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City Council Packet 2017 10-10-17 AGENDA CITY COUNCIL MEETING Tuesday, October 10, 2017 7:00 p.m. City Hall Council Chambers 800 Game Farm Road, Yorkville, IL Call to Order: Pledge of Allegiance: Roll Call by Clerk: WARD I WARD II WARD III WARD IV Carlo Colosimo Jackie Milschewski Chris Funkhouser Seaver Tarulis Ken Koch Arden Joe Plocher Joel Frieders Alex Hernandez Establishment of Quorum: Amendments to Agenda: Presentations: 1. Certificates of Appreciation for Girl Scouts for Tree Planting Public Hearings: Citizen Comments on Agenda Items: Consent Agenda: Minutes for Approval: 1. Minutes of the Regular City Council – September 12, 2017 2. Minutes of the Regular City Council – September 26, 2017 Bills for Payment (Informational): $576,932.20 Mayor’s Report: Public Works Committee Report: Economic Development Committee Report: Public Safety Committee Report: Administration Committee Report: 1. ADM 2017-68 Library Intergovernmental Agreement Park Board: Planning and Zoning Commission: City Council Report: United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 Telephone: 630-553-4350 www.yorkville.il.us City Council Agenda October 10, 2017 Page 2 City Clerk’s Report: Community and Liaison Report: Staff Report: Presentations (cont’d): 2. Fiscal Year 2017 Audit Presentation Additional Business: Executive Session: Citizen Comments: Adjournment: COMMITTEES, MEMBERS AND RESPONSIBILITIES ADMINISTRATION: October 18, 2017 – 6:00 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Milschewski Finance Library Vice-Chairman: Alderman Plocher Administration Committee: Alderman Funkhouser Committee: Alderman Hernandez ECONOMIC DEVELOPMENT: November 7, 2017 – 6:00 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Koch Community Development Planning & Zoning Commission Vice-Chairman: Alderman Colosimo Building Safety & Zoning Kendall Co. Plan Commission Committee: Alderman Frieders Committee: Alderman Hernandez PUBLIC SAFETY: TBD – 6:30 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Colosimo Police School District Vice-Chairman: Alderman Tarulis Committee: Alderman Plocher Committee: Alderman Funkhouser PUBLIC WORKS: October 17, 2017 – 6:00 p.m. – City Hall Conference Room Committee Departments Liaisons Chairman: Alderman Frieders Public Works Park Board Vice-Chairman: Alderman Koch Engineering YBSD Committee: Alderman Milschewski Parks and Recreation Committee: Alderman Tarulis UNITED CITY OF YORKVILLE WORKSHEET CITY COUNCIL Tuesday, October 10, 2017 7:00 PM CITY COUNCIL CHAMBERS ---------------------------------------------------------------------------------------------------------------------------------------- AMENDMENTS TO AGENDA: ---------------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------------- PRESENTATIONS: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Certificates of Appreciation for Girl Scouts for Tree Planting ----------------------------------------------------------------------------------------------------------------------------------------- CITIZEN COMMENTS ON AGENDA ITEMS: ----------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------- MINUTES FOR APPROVAL: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Minutes of the City Council – September 12, 2017 □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ 2. Minutes of the City Council – September 26, 2017 □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- BILLS FOR PAYMENT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. Bills for Payment (Informational) □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ ----------------------------------------------------------------------------------------------------------------------------------------- ADMINISTRAION COMMITTEE REPORT: ----------------------------------------------------------------------------------------------------------------------------------------- 1. ADM 2017-68 Library Intergovernmental Agreement □ Approved: Y ______ N ______ □ Subject to __________________________________________ □ Removed ________________________________________________________________________ □ Notes _____________________________________________________________________________ _____________________________________________________________________________________ _____________________________________________________________________________________ --------------------------------------------------------------------------------------------------------------------------------------- PRESENTATIONS: ----------------------------------------------------------------------------------------------------------------------------------------- 2. Fiscal Year 2017 Audit Presentation ---------------------------------------------------------------------------------------------------------------------------------------- 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/320/City-Council 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 Minutes of the Regular City Council – September 12, 2017 City Council – October 10, 2017 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, SEPTMEBER 12, 2017 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. Ward I Koch Present Colosimo Present Ward II Milschewski Present Plocher Absent Ward III Frieders Present Funkhouser Present Ward IV Tarulis Present Hernandez Present Also present: City Clerk Warren, Attorney Binninger, City Administrator Olson, Police Chief Hart, Deputy Chief of Police Hilt, Public Works Director Dhuse, Finance Director Fredrickson, EEI Engineer Morrison, Community Development Director Barksdale-Noble, Director of Parks and Recreation Evans, Assistant City Administrator Willrett QUORUM A quorum was established. AMENDMENTS TO THE AGENDA None. PRESENTATIONS None. PUBLIC HEARINGS None. CITIZEN COMMENTS ON AGENDA ITEMS Ryan Phillips, Heartland Dr., addressed the topic of Casey's General Store and the fact that he is against it due to the increased traffic and safety for the Heartland residents. Tom Lilla, Heartland Dr., is against Casey's General Store being put in that location. His concerns are about the traffic and the safety of the Heartland residents. He asked that if the City decides to move forward with this project the City consider adding speed bumps to McHugh, not allowing access to the property from McHugh, and prohibiting sale of diesel fuel. Jessie Alaniz, Colonial Parkway, discussed the purposes of government as it relates to Casey's General Store. CONSENT AGENDA None. MINUTES FOR APPROVAL 1. Minutes of the Regular City Council – August 8, 2017 2. Minutes of the Regular City Council – August 22, 2017 3. Minutes of the Special City Council – September 5, 2017 Mayor Golinski entertained a motion to approve the minutes of the regular City Council meeting of August 8, 2017 and August 22, 2017 and the minutes of the special City Council meeting of September 5, 2017 as presented. So moved by Alderman Tarulis; seconded by Alderman Hernandez. Minutes approved unanimously by a viva voce vote. BILLS FOR PAYMENT Mayor Golinski stated that the bills were $2,049,173.54. REPORTS MAYOR’S REPORT Proclamation for Constitution Week (CC 2017-47) DRAFT The Minutes of the Regular Meeting of the City Council – September 12, 2017 – Page 2 of 3   Mayor Golinski read a proclamation for Constitution week. Ordinance 2017-43 Approving a Third Amendment to the Planned Unit Development Agreement between the City and CalAtlantic Group, Inc. (CC 2017-48) Mayor Golinski entertained a motion to approve an ordinance approving a third amendment to the planned unit development agreement between the United City of Yorkville and CalAtlantic Group, Inc. (Windett Ridge Subdivision) and authorize the Mayor and City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Koch. Alderman Frieders state so this is just a cleanup. City Administrator Olson stated yes. Motion approved by a roll call vote. Ayes-7 Nays-0 Frieders-aye, Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye   Bristol Bay Regional Park Easement Agreement (CC 2017-49) Mayor Golinski entertained a motion to approve an easement agreement granting easements to the United City of Yorkville for a public roadway for the Grant Park Improvement Project at Yorkville Bristol Bay and authorize the Mayor and City Clerk to execute. So moved by Alderman Hernandez; seconded by Alderman Frieders. Motion approved by a roll call vote. Ayes-7 Nays-0 Frieders-aye Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye Resolution 2017-30 Regarding IDOT Intersection Improvement Permit for Ashley Pointe Subdivision (Route 126 and Penman Road) (CC 2017-50) Mayor Golinski entertained a motion to approve a resolution regarding IDOT intersection improvement permit for Ashley Pointe Subdivision (Route 126 and Penman Road) and authorize the City Clerk to execute. So moved by Alderman Frieders; seconded by Alderman Hernandez. Motion approved by a roll call vote. Ayes-7 Nays-0 Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Frieders-aye PUBLIC WORKS COMMITTEE REPORT No report. ECONOMIC DEVELOPMENT COMMITTEE REPORT Overlay District RFP (EDC 2017-57) Alderman Koch made a motion to authorize staff to issue a request for proposals for a downtown overlay district streetscape master plan form based code; seconded by Alderman Frieders. Alderman Frieders stated there was a lengthy discussion at the EDC meeting that was beneficial to him. Alderman Frieders stated that Yorkville needs something in the City that defines who and where Yorkville is. He would like Yorkville to have an identity before he leaves as a City Council alderman. Alderman Frieders stated Yorkville needs continuity and a definition. Alderman Funkhouser thinks this is a great plan. Motion approved by a roll call vote. Ayes-7 Nays-0 Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Frieders-aye, Tarulis-aye PUBLIC SAFETY COMMITTEE REPORT No report. ADMINISTRATION COMMITTEE REPORT No report. PARK BOARD No report. PLANNING AND ZONNING COMMISSION Casey’s General Store The Minutes of the Regular Meeting of the City Council – September 12, 2017 – Page 3 of 3   (PZC 2017-07) a. Ordinance 2017-44 Annexing Certain Territory Located at 1107 McHugh Road and 9230 Route 34 b. Ordinance 2017-45 Approving a Special Use for a Gasoline Service Station with an Accessory Convenience Store at 1107 McHugh Road and 9230 Route 34 c. Ordinance 2017-46 Approving the Casey’s Yorkville Subdivision Plat d. Ordinance 2017-47 Approving the Zoning into the B-3 General Business District for the Property Located at 1107 McHugh Road and 9230 Route 34 Mayor Golinski entertained a motion to approve an ordinance annexing certain territory located at 1107 McHugh Road and 9230 Route 34, an ordinance approving a special use for a gasoline service station with an accessory convenience store at 1107 McHugh Road and 9230 Route 34, an ordinance approving the Casey's Yorkville Subdivision plat, and an ordinance approving the zoning into the B-3 general business district for the property located at 1107 McHugh Road and 9230 Route 34 and authorize the Mayor and City Clerk to execute. So moved by Alderman Hernandez; seconded by Alderman Frieders. Alderman Frieders stated the changes agreed upon meet his concerns but he expressed an issue with the potential for truck traffic on McHugh. Alderman Koch noted that with the improvements to the intersection of Route 34 and McHugh that location will look quite different regardless. Alderman Tarulis welcomes another gas station for the fact that it may increase competition and help lower gas prices in the City. Alderman Funkhouser asked questions relating to the sight line plan for the intersection and Casey's General Store. Community Development Director Barksdale-Noble addressed the issue. Alderman Funkhouser and Community Development Director Barksdale-Noble continued to discuss this and other issues involving the Casey's General Store proposal. Motion approved by a roll call vote. Ayes-7 Nays-0 Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Frieders-aye, Tarulis-aye, Colosimo-aye CITY COUNCIL REPORT No report. CITY CLERK’S REPORT No report. COMMUNITY & LIAISON REPORT School Board Alderman Funkhouser attended a special School Board meeting last night. It was in regards to setting a $1.5 million bond to acquire the building used for administration. The purchase would save the School District $164,000 in expense, however the purchase would remove the properties from the City's tax roll. Hometown Days Alderman Frieders thanked Director of Parks and Recreation Evans for his work on a very successful Hometown Days festival. STAFF REPORT No report. ADDITIONAL BUSINESS None. EXECUTIVE SESSION None. CITIZEN COMMENTS None. ADJOURNMENT Mayor Golinski stated meeting adjourned. Meeting adjourned at 7:30 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/320/City-Council 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 Minutes of the Regular City Council – September 26, 2017 City Council – October 10, 2017 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 26, 2017 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. Ward I Koch Present Colosimo Present Ward II Milschewski Present Plocher Present Ward III Frieders Present Funkhouser Present Ward IV Tarulis Present Hernandez 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, Building Code Official Ratos, Director of Parks and Recreation Evans, Assistant City Administrator Willrett QUORUM A quorum was established. CITIZEN COMMENTS ON AGENDA ITEMS Andy Graham, Countryside, thanked the Council for clarifying the language of the non-highway vehicle ordinance. He believes this shows that the City hears the voice of the disabled residents. He wanted to personally thank City Attorney Orr, City Administrator Olson, and his attorney. AMENDMENTS TO THE AGENDA Alderman Colosimo requested that Item # 4 on the consent agenda, Kennedy Road Shared Use Path (PW 2017-60), be moved to the regular agenda under Public Works. Amendment approved unanimously by a viva voce vote. PRESENTATIONS None. PUBLIC HEARINGS None. CONSENT AGENDA 1. Ordinance 2017-48 Amending the Yorkville City Code as it Relates to the Use of Other Power- Driven Mobility Devices – authorize the Mayor and City Clerk to execute (PS 2017-15) 2. Water Department Reports for April, May and June 2017 (PW 2017-58) 3. Autumn Creek Unit 2C Acceptance – accept the public improvements of water main, sanitary sewer, storm sewer, paving, sidewalk, street lighting and parkway trees as described in the Bill of Sale for ownership and maintenance by the City and authorize the release of the existing security upon receipt of a maintenance guarantee in the amount of $240,015.05, subject to verification that the developer has no outstanding debt owed to the City for this project and subject to receipt of a signed Bill of Sale (PW 2017-59) 4. Road to Better Roads Program 2018 – approval of the 2018 Road to Better Roads plan (FY 19) as described in the memo from Engineer Sanderson dated September 14, 2017 (PW 2017-61) 5. Ordinance 2017-49 Amending the Traffic Schedule and Index – authorize the Mayor and City Clerk to execute (PW 2017-62) 6. Monthly Treasurer’s Report for July and August 2017 (ADM 2017-62) 7. Ordinance 2017-50 Authorizing the Fifth Amendment to the Annual Budget for the Fiscal Year Commencing on May 1, 2017 and Ending on April 30, 2018 – authorize the Mayor and City Clerk to execute (ADM 2017-67) Mayor Golinski made a motion to approve the consent agenda as amended; seconded by Alderman Funkhouser. Consent Agenda approved unanimously by a viva voce vote. DRAFT The Minutes of the Regular Meeting of the City Council – September 26, 2017 – Page 2 of 3   MINUTES FOR APPROVAL None. BILLS FOR PAYMENT Mayor Golinski stated that the bills were $1,346,124.75. REPORTS MAYOR’S REPORT Well No. 9 Re-Installation Authorization (CC 2017-51) Mayor Golinski entertained a motion to authorize Layne Christensen to repair and reinstall all components of Well No. 9 using all new pipe for a cost not to exceed $174,076. So moved by Alderman Colosimo, seconded by Alderman Frieders. Motion approved by a roll call vote. Ayes-8 Nays-0 Plocher-aye, Frieders-aye, Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye PUBLIC WORKS COMMITTEE REPORT Ordinance Amending the Water Use and Service Regulations – First Reading (PW 2017-63) Alderman Frieders stated that this is a first reading for the ordinance amending the water use and service regulations. Alderman Colosimo has an issue with the impact it may have on multifamily dwellings. City Administrator Olson asked what part of the ordinance he is referring to and Alderman Colosimo read that part. City Attorney Orr stated this has always been an issue and the residents will face this problem if the owner of the rental property is delinquent. City Attorney Orr and Alderman Colosimo debated the issues involving rental properties. City Administrator Olson asked City Attorney Orr if there was some way to modify the ordinance to keep the water supplied to a rental property even if one of the tenants is delinquent. City Attorney Orr stated policy could be revised, but there needs to be a way to make the owner of the property accountable for money due to the City. Building Code Official Ratos discussed the metering of the multifamily dwellings in Yorkville and stated that there are very few properties with only one meter for multiple residents. A resident from the audience spoke about this issue. Alderman Koch asked for clarification on the billing and final responsibility for water bills for multifamily dwellings. City Administrator Olson explained the billing and delinquent notification processes. Alderman Koch asked if there was a way for the owner of a residential property to be notified in the event that a tenant goes delinquent. City Administrator Olson stated that can be done if set up that way originally by the owner. The members of the City Council discussed the ordinance and the accountability of the water billing process. Alderman Plocher asked for details on water meters and shut off. Building Code Official Ratos explained. Alderman Frieders made a motion to bring this back to committee; seconded by Alderman Koch. Motion approved by a roll call vote. Ayes-8 Nays-0 Frieders-aye Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Plocher-aye Kennedy Road Shared Use Path (ITEP) (PW2017-60) Alderman Frieders made a motion to approve authorizations number 1 & 2 on the Kennedy Road shared use path (ITEP) and authorize the City administrator to execute. So moved by Alderman Funkhouser; seconded by Alderman Hernandez. Motion approved by a roll call vote. Ayes-6 nays-2 Colosimo-nay, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Plocher-aye, Frieders-aye, Tarulis-nay ECONOMIC DEVELOPMENT COMMITTEE REPORT No report. PUBLIC SAFETY COMMITTEE REPORT No report. ADMINISTRATION COMMITTEE REPORT Resolution 2017-31 Approving the Seventh Amended Intergovernmental Cooperation Agreement for Participation in the Aurora Area Convention & Visitors Bureau (ADM 2017-69) The Minutes of the Regular Meeting of the City Council – September 26, 2017 – Page 3 of 3   Alderman Milschewski entertained a motion to approve a resolution approving the seventh amended intergovernmental cooperation agreement for participation in the Aurora Area Convention & Visitors Bureau and authorize the Mayor and City Clerk to execute; seconded by Alderman Frieders. Alderman Colosimo and Alderman Frieders discussed the timeframe for this agreement. Alderman Funkhouser stated that the AACVB has been under review and committee the past couple years and it is the committee's recommendation to continue with AACVB. Alderman Milschewski and City Administrator Olson discussed the monetary participation level of the City of Aurora and that of the City of Yorkville. City Administrator Olson discussed the details of the AACVB. Motion approved by a roll call vote. Ayes-8 Nays-0 Tarulis-aye, Colosimo-aye, Funkhouser-aye, Milschewski-aye, Hernandez-aye, Koch-aye, Plocher-aye, Frieders-aye PARK BOARD No report. PLANNING AND ZONING COMMISSION No report. CITY COUNCIL REPORT No report. CITY CLERK’S REPORT No report. COMMUNITY & LIAISON REPORT No report. STAFF REPORT No report. ADDITIONAL BUSINESS American Planning Association Illinois Chapter Mayor Golinski noted that the City was invited by the American Planning Association Illinois chapter to receive an award for the City's comprehensive plan. The City was awarded the Daniel Burnham Award from the APA Illinois chapter for an exceptional comprehensive plan. Mayor Golinski thanked Community Development Director Barksdale-Noble and her team for all the work on the comprehensive plan. Mayor Golinski stated this puts the City in a spot to be nominated for the national Burnham Award. EXECUTIVE SESSION Mayor Golinski made a motion to go into Executive Session for the purpose of 1. Litigation seconded by Alderman Colosimo. Motion approved by a roll call vote. Ayes-6 Nays-2 Tarulis-aye, Milschewski-aye, Colosimo-aye, Plocher-nay, Hernandez-aye, Koch-aye, Funkhouser-aye, Frieders-nay The City Council entered Executive Session at 7:35 p.m. The City Council returned to regular session at 8:09 p.m. CITIZEN COMMENTS None. ADJOURNMENT Mayor Golinski stated meeting adjourned. Meeting adjourned at 8:10 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/320/City-Council 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): $576,932.20 City Council – October 10, 2017 None – Informational Amy Simmons Finance Name Department 01-110ADMINISTRATION12-112SUNFLOWERSSA 42-420DEBTSERVICE 83-830LIBRARYDEBTSERVICE01-120FINANCE  15-155MOTORFUELTAX(MFT)51-510WATEROPERATIONS 84-840LIBRARYCAPITAL01-210POLICE  23-216MUNICIPALBUILDING 52-520SEWEROPERATIONS 87-870COUNTRYSIDETIF01-220COMMUNITYDEVELOPMENT23-230CITY-WIDECAPITAL 72-720LANDCASH  88-880DOWNTOWNTIF01-410STREETOPERATIONS 25-205POLICECAPITAL 79-790PARKSDEPARTMENT 90-XXXDEVELOPERESCROW01-640ADMINSTRATIVESERVICES25-215PUBLICWORKSCAPITAL79-795RECREATIONDEPT 95-XXXESCROWDEPOSIT11-111FOXHILLSSA 25-225PARKS&RECREATIONCAPITAL82-820LIBRARYOPERATIONSDATE: 09/25/17 UNITED CITY OF YORKVILLE TIME: 07:54:42 CHECK REGISTERPRG ID: AP215000.WOWCHECK DATE: 09/25/17CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525805 GENEVA GENEVA CONSTRUCTION 57422 09/19/17 01 ENGINEER'S PAYMENT ESTIMATE 23-230-60-00-6086 51,007.04 02 #3 - KENNEDY ROAD IMPROVEMENTS ** COMMENT **INVOICE TOTAL: 51,007.04 *CHECK TOTAL: 51,007.04 525806 R0001933 BRANDON & LEAH WEAVER 20170316-BUILD 09/20/17 01 302 WESTWIND BUILD PROGRAM 23-000-24-00-2445 3,230.00 02 302 WESTWIND BUILD PROGRAM 51-000-24-00-2445 6,370.00 03 302 WESTWIND BUILD PROGRAM 52-000-24-00-2445 400.00INVOICE TOTAL: 10,000.00 *CHECK TOTAL: 10,000.00TOTAL AMOUNT PAID: 61,007.04Page 1 of 34    01-110   ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 10:33:45 CHECK REGISTERPRG ID: AP215000.WOW CHECK DATE: 10/03/17CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525809 R0001936 HANNAH FIEBRANDT 20170266-BUILD 09/29/17 01 103 N CARLY BUILD PROGRAM 23-000-24-00-2445 680.00 02 103 N CARLY BUILD PROGRAM 51-000-24-00-2445 5,320.00 03 103 N CARLY BUILD PROGRAM 52-000-24-00-2445 4,000.00 INVOICE TOTAL: 10,000.00 * CHECK TOTAL: 10,000.00 525810 R0001937 KENNETH & BETTY VOJTIK 20170168-BUILD 09/29/17 01 792 GREENFIELD BUILD PROGRAM 51-000-24-00-2445 6,000.00 02 792 GREENFIELD BUILD PROGRAM 52-000-24-00-2445 4,000.00 INVOICE TOTAL: 10,000.00 * CHECK TOTAL: 10,000.00 TOTAL AMOUNT PAID: 20,000.00Page 2 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525811 AACVB AURORA AREA CONVENTION 0817-ALL 09/21/17 01 AUG 2017 ALL SEASON HOTEL TAX 01-640-54-00-5481 48.67 INVOICE TOTAL: 48.67 * 0817-HAMPTON 09/22/17 01 AUG 2017 HAMPTON INN HOTEL TAX 01-640-54-00-5481 4,739.42 INVOICE TOTAL: 4,739.42 * 0817-SUNSET 09/21/17 01 AUG 2017 SUNSET HOTEL TAX 01-640-54-00-5481 33.30 INVOICE TOTAL: 33.30 * 0817-SUPER 09/25/17 01 AUG 2017 SUPER 8 HOTEL TAX 01-640-54-00-5481 1,651.24 INVOICE TOTAL: 1,651.24 * CHECK TOTAL: 6,472.63 525812 ALPHA ALPHA SERVICE OF KANE COUNTY 20170907-01 09/07/17 01 SEPT 2017 OFFICE CLEANING 01-110-54-00-5488 943.54 02 SEPT 2017 OFFICE CLEANING 01-210-54-00-5488 943.55 03 SEPT 2017 OFFICE CLEANING 79-795-54-00-5488 226.54 04 SEPT 2017 OFFICE CLEANING 79-790-54-00-5488 226.54 05 SEPT 2017 OFFICE CLEANING 01-410-54-00-5488 97.02 06 SEPT 2017 OFFICE CLEANING 51-510-54-00-5488 97.02 07 SEPT 2017 OFFICE CLEANING 52-520-54-00-5488 60.79 INVOICE TOTAL: 2,595.00 * CHECK TOTAL: 2,595.00 525813 ARNESON ARNESON OIL COMPANY 197482 09/13/17 01 DIESEL FUEL 01-410-56-00-5695 660.69 02 DIESEL FUEL 51-510-56-00-5695 660.68 03 DIESEL FUEL 52-520-56-00-5695 660.68 INVOICE TOTAL: 1,982.05 * 197786 09/18/17 01 DIESEL FUEL 01-410-56-00-5695 283.04Page 3 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525813 ARNESON ARNESON OIL COMPANY 197786 09/18/17 02 DIESEL FUEL 51-510-56-00-5695 283.03 03 DIESEL FUEL 52-520-56-00-5695 283.03 INVOICE TOTAL: 849.10 * CHECK TOTAL: 2,831.15 525814 ATT AT&T 6305536805-0717 07/25/17 01 07/25-08/24 SERVICE 51-510-54-00-5440 227.91 INVOICE TOTAL: 227.91 * 6305536805-0817 08/25/17 01 08/25-09/24 SERVICE 51-510-54-00-5440 226.97 INVOICE TOTAL: 226.97 * CHECK TOTAL: 454.88 525815 ATTINTER AT&T 3308457303 09/10/17 01 09/10-10/09 ROUTER 01-110-54-00-5440 496.60 INVOICE TOTAL: 496.60 * CHECK TOTAL: 496.60D000633 BEHRD DAVID BEHRENS 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 52-520-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525816 BEYERD DWAYNE F BEYER 090717 09/07/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 *Page 4 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525816 BEYERD DWAYNE F BEYER 091417 09/14/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 * CHECK TOTAL: 144.00 525817 BPAMOCO BP AMOCO OIL COMPANY 51401956 09/24/17 01 SEPT 2017 GASOLINE 01-210-56-00-5695 274.21 INVOICE TOTAL: 274.21 * CHECK TOTAL: 274.21 525818 BRENART BRENART EYE CLINIC, LLC 69892968 09/20/17 01 EYE EXAM 01-210-54-00-5411 40.00 INVOICE TOTAL: 40.00 * CHECK TOTAL: 40.00D000634 BROWND DAVID BROWN 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 52-520-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525819 CAMBRIA CAMBRIA SALES COMPANY INC. 39095 09/19/17 01 PAPER TOWEL, TOILET TISSUE 52-520-56-00-5620 120.01 INVOICE TOTAL: 120.01 * CHECK TOTAL: 120.01 525820 CHITRIB CHICAGO TRIBUNEPage 5 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525820 CHITRIB CHICAGO TRIBUNE 003373217 08/14/17 01 WHISPERING MEADOWS COMPLETION 01-110-54-00-5426 218.64 02 OF IMPROVEMENTS ** COMMENT ** INVOICE TOTAL: 218.64 * CHECK TOTAL: 218.64 525821 CIVICPLS ICON ENTERPRISES, INC 166972 09/27/17 01 WEBSITE ANNUAL FEE FOR HOSTING 01-640-54-00-5450 3,927.00 02 AND SUPPORT ** COMMENT ** 03 REQUEST TRACKER USER LICENSE 01-640-54-00-5450 600.00 04 ANNUAL RENEWAL FEE ** COMMENT ** INVOICE TOTAL: 4,527.00 * CHECK TOTAL: 4,527.00 525822 COMCAST COMCAST CABLE 8771200660159803-917 09/05/17 01 09/12-10/11 CABLE 01-110-54-00-5440 30.63 INVOICE TOTAL: 30.63 * CHECK TOTAL: 30.63 525823 COMED COMMONWEALTH EDISON 6963019021-0917 09/12/17 01 08/11-09/11 RT47 & ROSENWINKLE 15-155-54-00-5482 21.32 INVOICE TOTAL: 21.32 * CHECK TOTAL: 21.32 525824 COMED COMMONWEALTH EDISON 7090039005-0817 09/07/17 01 08/09-09/07 RT34 & CANNONBALL 01-410-54-00-5482 0.90 02 08/09-09/07 RT34 & CANNONBALL 15-155-54-00-5482 18.97 INVOICE TOTAL: 19.87 * CHECK TOTAL: 19.87Page 6 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525825 COMED COMMONWEALTH EDISON 8344010026-0817 09/19/17 01 07/28-09/19 MISC STREET LIGHTS 15-155-54-00-5482 220.21 INVOICE TOTAL: 220.21 * CHECK TOTAL: 220.21 525826 CONSTELL CONSTELLATION NEW ENERGY 0041446977 09/13/17 01 07/28-08/27 1 COUNTRYSIDE PKWY 51-510-54-00-5480 119.24 INVOICE TOTAL: 119.24 * 0041471473 09/14/17 01 06/30-07/27 1 COUNTRYSIDE 51-510-54-00-5480 98.00 INVOICE TOTAL: 98.00 * CHECK TOTAL: 217.24 525827 COREMAIN CORE & MAIN LP H765290 09/11/17 01 24 METERS 51-510-56-00-5664 2,760.00 INVOICE TOTAL: 2,760.00 * CHECK TOTAL: 2,760.00D000635 DLK DLK, LLC 143 09/30/17 01 SEPT 2017 ECONOMIC DEVELOPMENT 01-640-54-00-5486 9,425.00 02 HOURS ** COMMENT ** INVOICE TOTAL: 9,425.00 * 163 09/30/17 01 2017 3RD QTR BANKED HOURS 01-640-54-00-5486 9,425.00 INVOICE TOTAL: 9,425.00 * DIRECT DEPOSIT TOTAL: 18,850.00 525828 DYNEGY DYNEGY ENERGY SERVICESPage 7 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525828 DYNEGY DYNEGY ENERGY SERVICES 266979317091 09/20/17 01 08/18-09/17 2702 MILL RD 51-510-54-00-5480 7,951.06 INVOICE TOTAL: 7,951.06 * 4637141036 09/18/17 01 07/27-08/24 2921 BRISTOL RDG 51-510-54-00-5480 3,525.58 INVOICE TOTAL: 3,525.58 * CHECK TOTAL: 11,476.64 525829 EEI ENGINEERING ENTERPRISES, INC. 61909 05/22/17 01 GRANDE RESERVE-AVANTI 01-640-54-00-5465 567.75 INVOICE TOTAL: 567.75 * 62091 06/22/17 01 104 BEAVER SITE IMPROVEMENTS 90-097-97-00-0111 1,416.25 INVOICE TOTAL: 1,416.25 * 62111 06/26/17 01 KBL COMMUNITY CENTER 90-104-00-00-0111 2,375.00 INVOICE TOTAL: 2,375.00 * 62127 06/26/17 01 CENTER PARKWAY/COUNTRYSIDE 23-230-60-00-6025 992.25 02 PARKWAY RESURFACING ** COMMENT ** INVOICE TOTAL: 992.25 * 62130 06/26/17 01 HSIP APPLICATION 01-640-54-00-5465 1,435.00 INVOICE TOTAL: 1,435.00 * 62131 06/26/17 01 SUB-REGIONAL WATER 51-510-54-00-5465 1,560.25 02 COORDINATION ** COMMENT ** INVOICE TOTAL: 1,560.25 * CHECK TOTAL: 8,346.50 525830 ELENBAJA JAMIE ELENBAAS 090917 09/09/17 01 REFEREE 79-795-54-00-5462 105.00 INVOICE TOTAL: 105.00 * CHECK TOTAL: 105.00Page 8 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525831 ENCAP ENCAP, INC. 3492 08/31/17 01 RAINTREE VILLAGE GROUNDS CARE 01-000-24-00-2440 11,375.00 INVOICE TOTAL: 11,375.00 * 3538 09/25/17 01 ENGINEER'S PAYMENT ESTIMATE 12-112-54-00-5416 1,988.32 02 #9 SUNFLOWER ESTATES AND ** COMMENT ** 03 GREENBRIAR POND IMPROVEMENTS ** COMMENT ** 04 ENGINEER'S PAYMENT ESTIMATE 23-230-60-00-6018 935.68 05 #9 SUNFLOWER ESTATES AND ** COMMENT ** 06 GREENBRIAR POND IMPROVEMENTS ** COMMENT ** INVOICE TOTAL: 2,924.00 * CHECK TOTAL: 14,299.00D000636 EVANST TIM EVANS 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 22.50 02 REIMBURSEMENT ** COMMENT ** 03 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 22.50 04 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525832 FLATSOS RAQUEL HERRERA 5592 08/30/17 01 TUBE REPAIR 79-790-54-00-5495 20.00 INVOICE TOTAL: 20.00 * CHECK TOTAL: 20.00 525833 FLEMINGR ROOSEVELT K. FLEMING 090717 09/07/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 *Page 9 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525833 FLEMINGR ROOSEVELT K. FLEMING 091417 09/14/17 01 REFEREE 79-795-54-00-5462 108.00 INVOICE TOTAL: 108.00 * CHECK TOTAL: 180.00D000637 FREDRICR ROB FREDRICKSON 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-120-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525834 GALAUNEJ JAKE GALAUNER 090117 09/01/17 01 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * CHECK TOTAL: 45.00 525835 GARDKOCH GARDINER KOCH & WEISBERG H-2364C-128498 09/18/17 01 KIMBALL HILL I MATTERS 01-640-54-00-5461 9,914.81 INVOICE TOTAL: 9,914.81 * H-3181C-128409 09/05/17 01 MISC GENERAL CITY LEGAL MATTER 01-640-54-00-5461 330.00 INVOICE TOTAL: 330.00 * H-3525C-128410 09/05/17 01 KIMBALL HILL II UNIT 4 MATTERS 01-640-54-00-5461 1,125.00 INVOICE TOTAL: 1,125.00 * H-3548C-128499 09/18/17 01 WALKER HOMES MATTERS 01-640-54-00-5461 47,859.93 INVOICE TOTAL: 47,859.93 *Page 10 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525835 GARDKOCH GARDINER KOCH & WEISBERG H-3617C-128412 09/05/17 01 ROB ROY RAYMOND MATTERS 01-640-54-00-5461 143.00 INVOICE TOTAL: 143.00 * H-3995C-128415 09/05/17 01 YMCA MATTERS 01-640-54-00-5461 176.00 INVOICE TOTAL: 176.00 * CHECK TOTAL: 59,548.74D000638 GOLINSKI GARY GOLINSKI 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-110-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525836 GRAINCO GRAINCO FS., INC. 74005673 08/09/17 01 LP GAS CYLINDER 79-790-56-00-5620 61.94 INVOICE TOTAL: 61.94 * CHECK TOTAL: 61.94 525837 GROUND GROUND EFFECTS INC. 361778 05/17/17 01 MULCH FOR TOWN SQUARE 79-790-56-00-5620 141.25 INVOICE TOTAL: 141.25 * 365224 06/14/17 01 80 YARDS OF PLAYMAT 79-790-56-00-5640 1,436.00 INVOICE TOTAL: 1,436.00 * 367920 07/11/17 01 PILLAR CAP LEDGE FOR 72-720-60-00-6045 385.16 02 RIVERFRONT ** COMMENT ** INVOICE TOTAL: 385.16 *Page 11 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525837 GROUND GROUND EFFECTS INC. 369017 07/12/17 01 65 YARDS OF MULCH 79-790-56-00-5620 1,462.50 INVOICE TOTAL: 1,462.50 * 369587 07/28/17 01 80 YARDS OF PLAYMAT 79-790-56-00-5640 1,436.00 INVOICE TOTAL: 1,436.00 * 369852 07/31/17 01 80 YARDS OF PLAYMAT 79-790-56-00-5640 1,436.00 INVOICE TOTAL: 1,436.00 * 372976 09/08/17 01 80 YARDS OF PLAYMAT 79-790-56-00-5640 1,436.00 INVOICE TOTAL: 1,436.00 * 372977 09/08/17 01 PLAYMAT FOR RIEMENSCHNEIDER 79-790-56-00-5640 1,436.00 02 PARK ** COMMENT ** INVOICE TOTAL: 1,436.00 * CHECK TOTAL: 9,168.91D000639 HARMANR RHIANNON HARMON 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525838 HARRIS HARRIS COMPUTER SYSTEMS XT00006163 09/26/17 01 SEPT 2017 MYGOVHUB FEES 01-120-54-00-5462 146.89 02 SEPT 2017 MYGOVHUB FEES 51-510-54-00-5462 221.67 03 SEPT 2017 MYGOVHUB FEES 52-520-54-00-5462 63.97 INVOICE TOTAL: 432.53 * CHECK TOTAL: 432.53Page 12 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------D000640 HARTRICH HART, RICHARD 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-210-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000641 HENNED DURK HENNE 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-410-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000642 HERNANDA ADAM HERNANDEZ 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525839 HETTINGA ANDREW HETTINGER 091217 09/12/17 01 REFEREE 79-795-54-00-5462 100.00 INVOICE TOTAL: 100.00 * CHECK TOTAL: 100.00D000643 HILTL HILT, LARRY 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-210-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00Page 13 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525840 HINCKLEY G.C. NEHRING 18588 08/22/17 01 MANHOLE SPACER RING, MANHOLE 79-790-56-00-5640 237.90 INVOICE TOTAL: 237.90 * CHECK TOTAL: 237.90D000644 HORNERR RYAN HORNER 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000645 HOULEA ANTHONY HOULE 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525841 ILLCO ILLCO, INC. 1323808 09/11/17 01 PIPE 51-510-56-00-5638 121.50 INVOICE TOTAL: 121.50 * CHECK TOTAL: 121.50 525842 ILPD4778 ILLINOIS STATE POLICE 08-2017 09/22/17 01 LIQUOR BACKGROUND CHECK 01-110-54-00-5462 54.00 INVOICE TOTAL: 54.00 * CHECK TOTAL: 54.00Page 14 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525843 ILPD4811 ILLINOIS STATE POLICE 08-2017 09/22/17 01 BACKGROUND CHECK 82-820-54-00-5462 27.00 02 8 BACKGROUND CHECKS 79-795-54-00-5462 216.00 INVOICE TOTAL: 243.00 * CHECK TOTAL: 243.00 525844 IMLRM IL MUNICIPAL LEAGUE 0028277-IN 09/26/17 01 30 DAY WEB EMPLOYMENT AD 01-110-54-00-5426 35.00 INVOICE TOTAL: 35.00 * CHECK TOTAL: 35.00 525845 IPRF ILLINOIS PUBLIC RISK FUND 38188 09/12/17 01 NOV 2017 WORKER COMP INS 01-640-52-00-5231 10,284.55 02 NOV 2017 WORKER COMP INS 01-640-52-00-5231 1,926.17 03 NOV 2017 WORKER COMP INS 51-510-52-00-5231 1,128.11 04 NOV 2017 WORKER COMP INS 52-520-52-00-5231 567.21 05 NOV 2017 WORKER COMP INS 82-820-52-00-5231 967.96 INVOICE TOTAL: 14,874.00 * CHECK TOTAL: 14,874.00 525846 ITRON ITRON 460971 09/11/17 01 OCT 2017 HOSTING SERVICES 51-510-54-00-5462 555.08 INVOICE TOTAL: 555.08 * CHECK TOTAL: 555.08 525847 JIMSTRCK JIM'S TRUCK INSPECTION LLC 167548 07/20/17 01 TRUCK INSPECTION 79-790-54-00-5495 29.00 INVOICE TOTAL: 29.00 *Page 15 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525847 JIMSTRCK JIM'S TRUCK INSPECTION LLC 167549 07/20/17 01 TRUCK INSPECTION 79-790-54-00-5495 29.00 INVOICE TOTAL: 29.00 * 167551 07/20/17 01 TRUCK INSPECTION 79-790-54-00-5495 30.00 INVOICE TOTAL: 30.00 * 167561 07/20/17 01 TRUCK INSPECTION 79-790-54-00-5495 59.00 INVOICE TOTAL: 59.00 * 167635 07/26/17 01 TRUCK INSPECTION 79-790-54-00-5495 34.00 INVOICE TOTAL: 34.00 * CHECK TOTAL: 181.00 525848 KCSHERIF KENDALL CO. SHERIFF'S OFFICE AUGUST 2017-KANE 09/21/17 01 KANE COUNTY FTA BOND FEE 01-000-24-00-2412 70.