556,957 489,043 489,043 Change in Net Position 467,468 300,420 301,624 Net Position - Beginning (301,624) Net Position - Ending - Budget Original . AGENCY FUNDS Agency funds are established to administer resources received and held by the City as the trustee. Use of these funds facilitates the discharge of responsibilities placed upon the governmental unit by virtue of law or other similar authority. Developer Deposit Fund The Developer Deposit Fund is used to account for developer deposits that are used to reimburse the City for all expenses incurred as a result of processing developer applications and requests. Escrow Deposit Fund The Escrow Deposit Fund is used to account for various funds collected on behalf of other governmental agencies. UNITED CITY OF YORKVILLE, ILLINOIS Agency Funds Combining Statement of Changes in Assets and Liabilities For the Fiscal Year Ended April 30, 2014 See Following Page 111 UNITED CITY OF YORKVILLE, ILLINOIS Agency Funds Combining Statement of Changes in Assets and Liabilities For the Fiscal Year Ended April 30, 2014 Ending Additions Deductions Balances ASSETS Cash and Investments $395,834 4,628,549 4,566,261 458,122 Accounts Receivable 556,249 3,173,382 3,128,961 600,670 Total Assets 952,083 7,801,931 7,695,222 1,058,792 LIABILITIES Other Liabilities 952,083 10,138,086 10,031,377 1,058,792 Developer Deposit Cash and Investments 131,985 729,073 664,721 196,337 LIABILITIES Other Liabilities 131,985 748,624 684,272 196,337 ASSETS Beginning Balances All Funds 112 Ending Additions Deductions Balances Escrow Deposit Cash and Investments $263,849 3,899,476 3,901,540 261,785 Accounts Receivable 556,249 3,173,382 3,128,961 600,670 Total Assets 820,098 7,072,858 7,030,501 862,455 LIABILITIES Other Liabilities 820,098 9,389,462 9,347,105 862,455 Beginning Balances ASSETS . SUPPLEMENTAL SCHEDULES 113 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Betzwiser Development, LLC Adjustable Rate Note Payable of 2008 April 30, 2014 Date of Issue October 1, 2008 Date of Maturity October 1, 2028 Authorized Issue $937,500 * Interest Rate Variable - 5yr T-Note Rate Plus 3%** Interest Dates Monthly Principal Maturity Dates Monthly Payable at Betzwiser Development, LLC Fiscal Year Interest Totals 2015 $39,112 33,922 73,034 2016 40,880 32,154 73,034 2017 42,728 30,306 73,034 2018 44,660 28,374 73,034 2019 46,679 26,355 73,034 2020 48,790 24,245 73,035 2021 50,995 22,039 73,034 2022 53,301 19,733 73,034 2023 55,711 17,324 73,035 2024 58,229 14,805 73,034 2025 60,862 12,172 73,034 2026 63,614 9,421 73,035 2027 66,490 6,545 73,035 2028 69,496 3,539 73,035 2029 41,981 622 42,603 783,528 281,556 1,065,084 * The original purchase price was $1,251,900 with an initial cash payment of $314,400 and the remaining $937,500 to be financed by the seller at an initial interest rate of 6.26% through November of 2013. The current interest rate is 4.43% and the note will continue to adjust every five years until maturity. ** Interest rate is scheduled to adjust in December 2018 and 2023. CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Principal 114 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements IEPA (L17-115300) Loan Payable of 2000 April 30, 2014 Date of Issue March 6, 2000 Date of Maturity September 6, 2019 Authorized Issue $1,656,809 Denomination of Bonds $5,000 Interest Rate 2.625% Interest Dates September 6 and March 6 Principal Maturity Dates September 6 and March 6 Payable at Illinois Environmental Protection Agency Fiscal Year Interest Totals Sept. 6 Amount Mar. 6 Amount 2015 $93,355 13,696 107,051 2014 7,152 2015 6,544 2016 95,821 11,229 107,050 2015 5,927 2016 5,302 2017 98,353 8,697 107,050 2016 4,669 2017 4,028 2018 100,952 6,098 107,050 2017 3,378 2018 2,720 2019 103,619 3,431 107,050 2018 2,053 2019 1,378 2020 52,832 693 53,525 2019 693 2020 - 544,932 43,844 588,776 23,872 19,972 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 115 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements IEPA (L17-1156300) Loan Payable of 2007 April 30, 2014 Date of Issue August 9, 2007 Date of Maturity August 9, 2026 Authorized Issue $1,889,244 Denomination of Bonds $5,000 Interest Rate 2.50% Interest Dates August 9 and February 9 Principal Maturity Dates August 9 and February 9 Payable at Illinois Environmental Protection Agency Fiscal Year Interest Totals Aug. 9 Amount Feb. 9 Amount 2015 $92,225 32,805 125,030 2014 16,689 2015 16,116 2016 94,544 30,485 125,029 2015 15,536 2016 14,949 2017 96,922 28,108 125,030 2016 14,355 2017 13,753 2018 99,361 25,669 125,030 2017 13,143 2018 12,526 2019 101,861 23,170 125,031 2018 11,901 2019 11,269 2020 104,423 20,607 125,030 2019 10,628 2020 9,979 2021 107,049 17,981 125,030 2020 9,323 2021 8,658 2022 109,742 15,288 125,030 2021 7,985 2022 7,303 2023 112,503 12,527 125,030 2022 6,613 2023 5,914 2024 115,334 9,697 125,031 2023 5,207 2024 4,490 2025 118,235 6,795 125,030 2024 3,765 2025 3,030 2026 121,209 3,821 125,030 2025 2,287 2026 1,534 2027 61,744 772 62,516 2026 772 2027 - 1,335,152 227,725 1,562,877 118,204 109,521 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 116 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Alternate Revenue Source Bonds of 2004B April 30, 2014 Date of Issue March 1, 2004 Date of Maturity December 30, 2018 Authorized Issue $3,500,000 Denomination of Bonds $5,000 Interest Rates 2.50% to 4.00% Interest Dates June 30 and December 30 Principal Maturity Dates December 30 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $375,000 78,950 453,950 2014 39,475 2014 39,475 2016 395,000 65,826 460,826 2015 32,913 2015 32,913 2017 410,000 52,000 462,000 2016 26,000 2016 26,000 2018 435,000 35,600 470,600 2017 17,800 2017 17,800 2019 455,000 18,200 473,200 2018 9,100 2018 9,100 2,070,000 250,576 2,320,576 125,288 125,288 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 117 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Alternate Revenue Source Bonds of 2005 April 30, 2014 Date of Issue March 15, 2005 Date of Maturity December 1, 2024 Authorized Issue $3,525,000 Denomination of Bonds $5,000 Interest Rates 3.50% to 4.35% Interest Dates June 1 and December 1 Principal Maturity Date December 1 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 1 Amount Dec. 1 Amount 2015 $- 68,072 68,072 2014 34,036 2014 34,036 2016 - 68,072 68,072 2015 34,036 2015 34,036 2017 - 68,072 68,072 2016 34,036 2016 34,036 2018 - 68,072 68,072 2017 34,036 2017 34,036 2019 - 68,072 68,072 2018 34,036 2018 34,036 2020 235,000 68,072 303,072 2019 34,036 2019 34,036 2021 245,000 58,203 303,203 2020 29,101 2020 29,102 2022 260,000 47,913 307,913 2021 23,956 2021 23,957 2023 275,000 36,993 311,993 2022 18,496 2022 18,497 2024 285,000 25,306 310,306 2023 12,653 2023 12,653 2025 300,000 13,050 313,050 2024 6,525 2024 6,525 1,600,000 589,897 2,189,897 294,947 294,950 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 118 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Alternate Revenue Source Bonds of 2005A April 30, 2014 Date of Issue May 1, 2005 Date of Maturity December 30, 2022 Authorized Issue $3,825,000 Denomination of Bonds $5,000 Interest Rates 4.00% to 4.375% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $225,000 104,578 329,578 2014 52,289 2014 52,289 2016 235,000 95,578 330,578 2015 47,789 2015 47,789 2017 250,000 86,178 336,178 2016 43,089 2016 43,089 2018 260,000 76,178 336,178 2017 38,089 2017 38,089 2019 275,000 65,518 340,518 2018 32,759 2018 32,759 2020 290,000 54,106 344,106 2019 27,053 2019 27,053 2021 300,000 41,782 341,782 2020 20,891 2020 20,891 2022 320,000 28,656 348,656 2021 14,328 2021 14,328 2023 335,000 14,656 349,656 2022 7,328 2022 7,328 2,490,000 567,230 3,057,230 283,615 283,615 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 119 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Alternate Revenue Source Bonds of 2005C April 30, 2014 Date of Issue September 1, 2005 Date of Maturity December 30, 2024 Authorized Issue $2,000,000 Denomination of Bonds $5,000 Interest Rates 3.50% to 5.50% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $100,000 67,176 167,176 2014 33,588 2014 33,588 2016 105,000 63,176 168,176 2015 31,588 2015 31,588 2017 110,000 58,976 168,976 2016 29,488 2016 29,488 2018 110,000 54,576 164,576 2017 27,288 2017 27,288 2019 120,000 50,176 170,176 2018 25,088 2018 25,088 2020 120,000 45,376 165,376 2019 22,688 2019 22,688 2021 130,000 38,776 168,776 2020 19,388 2020 19,388 2022 135,000 31,626 166,626 2021 15,813 2021 15,813 2023 140,000 24,200 164,200 2022 12,100 2022 12,100 2024 150,000 16,500 166,500 2023 8,250 2023 8,250 2025 150,000 8,250 158,250 2024 4,125 2024 4,125 1,370,000 458,808 1,828,808 229,404 229,404 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 120 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Library Bonds of 2006 April 30, 2014 Date of Issue August 1, 2006 Date of Maturity December 30, 2024 Authorized Issue $1,500,000 Denomination of Bonds $5,000 Interest Rates 4.75% to 4.80% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $50,000 34,488 84,488 2014 17,244 2014 17,244 2016 50,000 32,112 82,112 2015 16,056 2015 16,056 2017 50,000 29,738 79,738 2016 14,869 2016 14,869 2018 50,000 27,362 77,362 2017 13,681 2017 13,681 2019 50,000 24,988 74,988 2018 12,494 2018 12,494 2020 50,000 22,612 72,612 2019 11,306 2019 11,306 2021 75,000 20,238 95,238 2020 10,119 2020 10,119 2022 75,000 16,676 91,676 2021 8,338 2021 8,338 2023 75,000 13,112 88,112 2022 6,556 2022 6,556 2024 100,000 9,550 109,550 2023 4,775 2023 4,775 2025 100,000 4,800 104,800 2024 2,400 2024 2,400 725,000 235,676 960,676 117,838 117,838 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 121 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Refunding Alternate Revenue Source Bonds of 2007A April 30, 2014 Date of Issue January 23, 2007 Date of Maturity December 30, 2022 Authorized Issue $3,020,000 Denomination of Bonds $5,000 Interest Rates 4.00% to 4.25% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at The Bank of New York Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $15,000 122,422 137,422 2014 61,211 2014 61,211 2016 15,000 121,792 136,792 2015 60,896 2015 60,896 2017 15,000 121,162 136,162 2016 60,581 2016 60,581 2018 15,000 120,526 135,526 2017 60,263 2017 60,263 2019 15,000 119,888 134,888 2018 59,944 2018 59,944 2020 680,000 119,250 799,250 2019 59,625 2019 59,625 2021 695,000 90,350 785,350 2020 45,175 2020 45,175 2022 725,000 60,812 785,812 2021 30,406 2021 30,406 2023 750,000 30,000 780,000 2022 15,000 2022 15,000 2,925,000 906,202 3,831,202 453,101 453,101 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 122 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Refunding Alternate Revenue Source Bonds of 2011 April 30, 2014 Date of Issue November 10, 2011 Date of Maturity December 30, 2025 Authorized Issue $11,150,000 Denomination of Bonds $5,000 Interest Rate 4.28% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at The Bank of New York Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $685,000 448,972 1,133,972 2014 224,486 2014 224,486 2016 715,000 419,654 1,134,654 2015 209,827 2015 209,827 2017 745,000 389,052 1,134,052 2016 194,526 2016 194,526 2018 780,000 357,166 1,137,166 2017 178,583 2017 178,583 2019 810,000 323,782 1,133,782 2018 161,891 2018 161,891 2020 845,000 289,114 1,134,114 2019 144,557 2019 144,557 2021 885,000 252,948 1,137,948 2020 126,474 2020 126,474 2022 920,000 215,070 1,135,070 2021 107,535 2021 107,535 2023 960,000 175,694 1,135,694 2022 87,847 2022 87,847 2024 1,000,000 134,606 1,134,606 2023 67,303 2023 67,303 2025 1,045,000 91,806 1,136,806 2024 45,903 2024 45,903 2026 1,100,000 47,080 1,147,080 2025 23,540 2025 23,540 10,490,000 3,144,944 13,634,944 1,572,472 1,572,472 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 123 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Library Refunding Bonds of 2013 April 30, 2014 Date of Issue May 9, 2013 Date of Maturity December 30, 2024 Authorized Issue $6,625,000 Denomination of Bonds $5,000 Interest Rates 2.00% to 4.00% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at Bank of New York Mellon Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $455,000 191,833 646,833 2014 95,916 2014 95,917 2016 485,000 182,733 667,733 2015 91,366 2015 91,367 2017 500,000 173,033 673,033 2016 86,516 2016 86,517 2018 520,000 163,032 683,032 2017 81,516 2017 81,516 2019 565,000 152,112 717,112 2018 76,056 2018 76,056 2020 585,000 139,400 724,400 2019 69,700 2019 69,700 2021 610,000 121,850 731,850 2020 60,925 2020 60,925 2022 645,000 103,550 748,550 2021 51,775 2021 51,775 2023 675,000 84,200 759,200 2022 42,100 2022 42,100 2024 700,000 57,200 757,200 2023 28,600 2023 28,600 2025 730,000 29,200 759,200 2024 14,600 2024 14,600 6,470,000 1,398,143 7,868,143 699,070 699,073 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 124 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Refunding Alternate Revenue Source Bonds of 2014 April 30, 2014 Date of Issue January 6, 2014 Date of Maturity December 1, 2029 Authorized Issue $1,235,000 Denomination of Bonds $5,000 Interest Rate 4.00% to 4.30% Interest Dates June 1 and December 1 Principal Maturity Date December 1 Payable at The Bank of New York Trust Company Fiscal Year Interest Totals Jun. 1 Amount Dec. 1 Amount 2015 $- 45,784 45,784 2014 20,427 2014 25,357 2016 - 50,715 50,715 2015 25,357 2015 25,358 2017 - 50,715 50,715 2016 25,357 2016 25,358 2018 - 50,715 50,715 2017 25,357 2017 25,358 2019 - 50,715 50,715 2018 25,357 2018 25,358 2020 - 50,715 50,715 2019 25,357 2019 25,358 2021 - 50,715 50,715 2020 25,357 2020 25,358 2022 - 50,715 50,715 2021 25,357 2021 25,358 2023 - 50,715 50,715 2022 25,357 2022 25,358 2024 - 50,715 50,715 2023 25,357 2023 25,358 2025 - 50,715 50,715 2024 25,357 2024 25,358 2026 230,000 50,715 280,715 2025 25,357 2025 25,358 2027 235,000 41,515 276,515 2026 20,757 2026 20,758 2028 245,000 32,115 277,115 2027 16,057 2027 16,058 2029 255,000 22,193 277,193 2028 11,096 2028 11,097 2030 270,000 11,610 281,610 2029 5,805 2029 5,805 1,235,000 711,082 1,946,082 353,069 358,013 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 125 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Illinois Rural Bond Bank Debt Certificates of 2003 April 30, 2014 Date of Issue September 1, 2003 Date of Maturity February 1, 2023 Authorized Issue $2,035,000 Denomination of Bonds $5,000 Interest Rates 1.60% to 5.20% Interest Dates August 1 and February 1 Principal Maturity Date February 1 Payable at US National Bank Assoc. Fiscal Year Interest Totals Aug. 1 Amount Feb. 1 Amount 2015 $105,000 57,648 162,648 2014 28,824 2015 28,824 2016 110,000 52,870 162,870 2015 26,435 2016 26,435 2017 115,000 47,756 162,756 2016 23,878 2017 23,878 2018 120,000 42,292 162,292 2017 21,146 2018 21,146 2019 130,000 36,232 166,232 2018 18,116 2019 18,116 2020 135,000 29,668 164,668 2019 14,834 2020 14,834 2021 140,000 22,850 162,850 2020 11,425 2021 11,425 2022 150,000 15,710 165,710 2021 7,855 2022 7,855 2023 155,000 8,060 163,060 2022 4,030 2023 4,030 1,160,000 313,086 1,473,086 156,543 156,543 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 126 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Debt Certificates of 2003 April 30, 2014 Date of Issue June 15, 2003 Date of Maturity December 15, 2018 Authorized Issue $4,800,000 Denomination of Bonds $5,000 Interest Rates 3.80% to 5.00% Interest Dates June 15 and December 15 Principal Maturity Date December 15 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 15 Amount Dec. 15 Amount 2015 $100,000 29,350 129,350 2014 14,675 2014 14,675 2016 100,000 25,450 125,450 2015 12,725 2015 12,725 2017 100,000 21,450 121,450 2016 10,725 2016 10,725 2018 100,000 17,300 117,300 2017 8,650 2017 8,650 2019 300,000 13,050 313,050 2018 6,525 2018 6,525 700,000 106,600 806,600 53,300 53,300 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 127 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Debt Certificates of 2004A April 30, 2014 Date of Issue March 1, 2004 Date of Maturity December 30, 2014 Authorized Issue $1,600,000 Denomination of Bonds $5,000 Interest Rates 1.40% to 3.60% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at BNY Midwest Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $190,000 6,840 196,840 2014 3,420 2014 3,420 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 128 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Refunding Debt Certificates of 2006A April 30, 2014 Date of Issue December 19, 2006 Date of Maturity December 30, 2022 Authorized Issue $5,555,000 Denomination of Bonds $5,000 Interest Rates 4.00% to 4.20% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at The Bank of New York Trust Company Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2015 $420,000 189,406 609,406 2014 94,703 2014 94,703 2016 435,000 172,606 607,606 2015 86,303 2015 86,303 2017 460,000 155,206 615,206 2016 77,603 2016 77,603 2018 475,000 136,806 611,806 2017 68,403 2017 68,403 2019 495,000 117,806 612,806 2018 58,903 2018 58,903 2020 850,000 98,006 948,006 2019 49,003 2019 49,003 2021 850,000 62,306 912,306 2020 31,153 2020 31,153 2022 390,000 26,606 416,606 2021 13,303 2021 13,303 2023 255,000 10,520 265,520 2022 5,260 2022 5,260 4,630,000 969,268 5,599,268 484,634 484,634 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal . STATISTICAL SECTION (Unaudited) This part of the comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City’s overall financial health. Financial Trends These schedules contain trend information to help the reader understand how the City’s financial performance and well-being have changed over time. Revenue Capacity These schedules contain information to help the reader assess the City’s most significant local revenue sources. Debt Capacity These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City’s ability to issue additional debt in the future. Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place. Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs. UNITED CITY OF YORKVILLE, ILLINOIS Net Position by Component - Last Ten Fiscal Years* April 30, 2014 (Unaudited) See Following Page 129 UNITED CITY OF YORKVILLE, ILLINOIS Net Position by Component - Last Ten Fiscal Years* April 30, 2014 (Unaudited) 2006 2007 2008 Governmental Activities Net Investment in Capital Assets $47,690,975 48,066,205 51,904,378 53,202,922 Restricted 4,487,837 11,373,193 6,819,743 3,630,544 Unrestricted (1,038,834) (6,407,838) (4,161,179) (658,755) Total Governmental Activities Net Position 51,139,978 53,031,560 54,562,942 56,174,711 Business-Type Activities Net Investment in Capital Assets 12,512,021 15,492,504 14,990,516 15,924,390 Restricted 3,155,589 3,314,989 5,387,523 4,898,626 Unrestricted (3,145,190) (825,405) (623,092) 175,008 Total Business-Type Activities Net Position 12,522,420 17,982,088 19,754,947 20,998,024 Primary Government Net Investment in Capital Assets 60,202,996 63,558,709 66,894,894 69,127,312 Restricted 7,643,426 14,688,182 12,207,266 8,529,170 Unrestricted (4,184,024) (7,233,243) (4,784,271) (483,747) Total Primary Government Net Position 63,662,398 71,013,648 74,317,889 77,172,735 * Accrual Basis of Accounting 2005 130 2009 2010 2011 2012 2013 2014 51,529,648 60,971,543 61,594,404 58,943,771 62,000,588 63,873,210 3,107,371 3,468,150 3,315,028 3,478,139 3,537,867 1,946,088 (2,038,061) (4,124,885) (3,827,879) 93,682 3,341,127 3,566,727 52,598,958 60,314,808 61,081,553 62,515,592 68,879,582 69,386,025 18,676,309 32,942,926 33,166,989 26,640,987 31,719,100 34,717,042 - 215,000 285,000 683,147 - - 3,212,121 2,904,916 2,608,587 13,406,883 13,502,177 13,015,100 21,888,430 36,062,842 36,060,576 40,731,017 45,221,277 47,732,142 70,205,957 93,914,469 94,761,393 85,584,758 93,719,688 98,590,252 3,107,371 3,683,150 3,600,028 4,161,286 3,537,867 1,946,088 1,174,060 (1,219,969) (1,219,292) 13,500,565 16,843,304 16,581,827 74,487,388 96,377,650 97,142,129 103,246,609 114,100,859 117,118,167 131 UNITED CITY OF YORKVILLE, ILLINOIS Changes in Net Position - Last Ten Fiscal Years* April 30, 2014 (Unaudited) 2006 2007 2008 2009 2010 2011 2012 2013 2014 Expenses Governmental Activities General Government $2,290,696 4,706,185 4,871,741 5,688,953 5,513,569 4,367,204 4,757,527 5,731,692 3,121,857 5,808,954 Public Safety 2,173,457 2,357,913 2,761,019 3,233,955 3,099,998 3,665,295 3,287,448 2,905,184 3,750,318 918,131 Community Development 702 7,045 502,434 553,220 502,929 447,491 394,687 307,053 356,689 2,029,523 Public Works 3,633,163 3,585,374 4,139,483 3,511,697 3,024,306 3,082,318 3,420,923 2,861,052 2,983,200 3,874,698 Library 404,863 485,566 757,256 955,385 1,044,318 1,103,649 1,170,275 871,050 932,748 407,537 Parks and Recreation 1,527,803 2,036,521 2,112,376 2,157,818 2,155,995 2,217,232 1,645,468 1,862,044 1,812,483 3,444,587 Unallocated Bad Debt Adjustment - - - - - 1,016,132 - - - - Interest on Long-Term Debt 193,838 656,664 958,673 723,618 741,303 757,192 723,246 704,213 691,551 698,519 Total Governmental Activities Expenses 10,224,522 13,835,268 16,102,982 16,824,646 16,082,418 16,656,513 15,399,574 15,242,288 13,648,846 17,181,949 Business-Type Activities Water 2,327,986 2,611,383 2,975,674 3,036,973 3,332,313 2,416,462 2,396,100 2,505,247 2,638,252 1,595,266 Sewer 6,425,836 1,200,778 1,242,655 1,177,924 1,322,270 1,569,785 1,628,159 1,653,025 1,630,023 2,710,511 Recreation Center - - - - 675,617 634,346 688,218 657,479 592,707 232,882 Total Business-Type Activities Expenses 8,753,822 3,812,161 4,218,329 4,214,897 5,330,200 4,620,593 4,712,477 4,815,751 4,860,982 4,538,659 Total Primary Government Expenses 18,978,344 17,647,429 20,321,311 21,039,543 21,412,618 21,277,106 20,112,051 20,058,039 18,509,828 21,720,608 Program Revenues Governmental Activities Charges for Services General Government 995,121 1,442,176 1,808,797 1,775,663 1,723,173 1,795,244 1,840,958 2,057,279 1,751,309 2,381,788 Public Safety 68,978 76,534 - - - - - - - - Public Works 188,000 208,455 - - 29,018 - - - - - Library 17,121 17,507 19,616 27,045 427,842 61,096 48,983 50,582 58,794 74,037 Parks and Recreation 521,267 534,018 578,148 376,857 - 388,913 342,311 265,698 265,614 299,478 Operating Grants/Contributions 324,958 360,026 41,925 778,342 19,664 629,822 830,767 633,091 696,058 1,135,659 Capital Grants/Contributions 7,501,077 1,296,050 3,940,737 1,909,670 922,409 10,650,597 1,596,067 1,409,412 3,317,256 1,229,829 Total Governmental Activities Program Revenues 9,616,522 3,934,766 6,389,223 4,867,577 3,122,106 13,525,672 4,659,086 4,416,062 6,089,031 5,120,791 Business-Type Activities Charges for Services Water 1,892,465 3,118,433 3,097,565 1,920,029 1,742,057 1,875,826 2,543,796 2,592,652 2,823,357 2,394,494 Sewer 2,067,065 3,055,326 3,477,706 855,334 789,781 1,991,015 1,476,558 1,366,022 1,358,420 1,130,954 Recreation - - - - 497,992 582,889 620,020 620,489 493,617 44,891 Operating Grants/Contributions - - - - - - - - - - Capital Grants/Contributions 6,755,200 1,111,679 2,085,002 1,895,447 343,578 14,473,957 241,344 2,433,079 4,829,491 1,658,648 Total Business-Type Activities Program Revenues 10,714,730 7,285,438 8,660,273 4,670,810 3,373,408 18,923,687 4,881,718 7,012,242 9,504,885 5,228,987 Total Primary Government Program Revenues 20,331,252 11,220,204 15,049,496 9,538,387 6,495,514 32,449,359 9,540,804 11,428,304 15,593,916 10,349,778 2005 132 Net (Expense) Revenue Governmental Activities $(608,000) (9,900,502) (9,713,759) (11,957,069) (12,960,312) (3,130,841) (10,740,488) (10,826,226) (7,559,815) (12,061,158) Business-Type Activities 1,960,908 3,473,277 4,441,944 455,913 (1,956,792) 14,303,094 169,241 2,196,491 4,643,903 690,328 Total Primary Government Net (Expense) Revenue 1,352,908 (6,427,225) (5,271,815) (11,501,156) (14,917,104) 11,172,253 (10,571,247) (8,629,735) (2,915,912) (11,370,830) General Revenues and Other Changes in Net Position Governmental Activities Taxes Property 1,711,861 2,258,419 1,950,798 3,644,499 3,670,632 4,087,698 4,281,902 4,953,862 4,743,599 4,670,934 Sales 2,285,995 2,586,288 2,647,678 2,507,664 2,474,549 2,480,213 2,577,651 2,962,810 4,409,926 4,573,026 Income 612,425 679,842 1,040,678 1,053,292 1,124,204 1,280,519 1,306,325 1,444,426 1,587,324 1,613,102 Utility 335,081 403,657 1,288,406 1,612,834 1,630,188 1,542,649 1,614,294 1,568,699 1,553,693 1,633,242 Other 848,331 956,982 480,941 534,601 861,936 641,360 780,863 963,524 922,439 988,822 Development Fees 2,640,061 3,296,849 2,646,071 2,447,936 454,822 - - - - - Interest 58,700 446,871 448,746 320,046 74,761 73,327 6,762 10,388 16,368 14,895 Miscellaneous 144,185 309,163 210,040 1,076,159 1,336,958 783,999 764,528 667,637 690,456 737,693 Transfers 740,498 405,419 2,754,737 540,525 (2,243,491) 134,209 174,908 - - (1,626,263) Total Governmental Activities 9,377,137 11,343,490 13,468,095 13,737,556 9,384,559 11,023,974 11,507,233 12,571,346 13,923,805 12,605,451 Business-Type Activities Property Taxes - - - - - - - 1,883,730 1,883,730 - Interest 172,084 365,278 352,654 230,212 52,314 5,527 3,401 2,687 9,542 11,491 Connection Fees - - - 1,670,495 549,578 - - - - - Miscellaneous - - 153,744 124,400 1,815 - - 60,691 (1,624,872) 182,783 Transfers (740,498) (405,419) (2,754,737) (540,525) 2,243,491 (134,209) (174,908) - - 1,626,263 Total Business-Type Activities (568,414) (40,141) (2,248,339) 1,484,582 2,847,198 (128,682) (171,507) 1,947,108 268,400 1,820,537 Total Primary Government 8,808,723 11,303,349 11,219,756 15,222,138 12,231,757 10,895,292 11,335,726 14,518,454 14,192,205 14,425,988 Changes in Net Position Governmental Activities 8,769,137 1,442,988 3,754,336 1,780,487 (3,575,753) 7,893,133 766,745 1,745,120 6,363,990 544,293 Business-Type Activities 1,392,494 3,433,136 2,193,605 1,940,495 890,406 14,174,412 (2,266) 4,143,599 4,912,303 2,510,865 Total Primary Government 10,161,631 4,876,124 5,947,941 3,720,982 (2,685,347) 22,067,545 764,479 5,888,719 11,276,293 3,055,158 * Accrual Basis of Accounting 133 UNITED CITY OF YORKVILLE, ILLINOIS Fund Balances of Governmental Funds - Last Ten Fiscal Years* 2005 2006 2007 General Fund Reserved $675,711 2,862,016 2,476,718 Unreserved 1,466,917 2,947,136 2,841,106 Nonspendable - - - Assigned - - - Unassigned - - - Total General Fund 2,142,628 5,809,152 5,317,824 All Other Governmental Funds Reserved 4,434,238 9,029,130 4,460,492 Unreserved, Reported in, Special Revenue Funds 934,163 1,492,566 444,906 Debt Service Funds 13,918 (9,494) (100,567) Capital Projects Funds (250,268) (208,136) (276,107) Nonspendable - - - Restricted - - - Committed - - - Assigned - - - Unassigned - - - Total All Other Governmental Funds 5,132,051 10,304,066 4,528,724 * Modified Accrual Basis of Accounting Note: The City adopted GASB Statement 54 for the fiscal year ended April 30, 2012. April 30, 2014 (Unaudited) 134 2008 2009 2010 2011 2012 2013 2014 287,036 164,587 39,497 136,917 - - - 2,665,300 1,230,953 (532,436) (408,817) - - - - - - - 153,770 139,985 156,680 - - - - 332,500 - - - - - - 784,353 4,083,835 3,703,901 2,952,336 1,395,540 (492,939) (271,900) 1,270,623 4,223,820 3,860,581 3,630,544 3,505,069 3,482,941 3,323,515 - - - 1,128,049 642,298 403,793 828,903 - - - (237,259) - - - - - - (514,524) (560,274) (626,102) (586,372) - - - - - - - 27,913 34,586 34,385 - - - - 3,565,649 3,549,913 1,951,407 - - - - 264,616 305,804 527,635 - - - - 428,933 504,314 824,301 - - - - (874,152) (571,615) (534,087) 4,006,810 3,587,093 3,260,632 3,566,046 3,412,959 3,823,002 2,803,641 135 UNITED CITY OF YORKVILLE, ILLINOIS Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years* 2005 2006 2007 2008 Revenues Taxes $5,101,695 6,165,165 6,100,171 7,966,070 Intergovernmental 1,078,383 1,178,918 1,610,978 2,164,579 Licenses, Permits and Fees 4,305,072 5,449,815 4,958,458 4,508,936 Charges for Services - - - - Fines and Forfeitures 72,613 80,534 94,174 118,565 Interest 54,812 446,871 448,746 320,046 Miscellaneous 192,538 298,499 438,340 989,443 Total Revenues 10,805,113 13,619,802 13,650,867 16,067,639 Expenditures General Government 3,303,080 4,488,151 5,000,288 5,652,456 Public Safety 1,960,107 2,165,111 2,589,749 3,015,178 Community Development 64,198 7,870 303 553,220 Public Works 3,247,086 3,715,663 2,602,247 4,473,822 Library 395,944 2,929,556 560,248 797,388 Parks and Recreation 1,439,335 2,101,502 1,923,584 2,231,553 Capital Outlay 712,060 535,107 7,943,295 1,654,695 Debt Service Cost of Issuance - - 14,150 - Principal Retirement 285,701 281,434 205,000 345,000 Interest and Fiscal Charges 154,865 235,875 958,673 768,817 Total Expenditures 11,562,376 16,460,269 21,797,537 19,492,129 Excess (Deficiency) of Revenues Over (Under) Expenditures (757,263) (2,840,467) (8,146,670) (3,424,490) Other Financing Sources (Uses) Disposal of Capital Assets 4,510 34,114 - 86,716 Adjustment for Bad Debts - - - - Debt Issuance 4,175,000 11,075,000 1,500,000 - Accrued Interest on Sale of Bonds 3,888 28,667 - - Bond Premium/(Discount)(21,679) 93,341 - - Payment to Escrow Agent - - (925,000) - Transfers In 3,006,973 2,337,829 3,602,435 2,803,008 Transfers Out (2,266,475) (1,932,410) (2,297,435) (2,262,483) 4,902,217 11,636,541 1,880,000 627,241 Net Change in Fund Balances 4,144,954 8,796,074 (6,266,670) (2,797,249) Debt Service as a Percentage of Noncapital Expenditures 4.200%3.400%8.020%7.104% * Modified Accrual Basis of Accounting April 30, 2014 (Unaudited) 136 2009 2010 2011 2012 2013 2014 8,350,100 8,694,985 9,254,138 10,020,005 6,767,061 5,176,481 1,350,083 1,910,171 2,479,758 2,906,407 7,545,978 9,469,590 2,476,691 894,871 486,264 336,683 400,718 393,746 - 1,252,904 1,519,004 1,842,620 1,479,712 2,169,670 139,875 166,078 228,009 194,256 195,287 191,887 74,761 73,327 6,762 10,388 16,368 14,895 1,344,427 676,539 763,503 667,637 690,456 737,693 13,735,937 13,668,875 14,737,438 15,977,996 17,095,580 18,153,962 5,065,127 4,590,261 4,724,320 5,501,632 3,498,104 5,685,541 3,160,730 3,260,256 2,886,313 2,849,067 3,568,665 3,834,655 502,929 423,835 395,291 307,053 365,188 407,537 1,752,822 1,976,664 2,038,458 1,926,169 1,841,795 2,207,757 828,294 915,195 975,587 691,525 752,373 737,191 2,035,413 1,532,422 1,360,244 1,488,018 1,450,824 1,644,065 2,199,602 242,005 376,030 101,133 572,022 2,050,456 - - - - - - 559,940 849,937 896,544 1,038,254 1,025,074 1,099,223 749,703 764,364 733,106 701,809 663,495 641,673 16,854,560 14,554,939 14,385,893 14,604,660 13,737,540 18,308,098 (3,118,623) (886,064) 351,545 1,373,336 3,358,040 (154,136) 9,081 - - 16,100 5,200 16,325 - (1,016,132) - - - - 937,500 - - - - 8,053,963 - - - - - - - - - - - 115,109 - - - - - (7,787,598) 2,924,616 2,046,452 1,848,135 1,047,727 1,504,002 2,881,535 (2,729,087) (1,912,243) (1,673,227) (1,047,727) (1,504,002) (4,507,798) 1,142,110 (881,923) 174,908 16,100 5,200 (1,228,464) (1,976,513) (1,767,987) 526,453 1,389,436 3,363,240 (1,382,600) 9.021%11.227%11.709%13.098%17.159%11.540% 137 UNITED CITY OF YORKVILLE, ILLINOIS Assessed Value and Actual Value of Taxable Property - Last Ten Fiscal Years April 30, 2014 (Unaudited) Tax Fiscal Levy Year Year 2005 2004 $176,051,368 $961,557 2006 2005 228,416,554 1,672,887 2007 2006 316,602,897 2,384,569 2008 2007 399,859,224 