Loading...
City Council Minutes 2016 03-08-16MINUTES 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,MARCH 8,2016 Mayor Golinski called the meeting to order at 7:00 p.m. and led the Council in the Pledge of Allegiance. City Clerk Warren called the roll. n Ward I Koch Present (Arrived at 7:20) Colosimo Present Ward II Milschewski Present Kot Present Ward III Frieders Present Funkhouser Present Ward IV Tarulis Absent Teeling Present Also present: City Clerk Warren,City Attorney Orr,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,Director of Parks and Recreation Evans, Administrative Intern Kathman QUORUM A quorum was established. AMENDMENTS TO THE AGENDA None. PRESENTATIONS None. PUBLIC HEARINGS None. CITIZEN COMMENTS ON AGENDA ITEMS None. CONSENT AGENDA 1. Resolution 2016-08 Approving an Intergovernmental Agreement for Reciprocal Building Inspection Services Between the United City of Yorkville and Kendall County—authorize Mayor and City Clerk to execute(EDC 2016-15) 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-6 Nays-0 Colosimo-aye,Milschewski-aye,Frieders-aye, Funkhouser-aye,Teeling-aye,Kot-aye MINUTES FOR APPROVAL 1. Minutes of the Regular City Council—February 9,2016 2. Minutes of the Regular City Council—February 23,2016 Mayor Golinski entertained a motion to approve the minutes of the regular City Council meeting of February 9,2016 and February 23,2016 as presented. So moved by Alderman Colosimo; seconded by Alderman Milschewski. Minutes approved unanimously by a viva voce vote. BILLS FOR PAYMENT Mayor Golinski stated that the bills were$794,332.75. REPORTS MAYOR'S REPORT Request to Purchase Two Vehicles for Police Department CC 2016-16) The Minutes of the Regular Meeting of the City Council—March 8.2016—Page 2 of 4 Mayor Golinski entertained a motion to authorize the purchase and build-out of two 2016 Chevy Impala vehicles in a total amount not to exceed$52,000.00. So moved by Alderman Kot; seconded by Alderman Frieders. Alderman Colosimo and Alderman Frieders congratulated Police Chief Hart on this purchase. Motion approved by a roll call vote.Ayes-6 Nays-0 Kot-aye,Frieders-aye,Colosimo-aye, Funkhouser-aye,Milschewski-aye,Teeling-aye PUBLIC WORKS COMMITTEE REPORT No report. ECONOMIC DEVELOPMENT COMMITTEE REPORT No report. 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 No report. STAFF REPORT No report. PRESENTATIONS(cont'd) Fiscal Year 2017 Budget Presentation CC 2016-13) City Administrator Olson stated there is only one presentation this year.He discussed the big picture of the budget. City Administrator Olson covered the year by year projects.There is a five year budget tool. Fiscal year 2018 and beyond are planning tools for the City Council to see the impact of its decisions.The Council would only be approving fiscal 17 budget column.City Administrator Olson stated things look about the same as last year and the last two years. He explained how to read the graph of the budgets.He discussed the fund balance.City Administrator Olson described the numerous details within the City's budget.He stated the big picture is that the fund balance is above 30%.The water fund is more stable than it was in last year's budget proposal.No fee increases planned for the water infrastructure fee.The City doesn't have any capital projects associated with the water study. Sewer fund is the same exact plan as last year.All revenue growth projections are minimal in major line items. City Administrator Olson discussed the process that he and Community Development Director Barksdale-Noble used to work with developers n interested in building in the City of Yorkville.City Administrator Olson discussed the general fund surplus deficit comparison and how it has improved compared to last year. City Administrator Olson gave the long term assumption for fiscal year 17 and projected employee and commodity costs for the City.He also discussed capital projects and the impact that the state's budget might have on these projects. City Administrator Olson stated that for fiscal year 18 the Route 34 Western expansion project is slated.He discussed other future year budgets. City Administrator Olson stated that it is important that the City work to make improvements on its fiscal budget deficit going forward. City Administrator Olson addressed the capital budget.Administrative Intern Kathman went over the City's capital project wish list. City Administrator Olson gave an update on the Countryside infrastructure project.He reported that Water Fund revenues have beat expectations and discussed some