Ordinance 2022-28 UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO. 2022-28
AN ORDINANCE AUTHORIZING THE FIFTH AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE,FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2021 AND ENDING ON APRIL 30,2022
Passed by the City Council of the
United City of Yorkville, Kendall County,Illinois
This 23`d day of August,2022
STATE°OF KE DAII
COIN FILED
SEP 01 2022
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Published in pamphlet form by the lJ'�
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authority of the Mayor and City Council
of the United City of Yorkville,Kendall
County, Illinois on August 25,2022.
Ordinance No. 2022-28
AN ORDINANCE AUTHORIZING THE FIFTH AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE,FOR THE FISCAL YEAR
COMMENCING ON MAY 1,2021 AND ENDING ON APRIL 30,2022
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. 2021-11 on
April 27, 2021 adopting an annual budget for the fiscal year commencing on May 1, 2021 and
ending on April 30, 2022; 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 2021-
2022 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.2022-28
Page 1
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
23rd day of August, A.D. 2022.
lj')L RILQ/A44
CIT CLERK
KEN KOCH AYE DAN TRANSIER AYE
ARDEN JOE PLOCHER AYE CRAIG SOLING AYE
CHRIS FUNKHOUSER ABSENT MATT MAREK AYE
SEAVER TARULIS AYE JASON PETERSON AYE
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois this
0 day of A9u, — , A.D. 2022.
MAYOR
Ordinance No.2022-28
Page 2
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 2022 FY 2022 Unaudited
FY 2020 FY 2021 Adopted Amended FY 2022
Actual Actual Budget Budget Actual
Revenue
Taxes $ 24,171 $ 47,342 $ 48,526 $ 48,526 $ 78,764
Miscellaneous - 761 - - -
Other Financing Sources 1,000 - - - -
Total Revenue&Transfers In $ 25,171 $ 48,103 $ 48,526 $ 48,526 $ 78,764
Expenditures
Contractual Services $ 96,235 $ 22,173 $ 30,500 S 41,805 $ 37,521
Total Expenditures $ 96,235 $ 22,173 $ 30,500 $ 41,805 $ 37,521
Surplus(Deficit) (71,064) 25,930 18,026 6,721 41,243
Ending Fund Balance $ (73,799) $ (47,869) $ (31,910) $ (41,148) $ (6,626)
$0
Fund Balance
c ($20)
C
($40)
($60)
($80)
1
United City of Yorkville
Downtown TIF II Fund
890
DOWNTOWN TIF II FUND REVENUE FY 2022 FY 2022 Unaudited
FY 2020 FY 2021 Adopted Amended FY 2022
Account Description Actual Actual Budget Budget , Actual
Taxes
89-000-40-00-4000 PROPERTY TAXES 24,171 47,342 48,526 48,526 78,764
Total: Taxes $24,171 $47,342 $48,526 $48,526 $78,764
Miscellaneous
89-000-48-00-4850 MISCELLANEOUS INCOME 761 - - -
Total: Miscellaneous $0 $761 $0 $0 $0
Other Financing Sources
89-000-49-00-4910 SALE OF CAPITAL ASSETS 1,000 - - - -
Total: Other Financing Sources $1,000 SO $0 $0 $0
Total: DOWNTOWN TIF II REVENUE $25,171 $48,103 S48,526 $48,526 $78,764
2
United City of Yorkville
Downtown TIF II Fund
890
DOWNTOWN TIF II FUND EXPENDITURES FY 2022 FY 2022 Unaudited
FY 2020 FY 2021 Adopted Amended FY 2022
Account Description Actual Actual Budget Budget Actual
Contractual Services
89-890-54-00-5425 TIF INCENTIVE PAYOUT 80,000 20,979 25,500 36,805 36,805
89-890-54-00-5462 PROFESSIONAL SERVICES 16,235 1,194 5,000 5,000 716
Total: Contractual Services $96,235 $22,173 $30,500 $41,805 $37,521
Total: DOWNTOWN TIF II EXPENDITURE', $96,235 $22,173 $30,500 $41,805 $37,521
3