2,643,309 2009 2008 440,037,839 2,562,106 2010 2009 444,422,818 2,524,355 2011 2010 407,528,709 2,398,027 2012 2011 367,600,683 2,450,231 2013 2012 332,551,186 2,568,351 2014 2013 311,316,069 2,618,131 Data Source: Office of the County Clerk Note: Property is assess at 33% of actual value. Residential Property Farm 138 Total Direct Tax Rate $55,516,668 $5,809,502 $17,382 $238,356,477 0.583 68,704,340 6,781,706 17,425 305,592,912 0.514 71,761,771 8,068,081 17,328 398,834,646 0.455 98,576,640 8,541,508 17,328 509,638,009 0.416 117,707,447 6,914,772 17,328 567,239,492 0.427 124,381,958 6,921,977 17,328 578,268,436 0.437 122,304,406 6,820,310 17,328 539,068,780 0.902 112,753,206 7,283,729 17,328 490,105,177 0.705 101,264,981 6,720,962 17,328 443,122,808 0.749 99,434,012 6,656,792 17,328 420,042,332 0.774 Total Taxable AssessedRailroadIndustrialCommercial Property Property ValueProperty 139 UNITED CITY OF YORKVILLE, ILLINOIS Principal Property Taxpayers - Current Tax Levy Year and Eight Tax Levy Years Ago April 30, 2014 (Unaudited) Percentage Percentage of Total City of Total City Taxable Taxable Assessed Assessed Taxpayer Rank Value Rank Value Menard, Inc $7,568,986 1 1.80% Bank of America 6,001,794 2 1.43% Yorkville Shopping Center 3,968,109 3 0.94% Copley Ventures, Inc.3,726,607 4 0.89% Target Corporation 3,092,795 5 0.74% Wrigley Manufacturing Co., LLC 2,706,507 6 0.64%$4,948,400 1 1.62% Yorkville Leased Housing Assoc.2,341,056 7 0.56% Boombah Properties LLC 2,269,648 8 0.54% York Meadows LLC 2,254,626 9 0.54%1,433,840 4 0.47% Prime Yorkville LLC 1,805,566 10 0.43% First National Bank of DeKalb Trust 1,815,204 2 0.59% Yorkville National Bank 1,453,964 3 0.48% Castle Bank Yorkville 1,430,384 5 0.47% Bank of Ravenswood 1,233,312 6 0.40% Elite Yorkville LLC 963,714 7 0.32% Windrose Yorkville Properties 827,975 8 0.27% Walker Customer Homes, Inc 672,747 9 0.22% American National Bank & Trust of Chicago 615,009 10 0.20% 35,735,694 8.51%15,394,549 5.04% Data Source: Office of the County Clerk Note: 2004 data is unavailable so 2005 data is presented. Assessed Assessed Value Value 2013 Tax Levy 2005 Tax Levy Taxable Taxable UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Property Tax Rates - Last Ten Levy Years April 30, 2014 (Unaudited) See Following Page 140 UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Property Tax Rates - Last Ten Tax Levy Years April 30, 2014 (Unaudited) 2004 2005 2006 City Direct Rates Corporate 0.0239 0.0120 0.0142 Bonds and Interest - - - IMRF 0.0796 0.0617 0.0725 Police Protection 0.0750 0.0750 0.0788 Police Pension 0.0973 0.0819 0.0690 Garbage 0.1332 0.1220 0.0524 Audit 0.0062 0.0077 0.0081 Liability Insurance 0.0525 0.0390 0.0404 Social Security 0.1069 0.1048 0.1084 School Crossing Guard 0.0042 0.0062 0.0065 Unemployment Insurance 0.0038 0.0033 0.0044 Total Direct Rates 0.5826 0.5136 0.4547 Overlapping Rates Kendall County 0.6194 0.6156 0.5925 Kendall County Forest Preserve 0.0369 0.0335 0.0299 Bristol Township 0.3800 0.3500 0.3122 Bristol - Kendall Fire District 0.5940 0.5468 0.5484 Yorkville - Bristol Sanitary District 0.0486 0.0385 0.0339 Yorkville Community Unit School District #115 4.0829 4.3156 4.4474 Waubonsee Community College District #516 0.4104 0.3968 0.4005 Yorkville Public Library 0.1500 0.1500 0.3697 Total Direct and Overlapping Rates 6.9048 6.9604 7.1892 Data Source: Office of the County Clerk Notes: (1) Rates are per $100 of Assessed Value. (2) Representative tax rates for other government units are from Bristol Township 141 2007 2008 2009 2010 2011 2012 2013 0.0564 0.1329 0.1138 0.1472 0.2108 0.2354 0.2484 - - - 0.4105 0.1477 0.1097 0.0797 0.0968 0.0724 0.0778 0.0804 0.0918 0.1016 0.1071 0.0699 0.0550 0.0584 0.0620 0.0714 0.0790 0.0833 0.0589 0.0573 0.0583 0.0670 0.0900 0.1229 0.1493 - - - - - - - 0.0070 0.0073 0.0095 0.0098 0.0082 0.0068 0.0071 0.0391 0.0387 0.0583 0.0615 0.0082 0.0090 0.0095 0.0771 0.0541 0.0528 0.0546 0.0612 0.0677 0.0714 0.0047 0.0043 0.0042 0.0044 0.0051 0.0056 0.0060 0.0065 0.0047 0.0043 0.0045 0.0102 0.0113 0.0119 0.4164 0.4267 0.4374 0.9019 0.7046 0.7490 0.7738 0.5595 0.5724 0.5734 0.6396 0.6999 0.7446 0.8009 0.1292 0.0966 0.0944 0.1041 0.1205 0.1495 0.1640 0.2906 0.2921 0.2963 0.3246 0.3693 0.3934 0.4239 0.5738 0.5896 0.6007 0.6734 0.7176 0.7356 0.7718 0.0291 - - - - - - 4.4474 4.5923 4.6973 5.2767 5.9101 6.7561 7.4081 0.3924 0.3990 0.4037 0.4115 0.4702 0.5306 0.5691 0.2210 0.2099 0.2172 0.2589 0.3042 0.3242 0.3241 7.0594 7.1786 7.3204 8.5907 9.2964 10.3830 11.2357 142 UNITED CITY OF YORKVILLE, ILLINOIS Property Tax Levies and Collections - Last Ten Fiscal Years April 30, 2014 (Unaudited) Tax Fiscal Levy Percentage Percentage Year Year of Levy of Levy 2005 2003 $1,287,453 $1,283,911 99.72%- $1,283,911 99.72% 2006 2004 1,388,667 1,387,085 99.89%- 1,387,085 99.89% 2007 2005 1,569,528 1,566,118 99.78%- 1,566,118 99.78% 2008 2006 1,813,501 1,813,308 99.99%- 1,813,308 99.99% 2009 2007 2,122,133 2,101,984 99.05%- 2,101,984 99.05% 2010 2008 2,420,411 2,407,483 99.47%- 2,407,483 99.47% 2011 2009 2,529,057 2,521,570 99.70%- 2,521,570 99.70% 2012 2010*4,862,185 4,849,681 99.74%- 4,849,681 99.74% 2013 2011*3,452,742 3,435,616 99.50%- 3,435,616 99.50% 2014 2012*3,318,990 3,193,672 96.22%- 3,193,672 96.22% Data Source: Office of the County Treasurer * The 2010, 2011, and 2012 tax levy extended amount includes bonds and interest in the amount of $2,212,770, $723,689 and $486,150, respectively, that were previously abated. ** Includes property taxes collected in the current year that may be attributable to prior years. These collections, if any, are immaterial as 99% or greater of the current year's tax levy has historically been collected during the respective fiscal year. Additionally, information to associate any non-current tax collections to a specific tax levy is not readily available. Note: Property in the City is reassessed each year. Property is assessed at 33% of actual value. Taxes Collected within the Collections Levied for Fiscal Year of the Levy in Total Collections to Date ** Subsequent Year Amount Years Amount the Fiscal 143 , UNITED CITY OF YORKVILLE, ILLINOIS Estimate of Taxable Sales by Category - Last Ten Calendar Years April 30, 2014 (Unaudited) See Following Page 143 UNITED CITY OF YORKVILLE, ILLINOIS Estimate of Taxable Sales by Category - Last Ten Calendar Years April 30, 2014 (Unaudited) 2004 2005 2006 General Merchandise*$- - - Food 358,048 353,518 376,442 Drinking and Eating Places 148,652 171,582 203,071 Apparel*- - - Furniture & H.H. & Radio 38,194 44,865 44,882 Lumber, Building Hardware 1,131,354 1,288,827 556,171 Automobile and Filling Stations 78,129 82,376 109,129 Drugs and Miscellaneous Retail 188,871 219,702 969,694 Agriculture and All Others 158,624 199,207 274,340 Manufacturers 56,306 109,375 124,549 Total 2,169,045 2,479,311 2,662,379 City Direct Sales Tax Rate 1.00%1.00%1.00% Data Source: Illinois Department of Revenue - Local Tax Allocation Division Data available for calendar year only. * Data by category is not available from the State of Illinois for categories with less than four taxpayers. However, they are included in the totals. Per the State of Illinois, there must not have been four taxpayers during the year 2003 through 2006. 144 2007 2008 2009 2010 2011 2012 2013 51,257 276,566 449,732 508,825 555,129 571,210 594,685 390,544 326,495 276,477 258,675 262,556 259,509 266,937 214,845 230,623 236,676 248,772 268,418 279,649 293,131 4,228 19,792 52,413 58,032 68,320 85,797 88,739 43,654 26,443 15,300 21,282 - 7,727 3,370 854,375 715,491 347,804 359,245 352,669 362,987 413,711 109,474 143,432 164,330 187,309 194,135 178,282 156,091 522,118 347,137 372,802 562,570 603,718 582,001 597,615 284,907 250,300 175,964 53,410 58,065 64,558 89,360 111,043 167,006 302,537 323,334 191,287 78,346 89,239 2,586,447 2,503,286 2,394,036 2,581,452 2,554,297 2,470,066 2,592,877 1.00%1.00%1.00%1.00%1.00%2.00%2.00% 145 UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Sales Tax Rates - Last Ten Fiscal Years April 30, 2014 (Unaudited) Local City County Total Fiscal State Sales Tax Non-Home Rule County Public Safety Sales Tax Year Sales Tax to City Sales Tax*Sales Tax Property Rate 2005 5.00%1.00%0.00%0.25%0.50%6.75% 2006 5.00%1.00%0.00%0.25%0.50%6.75% 2007 5.00%1.00%0.00%0.25%0.50%6.75% 2008 5.00%1.00%0.00%0.25%1.00%7.25% 2009 5.00%1.00%0.00%0.25%1.00%7.25% 2010 5.00%1.00%0.00%0.25%1.00%7.25% 2011 5.00%1.00%0.00%0.25%1.00%7.25% 2012 5.00%1.00%1.00%0.25%1.00%8.25% 2013 5.00%1.00%1.00%0.25%1.00%8.25% 2014 5.00%1.00%1.00%0.25%1.00%8.25% Data Source: Illinois Department of Revenue *Non-Home Rule Sales Tax was implemented on January 1, 2012. The above tax rates are for General Merchandise. UNITED CITY OF YORKVILLE, ILLINOIS Ratios of Outstanding Debt by Type - Last Ten Fiscal Years April 30, 2014 (Unaudited) See Following Page 146 UNITED CITY OF YORKVILLE, ILLINOIS Ratios of Outstanding Debt by Type - Last Ten Fiscal Years April 30, 2014 (Unaudited) Fiscal Year 2005 $4,045,000 $1,835,000 $1,576,171 $1,890 $3,500,000 2006 15,065,000 1,735,000 1,449,737 1,890 16,680,000 2007 16,475,000 695,000 - 106,890 19,540,000 2008 16,255,000 570,000 450,000 106,890 19,300,000 2009 15,945,000 430,000 1,277,560 106,890 19,070,000 2010 15,365,000 285,000 1,152,623 1,890 18,855,000 2011 14,715,000 190,000 1,001,079 1,890 18,605,000 2012 13,925,000 95,000 847,825 1,890 18,175,000 2013 13,025,000 - 855,601 1,890 17,905,000 2014 12,520,000 - 940,341 1,890 16,855,000 Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. (1) See the Schedule of Demographic and Economic Statistics for personal income and population data. * IEPA Loan L17-013000 and L17-115300 were reported as Governmental Activities prior to Fiscal Year 2007. Debt Obligation and Alternative Loans General Revenue Source Commitments Alternative Obligation and Payable * Other Revenue Source Governmental Activities Bonds Certificates Bonds General 147 Percentage of Personal Income (1) $11,617,428 $- $- $22,575,489 6.30%$2,569 11,534,594 - - 46,466,221 12.37%4,147 10,423,461 2,752,666 1,319,742 51,312,759 12.75%4,580 10,198,112 3,062,837 3,114,694 53,057,533 12.50%4,736 9,932,125 2,884,366 2,670,505 52,316,446 12.03%3,107 9,571,912 2,686,846 2,523,422 50,441,693 12.34%2,996 9,064,112 2,483,882 2,296,958 48,357,921 11.51%2,858 8,460,000 2,275,320 2,065,958 45,845,993 10.60%2,709 7,465,000 2,060,997 1,952,534 43,266,022 9.90%2,557 6,680,000 1,880,084 1,919,909 40,797,224 8.87%2,411 Total Loans IEPA Per Capita (1) Debt Primary GovernmentCertificatesCommitmentsPayable Business-Type Activities Other 148 April 30, 2014 (Unaudited) Percentage of Total Taxable Assessed Fiscal Value of Year Property (1) 2005 $4,075,000 $- $4,075,000 1.71%$463.65 2006 7,545,000 - 7,545,000 2.47%673.42 2007 31,745,000 - 31,745,000 7.96%2,833.36 2008 36,015,000 - 36,015,000 7.07%3,214.48 2009 35,555,000 - 35,555,000 6.27%2,111.59 2010 35,015,000 - 35,015,000 6.06%2,079.52 2011 34,220,000 - 34,220,000 6.35%2,022.34 2012 33,320,000 578,443 32,741,557 6.68%1,934.97 2013 30,930,000 - 30,930,000 6.98%1,827.91 2014 29,375,000 - 29,375,000 6.99%1,736.01 Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. (1) See the Schedule of Assessed Value and Actual Value of Taxable Property for property value data. (2) See the Schedule of Demographic and Economic Statistics for personal income and population data. UNITED CITY OF YORKVILLE, ILLINOIS Ratios of General Bonded Debt Outstanding - Last Ten Fiscal Years General Obligation and Alternative Bonds Total Per Capita (2) Less: Amounts Debt Service Available in Revenue Source 149 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Direct and Overlapping Governmental Activities Debt (2) Percentage of (3) Debt (1)Applicable Governmental Unit to City * United City of Yorkville $13,462,231 100.000%$13,462,231 Overlapping Debt County of Kendall (4)37,933,762 16.62%6,304,591 Forest Preserve District of Kendall County 48,071,000 16.62%7,989,400 Yorkville Community Unit School District #115 80,956,441 58.31%47,205,701 Waubonsee Community College District #516 80,361,775 5.31%4,267,210 Plano Community Unit School District #88 27,248,918 0.43%117,170 Newark Community Consolidated School District #66 1,495,000 0.36%5,382 Total Overlapping Debt 276,066,896 65,889,455 Total Direct and Overlapping Debt 289,529,127 79,351,686 Data Source: Kendall County Tax Extension Department * Determined by ratio of assessed valuation of property subject to taxation in the City to valuation of property subject to taxation in overlapping unit. Notes: (1) As of April 30, 2014. (2) Percentages are based on 2012 EAV's, the latest available. (3) The United City of Yorkville has $89,787,000 in outstanding non-committal debt which is expected to be paid from sources other than City revenues. (4) Includes Public Building Commission. Share of Gross Debt Debt April 30, 2014 (Unaudited) City's 150 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Legal Debt Margin - Last Ten Fiscal Years 2005 2006 2007 2008 Legal Debt Limit $20,558,246 26,357,389 34,399,488 43,956,278 Total Net Debt Applicable to Limit 13,452,428 20,519,594 19,868,461 19,518,112 Legal Debt Margin 7,105,818 5,837,795 14,531,027 24,438,166 Total Net Debt Applicable to the Limit as a Percentage of Debt Limit 65.44%77.85%57.76%44.40% April 30, 2014 (Unaudited) 151 2009 2010 2011 2012 2013 2014 48,924,406 49,875,653 46,494,682 42,271,572 38,219,342 36,228,651 19,037,125 18,356,912 17,529,112 24,860,000 22,945,000 19,290,000 29,887,281 31,518,741 28,965,570 17,411,572 15,274,342 16,938,651 38.91%36.81%37.70%58.81%60.04%53.25% Assessed Value $420,042,332 Bonded Debt Limit - 8.625% of Assessed Value 36,228,651 Amount of Debt Applicable to Limit 19,290,000 Legal Debt Margin 16,938,651 Legal Debt Margin Calculation for Fiscal Year 2014 152 Governmental Activities Fiscal Year Coverage 2005 $34,089 $- $266,318 $- $300,407 $55,000 $24,293 3.79 2006 70,997 - 266,560 2,548,784 2,886,341 55,000 124,045 16.12 2007 130,078 696,096 291,666 2,676,261 3,794,101 90,000 426,142 7.35 2008 177,205 933,623 328,650 2,506,434 3,945,912 220,000 317,662 7.34 2009 215,853 922,095 307,882 2,500,285 3,946,115 235,000 308,801 7.26 2010 222,927 833,669 434,263 2,446,099 3,936,958 405,000 299,239 5.59 2011 234,718 873,999 425,971 2,569,233 4,103,921 425,000 283,604 5.79 2012 586,590 - 417,416 2,552,483 3,556,489 440,000 267,104 5.03 2013 364,742 - 402,932 2,490,503 3,258,177 460,000 249,609 4.59 2014 315,790 - - 2,586,460 2,902,250 400,000 230,917 4.60 Notes: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. Series 2002 Bonds were payable from Motor Fuel Taxes and incremental property taxes, if any, from the Fox Industrial Park Area of the City; the Series 2005 Bonds are payable from revenues from Sales Taxes; and the Series 2005A Bonds were payable from Utility Taxes and are currently payable from Property Taxes. Utility Fuel Sales UNITED CITY OF YORKVILLE, ILLINOIS Pledged-Revenue Coverage - Last Ten Fiscal Years Property/Municipal Debt Service Motor Property Municipal Net Available April 30, 2014 (Unaudited) Incremental Tax Tax Tax Principal InterestTaxRevenue 153 Business-Type Activities Fiscal Year Coverage 2005 $12,666,654 $8,336,791 $612,425 $- $4,942,288 $- $100,196 $49.33 2006 6,133,618 3,271,081 679,842 - 3,542,379 120,000 150,437 13.10 2007 4,326,932 2,696,903 1,040,678 - 2,670,707 160,000 708,001 3.08 2008 4,259,945 2,528,710 1,053,292 - 2,784,527 240,000 777,258 2.74 2009 5,278,990 2,339,379 1,004,980 - 3,944,591 230,000 789,840 3.87 2010 3,738,010 1,978,482 1,277,889 - 3,037,417 235,000 813,634 2.90 2011 4,020,017 1,895,466 1,315,321 - 3,439,872 250,000 804,306 3.26 2012 5,891,708 2,776,270 1,444,426 410,327 4,970,191 260,000 793,668 4.72 2013 4,432,710 2,895,830 1,587,324 1,919,423 5,043,627 270,000 769,100 4.85 2014 3,379,454 1,695,780 1,613,102 1,986,566 5,283,342 1,050,000 759,986 2.92 Notes: Details regarding the City's outstanding debt can be found in the notes to the financial statements. Water and Sewer revenues exclude capital contributions and developer donations. Operating expenses do not include depreciation or amortization expenses. UNITED CITY OF YORKVILLE, ILLINOIS Pledged-Revenue Coverage - Last Ten Fiscal Years Principal Interest Less: Debt Service Net Available Revenue Expenses Rule Tax Non-Home Sales Tax State Income April 30, 2014 (Unaudited) Sewer Revenues Water and Operating 154 School Calendar Population Median Enrollment Unemployment Year (1)Age (1)(2)Rate (3) 2004 8,789 $358,599,883 $30,424 33.2 2,864 3.40% 2005 11,204 375,514,878 30,685 33.2 3,172 3.20% 2006 11,204 402,538,733 31,750 33.2 3,561 2.60% 2007 11,204 424,522,760 32,976 33.2 4,270 3.10% 2008 16,838 434,960,364 34,608 33.2 4,774 3.80% 2009 16,838 408,689,885 33,213 33.2 5,105 6.60% 2010 16,921 420,050,647 35,360 32.4 5,283 6.40% 2011 16,921 432,442,141 38,151 32.4 5,426 5.90% 2012 16,921 436,998,041 38,151 32.4 5,474 5.20% 2013 16,921 459,981,371 48,305 32.4 5,630 8.20% Data Source: (1) U.S. Census (2) Data provided by School District Administrative Offices (3) Illinois Department of Employment Security, Economic Information and Analysis (4) U.S. Bureau of Economic Analysis: Chicago-Naperville-Joliet Metropolitan Statistical Area Income (4) UNITED CITY OF YORKVILLE, ILLINOIS Demographic and Economic Statistics - Last Ten Calendar Years Personal Income (4) Per Capita Personal April 30, 2014 (Unaudited) 155 UNITED CITY OF YORKVILLE, ILLINOIS Principal Employers - Current Calendar Year and Eight Calendar Years Ago Percentage Percentage of Total of Total City City Employer Rank Employment Rank Employment Raging Waves (Seasonal)450 1 2.66% Wrigley Manufacturing Co.323 2 1.91%500 1 4.46% Super Target 180 3 1.06% Mendards Mega Store 140 4 0.83% Jewel/Osco 130 5 0.77% Newlywed Foods 115 6 0.68%115 2 1.03% Kohl's 115 6 0.68% Boombah, Inc 90 7 0.53% Hillside Health Care Center 90 7 0.53% Home Depot 85 8 0.50% Wheatland Title 65 9 0.38% Marshalls 50 10 0.30% Brenart Eye Clinic 50 10 0.30%50 3 0.45% C.J. Insulation, Inc 50 10 0.30%40 4 0.36% Cascade Waterworks Co.40 4 0.36% Bristol Equipment Co.25 5 0.22% G.H. Haws & Assoc.25 5 0.22% Alphs Precision 20 6 0.18% Waste Technology, Inc.20 6 0.18% 1,933 11.43%835 7.46% Data Source: City Economic Development Corporation Records and Illinois Manufacturers Directory. Note: 2004 data is unavailable so 2005 data is presented. April 30, 2014 (Unaudited) Employees Employees 2013 Calendar Year 2005 Calendar Year 156 UNITED CITY OF YORKVILLE, ILLINOIS Full-Time and Part-Time Government Employees by Function - Last Ten Fiscal Years 2005 2006 2007 Full Time General Government Administration 12 13 15 Finance N/A N/A N/A Community Relations N/A N/A N/A Engineering 5 5 5 Community Development N/A N/A 4 Public Safety Police Officers 23 24 28 Civilians 3 3 4 Public Works Streets 4 5 5 Water 6 6 6 Sewer 2 4 4 Culture & Recreation Parks 9 7 9 Recreation 6 6 7 Library 3 4 4 Part Time General Government Administration 3 1 2 Community Relations N/A N/A N/A Community Development N/A N/A N/A Public Safety Police Officers 5 3 1 Civilians 3 4 7 Public Works Water 1 - - Parks & Recreation Parks 6 6 5 Recreation 11 18 27 Library 11 12 31 Total 113 121 164 Data Source: City Human Resource Department N/A - Not Available April 30, 2014 (Unaudited) 157 2008 2009 2010 2011 2012 2013 2014 9 7 5 4 4 4 4 6 6 5 4 4 4 4 N/A 1 1 - - - - 6 7 4 3 - - - 6 5 4 3 2 3 4 29 30 27 25 25 26 28 5 5 5 3 3 2 3 5 5 6 5 5 5 5.3 6 6 6 6 5.5 5.3 5.3 4 3 4 3 3.5 3.3 3.3 9 9 8 8 8 9 8.5 7 7 6 4 4 6 4.5 4 5 5 5 5 5 5 1 - - - - 1 1 N/A 1 - - - - - N/A - 1 1 1 2 1 3 2 2 3 5 6 5 7 7 6 6 7 9 10 - - - - - - - 5 1 2 2 3 4 4 33 29 38 40 40 16 3 35 33 33 30 30 26 25 180 169 168 155 155 136 124 158 UNITED CITY OF YORKVILLE, ILLINOIS Operating Indicators by Function/Program - Last Ten Fiscal Years 2005 2006 2007 2008 Police Arrests Made 1,308 1,536 1,506 1,891 Parking Violations N/A N/A N/A N/A Traffic Violations 6,960 2,848 6,610 9,571 Reports Taken 2,598 3,006 3,290 3,479 Calls for Service 11,000 13,435 15,031 17,523 Community Development Permits Issued 1,571 1,395 1,420 1,173 Public Works Street Resurfacing (Miles)2.92 - - 2.99 Snow and Ice Control (Tons of Salt)N/A N/A 991.48 2,448.75 Pothole Repairs (Tons of Asphalt)N/A N/A 19.87 325.21 Water Number of Accounts 3,766 4,376 5,129 5,669 Total Annual Consumption (Cubic Feet)N/A N/A N/A N/A Average Daily Consumption (Cubic Feet)N/A N/A N/A N/A Data Source: Various City Departments * Police information is presented on a calendar year basis. Operating indicators for 2014 are thru June. N/A - Not Available April 30, 2014 (Unaudited) 159 2009 2010 2011 2012 2013 2014 1,732 657 531 700 547 277* N/A 845 918 1,501 846 361* 10,891 4,436 3,729 4,338 4,287 1,829* 3,302 2,798 2,236 1,815 1,813 899* 18,614 13,533 12,170 13,311 11,860 5,686* 725 593 570 566 593 576 - - - - - 1.69 2,274.78 2,213.00 1,900.03 1,986.36 1,080.67 1,349.43 52.18 246.05 226.96 286.43 335.91 252.27 5,862 5,969 6,051 5,947 6,189 6,135 59,363,940 59,485,277 62,574,451 59,828,300 66,401,150 59,546,024 162,641 162,973 171,437 163,913 181,921 163,140 160 UNITED CITY OF YORKVILLE, ILLINOIS Capital Asset Statistics by Function/Program - Last Ten Fiscal Years 2005 2006 2007 Public Safety Police Stations 1.00 1.00 1.00 Patrol Units N/A N/A N/A Public Works Streets (Miles)36.28 36.28 41.56 Traffic Signals 17.00 17.00 19.00 Storm Sewers (Miles)36.54 40.72 48.17 Water Water Mains (Miles)29.05 38.80 41.56 Fire Hydrants 852 906 929 Sewer Sanitary Sewers (Miles)34.21 34.88 37.88 Lift Stations 3.00 3.00 4.00 Data Source: Various City Departments N/A - Not Available April 30, 2014 (Unaudited) 161 2008 2009 2010 2011 2012 2013 2014 1.00 1.00 1.00 1.00 1.00 1.00 1.00 N/A N/A 23.00 24.00 19.00 20.00 20.00 44.29 45.49 56.00 59.56 60.79 82.00 83.20 26.00 26.00 26.00 26.00 26.00 26.00 26.00 54.10 55.65 68.90 69.63 72.91 80.43 83.21 46.64 47.37 58.85 59.88 61.97 66.65 68.28 989 1,001 1,188 1,207 1,239 1,327 1,349 42.71 43.01 53.43 54.25 55.48 59.29 60.39 5.00 5.00 7.00 7.00 7.00 7.00 7.00 162 UNITED CITY OF YORKVILLE, ILLINOIS New Permits and Construction Values - Last Ten Calendar Years Calendar Permits Permits Permits Permits Year Issued Issued Issued Issued 2005 42 $19,816,700 508 $90,925,761 105 $16,132,690 655 $126,875,151 2006 42 27,155,000 448 77,019,310 275 52,593,360 765 156,767,670 2007 62 67,661,597 282 51,887,148 137 20,854,148 481 140,402,893 2008 39 12,776,625 105 18,993,634 52 10,788,180 196 42,558,439 2009 19 11,122,644 56 13,229,042 8 1,600,000 83 25,951,686 2010 11 445,727 43 12,155,740 6 529,607 60 13,131,074 2011 6 4,742,704 43 6,285,744 - - 49 11,028,448 2012 7 1,016,600 69 10,318,804 - - 76 11,335,404 2013 9 3,149,000 83 12,287,740 - - 92 15,436,740 2014*6 3,140,000 37 6,608,886 - - 43 10,018,886 Data Source: City Records * Includes permits issued through July 31, 2014. Residential Construction Multi-Family Total April 30, 2014 (Unaudited) Commercial Construction Residential Construction Single-Family Construction Value Construction Value Construction Value Construction Value Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number CA #1 Tracking Number ADM 2014-59 Monthly Treasurer’s Report for July and August 2014 City Council – October 14, 2014 ADM 9/25/14 Moved to Consent Agenda ADM 2014-59 Majority Approval Rob Fredrickson Finance Name Department Beginning Fund Balance July Revenues YTD Revenues Revenues Budget % of YTD Budget July Expenses YTD Expenses Expenses Budget % of YTD Budget Projected Ending Fund Balance General Fund 01 - General 3,860,573 842,250 4,196,520 13,726,625 31%957,618 2,809,035 13,570,112 21%5,248,058 Special Revenue Funds 15 - Motor Fuel Tax 1,030,454 33,233 204,446 483,000 42%31,785 54,006 863,499 6%1,180,894 79 - Parks and Recreation 546,482 136,559 562,139 1,765,856 32%171,673 480,077 1,911,447 25%628,544 72 - Land Cash 187,985 7,447 46,029 73,000 63%46,449 48,027 406,850 12%185,986 87 - Countryside TIF (534,088) 5,258 6,598 20,000 33%915 36,291 91,398 40%(563,781) 88 - Downtown TIF 231,532 1,305 31,567 85,075 37%18,490 22,195 52,788 42%240,904 11 - Fox Hill SSA 11,135 149 4,383 8,536 51%286 286 19,603 1%15,233 12 - Sunflower SSA 2,574 63 8,782 17,416 50%1,868 4,718 35,985 13%6,638 Debt Service Fund 42 - Debt Service 5,318 55,567 221,960 332,179 67%2,331 56,003 330,354 17%171,275 Capital Funds 25 - Vehicle and Equipment 147,746 23,466 80,552 434,553 19%103,803 152,929 559,202 27%75,369 23 - City-Wide Capital 676,555 98,867 421,116 6,549,840 6%54,346 91,616 2,548,272 4%1,006,055 Enterprise Funds 51 - Water 1,350,923 23,614 500,154 2,839,226 18%108,964 541,627 3,093,781 18%1,309,450 52 - Sewer 2,879,168 96,942 484,323 2,385,472 20%71,823 428,471 3,217,226 13%2,935,020 Library Funds 82 - Library Operations 471,076 17,817 364,802 732,685 50%54,581 172,621 783,453 22%663,258 83 - Library Debt Service - 12,226 375,623 731,351 51%- 113,160 731,321 15%262,463 84 - Library Capital 26,871 551 4,553 20,020 23%7,964 9,951 55,015 18%21,473 Total Funds 10,894,304 1,355,314 7,513,548 30,204,834 25%1,632,894 5,021,013 28,270,306 18%13,386,839 Rob Fredrickson, Finance Director/Deputy Treasurer Cash Basis As Deputy Treasurer of the United City of Yorkville, I hereby attest, to the best of my knowledge, that the information contained in this Treasurer's Report is accurate as of the date detailed herein. Further information is available in the Finance Department. UNITED CITY OF YORKVILLE TREASURER'S REPORT - for the period ending July 31, 2014 Beginning Fund Balance August Revenues YTD Revenues Revenues Budget % of YTD Budget August Expenses YTD Expenses Expenses Budget % of YTD Budget Projected Ending Fund Balance General Fund 01 - General 3,860,581 1,122,698 5,319,218 13,726,625 39%984,184 3,793,219 13,570,112 28%5,386,580 Special Revenue Funds 15 - Motor Fuel Tax 1,030,456 123,761 328,206 483,000 68%76,798 130,803 863,499 15%1,227,859 79 - Parks and Recreation 546,485 141,953 704,157 1,765,856 40%221,180 701,257 1,911,447 37%549,384 72 - Land Cash 187,984 43,235 89,264 73,000 122%17,093 65,120 406,850 16%212,127 87 - Countryside TIF (534,087) 698 7,296 20,000 36%840 37,132 91,398 41%(563,922) 88 - Downtown TIF 231,529 6,804 38,371 85,075 45%2,550 24,745 52,788 47%245,155 11 - Fox Hill SSA 11,134 309 4,692 8,536 55%1,616 1,901 19,603 10%13,925 12 - Sunflower SSA 2,574 670 9,452 17,416 54%697 5,415 35,985 15%6,612 Debt Service Fund 42 - Debt Service 5,319 2,338,411 2,560,371 332,179 771%2,393,059 2,449,063 330,354 741%116,628 Capital Funds 25 - Vehicle and Equipment 147,746 29,526 110,078 434,553 25%9,419 162,348 559,202 29%95,476 23 - City-Wide Capital 676,555 4,431,655 4,853,271 6,549,840 74%92,318 183,933 2,548,272 7%5,345,892 Enterprise Funds 51 - Water 1,350,923 503,274 1,003,428 2,839,226 35%289,938 831,566 3,093,781 27%1,522,785 52 - Sewer 2,879,168 288,904 773,227 2,385,472 32%61,006 489,477 3,217,226 15%3,162,918 Library Funds 82 - Library Operations 471,076 34,454 399,257 732,685 54%100,476 273,097 783,453 35%597,236 83 - Library Debt Service - 35,601 411,224 731,351 56%- 113,160 731,321 15%298,064 84 - Library Capital 26,870 3,151 7,704 20,020 38%412 10,363 55,015 19%24,211 Total Funds 10,894,313 9,105,103 16,619,216 30,204,834 55%4,251,587 9,272,599 28,270,306 33%18,240,930 Rob Fredrickson, Finance Director/Deputy Treasurer Cash Basis As Deputy Treasurer of the United City of Yorkville, I hereby attest, to the best of my knowledge, that the information contained in this Treasurer's Report is accurate as of the date detailed herein. Further information is available in the Finance Department. UNITED CITY OF YORKVILLE TREASURER'S REPORT - for the period ending August 31, 2014 Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number CA #2 Tracking Number ADM 2014-62 Budget Amendment for Greenbriar Pond Naturalization City Council – October 14, 2014 ADM – 9/25/14 Moved to Consent Agenda ADM 2014-62 See attached memo. Rob Fredrickson Finance Name Department Summary Amend the fiscal year 2015 budget to include appropriations for Greenbriar Pond improvements. Background This item was discussed at the August 19th Public Works Committee meeting, and subsequently approved by the City Council on August 26th. The attached ordinance amends the FY 2015 budget to include expenditures related to the naturalization of Greenbriar Pond. The estimated cost of this project is approximately $31,000, with relating expenditures charged to line item 23-230-60-00-6018 in the City-Wide Capital Fund. The budget ordinance, revised FY 2015 City-Wide Capital budget sheets (Schedule A), along with the project and bid information presented at the August 26th Council meeting (Schedule B), has been attached for your review and consideration. Recommendation Staff recommends approval of the first amendment to the fiscal year 2015 budget. Memorandum To: Administration Committee From: Rob Fredrickson, Finance Director Date: September 17, 2014 Subject: Greenbriar Pond Naturalization – Budget Amendment Ordinance No. 2014-____ Page 1 Ordinance No. 2014-____ AN ORDINANCE AUTHORIZING THE FIRST AMENDMENT TO THE ANNUAL BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR COMMENCING ON MAY 1, 2014 AND ENDING ON APRIL 30, 2015 WHEREAS, the United City of Yorkville (the “City”) is a duly organized and validly existing non-home rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, pursuant to 65 ILCS 5/8-2-9.4, the City adopted Ordinance No. 2014-10 on April 10, 2014 adopting an annual budget for the fiscal year commencing on May 1, 2014 and ending on April 30, 2015; and, WHEREAS, pursuant to 65 ILCS 5/8-2-9.6, by a vote of two-thirds of the members of the corporate authorities then holding office, the annual budget of the United City of Yorkville may be revised by deleting, adding to, changing or creating sub-classes within object classes and object classes themselves. No revision of the budget shall be made increasing the budget in the event funds are not available to effectuate the purpose of the revision; and, WHEREAS, funds are available to effectuate the purpose of this revision. NOW THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1: That the amounts shown in Schedule A, attached hereto and made a part hereof by reference, increasing and/or decreasing certain object classes and decreasing certain fund balances in the city wide capital fund with respect to the United City of Yorkville’s 2014- 2015 Budget are hereby approved. Section 2: This ordinance shall be in full force and effect from and after its passage and approval according to law. Ordinance No. 2014-____ Page 2 Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this _____ day of _______________ 2014. ______________________________ CITY CLERK CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this _____ day of _______________ 2014. ______________________________ MAYOR FY 2015 FY 2015 FY 2012 FY 2013 FY 2014 FY 2014 Adopted Amended Actual Actual Budget Actual Budget Budget Revenue Intergovernmental - 61,635 327,600 230,839 105,960 105,960 Licenses & Permits 92,417 94,675 20,250 83,542 20,250 20,250 Charges for Service - - 669,120 684,319 680,000 680,000 Investment