of the projects of the water program. City Administrator Olson gave an update on IMET.He discussed the reduction of property taxes. City The Minutes of the Regular Meeting of the City Council—March 8.2016—Page 3 of 4 Administrator Olson addressed the downtown planning and stated there is nothing currently slated for this in the budget.He addressed the Southside area development,the vehicle replacement program,Riverfront Park development and the funding for staffing. City Administrator Olson stated that the taxes in the Bristol Bay and Autumn Creek subdivisions have been reduced do to the refinancing of the debt related to the SSA.He discussed the options by increasing the revenue stream by future development and potential tax increases.He stated no change in engineering costs.City Administrator Olson addressed numerous small line items of the budget.He discussed the income tax,sales tax revenue,and other additional revenues.He addressed administrative staffing and included in the budget for a City treasurer,and continuation of an administrative intern.He discussed RFP for auditing services.City Administrator Olson addressed the police staffing and additional technology and automation items.He discussed Community Development.He also addressed various City services.City Administrator Olson discussed Administration Services and Ken Com projections have been lower than expected.He discussed IT services. He discussed the Fox Hill Subdivision trail sealing project and the Sunflower Subdivision naturalization project. City Administrator Olson discussed the motor fuel tax.He addressed various City wide capital projects.Redevelopment of the downtown area was discussed. City Administrator Olson mentioned that there are Excel and PDF versions of the budget available.Mayor Golinski asked City Administrator Olson what would be the general fund balance and he replied around four million dollars. Mayor Golinski asked the comparison of the fiscal 16 and 17 year budget deficits.City Administrator Olson answered.Alderman Frieders and City Administrator Olson discussed the Fox Hill Subdivision project financing.Alderman Frieders and City Administrator Olson discussed the water fund and a strategy for water sources in the future. ADDITIONAL BUSINESS Metra Train Station Mayor Golinski stated he and City Administrator Olson had a meeting yesterday with Congressman Hultgren,Mayor Gail Johnson from Oswego,Mayor Robert Hausler from Plano,and Montgomery's City Administrator,and members of the Metra board. This was a fact fmding meeting to discuss the potential Metra station located in Oswego,Illinois.Mayor Golinski gave a brief history on the background of the Metra station.The consensus at the meeting was that the Mayors in attendance were in favor of moving forward the studies needed to support the project.The mayors will meet again in two weeks.Mayor Golinski wanted to get a consensus of the Council as to whether or not to proceed with the studies.Mayor Golinski is in favor of doing the phase one engineering study.Alderman Teeling agrees with moving forward with the study but asked how long will the study's remain valid once complete.Mayor Golinski and City Administrator Olson discussed the variables involving this project.Alderman Frieders asked if the study is to determine a spur,a stop, or a full on station. City Administrator Olson stated there are three components,a station study, a rail yard study,and an environmental study.Alderman Frieders asked for more details on the project.City Administrator Olson believes the project may require adding an additional track.Mayor Golinski stated the project is all contingent on Burlington Northern's approval. Alderman Funkhouser discussed some of the potential complications to the project and wanted to make sure that Yorkville is guaranteed a portion of the ear marked governmental funds.City Administrator Olson commented on the possible designation of earmarked funds.Mayor Golinski said the chairman stated that the funds would not be diverted from the Kendall County study to the Kane County study. Alderman Colosimo agrees with Alderman Funkhouser's points.He also stated that he believes the focus should be placed on the Oswego stop alone and not worry about an extension toward Plano.Mayor Golinski agrees with Alderman Colosimo and has been in favor of this project since it was determined that Oswego would be a potential stop.This is a very important project for Kendall County. Alderman Funkhouser wanted to know if Congressman Hultgren signed the group letter in support of