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 70.00 * AUGUST 2017-KENDALL 09/19/17 01 KENDALL COUNTY FTA BOND FEE 01-000-24-00-2412 70.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 70.00 * CHECK TOTAL: 140.00 525849 KENDCPA KENDALL COUNTY CHIEFS OF 343A 09/20/17 01 MONTHLY MEETING FEE FOR 6 01-210-54-00-5412 96.00 02 PEOPLE ** COMMENT ** INVOICE TOTAL: 96.00 * CHECK TOTAL: 96.00 525850 KENDCROS KENDALL CROSSING, LLCPage 16 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525850 KENDCROS KENDALL CROSSING, LLC AMU REBATE 08/17 09/15/17 01 AUG 2017 AMUSEMENT TAX REBATE 01-640-54-00-5439 2,513.24 INVOICE TOTAL: 2,513.24 * CHECK TOTAL: 2,513.24 525851 KENPRINT ANNETTE M. POWELL 2449 09/13/17 01 500 BUSINESS CARDS-CREADEUR 01-220-56-00-5620 42.50 INVOICE TOTAL: 42.50 * CHECK TOTAL: 42.50D000646 KLEEFISG GLENN KLEEFISCH 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525852 LANEMUCH LANER, MUCHIN, DOMBROW, BECKER 522813 09/01/17 01 INTERNAL COMPLAINT 01-640-54-00-5463 1,532.50 02 INVESTIGATION ** COMMENT ** INVOICE TOTAL: 1,532.50 * CHECK TOTAL: 1,532.50 525853 LAWLESSM MATTHEW J. LAWLESS 090917 09/09/17 01 REFEREE 79-795-54-00-5462 105.00 INVOICE TOTAL: 105.00 * CHECK TOTAL: 105.00Page 17 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525854 LAWSON LAWSON PRODUCTS 9305229591 09/27/17 01 NUTS, COTTER PINS, WASHERS, 01-410-56-00-5620 489.44 02 HEX CAPS, SCREWS, KEYSTOCK, ** COMMENT ** 03 BLOW GUN EXTENSION, DRILL ** COMMENT ** 04 SCREWS ** COMMENT ** INVOICE TOTAL: 489.44 * CHECK TOTAL: 489.44 525855 LAYNE LAYNE CHRISTENSEN COMPANY 92081279 09/18/17 01 WELL #9 REPAIR 51-510-60-00-6022 14,761.50 INVOICE TOTAL: 14,761.50 * CHECK TOTAL: 14,761.50 525856 MENLAND MENARDS - YORKVILLE 88849 08/18/17 01 EXTENSION CORDS, BULBS, 79-790-56-00-5620 486.35 02 GARBAGE BAGS, SNOW FENCE ** COMMENT ** INVOICE TOTAL: 486.35 * CHECK TOTAL: 486.35 525857 MENLAND MENARDS - YORKVILLE 89147 08/21/17 01 AG PINS, CLEVIS PINS 79-790-56-00-5620 27.95 INVOICE TOTAL: 27.95 * 89167 08/21/17 01 GREASE, SHARPIES, WASHERS, 79-790-56-00-5620 54.22 02 DRILLBITS ** COMMENT ** INVOICE TOTAL: 54.22 * 89346 08/23/17 01 HANDLES, WHEEL PARTS BOXES, 79-790-56-00-5630 656.43 02 PUSH BROOMS, RAKES, MANURE ** COMMENT **Page 18 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525857 MENLAND MENARDS - YORKVILLE 89346 08/23/17 03 FORKS, TARPS, TRAYS ** COMMENT ** INVOICE TOTAL: 656.43 * 89358 08/23/17 01 MORTOR MIX 79-790-56-00-5620 7.94 INVOICE TOTAL: 7.94 * 89896-17 08/29/17 01 PLIERS, UTILITY KNIVES, GLOVES 79-790-56-00-5620 128.26 INVOICE TOTAL: 128.26 * 89997 08/30/17 01 Y CONNECT TWIN VALVES 79-790-56-00-5620 41.86 INVOICE TOTAL: 41.86 * 90135 08/31/17 01 GOMMET TOOL KIT, DUCK TAPE, 79-790-56-00-5620 142.66 02 HOSE, DRAINAGE KIT, SNOW FENCE ** COMMENT ** INVOICE TOTAL: 142.66 * 90162 08/31/17 01 T-POSTS 79-790-56-00-5620 32.40 INVOICE TOTAL: 32.40 * 90221 09/01/17 01 T-POSTS 79-790-56-00-5620 32.40 INVOICE TOTAL: 32.40 * 90240 09/01/17 01 T-POSTS, SNOW FENCE 79-790-56-00-5620 69.58 INVOICE TOTAL: 69.58 * 91219-17 09/11/17 01 BLADES 01-410-56-00-5620 16.98 INVOICE TOTAL: 16.98 * 91237 09/11/17 01 BRAKLEEN, HOSE, NOZZLE 51-510-56-00-5638 77.66 INVOICE TOTAL: 77.66 * 91303 09/12/17 01 CHALK, STRAINER 01-410-56-00-5620 20.14 INVOICE TOTAL: 20.14 * 91304 09/12/17 01 PAIL 01-410-56-00-5620 2.96 INVOICE TOTAL: 2.96 *Page 19 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525857 MENLAND MENARDS - YORKVILLE 91322 09/12/17 01 BUSHING 51-510-56-00-5638 2.79 INVOICE TOTAL: 2.79 * 91941 09/18/17 01 MOTAR MIX, SEWER CAPS, SEWER 01-410-56-00-5640 80.74 02 TEE, SEWER PIPE ** COMMENT ** INVOICE TOTAL: 80.74 * 92260 09/21/17 01 STAPLEGUN 01-210-56-00-5620 15.98 INVOICE TOTAL: 15.98 * 92294 09/21/17 01 BATTERIES 51-510-56-00-5665 8.48 INVOICE TOTAL: 8.48 * 92297 09/21/17 01 THERMOMETER 23-216-56-00-5656 7.96 INVOICE TOTAL: 7.96 * CHECK TOTAL: 1,427.39 525858 MIDAM MID AMERICAN WATER 140521A 08/29/17 01 EASY SLICK BOX 52-520-56-00-5620 58.00 INVOICE TOTAL: 58.00 * 141095A 09/12/17 01 VALVCO CLEANOUT COVER, LIDS 51-510-56-00-5640 1,185.00 INVOICE TOTAL: 1,185.00 * CHECK TOTAL: 1,243.00 525859 MIDWSALT MIDWEST SALT P437512 09/14/17 01 BULK ROCK SALT 51-510-56-00-5638 2,236.75 INVOICE TOTAL: 2,236.75 * P437513 09/14/17 01 BULK ROCK SALT 51-510-56-00-5638 2,536.90 INVOICE TOTAL: 2,536.90 * CHECK TOTAL: 4,773.65Page 20 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525860 MIKOLASR RAY MIKOLASEK 091417 09/20/17 01 TRAINING MEAL REIMBURSEMENT 01-210-54-00-5415 10.00 INVOICE TOTAL: 10.00 * CHECK TOTAL: 10.00 525861 MUNCOLLE MUNICIPAL COLLECTION SERVICES 010767 08/31/17 01 COMMISSION ON COLLECTIONS 01-210-54-00-5467 74.88 INVOICE TOTAL: 74.88 * 010768 08/31/17 01 COMMISSION ON COLLECTIONS 01-210-54-00-5467 17.50 INVOICE TOTAL: 17.50 * CHECK TOTAL: 92.38 525862 NARVICK NARVICK BROS. LUMBER CO, INC 56142 09/07/17 01 CONCRETE 01-410-56-00-5640 650.00 INVOICE TOTAL: 650.00 * CHECK TOTAL: 650.00D000647 NELCONT TYLER NELSON 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525863 NICOR NICOR GAS 07-72-09-0117 7-0817 09/12/17 01 08/11-09/12 1301 CAROLYN 01-110-54-00-5480 25.55 INVOICE TOTAL: 25.55 *Page 21 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525863 NICOR NICOR GAS 31-61-67-2493 1-0817 09/11/17 01 08/10-09/11 276 WINDHAM CR 01-110-54-00-5480 27.74 INVOICE TOTAL: 27.74 * 45-12-25-4081 3-0817 09/12/17 01 08/09-09/11 201 W HYDRSULIC 01-110-54-00-5480 36.91 INVOICE TOTAL: 36.91 * 49-25-61-1000 5-0817 09/12/17 01 08/09-09/11 1 VAN EMMON 01-110-54-00-5480 46.03 INVOICE TOTAL: 46.03 * CHECK TOTAL: 136.23 525864 PARADISE PARADISE CAR WASH 223516 09/06/17 01 CAR WASH 01-220-56-00-5620 11.00 INVOICE TOTAL: 11.00 * CHECK TOTAL: 11.00 525865 PAVLIKB ROBERT J. PAVLIK 090917 09/09/17 01 REFEREE 79-795-54-00-5462 100.00 INVOICE TOTAL: 100.00 * CHECK TOTAL: 100.00 525866 PAWLOWSM MARK PAWLOWSKI 090717 09/07/17 01 REFEREE 79-795-54-00-5462 108.00 INVOICE TOTAL: 108.00 * 091417 09/14/17 01 REFEREE 79-795-54-00-5462 108.00 INVOICE TOTAL: 108.00 * CHECK TOTAL: 216.00Page 22 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525867 PFPETT P.F. PETTIBONE & CO. 173000 09/15/17 01 1 PHOTO ID CARD 79-795-56-00-5610 12.80 INVOICE TOTAL: 12.80 * CHECK TOTAL: 12.80 525868 R0000594 BRIAN BETZWISER 100117-107 10/01/17 01 185 WOLF ST PYMT #107 25-215-92-00-8000 3,601.68 02 185 WOLF ST PYMT #107 25-215-92-00-8050 2,299.62 03 185 WOLF ST PYMT #107 25-225-92-00-8000 112.84 04 185 WOLF ST PYMT #107 25-225-92-00-8050 72.05 INVOICE TOTAL: 6,086.19 * CHECK TOTAL: 6,086.19 525869 R0000820 ROBERT CREADEUR 35.0 09/18/17 01 IACE DECK INSPECTION SEMINAR 01-220-54-00-5412 35.00 02 REGISTRATION ** COMMENT ** INVOICE TOTAL: 35.00 * CHECK TOTAL: 35.00 525870 R0001929 REBECCA MALAS 091417 09/14/17 01 REFUND OF PATIO PERMIT FEE DUE 01-000-42-00-4210 50.00 02 TO DUPLICATE PERMITS BEING ** COMMENT ** 03 CREATED ** COMMENT ** INVOICE TOTAL: 50.00 * CHECK TOTAL: 50.00 525871 R0001930 FRENZ SCHERER 091817 09/18/17 01 REFUND OVERPAYMENT ON FINAL 01-000-13-00-1371 180.27Page 23 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525871 R0001930 FRENZ SCHERER 091817 09/18/17 02 UTILITY BILL FOR ** COMMENT ** 03 ACCT#0101305880-00 ** COMMENT ** INVOICE TOTAL: 180.27 * CHECK TOTAL: 180.27 525872 R0001931 DAVID BUR 091817 09/18/17 01 REFUND OVERPAYMENT ON FINAL 01-000-13-00-1371 260.65 02 UTILITY BILL FOR ** COMMENT ** 03 ACCT#0104504820-00 ** COMMENT ** INVOICE TOTAL: 260.65 * CHECK TOTAL: 260.65 525873 R0001932 BRYAN LANDER 092117 09/21/17 01 REFUND OVERPAYMENT ON UTILITY 01-000-13-00-1371 153.19 02 ACCT#0208009420-01 ** COMMENT ** INVOICE TOTAL: 153.19 * CHECK TOTAL: 153.19 525874 RAGERD DALE W. RAGER 090917 09/09/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 * CHECK TOTAL: 72.00D000648 REDMONST STEVE REDMON 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00Page 24 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525875 REIL TEAM REIL INC. 20903 08/21/17 01 BUSHING OIL, CHAIN LINKS, 79-790-56-00-5640 67.45 02 SHACKLE ** COMMENT ** INVOICE TOTAL: 67.45 * CHECK TOTAL: 67.45 525876 REINDERS REINDERS, INC. 1702273-00 08/17/17 01 BELT 79-790-56-00-5640 147.76 INVOICE TOTAL: 147.76 * 1702881-00 08/22/17 01 O-RINGS, FITTINGS 79-790-56-00-5640 18.14 INVOICE TOTAL: 18.14 * 1702881-01 08/23/17 01 HYDRAULIC HOSES, FITTINGS 79-790-56-00-5640 283.94 INVOICE TOTAL: 283.94 * 1704817-00 09/07/17 01 MOWER REPAIR 01-410-56-00-5628 959.65 INVOICE TOTAL: 959.65 * CHECK TOTAL: 1,409.49 525877 RIETZR ROBERT L. RIETZ JR. 090717 09/07/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 * 091417 09/14/17 01 REFEREE 79-795-54-00-5462 72.00 INVOICE TOTAL: 72.00 * CHECK TOTAL: 144.00D000649 ROSBOROS SHAY REMUS 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-795-54-00-5440 45.00Page 25 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------D000649 ROSBOROS SHAY REMUS 100117 10/01/17 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000650 SCOTTB BILL SCOTT 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525878 SIPEST TIM SIPES 090917 09/09/17 01 REFEREE 79-795-54-00-5462 100.00 INVOICE TOTAL: 100.00 * CHECK TOTAL: 100.00D000651 SLEEZERJ JOHN SLEEZER 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-410-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000652 SLEEZERS SLEEZER, SCOTT 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00Page 26 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------D000653 SMITHD DOUG SMITH 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 79-790-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00D000654 SOELKET TOM SOELKE 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 52-520-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525879 STREICH STREICHERS I1280304 09/15/17 01 FUSEE W/WIRE STAND 01-210-56-00-5620 255.00 INVOICE TOTAL: 255.00 * CHECK TOTAL: 255.00 525880 SUNLIFE SUN LIFE FINANCIAL 091917 09/19/17 01 OCT 2017 DENTAL INS 01-110-52-00-5223 613.77 02 OCT 2017 DENTAL INS 01-110-52-00-5237 147.75 03 OCT 2017 DENTAL INS 01-120-52-00-5223 443.25 04 OCT 2017 DENTAL INS 01-210-52-00-5223 3,928.89 05 OCT 2017 DENTAL INS 01-220-52-00-5223 465.80 06 OCT 2017 DENTAL INS 01-410-52-00-5223 648.77 07 OCT 2017 DENTAL INS 01-640-52-00-5241 554.08 08 OCT 2017 DENTAL INS 79-790-52-00-5223 812.16 09 OCT 2017 DENTAL INS 79-795-52-00-5223 522.46 10 OCT 2017 DENTAL INS 51-510-52-00-5223 734.03 11 OCT 2017 DENTAL INS 52-520-52-00-5223 353.27Page 27 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525880 SUNLIFE SUN LIFE FINANCIAL 091917 09/19/17 12 OCT 2017 DENTAL INS 82-820-52-00-5223 338.01 INVOICE TOTAL: 9,562.24 * CHECK TOTAL: 9,562.24 525881 TRAFFIC TRAFFIC CONTROL CORPORATION 101415 09/21/17 01 TRAFFIC SIGNAL BULBS 01-410-54-00-5435 94.00 INVOICE TOTAL: 94.00 * CHECK TOTAL: 94.00 525882 UPS5361 DDEDC #3, INC 092117 09/21/17 01 1 PKG TO KFO 01-110-54-00-5452 31.51 INVOICE TOTAL: 31.51 * CHECK TOTAL: 31.51 525883 WATERSER WATER SERVICES CO. 26989 09/15/17 01 LEAK DETECTION AT 911 S CARLY 51-510-54-00-5462 315.00 INVOICE TOTAL: 315.00 * 26990 09/15/17 01 LEAK DETECTION @ FIRST 51-510-54-00-5462 315.00 02 NATIONAL BANK ** COMMENT ** INVOICE TOTAL: 315.00 * CHECK TOTAL: 630.00D000655 WEBERR ROBERT WEBER 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-410-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00Page 28 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------D000656 WILLRETE ERIN WILLRETT 100117 10/01/17 01 SEPT 2017 MOBILE EMAIL 01-110-54-00-5440 45.00 02 REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 45.00 * DIRECT DEPOSIT TOTAL: 45.00 525884 WTRPRD WATER PRODUCTS, INC. 0275915 09/14/17 01 OPERATING NUT BUSHING 51-510-56-00-5640 300.00 INVOICE TOTAL: 300.00 * CHECK TOTAL: 300.00D000657 YBSD YORKVILLE BRISTOL 0551-013723143 08/31/17 01 AUG 2017 BIOSOLIDS LANDFILL 51-510-54-00-5445 10,441.01 02 EXPENSE REIMBURSEMENT ** COMMENT ** INVOICE TOTAL: 10,441.01 * DIRECT DEPOSIT TOTAL: 10,441.01 525885 YNB OLD SECOND BANK - YORKVILLE 210002049-092117 09/21/17 01 10/05/17-10/05/18 SAFE DEPOSIT 01-110-54-00-5462 82.50 02 BOX RENTAL ** COMMENT ** INVOICE TOTAL: 82.50 * CHECK TOTAL: 82.50 525886 YORKSELF YORKVILLE SELF STORAGE, INC 092217-45 09/22/17 01 SEPT 2017 STORAGE RENTAL 01-210-54-00-5485 80.00 INVOICE TOTAL: 80.00 * CHECK TOTAL: 80.00Page 29 of 34    01-110  ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 10/03/17 UNITED CITY OF YORKVILLE TIME: 11:07:16 PRE-CHECK RUN EDITID: AP211001.W0W INVOICES DUE ON/BEFORE 10/10/2017CHECK # VENDOR # INVOICE ITEM INVOICE # DATE # DESCRIPTION ACCOUNT # PROJECT CODE ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525887 YOUNGM MARLYS J. YOUNG 090517 09/25/17 01 09/05/17 EDC MEETING MINUTES 01-110-54-00-5462 63.00 INVOICE TOTAL: 63.00 * 090717 09/25/17 01 09/07/17 PUBLIC SAFETY MEETING 01-110-54-00-5462 47.00 02 MINUTES ** COMMENT ** INVOICE TOTAL: 47.00 * CHECK TOTAL: 110.00 TOTAL CHECKS PAID: 190,071.60 TOTAL DEPOSITS PAID: 30,326.01 TOTAL AMOUNT PAID: 220,397.61Page 30 of 34    01-110   ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 09/27/17 UNITED CITY OF YORKVILLE PAGE: 1TIME: 08:27:35 CHECK REGISTERPRG ID: AP215000.WOW CHECK DATE: 09/27/17CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525807 EUCLIDBE EUCLID BEVERAGE W-1959276 09/27/17 01 GREAT PUMPKIN FEST BEVERAGE 79-795-56-00-5606 941.75 02 ORDER ** COMMENT ** INVOICE TOTAL: 941.75 * CHECK TOTAL: 941.75 TOTAL AMOUNT PAID: 941.75Page 31 of 34    01-110   ADMINISTRATION  12-112  SUNFLOWER SSA                        42-420  DEBT SERVICE      83-830  LIBRARY DEBT SERVICE  01-120  FINANCE        15-155  MOTOR FUEL TAX (MFT)    51-510  WATER OPERATIONS     84-840  LIBRARY CAPITAL 01-210  POLICE         23-216  MUNICIPAL BUILDING      52-520  SEWER OPERATIONS      87-870  COUNTRYSIDE TIF 01-220  COMMUNITY DEVELOPMENT   23-230  CITY-WIDE CAPITAL      72-720  LAND CASH       88-880  DOWNTOWN TIF 01-410  STREET OPERATIONS     25-205  POLICE CAPITAL      79-790  PARKS DEPARTMENT      90-XXX  DEVELOPER ESCROW 01-640  ADMINSTRATIVE SERVICES   25-215  PUBLIC WORKS CAPITAL   79-795  RECREATION DEPT      95-XXX  ESCROW DEPOSIT 11-111  FOX HILL SSA      25-225  PARKS & RECREATION CAPITAL   82-820  LIBRARY OPERATIONS   DATE: 09/29/17 UNITED CITY OF YORKVILLE PAGE: 1TIME: 12:38:26 CHECK REGISTERPRG ID: AP215000.WOW CHECK DATE: 09/29/17CHECK # VENDOR # INVOICE INVOICE ITEM NUMBER DATE # DESCRIPTION ACCOUNT # ITEM AMT------------------------------------------------------------------------------------------------------------------------------------ 525808 R0001934 LINDA STORTZ 20170437-BUILD 09/28/17 01 1262 DEERPATH BUILD PROGRAM 51-000-24-00-2445 6,000.00 02 1262 DEERPATH BUILD PROGRAM 52-000-24-00-2445 4,000.00 INVOICE TOTAL: 10,000.00 * CHECK TOTAL: 10,000.00 TOTAL AMOUNT PAID: 10,000.00Page 32 of 34 REGULAR OVERTIME TOTAL IMRF FICA TOTALSADMINISTRATION16,535.24$ -$ 16,535.24 1,782.51$ 848.17$ 19,165.92$ FINANCE10 020 01-10 020 011 096 33752 2511 868 59$UNITED CITY OF YORKVILLEPAYROLL SUMMARYOctober 6, 2017FINANCE10,020.01 - 10,020.01 1,096.33 752.25 11,868.59$ POLICE100,983.44 6,168.84 107,152.28 583.94 7,957.46 115,693.68$ COMMUNITY DEV.15,864.55 - 15,864.55 1,643.42 1,183.10 18,691.07$ STREETS13,066.43 21.30 13,087.73 1,410.86 964.02 15,462.61$ WATER14,543.52 70.24 14,613.76 1,542.22 1,061.06 17,217.04$ SEWER8,171.35 - 8,171.35 897.04 619.16 9,687.55$ PARKS19,335.49 - 19,335.49 2,084.37 1,421.54 22,841.40$ RECREATION15,359.76 - 15,359.76 1,250.82 1,151.73 17,762.31$ LIBRARY14,319.65 - 14,319.65 806.75 1,069.23 16,195.63$ TOTALS228,199.44$ 6,260.38$ 234,459.82$ 13,098.26$ 17,027.72$ 264,585.80$ TOTAL PAYROLL264,585.80$ Page 33 of 34 ACCOUNTS PAYABLE DATE Manual Check Register (Page 1)09/25/2017 61,007.04 Manual Check Register (Page 2)10/03/2017 20,000.00 City Check Register (Pages 3 - 30)10/10/2017 220,397.61 SUB-TOTAL: $301,404.65 OTHER PAYABLES Maual Check #525807 - Euclid Beverage (Page 31)09/27/2017 941.75 lhk hk() UNITED CITY OF YORKVILLE BILL LIST SUMMARY Tuesday, October 10, 2017 Maual Check #505808 - Stortz BUILD Check (Page 32)09/29/2017 10,000.00 SUB-TOTAL: $10,941.75 Bi - Weekly (Page 33)10/06/2017 264,585.80 SUB-TOTAL: $264,585.80 TOTAL DISBURSEMENTS:$576,932.20 PAYROLL Page 34 of 34 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/320/City-Council 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 Administration Committee #1 Tracking Number ADM 2017-68 Library Intergovermental Agreement City Council – October 10, 2017 N/A Majority Approval See attached memo. Bart Olson Administration Name Department Summary Discussion of the termination and renegotiation the intergovernmental agreement between the City and the Library. Background This item was last discussed at the Administration Committee meeting in September 2017. At that meeting, the committee agreed with the staff recommendation to notify the Library Board of its intent to terminate the agreement as of April 30, 2017 and intent to renegotiate the agreement in full by May 1, 2018. Since the Administration Committee meeting, Elisa Topper, Library Director, has joined the Library and has met with City staff for a general introduction. She has been briefed on this memo and recommended action. We expect to meet at a staff level to discuss the renegotiated intergovernmental agreement in the next week or so. The intergovernmental agreement between the City and the Library dictates which services the City provides to the Library, and was originally approved in 1997. The agreement automatically renews every year, unless the City gives 90 day notice of partial service or complete agreement termination, effective with the start of the City’s next fiscal year. Effectively, the City would have to notify the Library by the second City Council meeting in January 2018 of its intent to change or terminate the agreement. City staff has tallied up the value of the services provided to the Library under the intergovernmental agreement. That analysis is attached to this memo, and it shows that the Library receives just shy of $50,000 worth of services for free from the City staff. These services cover everything from payroll, human resources, accounting, record keeping, and interior and exterior maintenance of the Library. During and after the recession, the City stepped in to assist the Library with additional services above and beyond the intergovernmental agreement, without any financial reimbursement from the Library. Additional services provided include but are not limited to: 1) Administered a full building study of the Library. The estimated cost of this report was above $30,000 and the City has since notified the Library Board chairman that we would expect the Library to cover this cost at some point in the future (no deadline nor demand for payment). 2) Created and administered the exterior painting RFP through public opening 3) Monitored and advised the Library Board staff on various Open Meetings Act and record keeping issues Memorandum To: City Council From: Bart Olson, City Administrator CC: Date: October 5, 2017 Subject: Library Intergovernmental Agreement 4) Compiled, advised, and assisted with budget creation and monthly budget reports 5) Assisted with logistics for Library events during Hometown Days, including a 5k run and a book sale 6) Allowed a half page of advertising in the City catalog tri-annually for a few years 7) Coordinated advertising on the digital boards for library events and sales After the retirement of Michelle Pfister, City staff came up with a number of shared service proposals, which had been verbally presented to the Library Board chairman on the day of a Library Board meeting who in turn verbally presented those proposals to the Library Board that evening. The Mayor then verbally communicated those proposals to the City Council the following night. Subsequently, the proposals were put in writing and presented to the Library Board the following month. The shared service proposals included utilizing Parks and Recreation front desk and executive staff to substitute and/or supplement Library staff, to use Parks and Recreation staff to conduct in-Library programming, to expand advertising opportunities for Library programs, and to utilize unused Library space for Library and Parks and Recreation programming. The feedback from the Library Board was not positive and the mix of staff and residents in the crowd was relatively hostile, so we’ve held off on further discussions until the arrival of the incoming Library Director Elisa Topper. Ms. Topper is scheduled to join the Library in two weeks, and City staff is optimistic that a comprehensive shared services proposal will be more positively received by a professional staff member who understands the big picture budgetary pressures of all governmental organizations and the benefits of sharing resources. Recommendation Since the intergovernmental agreement is approaching its 20th anniversary, the agreement has not been amended in any form since 1997, the nature of services provided by the City has changed substantially over time, and the Library is hiring a new Library Director for the first time in during the term of the intergovernmental agreement, we recommend that the City notify the Library Board of its intent to terminate the existing agreement in full as of May 1, 2018. The intent of this action would be to renegotiate and approve a new agreement before May 1, 2018, to be effective after May 1, 2018. At this time, the City staff doesn’t have any recommendations that the existing services provided under the intergovernmental agreement should change, nor that the Library Board should have to pay for those same services in the future. We simply want to start the discussion of services provided by the City with a blank slate when the new Director starts later this month. 20%Time Spent (in hours per month)Hours Allocated to LibraryRatePositionAnnualized CostDescription10.0 2.0 31.2500$ Senior Accounting Clerk 1,625$ Bi-Weekly Payroll Run0.5 0.1 59.6740$ Finance Director 155 Bi-Weekly Payroll Run - Review1.0 0.2 31.2500$ Senior Accounting Clerk 75 Monthly Payroll Reporting (Unemployment)2.0 0.4 31.2500$ Senior Accounting Clerk 50 Quarterly Payroll Reporting (941, Unemployment, etc.)0.5 0.1 59.6740$ Finance Director 72 Monthly/Quarterly Payroll Reporting - Review8.0 8.0 31.2500$ Senior Accounting Clerk 3,000 HR Services (job postings, background checks, setting up new employees in HR & Payroll modules, benefit administration, etc.)Subtotal: 4,977$ Time Spent (in hours)Hours Allocated to LibraryRatePositionAnnualized CostDescription2.0 2.0 24.9512$ Accounting Clerk 599$ Revenue Journals/Library Bank Account Reconciliations & Budget Report Preparation0.5 0.5 59.6740$ Finance Director 358 Review Bank Account Reconciliations/Budget Report/Prepare Cash Sheet/Disseminate FinancialsSubtotal: 957$ Time Spent (in hours)Hours Allocated to LibraryRatePositionAnnualized CostDescription5.0 5.0 24.9512$ Accounting Clerk 1,497$ Entering Bills/Proofing Bill List/Printing Checks & Reports/Preparing Credit Card Run & Other Components for Bill Run0.5 0.5 59.6740$ Finance Director 358 Review AP Runs and Bill ListsSubtotal: 1,855$ 3.1 3.2 3.3.2 3.4 3.5 3.63.8 3.113.8Library Payroll & Human Resource ServicesEstimated Cost of Services Provided to the Library from the City Library Financial Reporting ServicesLibrary Accounts Payable Services Time Spent (in hours)Hours Allocated to LibraryRatePositionAnnualized CostDescription0.5 0.5 27.1238$ Utility Billing Clerk 2,116$ Preparing Library Bank Deposit - 3x a week3.80.5 0.5 59.6740$ Finance Director 60 Preparing & Disseminating Debt Service Wires3.8- - - n/a 24,044 Reimbursement from City for Liability and Unemployment Insurance3.2- - - n/a 3,400 Auditing Services3.91.0 1.0 37.0476$ Executive Assistant 445 Clerk's Office - agendas, packets & minutes - storage and dissemination65.0 65.0 20.0000$ Parks Employee 1,300 Mowing60.0 60.0 20.0000$ Parks Employee 1,200 Trimming, Pruning & Weeding10.0 10.0 20.0000$ Parks Employee 200 Edging & Spot Spraying24.0 24.0 20.0000$ Parks Employee 480 Mulching80.0 80.0 27.8704$ Streets Operator 2,230 Interior Light Maintenance1.0 1.0 27.8704$ Streets Operator 28 Library Sign Maintenance5.0 5.0 24.4790$ Parks Operator 122 Raising & Lowering Flag (i.e. half mast)- - - n/a 1,104 Parking Lot Maintenance - Sealcoat & Striping (done every 5 years)- - - n/a 1,800 Library Parking Lot Salting (approx 30 times per year)- - - n/a 3,000 Snow Plowing (approx 20 times per year)- - - n/a 346 Water Usage (actual usage of 7,786 cubic feet - last six bill runs)Subtotal: 41,874$ Grand Total: 49,663$ 3.11(a)Other Library Related Services Summary Review of a proposal to share front desk and management staff between Parks and Recreation and the Library. Background This item was last discussed, in brief, at the June Library Board meeting and the June 27th City Council meeting. During those meetings, staff from each entity discussed a meeting held in June between Mayor Golinski, Tim Evans, Russ Walter, and myself where a concept to delay the hiring of a Library Director and share a variety of services between the Library and Parks and Recreation was discussed at a high level. This proposal to consolidate service delivery and share resources with the Library has been generated out of the successful sharing initiatives put forth by Oswego, Montgomery, and Yorkville and a desire to save money for both entities. The five points of the proposal are as follows: 1) Hold off on the Library Director recruitment for the time being and leave the position blank, or hire someone from within and leave the promoted staff’s position vacant for the near future. a. Either decision would have a massive impact on the Library budget in the immediate future; likely eliminating the Library’s ongoing budget deficits and allowing the Library to have a surplus of funds which could fund additional or extended services. b. Special consideration to the legal responsibilities and requirements of the Director position would need to be researched by the City Attorney and the Library’s Attorney for either option. While we feel the Library has wide latitude to enter into intergovernmental agreements to share resources and service delivery (similar to the existing intergovernmental agreement whereby the City provides a variety of administrative support), there may be some formal restrictions on the Library Director title under the state statute. 2) Utilize the Parks and Recreation Director and other City staff to provide high level guidance and management to the Library Board and staff, offsetting any issues caused by leaving the Director position vacant or hiring from within. a. It is common throughout the country to have Library services as a function of a Parks and Recreation Department, usually titled as “Leisure Services”. While Tim Evans has no Library background, we think his general business, management, and budgeting skills would be a major asset to the Library. b. The legal structure for using Tim as a Library Director in-name-only or using him as a supervisor of the Library Director could be accomplished through an intergovernmental agreement. While the structure of responsibilities of the Library Board and Director are Memorandum To: Library Board From: Bart Olson, City Administrator CC: Date: July 6, 2017 Subject: Shared services proposal set by city code and statute, we feel that the ability of the Library Board to direct day-to- day decision making and management to someone who is a City staff member is allowable. 3) Move front desk recreation staff up to the Library to work the front desk during normal Library hours. a. This has the benefit of supplementing existing staff during normal business hours, which would allow the Library to offer more services during normal business hours and/or expand hours through rescheduling of front desk Library staff. Recreation staff could be cross trained on Library operations, and Library staff could be cross trained on Parks and Recreation operations. The end result could be that families could check out a few books, sign up for a few Library events, and register for a few Parks and Recreation classes all at the same time in the same location. The in-flux of Parks and Recreation patrons would result in an increase in Library foot traffic. 4) Have Parks and Recreation staff utilize all open areas of the old and new Library to schedule Library and Parks and Recreation classes, events, and seminars. a. This would take the programming and management of seminars and events off of the plates of existing Library staff, and could result in an increase in total Library programming. This would give the Parks and Recreation staff more facilities to work with and could result in an increase in Parks and Recreation programming. Both entities would likely benefit from increased revenues from enrollment in the classes. 5) Have the Parks and Recreation tri-annual catalog co-branded with the Library and include all Library programming and events. a. This would be an increase of the existing Library materials in the Parks and Recreation catalog. It would be an increase in exposure for the Library and would likely result in an enrollment increase for Library classes. While we recognize the legal questions left unresolved in items 1 and 2 above, we think the benefits of sharing resources in 3, 4, and 5 outweigh any concerns. Additionally, the potential savings from leaving a management position vacant in the Library can reverse the Library’s structural deficit. Recommendation This is an informational item. Staff would like feedback on the proposal. 