Earnings 114 243 250 204 3,000 3,000 Reimbursements 9,586 20,007 327,551 89,356 885,630 885,630 Other Financing Sources 125,000 457,182 435,401 464,364 4,855,000 4,855,000 Total Revenue 227,117 633,742 1,780,172 1,552,624 6,549,840 6,549,840 Expenditures Contractual Services 14,780 175,608 50,000 94,194 130,000 130,000 Supplies - - - - 25,000 25,000 Capital Outlay 6,793 210,605 1,323,973 1,033,122 2,303,022 2,334,022 Debt Service 125,000 - 83,333 75,000 85,000 85,000 Other Financing Uses - - 5,250 2,479 5,250 5,250 Total Expenditures 146,573 386,213 1,462,556 1,204,795 2,548,272 2,579,272 Surplus (Deficit)80,544 247,529 317,616 347,829 4,001,568 3,970,568 Municipal Building Fund Balance - - - - - - City-Wide Capital Fund Balance 81,196 328,726 691,053 676,555 4,662,971 4,647,123 Ending Fund Balance 81,196 328,726 691,053 676,555 4,662,971 4,647,123 The City-Wide Capital Fund is used to maintain existing and construct new public infrastructure, and to fund other improvements that benefit the public. City-Wide Capital Fund (23) $0 $1,000 $2,000 $3,000 $4,000 $5,000 Th o u s a n d s Fund Balance 1 23 FY 2012 FY 2013 FY 2014 FY 2014 FY 2015 FY 2015 Account Actual Actual Budget Actual Adopted Amended Intergovernmental 23-000-41-00-4161 FEDERAL GRANTS - ITEP DOWNTOWN - - - - 32,000 32,000 23-000-41-00-4162 FEDERAL GRANTS - RIVER ROAD BRIDGE - 61,635 - 110,317 - - 23-000-41-00-4176 FEDERAL GRANTS - SAFE RTE TO SCHOOL - - 280,000 34,798 - - 23-000-41-00-4178 FEDERAL GRANTS - ITEP KENNEDY RD TRAIL - - 47,600 85,724 73,960 73,960 23-000-42-00-4210 BUILDING PERMITS 30,993 10,660 - - - - 23-000-42-00-4213 ENGINEERING CAPITAL FEE 4,700 - - - - - 23-000-42-00-4214 DEVELOPMENT FEES - CW CAPITAL 7,944 3,135 5,000 7,429 5,000 5,000 23-000-42-00-4216 BUILD PROGRAM PERMITS 14,780 80,880 - 71,634 - - 23-000-42-00-4218 DEVELOPMENT FEES - MUNI BLDG - - 5,250 2,479 5,250 5,250 23-000-42-00-4222 ROAD CONTRIBUTION FEE 34,000 - 10,000 2,000 10,000 10,000 23-000-44-00-4440 - - 669,120 684,319 680,000 680,000 23-000-45-00-4500 114 243 250 204 3,000 3,000 23-000-46-00-4620 REIMB - PULTE (AUTUMN CREEK)- - 201,110 87,932 861,890 861,890 23-000-46-00-4660 REIMB - PUSH FOR THE PATH - 20,007 126,441 1,424 23,740 23,740 23-000-46-00-4690 9,586 - - - - - 23-000-49-00-4900 BOND PROCEEDS - - - - 4,750,000 4,750,000 Game Farm Road Project 23-000-49-00-4905 LOAN PROCEEDS - 37,850 165,000 193,963 - - KC Loan for River Road Bridge Construction 23-000-49-00-4916 TRANSFER FROM GENERAL - CW B&G - - - - 105,000 105,000 Buildings & Grounds Expenditures 23-000-49-00-4923 TRANSFER FROM GENERAL - CW CAPITAL 125,000 419,332 270,401 270,401 - - $4,855,000 $6,549,840 United City of Yorkville City-Wide Capital Fund $105,960 $20,250 $680,000 $3,000 $885,630$885,630 $4,855,000 $327,551Total:$9,586 Charges for Service ROAD INFRASTRUCTURE FEE $6,549,840Total: CITY-WIDE CAPITAL REVENUE Other Financing Sources Total:Other Financing Sources $125,000 $227,117 $1,780,172 $457,182 $435,401 $633,742 $464,364 $1,552,624 $20,250 CITY-WIDE CAPITAL FUND REVENUE Description $230,839 $83,542 $61,635 Licenses & Permits Licenses & Permits $92,417 $0Total:Intergovernmental $105,960 $680,000 $250 $89,356 $204 $3,000 Total: $327,600 $94,675 $20,250 Total:Investment Earnings $114 Total:Charges for Service $0 REIMB - MISCELLANEOUS $20,007Reimbursements $669,120 $684,319 $243 $0 Investment Earnings INVESTMENT EARNINGS Reimbursements 2 216 FY 2012 FY 2013 FY 2014 FY 2014 FY 2015 FY 2015 Account Actual Actual Budget Actual Adopted Amended 23-216-54-00-5405 BUILD PROGRAM - - - 2,400 - - 23-216-54-00-5446 PROPERTY & BLDG MAINT SERVICES - - - - 80,000 80,000 23-216-56-00-5656 PROPERTY & BLDG MAINT SUPPLIES - - - - 25,000 25,000 Other Financing Uses 23-216-99-00-9901 TRANSFER TO GENERAL - - 5,250 2,479 5,250 5,250 Re-payment for Close Out Transfer in FY 2014 $80,000 $25,000 $5,250 $110,250 United City of Yorkville City-Wide Capital Fund $0 $0 $25,000 Supplies Total:Supplies $0 $0 $5,250 Total: CW B&G EXPENDITURES $0 $0 $5,250 $4,879 $110,250 $2,479 $0 $2,400 $80,000 CITY-WIDE BUILDING & GROUNDS EXPENDITURES Description Contractual Services Total:Contractual Services $0 $0 Total:Other Financing Uses $0 $0 $5,250 3 230 FY 2012 FY 2013 FY 2014 FY 2014 FY 2015 FY 2015 Account Actual Actual Budget Actual Adopted Amended 23-230-54-00-5405 BUILD PROGRAM 14,780 80,880 - 69,234 - - 23-230-54-00-5462 PROFESSIONAL SERVICES - 94,728 - - - - 23-230-54-00-5465 ENGINEERING SERVICES - - 50,000 21,792 50,000 50,000 Developer Inspections 23-230-54-00-5499 BAD DEBT - - - 768 - - 23-230-60-00-6007 KENNEDY ROAD - AUTUMN CREEK - - 201,110 88,105 1,139,622 1,139,622 23-230-60-00-6018 GREENBRIAR POND NATURALIZATION - - - - - 31,000 23-230-60-00-6025 ROAD TO BETTER ROADS PROGRAM - - 585,863 605,242 390,000 390,000 23-230-60-00-6041 SIDEWALK CONSTRUCTION - - 12,500 2,916 12,500 12,500 23-230-60-00-6048 - - - - 40,000 40,000 23-230-60-00-6059 US34(IL47/ORCHARD RD) PROJECT - - - - 230,200 230,200 23-230-60-00-6073 GAME FARM ROAD PROJECT - - 20,000 5,125 258,000 258,000 23-230-60-00-6075 RIVER ROAD BRIDGE PROJECT - 152,707 165,000 221,880 - - 23-230-60-00-6092 SAFE ROUTE TO SCHOOL PROJECT 6,793 37,891 280,000 22,707 - - 23-230-60-00-6094 KENNEDY ROAD BIKE TRAIL - 20,007 59,500 87,147 97,700 97,700 23-230-60-00-6095 - - - - 135,000 135,000 Kendall County Loan - River Road Bridge 23-230-97-00-8000 PRINCIPLE PAYMENT - - 83,333 75,000 85,000 85,000 Debt Service - Clark Property 23-230-97-00-8000 PRINCIPLE PAYMENT 125,000 - - - - - United City of Yorkville City-Wide Capital Fund $50,000 $2,334,022 $85,000 $1,323,973$210,605 $2,303,022 CITY-WIDE CAPITAL EXPENDITURES Description $50,000 Contractual Services Total:Contractual Services $14,780 Capital Outlay $91,794 $1,033,122 $75,000$0 $175,608 $50,000 $0 $83,333 $85,000 $0 $2,469,022 DOWNTOWN STREETSCAPE IMPROVEMENT SUNFLOWER ESTATES - DRAINAGE IMPROV Total:Kendall Co Loan - River Rd Bridge $2,438,022Total: CITY-WIDE CAP EXPENDITURES $0$0 $0 $0 $146,573 $1,199,916$386,213 $1,457,306 Total:Capital Outlay $6,793 Total:Debt Service - Clark Property $125,000 4 Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number CA #5 Tracking Number PW 2014-62 Sunflower and Greenbriar Pond Naturalization – Bid Award City Council – August 26, 2014 Consideration of Approval Contract Award Brad Sanderson Engineering Name Department Bids were received, opened and tabulated for work to be done on the Sunflower Estates and Greenbrier Pond Improvements at 10:00 a.m., August 13, 2014. Representatives of contractors bidding the project, the City, and our firm were in attendance. A tabulation of the bids and the engineer’s estimate is attached for your information and record. We have reviewed the bids and they are in line with what we expected. We structured the contract to allow for award for just Sunflower only or with Sunflower and Greenbrier together. The committee after consideration should provide direction on this. We recommend the acceptance of the bid and approval of award be made to the low bidder, Encap, Inc., 2585 Wagner Court, DeKalb, IL 60115 in the amount of $66,060.00 if for Sunflower only or $96,843.50 for both Sunflower and Greenbrier. It is anticipated that this work will be initiated this fall and would continue into the spring. The contract also calls for three (3) years of maintenance work to fully establish the native plantings. If you have any questions or require additional information, please let us know. Memorandum To: Bart Olson, City Administrator From: Brad Sanderson, EEI CC: Eric Dhuse, Director of Public Works Krysti Barksdale-Noble, Community Dev. Dir. Lisa Pickering, Deputy City Clerk Date: August 13, 2014 Subject: Sunflower Estates and Greenbrier Pond Improvements Page 1 of 1 BI D T A B U L A T I O N SU N F L O W E R E S T A T E S A N D G R E E N B R I A R P O N D I M P R O V E M E N T S UN I T E D C I T Y O F Y O R K V I L L E BI D T A B U L A T I O N EN G I N E E R ' S E S T I M A T E BI D S R E C D 8/ 1 3 / 2 0 1 4 5 2 W h e e l e r R o a d Su g a r G r o v e , I L 6 0 5 5 4 IT E M UN I T UN I T UN I T U N I T NO . D E S C R I P T I O N U N I T Q U A N T I T Y P R I C E A M O U N T PR I C E A M O U N T PR I C E A M O U N T P R I C E A M O U N T SU N F L O W E R E S T A T E S P O N D I M P R O V E M E N T S 1 B R U S H R E M O V A L LS U M 1 2 , 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 2 , 9 0 0 . 0 0 $ 2 , 9 0 0 . 0 0 $ 4 , 0 0 0 . 0 0 $ 4 , 0 0 0 . 0 0 $ 4,500.00$ 4,500.00$ 2 T U R F G R A S S H E R B I C I D E A P P L I C A T I O N A C R E 1 . 5 2 , 0 0 0 . 0 0 3 , 0 0 0 . 0 0 $ 1 , 6 3 0 . 0 0 2 , 4 4 5 . 0 0 1 , 0 0 0 . 0 0 1 , 5 0 0 . 0 0 5,200.00 7,800.00 3 S O I L P R E P A R A T I O N AC R E 1 . 5 1 , 7 5 0 . 0 0 2 , 6 2 5 . 0 0 $ 1 , 4 0 0 . 0 0 2 , 1 0 0 . 0 0 2 , 7 0 0 . 0 0 4 , 0 5 0 . 0 0 4,000.00 6,000.00 4 E M E R G E N T P L U G I N S T A L L A T I O N E A C H 1 , 5 0 0 5 . 0 0 7 , 5 0 0 . 0 0 $ 5 . 0 0 7 , 5 0 0 . 0 0 7 . 5 0 1 1 , 2 5 0 . 0 0 7.00 10,500.00 5 W E T M E S I C S E E D I N G AC R E 0 . 4 5 , 0 0 0 . 0 0 2 , 0 0 0 . 0 0 $ 2 , 3 6 0 . 0 0 9 4 4 . 0 0 3 , 7 5 0 . 0 0 1 , 5 0 0 . 0 0 9,000.00 3,600.00 6 P R A I R I E S E E D I N G AC R E 1 . 1 3 , 0 0 0 . 0 0 3 , 3 0 0 . 0 0 $ 2 , 2 1 0 . 0 0 2 , 4 3 1 . 0 0 2 , 3 0 0 . 0 0 2 , 5 3 0 . 0 0 7,000.00 7,700.00 7 E R O S I O N C O N T R O L B L A N K E T S - 1 5 0 ( S L O P E S ) S Q Y D 7 , 5 0 0 2 . 5 0 1 8 , 7 5 0 . 0 0 $ 2 . 0 0 1 5 , 0 0 0 . 0 0 3 . 2 5 2 4 , 3 7 5 . 0 0 3.00 22,500.00 8 E R O S I O N C O N T R O L B L A N K E T C - 1 2 5 ( S H O R E L I N E ) S Q Y D 1 , 8 0 0 3 . 5 0 6 , 3 0 0 . 0 0 $ 2 . 5 0 4 , 5 0 0 . 0 0 3 . 8 0 6 , 8 4 0 . 0 0 3.00 5,400.00 9 W A T E R F O W L E N C L O S U R E F E N C I N G F O R E M E R G E N T P L U G S FO O T 2 , 6 0 0 2 . 5 0 6 , 5 0 0 . 0 0 $ 2 . 9 0 7 , 5 4 0 . 0 0 4 . 0 0 1 0 , 4 0 0 . 0 0 11.00 28,600.00 10 A L G A E C I D E T R E A T M E N T E A C H 3 2 , 0 0 0 . 0 0 6 , 0 0 0 . 0 0 $ 1 , 4 0 0 . 0 0 4 , 2 0 0 . 0 0 1 , 5 0 0 . 0 0 4 , 5 0 0 . 0 0 3,500.00 10,500.00 11 3 Y E A R M A I N T E N A N C E F O R P O N D S E A C H 3 5 , 0 0 0 . 0 0 1 5 , 0 0 0 . 0 0 $ 5 , 5 0 0 . 0 0 1 6 , 5 0 0 . 0 0 1 5 , 0 0 0 . 0 0 4 5 , 0 0 0 . 0 0 7,000.00 21,000.00 SU B T O T A L F O R A L L B I D I T E M S 1 - 1 1 73 , 4 7 5 . 0 0 6 6 , 0 6 0 . 0 0 1 1 5 , 9 4 5 . 0 0 1 2 8 , 1 0 0 . 0 0 GR E E N B R I A R P O N D I M P R O V E M E N T S 12 B R U S H R E M O V A L LS U M 1 1 , 0 0 0 . 0 0 1 , 0 0 0 . 0 0 $ 6 5 0 . 0 0 6 5 0 . 0 0 - - 3,900.00 3,900.00 13 T U R F G R A S S H E R B I C I D E A P P L I C A T I O N A C R E 0 . 7 5 2 , 0 0 0 . 0 0 1 , 5 0 0 . 0 0 $ 1 , 6 3 0 . 0 0 1 , 2 2 2 . 5 0 1 , 0 0 0 . 0 0 7 5 0 . 0 0 5,500.00 4,125.00 14 S O I L P R E P A R A T I O N AC R E 0 . 7 5 1 , 7 5 0 . 0 0 1 , 3 1 2 . 5 0 $ 1 , 4 0 0 . 0 0 1 , 0 5 0 . 0 0 2 , 7 0 0 . 0 0 2 , 0 2 5 . 0 0 4,000.00 3,000.00 15 E M E R G E N T P L U G I N S T A L L A T I O N E A C H 7 5 0 5 . 0 0 3 , 7 5 0 . 0 0 $ 5 . 0 0 3 , 7 5 0 . 0 0 7 . 5 0 5 , 6 2 5 . 0 0 7.00 5,250.00 16 W E T M E S I C S E E D I N G AC R E 0 . 1 5 5 , 0 0 0 . 0 0 7 5 0 . 0 0 $ 2 , 3 5 0 . 0 0 3 5 2 . 5 0 3 , 7 5 0 . 0 0 5 6 2 . 5 0 12,000.00 1,800.00 17 P R A I R I E S E E D I N G AC R E 0 . 6 3 , 0 0 0 . 0 0 1 , 8 0 0 . 0 0 $ 2 , 1 1 0 . 0 0 1 , 2 6 6 . 0 0 2 , 3 0 0 . 0 0 1 , 3 8 0 . 0 0 10,000.00 6,000.00 18 E R O S I O N C O N T R O L B L A N K E T S - 1 5 0 ( S L O P E S ) S Q Y D 3 , 0 0 0 2 . 5 0 7 , 5 0 0 . 0 0 $ 2 . 0 0 6 , 0 0 0 . 0 0 3 . 2 5 9 , 7 5 0 . 0 0 4.00 12,000.00 19 E R O S I O N C O N T R O L B L A N K E T C - 1 2 5 ( S H O R E L I N E ) S Q Y D 7 2 5 3 . 5 0 2 , 5 3 7 . 5 0 $ 2 . 5 0 1 , 8 1 2 . 5 0 3 . 8 0 2 , 7 5 5 . 0 0 4.00 2,900.00 20 W A T E R F O W L E N C L O S U R E F E N C I N G F O R E M E R G E N T P L U G S FO O T 1 , 2 0 0 2 . 5 0 3 , 0 0 0 . 0 0 $ 2 . 9 0 3 , 4 8 0 . 0 0 4 . 0 0 4 , 8 0 0 . 0 0 11.00 13,200.00 21 A L G A E C I D E T R E A T M E N T E A C H 1 2 , 0 0 0 . 0 0 2 , 0 0 0 . 0 0 $ 1 , 4 0 0 . 0 0 1 , 4 0 0 . 0 0 1 , 5 0 0 . 0 0 1 , 5 0 0 . 0 0 3,600.00 3,600.00 22 3 Y E A R M A I N T E N A N C E F O R P O N D S E A C H 1 5 , 0 0 0 . 0 0 5 , 0 0 0 . 0 0 $ 9 , 8 0 0 . 0 0 9 , 8 0 0 . 0 0 1 8 , 0 0 0 . 0 0 1 8 , 0 0 0 . 0 0 3,600.00 3,600.00 SU B T O T A L F O R A L L B I D I T E M S 1 2 - 2 2 3 0 , 1 5 0 . 0 0 3 0 , 7 8 3 . 5 0 4 7 , 1 4 7 . 5 0 5 9 , 3 7 5 . 0 0 TO T A L F O R A L L B I D I T E M S 1 - 2 2 10 3 , 6 2 5 . 0 0 9 6 , 8 4 3 . 5 0 1 6 3 , 0 9 2 . 5 0 187,475.00 COPENHAVER CONSTRUCTION 75 Koppie Drive Gilberts, IL 60136 25 8 5 W a g n e r C o u r t De K a l b , I L 6 0 1 1 5 EN C A P , I N C . HO M E R T R E E S E R V I C E 14 0 0 0 S . A r c h e r A v e . , S t e 2 0 0 Lo c p o r t , I L 6 0 4 4 1 EN G I N E E R I N G E N T E R P R I S E S , I N C . 52 W H E E L E R R O A D , S U G A R G R O V E , I L L I N O I S Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number CA #3 Tracking Number ADM 2014-63 Resolution Approving a Credit Card Processing Agreement City Council – October 14, 2014 ADM – 9/25/14 Moved to Consent Agenda ADM 2014-63 Majority Approval See attached. Rob Fredrickson Finance Name Department Summary A resolution approving a Merchant Transaction Processing Agreement with TSYS Merchant Solutions, LLC and the First National Bank of Omaha (FNBO) for credit card processing. Background The attached merchant processing agreement would allow the City to process credit card payments through the MSI cash register module instead of using a separate credit card terminal. This will greatly enhance the speed (especially on utility bill shut off days) at which credit card payments are processed by allowing the cashier to process credit card payments directly from their desktop instead of walking over to the terminal and then walking back to their desk to enter the payment into MSI. MSI uses a company called Nelnet, which uses its proprietary software called “Cryptpay”, to secure the credit card information that gets processed in the cash register module. Nelnet uses TSYS (which is a division of FNBO) to actually process the credit card payments, which is why the City would be required to enter into a merchant processing agreement with TSYS in order to process credit card payments through MSI. The resolution approving the Merchant Transaction Processing Agreement, along with the agreement itself (Exhibit A) is attached for your review and consideration. Please note that since Yorkville is a governmental entity, some sections of the application are not required to be filled out, per instructions received from Nelnet. Exhibit B shows Nelnet’s interchange and assessment pricing (including Cryptpay), which is $1.10 plus 0.71% (71 basis points) per credit card transaction, along with a $30 monthly hosting fee and a one-time setup fee of $250. Exhibit C presents a credit card fee analysis comparing TSYS (current provider) to Nelnet/MSI (proposed provider), based on actual dollar and transactional volumes processed by the City in Fiscal Year 2014. As shown on Exhibit C, estimated average monthly savings by switching credit card processors is approximately $380. Exhibit C also identifies several set up costs totaling approximately $2,000. Recommendation Staff recommends approval of the merchant transaction processing agreement. Memorandum To: Administration Committee From: Rob Fredrickson, Finance Director Date: August 13, 2014 Subject: Credit Card Processing Agreement Resolution No. 2014-______ Page 1 Resolution No. 2014-_____ A RESOLUTION APPROVING A MERCHANT TRANSACTION PROCESSING AGREEMENT WITH TSYS MERCHANT SOLUTIONS, LLC AND FIRST NATIONAL BANK OF OMAHA FOR CREDIT CARD PROCESSING Whereas, the United City of Yorkville (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, Whereas, the City desires to accept credit card payments for Village fees and bills; and, Whereas, the City desires to enter into a merchant transaction processing agreement for the services to process credit card payments. NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1: That the MERCHANT TRANSACTION PROCESSING AGREEMENT, between TSYS Merchant Solutions, LLC and First National Bank of Omaha with the United City of Yorkville, attached hereto and made a part hereof by reference as Exhibit A, is hereby approved and Rob Fredrickson, Finance Director, be and is hereby authorized to execute said Agreement on behalf of the City. Section 2: This Resolution shall be in full force and effect upon its passage and approval as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this _____ day of ______________, 2014. ______________________________ CITY CLERK CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this _____ day of _______________, 2014. ______________________________ MAYOR MERCHANT TRANSACTION PROCESSING A GREEMENT — MERCHANT APPLICATION Principal/Bank: ___________ Associate/Group: ___________ Chain/Association:__________ MID#: __________________ MCC Code: _____________ 1 of 4 TSYS Merchant Solutions, LLC is a registered agent of First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68197 800-853-9586 201310 Merchant Application SBS Pass Through CONFIDENTIAL BUSINESS INFORMATION Mailing/Billing Address: (If different from Location) Zip: State: City: Phone: Contact Name: Email: Fax: Phone: Location Street Address: (No P.O. Boxes) Zip: State: City: Business Legal Name (must match name on tax return): (“MERCHANT”) Business D/B/A: BUSINESS PROFILE AND ASSUMPTIONS Type of Business: Pricing Method: Type of Goods/Services sold:(Please include a copy of your return/refund policy) Do you use any third party fulfillment houses? Yes No If Yes, please provide a contact list of all third party fulfillment houses. Do you work with any third parties or software vendors who have access to cardholder data? Yes No If yes, please provide a contact list of all third parties and software vendors who have access to cardholder data. Previous Processor: (Please Include copy of statements) Business Website: # of Employees:Ownership Type: % of Goods/Services Cash and Carry: Average Ticket ($): Length of Ownership: Yr Mo Avg. monthly Vol. ($): Highest Ticket ($): Visa/MasterCard/Discover Yes Currently Accepted? No # of Locations: Fed. Tax ID: Location Volume ($): Business Open Date: Annual Visa/MasterCard/Discover Volume ($): Card Present % + Card Not Present % = TOTAL: 100% If CNP Choose one: Sales to: Consumer % + Business % = TOTAL: 100% Card Swipe % + Imprint % = TOTAL Card Present % Application Type: Addl. Location LOC/Old MID: Dun & Bradstreet #: (If available) Have you or your business ever declared bankruptcy? Yes No When is cardholder billed for goods/services? On Order On Shipment Average number of days between order and shipment? Expected date of first transaction? Do you operate as a Seasonal Merchant? Yes No If seasonal, indicate operating months: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec MEMBER BANK (ACQUIRER) INFORMATION First National Bank of Omaha 1620 Dodge Street Omaha, NE 68197 800-853-9586 IMPORTANT MEMBER BANK (ACQUIRER) RESPONSIBILITIES) 1. A Visa Member is the only entity approved to extend acceptance of Visa products directly to a Merchant 2. A Visa Member is responsible for educating Merchants on pertinent Visa Operating Regulations with which Merchants must comply 3. The Visa Member is responsible for and must provide settlement funds to the Merchant 4. The Visa Member is responsible for all funds held in reserve that are derived from settlement. IMPORTANT MERCHANT RESPONSIBILITIES 1. Ensure compliance with cardholder data security and storage requirements. 2. Maintain fraud and chargebacks below thresholds. 3. Review and understand the terms of the Merchant Agreement. 4. Comply with Visa Operating Regulations. The responsibilities listed above do not supersede the terms of the Merchant Agreement and are provided to ensure the Merchant understands some important obligations of each party and that the Visa Member (Acquirer) is the ultimate authority should the Merchant have any problems. REFERENCES Bank Reference Name: Contact: Phone: Account Number: Trade/Supplier 1 Name: Contact: Phone: Account Number: Trade/Supplier 2 Name: Contact: Phone: Account Number: VISA DISCLOSURE Merchant Name: Authorized Signature: X Address: Print Name: United City of Yorkville 800 Game Farm Road Yorkville IL 60560 Rob Fredrickson (630) 553-8534 (630) 553-7575 rfredrickson@yorkville.il.us 2 480,000.00 200.00 9,000.00 40,000.00 100 www.yorkville.il.us 80 20 95 5 80 0 ✔ Castle Bank Sue Bill (815) 754-5013 800 GameFarmRoad Yorkville IL 60560 RobFredrickson,FinanceDirector Merchant Setup $ per MID Authorizations “or” $ per V/MC/Disc/OnePoint Auth Monthly Maintenance $ per MID Excessive Electronic Authorizations $ per V/MC/Disc Auth over 100% of SALES & per OnePoint Auth Minimum Discount Billing $ per month/MID Non V/MC/Disc/OnePoint Authorizations $ each Chargebacks $ each Voice Authorizations $ each Retrievals $ each Voice AVS $ each Batch Capture $ each Paper Statement Yes No $ 9.95 per month/MID Insufficient Funds Fee $35 per unsuccessful debit of DESIGNATED Account Wireless Monthly Wireless Set Up $ per device $ per device OTHER $ Annual Seasonal $ per MID OTHER $ Regulatory and Compliance $ per month/MID VISA/MC/DISCOVER Pass through pricing: % DISCOUNT on SALES + $ per item on gross items (SALES plus Credits) 201310 Merchant Application SBS Pass Through CONFIDENTIAL FEES 2 of 4 Merchant Initials: Account Closure Fee: If the AGREEMENT is terminated early during the INITIAL TERM or any RENEWAL TERM for any reason other than set out in para- graph 5.1, 5.2A, or 5.2.B, then MERCHANT agrees to pay TMS an account closure fee (“ACCOUNT CLOSURE FEE”) in accordance with the following: $399 per MID during the first 12 months of the INITIAL TERM; $299 per MID during the second 12 months of the INITIAL TERM; $199 per MID during the third 12 months of the INITIAL TERM; $149 per MID during any RENEWAL TERM. MERCHANT agrees that the ACCOUNT CLOSURE FEE shall also be due to TMS in accordance with this schedule if MERCHANT discontinues submitting SALES for processing during the INITIAL TERM or any RENEWAL TERM of the AGREEMENT. MERCHANT agrees that this fee is a not a penalty, but rather a reasonable estimation of the actual damages TMS would suffer if TMS were to fail to receive the processing business for the then current term. Paragraph references and capitalized terms not defined in this paragraph are defined in the attached Terms and Conditions. Pursuant to Section 4.1 of the Terms and Conditions the INITIAL TERM shall be for 3 years. Brand/Model Equipment Option Fee $ Quantity Total $ Payment Option Brand/Model Equipment Option Fee $ Quantity Total $ Payment Option TMS EQUIPMENT/SOFTWARE Brand/Model Equipment Option Fee $ Quantity Total $ Payment Option Software Vendor Payment Application Version In accordance with the terms set out in the Terms and Conditions, transfer funds will be made to/from the account set forth in the enclosed voided check or bank letter. Standard Premium DDA FUNDS TRANSFER Visa Zero Floor Limit: $0.1039 per transaction without corresponding authorization MasterCard Kilobyte: $0.0014 per MasterCard gross transaction Visa Base II: $0.0023 per Visa transaction The following fees will be passed through at Association’s rate: Interchange, Assessments, MasterCard Network Access Brand Usage Fee, Visa Exception Item Fee, Visa Network Acquirer Processing Fee, Visa International Acquirer Fee (including High Risk), Visa Partial Authorization Non-participation Fee, Dis- cover International Processing Fee, Discover International Service Fee, Discover Data Usage Fee, MasterCard AVS Card Present Fee, MasterCard Account Sta- tus Fee, MasterCard AVS Card Not Present Fee, Visa International Service (including cash advance), Visa Misuse, MasterCard Cross Border (US/Non-US/Puerto Rico), MasterCard Processing Integrity, Visa Debit Transaction Integrity, Visa Fixed Acquirer Network Fee, Discover Network Authorization Fee, MasterCard CVC2 Transaction Fee, All Other Applicable Association Fees. MC Acquirer License Fee: 0.0075% of gross MC SALES dollar volume ASSOCIATION FEES ATM/DEBIT Yes No Setup $ per MID Transactions $ each Monthly per MID $ Network Fees Pass thru PCI Validation $ per year /MID OR $ per month/M ID PCI Non-validation: $ per month/MID if MERCHANT is not validated for compliance with TMS’s vendor, beginning 75 days after signing. PCI VALIDATION TSYS Merchant Solutions, LLC is a registered agent of First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68197 800-853-9586 X Card Compromise Assistance Plan (CCAP) CCAP Fee (PCI Validated): $ per month/MID, if MERCHANT is validated for PCI Compliance with TMS’s vendor. CCAP Fee (PCI Non-Validated) : $ per month/MID, if MERCHANT is not validated for PCI Compliance with TMS’s vendor, beginning 75 days after signing. This program is not being offered by Bank. Bank has no responsibility or liability under this program. Visa Rewards, Visa Signature, Visa Premium, MasterCard World, MasterCard Enhanced, MasterCard Premium and Discover Premium cards will be assessed an additional to the applicable rate tier. Please review the Rate Descriptions online at www.tsystransactionsummary.com or contact TMS at 800.228.2443 for additional information on which interchange programs qualify. 0.600 0.2000 250.00 30.00 15.00 15.00 0.1500 0.3500 1.0000 ✔ Vx510 LE 0.00 Vx510 LE 0.00 Vx510 LE 0.00 NBS PayFuse ✔ 201310 Merchant Application SBS Pass Through CONFIDENTIAL 3 of 4 AGREEMENT ACCEPTANCE PERSONAL GUARANTY PERSONAL GUARANTOR: (Signature-No Titles) Print Name: (No Titles) MERCHANT: (Business Legal Name) Social Security Number: Home Address: Home Phone: Work Phone: THIS general, absolute, and unconditional continuing Guaranty (“GUARANTY”) by the undersigned (collectively “GUARANTOR“ or "my" or "I" or “me”), is for the benefit of TSYS Merchant Solutions, LLC and/or First National Bank of Omaha (“Collectively TMS”). For value received, and in consideration of the mutual undertakings contained in the Merchant Transaction Processing Agreement and allied agreements (“AGREEMENT”) between TMS and (“MERCHANT”) as set forth below, I absolutely and unconditionally guarantee the full performance of all MERCHANT’s obligations to TMS, together with all costs, expenses, and attorneys’ fees incurred by TMS in connection with any actions, inactions, or defaults of MERCHANT. I waive any right to require TMS to proceed against other entities or MERCHANT. There are no conditions attached to the enforcement of this GUARANTY. I authorize TMS, its agents or assigns to make from time to time any personal credit or other inquiries and agree to provide, at TMS’s request, financial statements and/or tax returns. I agree that this GUARANTY shall be governed and construed in accordance with the laws of the state of Nebraska, and that the courts of the state of Nebraska shall have and be vested with personal jurisdiction over me. This is a continuing GUARANTY and shall remain in effect until one hundred eighty (180) days after receipt by TMS of written notice by me terminating or modifying the same. The termination of the AGREEMENT or GUARANTY shall not release me from liability with re- spect to any obligations incurred before the effective date of termination. No termination of this GUARANTY shall be effected by any change in my legal status or any change in the relationship between MERCHANT and me. This GUARANTY shall bind and inure to the benefit of the personal representatives, heirs, administrators, successors and assigns of GUARANTOR and TMS. By their execution below the undersigned parties agree to abide by the Merchant Transaction Processing Agreement (the “AGREEMENT”). The AGREEMENT consists of the Merchant Application and the Terms and Conditions (a separate attachment hereto), and MERCHANT acknowledges it has received and read the Terms and Conditions at the time of signing. MERCHANT warrants that the information provided on the Merchant Application is complete and accurate. MER- CHANT authorizes TMS and/or BANK to provide a copy of this Merchant Application to any third party for the services requested. MERCHANT, and its signing officer/owner/partner, authorize TMS and/or BANK, or its agents or assigns, to make from time to time, any business and personal credit and other inquiries. If applicable, MERCHANT agrees by its signature below to the Equipment Agreement and/or the Card Compromise Assistance Plan Agreement. In witness whereof the parties hereto have caused this AGREEMENT to be executed by their duly authorized representatives effective on the date signed or approved by BANK. By signing the Merchant Transaction Processing Agreement with BANK and TMS, I represent that I have read and am authorized to sign and submit this application agreeing to be bound by the American Express® Card Acceptance Agreement (“American Express Agreement”), and that all information provided herein is true, complete, and accurate. I authorize TSYS Merchant Solutions, LLC. and its agents, assigns or affiliates (collectively “TMS”) and American Express Travel Related Services Company, Inc. (“AXP”) and AXP’s agents and Affiliates to verify the information in this application and receive and exchange information about me personally, including by requesting reports from consumer reporting agencies from time to time, and disclose such information to their agent, subcontractors, Affiliates and other parties for any purpose permitted by law. I authorize and direct TMS and AXP and AXP’s agents and Affiliates to inform me directly, or inform MERCHANT, of reports about me that they have requested from consumer reporting agencies. Such information will include the name and address of the agency furnishing the report. I also authorize AXP to use the reports on me from consumer reporting agencies for marketing and administrative purposes. I am able to read and understand the English language. Please read the American Express Privacy Statement at http://www.americanexpress.com/privacy to learn more about how American Express protects your privacy and how American Express uses your information. I understand that I may opt out of marketing communications by visiting this website or contacting American Express at 1-(800)-528-5200. I understand that upon AXP’s approval of the application, the MERCHANT agrees to abide by the American Express Agreement and will be sent materials welcoming it, either to AXP’s program for TMS to perform services for AXP or to AXP’s standard Card acceptance program which has different servicing terms (e.g. different speeds of pay). I understand that if MERCHANT does not qualify for TMS’s servicing program that the entity may be enrolled in AXP’s standard Card acceptance program, and MERCHANT may terminate the American Express Agreement. By accepting the American Express Card for the purchase of goods and/or services, or otherwise indicating its intention to be bound, MERCHANT agrees to be bound by the American Express Agreement. I understand that TMS and BANK are not parties to the American Express Agreement. Principal’s Name (Please Print): Title: Equity