this regional project.The conclusion was that Congressman Hultgren has not signed any letter of support of this project.This fact concerns Alderman Funkhouser.Alderman Koch questioned where the actual physical location of the station would be and the potential for adding a third rail in Oswego. City Administrator Olson stated that a lot of negotiations about the details of the project is done after the approval for the extension.Alderman Kot asked about the preliminary study back in the 90's.City Administrator Olson said the City has the studies. Yorkville and Oswego have reviewed the study,and talked to the Metra board about it.All the criteria has been met and detailed on the study.Alderman Colosimo explained that because this is a regional project all the surrounding communities will benefit from the addition of a stop in Oswego.Mayor Golinski clarified that all of the Council is on board with this regional project.City Administrator Olson will pass this information on. n New Little Free Library Mayor Golinski stated there was a ribbon cutting ceremony for the new Little Free Library at the Parks and Recreational building.He encouraged residents to get their children over to this library.He mentioned going on the website littlefreelibrary.org.to view the free library. YEDC Mayor Golinski stated he forgot to mention during the budget presentation in regards to YEDC that he hopes Lynn Dubajic is around for as long as he is Mayor. EXECUTIVE SESSION The Minutes of the Regular Meeting of the City Council—March 8.2016—Page 4 of 4 None. CITIZEN COMMENTS None. ADJOURNMENT Mayor Golinski stated meeting adjourned. Meeting adjourned at 8:11 p.m. Minutes submitte y. tj Beth Warren, City Clerk,City of Yorkville,Illinois n 1 . United City of Yorkville FY 17 Budget Presentation City Council March 8, 2016 Budget schedule One presentation at City Council March 8, 2016 One mandated public hearing March 22, 2016 City Council must approve budget before April 30, 2016 1 Tonight's outline The Big Picture Year-by-year overview Items to note The small picture Fund overview Line-items of interest Reminder City Council approves the FY 17 budget proposal only FY 18 and beyond are planning tools 3/8/2016 How • • things look? This is what we . • last two years: Pretty good now, less so later" General Fund-Surplus(Deficit)Comparison 500,000 500,000) 1,000,000) 1,500,000) 2,000,000) FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 16 Budget D FY 17 Budget 3/8/2016 General Fund-Fund Balance Comparison 6,000,000 5,000,000 .. L 1—L L_I 4,000,000 i 3,000,000 2,000,000 1,000,000 1,000,000( .... FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 y FY 16 Budget FY 17 Budget Aggregate City Budget-Surplus(Deficit)Comparison 1,000,000 _.--- -__ L- 2,000,000( _------- __ 3,000,000( 4,000,000) 5,000,000) _--- 7,000,000) FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 16 Budget FY 17 Budget 4 1 Aggregate City Budget-Fund Balance Comparison How do things look? 16,000,000 12,000,000 6,000,000 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 16 Budget 0 FY 17 Budget Fund Balance of General Fund above 30% in FY 17 Above 19%through FY 20 Fund Balance in Water Fund is above 25% through FY 19 No fee increases planned for FY 18 and FY 19 No capital projects associated with water study Fund Balance in Sewer Fund drawn down to 5% in FY 19, then back up to 20% in FY 21 Revenue growth projections are minimal on major line- items Two PT employee additions in entire five-year budget Funding of major capital projects 3/8/2016 General Fund - Surplus(Deficit) Comparison 500,000 El U 500,000) 1,000,000) — ----- ----- nd Balance 35% 33% 29% 25%19%13%Balan 1,500,000) -------- I FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 17 Budget Water Fund - Fund Balance Equivalency 5,000,000 4,500,000 41000,000 t--- ------_--- ---- - y 3,500,000 ) u 3,000,000 2,500,000 ---- -------- -_.-____ -__------- ----------------------- 2,000,000 1,500,000 LLY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 6 3/8/2016 Sewer Fund - Fund Balance Equivalency 3,500,000 3,000,000 - 2,500,000 2,000,000 .. . 1,500,000 ... .... 