Ordinance 2020-44 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2020-44
AN ORDINANCE AUTHORIZING THE FIRST AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2020 AND ENDING ON APRIL 30, 2021
Passed by the City Council of the
United City of Yorkville,Kendall County, Illinois
This 8th day of September,2020
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
SEP 2 2 2020
J• at, COUNTY CLERK
KENDALLCOUNTY
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County,Illinois on September 16,2020.
Ordinance No. 2020-44
AN ORDINANCE AUTHORIZING THE FIRST AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2020 AND ENDING ON APRIL 30,2021
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. 2020-26 on
April 14,2020 adopting an annual budget for the fiscal year commencing on May 1, 2020 and
ending on April 30, 2021; 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 2020-
2021 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.2020-44
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
8t' day of September, A.D. 2020.
Pzieet
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, K- i al ounty, Illinois
this / day of SEP Eivt aE/2.. , A.D. 2020.
ilk Al\
Nur
MAYOR
Ordinance No.2020-44
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.
Unaudited FY 2021 FY 2021
FY 2018 FY 2019 FY 2020 Adopted Amended
Actual Actual Actual Budget Budget
Revenue
Taxes - - 24,171 25,000 25,000
Other Financing Sources - - 1,000 - -
Total Revenue - - 25,171 25,000 25,000
Expenditures
Contractual Services - 2,736 96,235 22,500 44,500
Total Expenditures - 2,736 96,235 22,500 44,500
Surplus(Deficit) - (2,736) (71,064) 2,500 (19,500)
Ending Fund Balance 0 (2,736) (73,800) (66,065) (93,300)
$0 ♦—.
v, ($20)
c
ez
3 ($40)
0
1- ($60)
($100)
1
United City of Yorkville
Downtown TIF II Fund
890
DOWNTOWN TIF II FUND REVENUE Unaudited FY 2021 FY 2021
FY 2018 FY 2019 FY 2020 Adopted Amended
Account Description Actual Actual Actual Budget Budget
Taxes
89-000-40-00-4000 PROPERTY TAXES - - 24,171 25,000 25,000
Total: Taxes $0 $0 S24,171 $25,000 $25,000
Other Financing Sources
89-000-49-00-4910 SALE OF CAPITAL ASSETS - - 1,000 - -
Total: Other Financing Sources $0 $0 $1,000 SO $0
Total: DOWNTOWN TIF II REVENUE n a $25.171 $25,000 $25,000
2
United City of Yorkville
Downtown TIF 11 Fund
890
DOWNTOWN TIF II FUND EXPENDITURES Unaudited FY 2021 FY 2021
FY 2018 FY 2019 FY 2020 Adopted Amended
Account Description Actual Actual Actual Budget Budget
Contractual Services
89-890-54-00-5425 TIF INCENTIVE PAYOUT - - 80,000 17,500 39,500
KCJ Restoration Incentive
89-890-54-00-5462 PROFESSIONAL SERVICES - 2,736 16,235 5,000 5,000
89-890-54-00-5470 FACADE REHAB PROGRAM
- - - - -
Total: Contractual Services $0 $2,736 $96,235 $22,500 $44,500
Total: DOWNTOWN TIF II EXPENDITURES n $2,736 $96,235 $22,500 $44,500
3