Ownership (%) Home Phone No: Date of Birth: Principal’s Soc Sec No: Principal’s Home Address: City: State: Zip: MERCHANT (PRINCIPAL / OFFICER / OWNER) Signature: X Name (Please Print): Title: Date: TSYS Merchant Solutions, LLC (“TMS”) Signature: Name: Title: Date: First National Bank of Omaha (“BANK”) Signature: Name: Title: Date: AMERICAN EXPRESS TSYS Merchant Solutions, LLC is a registered agent of First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68197 800-853-9586 Existing American Express ESA ESA SE Merchant CAP New American Express OnePoint Discount % New American Express ESA Discount % Monthly Flat (ESA)$ Merchant Name Annual American Express Charge Vol $ Avg Ticket $ Retail: + $0.10 Trans Fee Restaurant: + $0.05 Tran Fee Daily Net Pay — ESA only Daily Gross Pay — ESA only Monthly Gross Pay (+.03% if $100K +) - ESA only Retail, Restaurant, Travel Agencies & Tour Operators: 0.30% CNP Downgrade B2B, Travel Agencies/Tour Operators & Services, Wholesale & All Other: + $0.15 Trans Fee Payment Timing - ESA Only: 3 Day 15 Day 30 Day Inbound Fee: 0.40% on Cross Border Transactions* *Not applicable to Education Prepaid Gift Card Discount: % + $ per transaction Rob Fredrickson Fin Dir Rob Fredrickson Finance Director 201310 Merchant Application SBS Pass Through CONFIDENTIAL TSYS Merchant Solutions, LLC is a registered agent of First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68197 800-853-9586 4 of 4 THIS SPACE INTENTIONALLY LEFT BLANK. Please attach voided check here. By the signature below, the Sales Professional verifies that that the information stated in this Agreement is correct to the best of his/her knowledge and is as represented to him/her by MERCHANT. Sales Professional Signature: Sales Organization: Application Date: Physical Site Inspection Conducted By Sales Professional Yes No Sales Professional Name Printed: Sales Professional Verification Note: MERCHANT may only opt out if MERCHANT validates PCI Compliance with TMS vendor within 75 days of signing. If at any time MERCHANT is not vali- dated for compliance, MERCHANT will be automatically enrolled in CCAP until such time that MERCHANT restores validation, at which point MERCHANT will again be opted out. MERCHANT declines to participate in the Card Compromise Assistance Plan ("CCAP"). MERCHANT understands that under the terms of the AGREEMENT, MERCHANT is responsible for all expenses, fines, assessments, and penalties that arise in the event that a data breach is suspected or occurs at one or more of MERCHANT's locations. Further, MERCHANT understands and agrees that CCAP assistance will not be available to help pay any of the above mentioned expenses, fines, assessments, or penalties in the event of a suspected or actual data breach at one or more of MERCHANT's locations. MERCHANT acknowledges that despite opting out of CCAP, MERCHANT will still be assessed a PCI Validation Fee. This program is not being offered by BANK. BANK has no responsibility or liability under this program. Merchant Name: Authorized Signature: X Title: Date: CCAP Opt Out TSYS Merchant Solutions 300 Knightsbridge Parkway, Lincolnshire, IL 60069 Telephone: (312) 961-8603 e-mail: peggy.smith@cryptpay.net Cryptpay Pricing for United City of Yorkville Merchant Account Processing: Utility Program Interchange + Assessments + 0.60% $0.20 per transaction (Utility interchange is $0.75 and 0.11% for credit card transactions) Cryptpay Pricing with merchant account – (Nelnet is the payment processor): Cryptpay is a revolutionary platform for providing secure payment transactions. Process credit/debit card transactions in a PCI compliant environment $ 30.00 Hosting fee per location/MID $ 0.15 Per transaction for Cryptpay $250.00 One time set up fee Fees for merchant account not including discount rate: $15.00 Chargeback and Revivals (Disputes) Handling Fee Per Occurrence $ 1.00 Voice Authorization & Voice AVS MONTH # 0F TRANSACTIONS $ VOLUME AVERAGE $ PER BILL TOTAL PROCESSING COSTS OTHER FEES TOTAL MONTHLY COST MONTHLY COST/$ VOLUME ESTIMATED PROCESSING COSTS OTHER FEES TOTAL MONTHLY COST MONTHLY COST/$ VOLUME May-13 98 23,465.64 239.45 673.06 22.18 695.24 2.96%371.37 48.06 419.43 1.79% Jun-13 272 43,304.30 159.21 1,139.70 26.23 1,165.93 2.69%832.92 54.96 887.88 2.05% Jul-13 100 15,596.73 155.97 438.83 21.44 460.27 2.95%311.06 49.42 360.48 2.31% Aug-13 295 55,431.05 187.90 1,433.22 25.96 1,459.18 2.63%981.51 53.94 1,035.45 1.87% Sep-13 77 26,600.10 345.46 794.54 19.30 813.84 3.06%337.09 47.88 384.97 1.45% Oct-13 326 74,299.89 227.91 1,883.29 28.08 1,911.37 2.57%1,162.49 56.51 1,219.00 1.64% Nov-13 90 14,888.17 165.42 398.95 19.35 418.30 2.81%299.33 48.68 348.01 2.34% Dec-13 215 39,761.89 184.94 1,008.42 22.54 1,030.96 2.59%692.25 52.32 744.57 1.87% Jan-14 160 36,072.81 225.46 1,026.37 23.93 1,050.30 2.91%565.47 52.06 617.53 1.71% Feb-14 298 54,516.35 182.94 1,501.89 39.19 1,541.08 2.83%965.97 59.32 1,025.29 1.88% Mar-14 116 36,712.33 316.49 1,073.95 19.36 1,093.31 2.98%517.64 49.44 567.08 1.54% Apr-14 375 65,575.20 174.87 1,791.49 102.39 1,893.88 2.89%1,185.71 132.47 1,318.18 2.01% 2,422 $ 486,224.46 $ 200.75 13,533.66$ 8,927.88$ 4,605.78$ 383.82$ Nelnet One Time Set-up Fee $ 250.00 MSI Credit Card Acceptance Module $ 995.00 3 MagTek Credit Card Swipe (USB) - $90 each 270.00 Installation 300.00 Training 150.00 $ 1,715.00 Total Set-Up Costs $ 1,965.00 CREDIT CARD FEE ANALYSIS TSYS Merchant Solutions (Current Provider)Nelnet/MSI (Proposed Provider) Estimated Annual Savings Estimated Average Monthly Savings Set-Up Costs Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Minutes #1 Tracking Number CC 2014-86 Minutes of the City Council – September 9, 2014 City Council – October 14, 2014 Majority Approval Approval of Minutes Beth Warren City Clerk Name Department MINUTES OF THE REGULAR MEETING OF THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, HELD IN THE CITY COUNCIL CHAMBERS, 800 GAME FARM ROAD ON TUESDAY, SEPTEMBER 9, 2014 Mayor Golinski called the meeting to order at 7:00 p.m. and led the Council in the Pledge of Allegiance. ROLL CALL City Clerk Warren called the roll. Ward I Koch Present Colosimo Present Ward II Milschewski Present Kot Present Ward III Frieders Present Funkhouser Present Ward IV Spears Present (called in) Teeling Present Also present: City Clerk Warren, Attorney Gardiner, City Administrator Olson, Police Chief Hart, Deputy Chief of Police Hilt, Public Works Director Dhuse, Finance Director Fredrickson, EEI Engineer Sanderson, Community Development Director Barksdale-Noble, Building Code Official Ratos, Director of Parks and Recreation Evans QUORUM A quorum was established. AMENDMENTS TO THE AGENDA None. PRESENTATIONS None. PUBLIC HEARINGS None. CITIZEN COMMENTS ON AGENDA ITEMS None. CONSENT AGENDA 1. Ordinance 2014-40 Amending the Regulations in the City’s Property Maintenance Code – authorize Mayor and City Clerk to execute (EDC 2014-13) Mayor Golinski entertained a motion to approve the consent agenda as presented. So moved by Alderman Milschewski; seconded by Alderman Teeling. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye, Milschewski-aye, Spears-aye, Frieders-aye, Funkhouser-aye, Koch-aye, Teeling-aye, Kot-aye MINUTES FOR APPROVAL 1. Minutes of the Regular City Council – August 12, 2014 (CC 2014-80) Mayor Golinski entertained a motion to approve the minutes of the regular City Council meeting of August 12, 2014 as presented. So moved by Alderman Frieders; seconded by Alderman Koch. Alderman Frieders wanted one word corrected on page 3 under Plano Waste Transfer Station. Alderman Funkhouser wanted a sentence clarified on page 4 of the intergovernmental cooperative agreement. Corrected Minutes approved unanimously by a viva voce vote. BILLS FOR PAYMENT Mayor Golinski stated that the bills were $980,753.79. REPORTS MAYOR’S REPORT Ordinance 2014-41 Accepting Grant of Easement for Public Utilities - Kendall Crossing DRAFT The Minutes of the Regular Meeting of the City Council – September 9, 2014 – Page 2 of 4 (CC 2014-81) Mayor Golinski entertained a motion to approve an ordinance accepting a grant of easement for public utilities and authorize the Mayor and City Clerk to execute. So moved by Alderman Colosimo; seconded by Alderman Funkhouser. Motion approved by a roll call vote. Ayes-8 Nays-0 Teeling-aye, Koch-aye, Kot-aye, Frieders-aye, Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye Resolution 2014-23 Approving Grant Agreement No. 12-203216 By and Between the Illinois Department of Commerce and Economic Opportunity and the City of Yorkville - DCEO Grant (CC 2014-82) Mayor Golinski entertained a motion to approve a resolution approving grant agreement no. 12-203216 by and between the Illinois Department of Commerce and Economic Opportunity and the City of Yorkville and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Koch. Alderman Funkhouser asked how long to confirm the cost of the project. City Administrator Olson said thirty to sixty days. This should be done by this fall. Motion approved by a roll call vote. Ayes-8 Nays-0 Koch-aye, Kot-aye, Frieders-aye, Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye Ordinance 2014-42 Accepting a Grant of Easement for Public Utilities and Drainage, a Plat of Easement for Temporary Construction Easements, and a Plat of Easement for Easements for Temporary Construction and Public Utility and Drainage - Game Farm Road and Somonauk Improvements (CC 2014-83) Mayor Golinski entertained a motion to approve an ordinance accepting a grant of easement for Public utilities and drainage, a plat of easement for temporary construction easements, and a plat of easement for easements for temporary construction and public utility and drainage and authorize the Mayor and City Clerk to execute. So moved by Alderman Koch; seconded by Alderman Milschewski. Motion approved by a roll call vote. Ayes-8 Nays-0 Kot-aye, Frieders-aye, Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye PUBLIC WORKS COMMITTEE REPORT No report. ECONOMIC DEVELOPMENT COMMITTEE REPORT Kendall Crossing (PC 2014-13 Ordinance 2014-43 Approving a License Agreement by and between the United City of Yorkville and Kendall Crossing, LLC Alderman Koch entertained a motion to approve an ordinance approving a license agreement by and between the United City of Yorkville and Kendall Crossing, LLC and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Milschewski. Alderman Funkhouser and Community Development Director Barksdale-Noble discussed number two on the license agreement about maintenance obligations. Alderman Funkhouser asked if the City can exclude the users that have direct frontage on Route 34 and Route 47. City Administrator Olson answered. Alderman Funkhouser wanted to make sure the intent was clear that this was for the tenants that don't have access directly on Route 34 and Route 47. Alderman Funkhouser discussed signage size. Alderman Colosimo doesn't have concerns about the signs. He likes the agreement the way it is. Alderman Colosimo made a motion to amend paragraph six in the agreement to state that the properties located in the lot that is currently occupied by Shell, Nelson, Castle Bank, McDonalds, and Old Second shall be exempt from the provision; seconded by Alderman Koch. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye, Kot-aye, Frieders-aye Mayor Golinski stated roll call vote on the original motion as amended. The Minutes of the Regular Meeting of the City Council – September 9, 2014 – Page 3 of 4 Motion approved by a roll call vote. Ayes-8 Nays-0 Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye, Kot-aye, Frieders-aye, Spears-aye, Colosimo-aye Ordinance 2014-44 Authorizing the First Amendment to the Planned Unit Development Plan Plan for the Kendall Crossing Planned Unit Development (Monument Entryway Signage) Alderman Koch made a motion to approve an ordinance authorizing the first amendment to the planned unit development plan for the Kendall Crossing Planned Unit Development (monument entryway signage) and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Colosimo. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye, Kot-aye, Frieders-aye PUBLIC SAFETY COMMITTEE REPORT No report. ADMINISTRATION COMMITTEE REPORT No report. PARK BOARD No report. PLAN COMMISSION No report. ZONING BOARD OF APPEALS No report. CITY COUNCIL REPORT No report. CITY CLERK’S REPORT No report. COMMUNITY & LIAISON REPORT Library Board Alderman Colosimo said the Library Board passed the Wrigley agreement. Ken Com Alderman Funkhouser had the first meeting with Ken Com. The budget process will be starting next month. Staff requirements were discussed. School Board Alderman Funkhouser met with the School Board in regards to the City's intergovernmental agreement. AACVB Alderman Funkhouser found out at the last board meeting that the AACVB applied for $571,000 worth of grants. The organization is working on a temporary budget. The new budget has not been fully implemented. The organization has been without an executive director for ten months. Alderman Funkhouser does not like the direction the AACVB is going. It doesn't seem like the AACVB is planning very well for the future. Moving things forward have been very slow. Cannonball Road Alderman Frieders said Cannonball Road was completed. He read a poem from one of his constituents. STAFF REPORT No report. ADDITIONAL BUSINESS None. EXECUTIVE SESSION Mayor Golinski stated the Council is going into executive session for the purpose of 1. Litigation 2. Personnel The Minutes of the Regular Meeting of the City Council – September 9, 2014 – Page 4 of 4 The City Council entered Executive Session at 7:31 p.m. The City Council returned to regular session at 7:58 p.m. CITIZEN COMMENTS None. ADJOURNMENT Mayor Golinski stated meeting adjourned. Meeting adjourned at 7:59 p.m. Minutes submitted by: Beth Warren, City Clerk, City of Yorkville, Illinois Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Minutes #2 Tracking Number CC 2014-87 Minutes of the City Council – September 23, 2014 City Council – October 14, 2014 Majority Approval Approval of Minutes Beth Warren City Clerk Name Department MINUTES OF THE REGULAR MEETING OF THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, HELD IN THE CITY COUNCIL CHAMBERS, 800 GAME FARM ROAD ON TUESDAY, SEPTEMBER 23, 2014 Mayor Golinski called the meeting to order at 7:00 p.m. and led the Council in the Pledge of Allegiance. ROLL CALL City Clerk Warren called the roll. Ward I Koch Present Colosimo Present Ward II Milschewski Present Kot Present Ward III Frieders Present Funkhouser Present Ward IV Spears Present (called in) Teeling Present Also present: City Clerk Warren, Attorney Binninger, City Administrator Olson, Police Chief Hart, Deputy Chief of Police Klingel, Public Works Director Dhuse, Finance Director Fredrickson, EEI Engineer Sanderson, Community Development Director Barksdale-Noble, Building Code Official Ratos, Director of Parks and Recreation Evans QUORUM A quorum was established. AMENDMENTS TO THE AGENDA None. PRESENTATIONS None. PUBLIC HEARINGS None. CITIZEN COMMENTS ON AGENDA ITEMS Valerie Burd, resident, stopped in to discuss her candidacy for running for Illinois State Representative in the 15th district. Valerie Burd also mentioned that she done the community guides since 2004. CONSENT AGENDA 1. McDonald’s – Acceptance of Improvements and Resolution 2014-24 Approving the Bill of Sale – accept the public improvements for the bike path as described in the Bill of Sale for ownership and maintenance by the City and authorize the Mayor and City Clerk to execute; authorize the release of the existing security in the amount of $14,482.95, upon receipt of a performance security in the amount of $1,482.70; all subject to verification that the developer has no outstanding debt owed to the city for this project (PW 2014-67) 2. Game Farm Road Phase III Engineering Agreement with EEI – authorize Mayor and City Clerk to execute (PW 2014-69) 3. Rt 47 and Cannonball Trail Intersection Improvements – Change Order No. 2 – authorize Mayor to execute (PW 2014-71) 4. Rt 47 Additional Paving – authorize additional paving to the Route 47 project as shown on the exhibit attached to Engineer Sanderson’s Route 47 Improvements memo dated 9/11/14 in an amount not to exceed $60,000 (PW 2014-72) Mayor Golinski entertained a motion to approve the consent agenda as presented. So moved by Alderman Teeling; seconded by Alderman Koch. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye, Milschewski-aye, Spears-aye, Frieders-aye, Funkhouser-aye, Koch-aye, Teeling-aye, Kot-aye MINUTES FOR APPROVAL Minutes of the Regular City Council – August 26, 2014 (CC 2014-84) Mayor Golinski entertained a motion to approve the minutes of the regular City Council meeting of August 26, 2014. So moved by Alderman Funkhouser; seconded by Alderman Frieders. DRAFT The Minutes of the Regular Meeting of the City Council – September 23, 2014 – Page 2 of 3 Alderman Frieders said on the last page it should say a large bump not pump on Fox Street. Corrected Minutes approved unanimously by a viva voce vote. BILLS FOR PAYMENT Mayor Golinski stated that the bills were $1,210,130.29. REPORTS MAYOR’S REPORT Term Extension Agreement to the Franchise Agreement between the City and Comcast (CC 2014-85) Mayor Golinski entertained a motion to approve the term extension agreement to the franchise agreement between the United City of Yorkville, Illinois and Comcast of Illinois XIII, L.P. and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Funkhouser. Alderman Colosimo is uncomfortable with the Comcast contract. There is not enough information. He wants to know the specifics. If he is rushed then he votes no. He also asked if the negotiations must be six months. City Administrator Olson said Comcast had given the City a six month verbal agreement, which would give the City a few months to deliberate. Alderman Funkhouser said if the Council does not pass the extension then the agreement expires October 1st. The purpose of the contract and the agreement were discussed. Motion approved by a roll call vote. Ayes-8 Nays-0 Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye, Kot-aye, Frieders-aye PUBLIC WORKS COMMITTEE REPORT Raintree Village Units 4, 5, and 6 – Completion of Improvements – Change Order No.2 (PW 2014-70) Alderman Teeling made a motion to approve the Raintree Village Units 4, 5, & 6 - completion of improvements - change order No. 2 and authorize the Mayor to execute; seconded by Alderman Kot. Motion approved by a roll call vote. Ayes-8 Nays-0 Colosimo-aye, Funkhouser-aye, Milschewski-aye, Teeling-aye, Koch-aye, Kot-aye, Frieders-aye, Spears-aye ECONOMIC DEVELOPMENT COMMITTEE REPORT No report. PUBLIC SAFETY COMMITTEE REPORT No report. ADMINISTRATION COMMITTEE REPORT No report. PARK BOARD No report. PLAN COMMISSION Ordinance 2014-45 Approving the Final Plats of Subdivision for Units 1, 2, and 3 of the Heartland Meadows Subdivision (PC 2014-14) Mayor Golinski entertained a motion to approve an ordinance approving the final plats of subdivision for units 1, 2, and 3 of the Heartland Meadows subdivision and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Milschewski. Alderman Kot asked if the alternative building material had been resolved. Community Development Director Barksdale-Noble said no and explained. He also asked if this builder's intention was to be owner occupied. Alderman Kot discussed leasing of the units. He has a problem when somebody buys half a dozen units for the sole purpose of renting them. He asked if there was any language the City could incorporate to prevent this. City Administrator Olson said in general rental units would be permitted under the City's zoning ordinance and building code regulations. Alderman Kot asked if that could be done under planning and development. Community Development Director Barksdale-Noble said that would have had to have been an original condition of the PUD approval. Alderman Teeling asked if the materials are up to code. Community Development Director Barksdale-Noble said yes. Alderman Koch and Community Development Director Barksdale-Noble discussed this issue. Alderman Colosimo asked if someone leases the units, is the fifty five years old and over age still enforced. Kelly Helland, on behalf The Minutes of the Regular Meeting of the City Council – September 23, 2014 – Page 3 of 3 of the petitioner, said in the actual PUD agreement one of the occupants who is going to reside there must be fifty five or older. Alderman Colosimo mentioned a bottom age of twenty one. If it is leased then it cannot be leased to families with children. Kelly Helland said correct. Alderman Teeling was unclear in regards to the building materials. Community Development Director Barksdale-Noble said Plan Commission members did not consider the standard that the preliminary plan was consistent with what was being presented as the final plan. The plans were the same. All they addressed were their concerns in regards to the PUD. This was already approved by the Council. Kelly Helland said essentially there discussion exceeded the scope of what they should have been examining. They should have been examining whether or not the final plat substantially complied with the preliminary plat. The discussion in Plan Commission revolved around building codes and building materials. Mayor Golinski asked Kelly Helland to confirm the building materials that are being used are completely safe and meet code. She confirmed that. Alderman Funkhouser asked if the points from the August 14 memo are still being addressed. Community Development Director Barksdale-Noble said absolutely. Motion approved by a roll call vote. Ayes-8 Nays-0 Teeling-aye, Koch-aye, Kot-aye, Frieders-aye, Spears-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye ZONING BOARD OF APPEALS No report. CITY COUNCIL REPORT No report. CITY CLERK’S REPORT No report. COMMUNITY & LIAISON REPORT Mayor Kayaking Mayor Golinski will be kayaking on the Fox River with the mayors from Aurora, North Aurora, Montgomery, and Oswego on Saturday. They will have lunch at Cobblestone in Yorkville. School Board Alderman Funkhouser reported on the School Board meeting. Yorkville School District Superintendent And Board President Lunch Mayor Golinski reported on his lunch with the superintendent and school board president. STAFF REPORT No report. ADDITIONAL BUSINESS None. EXECUTIVE SESSION Mayor Golinski said the Council is going into Executive Session for the purpose of For the discussion of minutes of meetings lawfully closed under the Open Meetings Act, whether for purposes of approval by the body of the minutes or semi-annual review of the minutes. The City Council entered Executive Session at 7:37 p.m. The City Council returned to regular session at 7:44 p.m. CITIZEN COMMENTS None. ADJOURNMENT Mayor Golinski stated meeting adjourned. Meeting adjourned at 7:45 p.m. Minutes submitted by: Beth Warren, City Clerk, City of Yorkville, Illinois Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Bills for Payment Tracking Number Bills for Payment (Informational): $1,763,017.13 City Council – October 14, 2014 None – Informational Amy Simmons Finance Name Department       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 2 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 0 8 : 2 6 : 3 8 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 0 9 / 2 2 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 7 3 R 0 0 0 1 3 8 4 M A T T H E W S C H R O E D E R 2 0 1 4 0 1 6 2 - B U I L D 0 9 / 1 6 / 1 4 0 1 2 3 3 4 O L I V E L A N E B U I L D 2 3 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 8 7 2 . 0 0 0 2 2 3 3 4 O L I V E L A N E B U I L D 2 5 - 0 0 0 - 2 4 - 2 0 - 2 4 4 5 6 0 0 . 0 0 0 3 2 3 3 4 O L I V E L A N E B U I L D 2 5 - 0 0 0 - 2 4 - 2 1 - 2 4 4 5 1 , 6 0 0 . 0 0 0 4 2 3 3 4 O L I V E L A N E B U I L D 2 5 - 0 0 0 - 2 4 - 2 2 - 2 4 4 5 1 0 0 . 0 0 0 5 2 3 3 4 O L I V E L A N E B U I L D 4 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 5 0 . 0 0 0 6 2 3 3 4 O L I V E L A N E B U I L D 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 7 7 8 . 0 0 IN V O I C E T O T A L : 1 0 , 0 0 0 . 0 0 * CH E C K T O T A L : 1 0 , 0 0 0 . 0 0 5 1 8 3 7 4 R 0 0 0 1 3 8 5 B R I A N & M A R Y A N N R U S S E L L 2 0 1 4 0 2 1 7 - B U I L D 0 9 / 1 6 / 1 4 0 1 1 1 7 1 M I D N I G H T P L A C E B U I L D 2 3 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 4 , 3 0 2 . 0 0 0 2 1 1 7 1 M I D N I G H T P L A C E B U I L D 2 5 - 0 0 0 - 2 4 - 2 0 - 2 4 4 5 6 0 0 . 0 0 0 3 1 1 7 1 M I D N I G H T P L A C E B U I L D 2 5 - 0 0 0 - 2 4 - 2 1 - 2 4 4 5 1 , 6 0 0 . 0 0 0 4 1 1 7 1 M I D N I G H T P L A C E B U I L D 2 5 - 0 0 0 - 2 4 - 2 2 - 2 4 4 5 1 0 0 . 0 0 0 5 1 1 7 1 M I D N I G H T P L A C E B U I L D 4 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 5 0 . 0 0 0 6 1 1 7 1 M I D N I G H T P L A C E B U I L D 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 3 4 8 . 0 0 IN V O I C E T O T A L : 1 0 , 0 0 0 . 0 0 * CH E C K T O T A L : 1 0 , 0 0 0 . 0 0 TO T A L A M O U N T P A I D : 2 0 , 0 0 0 . 0 0 Page 1 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 5 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 1 : 1 3 : 4 8 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 0 9 / 2 5 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 7 6 R 0 0 0 1 3 8 6 D U A N E & R O S A N N E D A N I E L S 2 0 1 4 0 0 4 3 - B U I L D 0 9 / 2 4 / 1 4 0 1 3 6 7 W E S T W I N D D R I V E B U I L D 2 3 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 2 8 1 . 6 0 0 2 3 6 7 W E S T W I N D D R I V E B U I L D 4 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 2 , 4 1 6 . 0 0 0 3 3 6 7 W E S T W I N D D R I V E B U I L D 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 8 7 0 . 0 0 0 4 3 6 7 W E S T W I N D D R I V E B U I L D 5 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 4 0 0 . 0 0 0 5 3 6 7 W E S T W I N D D R I V E B U I L D 7 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 0 3 2 . 4 0 IN V O I C E T O T A L : 1 0 , 0 0 0 . 0 0 * CH E C K T O T A L : 1 0 , 0 0 0 . 0 0 5 1 8 3 7 7 S L E E Z E R J J O H N S L E E Z E R 2 0 1 4 0 0 7 5 - B U I L D 0 9 / 1 9 / 1 4 0 1 1 1 3 1 C L E A R W A T E R D R I V E B U I L D 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 6 , 0 0 0 . 0 0 0 2 1 1 3 1 C L E A R W A T E R D R I V E B U I L D 5 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 4 , 0 0 0 . 0 0 IN V O I C E T O T A L : 1 0 , 0 0 0 . 0 0 * CH E C K T O T A L : 1 0 , 0 0 0 . 0 0 TO T A L A M O U N T P A I D : 2 0 , 0 0 0 . 0 0 Page 2 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 3 : 5 1 : 3 3 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 0 9 / 2 9 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 8 1 W H E A T L N D W H E A T L A N D T I T L E G U A R A N T Y C O . P A R C E L - G F 0 3 3 - R O W 0 9 / 2 9 / 1 4 0 1 G A M E F A R M / S O M O N A U K I M P R O V E M E N T 1 5 - 1 5 5 - 6 0 - 0 0 - 6 0 7 3 1 2 , 7 0 0 . 0 0 IN V O I C E T O T A L : 1 2 , 7 0 0 . 0 0 * CH E C K T O T A L : 1 2 , 7 0 0 . 0 0 5 1 8 3 8 2 W H E A T L N D W H E A T L A N D T I T L E G U A R A N T Y C O . P A R C E L - G F 0 3 3 - T E 0 9 / 2 9 / 1 4 0 1 G A M E F A R M / S O M O N A U K I M P R O V E M E N T 1 5 - 1 5 5 - 6 0 - 0 0 - 6 0 7 3 8 , 5 0 0 . 0 0 IN V O I C E T O T A L : 8 , 5 0 0 . 0 0 * CH E C K T O T A L : 8 , 5 0 0 . 0 0 TO T A L A M O U N T P A I D : 2 1 , 2 0 0 . 0 0 Page 3 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 0 : 0 0 : 3 4 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 0 9 / 3 0 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 7 8 R 0 0 0 1 3 8 7 R E B E C C A & R Y A N C A P S H A W 2 0 1 4 0 3 0 9 - B U I L D 0 9 / 2 5 / 1 4 0 1 8 0 8 C A U L F I E L D P T B U I L D P R O G R A M 2 3 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 3 , 4 2 1 . 6 0 0 2 8 0 8 C A U L F I E L D P T B U I L D P R O G R A M 2 5 - 0 0 0 - 2 4 - 2 0 - 2 4 4 5 3 0 0 . 0 0 0 3 8 0 8 C A U L F I E L D P T B U I L D P R O G R A M 2 5 - 0 0 0 - 2 4 - 2 1 - 2 4 4 5 9 0 0 . 0 0 0 4 8 0 8 C A U L F I E L D P T B U I L D P R O G R A M 4 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 5 0 . 0 0 0 5 8 0 8 C A U L F I E L D P T B U I L D P R O G R A M 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 8 7 0 . 0 0 IN V O I C E T O T A L : 5 , 5 4 1 . 6 0 * CH E C K T O T A L : 5 , 5 4 1 . 6 0 5 1 8 3 7 9 R 0 0 0 1 3 8 8 J O H N & M A R Y K O R T H A U E R 2 0 1 4 0 3 1 9 - B U I L D 0 9 / 2 5 / 1 4 0 1 4 8 9 W I N D E T T R I D G E B L D G P R O G R A M 2 3 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 2 , 7 6 4 . 4 0 0 2 4 8 9 W I N D E T T R I D G E B L D G P R O G R A M 2 5 - 0 0 0 - 2 4 - 2 0 - 2 4 4 5 3 0 0 . 0 0 0 3 4 8 9 W I N D E T T R I D G E B L D G P R O G R A M 2 5 - 0 0 0 - 2 4 - 2 1 - 2 4 4 5 9 0 0 . 0 0 0 4 4 8 9 W I N D E T T R I D G E B L D G P R O G R A M 4 2 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 5 0 . 0 0 0 5 4 8 9 W I N D E T T R I D G E B L D G P R O G R A M 5 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 5 8 7 0 . 0 0 IN V O I C E T O T A L : 4 , 8 8 4 . 4 0 * CH E C K T O T A L : 4 , 8 8 4 . 4 0 TO T A L A M O U N T P A I D : 1 0 , 4 2 6 . 0 0 Page 4 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 3 8 4 A A 0 0 0 0 0 3 D A N I E L V . T R A N S I E R 0 9 3 0 1 4 0 9 / 3 0 / 1 4 0 1 0 9 / 0 3 & 0 9 / 2 4 A D M I N H E A R I N G S 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 6 7 3 0 0 . 0 0 IN V O I C E T O T A L : 3 0 0 . 0 0 * CH E C K T O T A L : 3 0 0 . 0 0 5 1 8 3 8 5 A C T I O N A C T I O N G R A P H I X L T D 5 5 1 6 0 9 / 1 6 / 1 4 0 1 P A R K I N G S I G N 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 5 3 . 9 7 IN V O I C E T O T A L : 5 3 . 9 7 * CH E C K T O T A L : 5 3 . 9 7 5 1 8 3 8 6 A L F O R D R R I C H A R D A L F O R D , P H . D . 0 9 2 2 1 4 0 9 / 2 2 / 1 4 0 1 P O S T - O F F E R E V A L U A T I O N W I T H 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 1 1 6 0 0 . 0 0 0 2 R E P O R T * * C O M M E N T * * IN V O I C E T O T A L : 6 0 0 . 0 0 * CH E C K T O T A L : 6 0 0 . 0 0 5 1 8 3 8 7 A M P E R A G E A M P E R A G E E L E C T R I C A L S U P P L Y I N C 0 5 3 3 8 5 7 - I N 0 9 / 0 5 / 1 4 0 1 P H O T O C O N T R O L S , S O D I U M L A M P S 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 4 0 3 4 8 . 2 4 IN V O I C E T O T A L : 3 4 8 . 2 4 * CH E C K T O T A L : 3 4 8 . 2 4 5 1 8 3 8 8 A Q U A F I X A Q U A F I X , I N C . 1 4 0 9 9 0 9 / 2 4 / 1 4 0 1 V I T A S T I M 2 2 0 0 5 2 - 5 2 0 - 5 6 - 0 0 - 5 6 1 3 5 2 2 . 0 8 IN V O I C E T O T A L : 5 2 2 . 0 8 * CH E C K T O T A L : 5 2 2 . 0 8 5 1 8 3 8 9 A T L A S A T L A S B O B C A T Page 5 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 2 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 3 8 9 A T L A S A T L A S B O B C A T B V 2 0 7 6 0 9 / 1 1 / 1 4 0 1 G R I N D E R T O O T H , T O O T H H O L D E R 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 8 6 3 . 1 4 IN V O I C E T O T A L : 6 3 . 1 4 * CH E C K T O T A L : 6 3 . 