1,000,000 O. 500,000 O FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Aggregate City Budget - Fund Balance Comparison 16,000,000 14,000,000 --J 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 I FY 17 Budget 7 3/8/2016 Long-term assumptions FY 17 through FY 21 3.5% merit increases for staff in FY 17 Modest, but undetermined increases each year thereafter Two new part-time staff in FY 17 No other new staff through FY 20 Long-term assumptions FY 17 through FY 21 8% increase in health insurance each year IMRF employer contribution rate modestly increases each year 3/8/2016 Long-term assumptions FY 17 through FY 21 Moderate amounts for professional development for all staff National and state conferences and seminars for management, leadership and technical staff Graduated increases in commodity and contract prices each year Gasoline Utilities Major Initiatives FY 17 Road to Better Roads Wrigley EDP intersection improvements Route 34 eastern section Countryside water main and roadway project Kennedy Road multi-use path (funded by IDOT grant) Riverfront Park construction (funded by OSLAD grant, contingent upon reinstatement) Grande Reserve Park A construction 3/8/2016 Major initiatives FY 18 Road to Better Roads Route 34 western expansion begins and eastern continues Countryside water main and roadway project continues Kennedy Road multi-use path continues Well 7 rehabilitation Blackberry Creek Nature Preserve southern section Bristol Bay 65 construction (funded by OSLAD Grant, contingent upon reinstatement) Major initiatives FY 19 Road to Better Roads Route 34 western expansion continues and eastern portion completed Route 71 expansion and water main relocation commences Well 4 rehabilitation Bristol Bay project wraps up 10 3/8/2016 Major FY i and 21 Road to Better Road Well 9 rehabilitation Route a er main relocation Aggregate City Budget - Fund Balance Comparison 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 17 Budget 3/8/2016 Items to Note Capital Budget Amounts Capital Budget Comparison-Fiscal Years 2014-2017 9,000,000 8,000,000 7,000 000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,0 Actual Actual Projected Proposed FY 2014 FY 2015 FY 2016 FY 2017 Items Ah Road to Better Roads 1.7 million annual project budget MFT, City-wide capital, water, sewer 550,000 allocated to pavement improvements Short of $2 million annual target Five-year road plan in the budget memo FY 2017 - Boombah Blvd, Faxon Rd, John St, Independence Blvd and Ct, Hillcrest Ave, Sunset Ave, Appletree Ct, West St, Church St, Freemont 12 3/8/2016 Items to Note Unfunded Capital Projects Sycamore Rd and Rt 34 Traffic Signal 250,000 Beecher Center 400,000-$650,000 Elizabeth St Water Main Replacement 410,000 South Main St Water Main Replacement 900,000 Orange St Water Main Replacement 200,000 Orange St #2 Water Main Replacement 715,000 East Washington St Water Main Replacement 335,000 Items to note Unfunded Capital Projects Morgan Street Water Main Replacement 340,000 East Fox Street Water Main Replacement 260,000 Water Treatment Plan Media Replacement 153,000 each for WTP 3, 4, 8, and 9 118,000 for WTP 7 North Central Water Tower Re-painting 495,000 Well No. 7 Standby Generator 400,000 Beaver Street Generator 87,500 Raintree Booster Station Backup Generator loo,000 1 Items to note Unfunded Capital Projects SCADA Sewer System Monitoring 205,000 Bristol Bay Intersection Improvement 3,330,000 Beecher Center Park 80,000 - $100,000 Fox Hill water and sewer recapture 1,870,000 Public Works Building Maintenance z,loo,00$ Office area- $375,000 Single shop- $1,500,000 Material storage bins- $200,000 Items to note Unfunded Capital Projects Emerald Ash Borer replacements 300/tree Mill Road Improvements 2,850,000 Kennedy Road 5,000,000 Baseline Rd 560,000 Well No. 6 and Water Treatment Plant 6,800,000 (FY 20 and FY 21) 1 Items to Note Economic Development YEDC formally disbanded end of 2015 Contract with Lynn Duba ic through end of 2018 Contract has 30 day out clause Items to Note Economic Development In-house employee (PT or FT) Pros: Lower salary/wages, on-site, time dedicated, and wider array of duties Cons: Knowledge, PT recruitment, benefits and operationar costs Consultant Pros: Knowledge and experience, no benefits or operational costs Cons: Consultant level salary/wages, referring, off-site, limited scope of duties 1 Items to Note Countryside Infrastructure Estimated cost $5,600,000 Entire subdivision with exception of: Naden Ct, E Blackberry Ln, Palmer Ct Alternate Bid: W. Blackberry Ln, Blackberry Ct, Mulhern Ct Completed in 2016 and 2017 2016: Water mains and roads up to binder course 2017: Completion of roads and intersection of Center St. and Countryside Pkwy and surrounding area Items to Note Water Fund Bi-monthly rates approved in April 2014 FY 17-19: $17 + $4.30 per 100 cu. ft. Water Sale revenues expected to beat expectations for first time in three years 3/8/2016 Items to Note Water Fund FY 16 water sales Projected $2,420,000 