Ordinance 2020-41 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2020-41
AN ORDINANCE AUTHORIZING THE NINTH AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2019 AND ENDING ON APRIL 30,2020
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 25th day of August,2020
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
SEP 0 9 2020
Published in pamphlet form by the
authority of the Mayor and City Council t,
zr Y CLERK
KENDALL COUNTY
of the United City of Yorkville,Kendall
County, Illinois on August 28,2020.
Ordinance No. 2020-41
AN ORDINANCE AUTHORIZING THE NINTH AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE,FOR THE FISCAL YEAR
COMMENCING ON MAY 1,2019 AND ENDING ON APRIL 30,2020
WHEREAS, the United City of Yorkville (the "City") is a duly organized and validly
existing non-home rule municipality created in accordance with the Constitution of the State of
Illinois of 1970 and the laws of the State; and,
WHEREAS,pursuant to 65 ILCS 5/8-2-9.4,the City adopted Ordinance No. 2019-24 on
April 9, 2019 adopting an annual budget for the fiscal year commencing on May 1, 2019 and
ending on April 30, 2020; and,
WHEREAS,pursuant to 65 ILCS 5/8-2-9.6,by a vote of two-thirds of the members of
the corporate authorities then holding office, the annual budget of the United City of Yorkville
may be revised by deleting, adding to, changing or creating sub-classes within object classes and
object classes themselves. No revision of the budget shall be made increasing the budget in the
event funds are not available to effectuate the purpose of the revision; and,
WHEREAS, funds are available to effectuate the purpose of this revision.
NOW THEREFORE,BE IT ORDAINED by the Mayor and City Council of the
United City of Yorkville, Kendall County, Illinois, as follows:
Section 1: That the amounts shown in Schedule A, attached hereto and made a part
hereof by reference, increasing and/or decreasing certain object classes and decreasing certain
fund balances in the Downtown TIF II fund with respect to the United City of Yorkville's 2019-
2020 Budget are hereby approved.
Section 2: This ordinance shall be in full force and effect from and after its passage and
approval according to law.
Ordinance No.2020-41
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
25th day of August,2020. .
a ?GeheLoa
CITY CLERK
KEN KOCH AYE DAN TRANSIER AYE
JACKIE MILSCHEWSKI AYE ARDEN JOE PLOCHER AYE
CHRIS FUNKHOUSER AYE JOEL FRIEDERS AYE
SEAVER TARULIS AYE JASON PETERSON AYE
Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this
078 day of 41UC US t' , 2020.
MAYO'
Ordinance No.2020-41
Page 3
Schedule A
DOWNTOWN TIF II FUND (89)
The Downtown TIF II was created in 2018,in order to help promote downtown redevelopment and support the existing
Downtown TIF.
FY 2020 FY 2020
FY 2017 FY 2018 FY 2019 Adopted Amended
Actual Actual Actual Budget Budget
Revenue
Taxes - - - - 24,171
Investment Earnings - - - - -
Total Revenue - - - - 24,171
Expenditures
Contractual Services - - 2,736 35,000 96,500
Total Expenditures - - 2,736 35,000 96,500
Surplus(Deficit) - - (2,736) (35,000) (72,329)
Ending Fund Balance 0 0 (2,736) (10,000) (75,065)
$0
v ($20) -
c
ra
N
o ($40) -
1—
($60) -
($80) -
1
United City of Yorkville
Downtown TIF 11 Fund
890
DOWNTOWN TIF II FUND REVENUE FY 2020 FY 2020
FY 2017 FY 2018 FY 2019 Adopted Amended
Account Description Actual Actual Actual Budget Budget
Taxes
89-000-40-00-4000 PROPERTY TAXES - - - - 24,171
Total: Taxes $0 $0 $0 $0 $24,171
Investment Earnings
89-000-45-00-4500 INVESTMENT EARNINGS - - - - -
Total: Investment Earnings $0 $0 SO $0 $0
Total: DOWNTOWN TIF II REVENUE $0 $0 $0 $0 $24,171
2
United City of Yorkville
Downtown TIF ll Fund
890
DOWNTOWN TIF II FUND EXPENDITURES FY 2020 FY 2020
FY 2017 FY 2018 FY 2019 Adopted Amended
Account Description Actual Actual Actual Budget Budget
Contractual Services
89-890-54-00-5425 TIF INCENTIVE PAYOUT - - - - 80,000
89-890-54-00-5462 PROFESSIONAL SERVICES - - 2,736 10,000 16,500
89-890-54-00-5470 FACADE REHAB PROGRAM - - - 25,000 -
Total: Contractual Services $0 $0 $2,736 $35,000 $96,500
Total: DOWNTOWN TIF II EXPENDITURES $0 $0 $2,736 $35,000 $96,500
3