1 4 5 1 8 3 9 0 A T T A T & T 7 6 0 8 1 9 5 2 0 9 0 9 / 1 0 / 1 4 0 1 0 9 / 1 0 - 1 0 / 0 9 R O U T E R S E R V I C E 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 4 0 4 8 9 . 1 8 IN V O I C E T O T A L : 4 8 9 . 1 8 * CH E C K T O T A L : 4 8 9 . 1 8 5 1 8 3 9 1 A T T I N T E R A T & T 1 6 8 7 4 8 4 5 3 0 0 9 / 1 9 / 1 4 0 1 L I N E T R O U B L E M A I N T E N A N C E 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 4 0 5 9 1 . 6 3 IN V O I C E T O T A L : 5 9 1 . 6 3 * CH E C K T O T A L : 5 9 1 . 6 3 5 1 8 3 9 2 A U T O Z O N E A U T O Z O N E , I N C . 2 2 4 7 8 2 0 0 4 4 0 9 / 2 9 / 1 4 0 1 B U L B 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 8 4 . 4 9 IN V O I C E T O T A L : 4 . 4 9 * CH E C K T O T A L : 4 . 4 9 5 1 8 3 9 3 B A R C A B A R C A E N T E R P R I S E S , I N C . 1 0 0 1 3 0 0 9 / 2 8 / 1 4 0 1 O F F E N D E R R E G I S T R A T I O N S Y S T E M 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 6 2 2 1 0 . 0 0 0 2 A N N U A L M A I N T E N A N C E F E E * * C O M M E N T * * IN V O I C E T O T A L : 2 1 0 . 0 0 * CH E C K T O T A L : 2 1 0 . 0 0 5 1 8 3 9 4 B A T T E R Y S B A T T E R Y S E R V I C E C O R P O R A T I O N Page 6 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 3 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 3 9 4 B A T T E R Y S B A T T E R Y S E R V I C E C O R P O R A T I O N 2 5 0 7 4 3 0 9 / 2 2 / 1 4 0 1 B A T T E R I E S 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 4 0 2 7 8 . 8 5 IN V O I C E T O T A L : 2 7 8 . 8 5 * CH E C K T O T A L : 2 7 8 . 8 5 5 1 8 3 9 5 B P A M O C O B P A M O C O O I L C O M P A N Y 4 2 3 4 8 0 8 4 0 8 / 2 4 / 1 4 0 1 S E P T E M B E R 2 0 1 4 G A S O L I N E 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 9 5 2 8 1 . 7 6 IN V O I C E T O T A L : 2 8 1 . 7 6 * CH E C K T O T A L : 2 8 1 . 7 6 5 1 8 3 9 6 B R E N A R T B R E N A R T E Y E C L I N I C , L L C 2 0 9 4 7 5 1 1 0 9 / 1 6 / 1 4 0 1 E Y E E X A M 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 1 1 4 0 . 0 0 IN V O I C E T O T A L : 4 0 . 0 0 * 2 0 9 7 1 1 7 4 0 9 / 1 7 / 1 4 0 1 E Y E E X A M 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 1 1 4 0 . 0 0 IN V O I C E T O T A L : 4 0 . 0 0 * CH E C K T O T A L : 8 0 . 0 0 5 1 8 3 9 7 C A M B R I A C A M B R I A S A L E S C O M P A N Y I N C . 3 5 2 5 7 0 7 / 2 1 / 1 4 0 1 P A P E R T O W E L 5 2 - 5 2 0 - 5 6 - 0 0 - 5 6 2 0 5 9 . 3 8 IN V O I C E T O T A L : 5 9 . 3 8 * 3 5 5 0 7 0 9 / 2 2 / 1 4 0 1 P A P E R T O W E L 5 2 - 5 2 0 - 5 6 - 0 0 - 5 6 2 0 4 1 . 3 8 IN V O I C E T O T A L : 4 1 . 3 8 * CH E C K T O T A L : 1 0 0 . 7 6 5 1 8 3 9 8 C A R G I L L C A R G I L L , I N C 2 9 0 1 8 8 8 6 2 2 0 9 / 1 5 / 1 4 0 1 B U L K R O C K S A L T 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 3 8 2 , 8 7 8 . 5 9 IN V O I C E T O T A L : 2 , 8 7 8 . 5 9 * Page 7 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 4 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 3 9 8 C A R G I L L C A R G I L L , I N C 2 9 0 1 8 9 0 9 3 8 0 9 / 1 6 / 1 4 0 1 B U L K R O C K S A L T 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 3 8 2 , 8 8 9 . 4 8 IN V O I C E T O T A L : 2 , 8 8 9 . 4 8 * CH E C K T O T A L : 5 , 7 6 8 . 0 7 5 1 8 3 9 9 C A R L Y L E M M I T C H E L L C A R L Y L E 0 9 1 9 1 4 0 9 / 1 9 / 1 4 0 1 H O M I C I D E T R A I N I N G M E A L 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 1 5 3 8 . 8 0 0 2 R E I M B U R S E M E N T * * C O M M E N T * * IN V O I C E T O T A L : 3 8 . 8 0 * CH E C K T O T A L : 3 8 . 8 0 5 1 8 4 0 0 C E N T R A L L C E N T R A L L I M E S T O N E C O M P A N Y , I N C 1 8 5 7 0 9 / 1 5 / 1 4 0 1 G R A V E L F O R U S E A T M I S C . C I T Y 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 3 7 2 . 5 4 0 2 L O C A T I O N S * * C O M M E N T * * IN V O I C E T O T A L : 3 7 2 . 5 4 * CH E C K T O T A L : 3 7 2 . 5 4 5 1 8 4 0 1 C O M E D C O M M O N W E A L T H E D I S O N 0 9 6 6 0 3 8 0 7 7 - 0 9 1 4 0 9 / 2 6 / 1 4 0 1 0 8 / 2 6 - 0 9 / 2 6 4 5 6 K E N N E D Y R D 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 6 8 . 9 3 IN V O I C E T O T A L : 6 8 . 9 3 * 1 1 8 3 0 8 8 1 0 1 - 0 9 1 4 0 9 / 2 6 / 1 4 0 1 0 8 / 2 5 - 0 9 / 2 6 1 1 0 7 P R A I R I E 5 2 - 5 2 0 - 5 4 - 0 0 - 5 4 8 0 1 3 1 . 3 4 0 2 C R O S S I N G L I F T * * C O M M E N T * * IN V O I C E T O T A L : 1 3 1 . 3 4 * 1 7 1 8 0 9 9 0 5 2 - 0 9 1 4 0 9 / 2 6 / 1 4 0 1 0 8 / 2 5 - 0 9 / 2 6 8 7 2 P R A I R I E 5 2 - 5 2 0 - 5 4 - 0 0 - 5 4 8 0 1 9 3 . 9 5 0 2 C R O S S I N G * * C O M M E N T * * IN V O I C E T O T A L : 1 9 3 . 9 5 * 2 6 6 8 0 4 7 0 0 7 - 0 9 1 4 0 9 / 2 5 / 1 4 0 1 0 8 / 2 7 - 0 9 / 2 5 1 9 0 8 R A I N T R E E R D 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 8 0 1 3 4 . 6 3 IN V O I C E T O T A L : 1 3 4 . 6 3 * Page 8 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 5 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 0 1 C O M E D C O M M O N W E A L T H E D I S O N 2 9 6 1 0 1 7 0 4 3 - 0 9 1 4 0 9 / 2 6 / 1 4 0 1 0 8 / 2 7 - 0 9 / 2 6 P R E S T W I C K L I F T 5 2 - 5 2 0 - 5 4 - 0 0 - 5 4 8 0 9 9 . 2 8 IN V O I C E T O T A L : 9 9 . 2 8 * 3 1 1 9 1 4 2 0 2 5 - 0 9 1 4 0 9 / 2 6 / 1 4 0 1 0 8 / 2 7 - 0 9 / 2 6 V A N E M M O N P A R K I N G 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 1 7 . 4 1 0 2 L O T * * C O M M E N T * * IN V O I C E T O T A L : 1 7 . 4 1 * 6 9 6 3 0 1 9 0 2 1 - 0 8 1 4 0 9 / 1 5 / 1 4 0 1 0 8 / 1 4 - 0 9 / 1 2 R O S E N W I N K L E L I T E 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 3 1 . 9 9 IN V O I C E T O T A L : 3 1 . 9 9 * 7 0 9 0 0 3 9 0 0 5 - 0 8 1 4 0 9 / 0 9 / 1 4 0 1 0 8 / 0 8 - 0 9 / 0 9 C A N N O N B A L L T R A I L 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 1 9 . 5 5 0 2 L I T E * * C O M M E N T * * IN V O I C E T O T A L : 1 9 . 5 5 * 8 3 4 4 0 1 0 0 2 6 - 0 9 1 4 0 9 / 2 0 / 1 4 0 1 0 7 / 3 1 - 0 9 / 1 8 M I S C . S T R E E T L I G H T S 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 2 6 9 . 2 0 IN V O I C E T O T A L : 2 6 9 . 2 0 * CH E C K T O T A L : 9 6 6 . 2 8 5 1 8 4 0 2 C O M M T I R E C O M M E R C I A L T I R E S E R V I C E 3 3 3 0 0 0 6 1 7 9 0 9 / 1 9 / 1 4 0 1 R E P L A C E D T I R E S 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 5 1 , 0 8 6 . 0 2 IN V O I C E T O T A L : 1 , 0 8 6 . 0 2 * CH E C K T O T A L : 1 , 0 8 6 . 0 2 5 1 8 4 0 3 C O N S T E L L C O N S T E L L A T I O N N E W E N E R G Y 0 0 1 7 6 1 7 5 2 1 0 9 / 1 9 / 1 4 0 1 0 8 / 1 9 - 0 9 / 1 6 3 2 9 9 L E H M A N 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 8 0 3 , 4 8 3 . 2 0 0 2 C R O S S I N G * * C O M M E N T * * IN V O I C E T O T A L : 3 , 4 8 3 . 2 0 * CH E C K T O T A L : 3 , 4 8 3 . 2 0 5 1 8 4 0 4 D A V W P H I L D A V I D W . P H I L L I P S A N D C O M P A N Y Page 9 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 6 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 0 4 D A V W P H I L D A V I D W . P H I L L I P S A N D C O M P A N Y 0 9 1 5 1 4 0 9 / 1 5 / 1 4 0 1 G R A N T A P R A I S A L P R E P A R A T I O N F E E 7 2 - 7 2 0 - 6 0 - 0 0 - 6 0 4 3 2 , 6 5 0 . 0 0 IN V O I C E T O T A L : 2 , 6 5 0 . 0 0 * CH E C K T O T A L : 2 , 6 5 0 . 0 0 5 1 8 4 0 5 E Y E M E D F I D E L I T Y S E C U R I T Y L I F E I N S . 8 8 8 7 4 6 2 0 9 / 2 5 / 1 4 0 1 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 2 4 4 9 . 1 9 0 2 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 3 8 4 5 . 0 6 0 3 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 1 2 0 - 5 2 - 0 0 - 5 2 2 4 4 0 . 4 7 0 4 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 2 1 0 - 5 2 - 0 0 - 5 2 2 4 3 4 5 . 9 9 0 5 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 2 2 0 - 5 2 - 0 0 - 5 2 2 4 4 5 . 0 6 0 6 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 4 1 0 - 5 2 - 0 0 - 5 2 2 4 6 1 . 6 1 0 7 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 4 2 4 8 . 1 9 0 8 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 7 9 - 7 9 0 - 5 2 - 0 0 - 5 2 2 4 7 9 . 0 2 0 9 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 7 9 - 7 9 5 - 5 2 - 0 0 - 5 2 2 4 4 7 . 1 8 1 0 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 5 1 - 5 1 0 - 5 2 - 0 0 - 5 2 2 4 6 4 . 9 2 1 1 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 5 2 - 5 2 0 - 5 2 - 0 0 - 5 2 2 4 2 9 . 8 6 1 2 O C T O B E R 2 0 1 4 V I S I O N I N S U R A N C E 8 2 - 8 2 0 - 5 2 - 0 0 - 5 2 2 4 4 0 . 1 1 IN V O I C E T O T A L : 8 9 6 . 6 6 * CH E C K T O T A L : 8 9 6 . 6 6 5 1 8 4 0 6 F A R R E N F A R R E N H E A T I N G & C O O L I N G 8 7 2 7 0 9 / 1 1 / 1 4 0 1 D I A G N O S E D A C I S S U E 2 3 - 2 1 6 - 5 4 - 0 0 - 5 4 4 6 3 6 0 . 0 0 IN V O I C E T O T A L : 3 6 0 . 0 0 * 8 7 3 4 0 9 / 2 1 / 1 4 0 1 R E P L A C E D A I R F I L T E R 2 3 - 2 1 6 - 5 4 - 0 0 - 5 4 4 6 1 2 0 . 0 0 IN V O I C E T O T A L : 1 2 0 . 0 0 * CH E C K T O T A L : 4 8 0 . 0 0 5 1 8 4 0 7 F I R S T F I R S T P L A C E R E N T A L Page 10 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 7 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 0 7 F I R S T F I R S T P L A C E R E N T A L 2 5 5 0 7 6 - 1 0 9 / 2 9 / 1 4 0 1 F L A G , W H I T E S T A K E 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 9 . 9 9 IN V O I C E T O T A L : 9 . 9 9 * CH E C K T O T A L : 9 . 9 9 5 1 8 4 0 8 F O X V A L S A F O X V A L L E Y S A N D B L A S T I N G 2 4 2 4 7 0 9 / 1 7 / 1 4 0 1 S A N D B L A S T & R E P A I N T F I R E 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 9 5 1 1 0 . 0 0 0 2 H Y D R A N T S * * C O M M E N T * * IN V O I C E T O T A L : 1 1 0 . 0 0 * CH E C K T O T A L : 1 1 0 . 0 0 5 1 8 4 0 9 G L A T F E L T G L A T F E L T E R P U B L I C P R A C T I C E 1 9 5 5 5 3 1 0 4 - 1 0 1 1 / 2 1 / 1 3 0 1 L I A B . I N S . P O L I C Y I N S T A L L # 1 0 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 3 1 6 , 4 7 8 . 3 8 0 2 P A R K / R E C L I A B . I N S . P O L I C Y I N S 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 3 1 1 , 3 7 3 . 8 0 0 3 I N S T L L # 1 0 * * C O M M E N T * * 0 4 L I A B . I N S . P O L I C Y I N S T A L L # 1 0 5 1 - 5 1 0 - 5 2 - 0 0 - 5 2 3 1 7 1 2 . 2 3 0 5 L I A B . I N S . P O L I C Y I N S T A L L # 1 0 5 2 - 5 2 0 - 5 2 - 0 0 - 5 2 3 1 3 8 4 . 9 8 0 6 L I A B . I N S . P O L I C Y I N S T A L L # 1 0 8 2 - 8 2 0 - 5 2 - 0 0 - 5 2 3 1 8 0 9 . 6 1 IN V O I C E T O T A L : 9 , 7 5 9 . 0 0 * CH E C K T O T A L : 9 , 7 5 9 . 0 0 5 1 8 4 1 0 G R O U N D G R O U N D E F F E C T S I N C . 3 0 5 9 6 4 0 9 / 1 7 / 1 4 0 1 P U L V E R I Z E D D I R T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 3 5 6 . 0 0 IN V O I C E T O T A L : 3 5 6 . 0 0 * 3 0 6 0 8 9 0 9 / 1 8 / 1 4 0 1 P U L V E R I Z E D D I R T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 3 1 1 . 5 0 IN V O I C E T O T A L : 3 1 1 . 5 0 * 3 0 6 4 8 3 0 9 / 2 4 / 1 4 0 1 P U L V E R I Z E D D I R T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 3 1 1 . 5 0 IN V O I C E T O T A L : 3 1 1 . 5 0 * CH E C K T O T A L : 9 7 9 . 0 0 Page 11 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 8 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 1 1 G U A R D E N T G U A R D I A N 0 9 2 3 1 4 - D E N T A L 0 9 / 2 3 / 1 4 0 1 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 2 3 4 6 9 . 4 0 0 2 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 3 7 4 3 3 . 7 6 0 3 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 1 2 0 - 5 2 - 0 0 - 5 2 2 3 3 9 8 . 1 9 0 4 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 2 1 0 - 5 2 - 0 0 - 5 2 2 3 3 , 3 1 1 . 4 7 0 5 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 2 2 0 - 5 2 - 0 0 - 5 2 2 3 4 3 3 . 7 6 0 6 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 4 1 0 - 5 2 - 0 0 - 5 2 2 3 5 9 8 . 8 5 0 7 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 4 1 3 9 1 . 6 2 0 8 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 7 9 - 7 9 0 - 5 2 - 0 0 - 5 2 2 3 7 5 2 . 5 0 0 9 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 7 9 - 7 9 5 - 5 2 - 0 0 - 5 2 2 3 4 2 5 . 6 0 1 0 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 5 1 - 5 1 0 - 5 2 - 0 0 - 5 2 2 3 5 8 2 . 6 7 1 1 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 5 2 - 5 2 0 - 5 2 - 0 0 - 5 2 2 3 2 7 1 . 8 7 1 2 O C T O B E R 2 0 1 4 D E N T A L I N S U R A N C E 8 2 - 8 2 0 - 5 2 - 0 0 - 5 2 2 3 3 7 2 . 2 4 IN V O I C E T O T A L : 8 , 4 4 1 . 9 3 * 0 9 2 3 1 4 - L I F E 0 9 / 2 3 / 1 4 0 1 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 2 2 5 8 . 5 2 0 2 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 1 1 0 - 5 2 - 0 0 - 5 2 3 6 5 3 . 1 5 0 3 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 1 2 0 - 5 2 - 0 0 - 5 2 2 2 2 7 . 6 9 0 4 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 2 1 0 - 5 2 - 0 0 - 5 2 2 2 5 2 3 . 0 0 0 5 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 2 2 0 - 5 2 - 0 0 - 5 2 2 2 3 6 . 9 2 0 6 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 0 1 - 4 1 0 - 5 2 - 0 0 - 5 2 2 2 1 0 4 . 6 0 0 7 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 7 9 - 7 9 0 - 5 2 - 0 0 - 5 2 2 2 7 7 . 3 4 0 8 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 7 9 - 7 9 5 - 5 2 - 0 0 - 5 2 2 2 6 6 . 6 2 0 9 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 5 1 - 5 1 0 - 5 2 - 0 0 - 5 2 2 2 7 0 . 9 3 1 0 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 5 2 - 5 2 0 - 5 2 - 0 0 - 5 2 2 2 2 8 . 5 4 1 1 O C T O B E R 2 0 1 4 L I F E I N S U R A N C E 8 2 - 8 2 0 - 5 2 - 0 0 - 5 2 2 2 7 3 . 0 1 IN V O I C E T O T A L : 1 , 1 2 0 . 3 2 * CH E C K T O T A L : 9 , 5 6 2 . 2 5 5 1 8 4 1 2 H D S U P P L Y H D S U P P L Y W A T E R W O R K S , L T D . C 9 3 4 4 1 4 0 9 / 0 9 / 1 4 0 1 D R I V E S O C K E T S E T , G E L C A P S , 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 6 4 1 0 5 . 2 3 0 2 C R I M P E R * * C O M M E N T * * IN V O I C E T O T A L : 1 0 5 . 2 3 * CH E C K T O T A L : 1 0 5 . 2 3 Page 12 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 9 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 1 3 H O M E D E P O H O M E D E P O T 1 0 1 2 2 0 3 0 9 / 2 5 / 1 4 0 1 S H E L V I N G F O R B E E C H E R 2 3 - 2 1 6 - 5 6 - 0 0 - 5 6 5 6 1 4 7 . 6 3 IN V O I C E T O T A L : 1 4 7 . 6 3 * 1 0 1 3 0 7 0 0 8 / 0 6 / 1 4 0 1 E D G E R B L A D E S 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 2 0 . 9 3 IN V O I C E T O T A L : 2 0 . 9 3 * 1 1 4 1 6 9 1 0 9 / 2 5 / 1 4 0 1 S H E L V E S F O R B E E C H E R 2 3 - 2 1 6 - 5 6 - 0 0 - 5 6 5 6 1 4 7 . 6 0 IN V O I C E T O T A L : 1 4 7 . 6 0 * CH E C K T O T A L : 3 1 6 . 1 6 5 1 8 4 1 4 H O M E F I E L I L L I N O I S P O W E R M A R K E T I N G 1 0 2 3 8 9 3 1 4 0 9 1 0 9 / 2 3 / 1 4 0 1 0 8 / 2 0 - 0 9 / 1 8 4 2 1 P O P L A R D R L I T E 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 8 2 4 , 4 4 3 . 4 4 IN V O I C E T O T A L : 4 , 4 4 3 . 4 4 * CH E C K T O T A L : 4 , 4 4 3 . 4 4 5 1 8 4 1 5 I L P D 4 8 1 1 I L L I N O I S S T A T E P O L I C E 0 9 1 8 1 4 0 9 / 1 8 / 1 4 0 1 B A C K G R O U N D C H E C K S 7 9 - 7 9 5 - 5 4 - 0 0 - 5 4 6 2 9 4 . 5 0 0 2 B A C K G R O U N D C H E C K S 8 2 - 8 2 0 - 5 4 - 0 0 - 5 4 6 2 3 1 . 5 0 0 3 B A C K G R O U N D C H E C K S 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 6 2 3 1 . 5 0 IN V O I C E T O T A L : 1 5 7 . 5 0 * CH E C K T O T A L : 1 5 7 . 5 0 5 1 8 4 1 6 I L T R E A S U S T A T E O F I L L I N O I S T R E A S U R E R 2 6 1 0 / 0 1 / 1 4 0 1 R T . 4 7 E X P A N S I O N P Y M T # 2 6 1 5 - 1 5 5 - 6 0 - 0 0 - 6 0 7 9 6 , 1 4 8 . 9 0 0 2 R T . 4 7 E X P A N S I O N P Y M T # 2 6 5 1 - 5 1 0 - 6 0 - 0 0 - 6 0 7 9 1 6 , 4 6 2 . 0 0 0 3 R T . 4 7 E X P A N S I O N P Y M T # 2 6 5 2 - 5 2 0 - 6 0 - 0 0 - 6 0 7 9 4 , 9 1 7 . 9 3 0 4 R T . 4 7 E X P A N S I O N P Y M T # 2 6 8 8 - 8 8 0 - 6 0 - 0 0 - 6 0 7 9 6 1 8 . 3 6 IN V O I C E T O T A L : 2 8 , 1 4 7 . 1 9 * CH E C K T O T A L : 2 8 , 1 4 7 . 1 9 Page 13 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 10 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 1 7 I P R F I L L I N O I S P U B L I C R I S K F U N D 1 9 9 1 2 0 9 / 1 6 / 1 4 0 1 N O V . 2 0 1 4 W O R K E R S C O M P . I N S . 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 3 1 7 , 8 1 9 . 3 3 0 2 P A R K / R E C N O V . 2 0 1 4 W O R K E R S C O M P 0 1 - 6 4 0 - 5 2 - 0 0 - 5 2 3 1 1 , 6 5 8 . 1 6 0 3 I N S * * C O M M E N T * * 0 4 N O V . 2 0 1 4 W O R K E R S C O M P . I N S . 5 1 - 5 1 0 - 5 2 - 0 0 - 5 2 3 1 8 5 9 . 6 6 0 5 N O V . 2 0 1 4 W O R K E R S C O M P . I N S . 5 2 - 5 2 0 - 5 2 - 0 0 - 5 2 3 1 4 6 4 . 6 6 0 6 N O V . 2 0 1 4 W O R K E R S C O M P . I N S . 8 2 - 8 2 0 - 5 2 - 0 0 - 5 2 3 1 9 7 7 . 1 9 IN V O I C E T O T A L : 1 1 , 7 7 9 . 0 0 * CH E C K T O T A L : 1 1 , 7 7 9 . 0 0 5 1 8 4 1 8 I T R O N I T R O N 3 4 5 0 9 1 0 9 / 1 1 / 1 4 0 1 O C T O B E R 2 0 1 4 H O S T I N G S E R V I C E S 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 6 2 4 9 3 . 4 6 IN V O I C E T O T A L : 4 9 3 . 4 6 * CH E C K T O T A L : 4 9 3 . 4 6 5 1 8 4 1 9 J I M S T R C K J I M ' S T R U C K I N S P E C T I O N L L C 1 5 1 3 3 5 0 5 / 1 5 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 6 . 0 0 IN V O I C E T O T A L : 2 6 . 0 0 * 1 5 1 3 9 4 0 5 / 2 0 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 6 . 0 0 IN V O I C E T O T A L : 2 6 . 0 0 * 1 5 2 0 2 8 0 7 / 1 4 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 5 . 0 0 IN V O I C E T O T A L : 2 5 . 0 0 * 1 5 2 2 1 0 0 7 / 3 0 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 5 . 0 0 IN V O I C E T O T A L : 2 5 . 0 0 * 1 5 2 2 1 4 0 7 / 3 0 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 5 . 0 0 IN V O I C E T O T A L : 2 5 . 0 0 * 1 5 2 2 1 5 0 7 / 3 0 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 6 . 0 0 IN V O I C E T O T A L : 2 6 . 0 0 * Page 14 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 11 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 1 9 J I M S T R C K J I M ' S T R U C K I N S P E C T I O N L L C 1 5 2 9 5 7 0 9 / 1 9 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 6 . 0 0 IN V O I C E T O T A L : 2 6 . 0 0 * 1 5 3 0 7 2 0 9 / 2 9 / 1 4 0 1 T R U C K I N S P E C T I O N 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 9 0 2 6 . 0 0 IN V O I C E T O T A L : 2 6 . 0 0 * CH E C K T O T A L : 2 0 5 . 0 0 5 1 8 4 2 0 J S H O E S J E F F R E Y L . J E R A B E K 0 7 6 6 - 3 6 0 9 / 2 6 / 1 4 0 1 S T E E L T O E B O O T S 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 0 0 1 7 9 . 0 0 IN V O I C E T O T A L : 1 7 9 . 0 0 * CH E C K T O T A L : 1 7 9 . 0 0 5 1 8 4 2 1 K C H I G H W A K E N D A L L C O U N T Y H I G H W A Y D E P T . 0 9 2 3 1 4 - S A L T 0 9 / 2 3 / 1 4 0 1 2 N D I N S T A L L M E N T O F 6 F O R 1 5 - 1 5 5 - 5 4 - 0 0 - 5 4 3 8 7 , 5 0 0 . 0 0 0 2 S T O R I N G B U L K R O C K S A L T * * C O M M E N T * * IN V O I C E T O T A L : 7 , 5 0 0 . 0 0 * CH E C K T O T A L : 7 , 5 0 0 . 0 0 5 1 8 4 2 2 K C S H E R I F K E N D A L L C O . S H E R I F F ' S O F F I C E 1 0 0 1 1 4 - K E N D A L L 1 0 / 0 1 / 1 4 0 1 K E N D A L L C O . F T A B O N D F E E 0 1 - 0 0 0 - 2 4 - 0 0 - 2 4 1 2 2 1 0 . 0 0 0 2 R E I M B U R S E M E N T T O C O U N T Y * * C O M M E N T * * IN V O I C E T O T A L : 2 1 0 . 0 0 * CH E C K T O T A L : 2 1 0 . 0 0 5 1 8 4 2 3 K E N D C P A K E N D A L L C O U N T Y C H I E F S O F 7 8 0 9 / 2 4 / 1 4 0 1 S E P T . 2 0 1 4 M O N T H L Y M E E T I N G F E E 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 1 2 1 0 5 . 0 0 Page 15 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 12 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 2 3 K E N D C P A K E N D A L L C O U N T Y C H I E F S O F 7 8 0 9 / 2 4 / 1 4 0 2 F O R 7 P E O P L E * * C O M M E N T * * IN V O I C E T O T A L : 1 0 5 . 0 0 * CH E C K T O T A L : 1 0 5 . 0 0 5 1 8 4 2 4 K E N D C R O S K E N D A L L C R O S S I N G , L L C A M U R E B A T E - 0 8 1 4 0 9 / 1 5 / 1 4 0 1 A U G . 2 0 1 4 N C G T H E A T R E A M U S E M E N T 0 1 - 6 4 0 - 5 4 - 0 0 - 5 4 3 9 4 , 5 0 4 . 9 2 0 2 T A X R E B A T E * * C O M M E N T * * IN V O I C E T O T A L : 4 , 5 0 4 . 9 2 * CH E C K T O T A L : 4 , 5 0 4 . 9 2 5 1 8 4 2 5 K E N P R I N T A N N E T T E M . P O W E L L 1 3 8 8 0 9 / 0 5 / 1 4 0 1 1 N A M E T A G 0 1 - 1 1 0 - 5 6 - 0 0 - 5 6 1 0 1 0 . 5 0 IN V O I C E T O T A L : 1 0 . 5 0 * CH E C K T O T A L : 1 0 . 5 0 5 1 8 4 2 6 L A W S O N L A W S O N P R O D U C T S 9 3 0 2 7 4 2 8 1 8 0 9 / 1 7 / 1 4 0 1 W A S H E R S , S C R E W S , H E X N U T S , 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 1 1 6 . 8 4 0 2 L O C K W A S H E R S * * C O M M E N T * * IN V O I C E T O T A L : 1 1 6 . 8 4 * CH E C K T O T A L : 1 1 6 . 8 4 5 1 8 4 2 7 M E A D E M E A D E E L E C T R I C C O M P A N Y , I N C . 6 6 6 3 9 2 0 9 / 1 7 / 1 4 0 1 T R A F F I C S I G N A L R E P A I R 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 3 5 2 , 2 6 5 . 5 1 IN V O I C E T O T A L : 2 , 2 6 5 . 5 1 * CH E C K T O T A L : 2 , 2 6 5 . 5 1 Page 16 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 13 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 2 8 M E N L A N D M E N A R D S - Y O R K V I L L E 8 3 3 0 8 0 9 / 0 9 / 1 4 0 1 S E A L A N T , S C R E W D R I V E R , 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 4 0 2 9 . 7 6 0 2 D R I L L B I T S * * C O M M E N T * * IN V O I C E T O T A L : 2 9 . 7 6 * 8 3 4 1 6 0 9 / 1 0 / 1 4 0 1 B L A C K N I P P L E 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 5 . 8 9 IN V O I C E T O T A L : 5 . 8 9 * 8 3 4 3 7 0 9 / 1 0 / 1 4 0 1 T E E , N I P P L E , B U S H I N G , 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 2 0 2 8 . 3 8 0 2 G A L V A N I Z E D R E D U C E R * * C O M M E N T * * IN V O I C E T O T A L : 2 8 . 3 8 * 8 3 9 6 6 0 9 / 1 5 / 1 4 0 1 I M P A C T A D A P T E R 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 1 3 . 4 8 IN V O I C E T O T A L : 1 3 . 4 8 * 8 4 3 1 8 0 9 / 1 8 / 1 4 0 1 B A T T E R I E S 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 6 5 2 3 . 9 4 IN V O I C E T O T A L : 2 3 . 9 4 * 8 4 7 0 9 0 9 / 2 2 / 1 4 0 1 I M P A C T D R I V E R , S C R E W D R I V E R S 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 3 0 1 3 . 4 6 IN V O I C E T O T A L : 1 3 . 4 6 * 8 4 7 1 8 0 9 / 2 2 / 1 4 0 1 W I N G N U T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 0 . 3 9 IN V O I C E T O T A L : 0 . 3 9 * 8 4 7 3 1 0 9 / 2 2 / 1 4 0 1 B L A D E K I T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 2 0 . 9 9 IN V O I C E T O T A L : 2 0 . 9 9 * 8 4 8 4 6 0 9 / 2 3 / 1 4 0 1 P E N E T R A N T , S Q U A R E R E C E S S , B A L L 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 3 0 1 4 . 4 6 0 2 H E X * * C O M M E N T * * IN V O I C E T O T A L : 1 4 . 4 6 * 8 5 0 4 6 0 9 / 2 5 / 1 4 0 1 U T I L I T Y K N I F E , B L A D E S , G E L 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 2 0 6 5 . 8 5 0 2 R O C K E R , G L O V E S , T W I N B L A D E * * C O M M E N T * * 0 3 K N I F E * * C O M M E N T * * IN V O I C E T O T A L : 6 5 . 8 5 * Page 17 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 14 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 2 8 M E N L A N D M E N A R D S - Y O R K V I L L E 8 5 0 5 9 0 9 / 2 5 / 1 4 0 1 G A L A N I Z E D P L U G 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 2 0 1 3 . 5 6 IN V O I C E T O T A L : 1 3 . 5 6 * CH E C K T O T A L : 2 3 0 . 1 6 5 1 8 4 2 9 M I D A M M I D A M E R I C A N W A T E R 0 9 5 6 1 9 A 0 9 / 0 4 / 1 4 0 1 T O P S E C T I O N F O R V A L V E B O X , 5 1 - 5 1 0 - 5 6 - 0 0 - 5 6 4 0 9 9 3 . 6 0 0 2 D R O P L I D , P L U G L I D , V A L V E B O X , * * C O M M E N T * * 0 3 C L E A N O U T C O V E R * * C O M M E N T * * IN V O I C E T O T A L : 9 9 3 . 6 0 * 1 0 7 0 1 4 A 0 9 / 1 6 / 1 4 0 1 E A S Y S T I C K S 5 2 - 5 2 0 - 5 6 - 0 0 - 5 6 2 0 5 8 . 0 0 IN V O I C E T O T A L : 5 8 . 0 0 * CH E C K T O T A L : 1 , 0 5 1 . 6 0 5 1 8 4 3 0 M I N E R M I N E R E L E C T R O N I C S C O R P O R A T I O N 2 5 4 8 5 5 0 9 / 2 2 / 1 4 0 1 R E P A I R E D C A R V I D E O 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 9 5 9 5 . 0 0 IN V O I C E T O T A L : 9 5 . 0 0 * 2 5 4 8 5 6 0 9 / 2 2 / 1 4 0 1 R E P L A C E D R E L A Y 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 9 5 2 3 2 . 3 5 IN V O I C E T O T A L : 2 3 2 . 3 5 * 2 5 4 8 5 8 0 9 / 2 2 / 1 4 0 1 R E P L A C E D B A T T E R Y P A C K 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 9 5 9 5 . 0 0 IN V O I C E T O T A L : 9 5 . 0 0 * CH E C K T O T A L : 4 2 2 . 3 5 5 1 8 4 3 1 N E O P O S T N E O F U N D S B Y N E O P O S T 0 9 1 8 1 4 0 9 / 1 8 / 1 4 0 1 R E F I L L P O S T A G E M E T E R 0 1 - 0 0 0 - 1 4 - 0 0 - 1 4 1 0 5 0 0 . 0 0 IN V O I C E T O T A L : 5 0 0 . 0 0 * Page 18 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 15 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 3 1 N E O P O S T N E O F U N D S B Y N E O P O S T 0 9 2 6 1 4 0 9 / 2 6 / 1 4 0 1 A D D I T I O N A L P O S T A G E M E T E R 0 1 - 0 0 0 - 1 4 - 0 0 - 1 4 1 0 1 , 0 0 0 . 0 0 0 2 R E F I L L F O R A D M I N M A I L I N G * * C O M M E N T * * IN V O I C E T O T A L : 1 , 0 0 0 . 0 0 * CH E C K T O T A L : 1 , 5 0 0 . 0 0 5 1 8 4 3 2 N I C O R N I C O R G A S 0 7 - 7 2 - 0 9 - 0 1 1 7 7 - 0 9 1 4 0 9 / 2 3 / 1 4 0 1 0 8 / 2 1 - 0 9 / 2 3 1 3 0 1 C A R O L Y N C T 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 2 4 . 6 7 IN V O I C E T O T A L : 2 4 . 6 7 * 1 5 - 4 1 - 5 0 - 1 0 0 0 6 - 0 8 1 4 0 9 / 0 8 / 1 4 0 1 0 8 / 0 7 - 0 9 / 0 5 8 0 4 G A M E F A R M R D 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 9 4 . 2 7 IN V O I C E T O T A L : 9 4 . 2 7 * 2 0 - 5 2 - 5 6 - 2 0 4 2 1 - 0 8 1 4 0 9 / 0 8 / 1 4 0 1 0 8 / 0 8 - 0 9 / 0 8 4 2 0 F A I R H A V E N 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 7 6 . 7 0 IN V O I C E T O T A L : 7 6 . 7 0 * 6 1 - 6 0 - 4 1 - 1 0 0 0 9 - 0 8 1 4 0 9 / 1 1 / 1 4 0 1 0 8 / 1 2 - 0 9 / 1 0 6 1 0 T O W E R L A N E 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 4 8 . 4 1 IN V O I C E T O T A L : 4 8 . 4 1 * 6 2 - 3 7 - 8 6 - 4 7 7 9 6 - 0 8 1 4 0 9 / 0 8 / 1 4 0 1 0 8 / 0 7 - 0 9 / 0 8 1 8 5 W O L F S T R E E T 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 3 3 . 5 7 IN V O I C E T O T A L : 3 3 . 5 7 * 6 6 - 7 0 - 4 4 - 6 9 4 2 9 - 0 8 1 4 0 9 / 0 8 / 1 4 0 1 0 8 / 0 8 - 0 9 / 0 8 1 0 0 R A I N T R E E T R D 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 8 6 . 8 7 IN V O I C E T O T A L : 8 6 . 8 7 * 8 3 - 8 0 - 0 0 - 1 0 0 0 7 - 0 8 1 4 0 9 / 1 1 / 1 4 0 1 0 8 / 1 2 - 0 9 / 1 0 6 1 0 T O W E R U N I T B 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 0 2 9 . 9 0 IN V O I C E T O T A L : 2 9 . 9 0 * CH E C K T O T A L : 3 9 4 . 3 9 5 1 8 4 3 3 O F F W O R K O F F I C E W O R K S 2 3 7 7 9 9 0 9 / 1 1 / 1 4 0 1 T O N E R 5 2 - 5 2 0 - 5 6 - 0 0 - 5 6 1 0 6 7 . 9 9 IN V O I C E T O T A L : 6 7 . 9 9 * CH E C K T O T A L : 6 7 . 9 9 Page 19 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 16 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 3 4 O H E R R O N O R A Y O ' H E R R O N C O M P A N Y 1 4 5 0 9 8 9 - I N 0 9 / 1 2 / 1 4 0 1 J A C K E T , L I G H T , B A T O N , B E L T , 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 2 0 9 5 5 . 1 1 0 2 P A N T S , R A I N C O A T , P A D I O H O L D E R , * * C O M M E N T * * 0 3 G L O V E P O U C H , F O R M H O L D E R , C U F F * * C O M M E N T * * 0 4 C A S E , B O O T S * * C O M M E N T * * IN V O I C E T O T A L : 9 5 5 . 1 1 * 1 4 5 4 6 7 2 - I N 0 9 / 2 6 / 1 4 0 1 S H I R T S , P A N T S , T I E S , N A M E P L A T E 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 0 0 1 , 8 7 6 . 3 2 0 2 C A P , T A C T I C A L P A T R O L B A G , * * C O M M E N T * * 0 3 B E L T S , R A D I O C A S E , G L O V E S , G U N * * C O M M E N T * * 0 4 H O L S T E R , M A S E , M A S E C A S E , * * C O M M E N T * * 0 5 B A T O N , P H O N E C A S E , B O O T S * * C O M M E N T * * IN V O I C E T O T A L : 1 , 8 7 6 . 3 2 * 1 4 5 4 6 7 3 - I N 0 9 / 2 6 / 1 4 0 1 S H I R T S , P A N T S , T I E S , C A P C O V E R 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 0 0 1 , 8 8 3 . 4 4 0 2 B E L T , G L O V E S , T A C T I C A L P A T R O L * * C O M M E N T * * 0 3 B A G , B E L T K E E P E R , R A D I O C A S E , * * C O M M E N T * * 0 4 K E Y H O L D E R , C U F F C A S E , B A T O N , * * C O M M E N T * * 0 5 M A C E C A S E , H A N D C U F F S , M A S E , * * C O M M E N T * * 0 6 B O O T S * * C O M M E N T * * IN V O I C E T O T A L : 1 , 8 8 3 . 4 4 * CH E C K T O T A L : 4 , 7 1 4 . 8 7 5 1 8 4 3 5 O S W E G O V I L L A G E O F O S W E G O 1 0 0 1 1 4 1 0 / 0 1 / 1 4 0 1 S E P T . 2 0 1 4 P A R K & R I D E P R O C E E D S 0 1 - 0 0 0 - 2 4 - 0 0 - 2 4 6 0 1 7 . 5 0 IN V O I C E T O T A L : 1 7 . 5 0 * CH E C K T O T A L : 1 7 . 5 0 5 1 8 4 3 6 P F P E T T P . F . P E T T I B O N E & C O . 3 1 4 8 1 0 9 / 1 5 / 1 4 0 1 1 0 1 W A R N I N G T I C K E T S 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 3 0 6 7 8 . 1 5 IN V O I C E T O T A L : 6 7 8 . 1 5 * Page 20 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 17 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 3 6 P F P E T T P . F . P E T T I B O N E & C O . 3 1 5 0 3 0 9 / 1 7 / 1 4 0 1 C I T Y P H O T O I D 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 3 0 1 7 . 0 0 IN V O I C E T O T A L : 1 7 . 0 0 * 3 1 5 7 5 0 9 / 2 4 / 1 4 0 1 5 0 0 R A C I A L P R O F I L I N G S T I C K E R S 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 3 0 5 7 . 0 0 IN V O I C E T O T A L : 5 7 . 0 0 * CH E C K T O T A L : 7 5 2 . 1 5 5 1 8 4 3 7 R 0 0 0 0 5 9 4 B R I A N B E T Z W I S E R 1 0 0 1 1 4 - 7 1 1 0 / 0 1 / 1 4 0 1 1 8 5 W O L F S T R E E T P Y M T # 7 1 2 5 - 2 1 5 - 9 2 - 0 0 - 8 0 0 0 3 , 1 5 4 . 2 3 0 2 1 8 5 W O L F S T R E E T P Y M T # 7 1 2 5 - 2 1 5 - 9 2 - 0 0 - 8 0 5 0 2 , 7 4 7 . 0 7 0 3 1 8 5 W O L F S T R E E T P Y M T # 7 1 2 5 - 2 2 5 - 9 2 - 0 0 - 8 0 0 0 9 8 . 8 2 0 4 1 8 5 W O L F S T R E E T P Y M T # 7 1 2 5 - 2 2 5 - 9 2 - 0 0 - 8 0 5 0 8 6 . 0 7 IN V O I C E T O T A L : 6 , 0 8 6 . 1 9 * CH E C K T O T A L : 6 , 0 8 6 . 1 9 5 1 8 4 3 8 R 0 0 0 0 7 9 7 B R E N D A K A Y L A U N I U S 0 9 0 7 1 4 0 9 / 1 1 / 1 4 0 1 B E E C H E R D E P O S I T R E F U N D 0 1 - 0 0 0 - 2 4 - 0 0 - 2 4 1 0 4 5 0 . 0 0 IN V O I C E T O T A L : 4 5 0 . 0 0 * CH E C K T O T A L : 4 5 0 . 0 0 5 1 8 4 3 9 R 0 0 0 1 0 2 0 A L T I S O U R C E S I N G L E F A M I L Y I N C . 0 9 2 5 1 4 0 9 / 2 5 / 1 4 0 1 R E F U N D O V E R P A Y M E N T O N F I N A L 0 1 - 0 0 0 - 1 3 - 0 0 - 1 3 7 1 1 3 6 . 3 7 0 2 B I L L F O R A C C T # 0 1 0 3 1 0 0 8 0 0 - 0 3 * * C O M M E N T * * IN V O I C E T O T A L : 1 3 6 . 3 7 * CH E C K T O T A L : 1 3 6 . 3 7 5 1 8 4 4 0 R 0 0 0 1 2 5 2 A M E R I C A N H O M E S 4 R E N T Page 21 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 18 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 4 0 R 0 0 0 1 2 5 2 A M E R I C A N H O M E S 4 R E N T 0 9 2 3 1 4 0 9 / 2 3 / 1 4 0 1 R E F U N D U T I L I T Y P Y M T F O R 0 1 - 0 0 0 - 1 3 - 0 0 - 1 3 7 1 2 0 0 . 4 6 0 2 A C C # 0 1 0 2 7 5 4 3 1 0 - 0 7 * * C O M M E N T * * IN V O I C E T O T A L : 2 0 0 . 4 6 * CH E C K T O T A L : 2 0 0 . 4 6 5 1 8 4 4 1 R 0 0 0 1 3 8 9 J O R D A N M . B A N K S 0 9 2 5 1 4 0 9 / 2 5 / 1 4 0 1 T O W F E E R E F U N D 0 1 - 0 0 0 - 4 3 - 0 0 - 4 3 2 5 5 0 0 . 