Target 2,316,937 Gain $ 103,063 Good news - more short-term revenue Items to Note IMET Loss on Investment City has received $21,482 Projected recovery $120,000- 150,000 from hotel sales Recovery rate 43%-50% 4 out of 5 sold, 5t" auctioned Feb. 23 3/8/2016 Items to Note Property Taxes Higher reductions than planned 3% in FY 15 instead of 2% 1.66% in FY 16 instead of 1% Non-abated property taxes eliminated sooner than expected 1% reduction in FY 17 levy and abatement ordinances already approved by City Council Revisit in December 2016 Items. to Note City Council Goals Downtown planning Staff taking comp plan recommendations, adding cost estimates Will bring proposal for comprehensive redevelopment effort to City Council in FY 17 Parking study quotes being solicited City in contact with Minor Threat Group (restaurateurs] Southside Development Continue site marketing efforts im incentive required to bring a grocer to south side Municipal Building Needs Building maintenance report in FY 17 Long term facility planning subsequent after maintenance needs 3/8/2016 Items to Note City Council Goals Manufacturing and Industrial Development Recommend City discussion on full utility issues to Lincoln Prairie site Vehicle replacement Formal vehicle and equipment replacement fund in budget memo 600,000 upfront cost then $250,000 annually needed in Police 300,000 annually needed in Public Works Capital Improvement Plan Continue to direct incremental funds to unfunded projects Items to Note City Council Goals Riverfront Park Development Park Board reviewing proposal to fund playground construction Revenue Growth Continue working with developer of Kendall Marketplace and Kendall Crossing to attract tenants 1 Items to Note City Council Goals Other goals Staffing Two PT employees proposed in FY 17 Automation and technology Police body cameras in FY 17 IT assessment in FY 16 Service consolidation Talks ongoing with Oswego and Montgomery on many topics Items to Note Bond Ratings and Refinancings Refinanced SSA bonds for Autumn Creek (2005-108) and Bristol Bay 2005-109) 2016 Savings for residents Autumn Creek: $316 (single family) and 268 (townhome) Bristol Bay: $286 (single family), $231 townhome), and $195 (condominium) 20 1 Items to Note Debt per capita comparison Yorkville: $2,491 per capita Average of 27 similar communities: 1,300.93 Montgomery: $1,275.30 Oswego: $939 Full chart pg. 21 Items to Note Engineering Dept Cost Analysis FY 10, 5 FTE in-house for $535,000 FY 15, outsource for $351,686 230,229 of routine engineering 121,457 for subdivision inspections Additional $121,000 in reimbursed development work ($5,000 net cost to City) Additional $743,000 gross in project expenses ($510,000 net cost to City) These items would not likely have been handled by in-house employees 1 Aggregate City Budget-Fund Balance Comparison FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY2021 ao=FY 16 Budget El FY 17 Budget General Fund General Fund Revenues Property Taxes - Corporate Levy Modest decrease in FY 17 Modest increases in FY 18+ Property Taxes - Police Pension FY 16 taxes were short of contribution, funds made up elsewhere Large increase in FY 17, taking money away from corporate levy 1 General Fund Revenues Municipal Sales Tax and Non-Home Rule Sales Tax 2% annual growth projected State Income Tax (LGDF) Expecting decrease in FY 17 (IML estimate) 2% increase per year beyond that General Fund Revenues Building permits Offsets building department expenditures, remainder goes to capital Reimb - Engineering Expenses Revenues received from developers for City engineering work - offsets expenditures in Admin Services Dept 3/8/2016 General Fund Expenses All departments Salaries at 3.5% increase in FY 17, then undetermined Health insurance 8% increase per year IMRF employer contribution has modest increases Training Working on 3-5 year training plan for every employee Similar budget amounts as in year's past General Fund Expenses Administration Still budgeting for a treasurer Part-time intern through FY 21 Finance RFP for auditing services after FY 17 3/8/2016 General Fund Expenses Police No new police officers in budget proposal 30 FT sworn officers at FYE 16 Vehicle chargeback to offset purchases in Vehicle and Equipment Fund 55,000 in body cameras in FY 17 in operating supplies line-item General Fund Expenses Community Development PT Planner to assist with project coordination and property maintenance Recommending termination of Retail Coach contract Completion of comp plan in FY 17 Budgeting for costs of economic