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/320/City-Council 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 #2 Tracking Number Audit Presentation for the Fiscal Year Ended April 30, 2017 City Council – October 10, 2017 Presentation will be given at meeting. Rob Fredrickson Finance Name Department United City of YorkvilleUnited City of YorkvilleAudit OverviewCity CouncilOctober 10, 2017, Another award6th time Certificate of Achievement for Certificate of Achievement for Excellence in Financial Reporting Award by the Government Finance Officers Associationby the Government Finance Officers Associationof the US and Canada in FY 16 General FundFund Balance History7567Millions345M12-10FY06FY07FY08FY09FY10FY11FY12FY13FY14FY15FY16FY17FY06FY07FY08FY09FY10FY11FY12FY13FY14FY15FY16FY17 General Fund Budget Surplus/Deficit$4 $2 $3 $4 Millions$0 $1 $2 M($2)($1)($3)FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Revenue performanceRevenue Line-ItemBudgeted AmountActual AmountRevenue performancePage 74 of paper copy, page 111 of pdf copyRevenue Line-ItemBudgeted AmountActual AmountProperty Tax $3,044,616 $3,024,415SlT (l l)$2 800 920$2 940 976SalesTax (local)$2,800,920$2,940,976Sales Tax (non-home rule) $2,157,300 $2,259,787UtilityTax$890,000$952,591UtilityTax$890,000$952,591Income Tax $1,725,942 $1,602,410Use Tax $397,644 $417,212Hotel Tax $76,000 $72,407Video Gaming Tax $65,000 $100,457Excise (i.e. Telecom)Tax $398,000 $368,287Cable TV Franchise Tax $270,000 $294,275 Controlling costsPage 76 of paper copy, page 113 of pdf copy for general fundDttBd td EAt l Egpppy,pg ppygPage 84 (121 pdf) for Library, Page 87 (124 pdf) for Parks and Rec, Page 106 (149 pdf) for sewer, Page 107 (150 pdf) for waterDepartmentBudgeted ExpensesActual ExpensesAdministration $815,943 $793,730Finance $413,829 $399,439Police $5,289,785 $4,903,925Community Development $741,002 $734,317Public Works / Streets $853,944 $776,108Admin Services $2,955,417 $2,930,428LibraryOperations$763,648$748,026LibraryOperations$763,648$748,026Parks $900,182 $880,327Recreation $970,721 $962,173Sewer Operations $530,212 $528,291Water Operations $1,801,656 $1,778,968 General Fund PerformanceBudgeted Actual VarianceR14 513 82215 001 145487 323Revenues14,513,82215,001,145487,323Expenditures (12,363,595) (11,839,342) (524,253)NTf(2 628 459)(2 639 420)10 961NetTransfers(2,628,459)(2,639,420)10,961Surplus(Deficit) (478,232) 522,383 1,006,615 Engineering CostsFY 10 5 FTE in-house for $535 000FY 10, 5 FTE inhouse for $535,000FY 17, outsource for $439,970$267,325 of routine engineering$172 645 f bdi i i i ti$172,645 for subdivision inspectionsAdditional $96,246 in reimbursed dl kdevelopment work Additional $711 384 gross in project Additional $711,384 gross in project expenses ($629,007 net cost to City)These items would not likely have been handled by in-house employeesby inhouse employees Items of NoteFd bl t i d tFund balance categories and amountsPaper pages 7-8, pdf pages 39-40R t i t d t f $984k d t IMRF Restricted amount of $984k due to IMRF levy, will be zeroed out in 3-4 yearsPensionsP 5464 df 8898Paper page 54-64, pdf pages 88-98 Items of noteL t d bt Long term debt summary on paper pages 39-47 and pdf pages 73-81Debt se ice sched les on pape pages Debt service schedules on paper pages 110-125 and pdf pages 156-171Developer commitment narratives start on paper page 51 pdf page 85start on paper page 51, pdf page 85 Other items of noteStatistical SectionP 126 159 d df 173Pages 126 -159 and pdf pages 173-209Historical Trends covering:City financesRevenue & debt capacityDemographic & economic informationOperating information Other items of noteStatistical SectionPaper pages 153-154 pdf pages 203-204 Paper pages 153154, pdf pages 203204 employee counts75 full-time employees in 201696 full-time employees in 2008py73 full-time employees in 2005Paper pages 155-159, pdf pages 205-209 ape pages 5559, pd pages 0509miscellaneous service dataTraffic violationsPermits issuedStreets resurfaced, in milesStreet inventoryNew housing starts per year Management Letter gCurrent YearN dti No new recommendations Management Letter gCurrent Year, Recommendation #1 GASB St t t N 74 & 75GASB Statements No. 74 & 75Additional note disclosure and supplementary information for sponsored supplementary information for sponsored OPEB (other post-employment benefits) plans (i.e. retiree health insurance). Will p( )also be included on the financial statements.To be implemented for the FYE 2019 Management Letter gPrior year, Recommendation #1F d ith d fi it itFunds with deficit equityCountryside TIFRemains and management foresees over Remains and management foresees over time the TIF district will yield sufficient funds.Sunflower Special Service AreasDue to one-time expenditures and will be paid back with SSA property tax proceedspaid back with SSA property tax proceeds. Upcoming2017 T L di i2017 Tax Levy discussionTax levy estimate approvalOctober 18 Administration CommitteeOctober 18 Administration CommitteeOctober 24 City Council meetingPublic HearingPublic HearingNovember 14 City Council meetingDiscussion and potential votepNovember 28 or December 12 UpcomingFY 19 Budget rolloutFY 19 Budget rolloutOctober 14 goal setting sessionNov-Dec budget preparationJanuary 31, 2018 finalizedFebruary 13, 2018 City Council presentationFebruary 27, 2018 City Council presentationy, y pMarch 13, 2018 public hearingDiscussion and potential voteMarch 27 2018 City Council orMarch 27, 2018 City Council orApril 10, 2018 City Council orApril 24, 2018 City Council UNITED CITY OF YORKVILLE 800 Game Farm Road Yorkville, IL 60560 (630)553-4350 www.yorkville.il.us UNITED CITY OF YORKVILLE, ILLINOIS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED APRIL 30, 2017 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 - viii Certificate of Achievement for Excellence in Financial Reporting ........................................................... ix 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 Fiduciary Net Position ..............................................................................................17 Statement of Changes in Fiduciary Net Position ...........................................................................18 Notes to the Financial Statements ................................................................................................ 19 - 65 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE FINANCIAL SECTION – Continued REQUIRED SUPPLEMENTARY INFORMATION Schedule of Employer Contributions Illinois Municipal Retirement Fund ...............................................................................................66 Police Pension Fund .......................................................................................................................67 Schedule of Changes in the Employer’s Net Pension Liability Illinois Municipal Retirement Fund ...............................................................................................68 Police Pension Fund .......................................................................................................................69 Schedule of Investment Returns Police Pension Fund .......................................................................................................................70 Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual General Fund ..................................................................................................................................71 Library – Special Revenue Fund....................................................................................................72 Parks and Recreation – Special Revenue Fund ..............................................................................73 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Schedules of Revenues – Budget and Actual – General Fund..................................................... 74 - 75 Schedule of Expenditures – Budget and Actual – General Fund.........................................................76 Schedule of Detailed Expenditures – Budget and Actual – General Fund .................................. 77 - 82 Schedules of Revenues – Budget and Actual – Library – Special Revenue Fund ..............................83 Schedule of Expenditures – Budget and Actual – Library – Special Revenue Fund .................. 84 - 85 Schedules of Revenues – Budget and Actual – Parks and Recreation – Special Revenue Fund ........86 Schedules of Expenditures – Budget and Actual Parks and Recreation – Special Revenue Fund ...................................................................... 87 - 88 Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Citywide Capital – Capital Projects Fund ......................................................................................89 Schedule of Expenditures – Budget and Actual – Citywide Capital – Capital Projects Fund.............90 Combining Balance Sheet – Nonmajor Governmental ........................................................................91 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental .................................................................92 Combining Balance Sheet – Nonmajor Governmental – Special Revenue Funds ...................... 93 - 94 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental – Special Revenue Funds ............... 95 - 96 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE FINANCIAL SECTION – Continued COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES – Continued Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Fox Hill Special Service Area – Special Revenue Fund................................................................97 Sunflower Special Service Area – Special Revenue Fund ............................................................98 Motor Fuel Tax – Special Revenue Fund ......................................................................................99 Land Cash – Special Revenue Fund ............................................................................................100 Countryside TIF – Special Revenue Fund ...................................................................................101 Downtown TIF – Special Revenue Fund .....................................................................................102 Debt Service Fund........................................................................................................................103 Schedules of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual Vehicle and Equipment – Capital Projects Fund .........................................................................104 Schedule of Expenditures – Budget and Actual Vehicle and Equipment – Capital Projects Fund .........................................................................105 Schedule of Expenses and Changes in Net Position – Budget and Actual Sewer – Enterprise Fund ..............................................................................................................106 Water – Enterprise Fund ..............................................................................................................107 Combining Statement of Changes in Assets and Liabilities – Agency Funds ......................... 108 - 109 SUPPLEMENTAL SCHEDULES Long–Term Debt Requirements Betzwiser Development, LLC Adjustable Rate Note Payable of 2008 .............................................110 Kendall County River Road Bridge Loan Payable of 2013 ...............................................................111 IEPA (L17-115300) Loan Payable of 2000 .......................................................................................112 IEPA (L17-1156300) Loan Payable of 2007 .....................................................................................113 General Obligation Alternate Revenue Source Bonds of 2004B.......................................................114 General Obligation Library Bonds of 2006 .......................................................................................115 General Obligation Refunding Alternate Revenue Source Bonds of 2011 .......................................116 General Obligation Library Refunding Bonds of 2013 .....................................................................117 General Obligation Refunding Alternate Revenue Source Bonds of 2014 .......................................118 General Obligation Refunding Alternate Revenue Source Bonds of 2014A ....................................119 General Obligation Refunding Alternate Revenue Source Bonds of 2014B .....................................120 General Obligation Refunding Alternate Revenue Source Bonds of 2014C .....................................121 General Obligation Refunding Alternate Revenue Source Bonds of 2015A ....................................122 General Obligation Refunding Alternate Revenue Source Bonds of 2016 .......................................123 Illinois Rural Bond Bank Debt Certificate of 2003A ........................................................................124 Debt Certificates of 2003 ...................................................................................................................125 UNITED CITY OF YORKVILLE, ILLINOIS TABLE OF CONTENTS PAGE STATISTICAL SECTION (Unaudited) Net Position by Component – Last Ten Fiscal Years .................................................................... 126 - 127 Changes in Net Position – Last Ten Fiscal Years .......................................................................... 128 - 129 Fund Balances of Governmental Funds – Last Ten Fiscal Years .................................................. 130 - 131 Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years ............................... 132 - 133 Assessed Value and Actual Value of Taxable Property – Last Ten Fiscal Years ......................... 134 - 135 Principal Property Taxpayers – Current Tax Levy Year and Nine Tax Levy Years Ago .......................136 Direct and Overlapping Property Tax Rates – Last Ten Tax Levy Years ..................................... 137 - 138 Property Tax Levies and Collections – Last Ten Fiscal Years ................................................................139 Estimate of Taxable Sales by Category – Last Ten Calendar Years ............................................. 140 - 141 Direct and Overlapping Sales Tax Rates – Last Ten Fiscal Years ..........................................................142 Ratios of Outstanding Debt by Type – Last Ten Fiscal Years ...................................................... 143 - 144 Ratios of General Bonded Debt Outstanding – Last Ten Fiscal Years ....................................................145 Schedule of Direct and Overlapping Governmental Activities Debt .......................................................146 Schedule of Legal Debt Margin – Last Ten Fiscal Years .............................................................. 147 - 148 Pledged-Revenue Coverage Governmental Activities– Last Ten Fiscal Years ......................................149 Pledged-Revenue Coverage Business-Type Activities – Last Ten Fiscal Years .....................................150 Demographic and Economic Statistics – Last Ten Calendar Years .......................................................151 Principal Employers – Current Calendar Year and Nine Calendar Years Ago .......................................152 Full-Time and Part-Time Government Employees by Function Last Ten Fiscal Years............................................................................................................... 153 - 154 Operating Indicators by Function/Program – Last Ten Fiscal Years ............................................ 155 - 156 Capital Asset Statistics by Function/Program – Last Ten Fiscal Years ......................................... 157 - 158 New Permits and Construction Values – Last Ten Fiscal Years .............................................................159 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, 2017 i 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: Arden Joe Plocher, Alderman Ward 3: Joel Frieders, Alderman Ward 3: Chris Funkhouser, Alderman Ward 4: Seaver Tarulis, 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 & Recreation: Tim Evans Library Director: Michelle Pfister ii United City of Yorkville Organizational Chart iii United City of Yorkville 800 Game Farm Road Yorkville, Illinois 60560 Telephone: (630) 553-4350 www.yorkville.il.us September 7, 2017 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, 2017, 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. This report consists of management’s representations concerning the finances of the City. Consequently, 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; and 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, 2017, 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, 2017, 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 unit, the Yorkville Public Library (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. iv 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 6,600 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 87 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 Sanitary 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. v Local Economy Yorkville is home to several large and midsized manufacturers and retailers including the Wm. Wrigley Jr. Company, Boombah, Inc., Newlywed Foods, Jewel/Osco, Target, Kohl’s, Dick’s Sporting Goods and Menards. It is also home to Raging Waves, Illinois largest water park. The City’s administrative staff, in conjunction with its economic development consultant, continues to work on attracting and retaining commercial and industrial business to the City. Commercial development continued at a steady pace over the course of the current fiscal year, as several new businesses opened at various locations throughout the City. Plans were approved for a 59,791 square foot, fifty-five and older adult apartment complex called Anthony Place; this two-story complex will be comprised of 51 units and is located on the City’s northeast side. Also on the northeast side, plans were finalized for a 64,860 square foot, 73 unit assisted living care facility called Cedarhurst Living of Yorkville. The Yorkville Marketplace Development saw two new stores open in fiscal year 2017: a 3,500 square foot Sherwin- Williams Paint Store in July of 2016, followed by the opening of a 7,442 square foot O’Reily Auto Parts Store in October. On the City’s far northside, plans were approved for a 58,696 square foot sports dome, called Go-For-It-Sports. This proposed $4 million facility is expected to have 71 foot ceilings, which would facilitate a wide variety of sport activities, in addition to educational classes and social clubs. Furthermore, in December of 2016 a new Dunkin Donuts store opened in the Fountainview Development, located on the City’s southside. As fiscal year 2017 drew to a close, staff was working with developers on a planned $8.8 million hotel and convention center to be located within the Countryside TIF District, as part of the Kendall Crossing Development. This new four-story Holiday Inn Express hotel is expected to open in the fall of 2018, and will include over 90 rooms and a 12,000 square foot banquet facility. Despite the many budgetary challenges facing the State of Illinois, including looming debt and pension obligations, the City has seen multiple signs that the local economy is continuing to strengthen. The U.S. Census Bureau 5-year estimated values reported that the City had a median family income of $99,188. This compares to $91,612 for Kendall County and $71,546 for the State of Illinois. Yorkville’s average unemployment rate was 5.1% at the end of calendar year 2016, which was lower than both the County and State rates of 5.2% and 5.9%, respectively. In addition, the City’s sales tax base continues to grow, as municipal sales tax proceeds reached unprecedented levels in the current fiscal year. The local housing market continues to improve, as the number of foreclosures in the City held steady year- over-year at 66, which is a significant decrease from the post-recessionary high of 362 foreclosures in 2010. Building and development within the City continues to progress, as building permit issuances increased 28% over prior year amounts. The City’s BUILD (Buyers of Undeveloped Infill Lot Discount) program remained popular, posting a new high of 104 permits issued in fiscal year 2017. The BUILD program, which was implemented in January of 2012, is a comprehensive incentive and stimulus program aimed at newly constructed single-family detached homes. Major Initiatives In fiscal year 2017 the City continued to pursue several major initiatives, including:  Kennedy Road Bike Path – In 2011, the City was awarded a grant through the Illinois Transportation Enhancement 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 2017, the City completed the Phase II Portion of the project, consisting of final engineering and specifications. Phase III construction is expected to begin in the subsequent fiscal year. vi  Bond Rating Upgrades and Refunding – The City’s bond rating was upgraded by both Fitch Ratings and Standard & Poor’s in fiscal year 2017. In August 2016, Fitch Ratings upgraded the City’s bond rating one notch, from A+ to AA-. The following month Standard & Poor’s upgraded the City’s bond rating from AA- to AA. In addition, the City issued $5.8 million in bonds to refinance the 2007A bonds and the 2006A debt certificates in October of 2016. These refunded bonds are expected to yielded present value savings of approximately $527,000 (8.5%).  Countryside Project – This multi-year project will reconstruct roadway and water main within the Countryside subdivision on the City’s northeast side. Cumulative construction expenditures to date total $4.5 million, with roadway and water improvements financed by proceeds from the 2014A and 2015A bonds, respectively. At the culmination of the current fiscal year, all water main improvements were substantially complete. Remaining roadway improvements, consisting of a final asphalt lift and landscaping, will be completed in the subsequent fiscal year.  Property Acquisition – In February of 2017, the City acquired property in the amount of $160,877 at 609 North Bridge Street as a potential site for future expansion and renovation of the existing Public Works facility at 610 Tower Lane. Furthermore, in April the City entered into a contract for the purchase of the former Old Second Bank building located at 102 East Van Emmon Street, as a prospective site for City Hall. The purchase price of the building was $1.172 million and was partially funded by a bank loan. The closing occurred in May 2017 and the building will be used for recreation programming in the interim.  Road 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 continued its annual capital improvement program in the current fiscal year, commonly referred to as the “Road to Better Roads” program. Construction costs in fiscal year 2017 totaled approximately $1.5 million and consisted of pavement milling and overlays on several local streets, including Mill Street, which was partially funded by Local Agency Functional Overlay (LAFO) grant proceeds. In addition, the City continued with its lining program in order to mitigate inflow and infiltration into the sanitary sewer system; and water main improvements were completed on Church Street.  Building Conditions Survey – Late in Fiscal Year 2017, work began on a building condition survey of all City-owned structures and facilities. The purpose of this survey is to observe systems and components, identify physical deficiencies and formulate recommendations for improvements. Once the survey is complete, a “Capital Needs Analysis” will be compiled for each structure and its components, which will enhance the City’s ability to prioritize the maintenance and improvements of its buildings and structures. 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 ensure 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: vii  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.  A pension funding policy which defines the manner in which the City funds the long-term cost of benefits promised to plan participants and defines the calculation of the actuarial determined contribution (ADC) to the Yorkville Police Pension and Illinois Municipal Retirement Funds.  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 post issuance compliance policy to ensure that City remains in compliance with federal tax laws after the issuance of tax-exempt debt.  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. 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 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, which is financed on a pay-as-you-go basis, with retirees paying 100% of their health care premiums. ix 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  Supplemental Schedules INDEPENDENT AUDITORS’ REPORT This section includes the opinion of the City’s independent auditing firm. 668 N. RIVER ROAD. NAPERVILLE, IL60563Lauterbach & Amen, LLP CERTIFIED PUBLIC ACCOUNTANTS PHONE 630.393.1483 . FAX 630.393.2516 www.lauterbachamen.com INDEPENDENT REPORT September 7,2017 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, 2017, 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 intemal 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, 2017, 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. 1 2 United City of Yorkville, Illinois September 7, 2017 Page 2 Other Matters Required Supplementary Information 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’ basic financial statements. The introductory section, combining and individual fund financial statements and budgetary comparison 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 budgetary comparison 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 budgetary comparison 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 MANAGEMENT’S DISCUSSION AND ANALYSIS UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 1 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, 2017. 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 viii 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 $127,085,985 (net position). Of this amount, $127,491,736 was invested in capital assets, net of related debt; $2,634,940 was restricted for specific activities such as IMRF, special service areas, library operations, highways and streets, TIF districts and land cash. Remaining net position, totaling ($3,040,691), was unrestricted.  The City’s aggregate net position increased by $8,139,515 or 6.8% during the year ended April 30, 2017. Of this increase, $3,069,999 is attributable to governmental activities and $5,069,516 is attributable to business-type activities.  Total revenues increased by 8.1% from $29,885,447 to $32,304,181. Overall expenses totaled $24,164,666, which is an increase of 1.1% from the preceding fiscal year.  At the culmination of the current fiscal year, the City’s governmental funds repor ted combined fund balances of $9,438,174, compared to $10,476,722 reported on April 30, 2016.  For the fiscal year ended April 30, 2017, the City’s General Fund reported an increase in fund balance of $522,383. Total ending fund balance in the General Fund was a positive $6,214,089.  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 $27,396,647 and $29,251,757, 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. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 2 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 and 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 and sewer operations. 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 twelve 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 Citywide Capital Fund, all of which are considered to be major funds. Information from the City’s other eight 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 Citywide Capital 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. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 3 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 and sewer 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) and the Sewer Fund (major 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 65 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 66 through 73 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 74 through 109 of this report. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 4 GOVERNMENT-WIDE FINANCIAL ANALYSIS Statement of Net Position The following chart reflects the condensed Statement of Net Position (in millions): 2017 2016 2017 2016 2017 2016 Assets: Current Assets 16.8$ 17.6$ 4.6$ 7.4$ 21.4$ 25.0$ Capital Assets 87.8 84.2 67.0 61.6 154.8 145.7 Other Assets - - 11.1 11.1 11.1 11.1 Total Assets 104.7 101.7 82.6 80.1 187.3 181.8 Deferred Outflows 2.0 2.1 0.2 0.2 2.2 2.3 Total Assets/Deferred Outflows 106.7 103.8 82.9 80.3 189.6 184.1 Liabilities: Current Liabilities 3.7 3.4 3.0 3.3 6.7 6.8 Long-term Liabilities 26.9 27.9 23.2 25.3 50.1 53.3 Total Liabilities 30.6 31.4 26.2 28.7 56.8 60.0 Deferred Inflows 5.7 5.1 - - 5.7 5.1 Total Liabilities/Deferred Inflows 36.3 36.5 26.2 28.7 62.5 65.2 Net Position: Net Investment in Capital Assets 74.0 70.6 53.5 49.2 127.5 119.9 Restricted 2.6 3.1 - - 2.6 3.1 Unrestricted (6.2) (6.3) 3.2 2.3 (3.0) (4.0) Total Net Position 70.4$ 67.4$ 56.6$ 51.6$ 127.1$ 118.9$ Primary Government Total Governmental Activities Business-Type Activities The City’s combined net position increased by $8.1 million, from $118.9 to $127.1 million, during the current fiscal year. This change is the result of $3.0 million and $5.1 million increases in the net position of governmental activities and business-type activities, respectively. The increase in the net position of governmental activities in fiscal year 2017 was due to better than expected operating results and an increase in capital assets. Capital assets included developer donations, City constructed roadway improvements and unfinished infrastructure that was still being constructed at fiscal year-end. Restricted net position for governmental activities decreased by $0.1 million, as the City continues to draw down on accumulated property tax proceeds to fund the employer contributions to the Illinois Municipal Retirement Fund (IMRF). Current assets for governmental and business-type activities decreased by $0.8 million and $2.8 million, respectively, as the City continued to spend down bond proceeds in the current fiscal year. The enhanced net position of business-type activities was due mainly to a rise in capital assets, in the form of developer donations, associated with the Water and Sewer Funds. The largest portion of the United City of Yorkville’s net position, totaling $127,491,736, 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. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 5 The final component of the United City of Yorkville’s net position, or 2.2%, represents resources that are subject to external restrictions on how they may be used. Total restricted net position is comprised as follows: 37.4% is for future IMRF expenses; 19.1% is for library operations; 29.8% is for future road maintenance and improvement projects relating to the City’s motor fuel tax (MFT) program; 3.7% is restricted for Tax Increment Financing (TIF) projects; 0.6% is restricted for special service area use; and the remaining 9.5% is restricted for future land cash projects. As of April 30, 2017, the City was able to report positive balances in all three categories of net position for its business-type activities. Unrestricted net position for governmental activities finished the year at a negative $7,483,654, as the City is required to report its net pension liabilities on the face of the Statement of Net Position, pursuant to GASB Statement Number 68. Additional information on the Statement of Net Position may be found on pages 3 and 4 of this report. Activities The following table reflects the revenue and expenses of the City’s governmental and business-type activities (in millions). 2017 2016 2017 2016 2017 2016 Revenues Program Revenues: Charges for Services 3.7$ 3.5$ 5.5$ 5.0$ 9.3$ 8.5$ Operating Grants & Contributions 0.6 0.8 - - 0.6 0.8 Capital Grants & Contributions 3.8 3.3 3.3 2.0 7.1 5.3 General Revenues: Property Taxes 4.9 4.9 - - 4.9 4.9 Other Taxes 9.7 9.5 - - 9.7 9.5 Other Revenue 0.6 0.8 0.1 0.1 0.7 0.8 Total Revenues 23.4$ 22.8$ 8.9$ 7.1$ 32.3$ 29.9$ Expenses General Government 4.5 4.5 - - 4.5 4.5 Public Safety 6.1 6.1 - - 6.1 6.1 Community Development 0.7 0.6 - - 0.7 0.6 Public Works 4.5 4.0 - - 4.5 4.0 Library 0.9 0.9 - - 0.9 0.9 Parks & Recreation 2.0 2.2 - - 2.0 2.2 Interest Long-Term Debt 0.6 0.5 - - 0.6 0.5 Water - - 3.3 3.3 3.3 3.3 Sewer - - 1.7 1.8 1.7 1.8 Total Expenses 19.3$ 18.9$ 5.0$ 5.0$ 24.2$ 23.9$ Excess(Deficiency) before Transfers 4.2$ 3.9$ 3.9$ 2.1$ 8.1$ 6.0$ Transfers (1.1) (1.1) 1.1 1.1 - - Change in Net Position 3.0$ 2.8$ 5.1$ 3.2$ 8.1$ 6.0$ Net Position, Beginning 67.4$ 64.6$ 51.6$ 48.4$ 118.9$ 113.0$ Net Position, Ending 70.4$ 67.4$ 56.7$ 51.6$ 127.1$ 118.9$ Primary Government Total Governmental Activities Business-Type Activities Additional information on the Statement of Net Position may be found on pages 5 and 6 of this report. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 6 Governmental Activities Revenues Total governmental activities revenue for the current fiscal year was $23,415,139, compared to $22,771,604 in the previous fiscal year, an increase of 2.8%. Property taxes, one of the City’s largest revenue sources (20.9% of aggregate revenues), totaled $4.90 million in fiscal year 2017. Property taxes support various governmental activities, including a significant portion of the City’s annual contribution to the Yorkville Police Pension Fund. The City contributed $825,413 to the Police Pension Fund in the current fiscal year, fully funding its actuarially determined contribution amount. Total property tax revenues decreased by a nominal 0.5% in fiscal year 2017, as a direct result of the City lowering its debt service sub-levy by $118,039, a year-over-year reduction of 71%. Incremental property taxes generated by the Countryside TIF District continued to improve, increasing by $71,576 (49.8%) in comparison to the previous fiscal year, as a result of new construction being added to the tax rolls. The City received sales taxes in the amount of $5.2 million in fiscal year 2017, which is a 6.0% increase over the prior year. The “other taxes” classification includes a number of revenue sources, including income, excise, utility, business district, video gaming and state use taxes. The other tax classification decreased marginally by 0.4% in the current fiscal year, as income and excise tax receipts declined by 6.6% and 8.6%, respectively. However, this decline was partially offset by increases in other intergovernmental revenues, particularly utility, use and video game taxes. When taken in aggregate, these revenues posted year-over year gains of approximately 8.0%. Charges for services increased by 6.1% in fiscal year 2017, which is the result of several factors including: enhanced recreation program revenues; the annual contractual increase in garbage surcharge fees; and robust building permit revenues. The “other revenue” classification consisted of various reimbursements related to capital projects and contractual expenses. Other revenues were down 23.3% in the current fiscal year, as fewer capital projects were eligible for reimbursement from outside sources. Capital grant and contribution revenue increased approximately $0.5 million over fiscal year 2016 amounts, as the City received additional sources of grant funding for various roadway projects over the course of the current fiscal year. - 1,000 2,000 3,000 4,000 5,000 6,000 Charges for Service Operating Grants & Contributions Capital Grants & Contributions Property Taxes Sales Tax Other Taxes Other Revenues Governmental Activities - Revenues by Function (in thousands) FY 2017 FY 2016 UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 7 Expenses Total expenses amounted to $19,211,088 for governmental activities in fiscal year 2017. This reflects an increase of 1.9% from the prior year. The public safety function comprises the greatest proportion of governmental activities expenses, accounting for 31.5% of the total. Other primary functional areas include general government, public works and parks and recreation, which account for 23.3%, 23.2% and 10.4%, respectively, of total governmental activities expense. Public safety expenses totaled $7.3 million in the current fiscal year, which was a 20.8% increase over fiscal year 2016 amounts. Personnel and pension expenses continue to be the primary cost drivers for this function, accounting for over 80% of all public safety expenses. General government expense totals were similar to the prior year, coming in at approximately $4.5 million. Community development expenses increased 13.1%, due to enhanced spending for economic development activities. Public works expenses are up 12.5%, as a result of increased depreciation expense from developer donations. Parks & Recreation expenses declined by $221,577 in comparison to the previous fiscal year, due to the sale of land at Bristol Bay Park. The following pie chart shows the breakdown of governmental activities expenses by function. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 8 Business-Type Activities Business-type activities increased the City’s net position by $5,069,516. Approximately 60% of business-type activity revenue is generated from fees for services relating to the City’s water and sewer utilities. Charges for services totaled $5.5 million in fiscal year 2017, which represents an increase of $505,957 (10.1%) over prior year amounts. This rise in charge for service revenue was due primarily to a combination of increased water consumption and City Council’s planned decision to moderately increase water rates through the current fiscal year, in order to fund much needed capital improvements to the City’s underground utility system. Capital grants and contributions increased significantly, totaling $3.3 million in the current fiscal year, as the City accepted several water and sewer related infrastructure assets from developers. “Other revenues”, which are comprised of rental income, reimbursements, proceeds from capital asset sales and miscellaneous items, increased by $41,903; as this year’s totals included additional reimbursements from Kendall County totaling $25,550. Transfers in for business-type activities totaled $1.13 million, which were used to fund debt service payments for the 2011 refunding bond. 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 $9,438,174, a decrease of $1,038,548 over last year’s totals. The majority of fund balance for the governmental funds is identified between the restricted, assigned and unassigned categories. Restricted fund balance, which accounts for 27.9% of total fund balance, includes amounts restricted for IMRF, library operations, land cash, special service areas, TIF related projects and the City’s motor fuel tax program. The bulk of unassigned fund balance, which accounts for 48.4% of total governmental fund balance, is in the General Fund ($5.1 million). Remaining fund balance for the governmental funds is allocated as follows: $188,128 (2.0%) is nonspendable (i.e. prepaids); $421,586 (4.5%) is committed for parks and recreation activities; and $1,625,937 (17.2%) is assigned for various capital projects, vehicles and equipment. The Library Fund reported a positive fund balance of $508,961 at the end of fiscal year 2017, which represents a slight decrease in comparison to last year’s fund balance amount of $514,162. Property taxes used to finance library operations, which account for 93.1% of total library operational revenues, increased marginally by $2,941 (0.2%). This slight enhancement in property tax revenue was the result of overall equalized assessed valuation (EAV) increasing by 1.1%; thus allowing for the additional increment of property tax proceeds under the Library’s statutory tax cap of $0.15 per $100 of assessed valuation. In addition, library development fees posted a year-over-year gain of $17,550, which is 48.6% increase over the previous fiscal year. Aggregate operational expenditures increased by $56,510 (8.1%), as a result of increased spending in personnel, building maintenance and library materials. The Parks and Recreation Fund reported a deficit amount of $54,887 in the current fiscal year, due predominantly to vehicle and equipment chargebacks for the purchase of a new mower and panel van; thus decreasing fund balance from $500,762 to $445,875. Charges for service revenues posted year-over- year gains of 11.6%, as child development and athletics & fitness revenues increased by $24,584 and $15,193, respectively. Expenditures in the Parks and Recreation Fund increased by 3.8%; as the result of increased costs associated with recreational program expansion and the filling of two vacant positions in the Parks Department. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 9 The Citywide Capital Fund ended fiscal year 2017 with a deficit of $1,648,378, thus reducing fund balance from $3,003,908 to $1,355,530. This reduction in fund balance will continue into next fiscal year, as the City spends down bond proceeds as it incurs future expenditures for the Game Farm Road and Countryside (roadway portion) subdivision projects. As of April 30, 2017, unspent 2014A bond proceeds totaled $1.01 million. General Fund: The chart below compares the fiscal year 2017 final budget to the actual results of the City’s General Fund. Fiscal Year 2017 General Fund Budgetary Highlights Final Budget Actual Over(Under) Actual as % of Budget Revenues Taxes $ 10,384,836 $ 10,736,465 $ 351,629 103% Intergovernmental 2,313,586 2,235,395 (78,191) 97% Licenses, Permits & Fees 178,000 315,862 137,862 177% Charges for Services 1,423,175 1,465,678 42,503 103% Fines & Forfeitures 130,225 140,250 10,025 108% Interest 5,000 21,198 16,198 424% Miscellaneous 79,000 86,297 7,297 109% Total Revenues $ 14,513,822 $ 15,001,145 $ 487,323 103% Expenditures General Government $ 4,185,189 $ 4,123,597 $ (61,592) 99% Public Safety 5,289,785 4,903,925 (385,860) 93% Community Development 741,002 734,317 (6,685) 99% Public Works 2,147,619 2,077,503 (70,116) 97% Total Expenditures $ 12,363,595 $ 11,839,342 $ (524,253) 96% Excess of Revenues over Expenditures $ 2,150,227 $ 3,161,803 $ 1,011,576 147% Other Financing Sources(Uses) $ (2,628,459) (2,639,420) 10,961 100% Net Change in Fund Balance $ (478,232) $ 522,383 Fund Balance - Beginning of Year 5,691,706 Fund Balance - End of Year $ 6,214,089 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 amounts by $487,323, as tax, licenses & permits and charges for service revenues proved to be more robust than initially anticipated. Actual General Fund expenditures for the year were $524,253 lower than budgeted ($11,839,342 actual compared to $12,363,595 budgeted). Furthermore, management is pleased to report that all functional departments within the General Fund (excluding Health & Sanitation Department included in the Public Works function) were under their respective appropriated budgets for the fiscal year ended 2017. The Health & Sanitation Department minimally exceeded budgetary amounts by approximately $8,000; however, this was more than offset by additional garbage surcharge revenues, which resulted in a net operating surplus of $9,501. As shown in the table above, current year operating results generated a surplus amount of $522,383, which increased overall fund balance from $5,691,706 at the beginning of the year, to $6,214,089 at the end of fiscal year 2017. Ending fund balance for the General Fund was UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 10 allocated as follows: $150,464 is nonspendable (i.e. prepaids); $984,514 is restricted for expenditures relating to IMRF in future fiscal periods; and $5,079,111 is unassigned. At fiscal year end, unassigned fund balance as a percentage of total expenditures equated to 42.9%, which is the equivalent of approximately five to six 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 City’s proprietary funds at the end of the year totaled $56,648,404, allocated between the Water and Sewer Funds in the amounts of $27,396,647 and $29,251,757, respectively. Developer donations, totaling $3,257,187, accounted for the bulk of the increase. 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, 2017 totaled $154,846,230 (net of accumulated depreciation). Investments in capital assets include land, land improvements, construction in progress (CIP), infrastructure (roadway improvements, sanitary sewer lines, storm sewers and water lines), buildings, equipment and vehicles. The following table summarizes the changes in the City’s capital assets for governmental and business-type activities. Change in Capital Assets – Governmental Activities (in millions) Net Balance Additions/Balance May 1, 2016 (Deletions)April 30, 2017 Non-Depreciable Assets: Land and Construction in Progress 34.0$ 1.6$ 35.5$ Depreciable Capital Assets: Infrastructure 53.4 4.2 57.6 Buildings 14.6 0.1 14.7 Equipment 7.0 0.1 7.1 Vehicles 2.5 0.0 2.5 Accumulated Depreciation on Capital Assets (27.2) (2.3) (29.5) Total Capital Assets, Net 84.1$ 3.7$ 87.8$ Total net capital assets for the City’s governmental activities increased in fiscal year 2017 by $3,693,375, due primarily to street infrastructure improvements and developer donations. During the fiscal year depreciation expense totaling $2,415,730 was charged to the following functions: General Government ($63,370), Public Safety ($124,334), Public Works ($1,650,489), Library ($182,713) and Parks and Recreation ($394,824). UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 11 Change in Capital Assets – Business-Type Activities (in millions) Net Balance Additions/Balance May 1, 2016 Deletions April 30, 2017 Non-Depreciable Assets: Land and Construction in Progress 2.8$ 3.2$ 6.0$ Depreciable Capital Assets: Infrastructure 54.6 3.5 58.1 Equipment 18.9 (0.4) 18.5 Vehicles 0.4 0.1 0.4 Accumulated Depreciation on Capital Assets (15.1) (1.0) (16.1) Total Capital Assets, Net 61.6$ 5.4$ 67.0$ Net capital assets increased by $5,407,698 in the current fiscal year, as a result of increased developer donated infrastructure and other City projects currently in progress. Non-developer capital asset additions for the year totaled $483,589, which was comprised of City constructed water and sewer main improvements. During the fiscal year depreciation expense of $879,217 and $643,489 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 36. Debt Administration As of April 30, 2017, the United City of Yorkville had total debt outstanding of $39,573,184, comprised of general obligation and alternative revenue source bonds, debt certificates, developer commitments and loans payable. This amount is partially comprised of nine alternative revenue bonds which pledge income, sales, incremental property taxes, and water/sewer revenues. In addition, these bonds can be reverted to the property tax rolls should the alternative revenue source prove to be inadequate. Governmental Business-Type Activities Activities Total General Obligation & Alternative Revenue Source Bonds 14,038,543$ 20,111,457$ 34,150,000$ Debt Certificates - 1,230,000 1,230,000 Developer Commitments - 2,061,950 2,061,950 Loans Payable 822,372 1,308,862 2,131,234 14,860,915$ 24,712,269$ 39,573,184$ The City’s general obligation debt is rated AA by Standard & Poor’s Ratings Services and AA- by Fitch Ratings. 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 $39,367,310. The amount of debt applicable to that limit is $6,835,000. For more detailed information related to long-term debt, see Note 3 to the financial statements, beginning on page 39. UNITED CITY OF YORKVILLE, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS April 30, 2017 MD&A 12 ECONOMIC FACTORS AND NEXT YEAR’S BUDGET Fiscal year 2017 saw the General Fund exceed its pre-recessionary prominence, as overall fund balance exceeded $6.2 million, eclipsing its previous high point of $5.8 for the fiscal year ended 2006. The City’s sales tax base continues to remain strong, as both municipal and non-home rule sales tax proceeds exceeded prior year amounts by 5.9% and 6.3%, respectively. Other major revenues have proved resilient as well, as aggregate tax, permits and charges for service revenues surpassed budgetary and prior year amounts. Furthermore, after an 8.3% increase last year, property values (i.e. assessed valuation) in the City are currently estimated to increase and additional 8.5% in 2017; which is a positive indicator that the local housing market continues to strengthen. Thus, based on the overall operating results of fiscal year 2017, it would appear that the local economy continues to improve and that development in Yorkville continues to carry on in a positive manner, as the City remains committed to developing economic incentives and other measures to attract and retain businesses. As the City moved forward into the subsequent fiscal year, 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. After a 793-day impasse, in July of 2017 the State passed a budget that will result in a reduction of shared revenues to local municipalities across Illinois. The revenue reductions directly effecting Yorkville will be the 10% one -time reduction in income taxes over the State’s fiscal year 2018; and the 2% administration fee imposed on the City’s share of non -home rule sales taxes. Fortunately the City’s General Fund has adequate reserves to assuage this reduction in State shared revenue (currently estimated at $170,000 for fiscal year 2018) without impacting service levels. Looking ahead into fiscal year 2018, the General Fund is currently budgeted to spend down a percentage of its fund balance, although reserves are expected to remain well above minimum City Council prescribed thresholds. The upcoming fiscal year General Fund budget includes funding for several projects and initiatives including: facilitating a special census; a rental assistance program; facility management services; conducting a conditions survey of City-owned buildings and structures; and continued cost sharing initiatives with surrounding communities. The upcoming fiscal year will see the completion of the Countryside subdivision project, (including additional road resurfacing on Center and Countryside Parkways) with a total of $1.29 million budgeted out of the Water and Citywide Capital Funds. The City will also continue its “Road to Better Roads” program, with approximately $1.15 million budgeted for water, sanitary sewer, storm sewer and roadway improvements. Other capital projects planned for the new fiscal year include: construction of the Kennedy Road bike trail; the conclusion of the Wrigley EDP project; downtown streetscape improvements; Kennedy Road resurfacing; sanitary sewer lining; the commencement of the regional water study; Route 71 water main relocations; US Route 34 roadway improvements; and the rehabilitation of Well #9. 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. • Government-Wide Financial Statements • Fund Financial Statements Governmental Funds Proprietary Funds Fiduciary Funds BASIC FINANCIAL STATEMENTS The basic financial Statements include integrated sets of financial statements as required by the GASB.The sets of statements include: 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, 2017 Business- Type Activities Totals Current Assets Cash and Investments $8,625,800 3,467,903 12,093,703 Receivables - Net 7,486,557 1,035,476 8,522,033 Prepaids 188,128 47,639 235,767 Due from Other Governments 545,366 - 545,366 Total Current Assets 16,845,851 4,551,018 21,396,869 Noncurrent Assets Capital Assets Nondepreciable Capital Assets 35,526,544 6,008,934 41,535,478 Depreciable Capital Assets 81,830,283 77,077,552 158,907,835 Accumulated Depreciation (29,508,554)(16,088,529)(45,597,083) Total Capital Assets 87,848,273 66,997,957 154,846,230 Other Assets Assets Held for Others - 11,091,000 11,091,000 Total Noncurrent Assets 87,848,273 78,088,957 165,937,230 Total Assets 104,694,124 82,639,975 187,334,099 Deferred Items - IMRF 480,007 120,140 600,147 Deferred Items - Police Pension 1,342,218 - 1,342,218 Unamortized Loss on Refunding 213,247 116,739 329,986 Total Deferred Outflows of Resources 2,035,472 236,879 2,272,351 Total Assets and Deferred Outflows of Resources 106,729,596 82,876,854 189,606,450 Governmental Activities ASSETS DEFERRED OUTFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 3 Business- Type Activities Totals Current Liabilities Accounts Payable $1,191,451 147,553 1,339,004 Retainage Payable 76,053 126,567 202,620 Deposits Payable 502,241 5,000 507,241 Accrued Payroll 241,567 26,047 267,614 Accrued Interest Payable 181,404 338,766 520,170 Other Payables 211,839 41,681 253,520 Current Portion of Long-Term Debt 1,310,744 2,345,798 3,656,542 Total Current Liabilities 3,715,299 3,031,412 6,746,711 Noncurrent Liabilities Compensated Absences Payable 460,302 40,329 500,631 Net Pension Liability - IMRF 965,514 241,657 1,207,171 Net Pension Liability - Police Pension 11,584,140 - 11,584,140 Notes Payable 700,822 - 700,822 IEPA Loans Payable - 1,108,549 1,108,549 General Obligation Bonds Payable - Net 13,176,522 18,734,553 31,911,075 Debt Certificates Payable - 1,010,000 1,010,000 Other Liabilities 1,890 2,061,950 2,063,840 Total Noncurrent Liabilities 26,889,190 23,197,038 50,086,228 Total Liabilities 30,604,489 26,228,450 56,832,939 Property and State Taxes 5,184,526 - 5,184,526 Deferred Items - Police Pension 503,000 - 503,000 Total Deferred Inflows of Resources 5,687,526 - 5,687,526 Total Liabilities and Deferred Inflows of Resources 36,292,015 26,228,450 62,520,465 Net Investment in Capital Assets 74,001,408 53,490,328 127,491,736 Restricted IMRF 984,514 - 984,514 Library Operations 502,353 - 502,353 Motor Fuel Tax 786,075 - 786,075 Land Cash 250,318 - 250,318 Special Service Areas 14,742 - 14,742 Tax Increment Financing Districts 96,938 - 96,938 Unrestricted (6,198,767)3,158,076 (3,040,691) Total Net Position 70,437,581 56,648,404 127,085,985 LIABILITIES NET POSITION Governmental Activities DEFERRED INFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 4 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Activities For the Fiscal Year Ended April 30, 2017 Charges Operating Capital for Grants/Grants/ Services Contributions Contributions Governmental Activities General Government $4,467,831 3,222,388 - 534,353 Library 930,739 71,213 18,958 - Parks and Recreation 2,003,935 455,675 68,300 15,711 Public Safety 6,053,696 - - - Community Development 734,317 - - - Public Works 4,450,509 - 523,222 3,264,607 Interest on Long-Term Debt 570,061 - - - Total Governmental Activities 19,211,088 3,749,276 610,480 3,814,671 Business-Type Activities Sewer 1,701,742 1,390,806 - 1,563,653 Water 3,251,836 4,127,783 - 1,693,534 Total Business-Type Activities 4,953,578 5,518,589 - 3,257,187 24,164,666 9,267,865 610,480 7,071,858 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. 5 Business Governmental Type Activities Activities Totals (711,090)- (711,090) (840,568)- (840,568) (1,464,249)- (1,464,249) (6,053,696)- (6,053,696) (734,317)- (734,317) (662,680)- (662,680) (570,061)- (570,061) (11,036,661)- (11,036,661) - 1,252,717 1,252,717 - 2,569,481 2,569,481 - 3,822,198 3,822,198 (11,036,661)3,822,198 (7,214,463) 4,899,485 - 4,899,485 1,615,153 - 1,615,153 1,331,191 - 1,331,191 5,200,763 - 5,200,763 1,602,410 - 1,602,410 30,481 13,623 44,104 561,229 99,643 660,872 (1,134,052)1,134,052 - 14,106,660 1,247,318 15,353,978 3,069,999 5,069,516 8,139,515 67,367,582 51,578,888 118,946,470 70,437,581 56,648,404 127,085,985 Primary Government Net (Expenses)/Revenues The notes to the financial statements are an integral part of this statement. 6 UNITED CITY OF YORKVILLE, ILLINOIS Balance Sheet - Governmental Funds April 30, 2017 Cash and Investments $4,955,790 Receivables - Net of Allowances Property Taxes 3,101,322 Accounts 311,171 Other Taxes 2,499,801 Due from Other Governments 5,646 Due from Other Funds 510,484 Prepaids 150,464 Total Assets 11,534,678 Accounts Payable 860,716 Retainage Payable - Deposit Payable 494,852 Accrued Payroll 186,482 Due to Other Funds - Other Payables - Total Liabilities 1,542,050 Property and State Taxes 3,778,539 Total Liabilities and Deferred Inflows of Resources 5,320,589 Nonspendable 150,464 Restricted 984,514 Committed - Assigned - Unassigned 5,079,111 Total Fund Balances 6,214,089 Total Liabilities, Deferred Inflows of Resources and Fund Balances 11,534,678 FUND BALANCES LIABILITIES General ASSETS DEFERRED INFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statement. 7 Capital Projects Parks and Citywide Library Recreation Capital Nonmajor Totals 537,324 623,678 1,089,146 1,419,862 8,625,800 1,405,987 - - - 4,507,309 273 2,949 123,426 3,671 441,490 909 - - 37,048 2,537,758 - - 524,009 15,711 545,366 - - - - 510,484 6,608 24,289 - 6,767 188,128 1,951,101 650,916 1,736,581 1,483,059 17,356,335 15,330 68,121 203,854 43,430 1,191,451 - - 76,053 - 76,053 - 7,389 - - 502,241 17,692 37,393 - - 241,567 54 - - 510,430 510,484 3,077 92,138 101,144 15,480 211,839 36,153 205,041 381,051 569,340 2,733,635 1,405,987 - - - 5,184,526 1,442,140 205,041 381,051 569,340 7,918,161 6,608 24,289 - 6,767 188,128 502,353 - - 1,148,073 2,634,940 - 421,586 - - 421,586 - - 1,355,530 270,407 1,625,937 - - - (511,528)4,567,583 508,961 445,875 1,355,530 913,719 9,438,174 1,951,101 650,916 1,736,581 1,483,059 17,356,335 Special Revenue The notes to the financial statements are an integral part of this statement. 8 UNITED CITY OF YORKVILLE, ILLINOIS Reconciliation of Total Governmental Fund Balance to Net Position of Governmental Activities April 30, 2017 Total Governmental Fund Balances $9,438,174 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.87,848,273 Deferred outflows (inflows) of resources related to the pensions not reported in the funds. Deferred Items - IMRF 480,007 Deferred Items - Police Pension 839,218 Long-term liabilities are not due and payable in the current period and, therefore, are not reported in the funds. Accrued Interest Payable (181,404) Compensated Absences Payable (575,377) Net Pension Liability - IMRF (965,514) Net Pension Liability - Police Pension (11,584,140) Notes Payable (820,482) General Obligation Bonds Payable (14,252,531) Unamortized Loss on Refunding 213,247 Other Obligations Payable (1,890) Net Position of Governmental Activities 70,437,581 The notes to the financial statements are an integral part of this statement. 9 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds For the Fiscal Year Ended April 30, 2017 See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds For the Fiscal Year Ended April 30, 2017 Revenues Taxes $10,736,465 Intergovernmental 2,235,395 Licenses, Permits and Fees 315,862 Charges for Services 1,465,678 Fines and Forfeits 140,250 Grants and Donations - Interest 21,198 Miscellaneous 86,297 Total Revenues 15,001,145 Expenditures Current General Government 4,123,597 Library - Parks and Recreation - Public Safety 4,903,925 Community Development 734,317 Public Works 2,077,503 Capital Outlay - Debt Service Principal Retirement - Interest and Fiscal Charges - Total Expenditures 11,839,342 Excess (Deficiency) of Revenues Over (Under) Expenditures 3,161,803 Other Financing Sources (Uses) Disposal of Capital Assets - Transfers In 9,645 Transfers Out (2,649,065) (2,639,420) Net Change in Fund Balances 522,383 Fund Balances - Beginning 5,691,706 Fund Balances - Ending 6,214,089 General The notes to the financial statements are an integral part of this statement. 10 Capital Projects Parks and Citywide Library Recreation Capital Nonmajor Totals 1,372,091 - - 357,457 12,466,013 18,958 - 534,353 486,527 3,275,233 53,650 - 195,103 142,167 706,782 10,208 455,675 719,772 236,948 2,888,281 7,355 - - 6,608 154,213 - 20,547 - 47,753 68,300 1,608 328 3,705 3,642 30,481 9,370 192,425 199,851 73,286 561,229 1,473,240 668,975 1,652,784 1,354,388 20,150,532 - - 134,646 34,838 4,293,081 748,026 - - - 748,026 - 1,842,500 - 93,583 1,936,083 - - - 3,459 4,907,384 - - - - 734,317 - - - 267,375 2,344,878 - - 2,825,760 830,943 3,656,703 550,000 - 260,000 339,185 1,149,185 204,459 - 144,613 214,361 563,433 1,502,485 1,842,500 3,365,019 1,783,744 20,333,090 (29,245)(1,173,525)(1,712,235)(429,356)(182,558) - - 1,900 276,162 278,062 24,044 1,118,638 71,602 300,729 1,524,658 - - (9,645)- (2,658,710) 24,044 1,118,638 63,857 576,891 (855,990) (5,201)(54,887)(1,648,378)147,535 (1,038,548) 514,162 500,762 3,003,908 766,184 10,476,722 508,961 445,875 1,355,530 913,719 9,438,174 Special Revenue The notes to the financial statements are an integral part of this statement. 11 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, 2017 Net Change in Fund Balances - Total Governmental Funds $(1,038,548) 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 2,844,498 Capital Contributions 3,264,607 Depreciation Expense (2,415,730) Disposals - Cost (140,938) Disposals - Accumulated Depreciation 140,938 The net effect of deferred outflows (inflows) of resources related to the pensions not reported in the funds. Change in Deferred Items - IMRF (50,008) Change in Deferred Items - Police Pension (745,484) 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. Additions to Compensated Absences Payable (15,044) Additions to Net Pension Liability - IMRF (16,900) Deductions to Net Pension Liability - Police Pension 100,051 Retirement of Debt 1,149,185 Amortization of Loss on Refunding (49,074) Amortization of Premium 42,002 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.444 Changes in Net Position of Governmental Activities 3,069,999 The notes to the financial statements are an integral part of this statement. 12 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position - Proprietary Funds April 30, 2017 See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Statement of Net Position - Proprietary Funds April 30, 2017 Water Totals Current Assets Cash and Investments $1,207,239 2,260,664 3,467,903 Receivables - Net of Allowances Accounts 209,378 826,098 1,035,476 Prepaids 11,398 36,241 47,639 Total Current Assets 1,428,015 3,123,003 4,551,018 Noncurrent Assets Capital Assets Nondepreciable 363,598 5,645,336 6,008,934 Depreciable 32,872,852 44,204,700 77,077,552 Accumulated Depreciation (4,902,257)(11,186,272)(16,088,529) 28,334,193 38,663,764 66,997,957 Other Assets Assets Held for Others 11,091,000 - 11,091,000 Total Noncurrent Assets 39,425,193 38,663,764 78,088,957 Total Assets 40,853,208 41,786,767 82,639,975 Deferred Items - IMRF 42,331 77,809 120,140 Unamortized Loss on Refunding 20,006 96,733 116,739 62,337 174,542 236,879 Total Assets and Deferred Outflows of Resources 40,915,545 41,961,309 82,876,854 Business-Type Activities - Enterprise Sewer ASSETS DEFERRED OUTFLOWS OF RESOURCES The notes to the financial statements are an integral part of this statements. 13 Water Totals Current Liabilities Accounts Payable $35,478 112,075 147,553 Retainage Payable - 126,567 126,567 Deposits Payable 5,000 - 5,000 Accrued Payroll 9,509 16,538 26,047 Accrued Interest Payable 142,527 196,239 338,766 Other Payables - 41,681 41,681 Current Portion of Long-Term Debt 1,454,666 891,132 2,345,798 Total Current Liabilities 1,647,180 1,384,232 3,031,412 Noncurrent Liabilities Compensated Absences Payable 3,844 36,485 40,329 Net Pension Liability - IMRF 85,147 156,510 241,657 IEPA Loans Payable 156,451 952,098 1,108,549 General Obligation Bonds Payable - Net 8,020,000 10,714,553 18,734,553 Debt Certificates Payable 710,000 300,000 1,010,000 Other Liabilities 1,041,166 1,020,784 2,061,950 Total Noncurrent Liabilities 10,016,608 13,180,430 23,197,038 Total Liabilities 11,663,788 14,564,662 26,228,450 Net Investment in Capital Assets 26,376,796 27,113,532 53,490,328 Unrestricted 2,874,961 283,115 3,158,076 Total Net Position 29,251,757 27,396,647 56,648,404 NET POSITION LIABILITIES Sewer Business-Type Activities - Enterprise The notes to the financial statements are an integral part of this statements. 14 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Revenues, Expenses and Changes in Net Position - Proprietary Funds For the Fiscal Year Ended April 30, 2017 Water Totals Operating Revenues Charges for Services $1,236,405 3,128,029 4,364,434 Operating Expenses Operations 527,338 1,839,155 2,366,493 Depreciation and Amortization 648,159 822,010 1,470,169 Total Operating Expenses 1,175,497 2,661,165 3,836,662 Operating Income 60,908 466,864 527,772 Nonoperating Revenues (Expenses) Interest Income 3,897 9,726 13,623 Connection Fees 154,401 999,754 1,154,155 Other Income 9,627 90,016 99,643 Interest Expense (526,245)(590,671)(1,116,916) (358,320)508,825 150,505 Income (Loss) Before Contributions and Transfers (297,412)975,689 678,277 Capital Contributions 1,563,653 1,693,534 3,257,187 Transfers In 1,134,052 75,075 1,209,127 Transfers Out (75,075)- (75,075) 2,622,630 1,768,609 4,391,239 Change in Net Position 2,325,218 2,744,298 5,069,516 Net Position - Beginning 26,926,539 24,652,349 51,578,888 Net Position - Ending 29,251,757 27,396,647 56,648,404 Business-Type Activities - Enterprise Sewer The notes to the financial statements are an integral part of this statement. 