0 0 IN V O I C E T O T A L : 5 0 0 . 0 0 * CH E C K T O T A L : 5 0 0 . 0 0 5 1 8 4 4 2 R 0 0 0 1 3 9 0 T O M L A U E 0 9 3 0 1 4 0 9 / 3 0 / 1 4 0 1 M A I L B O X R E P L A C E M E N T 0 1 - 4 1 0 - 5 6 - 0 0 - 5 6 4 0 4 3 . 7 4 0 2 R E I M B U R S E M E N T * * C O M M E N T * * IN V O I C E T O T A L : 4 3 . 7 4 * CH E C K T O T A L : 4 3 . 7 4 5 1 8 4 4 3 R A E C O R A E C O - L I C L L C 6 / 0 0 1 9 8 0 0 9 / 1 5 / 1 4 0 1 3 M S O U N D D E T E C T O R , U S B C A B L E , 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 2 0 3 7 7 . 7 4 0 2 W I N D S C R E E N * * C O M M E N T * * IN V O I C E T O T A L : 3 7 7 . 7 4 * 6 / 0 0 1 9 8 1 0 9 / 1 9 / 1 4 0 1 3 M S O U N D D E T E C T O R , U S B C A B L E , 0 1 - 2 1 0 - 5 6 - 0 0 - 5 6 2 0 4 1 9 . 6 8 0 2 W I N D S C R E E N , M I C R O P H O N E A D A P T E R * * C O M M E N T * * IN V O I C E T O T A L : 4 1 9 . 6 8 * CH E C K T O T A L : 7 9 7 . 4 2 5 1 8 4 4 4 R E A L E V A L R E A L E V A L U T A T I O N G R O U P Page 22 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 19 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 4 4 R E A L E V A L R E A L E V A L U T A T I O N G R O U P 0 8 2 0 1 4 0 8 / 2 0 / 1 4 0 1 G R A N T A P P R A I S A L R E P O R T F E E 7 2 - 7 2 0 - 6 0 - 0 0 - 6 0 4 3 1 , 8 0 0 . 0 0 IN V O I C E T O T A L : 1 , 8 0 0 . 0 0 * CH E C K T O T A L : 1 , 8 0 0 . 0 0 5 1 8 4 4 5 S E N I O R S E N I O R S E R V I C E S A S S O C I A T E S , I N C 2 0 1 4 F A S H I O N 0 9 / 2 3 / 1 4 0 1 M A Y O R S T A B L E O F 1 0 F O R F A L L 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 6 2 3 7 5 . 0 0 0 2 F A S H I O N S H O W * * C O M M E N T * * IN V O I C E T O T A L : 3 7 5 . 0 0 * CH E C K T O T A L : 3 7 5 . 0 0 5 1 8 4 4 6 S E R V M A S C S E R V I C E M A S T E R C O M M . C L E A N I N G 1 7 0 3 3 0 0 9 / 1 5 / 1 4 0 1 M O N T H L Y O F F I C E C L E A N I N G 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 8 8 1 , 2 3 3 . 0 0 IN V O I C E T O T A L : 1 , 2 3 3 . 0 0 * CH E C K T O T A L : 1 , 2 3 3 . 0 0 5 1 8 4 4 7 S L E E Z E R J J O H N S L E E Z E R 1 0 0 1 1 4 1 0 / 0 1 / 1 4 0 1 S E P T E M B E R 2 0 1 4 M O B I L E E M A I L 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 4 0 4 5 . 0 0 0 2 R E I M B U R S E M E N T * * C O M M E N T * * IN V O I C E T O T A L : 4 5 . 0 0 * CH E C K T O T A L : 4 5 . 0 0 5 1 8 4 4 8 S U B U R L A B S U B U R B A N L A B O R A T O R I E S I N C . 1 1 5 9 1 0 0 9 / 1 6 / 1 4 0 1 C O L I F O R M 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 2 9 3 8 6 . 5 0 IN V O I C E T O T A L : 3 8 6 . 5 0 * CH E C K T O T A L : 3 8 6 . 5 0 Page 23 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 20 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 4 9 T A P C O T A P C O I 4 6 5 7 1 0 0 9 / 0 9 / 1 4 0 1 S I G N S 1 5 - 1 5 5 - 5 6 - 0 0 - 5 6 1 9 5 8 8 . 8 6 IN V O I C E T O T A L : 5 8 8 . 8 6 * CH E C K T O T A L : 5 8 8 . 8 6 5 1 8 4 5 0 T R A F F I C T R A F F I C C O N T R O L C O R P O R A T I O N 0 0 0 0 0 6 7 2 3 6 0 9 / 2 2 / 1 4 0 1 B Y P A S S S W I T C H , L E D S 0 1 - 4 1 0 - 5 4 - 0 0 - 5 4 3 5 6 7 5 . 0 0 IN V O I C E T O T A L : 6 7 5 . 0 0 * CH E C K T O T A L : 6 7 5 . 0 0 5 1 8 4 5 1 W A R E H O U S W A R E H O U S E D I R E C T 2 4 4 4 3 4 8 - 0 0 9 / 1 7 / 1 4 0 1 P A P E R C L I P S , C O R R E C T I O N T A P E , 0 1 - 1 1 0 - 5 6 - 0 0 - 5 6 1 0 1 8 9 . 6 0 0 2 P O S T - I T N O T E S , P A P E R * * C O M M E N T * * IN V O I C E T O T A L : 1 8 9 . 6 0 * CH E C K T O T A L : 1 8 9 . 6 0 5 1 8 4 5 2 Y N B O L D S E C O N D B A N K - Y O R K V I L L E 2 1 0 0 0 2 0 4 9 - 0 9 2 2 1 4 0 9 / 2 2 / 1 4 0 1 S A F E D E P O S I T B O X A N N U A L R E N T A L 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 6 2 8 2 . 5 0 IN V O I C E T O T A L : 8 2 . 5 0 * CH E C K T O T A L : 8 2 . 5 0 5 1 8 4 5 3 Y O R K M O W Y O R K V I L L E M O W I N G & L A N D S C A P I N G 2 4 6 0 9 / 0 6 / 1 4 0 1 W E E D E A T I N G & D E B R I S C L E A N U P 1 1 - 1 1 1 - 5 4 - 0 0 - 5 4 9 5 2 8 5 . 6 4 0 2 W E E D E A T I N G & D E B R I S C L E A N U P 1 2 - 1 1 2 - 5 4 - 0 0 - 5 4 9 5 2 7 0 . 0 0 IN V O I C E T O T A L : 5 5 5 . 6 4 * CH E C K T O T A L : 5 5 5 . 6 4 Page 24 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 21 TI M E : 0 7 : 4 5 : 3 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 1 4 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ----- 5 1 8 4 5 4 Y O R K S E L F Y O R K V I L L E S E L F S T O R A G E , I N C 0 9 2 3 1 4 - 4 5 0 9 / 2 3 / 1 4 0 1 S E P T E M B E R 2 0 1 4 S T O R A G E 0 1 - 2 1 0 - 5 4 - 0 0 - 5 4 8 5 8 0 . 0 0 IN V O I C E T O T A L : 8 0 . 0 0 * CH E C K T O T A L : 8 0 . 0 0 5 1 8 4 5 5 Y O U N G M M A R L Y S J . Y O U N G 0 9 0 2 1 4 0 9 / 1 1 / 1 4 0 1 0 9 / 0 2 E D C M E E T I N G M I N U T E S 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 6 2 4 9 . 5 0 IN V O I C E T O T A L : 4 9 . 5 0 * 0 9 1 0 1 4 0 9 / 2 3 / 1 4 0 1 0 9 / 1 0 P L A N C O M M I S S I O N M E E T I N G 0 1 - 1 1 0 - 5 4 - 0 0 - 5 4 6 2 5 5 . 8 7 0 2 M I N U T E S * * C O M M E N T * * 0 3 H E A R T L A N D M E A D O W S F I N A L P L A T 9 0 - 0 6 4 - 6 4 - 0 0 - 0 0 1 1 1 8 . 6 3 IN V O I C E T O T A L : 7 4 . 5 0 * CH E C K T O T A L : 1 2 4 . 0 0 5 1 8 4 5 6 0 0 0 0 0 0 0 0 T O T A L D E P O S I T 1 0 1 4 1 4 1 0 / 1 4 / 1 4 0 1 T O T A L D I R E C T D E P O S I T S 1 3 5 . 0 0 IN V O I C E T O T A L : 1 3 5 . 0 0 * CH E C K T O T A L : 1 3 5 . 0 0 TO T A L A M O U N T P A I D : 1 2 4 , 2 5 9 . 9 5 Page 25 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 20 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 0 7 : 4 5 : 5 3 D I R E C T D E P O S I T A U D I T R E P O R T ID : A P 6 C 0 0 0 P . C B L D E P O S I T N A C H A F I L E VE N D O R N A M E N U M B E R D E P O S I T A M O U N T D E S C R I P T I O N -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - DA V I D B E H R E N S B E H R D 4 5 . 0 0 6( 3 7 ( 0 % ( 5       0 2 % , / (  ( 0 $ , /  RO B F R E D R I C K S O N F R E D R I C R 4 5 . 0 0 SE P T E M B E R 2 0 1 4 M O B I L E E M A I L GA R Y G O L I N S K I G O L I N S K I 4 5 . 0 0 SE P T E M B E R 2 0 1 4 M O B I L E E M A I L TO T A L A M O U N T O F D I R E C T D E P O S I T S 1 3 5 . 0 0 To t a l # o f V e n d o r s : 3 Page 26 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 1 : 3 3 : 0 0 M A N U A L C H E C K R E G I S T E R ID : A P 2 2 5 0 0 0 . C B L CH E C K # V E N D O R # I N V O I C E I T E M C H E C K I N V O I C E # D A T E # D E S C R I P T I O N D A T E A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1 3 1 0 4 1 K C R K E N D A L L C O U N T Y R E C O R D E R ' S 0 9 / 2 5 / 1 4 1 7 5 5 6 0 0 9 / 2 5 / 1 4 0 1 H E A R T L A N D M E A D O W O R D I N A N C E S 9 0 - 0 6 4 - 6 4 - 0 0 - 0 0 1 1 2 1 2 . 0 0 0 2 C A N N O N B A L L T R L O R D I N A N C E 9 0 - 0 5 7 - 5 7 - 0 0 - 0 0 1 1 5 6 . 0 0 IN V O I C E T O T A L : 2 6 8 . 0 0 * CH E C K T O T A L : 2 6 8 . 0 0 TO T A L A M O U N T P A I D : 2 6 8 . 0 0 Page 27 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 1 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 0 : 1 3 : 0 5 M A N U A L C H E C K R E G I S T E R ID : A P 2 2 5 0 0 0 . C B L CH E C K # V E N D O R # I N V O I C E I T E M C H E C K I N V O I C E # D A T E # D E S C R I P T I O N D A T E A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1 3 1 0 4 2 K C R K E N D A L L C O U N T Y R E C O R D E R ' S 0 9 / 2 9 / 1 4 1 7 5 5 9 9 0 9 / 2 9 / 1 4 0 1 F I L I N G O F 2 U T I L I T Y L I E N S 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 4 8 9 8 . 0 0 0 2 R E L E A S E 1 U T I L I T Y L I E N 5 1 - 5 1 0 - 5 4 - 0 0 - 5 4 4 8 4 9 . 0 0 0 3 L I G H T H O U S E A C A D E M Y O R D I N A N C E 9 0 - 0 6 7 - 6 7 - 0 0 - 0 0 1 1 7 0 . 0 0 IN V O I C E T O T A L : 2 1 7 . 0 0 * CH E C K T O T A L : 2 1 7 . 0 0 TO T A L A M O U N T P A I D : 2 1 7 . 0 0 Page 28 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 0 9 / 2 9 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 2 : 3 7 : 4 5 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 0 9 / 2 9 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 8 0 H A R D P A V E H A R D I N P A V I N G S E R V I C E S 1 4 0 2 5 0 2 0 9 / 2 6 / 1 4 0 1 E N G I N E E R S P A Y M E N T E S T I M A T E # 2 2 3 - 2 3 0 - 6 0 - 0 0 - 6 0 0 7 4 5 9 , 0 1 0 . 9 2 0 2 K E N N E D Y R O A D W I D E N I N G * * C O M M E N T * * IN V O I C E T O T A L : 4 5 9 , 0 1 0 . 9 2 * CH E C K T O T A L : 4 5 9 , 0 1 0 . 9 2 TO T A L A M O U N T P A I D : 4 5 9 , 0 1 0 . 9 2 Page 29 of 33       01 - 1 1 0    AD M I N I S T R A T I O N    12 - 1 1 2    SU N F L O W E R  SS A                                              42 - 4 2 0    DE B T  SE R V I C E          83 - 8 3 0    LI B R A R Y  DEBT SERVICE    01 - 1 2 0    FI N A N C E            15 - 1 5 5    MO T O R  FU E L  TA X  (M F T )        51 - 5 1 0    WA T E R  OP E R A T I O N S        84 - 8 4 0    LI B R A R Y  CAPITAL  01 - 2 1 0    PO L I C E              23 - 2 1 6    MU N I C I P A L  BU I L D I N G          52 - 5 2 0    SE W E R  OP E R A T I O N S          87 - 8 7 0    CO U N T R Y S I D E  TIF  01 - 2 2 0    CO M M U N I T Y  DE V E L O P M E N T      23 - 2 3 0    CI T Y - W I D E  CA P I T A L          72 - 7 2 0    LA N D  CA S H          88 - 8 8 0    DO W N T O W N  TIF  01 - 4 1 0    ST R E E T  OP ER A T I O N S        25 - 2 0 5    PO L I C E  CA P I T A L          79 - 7 9 0    PA R K S  DE P A R T M E N T          90 - X X X    DE V E L O P E R  ESCROW  01 - 6 4 0    AD M I N S T R A T I V E  SE R V I C E S      25 - 2 1 5    PU B L I C  WO R K S  CA P I T A L      79 - 7 9 5    RE C R E A T I O N  DE P T          95 - X X X    ES C R O W  DEPOSIT  11 - 1 1 1    FO X  HI L L  SS A          25 - 2 2 5    PA R K S  & RE C R E A T I O N  CA P I T A L      82 - 8 2 0    LI B R A R Y  OP E R A T I O N S     DA T E : 1 0 / 0 2 / 1 4 U N I T E D C I T Y O F Y O R K V I L L E P A G E : 1 TI M E : 1 4 : 2 2 : 0 2 C H E C K R E G I S T E R PR G I D : A P 2 1 5 0 0 0 . W O W CH E C K D A T E : 1 0 / 0 2 / 1 4 CH E C K # V E N D O R # I N V O I C E I N V O I C E I T E M N U M B E R D A T E # D E S C R I P T I O N A C C O U N T # I T E M A M T -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 1 8 3 8 3 H A R D P A V E H A R D I N P A V I N G S E R V I C E S 1 4 0 2 4 0 1 0 9 / 2 9 / 1 4 0 1 E N G I N E E R S P Y M T E S T I M A T E # 1 0 1 - 0 0 0 - 2 4 - 0 0 - 2 4 4 0 5 4 8 , 6 9 7 . 6 5 0 2 R A I N T R E E V I L L A G E U N I T S 4 , 5 & 6 * * C O M M E N T * * 0 3 C O M P L E T I O N O F I M P R O V E M E N T S * * C O M M E N T * * IN V O I C E T O T A L : 5 4 8 , 6 9 7 . 6 5 * CH E C K T O T A L : 5 4 8 , 6 9 7 . 6 5 TO T A L A M O U N T P A I D : 5 4 8 , 6 9 7 . 6 5 Page 30 of 33 RE G U L A R O V E R T I M E T O T A L I M R F F I C A T O T A L S MA Y O R & L I Q . C O M . 90 8 . 3 4 $ - $ 9 0 8 . 3 4 $ - $ 6 9 . 4 9 $ 9 7 7 . 8 3 $ CL E R K 58 3 . 3 4 - 5 8 3 . 3 4 9 . 6 8 3 2 . 9 2 6 2 5 . 9 4 TR E A S U R E R 83 . 3 4 - 8 3 . 3 4 9 . 6 8 6 . 3 6 9 9 . 3 8 AL D E R M A N 3, 9 0 0 . 0 0 - 3 , 9 0 0 . 0 0 3 4 8 . 6 0 2 7 5 . 0 6 4 , 5 2 3 . 6 6 UN I T E D C I T Y O F Y O R K V I L L E PA Y R O L L S U M M A R Y Se p t e m b e r 2 6 , 2 0 1 4 AD M I N I S T R A T I O N 11 , 3 8 8 . 1 7 - 1 1 , 3 8 8 . 1 7 1 , 2 7 6 . 5 4 7 9 5 . 4 3 1 3 , 4 6 0 . 1 4 FI N A N C E 7, 8 0 3 . 8 0 - 7 , 8 0 3 . 8 0 9 0 6 . 8 0 5 8 4 . 3 1 9 , 2 9 4 . 9 1 PO L I C E 89 , 0 8 4 . 5 1 1 , 0 1 2 . 8 7 9 0 , 0 9 7 . 3 8 5 4 0 . 4 5 6 , 5 8 4 . 5 9 9 7 , 2 2 2 . 4 2 CO M M U N I T Y D E V . 12 , 1 2 8 . 6 0 - 1 2 , 1 2 8 . 6 0 1 , 2 8 3 . 8 4 8 9 3 . 0 4 1 4 , 3 0 5 . 4 8 ST R E E T S 11 , 9 5 7 . 1 6 - 1 1 , 9 5 7 . 1 6 1 , 3 8 9 . 4 2 8 7 6 . 7 5 1 4 , 2 2 3 . 3 3 WA T E R 12 , 9 0 8 . 3 4 4 9 8 . 4 9 1 3 , 4 0 6 . 8 3 1 , 5 5 7 . 8 8 9 6 8 . 8 5 1 5 , 9 3 3 . 5 6 SE W E R 7, 2 1 9 . 0 4 - 7 , 2 1 9 . 0 4 8 3 8 . 8 5 5 3 8 . 7 8 8 , 5 9 6 . 6 7 PA R K S 17 , 3 6 7 . 0 2 - 1 7 , 3 6 7 . 0 2 2 , 0 1 8 . 0 6 1 , 2 9 3 . 8 7 2 0 , 6 7 8 . 9 5 RE C R E A T I O N 11 , 9 0 5 . 9 4 - 1 1 , 9 0 5 . 9 4 1 , 0 9 4 . 6 1 8 8 4 . 4 6 1 3 , 8 8 5 . 0 1 LI B R A R Y 15 , 2 5 7 . 2 9 - 1 5 , 2 5 7 . 2 9 8 7 3 . 0 5 1 , 1 4 2 . 7 2 1 7 , 2 7 3 . 0 6 TO T A L S 20 2 , 4 9 4 . 8 9 $ 1 , 5 1 1 . 3 6 $ 2 0 4 , 0 0 6 . 2 5 $ 1 2 , 1 4 7 . 4 6 $ 1 4 , 9 4 6 . 6 3 $ 2 3 1 , 1 0 0 . 3 4 $ TO T A L P A Y R O L L 23 1 , 1 0 0 . 3 4 $ Page 31 of 33 RE G U L A R O V E R T I M E T O T A L I M R F F I C A T O T A L S AD M I N I S T R A T I O N 11 , 2 8 0 . 6 7 $ - $ 1 1 , 2 8 0 . 6 7 $ 1 , 2 7 6 . 5 3 $ 7 8 7 . 2 0 $ 1 3 , 3 4 4 . 4 0 $ FI N A N C E 78 0 0 3 8 0 - 78 0 0 3 8 0 94 1 6 6 60 7 2 4 7955270 UN I T E D C I T Y O F Y O R K V I L L E PA Y R O L L S U M M A R Y Oc t o b e r 1 0 , 2 0 1 4 FI N A N C E 78 ,00 3 .80 - 78 ,00 3 .80 94 1 .66 60 7 .24 79,552.70 PO L I C E 10 4 , 0 0 3 . 8 4 2 , 1 8 0 . 3 7 1 0 6 , 1 8 4 . 2 1 5 4 0 . 4 4 7 , 8 4 1 . 3 8 1 1 4 , 5 6 6 . 0 3 CO M M U N I T Y D E V . 12 , 5 6 3 . 5 9 - 1 2 , 5 6 3 . 5 9 1 , 3 3 4 . 3 8 9 2 6 . 3 0 1 4 , 8 2 4 . 2 7 ST R E E T S 11 , 9 5 7 . 1 7 7 9 . 8 3 1 2 , 0 3 7 . 0 0 1 , 3 9 8 . 7 0 8 8 2 . 8 5 1 4 , 3 1 8 . 5 5 WA T E R 12 , 9 0 8 . 3 4 6 9 3 . 6 0 1 3 , 6 0 1 . 9 4 1 , 5 8 0 . 5 5 9 8 3 . 7 8 1 6 , 1 6 6 . 2 7 SE W E R 7, 2 1 9 . 0 4 6 0 . 7 2 7 , 2 7 9 . 7 6 8 5 7 . 5 2 5 5 1 . 0 7 8 , 6 8 8 . 3 5 PA R K S 17 , 4 5 7 . 2 5 - 1 7 , 4 5 7 . 2 5 1 , 9 7 9 . 0 4 1 , 3 1 2 . 2 4 2 0 , 7 4 8 . 5 3 RE C R E A T I O N 2, 7 0 9 . 0 0 - 2 , 7 0 9 . 0 0 1 , 1 0 7 . 8 6 8 7 8 . 2 6 4 , 6 9 5 . 1 2 LI B R A R Y 15 , 4 8 8 . 0 6 - 1 5 , 4 8 8 . 0 6 8 7 3 . 0 5 1 , 1 6 0 . 3 6 1 7 , 5 2 1 . 4 7 TO T A L S 27 3 , 5 9 0 . 7 6 $ 3 , 0 1 4 . 5 2 $ 2 7 6 , 6 0 5 . 2 8 $ 1 1 , 8 8 9 . 7 3 $ 1 5 , 9 3 0 . 6 8 $ 3 0 4 , 4 2 5 . 6 9 $ TO T A L P A Y R O L L 304,425.69$ Page 32 of 33 ACCOUNTS PAYABLE DATE Maunual Check Register 09/22/2014 $20,000.00 Maunual Check Register 09/25/2014 $20,000.00 Maunual Check Register 09/29/2014 $21,200.00 Maunual Check Register 09/30/2014 $10,426.00 City Check Register 10/14/2014 $124,259.95 SUB-TOTAL: $195,885.95 UNITED CITY OF YORKVILLE BILL LIST SUMMARY Tuesday, October 14, 2014 SUBTOTAL: $195,885.95 OTHER PAYABLES Manual Check #518375 - D-Construction - 2013 Road Program 09/24/2014 $23,411.58 Clerk's Check #131041 - Kendall County Recorder 09/25/2014 $268.00 Clerk's Check #131042 - Kendall County Recorder 09/29/2014 $217.00 Manual Check #518380 - Hardin Paving - Kennedy Rd. widening 09/29/2014 $459,010.92 Manual Check #518383 - Hardin Paving - Raintree Village Improvements10/02/2014 $548,697.65 SUB-TOTAL: $1,031,605.15 Bi - Weekly 09/26/2014 $231,100.34 Bi - Weekly 10/10/2014 $304,425.69 SUB-TOTAL: $535,526.03 TOTAL DISBURSEMENTS:$1,763,017.13 PAYROLL Pa g e 33 of 33 Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Mayor #1 Tracking Number CC 2014-88 Appointment of Freedom of Information Officer – Eivilyn Lopez City Council - October 14, 2014 Bart Olson Administration Name Department Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number Mayor #2 Tracking Number CC 2014-89 ComEd Settlement Agreements City Council – October 14, 2014 See attached memo. Bart Olson Administration Name Department Mayor and Council, Background Last winter and early spring, Com Ed was constructing new power poles along Beecher Rd. south of Corneils Rd. and working on their substation off of Corneils Rd. During this time, they irreparably damaged both roads to a point where reconstruction is needed for a portions of the roads. EEI and I have met with Com Ed and their representatives on site to discuss the options for remedying the situation and repairing the roads. Action Items I have been in negotiations with Com Ed regarding payment for damages, and the following settlement has been tentatively agreed upon: Beecher Rd. south of Corneils Rd. - $120,000.00 to repair and replace portions of the roadway. This is less than the $141, 530.00 that was estimated by EEI, yet still gives us a fair dollar amount to repair/replace the roadway. Corneils Rd. from Rt. 47 to Beecher Rd. - $290,000.00 to repair/replace the portions of the roadway. This estimate is lower than the $423,325.00 that was originally proposed by EEI due to the fact that the original estimate was to replace the entire road. Since the road was not in pristine condition before the damage by Com Ed, it was agreed that the $290,000.00 was a fair and reasonable offer and we could repair the roadway to a satisfactory condition. Memorandum To: Mayor and City Council From: Eric Dhuse, Director of Public Works CC: Date: October 8, 2014 Subject: Beecher Rd. Settlement Agreement Recommendation It would be my recommendation to accept both offers of compensation for damages to our roadway. Although we will not be able to complete the rehabilitations this year, we can make them passable for the winter and perform the reconstruction in the spring. I would ask that this be placed on the October 14, 2014 City Council agenda for discussion. If you have any questions, or need further information, please let me know. Resolution No. 2014-______ Page 1 Resolution No. 2014-_____ A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, APPROVING A GENERAL RELEASE BY AND BETWEEN THE UNITED CITY OF YORKVILLE AND THE COMMONWEALTH EDISON COMPANY (Beecher Road) WHEREAS, the United City of Yorkville, Kendall County, Illinois (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of this State; and, WHEREAS, the City has incurred property damages and associated losses arising out of an incident that occurred on or about January 1, 2014 and throughout the winter season of 2014 at or near a portion of Beecher Road located in the City (the “Incident”); and, WHEREAS, the Mayor and City Council have determined that it is in the best interests of the City to enter into a general release with the Commonwealth Edison Company in the amount of $120,000.00 to settle the City’s claim for damages arising out of the Incident, all as hereinafter set forth in the General Release by and between the United City of Yorkville and the Commonwealth Edison Company, attached hereto and made a part hereof. NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of the Untied City of Yorkville, Kendall County, Illinois, as follows: Section 1. That the General Release by and between the United City of Yorkville and the Commonwealth Edison Company, attached hereto and made a part hereof, is hereby approved and the Mayor and the City Clerk are hereby authorized to execute and deliver said General Release on behalf of the City. Section 2. This Resolution shall be in full force and effect from and after its passage and approval as provided by law. Resolution No. 2014-______ Page 2 Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this ________ day of ____________________, 2014. ______________________________ CITY CLERK CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ________ day of ____________________, 2014. ______________________________ MAYOR Attest: ___________________________________ City Clerk ComEd Claim Number: GCED2014352166 GENERAL RELEASE FOR AND IN CONSIDERATION OF THE SUM OF One Hundred and Twenty Thousand Dollars and Zero Cents ($120,000.00), in hand paid within 30 days of the execution and return of this General Release form, representing the aggregate of all road damages, repair bills and other bills, lost wages, lost revenue and lost time, other personal property damages belonging to the United City Of Yorkville, as well as the costs and expenses of recovery, The United City of Yorkville does hereby, for itself and its successor, assigns, and associated entities, servants and agents, release and forever discharge the Commonwealth Edison Company, a Corporation, its successors, assigns, and associated entities, servants and agents, of and from all actions, causes of actions, suits, controversies, claims and demands of whatsoever kind, at law or in equity, which it now has or may have for property damages and associated losses arising out of an incident that occurred on or about January 1, 2014 and throughout the winter season of 2014, at or near Beecher Road, South of Corneils Rd in the United City of Yorkville, Illinois. THE UNITED CITY OF YORKVILLE FURTHER UNDERSTANDS AND AGREES THAT THIS SETTLEMENT IS THE COMPROMISE OF A DOUBTFUL AND DISPUTED CLAIM AND THAT THE PAYMENT MADE IS NOT TO BE CONSTRUED AS AN ADMISSION OF LIABILITY ON THE PARTS OF THE PARTY OR PARTIES HEREBY RELEASED, BY WHOM LIABILITY IS EXPRESSLY DENIED. The United City of Yorkville further states affirmatively that it knows of no liens of any kind on the property damage claims asserted and that it agrees to indemnify the Commonwealth Edison Company, a Corporation, for any and all such claims based upon such a lien if presented at any time hereafter. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND SEALS THIS __________ DAY OF _______ A.D. 20____. United City of Yorkville By: ______________________________ Its: ______________________________ Notary (Seal) __________________________________ Resolution No. 2014-______ Page 1 Resolution No. 2014 _____ A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, APPROVING A GENERAL RELEASE BY AND BETWEEN THE UNITED CITY OF YORKVILLE AND THE COMMONWEALTH EDISON COMPANY (Corneils Road) WHEREAS, the United City of Yorkville, Kendall County, Illinois (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of this State; and, WHEREAS, the City has incurred road damages and associated losses arising out of an incident that occurred on or about January 1, 2014 and throughout the winter season of 2014 in the City (the “Incident”); and, WHEREAS, the Mayor and City Council have determined that it is in the best interests of the City to enter into a general release with the Commonwealth Edison Company in the amount of $290,000.00 to settle the City’s claim for damages arising out of the Incident, all as hereinafter set forth in the General Release by and between the United City of Yorkville and the Commonwealth Edison Company, attached hereto and made a part hereof. NOW, THEREFORE, BE IT RESOLVED, by the Mayor and City Council of the Untied City of Yorkville, Kendall County, Illinois, as follows: Section 1. That the General Release by and between the United City of Yorkville and the Commonwealth Edison Company, attached hereto and made a part hereof, is hereby approved and the Mayor and the City Clerk are hereby authorized to execute and deliver said General Release on behalf of the City. Section 2. This Resolution shall be in full force and effect from and after its passage and approval as provided by law. Resolution No. 2014-______ Page 2 Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this ________ day of ____________________, 2014. ______________________________ CITY CLERK CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ________ day of ____________________, 2014. ______________________________ MAYOR Attest: ___________________________________ City Clerk ComEd Claim Number: GCED2014352171 GENERAL RELEASE FOR AND IN CONSIDERATION OF THE SUM OF Two Hundred and Ninety Thousand Dollars and Zero Cents ($290,000.00), in hand paid within 30 days of the execution and return of this General Release form, representing the aggregate of all road damages, repair bills and other bills, lost wages, lost revenue and lost time, other personal property damages belonging to the United City of Yorkville, as well as the costs and expenses of recovery, The United City of Yorkville does hereby, for itself and its successor, assigns, and associated entities, servants and agents, release and forever discharge the Commonwealth Edison Company, a Corporation, its successors, assigns, and associated entities, servants and agents, of and from all actions, causes of actions, suits, controversies, claims and demands of whatsoever kind, at law or in equity, which it now has or may have for road damages and associated losses arising out of an incident that occurred on or about January 1, 2014 and throughout the winter season of 2014, in the United City of Yorkville, Illinois. ComEd is also aware of the truck restriction on the East end of Corneils Rd, and if a violation occurs during non-emergency work, applicable fines and/or citations could be pursued by the City. THE UNITED CITY OF YORKVILLE FURTHER UNDERSTANDS AND AGREES THAT THIS SETTLEMENT IS THE COMPROMISE OF A DOUBTFUL AND DISPUTED CLAIM AND THAT THE PAYMENT MADE IS NOT TO BE CONSTRUED AS AN ADMISSION OF LIABILITY ON THE PARTS OF THE PARTY OR PARTIES HEREBY RELEASED, BY WHOM LIABILITY IS EXPRESSLY DENIED. The United City Of Yorkville further states affirmatively that it knows of no liens of any kind on the property damage claims asserted and that it agrees to indemnify the Commonwealth Edison Company, a Corporation, for any and all such claims based upon such a lien if presented at any time hereafter. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND SEALS THIS __________ DAY OF _______ A.D. 20____. United City Of Yorkville By: ______________________________ Its: ______________________________ WITNESSES (NOTARY SEAL) __________________________________ Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: See Memorandum. Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number EDC #1 Tracking Number EDC 2014-12 Residential Builder Incentives City Council – October 14, 2014 Majority Vote Discussion of current builder incentives and proposed builder incentives Chris Heinen Community Development Name Department Background & Introduction: In an effort to stimulate new residential construction in Yorkville, staff has proposed additional incentives for new homes in Yorkville to boost development on the south side of town similar to the success seen on the north side as a result of the B.U.I.L.D. program. Listed below is a summary of the proposed model and spec home incentive programs. Proposed New Construction Builder Programs: Staff is proposing two separate programs to boost the marketability of the homebuilder as well as create an inventory of new homes in the area for immediate sale. Spec homes are typically built within the development to allow a quick sale of a home to the builder. Model homes are typically built to showcase the variety of homes offered by the builder. These homes are constructed and are not available for sale until the development reaches the end of completion. Staff is proposing the 50% reduction for spec homes, as these are intended to be sold immediately, and 100% reduction for model homes, as these are intended to last the duration without selling. Also, these programs cannot be combined with the B.U.I.L.D. program.  Spec Home Incentive: o When the builder purchases existing, platted lots within an established development, the City will reduce the City’s portion of the building permit by 50% to construct a Spec Home within the development at time of building permit issuance. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder would be refunded 50% of these permit fees. o Upon application for the Spec Home Incentive program, the builder will need to provide a title of the transaction that demonstrates ownership of a minimum of at least ten (10) residential lots within the development. o A builder would only be allowed to build spec homes on 10% of the total lots acquired within the development. (Example, if the builder purchases 122 total lots, the total number of spec homes allowed at a reduced permit fee would be 12. Any fraction as a result of the 10% calculation shall not be rounded up to the nearest whole number.) o One (1) initial Spec Home Incentive permit will be granted to the builder upon proof of lot ownership of at least ten (10) residential lots within the development. After the builder constructs and closes on ten (10) homes within the development, one (1) additional Spec Home permit will be granted, up to a maximum of 10% of the total lots purchased. (Example, if a builder purchases 122 total lots, they will be permitted one (1) Spec Home permit at proof of lot ownership. For every ten (10) homes built within the same development, the builder will be granted one (1) additional Spec Home permit. The maximum number of Spec Home permits allowed in this example would be 12.) o The City will cap the number of spec home incentives to 30 permits. These will be based on a first come, first serve basis.  Model Home Incentive: Memorandum To: City Council From: Chris Heinen, Planner CC: Bart Olson, City Administrator Krysti Barksdale-Noble, Community Development Director Date: October 6, 2014 Subject: Model Home/Spec Home Incentives o When the builder purchases existing, platted lots within an established development, the City will grant the reduction of 100% of the City’s portion of one (1) building permit to construct a model home. o When the builder completes and closes on ten (10) homes, the City will reduce the City’s portion of the next building permit by 100% to construct a model home within the development. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder would be refunded 100% of these permit fees. o A builder would only be allowed to construct model homes on 5% of the total lots acquired within the development. (Example, if the builder purchases 122 total lots, the total number of model homes allowed at a reduced permit fee would be 6. Any fraction as a result of the 5% calculation shall not be rounded up to the nearest whole number.) o Should the builder sell the model home within one (1) year of the issuance of a Certificate of Occupancy as part of the Model Home Incentive program, the builder will then be required to refund the City the 50% of the City’s portion of the originally issued building permit. In this instance, the home is no longer considered a “model” and would now be considered a Spec Home. The builder would then be “charged” a Spec Home incentive permit. If the builder has completed 100% of the allowable spec homes at that time, the builder would then be required to refund the full amount of the City’s portion of the building permit before the issuance of that home’s certificate of occupancy. o Once the builder has completed and closed on 95% of the purchased lots (minus the lots that have the models on them), the builder will be able to sell the remaining model homes at no penalty from the City. o The City will cap the number of model home incentives to 15 permits. These will be based on a first come, first serve basis. Conclusion: Staff had polled several builders in conjunction with these new incentives. The builders agreed that this type of incentive would spark additional sales in one form or another. The addition of model homes would allow a wider variety of styles the potential homebuyer would have to look at. The addition of spec homes would allow the builder to create an inventory of homes that could be marketed as a quick sale to the appropriate homebuyer. At the last EDC meeting, staff was asked to create a form that will be used to distinguish the difference between a builder and developer. Staff is in the process of creating these forms and will accompany the appropriate application submitted to the City for either of the incentives. Ordinance No. 2014-____ Page 1 Ordinance No. 2014- _____ AN ORDINANCE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, ADOPTING NEW CONSTRUCTION BUILDER INCENTIVE PROGRAMS WHEREAS, the United City of Yorkville (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, two new construction builder programs for a speculative home incentive and model home incentive have been recommended to create an inventory of new homes in the City for immediate sale; and, WHEREAS, the Mayor and City Council have reviewed the proposed new construction builder programs and have determined that it is in the best interest of the City and its future residential growth to adopt the new construction builder programs with the Speculative Home Incentive and Model Home Incentive. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1: That the memorandum dated August 26, 2014 from City Planner Chris Heinen, attached hereto and made a part hereof by reference, describing the new construction builder programs with the Speculative Home Incentive and Model Home Incentive effective from January 1, 2015 until December 31, 2015 be and are hereby adopted as policies of the United City of Yorkville. Section 2: All ordinances or parts of ordinances in conflict with the provisions of this ordinance are hereby repealed to the extent of such conflict. Section 3: This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this ________ day of ____________________, 2014. ______________________________ CITY CLERK Ordinance No. 2014-____ Page 2 CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ________ day of ____________________, 2014. ______________________________ MAYOR 2012 2013 2014*Total B.U.I.L.D. Program 37 50 44 131 Single Family Detached 32 33 6 71 0 20 40 60 80 100 120 140 Success of B.U.I.L.D. Program *Data obtained from January 2014 to August 2014. Proposed New Construction Builder Programs: Staff is proposing two separate programs to boost the marketability of the homebuilder as well as create an inventory of new homes in the area for immediate sale. Spec homes are typically built within the development to allow a quick sale of a home to the builder. Model homes are typically built to showcase the variety of homes offered by the builder. These homes are constructed and are not available for sale until the development reaches the end of completion. Staff is proposing the 50% reduction for spec homes, as these are intended to be sold immediately, and 100% reduction for model homes, as these are intended to last the duration without selling. Also, these programs cannot be combined with the B.U.I.L.D. program. • Spec Home Incentive: o When the builder purchases existing, platted lots within an established development, the City will reduce the City’s portion of the building permit by 50% to construct a Spec Home within the development at time of building permit issuance. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder would be refunded 50% of these permit fees. o Upon application for the Spec Home Incentive program, the builder will need to provide a title of the transaction that demonstrates ownership of a minimum of at least ten (10) residential lots within the development. o A builder would only be allowed to build spec homes on 10% of the total lots acquired within the development. (Example, if the builder purchases 122 total lots, the total number of spec homes allowed at a reduced permit fee would be 12. Any fraction as a result of the 10% calculation shall not be rounded up to the nearest whole number.) o One (1) initial Spec Home Incentive permit will be granted to the builder upon proof of lot ownership of at least ten (10) residential lots within the development. After the builder constructs and closes on ten (10) homes within the development, one (1) additional Spec Home permit will be granted, up to a maximum of 10% of the total lots purchased. (Example, if a builder purchases 122 total lots, they will be permitted one (1) Spec Home permit at proof of lot ownership. For every ten (10) homes built within the same development, the builder will be granted one (1) additional Spec Home permit. The maximum number of Spec Home permits allowed in this example would be 12.) o The City will cap the number of spec home incentives to 30 permits. These will be based on a first come, first serve basis. • Model Home Incentive: o When the builder purchases existing, platted lots within an established development, the City will grant the reduction of 100% of the City’s portion of one (1) building permit to construct a model home. o When the builder completes and closes on ten (10) homes, the City will reduce the City’s portion of the next building permit by 100% to construct a model home within the development. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder would be refunded 100% of these permit fees. o A builder would only be allowed to construct model homes on 5% of the total lots acquired within the development. (Example, if the builder purchases 122 total lots, the total number of model homes allowed at a reduced permit fee would be 6. Any fraction as a result of the 5% calculation shall not be rounded up to the nearest whole number.) o Should the builder sell the model home within one (1) year of the issuance of a Certificate of Occupancy as part of the Model Home Incentive program, the builder will then be required to refund the City the 50% of the City’s portion of the originally issued building permit. In this instance, the home is no longer considered a “model” and would now be considered a Spec Home. The builder would then be “charged” a Spec Home incentive permit. If the builder has completed 100% of the allowable spec homes at that time, the builder would then be required to refund the full amount of the City’s portion of the building permit before the issuance of that home’s certificate of occupancy. o Once the builder has completed and closed on 95% of the purchased lots (minus the lots that have the models on them), the builder will be able to sell the remaining model homes at no penalty from the City. o The City will cap the number of model home incentives to 15 permits. These will be based on a first come, first serve basis. Conclusion: Staff had polled several builders in conjunction with these new incentives. The builders agreed that this type of incentive would spark additional sales in one form or another. The addition of model homes would allow a wider variety of styles the potential homebuyer would have to look at. The addition of spec homes would allow the builder to create an inventory of homes that could be marketed as a quick sale to the appropriate homebuyer. Staff is seeking feedback and direction from the Economic Development Committee on the proposed new incentives. If the EDC recommends to move these programs forward, this will next be heard at the September 9th City Council meeting. As mentioned at the beginning of the memo, staff would be targeting an implementation date of January 1, 2015. Background & Introduction: At the March 2013 Economic Development Committee meeting, staff was asked to research and propose additional incentives for new homes in Yorkville to boost development on the south side of town similar to the success seen on the north side as a result of the B.U.I.L.D. program. In an effort to stimulate new residential construction in Yorkville, staff has created new builder incentives to complement the current B.U.I.L.D. program. Listed below is a summary of the current B.U.I.L.D. program and proposed new home incentive programs. Current Programs:  The Buyers of Undeveloped Infill Lot Discount (B.U.I.L.D.) program will now be available for an unlimited number of qualifying new single-family residential building permits submitted by March 26, 2015, and offers the following benefits: o Payment of building permit and impact fees will be delayed until the issuance of the certificate of occupancy on the condition that the certificate is issued within one (1) year from building permit approval, o The municipal building impact fee will be reduced from $5,509.00 per residential unit to $1,759.00 per residential unit. o The City will rebate a portion of the building permit fee, up to $5,000.00 with a matching contribution up to $5,000.00 from the builder/developer, and present the homebuyer with a check for up to $10,000.00 upon issuance of the final certificate of occupancy. Memorandum To: Economic Development Committee From: Chris Heinen, Planner CC: Bart Olson, City Administrator Krysti Barksdale-Noble, Community Development Director Date: April 14, 2014 Subject: Residential Builder Incentives Proposed New Construction Builder/Developer Programs: Staff is proposing two separate programs to boost the marketability of the homebuilder as well as create an inventory of new homes in the area for immediate sale. Spec homes are typically built within the development to allow a quick sale of a home to the builder. Model homes are typically built to showcase the variety of homes offered by the builder. These homes are constructed and are not available for sale until the development reaches the end of completion. Staff is proposing the 50% reduction for spec homes, as these are intended to be sold immediately, and 100% reduction for model homes, as these are intended to last the duration without selling.  Spec Home Incentive: o When the builder/developer purchases existing, platted lots within an established development, the City will reduce the City’s portion of the building permit by 50% to construct a Spec Home within the development at time of building permit issuance. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder/developer would be refunded 50% of these permit fees. o Upon application for the Spec Home Incentive program, the builder/developer will need to provide a title of the transaction that demonstrates ownership of a minimum of at least ten (10) residential lots within the development. o A builder/developer would only be allowed to build spec homes on 10% of the total lots acquired within the development. (Example, if the builder/developer purchases 122 total lots, the total number of spec homes allowed at a reduced permit fee would be 12. Any fraction as a result of the 10% calculation shall not be rounded to the nearest whole number.) o One (1) initial Spec Home Incentive will be granted to the builder/developer upon proof of lot ownership of at least ten (10) residential lots within the development. Afterwards, an additional one (1) Spec Home Incentive will be granted for every ten (10) homes the builder/developer completes and closes, up to a maximum of 10% of the total lots purchased.  Model Home Incentive: o When the builder/developer purchases existing, platted lots within an established development, the City will grant the reduction of 100% of the City’s portion of one (1) building permit to construct a model home. o When the builder/developer completes and closes on ten (10) homes, the City will reduce the City’s portion of the next building permit by 100% to construct a model home within the development. o The average City portion of a typical building permit ranges from $2,600 to $11,500 and consists of the following fees: Building permit fee, Building Plan Review fee, water connection fee, sewer connection fee, water meter, public walk and driveway fee, capital fees (library, police, public works, and parks) and inspection fees (see attached sample building permit). The builder/developer would be refunded 100% of these permit fees. o A builder would only be allowed to construct a certain number of model homes at the reduced rate per development, based on the total number of lots.  Minimum of 50 Lots: 1 additional model home  51 – 150 Lots: 2 additional model homes  151 – 225 Lots: 3 additional model homes  Above 225 Lots: 4 additional model homes o Should the builder sells the model home within one (1) year of the issuance of a Certificate of Occupancy as part of the Model Home Incentive program, the builder will then be required to refund the City the 50% of the City’s portion of the originally issued building permit. In this instance, the home is no longer considered a “model” and would now be considered a Spec Home. The builder would then be “charged” a Spec Home incentive permit. If the builder has completed 100% of the allowable spec homes at that time, the builder/developer would then be required to refund full City’s portion of the building permit within 30 days of the closing of the home. Staff had polled several builders in conjunction with these new incentives. The builders agreed that this type of incentive would spark additional sales in one form or another. The addition of model homes would allow a wider variety of styles the potential homebuyer would have to look at. The addition of spec homes would allow the builder to create an inventory of homes that could be marketed as a quick sale to the appropriate homebuyer. Staff is seeking feedback and direction from the Economic Development Committee on the proposed new incentives. Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number PKBD #1 Tracking Number CC 2014-90 License Agreements for Riverfront Buildings City Council – October 14, 2014 See attached memo. Tim Evans Parks and Recreation Name Department Summary Review of converting Lease Agreements to License Agreements for White Water/Foxy’s Ice Cream and Geneva Kayak. Background During the 2011 calendar year, it was recommended by Staff and approved by the Park Board and City Council to offer Parks and Recreation facilities located at Riverfront Park to the public for the opportunity to rent part of the space for business purposes. Previous to these facilities being converted to rental property, they were used for recreation programming and/or were unused space. Over the past three years, the City of Yorkville Parks and Recreation Department has leased three (3) businesses rental space in facilities located near Riverfront Park. Two of the businesses are still operating with their leases up for renewal next year. After discussions with the Kendall County Assessor, it was determined that by changing the Riverfront business rentals from a “lease agreement” into a “license agreement,” the yearly real estate tax burden on the renters will be eliminated starting in 2016, the 2015 tax bill. Analysis Since the businesses are located in a Tax Increment Financing (TIF) district, all of the taxes currently collected are placed into the TIF. The TIF district is a special funding tool used by the City to redevelop as well as to promote public and private investment within the TIF district. According to a quick Internet review, the general differences between a lease and license are: Lease: A lease is an agreement in which the landlord agrees to give the tenant the exclusive right to occupy real property, usually for a specific term and, in exchange, the tenant agrees to give the landlord some sort of consideration. A lease transfers to the tenant a leasehold interest in the real property and, unless otherwise provided in the lease, a lease is transferable and irrevocable. Memorandum To: Yorkville City Council From: Tim Evans, Director of Parks and Recreation CC: Bart Olson, City Administrator Scott Sleezer, Superintendent of Parks Shay Remus, Superintendent of Recreation Date: October 8, 2014 Subject: Lease Agreements to License Agreements for White Water/Foxy’s Ice Cream and Geneva Kayak. License: A license gives the permission of the owner to an individual or an entity to use real property for a specific purpose. Unlike a lease, it does not transfer an interest in the real property. It is personal to the licensee and any attempt to transfer the license terminates it. It is (usually) revocable and can be either exclusive or non-exclusive. By making this change, it is anticipated that a license will lessen the tax burden on the occupying entities and, in turn, make the businesses more successful. Recommendation Staff recommends converting the leases into licenses. Attached are the license agreements for review. At its September 18, 2014 meeting, the Park Board approved a recommendation to City Council to convert the leases to licenses. Staff seeks City Council approval for the authorization to change White Water/Foxy’s Ice Cream and Geneva Kayak’s lease agreements to license agreements. Ordinance No. 2014-____ Page 1 Ordinance No. 2014-_____ AN ORDINANCE APPROVING A LICENSE AGREEMENT by and between THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS and WHITE WATER ICE CREAM, INC. d/b/a FOXY’S ICE CREAM WHEREAS, the United City of Yorkville (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City owns property located at 131 East Hydraulic Street, Units A and B, in the City (the “Premises”); and, WHEREAS, White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream (the “Licensee”) desires to enter into a license agreement with the City for the operation of a business for the sale of certain food and beverages for consumption on and off the Premises; and, WHEREAS, the City is willing to grant the Licensee a license to operate the abovementioned business subject to the terms and conditions set forth in the License Agreement by and between the United City of Yorkville, Kendall County, Illinois and White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream, attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The above recitals are incorporated and made a part of this Ordinance. Section 2. The License Agreement by and between the United City of Yorkville, Kendall County, Illinois and White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream, attached hereto and made a part hereof, is hereby approved and the Mayor and City Clerk are hereby authorized to execute and deliver said Agreement on behalf of the City. Section 3. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this ________ day of _____________________, A.D. 2014. ______________________________ CITY CLERK Ordinance No. 2014-____ Page 2 CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ________ day of ____________________, A.D. 2014. ______________________________ MAYOR Attest: ___________________________________ CITY CLERK LICENSE AGREEMENT This LICENSE AGREEMENT (the “Agreement”) entered into this _____ day of __________, 2014, by and between the United City of Yorkville, Kendall County, Illinois, a municipal corporation (hereinafter referred to as the “City”), and White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream, an Illinois corporation (hereinafter referred to as the “Licensee”). WITNESSETH: WHEREAS, the City is a duly organized and validly existing non home-rule municipality of the State of Illinois under the 1970 Illinois Constitution and the laws of the State of Illinois and the owner of property located at 131 East Hydraulic Street, Units A and B, Yorkville (the “Premises”); and, WHEREAS, the City and the Licensee desire to enter into this License Agreement for the operation of a business for the sale of certain food and beverages for consumption on and off the Premises. NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the City and the Licensee agree as follows: I. TERMS AND CONDITIONS 1. CITY ORDINANCES The Licensee will strictly comply with all ordinances of the United City of Yorkville and laws of the State of Illinois. 2. USE OF CITY'S NAME The Licensee is specifically denied the right of using in any form or medium the name of the City for public advertising unless express permission is granted by the City. 3. INDEMNITY AND HOLD HARMLESS AGREEMENT To the fullest extent permitted by law, the Licensee shall indemnify, keep and save harmless the City and its agents, officers, and employees, against all injuries, deaths, losses, damages, claims, suits, liabilities, judgments, costs and expenses, which may arise directly or indirectly from any negligence or from the reckless or willful misconduct of the Licensee, its agents, its employees, or any other person using the Premises, and the Licensee shall at its own expense, appear, defend and pay all charges of attorneys and all costs and other expenses arising therefrom or incurred in connection therewith, and, if any judgment shall be rendered against the City in any such action, the Licensee shall, at its own expense, satisfy and discharge the same. This Agreement shall not be construed as requiring the Licensee to indemnify the City for its own negligence. The Licensee shall indemnify, keep and save harmless the City only where a loss was caused by the negligent, willful or reckless acts or omissions of the Licensee, its agents, its employees, or any other person using the Premises. 4. INSURANCE REQUIREMENTS 4.1. Prior to the effective date of this Agreement, the Licensee shall procure, maintain and pay for such insurance as will protect against claims for bodily injury or death, or for damage to property, including loss of use, which may arise out of operations by the Licensee, or by anyone employed by the Licensee, or by anyone for whose acts the Licensee may be liable. Such insurance required of the Licensee shall not be less than the greater of coverages and limits of liability specified below or coverages and limits required by law unless otherwise agreed to by the City: Workers Compensation $500,000 Statutory Employers Liability $1,000,000 Each Accident $1,000,000 Disease Policy Limit $1,000,000 Disease Each Employee Comprehensive General Liability $2,000,000 Each Occurrence $2,000,000 Aggregate (Applicable on a Per Project Basis) Umbrella Liability $3,000,000 4.2. The Licensee shall have its Comprehensive General Liability (including products/completed operations coverage), Employers Liability, and Umbrella/Excess Liability policies endorsed to add the "City of Yorkville, its officers, officials, employees and volunteers" as "additional insureds" with respect to liability arising out of operations performed, including but not limited to claims for bodily injury or death brought against the City by the Licensee and/or the Licensee’s employees, however caused, related to the performance of operations under this Agreement. Such insurance afforded to the City shall be endorsed to provide that the insurance provided under each policy shall be Primary and Non- Contributory. 4.3. The Licensee shall maintain in effect all insurance coverages required by this Agreement at its sole expense and with insurance carriers licensed to do business in the State of Illinois and having a current A.M. Best rating of no less than A- VIII. In the event that the Licensee fails to procure or maintain any insurance required by this Agreement, the City may, at its option, purchase such coverage and deduct the cost thereof from any monies due to the Licensee, or withhold funds in an amount sufficient to protect the City, or terminate this Agreement pursuant to its terms. 4.4. All insurance policies shall contain a provision that coverages and limits afforded hereunder shall not be canceled, materially changed, non-renewed or restrictive modifications added, without thirty (30) days prior written notice to the City. Renewal certificates shall be provided to the City not less than five (5) days prior to the expiration date of any of the required policies. All Certificates of Insurance shall be in a form acceptable to the City and shall provide satisfactory evidence of compliance with all insurance requirements. The City shall not be obligated to review such certificates or other evidence of insurance, or to advise the Licensee of any deficiencies in such documents, and receipt thereof shall not relieve the Licensee from, nor be deemed a waiver of the right to enforce the terms of, the obligations hereunder. The City shall have the right to examine any policy required and evidenced on the Certificate of Insurance. 5. SUBLETTING OF AGREEMENT The Licensee shall not sublet the Premises or any portion of it, nor shall the Licensee assign this Agreement or any interest in it; any attempted assignment of this Agreement or subletting of the Premises shall be of no force or effect, and shall confer no rights upon any assignee or sublicensee. 6. TERM OF AGREEMENT The term of this Agreement shall be from _________, 2014 until __________, _____, with the City having an option to exercise two, two-year option terms. The Licensee may negotiate in good faith, on request of the City, for an extension to this Agreement, provided that the extension is approved by the City Council no later than one hundred twenty (120) days before the termination of the existing Agreement. 7. TERMINATION OF AGREEMENT The City reserves the right to terminate the whole or any part of this Agreement, upon thirty (30) days written notice to the Licensee, in the event of default by the Licensee. Default is defined as failure of the Licensee to perform any of the provisions of this Agreement or failure to make sufficient progress so as to endanger performance of this Agreement in accordance with its terms. In the event that the Licensee fails to cure the default upon notice, and the City declares default and termination, the City may procure, upon such terms and in such manner as the City may deem appropriate, supplies or services similar to those so terminated. Any such excess costs incurred by the City may be set-off against any monies due and owing by the City to the Licensee. 8. RELATIONSHIP BETWEEN THE LICENSEE AND THE CITY The relationship between the City and White Water Ice Cream, Inc. d/b/a Foxy’s Ice Cream is that of a Licensor and Licensee. 9. GOVERNING LAW This Agreement will be governed by and construed in accordance with the laws of the State of Illinois without regard for the conflict of laws provisions. Venue is proper only in the County of Kendall and the Northern District of Illinois. 10. WAIVER OF LICENSE BREACH The waiver by one party of any breach of this Agreement or the failure of one party to enforce at any time, or for any period of time, any of the provisions hereof will be limited to the particular instance and will not operate or be deemed to waive any future breaches of this Agreement and will not be construed to be a waiver of any provision except for the particular instance. 11. AMENDMENT This Agreement will not be subject to amendment unless made in writing and signed by all parties. 12. SEVERABILITY OF INVALID PROVISIONS If any provisions of this Agreement are held to contravene or be invalid under the laws of any state, country or jurisdiction, it will not invalidate the entire Agreement, but it will be construed as if not containing the invalid provision and the rights or obligations of the parties will be construed and enforced accordingly. 13. NOTICE Any notice will be in writing and will be deemed to be effectively served when deposited in the mail with sufficient first class postage affixed, and addressed to the party at the party's place of business. Notices shall be addressed to the City as follows: Director of Parks and Recreation City of Yorkville 800 Game Farm Road. Yorkville, IL 60560 Notices shall be addressed to the Licensee as follows: Robyn Sutcliff White Water Ice Cream, Inc. 131 East Hydraulic Street, Units A and B Yorkville, IL 60560 14. OPERATING SPECIFICATIONS OF THE LICENSE AGREEMENT 14.1. In general terms, the City is seeking to grant the Licensee the exclusive privilege of operating a concession business in Units A and B of the premises generally located at 131 East Hydraulic Street in Yorkville. 14.2. The City shall have the right to enter and to inspect the Premises at all times, without any prior notice to the Licensee. 14.3. The Licensee expressly agrees to allow the Licensee of Unit C of 131 East Hydraulic Street, Yorkville to have access to the hot water heater that serves Unit C for the purposes of inspecting, repairing, replacing and maintaining said hot water heater. 14.4. The Licensee shall be responsible for all taxes and personal property, and maintenance work on the Premises, with the exception of maintaining the hot water heater that serves Unit C. Any capital improvements done on the Premises, excluding the hot water heater that serves Unit C, over $5,000 in value, other than the initial improvements, shall be approved by the Park Board prior to commencement. For the purposes of this Agreement, maintenance work shall include regular upkeep of all components of the Premises, including maintenance and repairs, with the exception of the hot water heater that serves Unit C. If any component of the Premises, excluding the hot water heater that serves Unit C, is in need of repair or replacement, and the repair or replacement is greater than $500, then the City shall be responsible for the replacement of said component, provided the cost of repair of the component is greater than 50% of the cost of replacing the component. The preceding sentence does not apply to any capital improvements initiated and installed by the Licensee as a result of the renovation of the Premises, or to any repairs or replacements that are necessary because of any damage to or destruction of the Premises, the hot water heater that serves Unit C, and/or Unit C caused by or resulting from the actions or omissions of the Licensee. Any capital improvements done on the Premises, excluding the hot water heater that serves Unit C, of $5,000 or less, other than the initial improvements, shall be approved by the Director of Parks and Recreation prior to commencement. Any capital improvements must be inspected by the City and all work and contractors must be licensed, bonded, and insured. For all determinations made on the 50% repair/replacement cost above, the Licensee shall require no less than three bids from qualified contractors for all repair and replacement quotes. 14.5. At the end of the agreement term, the City shall conduct an inspection of the Premises, and the Licensee shall be informed of the outcome of said inspection. The Licensee shall be responsible for returning the Premises to its original state, subject to the discretion of the Park Board. 14.6. The Licensee does not have exclusive rights to all concession operations within the park, but rather, only to the specific operation at the Premises. 14.7. The Licensee shall be permitted to operate a business offering the following goods and services in the premises defined herein, without further action by the City, and all other uses and operations must be approved by the City: 14.7.1.1. Ice cream and related products, hot dogs, brats, and other sausage products, and beverages with the exception of coffee and coffee related products. 