development consultant through FY 21 3/8/2016 General Fund Expenses Streets No change in mosquito control (storm sewer inlets only) Tree & Stump removal provides ongoing ash tree removal Hanging baskets re-implemented in Summer 2017 Garbage services - senior subsidy matches program authorized by City Council in April 2014 General Fund Expenses Admin Services Amusement tax rebate represents NCG partial rebate, per incentive agreement KenCom projections reset to match FY 16 actual amounts IT Services still recommended to be w - outsourced Will do consortium assessment in FY 16 Engineering still recommended to be. outsourced 3/8/2016 SSA funds Fox Hill Trail sealing completed in 2015 2015 levy of $32 per home Sunflower Detention basin naturalization to be completed in 2016 2015 levy of $174 per home Motor Fuel Tax Fund Draw down entire fund through FY 20 Baseline Rd Bridge repairs Will likely occur in FY 17 Road to Better Roads stable through FY 19 1 City-wide Capital Fund Offsetting revenue and expense line- items for: ITEP downtown streetlights ITEP Kennedy Rd trail Wrigley EDP intersection improvements Road infrastructure fee (RINF) in place through FY Z1 City-wide Capital Fund Property maintenance line-items include building maintenance report Wrigley intersection improvements in FY 17 Route 34 western expansion in FY 18 to FY 20 Route 34 eastern expansion in FY 17 to FY 19 65,000 more expensive than budgeted Costs shared in water and sewer 1 City-wide Capital Fund Countryside road improvements Completion in FY 18 Game Farm bond repayment Vehicle and Equipment One new squad car per year Needs $600,000 immediate infusion, then $250,000 annually One pickup truck per year Needs $300,000 annually 3/8/2016 Debt Service Fund General fund-related payback of old in-town road program bond Transfers off of non-abated property taxes in FY 18 One year earlier than planned Water Fund Water sales were better than we expected Water rates increased by ordinance to 17 flat + $4.30 per 100 cubic feet Will send out ISWS Chicago rate study No change to water infrastructure fee recommended 1 1 Water Fund 80 new housing starts in FY 16 GC Housing project not assumed in budget proposal Water system study wrapping up in FY 17 Presentations in late Spring 2016 No capital recommendations in FY 17 budget Well rehabilitations through FY 20 Water Fund Route 71 watermain relocation delayed until FY 19 Countryside Parkway improvements Bids came in last week, were very favorable Staff will have a recommendation on use of extra funds 3/8/2016 Sewer Fund Rates approved in April 2014 FY 16 19.10 bi-monthly FY 17 19.67 FY 18 20.26 FY 19 20.87 Sewer infrastructure fee remains at 4 per month through FY 21 Sewer Fund Offsetting line-items for YBSD reimbursements and I&I improvements YBSD interested in Loaning the City funds to do I&I improvements Doing further study to determine where YBSD-wholly-funded projects could occur 1 Land-cash Fund Offsetting line-items for: Riverfront Park improvements Bristol Bay Regional Park improvements Assumes grant reinstatement City cost for improvements to Grande Reserve Park A Parks and Recreation Fund Modest revenue increases on child development, due to higher enrollment Modest revenue increases in rental income from leased spaces in Riverfront Park buildings and inflationary factor on cell tower lease 1 Parks and Recreation Fund Hometown Days Expecting good weather Adding new components to draw in larger crowds Air Dogs Cross Church Friday night band sponsor Craft beer tastings Larger focus on marketing Countryside TIF Fund Right side up through FY 19! 200,000 in revenues N$160,000 in debt service through FY 19 First full year of property taxes from NCG Theater in FY 16 First full year of property taxes from Lighthouse Academy in FY 17 3/8/2016 Downtown TIF Fund Comprehensive redevelopment plan forthcoming Parking study Targeted public improvements Land acquisition Development incentives Working with Minor Threat Group on relaunch of restaurant row, Rogue Barrister on launch of the Law Office, and Rowdy's on continued expansion Downtown TIF Fund Comprehensive redevelopment plan will likely include issuance of debt and requested extension of TIF term 3/8/2016 Budget schedule March 8 City Council presentation March 22 City Council Public hearing March 8 City Council March 22 City Council Questions and debate April 14 City Council April 28 City Council Debate and potential approval Online Full budget proposal, including excel spreadsheet, available at: http://www.yorkville.il.us/Archive.aspx?AMID=44