15 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Cash Flows - Proprietary Funds For the Fiscal Year Ended April 30, 2017 Water Totals Cash Flows from Operating Activities Receipts from Customers and Users $1,401,739 4,059,656 5,461,395 Payments to Employees (207,881)(390,715)(598,596) Payments to Suppliers (359,805)(1,750,091)(2,109,896) 834,053 1,918,850 2,752,903 Cash Flows from Noncapital Financing Activities Transfers In 1,134,052 75,075 1,209,127 Transfers (Out)(75,075)- (75,075) 1,058,977 75,075 1,134,052 Cash Flows from Capital and Related Financing Activities Purchase of Capital Assets (227,030)(3,388,979)(3,616,009) Issuance of Capital Debt - 5,800,000 5,800,000 Debt Repayment (1,368,353)(6,557,206)(7,925,559) Interest Payments (526,245)(590,671)(1,116,916) (2,121,628)(4,736,856)(6,858,484) Cash Flows from Investing Activities Interest Received 3,897 9,726 13,623 Net Change in Cash and Cash Equivalents (224,701)(2,733,205)(2,957,906) Cash and Cash Equivalents - Beginning 1,431,940 4,993,869 6,425,809 Cash and Cash Equivalents - Ending 1,207,239 2,260,664 3,467,903 Reconciliation of Operating Income to Net Cash Provided (Used) by Operating Activities Operating Income (Loss)60,908 466,864 527,772 Adjustments to Reconcile Operating Income to Net Income to Net Cash Provided by (Used in) Operating Activities: Depreciation and Amortization Expense 648,159 822,010 1,470,169 Connection Fees/Other Income 164,028 1,089,770 1,253,798 (Increase) Decrease in Current Assets 1,306 (158,143)(156,837) Increase (Decrease) in Current Liabilities (40,348)(301,651)(341,999) Net Cash Provided by Operating Activities 834,053 1,918,850 2,752,903 Noncash Activity - Capital Contributions 1,563,653 1,693,534 3,257,187 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 Fiduciary Net Position April 30, 2017 Agency Cash and Cash Equivalents $538,571 638,135 Investments U.S. Government and Agency Securities 3,268,839 - Corporate Bonds 629,398 - Mutual Funds 917,884 - Common Stocks 2,584,856 - Receivables - Net of Allowances - 590,131 Accrued Interest 27,278 - Total Assets 7,966,826 1,228,266 Accounts Payable 1,648 - Other Liabilities - 1,228,266 Due to Other Funds - - Total Liabilities 1,648 1,228,266 Net Position Restricted for Pensions 7,965,178 - NET POSITION Trust Pension Police ASSETS LIABILITIES The notes to the financial statement are an integral part of this statement. 17 UNITED CITY OF YORKVILLE, ILLINOIS Statement of Changes in Fiduciary Net Position For the Fiscal Year Ended April 30, 2017 Additions Contributions - Employer $825,413 Contributions - Plan Members 234,058 Contributions - Other 32,388 Total Contributions 1,091,859 Investment Income Interest Earned 162,844 Net Change in Fair Value 334,659 497,503 Less Investment Expenses (24,083) Net Investment Income 473,420 Total Additions 1,565,279 Deductions Administration 11,774 Benefits and Refunds 469,494 Total Deductions 481,268 Change in Fiduciary Net Position 1,084,011 Net Position Restricted for Pensions Beginning 6,881,167 Ending 7,965,178 Police Trust Pension The notes to the financial statement are an integral part of this statement. 18 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 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 cont ribute 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, 2017 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 and water 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, 2017 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 th at 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 revenue sources for the Library Fund are property taxes. 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 revenue sources for the Parks and Recreation Fund are charges for services. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 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 two capital projects funds. The Citywide Capital Fund, a major fund, is used to account for financial resources accumulated for maintenance of public infrastructure and to fund new capital improvements that benefit the public. 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 two enterprise funds. The Sewer Fund, a major fund, is used to account for the operation and sewer infrastructure maintenance of the C ity-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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 23 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION – Continued Fund Financial Statements – Continued Fiduciary Funds – Continued 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. 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 24 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued MEASUREMENT FOCUS AND BASIS OF ACCOUNTING – Continued Measurement Focus – Continued 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. 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, ex penses, 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, charges for services, and fines and forfeits. 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 25 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued MEASUREMENT FOCUS AND BASIS OF ACCOUNTING – Continued Basis of Accounting – Continued 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. 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 generally reported at fair value. Short-term investments are reported at cost, which approximates fair value. For investments, the City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 26 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued 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. 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-Bristol 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, 2017, 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, 2017, the outstanding balance of the 2011 refunding bonds is $8,345,000. See Note 3 for more information on this long-term debt issue. Deferred Outflows/Inflows of Resources Deferred outflow/inflow of resources represents an acquisition of net position that applies to a future period and therefore will not be recognized as an outflow of resources (expense)/inflow of resources (revenue) until that future time. Capital Assets Capital assets purchased or acquired with an original cost of $5,000 to $75,000 (see chart on the following page) 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 27 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Capital Assets – Continued 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 Buildings 35,000 10 - 50 Years Equipment 5,000 5 - 75 Years Vehicles 5,000 5 - 15 Years Infrastructure - Street and Storm Sewer 50,000 10 - 75 Years Infrastructure - Water and Sewer 75,000 10 - 75 Years Capitalized Threshold 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. 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 applicabl e bond premium or discount. Bond issuance costs are reported as expenses at the time of issuance. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 28 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Long-Term Obligations – Continued 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. 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.” UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 29 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.  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. DEFICIT FUND BALANCE The following funds had deficit fund balance as of the date of this report: Fund Sunflower Special Service Area $15,774 Countryside TIF 495,754 Deficit UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 30 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). 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; credit unions, 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 Funds Market Fund (Formerly known as IPTIP, Illinois Public Treasurer’s Investment Pool), 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 and mutual funds, the mutual funds must meet specific restrictions, provided the investment in separate accounts and mutual funds does not exceed ten percent of the Pension Fund’s plan net position; and corporate bonds managed through an investment advisor, rated as investment grade by one of the two largest rating services at the time of purchase. Pension Funds with plan net position of $2.5 million or more may invest up to forty-five percent of plan net position in separate accounts of life insurance companies and mutual funds. Pension Funds with plan net position 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 net position in common and preferred stocks that meet specific restrictions. In addition, pension funds with plan net position of at least $10 million that have appointed an investment advisor, may invest up to fifty percent of its net position in common and preferred stocks and mutual funds that meet specific restrictions effective July 1, 2011 and up to fifty-five percent effective July 1, 2012. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 31 NOTE 3 – DETAIL NOTES ON ALL FUNDS DEPOSITS AND INVESTMENTS – Continued The Illinois Funds is an investment pool 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 operates in a manner consistent with Rule 2a7 of the Investment Company Act of 1940. Investments in Illinois Funds 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 $9,555,365 and the bank balances totaled $9,883,184. Additionally, the City has $2,538,338 invested in the Illinois Fund at year-end, which is measured at net asset value per share determined by the plan. 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 have an average maturity of less than one year. 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. 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 does not have any investments (other than investments issued or explicitly guaranteed by the U.S. government and investments in mutual funds, external investment pools, and other pooled investments) over 5 percent of the total cash and investment portfolio. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 32 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 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. Repurchas e 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 as set 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 Funds is not subject to custodial credit risk. 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 $538,571 and the bank balances totaled $538,571. Investments. At year-end, the Fund has the following investments and maturities: Police Pension Fund Less Than More Than Investment Type 1 1 to 5 6 to 10 10 U.S. Treasuries $2,608,493 120,507 1,737,009 750,977 - U.S. Agencies 660,346 210,527 421,320 3,572 24,927 Corporate Bonds 629,398 176,243 453,155 - - 3,898,237 507,277 2,611,484 754,549 24,927 Investment Maturities (in Years) Fair Value UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 33 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 Investments. At year-end, the Fund has the following recurring fair value measurements: Quoted Prices in Active Significant Markets for Other Significant Indentical Observable Unobservable Assets Inputs Inputs Investments by Fair Value Level (Level 1)(Level 2)(Level 3) Debt Securities U.S. Treasuries $2,608,493 2,608,493 - - U.S. Agencies 660,346 - 660,346 - Corporate Bonds 629,398 - 629,398 - Equity Securities Mutual Funds 917,884 917,884 - - Common Stock 2,584,856 2,584,856 - - Total Investments by Fair Value Level 7,400,977 6,111,233 1,289,744 - Fair Value Measurements Using April 30, 2017 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 AAA 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 34 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 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 Department of Insurance. 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 $917,884 invested in mutual funds and $2,584,856 invested in common stocks. At year- end, there are no investments (other than U.S. Government and U.S. Government - guaranteed obligations) in any one organization that represent 5 percent or more of net position available for retirement benefits. The Fund’s investment policy in accordance with Illinois Compiled Statutes (ILCS) establishes the following target allocation across asset classes: Long-Term Expected Real Asset Class Target Rate of Return Fixed Income 20% - 35%1.50% - 2.00% Equities 10% - 30%6.30% - 6.60% Real Estate 5%9.10% Cash and Cash Equivalents 0%0.0% Illinois Compiled Statutes (ILCS) limit the Fund’s investments in equities, mutual funds and variable annuities to 45%. Securities in any one company should not exceed 5% of the total fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 35 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 Concentration Risk – Continued. The long-term expected rate of return on the Fund’s investments was determined using an asset allocation study conducted by the Fund’s investment management consultant in May 2017 in which best-estimate ranges of expected future real rates of return (net of pension plan investment expense and inflation) were developed for each major asset class. These ranges were combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding the expected inflation. Best estimates or arithmetic real rates of return for each major asset class included in the Fund’s target asset allocation as of April 30, 2017 are listed in the table on previous page. Rate of Return For the year ended April 30, 2017, the annual money-weighted rate of return on pension plan investments, net of pension plan investment expense, was 6.54%. The money-weighted rate of return expresses investment performance, net of investment expense, adjusted for the changing amounts actually invested. PROPERTY TAXES Property taxes for 2016 attach as an enforceable lien on January 1, 2017, on pr operty 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 36 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued 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 45,393 - 30,311,572 Construction in Progress 3,693,366 2,955,111 1,433,505 5,214,972 33,959,545 3,000,504 1,433,505 35,526,544 Depreciable Capital Assets Buildings 14,573,556 115,483 - 14,689,039 Equipment 6,983,544 75,482 - 7,059,026 Vehicles 2,485,878 186,256 140,938 2,531,196 Infrastructure 53,386,137 4,164,885 - 57,551,022 77,429,115 4,542,106 140,938 81,830,283 Less Accumulated Depreciation Buildings 3,544,062 297,245 - 3,841,307 Equipment 4,916,436 428,036 - 5,344,472 Vehicles 1,997,413 149,177 140,938 2,005,652 Infrastructure 16,775,851 1,541,272 - 18,317,123 27,233,762 2,415,730 140,938 29,508,554 Total Net Depreciable Capital Assets 50,195,353 2,126,376 - 52,321,729 Total Net Capital Assets 84,154,898 5,126,880 1,433,505 87,848,273 Beginning Balances Depreciation expense was charged to governmental activities as follows: General Government $63,370 Library 182,713 Parks and Recreation 394,824 Public Safety 124,334 Public Works 1,650,489 2,415,730 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 37 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued CAPITAL ASSETS – Continued 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 2,193,471 3,238,934 38,847 5,393,558 2,808,847 3,238,934 38,847 6,008,934 Depreciable Capital Assets Equipment 18,898,799 124,481 500,000 18,523,280 Vehicles 379,986 65,710 - 445,696 Infrastructure 54,568,450 3,540,126 - 58,108,576 73,847,235 3,730,317 500,000 77,077,552 Less Accumulated Depreciation Equipment 6,518,221 425,873 500,000 6,444,094 Vehicles 81,426 60,855 - 142,281 Infrastructure 8,466,176 1,035,978 - 9,502,154 15,065,823 1,522,706 500,000 16,088,529 Total Net Depreciable Capital Assets 58,781,412 2,207,611 - 60,989,023 Total Net Capital Assets 61,590,259 5,446,545 38,847 66,997,957 Beginning Balances Depreciation expense was charged to business-type activities as follows: Sewer $643,489 Water 879,217 1,522,706 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 38 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 Library $54 General Nonmajor Governmental 510,430 510,484 The purposes of the significant interfund receivables/payables are as follows:  $494,993 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 Citywide Capital $9,645 Library General 24,044 Parks and Recreation General 1,118,638 Citywide Capital General 71,602 Nonmajor Governmental General 300,729 Sewer General 1,134,052 Water Sewer 75,075 2,733,785 The purpose of significant interfund transfers are as follows:  $1,118,638 to the Parks and Recreation Fund to subsidize operations.  $1,134,052 to the Sewer Fund to fund debt service payments on the 2011 Refunding Bonds sourced from Non-Home Rule Sales Taxes. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 39 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT Other Obligations Other Obligations currently outstanding are as follows: 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. Balances 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 Vehicle & Equipment $703,536 - 42,728 660,808 Citywide Capital 234,674 - 75,000 159,674 938,210 - 117,728 820,482 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. Beginning Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 40 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued 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 $355,756 - 98,353 257,403 Water 1,148,382 - 96,923 1,051,459 1,504,138 - 195,276 1,308,862 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. 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 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 di rect obligations and pledge the full faith and credit of the City. General obligation bonds currently outstanding are as follows: UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 41 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 Sewer $1,300,000 - 410,000 890,000 Library 625,000 - 50,000 575,000 2,880,000 * Water 2,895,000 - 15,000 - Sewer 9,090,000 - 745,000 8,345,000 Library $5,530,000 - 500,000 5,030,000 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. 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 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. 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. 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 *Refunded UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 42 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 TIF 1,235,000 - - 1,235,000 Citywide Capital 4,160,000 - 185,000 3,975,000 Debt Service 2,045,000 - 270,000 1,775,000 Water 1,170,000 - 120,000 1,050,000 Countryside TIF $1,475,000 - 26,457 1,448,543 Water 4,100,000 - 73,543 4,026,457 General Obligation Alternate Revenue Source Bonds of 2015A, due in annual installments of $100,000 to $475,000 plus interest at 4.00% through December 1, 2034. General Obligation Refunding Alternate Revenue Source Bonds of 2014C,due in annual installments of $120,000 to $140,000 plus interest at 2.00%to 3.00%through December 30, 2024. 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 Alternate Revenue Source Bonds of 2014A, due in annual installments of $135,000 to $300,000 plus interest at 3.00%to 4.00%through December 1, 2033. General Obligation Refunding Alternate Revenue Source Bonds of 2014B,due in annual installments of $255,000 to $320,000 plus interest at 2.00%to 3.00%through December 30, 2022. Beginning Balances UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 43 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 - 5,800,000 - 5,800,000 33,625,000 5,800,000 5,275,000 34,150,000 Governmental 15,070,000 - 1,031,457 14,038,543 Business-Type 18,555,000 5,800,000 4,243,543 20,111,457 33,625,000 5,800,000 5,275,000 34,150,000 General Obligation Alternate Revenue Source Bonds of 2016,due in annual installments of $430,000 to $1,475,000 plus interest at 4.00%to 4.25% through December 30, 2022. Beginning Balances 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 $945,000 - 115,000 830,000 Water 500,000 - 100,000 400,000 3,315,000 * Water 3,775,000 - 460,000 - 5,220,000 - 3,990,000 1,230,000 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 2003A,due in annual installments of $80,000 to $155,000 plus interest at 1.60%to 5.20% through February 1, 2023. 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. Beginning Balances *Refunded UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 44 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued 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 $560,333 30,088 15,044 575,377 115,075 Net Pension Liability IMRF 948,614 16,900 - 965,514 - Police Pension 11,684,191 - 100,051 11,584,140 - Notes Payable 938,210 - 117,728 820,482 119,660 General Obligation Bonds 15,070,000 - 1,031,457 14,038,543 1,076,009 Plus: Unamortized Premium 255,990 - 42,002 213,988 - Other Obligations 1,890 - - 1,890 - 29,459,228 46,988 1,306,282 28,199,934 1,310,744 Business-Type Activities Compensated Absences $92,106 5,284 10,567 86,823 46,494 Net Pension Liability - IMRF 253,395 - 11,738 241,657 - IEPA Loans Payable 1,504,138 - 195,276 1,308,862 200,313 General Obligation Bonds 18,555,000 5,800,000 4,243,543 20,111,457 1,878,991 Plus: Unamortized Premium 192,155 449,023 139,091 502,087 - Debt Certificates 5,220,000 - 3,990,000 1,230,000 220,000 Developer Agreements 2,000,619 95,204 33,873 2,061,950 - 27,817,413 6,349,511 8,624,088 25,542,836 2,345,798 Beginning Type of Debt Balances For the governmental activities, the compensated absences and the net pension liabilities are generally liquidated by the General Fund. The Citywide Capital and the Vehicle and Equipment Funds make payment on the notes payable. General obligation bonds are being liquidated by the Library, Countryside TIF, Citywide Capital and Debt Service Funds. For the business-type activities, the Sewer and Water Funds liquidate compensated absences and the net pension liability. 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, 2017 45 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 $119,660 28,374 1,076,009 482,394 131,353 26,355 1,132,336 456,260 48,790 24,245 1,224,517 428,078 50,995 22,039 1,287,163 392,324 53,301 19,733 1,342,455 351,324 55,711 17,324 1,396,424 308,612 58,229 14,805 1,131,716 257,493 60,862 12,172 1,175,685 213,574 63,614 9,421 511,889 167,947 66,490 6,545 523,212 149,721 69,496 3,539 550,858 130,806 41,981 622 568,504 108,650 - - 601,150 85,527 - - 343,796 60,671 - - 351,442 46,919 - - 364,088 32,861 - - 376,734 18,297 80,565 3,228 Total 820,482 185,174 14,038,543 3,694,686 2018 2019 2020 2021 2035 2022 2023 2024 2025 2026 2029 2028 2030 2027 2031 2032 2033 2034 Year General Obligation Bonds Principal Notes Payable Principal Governmental Activities Fiscal UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 46 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Debt Service Requirements to Maturity – Continued Interest Interest Interest $200,313 31,767 1,878,991 831,198 220,000 59,592 205,479 26,601 1,982,664 719,075 430,000 49,282 157,255 21,300 2,730,483 640,101 135,000 29,668 107,049 17,981 2,787,837 531,015 140,000 22,850 109,742 15,288 2,407,545 418,324 150,000 15,710 112,503 12,527 2,333,576 331,196 155,000 8,060 115,333 9,697 1,478,284 245,665 - - 118,235 6,795 1,529,315 185,134 - - 121,209 3,821 1,258,111 122,385 - - 61,744 772 161,788 68,981 - - - - 169,142 62,509 - - - - 176,496 55,743 - - - - 183,850 48,683 - - - - 191,204 41,329 - - - - 198,558 33,681 - - - - 205,912 25,739 - - - - 213,266 17,503 - - - - 224,435 8,972 - - Total 1,308,862 146,549 20,111,457 4,387,233 1,230,000 185,162 2033 2034 2035 2028 2029 2030 2031 2032 2027 2021 2022 2023 2024 2025 2026 2018 2019 2020 Year Principal Principal Principal 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 $71,008,000, Kendall Marketplace business district bonds totaled $6,665,000 and Kendall Marketplace sales tax bonds totaled $5,645,000. 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, 2017 47 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 - 2016 $456,432,578 Legal Debt Limit - 8.625% of Assessed Value 39,367,310 Amount of Debt Applicable to Limit General Obligation Bonds 6,835,000 Legal Debt Margin 32,532,310 Defeased Debt On October 27, 2016, the City issued $5,800,000 par value General Obligation Refunding (Alternative Revenue Source) Bonds, Series of 2016 to refund $2,880,000 of General Obligation Refunding Alternate Revenue Source Bonds of 2007A and $3,315,000 of the Refunding Debt Certificates of 2006A. 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 reduced its total debt service by $564,033 and obtained an economic gain of $526,971. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 48 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, 2017: Governmental Activities Capital Assets - Net of Accumulated Depreciation $87,848,273 Plus: Unspent Bond Proceeds 1,012,901 Less Capital Related Debt: Notes Payable of 2008 (660,808) Loan Payable of 2013 (159,674) General Obligation Library Bonds of 2006 (575,000) General Obligation Library Refunding Bonds of 2013 (5,030,000) General Obligation Refunding Alternate Revenue Source Bonds of 2014 (1,235,000) General Obligation Refunding Alternate Revenue Source Bonds of 2014A (3,975,000) General Obligation Refunding Alternate Revenue Source Bonds of 2014B (1,775,000) General Obligation Alternate Revenue Source Bonds of 2015A (1,448,543) Loss on Refunding 213,247 Premium on Debt Issuance (213,988) Net Investment in Capital Assets 74,001,408 Business-Type Activities Capital Assets - Net of Accumulated Depreciation 66,997,957 Plus: Unspent Bond Proceeds 1,183,038 Less Capital Related Debt: IEPA (L17-115300) Loan Payable of 2000 (257,403) IEPA (L17-1156300) Loan Payable of 2007 (1,051,459) General Obligation Alternate Revenue Source Bonds of 2004B (890,000) General Obligation Refunding Alternate Revenue Source Bonds of 2014C (1,050,000) General Obligation Alternate Revenue Source Bonds of 2015A (4,026,457) General Obligation Alternate Revenue Source Bonds of 2016 (5,800,000) Illinois Rural Bond Bank Debt Certificates of 2003 (830,000) Debt Certificates of 2003 (400,000) Loss on Refunding 116,739 Premium on Debt Issuance (502,087) Net Investment in Capital Assets 53,490,328 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 49 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: Capital Projects Parks and Citywide Library Recreation Capital Nonmajor Totals Fund Balances Nonspendable Prepaids $150,464 6,608 24,289 - 6,767 188,128 Restricted IMRF 984,514 - - - - 984,514 Library Operations - 502,353 - - - 502,353 Motor Fuel Tax - - - - 786,075 786,075 Land Cash - - - - 250,318 250,318 Special Service Areas - - - - 14,742 14,742 Tax Increment Financing Districts - - - - 96,938 96,938 984,514 502,353 - - 1,148,073 2,634,940 Committed Parks and Recreation Programs and Facility Improvements - - 421,586 - - 421,586 Assigned Capital Projects - - - 1,355,530 270,407 1,625,937 Unassigned 5,079,111 - - - (511,528)4,567,583 Total Fund Balances 6,214,089 508,961 445,875 1,355,530 913,719 9,438,174 General Special Revenue Assigned Fund Balance. The City reports assigned fund balance in the Citywide Capital (major), and the Vehicle and Equipment (nonmajor) Funds. The Budget Officer, under authority granted in the City’s fund balance policy, has assigned these two funds to future police, public works, parks and recreation improvement projects, 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, 2017 50 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 park and 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 51 NOTE 4 – OTHER INFORMATION – Continued CONTINGENT LIABILITIES – Continued 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. COMMITMENTS Agreements with Developers – Governmental Activities Under a Development/Economic Initiative Agreement entered into in March of 2001, 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, 2017, the City has reimbursed $2,404,325, including $181,110 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. Through April 30, 2017, the City has reimbursed $2,402,874, including $211,105 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 and accrued interest at 5% are to be reimbursed from 50% of the sales tax generated in the development, limited to a period of fifteen years. Through April 30, 2017, the City has reimbursed $231,031, including $25,291 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, 2017, the City has reimbursed $656,388, including $122,007 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. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 52 NOTE 4 – OTHER INFORMATION – Continued COMMITMENTS – Continued Agreements with Developers – Governmental Activities – Continued 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, 2017, the City has reimbursed $23,404, including $0 in the current year. All payments have been recorded as an expenditure of the General Fund. 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 $445,013 for sales taxes and $359,093 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, 2017, the City is holding $12,507 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. Through April 30, 2017, the City has reimbursed $43,411, including $10,241 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, 2017, the City has reimbursed $64,291 in incremental property taxes and $43,520 in business district taxes. Incremental property tax payments have been recorded as an expenditure of the Downtown TIF Fund and the Business District Tax Rebates have been recorded as an expenditure of the General Fund. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 53 NOTE 4 – OTHER INFORMATION – Continued COMMITMENTS – Continued Agreements with Developers – Governmental Activities – Continued 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, 2017, the City has reimbursed $18,022, including $4,566 in the current year. All payments have been recorded as an expenditure of the General Fund. 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, 2017, the City has reimbursed $192,884 in amusement taxes and $34,599 in business district taxes. Amusement tax rebate expenditures have been recorded in the General Fund of $61,613 and Business District rebate expenditures have been recorded in the General Fund of $12,072. Agreements with Developers – Business-Type Activities 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 $1,061,993 has been paid through April 30, 2017. The remaining balance, $98,903, 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 were $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 $1,155,201. The amount recorded as a liability, including interest, as of April 30, 2017 is $1,963,048. 52% of this amount is recorded in the Water Fund. The remaining 48% of this amount is recorded in the Sewer Fund. Hotel/Motel Tax Rebates All hotels and motels located within the City limits are required to pay a tax of 3% based on the gross rental receipts from the renting, leasing or letting of a hotel or motel room. Proceeds from the hotel/motel tax are remitted to the Aurora Area Convention & Visitors Bureau (AACVB) for the purposes of promoting tourism and conventions within Yorkville, pursuant to State Statute. The City has recorded $65,167 in rebates in the General Fund for April 30, 2017. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 54 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 (ILCS) and can only be amended by the Illinois General Assembly. Illinois Municipal Retirement (IMRF) Plan Descriptions Plan Administration. 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. The plan is accounted for on the economic resources measurement focus and the accrual basis of accounting. Employer and employee contributions are recognized when earned in the year that the contributions are required, benefits and refunds are recognized as an expense and liability when due and payable. Benefits Provided. IMRF has three benefit plans. The vast majority of IMRF members participate in the Regular Plan (RP). The Sheriff’s Law Enforcement Personnel (SLEP) plan is for sheriffs, deputy sheriffs, and selected police chiefs. Counties could adopt the Elected County Official (ECO) plan for officials elected prior to August 8, 2011 (the ECO plan was closed to new participants after that date). IMRF provides two tiers of pension benefits. Employees hired before January 1, 2011, are eligible for Tier 1 benefits. Tier 1 employees are vested for pension benefits when they have at least eight years of qualifying service credit. Tier 1 employees who retire at age 55 (at reduced benefits) or after age 60 (at full benefits) with eight years of service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1-2/3% of the final rate of earnings for the first 15 years of service credit, plus 2% for each year of service credit after 15 years to a maximum of 75% of their final rate of earnings. Final rate of earnings is the highest total earnings during any consecutive 48 months within the last 10 years of service, divided by 48. Under Tier 1, the pension is increased by 3% of the original amount on January 1 every year after retirement. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 55 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Illinois Municipal Retirement (IMRF) – Continued Plan Descriptions – Continued Benefits Provided – Continued. Employees hired on or after January 1, 2011, are eligible for Tier 2 benefits. For Tier 2 employees, pension benefits vest after ten years of service. Participating employees who retire at age 62 (at reduced benefits) or after age 67 (at full benefits) with ten years of service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1-2/3% of the final rate of earnings for the first 15 years of service credit, plus 2% for each year of service credit after 15 years to a maximum of 75% of their final rate of earnings. Final rate of earnings is the highest total earnings during any 96 consecutive months within the last 10 years of service, divided by 96. Under Tier 2, the pension is increased on January 1 every year after retirement, upon reaching age 67, by the lesser of:  3% of the original pension amount, or  1/2 of the increase in the Consumer Price Index of the original pension amount. Plan Membership. As of December 31, 2016, the measurement date, the following employees were covered by the benefit terms: Inactive Plan Members Currently Receiving Benefits 36 Inactive Plan Members Entitled to but not yet Receiving Benefits 55 Active Plan Members 47 Total 138 Contributions. As set by statute, the City’s Regular Plan Members are required to contribute 4.5% of their annual covered salary. The statute requires employers to contribute the amount necessary, in addition to member contributions, to finance the retirement coverage of its own employees. The City’s annual contribution rate for calendar year 2016 was 10.63% of covered payroll . Net Pension Liability. The City’s net pension liability was measured as of December 31, 2016. The total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 56 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Illinois Municipal Retirement (IMRF) – Continued Plan Descriptions – Continued Actuarial Assumptions. The total pension liability was determined by an actuarial valuation performed, as of December 31, 2016, using the following actuarial methods and assumptions: Actuarial Cost Method Entry Age Normal Asset Valuation Method Market Actuarial Assumptions Interest Rate 7.50% Salary Increases 3.75% to 14.50% Cost of Living Adjustments 2.75% Inflation 2.75% For nondisabled retirees, an IMRF specific mortality table was used with fully generational projection scale MP-2014 (base year 2012). IMRF specific rates were developed from the RP-2014 Blue Collar Health Annuitant Mortality Table with adjustments to match current IMRF experience. For disabled retirees, an IMRF specific mortality tables was used with fully generational projection scale MP-2014 (base year 2012). IMRF specific rates were developed from the RP-2014 Disabled Retirees Mortality Table applying the same adjustment that were applied for nondisabled lives. For active members, an IMRF specific mortality table was used with fully generational projection scale MP-2014 (base year 2012). IMRF specific rates were developed from the RP-2014 Employee Mortality Table with adjustments to match current IMRF experience. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 57 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Illinois Municipal Retirement (IMRF) – Continued Discount Rate The discount rate used to measure the total pension liability was 7.50%, the same as the prior valuation. The projection of cash flows used to determine the discount rate assumed that member contributions will be made at the current contribution rate and that City contributions will be made at rates equal to the difference between the actuarially determined contribution rates and the member rate. Based on those assumptions, the Fund’s fiduciary net position was projected to be available to make all project future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all period of projected benefit payments to determine the total pension liability. Discount Rate Sensitivity The following presents the plan’s net pension liability, calculated using a Single Discount Rate of 7.50%, as well as what the plan’s net pension liability would be if it were calculated using a Single Discount Rate that is one percentage point lower or one percentage point higher: Current Discount Rate 1% Increase (7.50%)(8.50%) Net Pension Liability $3,219,184 1,207,171 (388,544) 1% Decrease (6.50%) UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 58 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Illinois Municipal Retirement (IMRF) – Continued Changes in the Net Pension Liability Plan Fiduciary Net Pension Net Position Liability (B) (A) - (B) Balances at December 31, 2015 $11,003,682 9,801,673 1,202,009 Changes for the Year: Service Cost 317,347 - 317,347 Interest on the Total Pension Liability 825,222 - 825,222 Difference Between Expected and Actual Experience of the Total Pension Liability 27,153 - 27,153 Changes of Assumptions - - - Contributions - Employer - 308,134 (308,134) Contributions - Employees - 132,252 (132,252) Net Investment Income - 684,949 (684,949) Benefit Payments, including Refunds of Employee Contributions (318,792)(318,792)- Other (Net Transfer)- 39,225 (39,225) Net Changes 850,930 845,768 5,162 Balances at December 31, 2016 11,854,612 10,647,441 1,207,171 Total (A) Pension Liability Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources Related to Pensions For the year ended April 30, 2017, the City recognized pension expense of $394,596. At April 30, 2017, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 59 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Illinois Municipal Retirement (IMRF) – Continued Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources Related to Pensions – Continued Deferred Inflows of Resources Totals Difference Between Expected and Actual Experience $43,179 - 43,179 Change in Assumptions - - - Net Difference Between Projected and Actual Earnings on Pension Plan Investments 457,141 - 457,141 Total Expenses to be Recognized in Future Periods 500,320 - 500,320 Pension Contributions Made Subsequent to the Measurement Date 99,827 - 99,827 Total Deferred Amounts Related to IMRF 600,147 - 600,147 Deferred Outflows of Resources Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense in future periods as follows: Net Deferred Fiscal Outflows Year of Resources 2018 $163,928 2019 163,928 2020 159,872 2021 12,592 2022 - Thereafter - Total 500,320 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 60 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Police Pension Plan Plan Descriptions Plan Administration. The Police Pension Plan is a single-employer defined benefit pension plan that covers all sworn police personnel. The defined benefits and employee and minimum employer contribution levels are governed by Illinois Compiled Statutes (40 ILCS 5/3 -1) and may be amended only by the Illinois legislature. The City accounts for the Fund as a pension trust fund. The Fund is governed by a five-member pension board. Two members of the Board are appointed by the City Mayor, one member is elected by pension beneficiaries and two members are elected by active police employees. Plan Membership. At April 30, 2017, the measurement date, membership consisted of the following: Inactive Plan Members Currently Receiving Benefits 7 Inactive Plan Members Entitled to but not yet Receiving Benefits 2 Active Plan Members 28 Total 37 Benefits Provided. The following is a summary of the Police Pension Plan as provided for in Illinois State Statutes. The Police Pension Plan provides retirement benefits through two tiers of benefits as well as death and disability benefits. Covered employees hired before January 1, 2011 (Tier 1), attaining the age of 50 or older 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 annual benefit shall be increased by 2.5 percent of such salary for each additional year of service over 20 years up to 30 years, to a maximum of 75 percent of such salary. Employees with at least eight years but less than 20 years of credited service may retire at or after age 60 and receive a reduced benefit. The monthly benefit of a police officer 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 percent of the original pension and 3 percent compounded annually thereafter. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 61 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Police Pension Plan – Continued Plan Descriptions – Continued Benefits Provided – Continued. Covered employees hired on or after January 1, 2011 (Tier 2), attaining the age of 55 or older with 10 or more years of creditable service are entitled to receive an annual retirement benefit equal to the average monthly salary obtained by dividing the total salary of the police officer during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period. Police officer salary for the pension purposes is capped at $106,800, plus the lesser of ½ of the annual change in the Consumer Price Index or 3 percent compounded. The annual benefit shall be increased by 2.5 percent of such a salary for each additional year of service over 20 years up to 30 years to a maximum of 75 percent of such salary. Employees with at least 10 years may retire at or after age 50 and receive a reduced benefit (i.e., ½ percent for each month under 55). The monthly benefit of a Tier 2 police officer shall be increased annually at age 60 on the January 1st after the police office retires, or the first anniversary of the pension starting date, whichever is later. Noncompounding increases occur annually, each January thereafter. The increase is the lesser of 3 percent of ½ of the change in the Consumer Price Index for the proceeding calendar year. Contributions. 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 and the administrative costs as actuarially determined by an enrolled actuary. However, effective January 1, 2011, ILCS requires the City to contribute a minimum amount annually calculated using the projected unit credit actuarial cost method that will result in the funding of 90% of the past service cost by the year 2040. For the year-ended April 30, 2017, the City’s contribution was 35.57% of covered payroll. Concentrations. At year end, the Pension Plan did not have any investments (other than investments issued or explicitly guaranteed by the U.S. government and investments in mutual funds, external investment pools, and other pooled investments), in any one organization that represent 5 percent or more of net position available for benefits. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 62 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Police Pension Plan – Continued Actuarial Assumptions The total pension liability was determined by an actuarial valuation performed, as of April 30, 2017, using the following actuarial methods and assumptions: Actuarial Cost Method Entry Age Normal Asset Valuation Method Market Actuarial Assumptions Interest Rate 7.00% Salary Increases 5.00% Cost of Living Adjustments 2.50% Inflation 2.50% Mortality rates were based on the RP-2014 Mortality Table (BCHA) projected to 2017 using improvement scale MP-2015. The actuarial assumptions used in the April 30, 2017 valuation were based on the results of an actuarial experience study conducted by the Illinois Department of Insurance dated September 26, 2012. Discount Rate The discount rate used to measure the total pension liability was 7.00%, the same as the prior valuation. The projection of cash flows used to determine the discount rate assumed that member contributions will be made at the current contribution rate and that City contributions will be made at rates equal to the difference between the actuarially determined contribution rates and the member rate. Based on those assumptions, the Fund’s fiduciary net position was projected to be available to make all project future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all period of projected benefit payments to determine the total pension liability. UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 63 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Police Pension Plan – Continued Discount Rate Sensitivity The following is a sensitive analysis of the net pension liability to changes in the discount rate. The table below presents the pension liability of the City calculated using the discount rate as well as what the City’s net pension liability would be if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate: Current Discount Rate 1% Increase (7.00%)(8.00%) Net Pension Liability $14,700,655 11,584,140 9,064,306 (6.00%) 1% Decrease Changes in the Net Pension Liability Plan Fiduciary Net Pension Net Position Liability (B) (A) - (B) Balances at April 30, 2016 $18,565,358 6,881,167 11,684,191 Changes for the Year: Service Cost 611,857 - 611,857 Interest on the Total Pension Liability 1,283,144 - 1,283,144 Difference Between Expected and Actual Experience of the Total Pension Liability 123,907 - 123,907 Changes of Assumptions (565,454)- (565,454) Contributions - Employer - 825,413 (825,413) Contributions - Employees - 234,058 (234,058) Contributions - Others - 32,388 (32,388) Net Investment Income - 473,420 (473,420) Benefit Payments, including Refunds of Employee Contributions (469,494)(469,494)- Administrative Expense - (11,774)11,774 Net Changes 983,960 1,084,011 (100,051) Balances at April 30, 2017 19,549,318 7,965,178 11,584,140 Total (A) Pension Liability UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 64 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLANS – Continued Police Pension Plan – Continued Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources Related to Pensions For the year ended April 30, 2017, the City recognized pension expense of $1,470,846. At April 30, 2017, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Inflows of Resources Totals Difference Between Expected and Actual Experience $319,013 - 319,013 Change in Assumptions 724,889 (499,703)225,186 Net Difference Between Projected and Actual Earnings on Pension Plan Investments 298,316 (3,297)295,019 Total Deferred Amounts Related to Police Pension 1,342,218 (503,000)839,218 Deferred Outflows of Resources Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense in future periods as follows: Net Deferred Fiscal Outflows/(Inflows) Year of Resources 2018 $299,815 2019 299,815 2020 299,811 2021 124,609 2022 (51,343) Thereafter (133,489) Total 839,218 UNITED CITY OF YORKVILLE, ILLINOIS Notes to the Financial Statements April 30, 2017 65 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS The City has evaluated its potential other postemployment benefits liability. Former employees who choose to retain their rights to health insurance through the City are required to pay 100% of the current premium. However, there is minimal participation. As the City provides no explicit benefit, and there is minimal participation, there is no material implicit subsidy to calculate in accordance with GASB Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions. Therefore, the City has not recorded a liability as of April 30, 2017. SUBSEQUENT EVENT On May 10, 2017, the City issued a $800,000 loan payable. The loan bears interest at a rate of 3.00% and are due in annual installments of $215,222 through June 1, 2021. • Schedule of Employer Contributions Illinois Municipal Retirement Fund Police Pension Fund • Schedule of Changes in the Employer’s Net Pension Liability Illinois Municipal Retirement Fund Police Pension Fund • Schedule of Investment Returns Police Pension Fund • Budgetary Comparison Schedule General Fund Library – Special Revenue Fund Parks and Recreation – Special Revenue Fund Notes to the Required Supplementary Information 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: Budgetary Information –Budgets are adopted on a basis consistent with generally accepted accounting principles. UNITED CITY OF YORKVILLE, ILLINOIS Illinois Municipal Retirement Fund Required Supplementary Information Schedule of Employer Contributions April 30, 2017 Contributions as a Percentage of Fiscal Covered-Employee Year Payroll 2016 $311,346 $311,346 $- $2,853,781 10.91% 2017 308,134 308,134 - 2,898,722 10.63% Notes to the Required Supplementary Information: Actuarial Cost Method Entry Age Normal Amortization Method Level % Pay (Closed) Remaining Amortization Period 27 Years Asset Valuation Method 5-Year Smoothed Market Inflation 2.75% Salary Increases 3.75% - 14.50% Investment Rate of Return 7.50% Retirement Age See the Notes to the Financial Statements Mortality Note: IMRF specific mortality table was used with fully generational projection scale MP-2014 (base year 2012) This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available. Contributions Contribution Determined Actuarially Covered- Employee Payroll(Deficiency) Excess/ Contribution Contribution Determined the Actuarially in Relation to 66 UNITED CITY OF YORKVILLE, ILLINOIS Police Pension Fund Required Supplementary Information Schedule of Employer Contributions April 30, 2017 Contributions as a Percentage of Fiscal Covered-Employee Year Payroll 2015 $571,437 $624,168 $52,731 $2,220,146 28.11% 2016 722,940 722,940 - 2,294,948 31.50% 2017 825,413 825,413 - 2,320,642 35.57% Notes to the Required Supplementary Information: Actuarial Cost Method Entry Age Normal Amortization Method Level % Pay (Closed) Remaining Amortization Period 25 Years Asset Valuation Method Market Value Inflation 3.0% Salary Increases 5.0% Investment Rate of Return 7.0% Retirement Age 50 - 70 Mortality RP 2014 projected to 2017 Note: This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available. in Relation to Contributions Payroll Covered- Employee (Deficiency) Excess/ Contribution Contribution Determined Actuarially Contribution Determined the Actuarially 67 UNITED CITY OF YORKVILLE, ILLINOIS Illinois Municipal Retirement Fund Required Supplementary Information Schedule of Changes in the Employer's Net Pension Liability April 30, 2017 December 31, 2016 Total Pension Liability Service Cost $303,003 317,347 Interest 764,628 825,222 Changes in Benefit Terms - - Differences Between Expected and Actual Experience 40,167 27,153 Change of Assumptions - - Benefit Payments, Including Refunds of Member Contributions (295,309) (318,792) Net Change in Total Pension Liability 812,489 850,930 Total Pension Liability - Beginning 10,191,193 11,003,682 Total Pension Liability - Ending 11,003,682 11,854,612 Plan Fiduciary Net Position Contributions - Employer $311,346 308,134 Contributions - Members 129,289 132,252 Net Investment Income 49,844 684,949 Benefit Payments, Including Refunds of Member Contributions (295,309) (318,792) Other (Net Transfer)(289,688) 39,225 Net Change in Plan Fiduciary Net Position (94,518) 845,768 Plan Net Position - Beginning 9,896,191 9,801,673 Plan Net Position - Ending 9,801,673 10,647,441 Employer's Net Pension Liability $1,202,009 1,207,171 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 89.08%89.82% Covered-Employee Payroll $2,853,781 2,898,722 Employer's Net Pension Liability as a Percentage of Covered-Employee Payroll 42.12%41.64% 2015 December 31, Note:This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available. 68 UNITED CITY OF YORKVILLE, ILLINOIS Police Pension Fund Required Supplementary Information Schedule of Changes in the Employer's Net Pension Liability April 30, 2017 Total Pension Liability Service Cost $522,029 576,907 611,857 Interest 986,212 1,097,143 1,283,144 Differences Between Expected and Actual Experience (483,445) 322,766 123,907 Change of Assumptions 999,313 1,116,723 (565,454) Benefit Payments, Including Refunds of Member Contributions (435,435) (443,314) (469,494) Net Change in Total Pension Liability 1,588,674 2,670,225 983,960 Total Pension Liability - Beginning 14,306,459 15,895,133 18,565,358 Total Pension Liability - Ending 15,895,133 18,565,358 19,549,318 Plan Fiduciary Net Position Contributions - Employer $624,168 722,940 825,413 Contributions - Members 214,237 222,736 234,058 Contributions - Others - - 32,388 Net Investment Income 343,590 (30,493) 473,420 Benefit Payments, Including Refunds of Member Contributions (435,435) (443,314) (469,494) Administrative Expense (14,285) (13,448) (11,774) Net Change in Plan Fiduciary Net Position 732,275 458,421 1,084,011 Plan Net Position - Beginning 5,690,471 6,422,746 6,881,167 Plan Net Position - Ending 6,422,746 6,881,167 7,965,178 Employer's Net Pension Liability $9,472,387 11,684,191 11,584,140 Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 40.41%37.06%40.74% Covered-Employee Payroll $2,220,146 2,294,948 2,320,642 Employer's Net Pension Liability as a Percentage of Covered-Employee Payroll 426.66%509.13%499.18% 2015 2016 2017 Note:This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available. 69 UNITED CITY OF YORKVILLE, ILLINOIS Police Pension Fund Required Supplementary Information Schedule of Investment Returns April 30, 2017 Annual Money- Weighted Rate of Return, Net Fiscal of Investment Year Expense 2015 5.89% 2016 (0.43%) 2017 6.54% Note: This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available. 70 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, 2017 Final Actual Revenues Taxes $10,384,836 10,384,836 10,736,465 Intergovernmental 2,313,586 2,313,586 2,235,395 Licenses, Permits and Fees 178,000 178,000 315,862 Charges for Services 1,423,175 1,423,175 1,465,678 Fines and Forfeitures 130,225 130,225 140,250 Interest 5,000 5,000 21,198 Miscellaneous 79,000 79,000 86,297 Total Revenues 14,513,822 14,513,822 15,001,145 Expenditures General Government 4,055,632 4,185,189 4,123,597 Public Safety 5,254,785 5,289,785 4,903,925 Community Development 741,002 741,002 734,317 Public Works 2,120,219 2,147,619 2,077,503 Total Expenditures 12,171,638 12,363,595 11,839,342 Excess (Deficiency) of Revenues Over (Under) Expenditures 2,342,184 2,150,227 3,161,803 Other Financing Sources (Uses) Transfers In 3,000 3,000 9,645 Transfers Out (2,631,459)(2,631,459)(2,649,065) (2,628,459)(2,628,459)(2,639,420) Net Change in Fund Balance (286,275)(478,232)522,383 Fund Balance - Beginning 5,691,706 Fund Balance - Ending 6,214,089 Budget Original 71 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, 2017 Final Actual Revenues Taxes $1,394,490 1,394,490 1,372,091 Intergovernmental 22,450 22,450 18,958 Licenses, Permits and Fees 20,000 20,000 53,650 Charges for Services 11,500 11,500 10,208 Fines and Forfeits 9,300 9,300 7,355 Interest 360 360 1,608 Miscellaneous 7,500 7,500 9,370 Total Revenues 1,465,600 1,465,600 1,473,240 Expenditures Library 763,648 763,648 748,026 Debt Service Principal Retirement 550,000 550,000 550,000 Interest and Fiscal Charges 204,961 204,961 204,459 Total Expenditures 1,518,609 1,518,609 1,502,485 Excess (Deficiency) of Revenues Over (Under) Expenditures (53,009)(53,009)(29,245) Other Financing Sources Transfers In 36,068 36,068 24,044 Net Change in Fund Balance (16,941)(16,941)(5,201) Fund Balance - Beginning 514,162 Fund Balance - Ending 508,961 Budget Original 72 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, 2017 Final Actual Revenues Charges for Services $355,000 355,000 455,675 Grants and Donations 15,000 15,000 20,547 Interest 350 350 328 Miscellaneous 166,000 166,000 192,425 Total Revenues 536,350 536,350 668,975 Expenditures Parks and Recreation Park Operations 846,274 900,182 880,327 Recreation Operations 950,721 970,721 962,173 Total Expenditures 1,796,995 1,870,903 1,842,500 Excess (Deficiency) of Revenues Over (Under) Expenditures (1,260,645)(1,334,553)(1,173,525) Other Financing Sources Transfers In 1,118,638 1,118,638 1,118,638 Net Change in Fund Balance (142,007)(215,915)(54,887) Fund Balance - Beginning 500,762 Fund Balance - Ending 445,875 Budget Original 73 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 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. 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 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. 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. 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. CAPITAL PROJECTS FUND UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Taxes Property Tax $3,044,616 3,044,616 3,024,415 Sales Tax 2,800,920 2,800,920 2,940,976 Non-Home Rule Sales Tax 2,157,300 2,157,300 2,259,787 Municipal Utility Tax 890,000 890,000 952,591 Excise Tax 398,000 398,000 368,287 Cable TV Franchise Tax 270,000 270,000 294,275 Hotel Tax 76,000 76,000 72,407 Video Gaming Tax 65,000 65,000 100,457 Admissions and Amusement Tax 300,000 300,000 322,291 Business District Tax 372,000 372,000 387,157 Auto Rental Tax 11,000 11,000 13,822 10,384,836 10,384,836 10,736,465 Intergovernmental State Income Taxes 1,725,942 1,725,942 1,602,410 State Use Tax 397,644 397,644 417,212 Township Road and Bridge Tax 150,000 150,000 145,522 Personal Property Replacement Tax 17,000 17,000 17,845 Federal Grants 10,000 10,000 16,810 State Grants 12,000 12,000 34,606 Miscellaneous 1,000 1,000 990 2,313,586 2,313,586 2,235,395 Licenses, Permits and Fees Liquor Licenses 45,000 45,000 52,852 Other Licenses 3,000 3,000 6,795 Building Permits 130,000 130,000 256,215 178,000 178,000 315,862 Charges for Services Garbage Surcharge 1,272,675 1,272,675 1,306,816 Collection Fees - Sanitary District 150,000 150,000 158,062 Police Special Detail 500 500 800 1,423,175 1,423,175 1,465,678 Budget Original 74 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Revenues - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2017 Final Actual Fines and Forfeitures Circuit Court Fines $45,000 45,000 41,512 Administrative Adjudication 30,000 30,000 33,512 Other 225 225 420 Police Tows 55,000 55,000 64,806 130,225 130,225 140,250 Interest Investment Income 5,000 5,000 21,198 Miscellaneous Reimbursements Legal - - - Engineering 25,000 25,000 6,684 Liability Insurance 5,000 5,000 9,213 Cable Consortium 20,000 20,000 33,163 Other 5,000 5,000 17,389 Miscellaneous Income 24,000 24,000 19,848 79,000 79,000 86,297 Total Revenues 14,513,822 14,513,822 15,001,145 Budget Original 75 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual General Government Administration $785,943 815,943 793,730 Finance 413,829 413,829 399,439 Administrative Services 2,855,860 2,955,417 2,930,428 4,055,632 4,185,189 4,123,597 Public Safety Police Department 5,254,785 5,289,785 4,903,925 Community Development Building and Zoning 741,002 741,002 734,317 Public Works Streets Operations 826,544 853,944 776,108 Health and Sanitation 1,293,675 1,293,675 1,301,395 2,120,219 2,147,619 2,077,503 Total Expenditures 12,171,638 12,363,595 11,839,342 Budget Original 76 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual General Government Administration Salaries - Mayor $11,000 11,000 10,175 Salaries - Liquor Commissioner 1,000 1,000 1,000 Salaries - City Clerk 11,000 11,000 7,440 Salaries - City Treasurer 6,500 6,500 1,000 Salaries - Alderman 52,000 52,000 46,465 Salaries - Administrative 336,039 366,039 389,175 Part Time Salaries 7,800 7,800 4,984 Overtime 500 500 26 Retirement Plan Contribution 37,405 37,405 41,833 FICA Contribution 28,931 28,931 30,324 Group Health Insurance 91,653 91,653 82,328 Group Life Insurance 445 445 492 Dental Insurance 6,178 6,178 5,924 Vision Insurance 721 721 759 Tuition Reimbursement 15,000 15,000 8,040 Training and Conferences 12,000 12,000 11,051 Travel and Lodging 9,000 9,000 12,097 Publishing and Advertising 1,000 1,000 6,219 Printing and Duplicating 5,500 5,500 2,376 Telecommunications 16,000 16,000 15,623 Filing Fees 500 500 212 Codification 5,000 5,000 1,579 Postage and Shipping 4,000 4,000 1,297 Dues and Subscriptions 17,000 17,000 16,251 Professional Services 29,600 29,600 28,261 Kendall County Paratransit 25,000 25,000 23,550 Utilities 24,421 24,421 16,959 Rental and Lease Purchase 2,400 2,400 2,102 Office Cleaning 17,500 17,500 18,625 Office Supplies 10,000 10,000 7,563 Computer Equipment and Software 850 850 - 785,943 815,943 793,730 Finance Salaries and Wages 233,718 233,718 234,874 Retirement Plan Contribution 25,242 25,242 25,473 FICA Contribution 17,694 17,694 17,647 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, 2017 Final Actual General Government - Continued Finance - Continued Group Health Insurance $34,003 34,003 28,337 Group Life Insurance 334 334 334 Dental Insurance 6,031 6,031 5,655 Vision Insurance 657 657 657 Training and Conferences 3,000 3,000 2,911 Auditing Services 37,400 37,400 34,000 Travel and Lodging 1,500 1,500 261 Printing and Duplicating 5,000 5,000 2,572 Telecommunications 1,200 1,200 1,150 Postage and Shipping 1,300 1,300 1,033 Dues and Subscriptions 800 800 1,010 Professional Services 40,000 40,000 39,002 Rental and Lease Purchase 2,500 2,500 1,995 Office Supplies 2,700 2,700 2,493 Computer Equipment and Software 750 750 35 413,829 413,829 399,439 Administrative Services Salaries - Special Census - 26,464 - Police Special Detail Wages 500 500 800 Unemployment Insurance 20,000 20,000 11,298 Liability Insurance 293,958 293,958 286,792 Group Health Insurance - Retirees 35,725 35,725 33,255 Dental Insurance - Retirees 539 539 260 Vision Insurance - Retirees 75 75 74 Purchasing Services 50,000 15,000 5,187 Utility Tax Rebate 14,375 14,375 - Amusement Tax Rebate 55,000 55,000 61,613 Kencom 75,000 75,000 74,842 Information Technology Services 80,000 80,000 117,691 Corporate Counsel 127,339 127,339 102,826 Litigation Counsel 120,000 120,000 211,453 Special Counsel 25,000 25,000 4,815 Engineering Services 390,000 390,000 350,899 Cable Consortium Fee 85,000 85,000 92,765 Special Census - 108,093 108,093 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, 2017 Final Actual General Government - Continued Administrative Services - Continued Hotel Tax Rebate $68,400 68,400 65,167 City Property Tax Rebate 1,500 1,500 1,286 Sales Tax Rebate 913,949 913,949 879,408 Business District Rebate 372,000 372,000 387,157 Admission Tax Rebate 120,000 120,000 122,007 Bad Debt 2,500 2,500 1,634 Reimbursable Repairs 5,000 5,000 11,106 2,855,860 2,955,417 2,930,428 Total General Government 4,055,632 4,185,189 4,123,597 Public Safety Police Department Salaries - Police Officers 1,730,357 1,720,357 1,542,800 Salaries - Chief and Deputies 358,109 358,109 351,000 Salaries - Sergeants 475,680 475,680 577,455 Salaries - Police Clerks 141,395 141,395 136,050 Salaries - Crossing Guard 20,000 20,000 23,437 Part Time Salaries 70,000 70,000 50,180 Overtime 111,000 111,000 99,841 Retirement Plan Contribution 15,271 15,271 14,661 Employer Contribution - Police Pension 825,413 825,413 825,413 FICA Contribution 216,838 216,838 204,346 Group Health Insurance 709,489 709,489 626,179 Group Life Insurance 3,541 3,541 3,416 Dental Insurance 56,584 56,584 48,646 Vision Insurance 6,279 6,279 5,928 Tuition Reimbursement 31,096 31,096 9,832 Police Commission 4,000 4,000 3,198 Training and Conferences 18,000 18,000 12,433 Travel and Lodging 10,000 10,000 1,253 Vehicle and Equipment Chargeback 53,633 153,633 97,459 Publishing and Advertising 200 200 395 Printing and Duplicating 4,500 4,500 7,931 Telecommunications 36,500 36,500 35,130 Postage and Shipping 1,600 1,600 1,129 Budget Original 79 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2017 Final Actual Public Safety - Continued Police Department - Continued Dues and Subscriptions $1,350 1,350 9,100 Professional Services 35,000 35,000 21,923 Legal Services 5,000 5,000 - Adjudication Services 20,000 20,000 18,560 New World Live Scan 17,500 17,500 12,489 Kendall Co. - Juve Probation 4,000 4,000 3,239 MDT - Alerts Fee 7,000 7,000 6,660 Rental and Lease Purchase 7,000 7,000 6,010 Outside Repair and Maintenance 55,000 55,000 51,117 Wearing Apparel 20,000 20,000 10,641 Office Supplies 4,500 4,500 1,883 Operating Supplies 65,000 10,000 9,123 Computer Equipment and Software 12,000 12,000 5,961 Repair and Maintenance 6,500 6,500 604 Community Relations 3,000 3,000 1,012 Basllistic Vests 4,200 4,200 4,636 Gasoline 80,250 80,250 54,933 Ammunition 8,000 8,000 7,922 Total Public Safety 5,254,785 5,289,785 4,903,925 Community Development Building and Zoning Salaries and Wages 333,980 333,980 331,861 Part Time Salaries 48,000 48,000 42,347 Retirement Plan Contribution 36,070 36,070 35,454 FICA Contribution 28,597 28,597 27,585 Group Health Insurance 90,833 90,833 69,889 Group Life Insurance 445 445 401 Dental Insurance 6,570 6,570 4,669 Vision Insurance 732 732 587 Training and Conferences 6,500 6,500 1,537 Travel and Lodging 4,000 4,000 219 Publishing and Advertising 1,000 1,000 3,659 Printing and Duplicating 2,500 2,500 883 Telecommunications 3,000 3,000 4,008 Postage and Shipping 1,000 1,000 535 Budget Original 80 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2017 Final Actual Community Development - Continued Building and Zoning - Continued Inspections $5,000 