14.8. The Licensee expressly acknowledges that it may rent Riverfront Park free of charge only two times in each license year. If the Licensee desires to rent Riverfront Park more than two times in a license year, it must apply for such rental by filling out and submitting a City Park’s rental form and paying the applicable rental fee. 14.9. The City agrees to furnish to the Licensee access to City water and sewer utilities. The Licensee is responsible for applicable usage payments for all utilities (sewer, water, natural gas, electricity, phone, internet, etc.), and is responsible for costs associated with utility connections and upgrades, including metering of the portion of the building to be used. The City shall furnish to the Licensee bi-monthly utility bills for water and sewer services. The Licensee expressly agrees to divide the monies owed for any natural gas bill between it and the Licensee of Unit C based the total square footage of each Licensee’s respective unit(s). 14.10. If the Licensee chooses not to occupy the Premises through the winter months, the Licensee shall take all necessary precautions and measures to properly winterize the Premises. These precautionary measures shall include, but not be limited to, maintaining a minimum level of heat no less than 60 degrees Fahrenheit to protect the Premises from extreme freezing conditions. If alternative methods of winterizing are to be utilized, those methods shall be subject to approval from the property owner. The Licensee is expressly prohibited from shutting-off utilities at the Premises or placing said utilities on snow bird operations at any time during the term of this Agreement. 14.11. The Licensee expressly agrees to be responsible for any and all damage to and/or destruction of the Premises, the hot water heater that serves Unit C, and/or Unit C occurring during the term of this Agreement and caused by or resulting from the actions or omissions of the Licensee. The Licensee agrees to repair and replace said damaged or destroyed portions of the Premises, the hot water heater that serves Unit C, and/or Unit C, at the Licensee’s sole expense, in accordance with all ordinances of the City and while this Agreement remains in effect. 15. PAYMENTS AND OTHER REPORTS TO THE CITY 15.1. The Licensee is required to submit certain payments, forms, financial statements, and other items on a timely basis. Failure to submit any of the required items in a timely fashion may result in a breach of the Agreement. 15.2. The Licensee, at minimum, shall make payments equivalent to 5% of the annual sum of the total adjusted gross receipts. The Licensee shall make said payment prior to February 1 of each year. 15.3. The Licensee shall make payments for the privilege of using the Premises of $200.00 per month for each month through the term of the Agreement, due prior to the first of each calendar month. 15.4. The Licensee shall provide the City with a security deposit in the amount of $1,000, to be due to the City prior to the start of the agreement term. Said deposit shall be held until after the end of the term of the Agreement, and will be used to offset any damage to the Premises. 15.5. The Licensee shall provide to the City, prior to the start of the Agreement, confirmation of insurance coverage for the Premises and the operations of the business for the entire term, with the City named as an additional insured on all policies. 15.6. Failure to meet any deadline for payment will result in an interest charge of 10% on said late payment. 15.7. The Licensee is required to submit to the Director of Parks and Recreation an annual concession financial statement by January 30 of each year. 16. PRINCIPAL CONTACT FOR THE CITY The principal contact for the City that will coordinate assistance to the Licensee will be Tim Evans, Director of Parks and Recreation. 17. EMPLOYEES The Licensee shall undertake to perform all services rendered in a neat, orderly and efficient manner; to use care and diligence in the performance of this Agreement; and to provide neat, orderly and courteous personnel. The Licensee agrees to prohibit any drinking of alcoholic beverages or use of illegal drugs or drugs which impair the ability of the employee or agent to safely and adequately perform his or her job while on duty or in the course of performing his or her duties under this Agreement. The Licensee also agrees to ensure that each employee driving a vehicle shall at all times carry a valid operator’s license for the type of vehicle he/she is driving. The Licensee’s employees will be attired, at all times, in a professional-type manner. 18. ACCIDENT PREVENTION Precaution shall be exercised at all times for the citizens, employees and property. The safety provisions of all applicable laws and building and construction codes shall be observed. Machinery, equipment and all hazards shall be guarded or eliminated in accordance with safety provisions. 19. TAXES, LICENSES & PERMITS The Licensee shall pay all sales, use, property, income and other taxes that are lawfully assessed against the City or the Licensee in connection with the Premises and the work included in this Agreement, and shall obtain and pay for all licenses, permits, certificates of authority, and inspections required for the work. The Licensee shall furnish to the City satisfactory evidence that it has all permits, licenses, and certificates of authority required to operate for the term of this Agreement. 20. DEFAULT If the Licensee fails to observe any portion of this Agreement and there has not been sufficient cause to justify such lack of observance, the City shall serve notice, either personally or by affixing such notice to the Premises, that this Agreement shall be in default if the Licensee does not take action to remedy the lack of observance within twenty-four (24) hours of said notice. If at the end of the twenty-four (24) hour period, the Licensee has not made the necessary corrections, the City shall take such steps as are necessary to provide such services. The Licensee will be liable for any costs of such steps from the date of the notice of default. If deemed necessary by the City’s designated representative, the City shall have the right to take over all equipment and facilities of the Licensee. 21. CERTIFICATIONS 21.1. The Licensee makes the following certifications as required by law: 21.1.1. The Licensee certifies that it is not barred from bidding or contracting with any unit of State or local government as a result of a violation of either Section 33E-3 or 33E-4 of Act 5, Chapter 720 of the Illinois Complied Statutes regarding criminal interference with public contracting; and, 21.1.2. The Licensee swears under oath that it is not delinquent in the payment of any tax administered by the Illinois Department of Revenue as required by Chapter 65, Act 5, paragraph 11-42.1-1 of the Illinois Complied Statutes; and, 21.2. The Licensee shall at all times abide by all applicable federal, state, and City laws, ordinances, rules and regulations which may in any manner affect the performance of this Agreement. IN WITNESS, WHEREOF, the parties hereto have caused this License Agreement to be executed by their duly authorized officers on the day and year first hereinabove written. UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS By: ________________________________ Its: ________________________________ Attest: ______________________________ City Clerk WHITE WATER ICE CREAM, INC. d/b/a FOXY’S ICE CREAM By: ________________________________ Its: ________________________________ Attest: ______________________________ Secretary                             Ordinance No. 2014-____ Page 1 Ordinance No. 2014- _____ AN ORDINANCE APPROVING A LICENSE AGREEMENT by and between THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS and SPECIALTY EXPEDITIONS, INC. d/b/a GENEVA KAYAK CENTER WHEREAS, the United City of Yorkville (the “City”) is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City owns property located at Riverfront Park, 301 East Hydraulic Street, in the City, and commonly known as the Riverfront Building (the “Premises”); and, WHEREAS, Specialty Expeditions, Inc. d/b/a Geneva Kayak Center (the “Licensee”) desires to enter into a license agreement with the City for the operation of a canoe and kayak rental center on the Premises; and, WHEREAS, the City is willing to grant the Licensee a license to operate the abovementioned business on the Premises subject to the terms and conditions set forth in the License Agreement by and between the United City of Yorkville, Kendall County, Illinois and Specialty Expeditions, Inc. d/b/a Geneva Kayak Center, attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The above recitals are incorporated and made a part of this Ordinance. Section 2. The License Agreement by and between the United City of Yorkville, Kendall County, Illinois and Specialty Expeditions, Inc. d/b/a Geneva Kayak Center, attached hereto and made a part hereof, is hereby approved and the Mayor and City Clerk are hereby authorized to execute and deliver said Agreement on behalf of the City. Section 3. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this ________ day of ____________________, A.D. 2014. ______________________________ CITY CLERK Ordinance No. 2014-____ Page 2 CARLO COLOSIMO ________ KEN KOCH ________ JACKIE MILSCHEWSKI ________ LARRY KOT ________ CHRIS FUNKHOUSER ________ JOEL FRIEDERS ________ ROSE ANN SPEARS ________ DIANE TEELING ________ Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this ________ day of ____________________, A.D. 2014. ______________________________ MAYOR Attest: ___________________________________ CITY CLERK LICENSE AGREEMENT This LICENSE AGREEMENT (the “Agreement”) entered into this _____ day of __________, 2014, by and between the United City of Yorkville, Kendall County, Illinois, a municipal corporation (hereinafter referred to as the “City”), and Specialty Expeditions, Inc. d/b/a Geneva Kayak Center, an Illinois corporation (hereinafter referred to as the “Licensee”). WITNESSETH: WHEREAS, the City is a duly organized and validly existing non home-rule municipality of the State of Illinois under the 1970 Illinois Constitution and the laws of the State of Illinois and the owner of property located at Riverfront Park, 301 East Hydraulic Street, Yorkville, and commonly known as the Riverfront Building (the “Premises”); and, WHEREAS, the City and the Licensee desire to enter into this License Agreement for the operation of a canoe and kayak rental center on the Premises. NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the City and the Licensee agree as follows: I. TERMS AND CONDITIONS 1. CITY ORDINANCES The Licensee will strictly comply with all ordinances of the United City of Yorkville and laws of the State of Illinois. 2. USE OF CITY'S NAME The Licensee is specifically denied the right of using in any form or medium the name of the City for public advertising unless express permission is granted by the City. 3. INDEMNITY AND HOLD HARMLESS AGREEMENT To the fullest extent permitted by law, the Licensee shall indemnify, keep and save harmless the City and its agents, officers, and employees, against all injuries, deaths, losses, damages, claims, suits, liabilities, judgments, costs and expenses, which may arise directly or indirectly from any negligence or from the reckless or willful misconduct of the Licensee, its agents, its employees, or any other person using the Premises, and the Licensee shall at its own expense, appear, defend and pay all charges of attorneys and all costs and other expenses arising therefrom or incurred in connection therewith, and, if any judgment shall be rendered against the City in any such action, the Licensee shall, at its own expense, satisfy and discharge the same. This Agreement shall not be construed as requiring the Licensee to indemnify the City for its own negligence. The Licensee shall indemnify, keep and save harmless the City only where a loss was caused by the negligent, willful or reckless acts or omissions of the Licensee, its agents, its employees, or any other person using the Premises. 4. INSURANCE REQUIREMENTS 4.1. Prior to the effective date of this Agreement, the Licensee shall procure, maintain and pay for such insurance as will protect against claims for bodily injury or death, or for damage to property, including loss of use, which may arise out of operations by the Licensee, or by anyone employed by the Licensee, or by anyone for whose acts the Licensee may be liable. Such insurance required of the Licensee shall not be less than the greater of coverages and limits of liability specified below or coverages and limits required by law unless otherwise agreed to by the City: Workers Compensation $500,000 Statutory Employers Liability $1,000,000 Each Accident $1,000,000 Disease Policy Limit $1,000,000 Disease Each Employee Comprehensive General Liability $2,000,000 Each Occurrence $2,000,000 Aggregate (Applicable on a Per Project Basis) Umbrella Liability $3,000,000 4.2. The Licensee shall have its Comprehensive General Liability (including products/completed operations coverage), Employers Liability, and Umbrella/Excess Liability policies endorsed to add the "City of Yorkville, its officers, officials, employees and volunteers" as "additional insureds" with respect to liability arising out of operations performed, including but not limited to claims for bodily injury or death brought against the City by the Licensee and/or the Licensee’s employees, however caused, related to the performance of operations under this Agreement. Such insurance afforded to the City shall be endorsed to provide that the insurance provided under each policy shall be Primary and Non- Contributory. 4.3. The Licensee shall maintain in effect all insurance coverages required by this Agreement at its sole expense and with insurance carriers licensed to do business in the State of Illinois and having a current A.M. Best rating of no less than A- VIII. In the event that the Licensee fails to procure or maintain any insurance required by this Agreement, the City may, at its option, purchase such coverage and deduct the cost thereof from any monies due to the Licensee, or withhold funds in an amount sufficient to protect the City, or terminate this Agreement pursuant to its terms. 4.4. All insurance policies shall contain a provision that coverages and limits afforded hereunder shall not be canceled, materially changed, non-renewed or restrictive modifications added, without thirty (30) days prior written notice to the City. Renewal certificates shall be provided to the City not less than five (5) days prior to the expiration date of any of the required policies. All Certificates of Insurance shall be in a form acceptable to the City and shall provide satisfactory evidence of compliance with all insurance requirements. The City shall not be obligated to review such certificates or other evidence of insurance, or to advise the Licensee of any deficiencies in such documents, and receipt thereof shall not relieve the Licensee from, nor be deemed a waiver of the right to enforce the terms of, the obligations hereunder. The City shall have the right to examine any policy required and evidenced on the Certificate of Insurance. 5. SUBLETTING OF AGREEMENT The Licensee shall not sublet the Premises or any portion of it, nor shall the Licensee assign this Agreement or any interest in it; any attempted assignment of this Agreement or subletting of the Premises shall be of no force or effect, and shall confer no rights upon any assignee or sublicensee. 6. TERM OF AGREEMENT The term of this Agreement shall be from _________, 2014 until __________, _____, with the City having an option to exercise two, two-year option terms. The Licensee may negotiate in good faith, on request of the City, for an extension to this Agreement, provided that the extension is approved by the City Council no later than one hundred twenty (120) days before the termination of the existing Agreement. 7. TERMINATION OF AGREEMENT The City reserves the right to terminate the whole or any part of this Agreement, upon thirty (30) days written notice to the Licensee, in the event of default by the Licensee. Default is defined as failure of the Licensee to perform any of the provisions of this Agreement or failure to make sufficient progress so as to endanger performance of this Agreement in accordance with its terms. In the event that the Licensee fails to cure the default upon notice, and the City declares default and termination, the City may procure, upon such terms and in such manner as the City may deem appropriate, supplies or services similar to those so terminated. Any such excess costs incurred by the City may be set-off against any monies due and owing by the City to the Licensee. 8. RELATIONSHIP BETWEEN THE LICENSEE AND THE CITY The relationship between the City and Specialty Expeditions, Inc. d/b/a Geneva Kayak Center is that of a Licensor and Licensee. 9. GOVERNING LAW This Agreement will be governed by and construed in accordance with the laws of the State of Illinois without regard for the conflict of laws provisions. Venue is proper only in the County of Kendall and the Northern District of Illinois. 10. WAIVER OF LICENSE BREACH The waiver by one party of any breach of this Agreement or the failure of one party to enforce at any time, or for any period of time, any of the provisions hereof will be limited to the particular instance and will not operate or be deemed to waive any future breaches of this Agreement and will not be construed to be a waiver of any provision except for the particular instance. 11. AMENDMENT This Agreement will not be subject to amendment unless made in writing and signed by all parties. 12. SEVERABILITY OF INVALID PROVISIONS If any provisions of this Agreement are held to contravene or be invalid under the laws of any state, country or jurisdiction, it will not invalidate the entire Agreement, but it will be construed as if not containing the invalid provision and the rights or obligations of the parties will be construed and enforced accordingly. 13. NOTICE Any notice will be in writing and will be deemed to be effectively served when deposited in the mail with sufficient first class postage affixed, and addressed to the party at the party's place of business. Notices shall be addressed to the City as follows: Director of Parks and Recreation City of Yorkville 800 Game Farm Road. Yorkville, IL 60560 Notices shall be addressed to the Licensee as follows: Ryan Rushton Specialty Expeditions, Inc. 301 East Hydraulic Street Yorkville, IL 60560 14. OPERATING SPECIFICATIONS OF THE LICENSE AGREEMENT 14.1. In general terms, the City is seeking to grant the Licensee the exclusive privilege of operating a concession business on the premises generally located at 301 East Hydraulic Street in Yorkville. 14.2. The City shall have the right to enter and to inspect the Premises at all times, without any prior notice to the Licensee. 14.3. The Licensee shall be responsible for all taxes and personal property, and maintenance work on the Premises. Any capital improvements done on the Premises over $5,000 in value, other than the initial improvements, shall be approved by the Park Board prior to commencement. For the purposes of this Agreement, maintenance work shall include regular upkeep of all components of the Premises, including maintenance and repairs. If any component of the Premises is in need of repair or replacement, and the repair or replacement is greater than $500, then the City shall be responsible for the replacement of said component, provided the cost of repair of the component is greater than 50% of the cost of replacing the component. The preceding sentence does not apply to any capital improvements initiated and installed by the Licensee as a result of the renovation of the Premises. Any capital improvements done on the Premises of $5,000 or less, other than the initial improvements, shall be approved by the Director of Parks and Recreation prior to commencement. Any capital improvements must be inspected by the City and all work and contractors must be licensed, bonded, and insured. For all determinations made on the 50% repair/replacement cost above, the Licensee shall require no less than three bids from qualified contractors for all repair and replacement quotes. 14.4. At the end of the agreement term, the City shall conduct an inspection of the Premises, and the Licensee shall be informed of the outcome of said inspection. The Licensee shall be responsible for returning the Premises to its original state, subject to the discretion of the Park Board. 14.5. The Licensee does not have exclusive rights to all concession operations within the park, but rather, only to the specific operation at the Premises. 14.6. The Licensee shall be permitted to operate a business offering the following goods and services on the premises defined herein, without further action by the City, and all other uses and operations must be approved by the City: 14.6.1.1. Rental and purchase of paddling, boating, and tubing equipment, accessories, and gear not otherwise prohibited in this agreement or in the Riverfront park rules. 14.6.1.2. Group and/or personal instruction and/or tours of the Riverfront Park or other water features. 14.7. The Licensee has the right to install a webcam within Riverfront Park for the purpose of broadcasting conditions within the whitewater park. Said installation must be in accordance with City codes and must be located within the premises contained within this Agreement, unless otherwise agreed to by the Director of Parks and Recreation. The Licensee has the option to participate in funding a City-operated webcam within the park. 14.8. The City agrees to furnish to the Licensee access to City water and sewer utilities. The Licensee is responsible for applicable usage payments for all utilities (sewer, water, electricity, phone, internet, etc.). The Licensee is responsible for costs associated with utility connections and upgrades, including metering of the portion of the building to be used. 14.9. If the Licensee chooses not to occupy the Premises through the winter months, the Licensee shall take all necessary precautions and measures to properly winterize the Premises. These precautionary measures shall include, but not be limited to, maintaining a minimum level of heat no less than 60 degrees Fahrenheit to protect the Premises from extreme freezing conditions. If alternative methods of winterizing are to be utilized, those methods shall be subject to approval from the property owner. 14.10. The Licensee shall install one sign on the Premises at a location and of a size approved by the City stating “Yorkville Outdoor Center”. 15. PAYMENTS AND OTHER REPORTS TO THE CITY 15.1. The Licensee is required to submit certain payments, forms, financial statements, and other items on a timely basis. Failure to submit any of the required items in a timely fashion may result in a breach of the Agreement. 15.2. The Licensee, at minimum, shall make payments equivalent to 5% of the annual sum of the total adjusted gross receipts on the sale of retail products, and 15% of the total adjusted gross receipts on instructional programs, rentals, and guided tours. The Licensee shall make said payment prior to February 1st of each year. The following sales are specifically exempt from the calculation of total adjusted gross receipts: 15.2.1.1. Institutional sales – large group sales at wholesale prices to organizations that are not subject to sales tax. 15.2.1.2. Adventure travel programs – Guided tours and trips to sites outside of a 50 mile area. 15.2.1.3. Sales of used equipment and consignment sales, provided the total sales of this group do not exceed 50% of the gross boat sales in any given calendar year. 15.3. The Licensee shall make payments for the privilege of using the Premises of $250.00 per month for each month through the term of the Agreement, due prior to the first of each calendar month. 15.4. The Licensee shall provide the City with a security deposit in the amount of $5,000, to be due to the City in 10 installments of $500.00 due concurrently with the first 10-months of payments due under this Agreement. Said deposit shall be held until after the end of the term of the Agreement, and will be used to offset any damage to the Premises. 15.5. The Licensee shall provide to the City, prior to the start of the Agreement, confirmation of insurance coverage for the Premises and the operations of the business for the entire term, with the City named as an additional insured on all policies. 15.6. The Licensee shall provide to the City, prior to the start of the Agreement, confirmation of business interruption insurance coverage for the operations for the entire term of the Agreement. In the event that the City is the cause of the business interruption and agrees to credit the Licensee an amount to offset the business interruption, said amount will be credited against the security deposit or future payments, at the City’s discretion. 15.7. Failure to meet any deadline for payment will result in an interest charge of 10% on said late payment. 15.8. The Licensee is required to submit to the Director of Parks and Recreation an annual concession financial statement by January 30 of each year. 16. PRINCIPAL CONTACT FOR THE CITY The principal contact for the City that will coordinate assistance to the Licensee will be Tim Evans, Director of Parks and Recreation. 17. EMPLOYEES The Licensee shall undertake to perform all services rendered in a neat, orderly and efficient manner; to use care and diligence in the performance of this Agreement; and to provide neat, orderly and courteous personnel. The Licensee agrees to prohibit any drinking of alcoholic beverages or use of illegal drugs or drugs which impair the ability of the employee or agent to safely and adequately perform his or her job while on duty or in the course of performing his or her duties under this Agreement. The Licensee also agrees to ensure that each employee driving a vehicle shall at all times carry a valid operator’s license for the type of vehicle he/she is driving. The Licensee’s employees will be attired, at all times, in a professional-type manner. 18. ACCIDENT PREVENTION Precaution shall be exercised at all times for the citizens, employees and property. The safety provisions of all applicable laws and building and construction codes shall be observed. Machinery, equipment and all hazards shall be guarded or eliminated in accordance with safety provisions. 19. TAXES, LICENSES & PERMITS The Licensee shall pay all sales, use, property, income and other taxes that are lawfully assessed against the City or the Licensee in connection with the Premises and the work included in this Agreement, and shall obtain and pay for all licenses, permits, certificates of authority, and inspections required for the work. The Licensee shall furnish to the City satisfactory evidence that it has all permits, licenses, and certificates of authority required to operate for the term of this Agreement. 20. DEFAULT If the Licensee fails to observe any portion of this Agreement and there has not been sufficient cause to justify such lack of observance, the City shall serve notice, either personally or by affixing such notice to the Premises, that this Agreement shall be in default if the Licensee does not take action to remedy the lack of observance within twenty-four (24) hours of said notice. If at the end of the twenty-four (24) hour period, the Licensee has not made the necessary corrections, the City shall take such steps as are necessary to provide such services. The Licensee will be liable for any costs of such steps from the date of the notice of default. If deemed necessary by the City’s designated representative, the City shall have the right to take over all equipment and facilities of the Licensee. 21. CERTIFICATIONS 21.1. The Licensee makes the following certifications as required by law: 21.1.1. The Licensee certifies that it is not barred from bidding or contracting with any unit of State or local government as a result of a violation of either Section 33E-3 or 33E-4 of Act 5, Chapter 720 of the Illinois Complied Statutes regarding criminal interference with public contracting; and, 21.1.2. The Licensee swears under oath that it is not delinquent in the payment of any tax administered by the Illinois Department of Revenue as required by Chapter 65, Act 5, paragraph 11-42.1-1 of the Illinois Complied Statutes; and, 21.2. The Licensee shall at all times abide by all applicable federal, state, and City laws, ordinances, rules and regulations which may in any manner affect the performance of this Agreement. IN WITNESS, WHEREOF, the parties hereto have caused this License Agreement to be executed by their duly authorized officers on the day and year first hereinabove written. UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS By: ________________________________ Its: ________________________________ Attest: ______________________________ City Clerk SPECIALTY EXPEDITIONS, INC. d/b/a GENEVA KAYAK CENTER By: ________________________________ Its: ________________________________ Attest: ______________________________ Secretary       Have a question or comment about this agenda item? Call us Monday-Friday, 8:00am to 4:30pm at 630-553-4350, email us at agendas@yorkville.il.us, post at www.facebook.com/CityofYorkville, tweet us at @CityofYorkville, and/or contact any of your elected officials at http://www.yorkville.il.us/gov_officials.php Agenda Item Summary Memo Title: Meeting and Date: Synopsis: Council Action Previously Taken: Date of Action: Action Taken: Item Number: Type of Vote Required: Council Action Requested: Submitted by: Agenda Item Notes: Reviewed By: Legal Finance Engineer City Administrator Human Resources Community Development Police Public Works Parks and Recreation Agenda Item Number PKBD #2 Tracking Number CC 2014-91 Bristol Bay 65 Professional Services Agreement with EEI City Council – October 14, 2014 See attached memo. Tim Evans Parks and Recreation Name Department Summary Review of Professional Services Agreement for Bristol Bay 65 Park Improvements from Engineering Enterprises, Inc. Background At its May 23, 2013 meeting, the Park Board recommended to City Council the submission of an Open Space Lands Acquisition and Development (OSLAD) grant application for Bristol Bay 65 Park. The City Council, at its June 11, 2013 meeting, approved that recommendation. On Saturday April 5, 2014, the City of Yorkville was awarded the grant. On May 27, 2014, the City Council approved the grant agreement. And at its September 18, 2014 Meeting, the Park Board approved the recommendation to City Council the Engineering Enterprises, Inc. Professional Services Agreement. Attached is the Professional Services Agreement for Bristol Bay 65 Park Improvements from Engineering Enterprises, Inc. Staff seeks City Council approval of the Engineering Enterprises, Inc. Professional Services Agreement. Memorandum To: Yorkville City Council From: Tim Evans, Director of Parks and Recreation CC: Bart Olson, City Administrator Scott Sleezer, Superintendent of Parks Shay Remus, Superintendent of Recreation Date: October 9, 2014 Subject: Professional Services Agreement for Bristol Bay 65 Park Improvements