5,000 595 Dues and Subscriptions 2,000 2,000 2,222 Professional Services 41,000 41,000 33,139 Legal Services 2,500 2,500 - Rental and Lease Purchase 3,000 3,000 3,132 Economic Development 113,100 113,100 160,359 Office Supplies 1,500 1,500 1,742 Operating Supplies 3,000 3,000 4,575 Computer Equipment and Software 3,500 3,500 2,985 Books and Publications 500 500 254 Gasoline 2,675 2,675 1,680 Total Community Development 741,002 741,002 734,317 Public Works Streets Operations Salaries and Wages 343,875 343,875 339,927 Part Time Salaries 8,100 8,100 8,455 Overtime 15,000 15,000 13,672 Retirement Plan Contribution 38,759 38,759 37,768 FICA Contribution 27,245 27,245 26,608 Group Health Insurance 124,755 124,755 121,383 Group Life Insurance 594 594 610 Dental Insurance 9,611 9,611 9,010 Vision Insurance 1,067 1,067 1,067 Training and Conferences 3,000 3,000 2,895 Travel and Lodging 2,000 2,000 1,157 Vehicle & Equipment Chargeback 45,000 45,000 63,626 Traffic Signal Maintenance 25,000 25,000 18,871 Telecommunications 3,000 3,000 2,751 Mosquito Control 7,352 7,352 7,142 Tree and Stump Removal 20,000 20,000 8,980 Professional Services 3,500 3,500 6,428 Street Lighting 4,750 4,750 427 Rental and Lease Purchase 1,100 1,100 6,162 Vehicle Maintenance Services 50,000 50,000 30,385 Wearing Apparel 4,631 4,631 4,620 Budget Original 81 UNITED CITY OF YORKVILLE, ILLINOIS General Fund Schedule of Detailed Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2017 Final Actual Public Works - Continued Streets Operations - Continued Operating Supplies $11,025 38,425 5,287 Hanging Baskets 2,000 2,000 - Vehicle Maintenance Supplies 27,500 27,500 27,441 Small Tools and Equipment 2,000 2,000 3,270 Repair and Maintenance 20,000 20,000 12,775 Gasoline 25,680 25,680 15,391 826,544 853,944 776,108 Health and Sanitation Garbage Services 1,287,675 1,287,675 1,297,315 Leaf Pickup 6,000 6,000 4,080 1,293,675 1,293,675 1,301,395 Total Public Works 2,120,219 2,147,619 2,077,503 Total Expenditures 12,171,638 12,363,595 11,839,342 Budget Original 82 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Taxes Property Tax $1,394,490 1,394,490 1,372,091 Intergovernmental Personal Property Replacement Tax 5,250 5,250 5,914 State Grant 17,200 17,200 13,044 22,450 22,450 18,958 Licenses, Permits and Fees Development Fees 20,000 20,000 53,450 Renew Program - - 200 20,000 20,000 53,650 Charges for Services Library Subscription Cards 7,500 7,500 6,576 Copy Fees 3,000 3,000 2,717 Fees for Programs 1,000 1,000 915 11,500 11,500 10,208 Fines and Forfeitures 9,300 9,300 7,355 Interest 360 360 1,608 Miscellaneous Rental Income 7,000 7,000 4,644 Miscellaneous Income 500 500 4,726 7,500 7,500 9,370 Total Revenues 1,465,600 1,465,600 1,473,240 Budget Original 83 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Library Salaries and Wages $217,309 217,309 211,185 Part Time Salaries 201,825 201,825 200,317 Retirement Plan Contribution 23,470 23,470 22,558 FICA Contribution 31,448 31,448 30,778 Group Health Insurance 83,960 83,960 74,462 Group Life Insurance 403 403 403 Dental Insurance 5,638 5,638 5,286 Vision Insurance 651 651 651 Unemployment Insurance 2,500 2,500 474 Liability Insurance 33,568 33,568 23,570 Training and Conferences 500 500 330 Travel and Lodging 600 600 365 Publishing and Advertising 100 100 277 Telecommunications 6,000 6,000 3,524 Postage and Shipping 500 500 398 Dues and Subscriptions 12,000 12,000 9,005 Professional Services 29,000 29,000 38,037 Legal Services 2,000 2,000 - Automation 35,000 35,000 12,633 Utilities 16,281 16,281 10,961 Outside Repair and Maintenance 25,000 25,000 27,190 Office Supplies 8,000 8,000 8,906 Operating Supplies 8,000 8,000 9,654 Library Programming 1,000 1,000 1,243 Renew Program - - 200 E-Book Subscriptions 3,500 3,500 3,644 Computer Equipment and Software - - 15,444 Audio Books - - 2,758 DVD's 5,000 5,000 2,984 Books 10,395 10,395 30,789 Total Library 763,648 763,648 748,026 Budget Original 84 UNITED CITY OF YORKVILLE, ILLINOIS Library - Special Revenue Fund Schedule of Expenditures - Budget and Actual - Continued For the Fiscal Year Ended April 30, 2017 Final Actual Debt Service Principal Retirement $550,000 550,000 550,000 Interest and Fiscal Charges 204,961 204,961 204,459 Total Debt Service 754,961 754,961 754,459 Total Expenditures 1,518,609 1,518,609 1,502,485 Budget Original 85 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Revenues - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Charges for Services Fees for Programs $325,000 325,000 423,166 Concessions 30,000 30,000 32,509 Total Charges for Services 355,000 355,000 455,675 Grants and Donations Sponsorships and Donations 15,000 15,000 20,547 Interest 350 350 328 Miscellaneous Rental Income 55,000 55,000 66,566 Hometown Days Revenue 108,000 108,000 117,354 Reimbursements - - 3,002 Miscellaneous Income 3,000 3,000 5,503 Total Miscellaneous 166,000 166,000 192,425 Total Revenue 536,350 536,350 668,975 Budget Original 86 UNITED CITY OF YORKVILLE, ILLINOIS Parks and Recreation - Special Revenue Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Parks and Recreation Park Operations Salaries and Wages $405,322 405,322 425,198 Part Time Salaries 40,178 40,178 35,251 Overtime 3,000 3,000 2,091 Retirement Plan Contribution 44,098 44,098 46,256 FICA Contribution 33,797 33,797 34,143 Group Health Insurance 126,121 126,121 119,781 Group Life Insurance 724 724 884 Dental Insurance 9,119 9,119 8,353 Vision Insurance 1,023 1,023 1,002 Training and Conferences 7,000 7,000 4,410 Travel and Lodging 3,000 3,000 807 Vehicle & Equipment Chargeback - 53,908 53,908 Telecommunications 3,510 3,510 6,278 Professional Services 3,000 3,000 2,461 Legal Services 6,000 6,000 663 Rental and Lease Purchase 2,500 2,500 2,334 Outside Repairs and Maintenance 47,500 47,500 22,411 Wearing Apparel 5,182 5,182 5,344 Office Supplies 300 300 542 Operating Supplies 22,500 22,500 23,035 Small Tools and Equipment 4,500 4,500 1,576 Computer Equipment and Software 500 500 2,000 Repairs and Maintenance 56,000 56,000 69,160 Gasoline 21,400 21,400 12,439 Total Park Operations 846,274 900,182 880,327 Recreation Operations Salaries and Wages 280,333 280,333 283,924 Part Time Salaries 22,711 22,711 9,989 Concession Wages 15,000 15,000 7,891 Preschool Wages 25,000 25,000 30,091 Instructor Wages 25,000 25,000 10,755 Retirement Plan Contribution 32,976 32,976 30,328 FICA Contribution 28,068 28,068 25,585 Group Health Insurance 101,075 101,075 91,187 Budget Original 87 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, 2017 Final Actual Parks and Recreation - Continued Recreation Operations - Continued Group Life Insurance $559 559 396 Dental Insurance 6,716 6,716 6,362 Vision Insurance 799 799 802 Training and Conferences 5,000 5,000 2,951 Travel and Lodging 3,000 3,000 1,028 Vehicle & Equipment Chargeback - 20,000 20,000 Publishing and Advertising 45,000 45,000 52,018 Telecommunications 8,000 8,000 7,064 Scholarships 2,500 2,500 - Postage and Shipping 3,500 3,500 2,609 Dues and Subscriptions 2,500 2,500 1,155 Professional Services 80,000 80,000 101,090 Utilities 21,200 21,200 11,977 Rental and Lease Purchase 4,500 4,500 1,808 Outside Repairs and Maintenance 3,000 3,000 6,061 Program Refunds 10,000 10,000 10,115 Hometown Days Expenditures 100,000 100,000 96,287 Program Supplies 86,000 86,000 121,860 Concession Supplies 18,000 18,000 14,926 Office Supplies 3,000 3,000 2,325 Operating Supplies 12,500 12,500 9,240 Small Tools and Equipment 1,000 1,000 - Computer Equipment and Software 500 500 199 Repairs and Maintenance 2,000 2,000 1,230 Gasoline 1,284 1,284 920 Total Recreation Operations 950,721 970,721 962,173 Total Expenditures 1,796,995 1,870,903 1,842,500 Budget Original 88 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, 2017 Final Actual Revenues Intergovernmental Grants $773,222 773,222 534,353 Licenses, Permits and Fees Build Program - - 96,373 Renew Program - - 900 Development Fees 9,000 9,000 10,730 Road Contribution Fee 15,000 15,000 88,000 Charges for Services Road Infrastructure Fee 681,600 681,600 718,872 Interest 600 600 3,705 Miscellaneous 294,740 294,740 199,851 Total Revenues 1,774,162 1,774,162 1,652,784 Expenditures General Government 75,700 75,700 134,646 Capital Outlay 3,313,308 3,313,308 2,825,760 Debt Service Principal Retirement 260,000 260,000 260,000 Interest and Fiscal Charges 144,663 144,663 144,613 Total Expenditures 3,793,671 3,793,671 3,365,019 Excess (Deficiency) of Revenues Over (Under) Expenditures (2,019,509)(2,019,509)(1,712,235) Other Financing Sources (Uses) Disposal of Capital Assets - - 1,900 Transfers In 49,500 49,500 71,602 Transfers Out (3,000)(3,000)(9,645) 46,500 46,500 63,857 Net Change in Fund Balance (1,973,009)(1,973,009)(1,648,378) Fund Balance - Beginning 3,003,908 Fund Balance - Ending 1,355,530 Budget Original 89 UNITED CITY OF YORKVILLE, ILLINOIS Citywide Capital - Capital Projects Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual General Government Build Program $- - 61,008 Renew Program - - 900 Property and Building Maintence Services 34,500 34,500 43,755 Property and Building Maintence Supplies 15,000 15,000 27,847 Engineering Services 25,000 25,000 - Bad Debt 1,200 1,200 1,136 Total General Government 75,700 75,700 134,646 Capital Outlay Wrigley(Rt 47) Expansion 655,062 655,062 454,548 Property Acquisition - - 160,877 Blackberry Woods Subdivision - - 131,574 Stagecoach Crossing - - 63,304 Greenbriar Pond Naturalization 4,000 4,000 8,649 Road To Better Roads Program 950,000 950,000 695,767 Sidewalk Construction 12,500 12,500 806 Downtown Streetscape Improvement 5,000 5,000 39,088 US 34 (IL 47/Orchard Road) Project 92,846 92,846 16,497 Game Farm Road Project 415,000 415,000 13,364 Countryside Pkwy Improvements 770,000 770,000 1,211,639 Kennedy Road Improvements - - 25,753 Kennedy Road Bike Trail 408,900 408,900 3,894 Total Capital Outlay 3,313,308 3,313,308 2,825,760 Debt Service Principal Retirement 260,000 260,000 260,000 Interest and Fiscal Charges 144,663 144,663 144,613 Total Debt Service 404,663 404,663 404,613 Total Expenditures 3,793,671 3,793,671 3,365,019 Budget Original 90 NONMAJOR GOVERNMENTAL FUNDS COMBINING STATEMENTS UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental Funds Combining Balance Sheet April 30, 2017 Debt Capital Service Projects Totals ASSETS Cash and Investments $1,142,313 50 277,499 1,419,862 Receivables - Net of Allowances Accounts 2,574 - 1,097 3,671 Other Taxes 37,048 - - 37,048 Due from Other Governments 15,711 - - 15,711 Prepaids 6,767 - - 6,767 Total Assets 1,204,413 50 278,596 1,483,059 LIABILITIES Accounts Payable 42,671 50 709 43,430 Due to Other Funds 510,430 - - 510,430 Other Payables 8,000 - 7,480 15,480 Total Liabilities 561,101 50 8,189 569,340 Nonspendable 6,767 - - 6,767 Restricted 1,148,073 - - 1,148,073 Assigned - - 270,407 270,407 Unassigned (511,528)- - (511,528) Total Fund Balances 643,312 - 270,407 913,719 Total Liabilities, Deferred Inflows of Resources and Fund Balances 1,204,413 50 278,596 1,483,059 Special Revenue FUND BALANCES 91 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, 2017 Debt Capital Service Projects Totals Revenues Taxes $310,387 47,070 - 357,457 Intergovernmental 486,527 - - 486,527 Licenses, Permits and Fees 1,103 7,014 134,050 142,167 Charges for Services - - 236,948 236,948 Fines and Forfeits - - 6,608 6,608 Grants and Donations 47,753 - - 47,753 Interest 3,558 - 84 3,642 Miscellaneous 67,751 - 5,535 73,286 Total Revenues 917,079 54,084 383,225 1,354,388 Expenditures General Government 34,400 438 - 34,838 Parks and Recreation 91,761 - 1,822 93,583 Public Safety - - 3,459 3,459 Public Works 241,131 - 26,244 267,375 Capital Outlay 566,681 - 264,262 830,943 Debt Service Principal Retirement 26,457 270,000 42,728 339,185 Interest and Fiscal Charges 133,430 50,625 30,306 214,361 Total Expenditures 1,093,860 321,063 368,821 1,783,744 Excess (Deficiency) of Revenues Over (Under) Expenditures (176,781)(266,979)14,404 (429,356) Other Financing Sources (Uses) Disposal of Capital Assets 22,000 - 254,162 276,162 Transfers In 33,750 266,979 - 300,729 55,750 266,979 254,162 576,891 Net Change in Fund Balances (121,031)- 268,566 147,535 Fund Balances - Beginning 764,343 - 1,841 766,184 Fund Balances - Ending 643,312 - 270,407 913,719 Special Revenue 92 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. 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 Countryside TIF Fund is used to account for the accumulation of monies for the payment of the 2014 General Refunding Obligation Bond Series and 2015A General Obligation Refunding Bond Series.These bonds were issued to refund the 2005 General Obligation Bond Series,which were issued to finance retail development at Countryside Center. 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. 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. Countryside TIF Fund UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Special Revenue Funds Combining Balance Sheet April 30, 2017 See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Nonmajor Governmental - Special Revenue Funds Combining Balance Sheet April 30, 2017 Sunflower Special Service Area Cash and Investments $15,095 - Receivables - Net of Allowances Accounts - Other Taxes - - Due from Other Governments - - Prepaids - - Total Assets 15,095 - Accounts Payable 353 337 Due to Other Funds - 15,437 Other Payables - - Total Liabilities 353 15,774 Nonspendable - - Restricted 14,742 - Unassigned - (15,774) Total Fund Balances 14,742 (15,774) Total Liabilities and Fund Balances 15,095 - FUND BALANCES LIABILITIES Fox Hill Special Service Area ASSETS 93 Motor Fuel Land Countryside Downtown Tax Cash TIF TIF Totals 766,925 241,069 - 119,224 1,142,313 - 2,518 - 56 2,574 37,048 - - - 37,048 - 15,711 - - 15,711 6,149 - - 618 6,767 810,122 259,298 - 119,898 1,204,413 9,898 8,980 761 22,342 42,671 - - 494,993 - 510,430 8,000 - - - 8,000 17,898 8,980 495,754 22,342 561,101 6,149 - - 618 6,767 786,075 250,318 - 96,938 1,148,073 - - (495,754)- (511,528) 792,224 250,318 (495,754)97,556 643,312 810,122 259,298 - 119,898 1,204,413 94 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, 2017 Sunflower Special Service Area Revenues Taxes $7,263 20,457 Intergovernmental - - Licenses, Permits and Fees - - Grants and Donations - - Interest - - Miscellaneous - - Total Revenues 7,263 20,457 Expenditures General Government - - Parks and Recreation - - Public Works 10,741 5,056 Capital Outlay - - Debt Service Principal Retirement - - Interest and Fiscal Charges - - Total Expenditures 10,741 5,056 Excess (Deficiency) of Revenues Over (Under) Expenditures (3,478)15,401 Other Financing Sources Disposal of Capital Assets 22,000 - Transfers In - - 22,000 - Net Change in Fund Balances 18,522 15,401 Fund Balances - Beginning (3,780)(31,175) Fund Balances - Ending 14,742 (15,774) Service Area Fox Hill Special 95 Motor Fuel Land Countryside Downtown Tax Cash TIF TIF Totals - - 215,360 67,307 310,387 470,816 15,711 - - 486,527 - 1,103 - - 1,103 - 47,753 - - 47,753 3,556 - - 2 3,558 - 66,297 - 1,454 67,751 474,372 130,864 215,360 68,763 917,079 - 1,103 1,281 32,016 34,400 - 91,761 - - 91,761 225,334 - - - 241,131 373,787 - - 192,894 566,681 - - 26,457 - 26,457 - - 133,430 - 133,430 599,121 92,864 161,168 224,910 1,093,860 (124,749)38,000 54,192 (156,147)(176,781) - - - - 22,000 33,750 - - - 33,750 33,750 - - - 55,750 (90,999)38,000 54,192 (156,147)(121,031) 883,223 212,318 (549,946)253,703 764,343 792,224 250,318 (495,754)97,556 643,312 96 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, 2017 Final Actual Revenues Taxes Property Tax $7,073 7,073 7,263 Expenditures Public Works Outside Repair and Maintenance 4,833 11,333 10,741 Excess (Deficiency) of Revenues Over (Under) Expenditures 2,240 (4,260)(3,478) Other Financing Sources Disposal of Capital Assets - - 22,000 Net Change in Fund Balance 2,240 (4,260)18,522 Fund Balance - Beginning (3,780) Fund Balance - Ending 14,742 Budget Original 97 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, 2017 Final Actual Revenues Taxes Property Tax $20,392 20,392 20,457 Expenditures Public Works Pond Maintenance 6,000 6,000 2,511 Outside Repair and Maintenance 11,534 11,534 2,545 Total Expenditures 17,534 17,534 5,056 Net Change in Fund Balance 2,858 2,858 15,401 Fund Balance - Beginning (31,175) Fund Balance - Ending (15,774) Budget Original 98 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, 2017 Final Actual Revenues Intergovernmental $487,254 487,254 470,816 Interest 300 300 3,556 Total Revenues 487,554 487,554 474,372 Expenditures Public Works Supplies 316,793 316,793 225,334 Capital Outlay Streets and Alleys 423,787 423,787 373,787 Total Expenditures 740,580 740,580 599,121 Excess (Deficiency) of Revenues Over (Under) Expenditures (253,026)(253,026)(124,749) Other Financing Sources Transfers In 25,023 25,023 33,750 Net Change in Fund Balance (228,003)(228,003)(90,999) Fund Balance - Beginning 883,223 Fund Balance - Ending 792,224 Budget Original 99 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, 2017 Final Actual Revenues Intergovernmental State Grants $400,000 400,000 15,711 Licenses, Permits and Fees Renew Program - - 1,103 Grants and Donations Autumn Creek 30,000 30,000 27,690 Blackberry Woods 5,000 5,000 7,955 Caledonia - - 2,013 Country Hills 2,000 2,000 4,614 Prestwick - - 1,071 Briarwood 2,000 2,000 4,410 Miscellaneous Other - - 2,501 Grand Reserve 50,000 50,000 63,796 Total Revenues 489,000 489,000 130,864 Expenditures General Government Renew Program - - 1,103 Parks and Recreation Mosier Holding Costs 13,000 13,000 8,611 Bristol Bay Regional Park - - 10,197 Riverfront Park 365,855 365,855 9,864 Grande Reserve Park A 75,000 75,000 63,089 Total Expenditures 453,855 453,855 92,864 Net Change in Fund Balance 35,145 35,145 38,000 Fund Balance - Beginning 212,318 Fund Balance - Ending 250,318 Budget Original 100 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, 2017 Final Actual Revenues Taxes Property Taxes $200,000 200,000 215,360 Expenditures General Government Administrative Fees 2,000 2,000 1,281 Debt Service Principal Retirement 26,460 26,460 26,457 Interest and Fiscal Charges 134,299 134,299 133,430 Total Expenditures 162,759 162,759 161,168 Net Change in Fund Balance 37,241 37,241 54,192 Fund Balance - Beginning (549,946) Fund Balance - Ending (495,754) Budget Original 101 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, 2017 Final Actual Revenues Taxes Property Taxes $70,000 70,000 67,307 Interest 50 50 2 Miscellaneous - - 1,454 Total Revenues 70,050 70,050 68,763 Expenditures General Government TIF Incentive Payout 20,000 20,000 20,558 Professional Services 360 360 304 Legal Services 15,000 15,000 11,154 Capital Outlay Project Costs 10,000 125,000 71,970 Property Acquisition - 370,000 10,000 Downtown Streetscape Improvement - 310,750 103,504 Route 47 Expansion 7,420 7,420 7,420 Total Expenditures 52,780 848,530 224,910 Net Change in Fund Balance 17,270 (778,480)(156,147) Fund Balance - Beginning 253,703 Fund Balance - Ending 97,556 Budget Original 102 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. 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, 2017 Final Actual Revenues Taxes Property Taxes $47,497 47,497 47,070 Licenses, Permits and Fees Recapture Fees 5,000 5,000 6,577 Build Program - 425 425 Renew Program - 13 12 Total Revenues 52,497 52,935 54,084 Expenditures General Government Build Program - 425 425 Renew Program - 13 13 Debt Service Principal 270,000 270,000 270,000 Interest and Fiscal Charges 50,675 50,675 50,625 Total Expenditures 320,675 321,113 321,063 Excess (Deficiency) of Revenues Over (Under) Expenditures (268,178)(268,178)(266,979) Other Financing Sources (Uses) Transfers In 268,178 268,178 266,979 Net Change in Fund Balance - - - Fund Balance - Beginning - Fund Balance - Ending - Budget Original 103 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. 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. 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, 2017 Final Actual Revenues Licenses, Permits and Fees Development Fees $23,000 23,000 96,750 Build Program - 28,700 28,700 Renew Program - - - Engineering Capital Fee 3,000 3,000 8,600 Charges for Services 101,633 275,633 236,948 Fines and Forfeits DUI Fines 7,000 7,000 5,865 Electronic Citations 700 700 743 Seized Vehicle Fees 2,500 2,500 - Miscellaneous 2,000 2,000 5,535 Interest 50 50 84 Total Revenues 139,883 342,583 383,225 Expenditures Public Safety 16,833 19,533 3,459 Public Works 3,750 29,700 26,244 Parks and Recreation - 50 1,822 Capital Outlay 100,000 254,000 264,262 Debt Service Principal Retirement 42,728 42,728 42,728 Interest and Fiscal Charges 30,306 30,306 30,306 Total Expenditures 193,617 376,317 368,821 Excess (Deficiency) of Revenues Over (Under) Expenditures (53,734)(33,734)14,404 Other Financing Sources (Uses) Disposal of Capital Assets 1,000 1,000 254,162 Net Change in Fund Balance (52,734)(32,734)268,566 Fund Balance - Beginning 1,841 Fund Balance - Ending 270,407 Budget Original 104 UNITED CITY OF YORKVILLE, ILLINOIS Vehicle and Equipment - Capital Projects Fund Schedule of Expenditures - Budget and Actual For the Fiscal Year Ended April 30, 2017 Final Actual Police Capital Build Program $- 2,700 2,700 Contractual Services 16,833 16,833 759 Capital Outlay Vehicles 55,000 155,000 141,832 Total Police Capital 71,833 174,533 145,291 Public Works Capital Build Program - 25,950 25,950 Contractual Services 1,750 1,750 294 Supplies 2,000 2,000 - Capital Outlay Equipment - - 24,098 Vehicles 45,000 45,000 44,424 Total Public Works Capital 48,750 74,700 94,766 Park and Recreation Capital Build Program - 50 50 Contractual Services - - 1,772 Capital Outlay Equipment - 54,000 53,908 Total Park and Recreation Capital - 54,050 55,730 Debt Service Principal Retirement 42,728 42,728 42,728 Interest and Fiscal Charges 30,306 30,306 30,306 Total Debt Service 73,034 73,034 73,034 Total Expenditures 193,617 376,317 368,821 Budget Original 105 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. 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. 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, 2017 Final Actual Operating Revenues Charges for Services $1,190,942 1,190,942 1,236,405 Operating Expenses Operations 2,389,739 2,389,739 527,338 Depreciation and Amortization - - 648,159 Total Operating Expenses 2,389,739 2,389,739 1,175,497 Operating Income (Loss)(1,198,797)(1,198,797)60,908 Nonoperating Revenues (Expenses) Interest Income 1,000 1,000 3,897 Connection Fees 9,000 9,000 154,401 Other Income 200,000 200,000 9,627 Interest Expense (500,484)(500,484)(526,245) (290,484)(290,484)(358,320) Income (Loss) Before Contributions and Transfers (1,489,281)(1,489,281)(297,412) Capital Contributions - - 1,563,653 Transfers In 1,134,052 1,134,052 1,134,052 Transfers Out (75,075)(75,075)(75,075) 1,058,977 1,058,977 2,622,630 Change in Net Position (430,304)(430,304)2,325,218 Net Position - Beginning 26,926,539 Net Position - Ending 29,251,757 Budget Original 106 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, 2017 Final Actual Operating Revenues Charges for Services $2,908,500 2,908,500 3,128,029 Operating Expenses Operations 5,857,760 12,464,783 1,839,155 Depreciation and Amortization - - 822,010 Total Operating Expenses 5,857,760 12,464,783 2,661,165 Operating Income (Loss)(2,949,260)(9,556,283)466,864 Nonoperating Revenues (Expenses) Interest Income 1,000 1,000 9,726 Connection Fees 752,900 924,740 999,754 Other Income 57,433 6,306,456 90,016 Interest Expense (587,509)(587,509)(590,671) 223,824 6,644,687 508,825 Income (Loss) Before Contributions and Transfers (2,725,436)(2,911,596)975,689 Capital Contributions - - 1,693,534 Transfers In 75,075 75,075 75,075 75,075 75,075 1,768,609 Change in Net Position (2,650,361)(2,836,521)2,744,298 Net Position - Beginning 24,652,349 Net Position - Ending 27,396,647 Budget Original 107 Escrow Deposit Fund The Escrow Deposit Fund is used to account for various funds collected on behalf of other governmental agencies. AGENCY FUNDS Developer Deposit Fund 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. 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. UNITED CITY OF YORKVILLE, ILLINOIS Agency Funds Combining Statement of Changes in Assets and Liabilities For the Fiscal Year Ended April 30, 2017 See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Agency Funds Combining Statement of Changes in Assets and Liabilities For the Fiscal Year Ended April 30, 2017 Ending Additions Deductions Balances Escrow Deposit ASSETS Cash and Investments $434,852 3,741,904 3,538,621 638,135 Accounts Receivable 731,168 3,284,096 3,425,133 590,131 Total Assets 1,166,020 7,026,000 6,963,754 1,228,266 LIABILITIES LIABILITIES Other Liabilities 1,166,020 8,369,009 8,306,763 1,228,266 Developer Deposit Cash and Investments 157,977 98,155 107,306 148,826 LIABILITIES Other Liabilities 157,977 98,155 107,306 148,826 ASSETS Beginning Balances All Funds 108 FOR PRINTING Ending Additions Deductions Balances Escrow Deposit Cash and Investments $276,875 3,643,749 3,431,315 489,309 Accounts Receivable 731,168 3,284,096 3,425,133 590,131 Total Assets 1,008,043 6,927,845 6,856,448 1,079,440 LIABILITIES Other Liabilities 1,008,043 8,270,854 8,199,457 1,079,440 Beginning Balances ASSETS 109 SUPPLEMENTAL SCHEDULES UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Betzwiser Development, LLC Adjustable Rate Note Payable of 2008 April 30, 2017 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 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 42,603 660,808 185,174 845,982 ** Interest rate is scheduled to adjust in December 2018 and 2023. CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Principal *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. 110 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements Kendall County River Road Bridge Loan Payable of 2013 April 30, 2017 Date of Issue May 14, 2012 Date of Maturity October 31, 2018 Authorized Issue $459,675 Interest Rate None Interest Dates None Principal Maturity Dates October 31 Payable at Kendall County Highway Dept. Fiscal Year Interest Totals 2018 $75,000 - 75,000 2019 84,674 - 84,674 159,674 - 159,674 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Principal 111 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements IEPA (L17-115300) Loan Payable of 2000 April 30, 2017 Date of Issue November 23, 1999 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 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 - 257,403 10,222 267,625 6,124 4,098 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 112 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements IEPA (L17-1156300) Loan Payable of 2007 April 30, 2017 Date of Issue November 9, 2006 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 2018 $99,361 25,669 125,030 2017 13,143 2018 12,526 2019 101,860 23,170 125,030 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 115,333 9,697 125,030 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 - 1,051,459 136,327 1,187,786 71,624 64,703 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 113 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Alternate Revenue Source Bonds of 2004B April 30, 2017 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 2018 $435,000 35,600 470,600 2017 17,800 2017 17,800 2019 455,000 18,200 473,200 2018 9,100 2018 9,100 890,000 53,800 943,800 26,900 26,900 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 114 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Long-Term Debt Requirements General Obligation Library Bonds of 2006 April 30, 2017 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 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 2,400 575,000 139,338 714,338 69,669 69,669 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 General Obligation Refunding Alternate Revenue Source Bonds of 2011 April 30, 2017 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 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 8,345,000 1,887,266 10,232,266 943,633 943,633 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 Library Refunding Bonds of 2013 April 30, 2017 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 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 5,030,000 850,544 5,880,544 425,272 425,272 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 Refunding Alternate Revenue Source Bonds of 2014 April 30, 2017 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 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 1,235,000 563,868 1,798,868 281,928 281,940 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 Refunding Alternate Revenue Source Bonds of 2014A April 30, 2017 Date of Issue August 5, 2014 Date of Maturity December 1, 2033 Authorized Issue $4,295,000 Denomination of Bonds $5,000 Interest Rate 3.00% to 4.00% Interest Dates June 1 and December 1 Principal Maturity Date December 1 Payable at Amalgamated Fiscal Year Interest Totals Jun. 1 Amount Dec. 1 Amount 2018 $190,000 138,588 328,588 2017 69,294 2017 69,294 2019 190,000 132,888 322,888 2018 66,444 2018 66,444 2020 195,000 127,188 322,188 2019 63,594 2019 63,594 2021 200,000 121,338 321,338 2020 60,669 2020 60,669 2022 200,000 115,337 315,337 2021 57,669 2021 57,668 2023 210,000 109,337 319,337 2022 54,669 2022 54,668 2024 210,000 103,037 313,037 2023 51,519 2023 51,518 2025 220,000 96,737 316,737 2024 48,369 2024 48,368 2026 225,000 90,137 315,137 2025 45,069 2025 45,068 2027 230,000 83,387 313,387 2026 41,694 2026 41,693 2028 245,000 76,200 321,200 2027 38,100 2027 38,100 2029 250,000 66,400 316,400 2028 33,200 2028 33,200 2030 265,000 56,400 321,400 2029 28,200 2029 28,200 2031 275,000 45,800 320,800 2030 22,900 2030 22,900 2032 280,000 34,800 314,800 2031 17,400 2031 17,400 2033 290,000 23,600 313,600 2032 11,800 2032 11,800 2034 300,000 12,000 312,000 2033 6,000 2033 6,000 3,975,000 1,433,174 5,408,174 716,590 716,584 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 Refunding Alternate Revenue Source Bonds of 2014B April 30, 2017 Date of Issue August 5, 2014 Date of Maturity December 30, 2022 Authorized Issue $2,300,000 Denomination of Bonds $5,000 Interest Rate 2.00% to 3.00% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at Amalgamated Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2018 $275,000 44,750 319,750 2017 22,375 2017 22,375 2019 285,000 39,250 324,250 2018 19,625 2018 19,625 2020 290,000 33,550 323,550 2019 16,775 2019 16,775 2021 295,000 27,750 322,750 2020 13,875 2020 13,875 2022 310,000 18,900 328,900 2021 9,450 2021 9,450 2023 320,000 9,600 329,600 2022 4,800 2022 4,800 1,775,000 173,800 1,948,800 86,900 86,900 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 Refunding Alternate Revenue Source Bonds of 2014C April 30, 2017 Date of Issue August 5, 2014 Date of Maturity December 30, 2024 Authorized Issue $1,290,000 Denomination of Bonds $5,000 Interest Rate 2.00% to 3.00% Interest Dates June 30 and December 30 Principal Maturity Date December 30 Payable at Amalgamated Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2018 $120,000 27,750 147,750 2017 13,875 2017 13,875 2019 130,000 25,350 155,350 2018 12,675 2018 12,675 2020 125,000 22,750 147,750 2019 11,375 2019 11,375 2021 130,000 20,250 150,250 2020 10,125 2020 10,125 2022 135,000 16,350 151,350 2021 8,175 2021 8,175 2023 135,000 12,300 147,300 2022 6,150 2022 6,150 2024 140,000 8,250 148,250 2023 4,125 2023 4,125 2025 135,000 4,050 139,050 2024 2,025 2024 2,025 1,050,000 137,050 1,187,050 68,525 68,525 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 2015A April 30, 2017 Date of Issue July 8, 2015 Date of Maturity December 1, 2034 Authorized Issue $5,575,000 Denomination of Bonds $5,000 Interest Rates 4.00% Interest Dates June 1 and December 1 Principal Maturity Date December 1 Payable at Amalgamated Fiscal Year Interest Totals Jun. 1 Amount Dec. 1 Amount 2018 $155,000 219,000 374,000 2018 109,500 2018 109,500 2019 160,000 212,800 372,800 2019 106,400 2019 106,400 2020 395,000 206,400 601,400 2020 103,200 2020 103,200 2021 405,000 190,600 595,600 2021 95,300 2021 95,300 2022 425,000 174,400 599,400 2022 87,200 2021 87,200 2023 440,000 157,400 597,400 2023 78,700 2022 78,700 2024 460,000 139,800 599,800 2024 69,900 2023 69,900 2025 475,000 121,400 596,400 2025 60,700 2024 60,700 2026 215,000 102,400 317,400 2026 51,200 2025 51,200 2027 220,000 93,800 313,800 2027 46,900 2026 46,900 2028 230,000 85,000 315,000 2028 42,500 2027 42,500 2029 240,000 75,800 315,800 2029 37,900 2028 37,900 2030 250,000 66,200 316,200 2030 33,100 2029 33,100 2031 260,000 56,200 316,200 2031 28,100 2030 28,100 2032 270,000 45,800 315,800 2032 22,900 2031 22,900 2033 280,000 35,000 315,000 2033 17,500 2032 17,500 2034 290,000 23,800 313,800 2034 11,900 2033 11,900 2035 305,000 12,200 317,200 2035 6,100 2034 6,100 5,475,000 2,018,000 7,493,000 1,009,000 1,009,000 Governmental 1,448,543 533,962 1,982,505 266,981 266,981 Business-Type 4,026,457 1,484,038 5,510,495 742,019 742,019 5,475,000 2,018,000 7,493,000 1,009,000 1,009,000 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 2016 April 30, 2017 Date of Issue October 27,2016 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 Amalgamated Fiscal Year Interest Totals Jun. 30 Amount Dec. 30 Amount 2018 $430,000 249,629 679,629 2017 143,404 2017 106,225 2019 470,000 195,250 665,250 2018 97,625 2018 97,625 2020 1,470,000 176,450 1,646,450 2019 88,225 2019 88,225 2021 1,475,000 117,650 1,592,650 2020 58,825 2020 58,825 2022 1,040,000 58,650 1,098,650 2021 29,325 2021 29,325 2023 915,000 27,450 942,450 2022 13,725 2022 13,725 5,800,000 825,079 6,625,079 431,129 393,950 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 Illinois Rural Bond Bank Debt Certificates of 2003A April 30, 2017 Date of Issue September 24, 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 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 4,030 830,000 154,812 984,812 77,406 77,406 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 Debt Certificates of 2003 April 30, 2017 Date of Issue July 9, 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 2018 $100,000 17,300 117,300 2017 8,650 2017 8,650 2019 300,000 13,050 313,050 2018 6,525 2018 6,525 400,000 30,350 430,350 15,175 15,175 CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS Requirements Interest Due on Principal 125 These schedules contain trend information to help the reader understand how the City’s financial performance and well-being have changed over time. 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 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. 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. UNITED CITY OF YORKVILLE, ILLINOIS Net Position by Component - Last Ten Fiscal Years* April 30, 2017 (Unaudited) 2009 2010 2011 Governmental Activities Net Investment in Capital Assets $53,202,922 51,529,648 60,971,543 61,594,404 Restricted 3,630,544 3,107,371 3,468,150 3,315,028 Unrestricted (658,755) (2,038,061) (4,124,885) (3,827,879) Total Governmental Activities Net Position 56,174,711 52,598,958 60,314,808 61,081,553 Business-Type Activities Net Investment in Capital Assets 15,924,390 18,676,309 32,942,926 33,166,989 Restricted 4,898,626 - 215,000 285,000 Unrestricted 175,008 3,212,121 2,904,916 2,608,587 Total Business-Type Activities Net Position 20,998,024 21,888,430 36,062,842 36,060,576 Primary Government Net Investment in Capital Assets 69,127,312 70,205,957 93,914,469 94,761,393 Restricted 8,529,170 3,107,371 3,683,150 3,600,028 Unrestricted (483,747) 1,174,060 (1,219,969) (1,219,292) Total Primary Government Net Position 77,172,735 74,487,388 96,377,650 97,142,129 * Accrual Basis of Accounting 2008 126 2012 2013 2014 2015 2016 2017 58,943,771 62,000,588 63,873,210 66,706,243 70,624,870 74,001,408 3,478,139 3,537,867 1,946,088 2,744,103 3,064,646 2,634,940 93,682 3,341,127 3,566,727 3,328,570 (6,321,934) (6,198,767) 62,515,592 68,879,582 69,386,025 72,778,916 67,367,582 70,437,581 26,640,987 31,719,100 34,717,042 46,482,812 49,232,266 53,490,328 683,147 - - - - - 13,406,883 13,502,177 13,015,100 1,891,407 2,346,622 3,158,076 40,731,017 45,221,277 47,732,142 48,374,219 51,578,888 56,648,404 85,584,758 93,719,688 98,590,252 113,189,055 119,857,136 127,491,736 4,161,286 3,537,867 1,946,088 2,744,103 3,064,646 2,634,940 13,500,565 16,843,304 16,581,827 5,219,977 (3,975,312) (3,040,691) 103,246,609 114,100,859 117,118,167 121,153,135 118,946,470 127,085,985 127 UNITED CITY OF YORKVILLE, ILLINOIS Changes in Net Position - Last Ten Fiscal Years* April 30, 2017 (Unaudited) 2009 2010 2011 2012 2013 2014 2015 2016 2017 Expenses Governmental Activities General Government $5,688,953 5,513,569 4,367,204 4,757,527 5,731,692 3,121,857 5,808,954 4,075,153 4,533,840 4,467,831 Public Safety 3,233,955 3,099,998 3,665,295 3,287,448 2,905,184 3,750,318 918,131 4,393,482 6,073,977 6,053,696 Community Development 553,220 502,929 447,491 394,687 307,053 356,689 2,029,523 592,588 649,507 734,317 Public Works 3,511,697 3,024,306 3,082,318 3,420,923 2,861,052 2,983,200 3,874,698 3,140,446 3,955,539 4,450,509 Library 955,385 1,044,318 1,103,649 1,170,275 871,050 932,748 407,537 930,024 877,154 930,739 Parks and Recreation 2,157,818 2,155,995 2,217,232 1,645,468 1,862,044 1,812,483 3,444,587 2,381,698 2,225,512 2,003,935 Unallocated Bad Debt Adjustment - - 1,016,132 - - - - - - - Interest on Long-Term Debt 723,618 741,303 757,192 723,246 704,213 691,551 698,519 611,243 540,506 570,061 Total Governmental Activities Expenses 16,824,646 16,082,418 16,656,513 15,399,574 15,242,288 13,648,846 17,181,949 16,124,634 18,856,035 19,211,088 Business-Type Activities Water 3,036,973 3,332,313 2,416,462 2,396,100 2,505,247 2,638,252 1,595,266 2,792,755 3,257,504 3,251,836 Sewer 1,177,924 1,322,270 1,569,785 1,628,159 1,653,025 1,630,023 2,710,511 1,704,058 1,789,770 1,701,742 Recreation Center - 675,617 634,346 688,218 657,479 592,707 232,882 - - - Total Business-Type Activities Expenses 4,214,897 5,330,200 4,620,593 4,712,477 4,815,751 4,860,982 4,538,659 4,496,813 5,047,274 4,953,578 Total Primary Government Expenses 21,039,543 21,412,618 21,277,106 20,112,051 20,058,039 18,509,828 21,720,608 20,621,447 23,903,309 24,164,666 Program Revenues Governmental Activities Charges for Services General Government 1,775,663 1,723,173 1,795,244 1,840,958 2,057,279 1,751,309 2,381,788 2,885,990 3,072,590 3,222,388 Public Safety - - - - - - - - - - Public Works - 29,018 - - - - - - - - Library 27,045 427,842 61,096 48,983 50,582 58,794 74,037 44,522 53,372 71,213 Parks and Recreation 376,857 - 388,913 342,311 265,698 265,614 299,478 352,714 408,469 455,675 Operating Grants/Contributions 778,342 19,664 629,822 830,767 633,091 696,058 1,135,659 943,410 774,856 610,480 Capital Grants/Contributions 1,909,670 922,409 10,650,597 1,596,067 1,409,412 3,317,256 1,229,829 768,423 3,317,330 3,814,671 Total Governmental Activities Program Revenues 4,867,577 3,122,106 13,525,672 4,659,086 4,416,062 6,089,031 5,120,791 4,995,059 7,626,617 8,174,427 Business-Type Activities Charges for Services Water 1,920,029 1,742,057 1,875,826 2,543,796 2,592,652 2,823,357 2,394,494 2,626,114 3,624,374 4,127,783 Sewer 855,334 789,781 1,991,015 1,476,558 1,366,022 1,358,420 1,130,954 1,186,389 1,388,258 1,390,806 Recreation - 497,992 582,889 620,020 620,489 493,617 44,891 - - - Operating Grants/Contributions - - - - - - - - - - Capital Grants/Contributions 1,895,447 343,578 14,473,957 241,344 2,433,079 4,829,491 1,658,648 6,805 2,029,848 3,257,187 Total Business-Type Activities Program Revenues 4,670,810 3,373,408 18,923,687 4,881,718 7,012,242 9,504,885 5,228,987 3,819,308 7,042,480 8,775,776 Total Primary Government Program Revenues 9,538,387 6,495,514 32,449,359 9,540,804 11,428,304 15,593,916 10,349,778 8,814,367 14,669,097 16,950,203 2008 128 2009 2010 2011 2012 2013 2014 2015 2016 2017 Net (Expense) Revenue Governmental Activities $(12,960,312) (3,130,841) (10,740,488) (10,826,226) (7,559,815) (12,061,158) (11,129,575) (11,129,575) (11,229,418) (11,036,661) Business-Type Activities (1,956,792) 14,303,094 169,241 2,196,491 4,643,903 690,328 (677,505) (677,505) 1,995,206 3,822,198 Total Primary Government Net (Expense) Revenue (14,917,104) 11,172,253 (10,571,247) (8,629,735) (2,915,912) (11,370,830) (11,807,080) (11,807,080) (9,234,212) (7,214,463) General Revenues and Other Changes in Net Position Governmental Activities Taxes Property 3,644,499 3,670,632 4,087,698 4,281,902 4,953,862 4,743,599 4,670,934 4,850,981 4,901,983 4,899,485 Sales 2,507,664 2,474,549 2,480,213 2,577,651 2,962,810 4,409,926 4,573,026 4,782,712 4,904,967 5,200,763 Income 1,053,292 1,124,204 1,280,519 1,306,325 1,444,426 1,587,324 1,613,102 1,735,422 1,715,155 1,602,410 Utility 1,612,834 1,630,188 1,542,649 1,614,294 1,568,699 1,553,693 1,633,242 1,600,296 1,585,758 1,615,153 Other 534,601 861,936 641,360 780,863 963,524 922,439 988,822 1,127,859 1,265,439 1,331,191 Development Fees 2,447,936 454,822 - - - - - - - - Interest 320,046 74,761 73,327 6,762 10,388 16,368 14,895 (176,911) 9,828 30,481 Miscellaneous 1,076,159 1,336,958 783,999 764,528 667,637 690,456 737,693 1,736,079 761,857 561,229 Transfers 540,525 (2,243,491) 134,209 174,908 - - (1,626,263) (1,133,972) (1,134,654) (1,134,052) Total Governmental Activities 13,737,556 9,384,559 11,023,974 11,507,233 12,571,346 13,923,805 12,605,451 14,522,466 14,010,333 14,106,660 Business-Type Activities Property Taxes - - - - 1,883,730 1,883,730 - - - - Interest 230,212 52,314 5,527 3,401 2,687 9,542 11,491 11,206 6,685 13,623 Connection Fees 1,670,495 549,578 - - - - - - - - Miscellaneous 124,400 1,815 - - 60,691 (1,624,872) 182,783 174,404 64,678 99,643 Transfers (540,525) 2,243,491 (134,209) (174,908) - - 1,626,263 1,133,972 1,134,654 1,134,052 Total Business-Type Activities 1,484,582 2,847,198 (128,682) (171,507) 1,947,108 268,400 1,820,537 1,319,582 1,206,017 1,247,318 Total Primary Government 15,222,138 12,231,757 10,895,292 11,335,726 14,518,454 14,192,205 14,425,988 15,842,048 15,216,350 15,353,978 Changes in Net Position Governmental Activities 777,244 6,253,718 283,486 681,007 5,011,531 1,862,647 1,475,876 3,392,891 2,780,915 3,069,999 Business-Type Activities (472,210) 17,150,292 40,559 2,024,984 6,591,011 958,728 1,143,032 642,077 3,201,223 5,069,516 Total Primary Government 305,034 23,404,010 324,045 2,705,991 11,602,542 2,821,375 2,618,908 4,034,968 5,982,138 8,139,515 * Accrual Basis of Accounting 2008 129 UNITED CITY OF YORKVILLE, ILLINOIS Fund Balances of Governmental Funds - Last Ten Fiscal Years* 2008 2009 2010 General Fund Reserved $287,036 164,587 39,497 Unreserved 2,665,300 1,230,953 (532,436) Nonspendable - - - Restricted - - - Assigned - - - Unassigned - - - Total General Fund 2,952,336 1,395,540 (492,939) All Other Governmental Funds Reserved 3,630,544 3,505,069 3,482,941 Unreserved, Reported in, Special Revenue Funds 1,128,049 642,298 403,793 Debt Service Funds (237,259) - - Capital Projects Funds (514,524) (560,274) (626,102) Nonspendable - - - Restricted - - - Committed - - - Assigned - - - Unassigned - - - Total All Other Governmental Funds 4,006,810 3,587,093 3,260,632 Total All Governmental Funds 6,959,146 4,982,633 2,767,693 * Modified Accrual Basis of Accounting Note: The City adopted GASB Statement 54 for the fiscal year ended April 30, 2012. April 30, 2017 (Unaudited) 130 2011 2012 2013 2014 2015 2016 2017 136,917 - - - - - - (408,817) - - - - - - - 153,770 139,985 156,680 145,012 138,312 150,464 - - - - 984,526 1,216,288 984,514 - 332,500 - - - - - - 784,353 4,083,835 3,703,901 3,696,520 4,337,106 5,079,111 (271,900) 1,270,623 4,223,820 3,860,581 4,826,058 5,691,706 6,214,089 3,323,515 - - - - - - 828,903 - - - - - - - - - - - - - (586,372) - - - - - - - 27,913 34,586 34,385 33,284 37,376 37,664 - 3,565,649 3,549,913 1,951,407 1,767,419 1,848,358 1,650,426 - 264,616 305,804 527,635 537,853 480,034 421,586 - 428,933 504,314 824,301 4,788,775 3,004,149 1,625,937 - (874,152) (571,615) (534,087) (624,928) (584,901) (511,528) 3,566,046 3,412,959 3,823,002 2,803,641 6,502,403 4,785,016 3,224,085 3,294,146 4,683,582 8,046,822 6,664,222 11,328,461 10,476,722 9,438,174 131 UNITED CITY OF YORKVILLE, ILLINOIS Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years* 2008 2009 2010 2011 Revenues Taxes $7,966,070 8,350,100 8,694,985 9,254,138 Intergovernmental 2,164,579 1,350,083 1,910,171 2,479,758 Licenses, Permits and Fees 4,508,936 2,476,691 894,871 486,264 Charges for Services - - 1,252,904 1,519,004 Fines and Forfeitures 118,565 139,875 166,078 228,009 Interest 320,046 74,761 73,327 6,762 Miscellaneous 989,443 1,344,427 676,539 763,503 Total Revenues 16,067,639 13,735,937 13,668,875 14,737,438 Expenditures General Government 5,652,456 5,065,127 4,590,261 4,724,320 Public Safety 3,015,178 3,160,730 3,260,256 2,886,313 Community Development 553,220 502,929 423,835 395,291 Public Works 4,473,822 1,752,822 1,976,664 2,038,458 Library 797,388 828,294 915,195 975,587 Parks and Recreation 2,231,553 2,035,413 1,532,422 1,360,244 Capital Outlay 1,654,695 2,199,602 242,005 376,030 Debt Service Principal Retirement 345,000 559,940 849,937 896,544 Interest and Fiscal Charges 768,817 749,703 764,364 733,106 Total Expenditures 19,492,129 16,854,560 14,554,939 14,385,893 Excess (Deficiency) of Revenues Over (Under) Expenditures (3,424,490) (3,118,623) (886,064) 351,545 Other Financing Sources (Uses) Disposal of Capital Assets 86,716 9,081 - - Adjustment for Bad Debts - - (1,016,132) - Debt Issuance - 937,500 - - Bond Premium/(Discount)- - - - Payment to Escrow Agent - - - - Transfers In 2,803,008 2,924,616 2,046,452 1,848,135 Transfers Out (2,262,483) (2,729,087) (1,912,243) (1,673,227) 627,241 1,142,110 (881,923) 174,908 Net Change in Fund Balances (2,797,249) (1,976,513) (1,767,987) 526,453 Debt Service as a Percentage of Noncapital Expenditures 7.104%9.021%11.227%11.709% * Modified Accrual Basis of Accounting April 30, 2017 (Unaudited) 132 2012 2013 2014 2015 2016 2017 10,020,005 6,767,061 5,176,481 11,830,762 12,103,254 12,466,013 2,906,407 7,545,978 9,469,590 3,312,823 3,180,626 3,343,533 336,683 400,718 393,746 379,242 493,619 706,782 1,842,620 1,479,712 2,169,670 2,749,195 2,897,718 2,888,281 194,256 195,287 191,887 154,789 143,094 154,213 10,388 16,368 14,895 (176,911) 9,828 30,481 667,637 690,456 737,693 1,736,079 761,857 561,229 15,977,996 17,095,580 18,153,962 19,985,979 19,589,996 20,150,532 5,501,632 3,498,104 5,685,541 3,910,635 3,928,055 4,293,081 2,849,067 3,568,665 3,834,655 4,337,573 4,689,129 4,907,384 307,053 365,188 407,537 592,588 649,507 734,317 1,926,169 1,841,795 2,207,757 2,361,827 2,460,192 2,344,878 691,525 752,373 737,191 748,905 694,441 748,026 1,488,018 1,450,824 1,644,065 2,041,792 1,803,333 1,936,083 101,133 572,022 2,050,456 3,285,489 3,653,071 3,656,703 1,038,254 1,025,074 1,099,223 844,112 1,040,880 1,149,185 701,809 663,495 641,673 496,090 604,406 563,433 14,604,660 13,737,540 18,308,098 18,619,011 19,523,014 20,333,090 1,373,336 3,358,040 (154,136) 1,366,968 66,982 (182,558) 16,100 5,200 16,325 - 48,446 278,062 - - - - - - - - 8,053,963 6,670,678 1,627,183 - - - 115,109 119,680 122,288 - - - (7,787,598) (2,359,115) (1,581,984) - 1,047,727 1,504,002 2,881,535 1,375,448 1,326,090 1,524,658 (1,047,727) (1,504,002) (4,507,798) (2,509,420) (2,460,744) (2,658,710) 16,100 5,200 (1,228,464) 3,297,271 (918,721) (855,990) 1,389,436 3,363,240 (1,382,600) 4,664,239 (851,739) (1,038,548) 13.098%17.159%11.540%9.497%10.293%12.040% 133 UNITED CITY OF YORKVILLE, ILLINOIS Assessed Value and Actual Value of Taxable Property - Last Ten Fiscal Years April 30, 2017 (Unaudited) Tax Fiscal Levy Year Year 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 2015 2014 310,655,449 2,743,283 2016 2015 320,914,471 2,861,401 2017 2016 354,408,067 2,963,511 Data Source: Office of the County Clerk Note: Property is assess at 33% of actual value. Property Farm Residential 134 Total Direct Tax Rate $98,576,640 $8,541,508 $17,328 $509,638,009 0.4164 117,707,447 6,914,772 17,328 567,239,492 0.4267 124,381,958 6,921,977 17,328 578,268,436 0.4374 122,304,406 6,820,310 17,328 539,068,780 0.9019 112,753,206 7,283,729 17,328 490,105,177 0.7046 101,264,981 6,720,962 17,328 443,122,808 0.7490 99,434,012 6,656,792 17,328 420,042,332 0.7738 90,744,145 12,668,201 17,328 416,828,406 0.7581 84,529,087 13,000,039 17,329 421,322,327 0.7361 84,099,111 14,944,561 17,328 456,432,578 0.6795 Property Property ValueProperty Total Taxable AssessedRailroadIndustrialCommercial 135 UNITED CITY OF YORKVILLE, ILLINOIS Principal Property Taxpayers - Current Tax Levy Year and Nine Tax Levy Years Ago April 30, 2017 (Unaudited) Percentage Percentage of Total City of Total City Taxable Taxable Assessed Assessed Taxpayer Rank Value Rank Value Wrigley Manufacturing Co., LLC $4,188,117 1 0.92%$3,937,970 5 0.77% Yorkville Marketplace LLC 4,128,124 2 0.90%5,016,580 2 0.98% Copley Ventures, Inc.3,956,207 3 0.87% Menard, Inc 3,294,258 4 0.72%11,606,480 1 2.28% Boombah Properties LLC 3,074,392 5 0.67% Target Corporation 2,792,899 6 0.61% Yorkville Leased Housing Assoc.2,637,510 7 0.58% Kendall Holdings LLC 2,401,333 8 0.53% York Meadows LLC 2,241,187 9 0.49% Prime Yorkville LLC 1,805,566 10 0.40%2,736,470 7 0.54% Cannonball LLC 4,151,393 3 0.81% Few Acquisitions LLC 3,956,220 4 0.78% Reserve at Fox River Apartments 3,126,890 6 0.61% Whispering Meadows Ltd 2,152,673 8 0.42% Castle Bank Yorkville 1,940,880 9 0.38% T-L Countryside LLC 1,647,830 10 0.32% 30,519,593 6.69%40,273,386 7.90% Data Source: Office of the County Clerk Assessed Assessed Value Value 2016 Tax Levy 2007 Tax Levy Taxable Taxable 136 UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Property Tax Rates - Last Ten Tax Levy Years April 30, 2017 (Unaudited) See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Property Tax Rates - Last Ten Tax Levy Years April 30, 2017 (Unaudited) 2007 2008 2009 City Direct Rates Corporate 0.0564 0.1329 0.1138 Bonds and Interest - - - IMRF 0.0968 0.0724 0.0778 Police Protection 0.0699 0.0550 0.0584 Police Pension 0.0589 0.0573 0.0583 Audit 0.0070 0.0073 0.0095 Liability Insurance 0.0391 0.0387 0.0583 Social Security 0.0771 0.0541 0.0528 School Crossing Guard 0.0047 0.0043 0.0042 Unemployment Insurance 0.0065 0.0047 0.0043 Total Direct Rates 0.4164 0.4267 0.4374 Overlapping Rates Kendall County 0.5595 0.5724 0.5734 Kendall County Forest Preserve 0.1292 0.0966 0.0944 Bristol Township 0.2906 0.2921 0.2963 Bristol - Kendall Fire District 0.5738 0.5896 0.6007 Yorkville - Bristol Sanitary District 0.0291 - - Yorkville Community Unit School District #115 4.4474 4.5923 4.6973 Waubonsee Community College District #516 0.3924 0.3990 0.4037 Yorkville Public Library 0.2210 0.2099 0.2172 Total Direct and Overlapping Rates 7.0594 7.1786 7.3204 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 137 2010 2011 2012 2013 2014 2015 2016 0.1472 0.2108 0.2354 0.2484 0.2503 0.2380 0.2197 0.4105 0.1477 0.1097 0.0797 0.0397 0.0113 - 0.0804 0.0918 0.1016 0.1071 0.1080 - - 0.0620 0.0714 0.0790 0.0833 0.0840 0.2407 0.1999 0.0670 0.0900 0.1229 0.1493 0.1694 0.1959 0.2117 0.0098 0.0082 0.0068 0.0071 0.0072 0.0069 0.0066 0.0615 0.0082 0.0090 0.0095 0.0096 0.0091 0.0088 0.0546 0.0612 0.0677 0.0714 0.0720 0.0342 0.0329 0.0044 0.0051 0.0056 0.0060 0.0060 - - 0.0045 0.0102 0.0113 0.0119 0.0120 - - 0.9019 0.7046 0.7490 0.7738 0.7581 0.7361 0.6795 0.6396 0.6999 0.7446 0.8009 0.8085 0.7909 0.7477 0.1041 0.1205 0.1495 0.1640 0.1826 0.1787 0.1755 0.3246 0.3693 0.3934 0.4239 0.4172 0.3960 0.3408 0.6734 0.7176 0.7356 0.7718 0.8041 0.8077 0.7592 - - - - - - - 5.2767 5.9101 6.7561 7.4081 7.7083 7.8713 7.5634 0.4115 0.4702 0.5306 0.5691 0.5973 0.5885 0.5601 0.2589 0.3042 0.3242 0.3241 0.3299 0.3287 0.3080 8.5907 9.2964 10.3830 11.2357 11.6060 11.6979 11.1342 138 UNITED CITY OF YORKVILLE, ILLINOIS Property Tax Levies and Collections - Last Ten Fiscal Years April 30, 2017 (Unaudited) Tax Fiscal Levy Percentage Percentage Year Year of Levy of Levy 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% 2015 2013*3,250,204 3,234,448 99.52%- 3,234,448 99.52% 2016 2014*3,159,892 3,146,278 99.57%- 3,146,278 99.57% 2017 2015*3,101,185 3,071,484 99.04%- 3,071,484 99.04% Data Source: Office of the County Treasurer *** Information for collections in subsequent years is unavailable. Note: Property in the City is reassessed each year. Property is assessed at 33% of actual value. **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. Taxes Collected within the Collections Levied for Fiscal Year of the Levy in Total Collections to Date ** Subsequent Year Amount Years***Amount the Fiscal *The 2010,2011,2012,2013,2014 and 2015 tax levy extended amounts include bonds and interest in the amount of $2,212,770,$723,689,$486,150,$334,816,$165,564 &$47,525,respectively,that were previously abated. 139 UNITED CITY OF YORKVILLE, ILLINOIS Estimate of Taxable Sales by Category - Last Ten Calendar Years April 30, 2017 (Unaudited) See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Estimate of Taxable Sales by Category - Last Ten Calendar Years April 30, 2017 (Unaudited) 2007 2008 2009 General Merchandise*$51,257 276,566 449,732 Food 390,544 326,495 276,477 Drinking and Eating Places 214,845 230,623 236,676 Apparel*4,228 19,792 52,413 Furniture & H.H. & Radio 43,654 26,443 15,300 Lumber, Building Hardware 854,375 715,491 347,804 Automobile and Filling Stations 109,474 143,432 164,330 Drugs and Miscellaneous Retail 522,118 347,137 372,802 Agriculture and All Others 284,907 250,300 175,964 Manufacturers 111,043 167,006 302,537 Total 2,586,445 2,503,285 2,394,035 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 2011. 140 2010 2011 2012 2013 2014 2015 2016 508,825 555,129 571,210 594,685 593,361 608,996 597,618 258,675 262,556 259,509 266,937 289,897 385,034 377,825 248,772 268,418 279,649 293,131 299,300 332,752 376,762 58,032 68,320 85,797 88,739 87,834 95,975 99,354 21,282 - 7,727 3,370 2,710 2,597 2,373 359,245 352,669 362,987 413,711 446,440 470,357 510,521 187,309 194,135 178,282 156,091 146,062 160,717 188,830 562,570 603,718 582,001 597,615 566,665 362,225 506,123 53,410 58,065 64,558 89,360 161,114 232,923 135,378 323,334 191,287 78,346 89,239 90,998 102,011 116,723 2,581,454 2,554,297 2,470,066 2,592,877 2,684,381 2,753,587 2,911,507 1.00%1.00%1.00%1.00%1.00%1.00%1.00% 141 UNITED CITY OF YORKVILLE, ILLINOIS Direct and Overlapping Sales Tax Rates - Last Ten Fiscal Years April 30, 2017 (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 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% 2015 5.00%1.00%1.00%0.25%1.00%8.25% 2016 5.00%1.00%1.00%0.25%1.00%8.25% 2017 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. 142 UNITED CITY OF YORKVILLE, ILLINOIS Ratios of Outstanding Debt by Type - Last Ten Fiscal Years April 30, 2017 (Unaudited) See Following Page UNITED CITY OF YORKVILLE, ILLINOIS Ratios of Outstanding Debt by Type - Last Ten Fiscal Years April 30, 2017 (Unaudited) Fiscal Year 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 2015 16,120,000 - 901,907 1,890 15,700,000 2016 15,325,990 - 938,210 1,890 18,555,000 2017 14,252,531 - 820,482 1,890 20,111,457 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. Governmental Activities Business-Type Activities Bonds Certificates Bonds General General Revenue Source Commitments Alternative Obligation and Payable Other Revenue SourceDebt Obligation and Alternative Loans 143 Percentage of Personal Income (1) $10,198,112 $3,062,837 $3,114,694 $53,057,533 12.38%$4,736 9,932,125 2,884,366 2,670,505 52,316,446 11.88%3,107 9,571,912 2,686,846 2,523,422 50,441,693 12.13%2,996 9,064,112 2,483,882 2,296,958 48,357,921 11.43%2,858 8,460,000 2,275,320 2,065,958 45,845,993 10.30%2,655 7,465,000 2,060,997 1,952,534 43,266,022 9.25%2,470 6,680,000 1,880,084 1,919,909 40,797,224 8.70%2,291 5,865,000 1,694,504 1,942,898 42,226,199 8.72%2,325 5,220,000 1,504,138 2,000,619 43,545,847 8.74%2,360 1,230,000 1,308,862 2,061,951 39,787,173 7.73%2,113 Business-Type Activities Other Per Capita (1) Debt Primary GovernmentCertificatesCommitmentsPayable Total Loans IEPA 144 April 30, 2017 (Unaudited) Percentage of Total Taxable Assessed Fiscal Value of Year Property (1) 2008 $35,555,000 $- $35,555,000 6.98%$3,173 2009 35,015,000 - 35,015,000 6.17%2,080 2010 34,220,000 - 34,220,000 5.92%2,032 2011 33,320,000 - 33,320,000 6.18%1,969 2012 32,100,000 578,443 31,521,557 6.43%1,826 2013 30,930,000 - 30,930,000 6.98%1,766 2014 29,375,000 - 29,375,000 6.99%1,650 2015 31,820,000 - 31,820,000 7.63%1,752 2016 33,880,990 - 33,880,990 8.04%1,836 2017 34,363,988 - 34,363,988 7.53%1,825 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. Bonds Total Per Capita (2) Less: Amounts Debt Service Available in Revenue Source UNITED CITY OF YORKVILLE, ILLINOIS Ratios of General Bonded Debt Outstanding - Last Ten Fiscal Years General Obligation and Alternative 145 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 $15,074,903 100.000%$15,074,903 Overlapping Debt County of Kendall (4)30,653,762 15.97%4,895,406 Forest Preserve District of Kendall County 41,575,000 15.97%6,639,528 Yorkville Community Unit School District #115 72,795,667 59.80%43,531,809 Waubonsee Community College District #516 62,810,000 5.16%3,240,996 Plano Community Unit School District #88 36,141,616 0.35%126,496 Newark Community Consolidated School District #66 1,255,000 0.42%5,271 Total Overlapping Debt 245,231,045 58,439,505 Total Direct and Overlapping Debt 260,305,948 73,514,408 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 May 3, 2017. (2) Percentages are based on 2016 EAV's, the latest available. (3) The United City of Yorkville has $83,318,000 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, 2017 (Unaudited) City's 146 UNITED CITY OF YORKVILLE, ILLINOIS Schedule of Legal Debt Margin - Last Ten Fiscal Years 2008 2009 2010 2011 Legal Debt Limit $43,956,278 48,924,406 49,875,653 46,494,682 Total Net Debt Applicable to Limit 19,518,112 19,037,125 18,356,912 17,529,112 Legal Debt Margin 24,438,166 29,887,281 31,518,741 28,965,570 Total Net Debt Applicable to the Limit as a Percentage of Debt Limit 44.40%38.91%36.81%37.70% April 30, 2017 (Unaudited) 147 2012 2013 2014 2015 2016 2017 42,271,572 38,219,342 36,228,651 35,951,450 36,339,051 39,367,310 24,860,000 22,945,000 19,290,000 14,855,000 13,420,000 6,835,000 17,411,572 15,274,342 16,938,651 21,096,450 22,919,051 32,532,310 58.81%60.04%53.25%41.32%36.93%17.36% Assessed Value $456,432,578 Bonded Debt Limit - 8.625% of Assessed Value 39,367,310 Amount of Debt Applicable to Limit 6,835,000 Legal Debt Margin 32,532,310 Legal Debt Margin Calculation for Fiscal Year 2017 148 Governmental Activities Fiscal Year Coverage 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 2015 327,984 - - 2,704,651 3,032,635 225,000 56,789 10.76 2016 164,852 144,723 - 2,778,116 3,087,691 255,000 53,550 10.01 2017 215,360 - - 2,940,976 3,156,336 270,000 50,150 9.86 Notes: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. Series 2014, 2014A and 2015A Bonds are payable from revenues from Sales Taxes and incremental taxes, if any, from the Countryside TIF. Series 2014B Bonds are partially payable from Utility Taxes and Property Taxes. Tax Tax Tax Principal InterestTaxRevenue 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, 2017 (Unaudited) Incremental 149 Business-Type Activities Fiscal Year Coverage 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 4,559,864 260,000 793,668 4.33 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 2015 3,646,020 1,929,555 1,735,422 2,078,061 5,529,948 1,175,000 704,410 2.94 2016 4,493,694 2,386,468 1,715,155 2,126,851 5,949,232 1,245,000 624,002 3.18 2017 4,364,434 2,366,493 1,602,410 2,259,787 5,860,138 1,290,000 592,364 3.11 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. April 30, 2017 (Unaudited) Sewer Revenues Water and Operating 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 150 School Calendar Population Median Enrollment Unemployment Year (1)Age (1)(2)Rate (3) 2007 11,204 $428,700,489 $45,913 33.2 4,270 3.10% 2008 16,838 440,229,833 46,910 33.2 4,774 3.80% 2009 16,838 415,835,242 44,099 33.2 5,105 6.60% 2010 16,921 423,231,547 44,691 32.4 5,283 6.40% 2011 17,266 445,027,116 46,877 33.5 5,426 5.90% 2012 17,518 467,491,704 49,110 32.9 5,474 5.20% 2013 17,804 468,864,947 49,123 31.1 5,630 8.20% 2014 18,161 484,322,292 50,690 31.6 5,786 6.40% 2015 18,451 498,270,774 52,150 31.6 5,801 4.80% 2016 18,833 514,662,122 53,886 32.3 5,980 5.20% Data Source: (1) U.S. Census Buerau (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-Elgin 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, 2017 (Unaudited) 151 UNITED CITY OF YORKVILLE, ILLINOIS Principal Employers - Current Calendar Year and Nine Calendar Years Ago Percentage Percentage of Total of Total City City Employer Rank Employment Rank Employment Raging Waves (Seasonal)450 1 2.39% Wrigley Manufacturing Co.450 1 2.39%400 1 3.57% Super Target 225 2 1.19% Jewel/Osco 150 3 0.80% Newlywed Foods 140 4 0.74%115 3 1.03% Menards Mega Store 130 5 0.69% Boombah, Inc 130 5 0.69% Kohl's 115 6 0.61% Home Depot 110 7 0.58% Hillside Health Care Center 90 8 0.48% Aurora Speciality Textiles 85 9 0.45% Wheatland Title 85 9 0.45% Yorkville Animal Hospital 65 10 0.35% Rush-Copley Medical Center 65 10 0.35% X-Pac 150 2 1.34% Brenart Eye Clinic 50 4 0.45% C&J Insulation, Inc 40 5 0.36% Cascade Waterworks Co.40 5 0.36% G.H. Haws & Assoc.25 6 0.22% Alpha Precision 20 7 0.18% Meadowvale, Inc.20 7 0.18% 2,290 12.16%860 7.68% Data Source: City Records and Illinois Manufacturers Directory. April 30, 2017 (Unaudited) Employees Employees 2016 Calendar Year 2007 Calendar Year 152 UNITED CITY OF YORKVILLE, ILLINOIS Full-Time and Part-Time Government Employees by Function - Last Ten Fiscal Years 2008 2009 2010 Full Time General Government Administration 9 7 5 Finance 6 6 5 Community Relations N/A 1 1 Engineering 6 7 4 Community Development 6 5 4 Public Safety Police Officers 29 30 27 Civilians 5 5 5 Public Works Streets 5 5 6 Water 6 6 6 Sewer 4 3 4 Culture & Recreation Parks 9 9 8 Recreation 7 7 6 Library 4 5 5 Part Time General Government Administration 1 - - Community Relations N/A 1 - Community Development N/A 0 1 Public Safety Police Officers 3 2 2 Civilians 7 7 6 Parks & Recreation Parks 5 1 2 Recreation 33 29 38 Library 35 33 33 Total 180 169 168 Data Source: City Human Resource Department N/A - Not Available April 30, 2017 (Unaudited) 153 2011 2012 2013 2014 2015 2016 2017 4 4 4 4 4 4 4 4 4 4 4 4 4 4 - - - - - - - 3 - - - - - - 3 2 3 4 4 4 4 25 25 26 28 29 29 29 3 3 2 3 3 3 3 5 5 5 5 5.3 5.3 5.3 6 6 5.3 5.3 5.3 5.3 5.3 3 4 3.3 3.3 3.3 3.3 3.3 8 8 9 9 8.5 6.5 7.5 4 4 6 5 5.5 5.5 5.5 5 5 5 5 4 4 4 - - 1 1 - 1 1 - - - - - - - 1 1 2 1 1 1 3 3 5 6 5 6 5 5 6 7 9 10 9 9 8 2 3 4 4 7 7 7 40 40 16 3 23 32 35 30 30 26 25 31 27 28 155 155 136 124 153 156 162 154 UNITED CITY OF YORKVILLE, ILLINOIS Operating Indicators by Function/Program - Last Ten Fiscal Years 2008 2009 2010 2011 Police Arrests Made 1,891 1,732 657 531 Parking Violations N/A N/A 845 918 Traffic Violations 9,571 10,891 4,436 3,729 Reports Taken 3,479 3,302 2,798 2,236 Calls for Service 17,523 18,614 13,533 12,170 Community Development Permits Issued 1,173 725 593 570 Public Works Street Resurfacing (Miles)3 - - - Snow and Ice Control (Tons of Salt)2,448.75 2,274.78 2,213.00 1,900.03 Pothole Repairs (Tons of Asphalt)325.21 52.18 246.05 226.96 Water Number of Accounts 5,669 5,862 5,969 6,051 Total Annual Consumption (Cubic Feet)N/A 59,363,940 59,485,277 62,574,451 Average Daily Consumption (Cubic Feet)N/A 162,641 162,973 171,437 *Police information is presented on a calendar year basis. Operating indicators for 2017 are thru June. Data Source: Various City Departments N/A - Not Available April 30, 2017 (Unaudited) 155 2012 2013 2014 2015 2016 2017 700 547 390 183 466 268 * 1,501 846 628 282 655 225 * 4,338 4,287 1,097 562 1,252 438 * 1,815 1,813 1,840 897 1,911 928 * 13,311 11,860 11,633 6,267 13,727 N/A * 566 593 576 577 681 870 - - 2 0.65 2.12 6.01 1,986.36 1,080.67 1,349.00 1,509 1,490 1,285 286.43 335.91 252.00 442 610 511 5,947 6,189 6,135 6,361 6,465 6,644 59,828,300 66,401,150 62,743,823 56,658,370 58,570,769 64,208,149 163,913 181,921 171,901 155,228 160,468 175,913 156 UNITED CITY OF YORKVILLE, ILLINOIS Capital Asset Statistics by Function/Program - Last Ten Fiscal Years 2008 2009 2010 Public Safety Police Stations 1.00 1.00 1.00 Patrol Units N/A N/A 23.00 Public Works Streets (Miles)44.29 45.49 56.00 Traffic Signals 26.00 26.00 26.00 Storm Sewers (Miles)54.10 55.65 68.90 Water Water Mains (Miles)46.64 47.37 58.85 Fire Hydrants 989 1,001 1,188 Sewer Sanitary Sewers (Miles)42.71 43.01 53.43 Lift Stations 5.00 5.00 7.00 Data Source: Various City Departments N/A - Not Available April 30, 2017 (Unaudited) 157 2011 2012 2013 2014 2015 2016 2017 1.00 1.00 1.00 1.00 1.00 1.00 1.00 24.00 19.00 20.00 20.00 22.00 20.00 20.00 59.56 60.79 82.00 83.20 84.31 88.23 90.33 26.00 26.00 26.00 26.00 26.00 26.00 26.00 69.63 72.91 80.43 83.21 83.21 89.52 96.33 59.88 61.97 66.65 68.28 68.28 72.05 77.38 1,207 1,239 1,327 1,349 1,349 1,415 1,515 54.25 55.48 59.29 60.39 60.39 63.82 67.92 7.00 7.00 7.00 7.00 7.00 7.00 7.00 158 UNITED CITY OF YORKVILLE, ILLINOIS New Permits and Construction Values - Last Ten Fiscal Years Fiscal Permits Permits Permits Permits Year Issued Issued Issued Issued 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 11 3,215,000 73 11,451,799 - - 84 14,666,799 2015 10 38,279,500 72 13,063,555 - - 82 51,343,055 2016 6 1,060,000 98 16,451,049 - - 104 17,511,049 2017 6 2,361,795 159 28,818,289 - - 165 3,118,084 Data Source: City Records Construction Value Construction Value Construction Value Construction Value Residential Construction Multi-Family Total April 30, 2017 (Unaudited) Commercial Construction Residential Construction Single-Family 159