Ordinance 2024-45UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2024-45
AN ORDINANCE AUTHORIZING THE EIGHTH AMENDMENT TO THE ANNUAL BUDGET OF
THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR COMMENCING ON MAY 1, 2023
AND ENDING ON APRIL 30, 2024
Passed by the City Council of the
United City of Yorkville, Kendall County, Illinois
This 27t' day of August, 2024
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville, Kendall
County, Illinois on August 28, 2024.
STATE OF ILLINOIS
COUNTY OF KENDALL
- FILED -
AUG 3 0 2024
� COUNTY CLERK
KENDALLCOUNTY
Ordinance No. 2024-45
AN ORDINANCE AUTHORIZING THE EIGHTH AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2023 AND ENDING ON APRIL 30, 2024
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. 2023-14 on
April 25, 2023 adopting an annual budget for the fiscal year commencing on May 1, 2023 and
ending on April 30, 2024; and,
WHEREAS, pursuant to 65 ILCS 518-2-9.6, 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 Schedules A, B and C, attached hereto and made a
part hereof by reference, increasing and/or decreasing certain object classes and decreasing
certain fund balances in the Sunflower SSA, Countryside TIF & Downtown TIF II funds with
respect to the United City of Yorkville's 2023-2024 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. 2024-45
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
27`h day of August, A.D. 2024.
UITCLERK
KEN KOCH AYE DAN TRANSIER AYE
ARDEN JOE PLOCHER
AYE
CRAIG SOLING
AYE
CHRIS FUNKHOUSER
AYE
MATT MAREK
AYE
SEAVER TARULIS
ABSENT
RUSTY CORNEILS
AYE
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois
this day of , A.D. 2024.
MAYOR
Ordinance No. 2024-45
Page 3
ISchedule A I
SUNFLOWER SSA FUND (1
This fund was created for the purpose of maintaining the common areas of the Sunflower Estates (SSA 2006-119)
subdivision. Revenues for the fund are derived from property taxes levied on homeowners in the subdivision.
FY 2024 FY 2024 Unaudited
FY 2022 FY 2023 Adopted Amended FY 2024
Actual Actual Budget Bud et Actual
Revenue
Taxes $ 20,363 $ 21,000 $ 21,000 $ 21,000 $ 21,015
Total Revenue $ 20,363 S 21,000 $ 21,000 $ 21,000 $ 21,015
Expenditures
Contractual Services $ 9,569 $ 11,600 $ 18,640 S 22,090 $ 19,670
Total Expenditures $ 9,569 S 11,600 $ 18,640 $ 22,090 $ 19,670
Surplus (Deficit)
$ 10,794 $ 9,400 $ 2,360 $ (1,090) $ 1,345
-Ending Fund Balance $ 2,386 $ 11,786 S 10,746 $ 10,696 $ 13,131
$15 Fund Balance
ra
LA
S10
O
s
~ $5
$0
1
United City of Yorkville
Sunflower Special Service Area Fund
12
SUNFLOWER SSA FUND REVENUE
Account
Taxes
12-000-40-00-4000 PROPERTY TAXES
Total: Taxes
Total: SUNFLOWER SSA REVENUE
FY 2024 FY 21124 Unaudited
FY 2022 FY 2023 Adopted Amended FY 2024
Actual Actual Budget Budget Actual
S 20,363
$
21,000
$
21,000
$
21,000
$
21,015
S 20,363
S
21,000
S
21,000
$
21,000
$
21,015
S 20,363
S
21,000
S
21,000
S
21,000
S
21,015
2
United City of Yorkville
Sunflower Special Service Area Fund
112
SUNFLOWER SSA
EXPENDITURES
FY 2024
FY 2024
Unaudited
FY 2022
FY 2023
Adopted
Amended
FY 2024
Account
Actual
Actual
Budget
Rafts
Actual
Contractual Services
12-112-54-00-5416
POND MAINTENANCE
$ 3,268
$ 5,160
$ 5,000
$ 5,000
$ 2,580
12-I 12-54-00-5495
OUTSIDE REPAIR & MAINTENANCE
6,301
6,440
13,640
17,090
17,090
Total: Contractual Services
S 9,569
S 11,600
$ 18,640
S 22,090
$ 19,670
Total: SUNFLOWER SSA EXPENDITURES
$ 9,569
$ 11,600
$ 18 640
S 22,090
S 19,670
3
IScheduie B I
COUNTRYSIDE TIF FUND
The Countryside TIF was created in February of 2005, with the intent of constructing a future retail development at Countryside
Center. This TIF is located at the northwest corner of US Route 34 and [L Route 47.
FY 2024 FY 2024 Unaudited
FY 2022 FY 2023 Adopted Amended FY 2024
Actual Actual Budget Budget Actual
Revenue
Taxes $ 250,366 $ 232,124 $ 228,000 $ 228,000 $ 226,795
Total Revenue $ 250,366 $ 232 124 $ 228,000 $ 228,000 $ 226,795
Expenditures
Contractual Services $ 12,643 $ 16,983 $ 18,014 S 18,242 $ 18,055
Debt Service 209,316 207,370 209,422 209,422 209,422
Total Expenditures $ 221,959 $ 224,353 $ 227,436 $ 227,664 $ 227,477.
Surplus (Deficit)
28,407 $ 7,771 $ 564 $ 336 $ (682)
Endin Fund Balance $ 1 182 815 $ 1 175 044 $ 1 177 872 $ 1 174 708 $ 1 175 726
($1,170) -
($1,175)
w
3
O
($1,180) ZOOOO�
($1,185) 1
Fund Balance
United City of Yorkville
Countryside TIF Fund
87
COUNTRYSIDE TIF FUND REVENUE
FY 2024
FV 2024
Unaudited
FY 2022
FY 2023
Adopted
Amended
FY 2024
Account
Description
Actual
Actual
Budget
Budget
Actual
Taxes
87-000-40-00-4000
PROPERTY TAXES
$ 250,366
$ 232,124
$ 228,000
$ 228,000
$ 226,795
Total: Taxes
$ 250,366
S 232,124
$ 228,000
S 228,000
$ 226,795
Total: COUNTRYSIDE TIF REVENUE
$ 250,366
S 232,124
$ ___228,000
S 228,000
S 226,795
United City of Yorkville
Countryside TIF Fund
870
COUNTRYSIDE TIF FUND EXPENDITURES
FY 2024
FY 2824
Unaudited
FY 2022
FY 2023
Adopted
Amended
FY 2024
Account
Description
Actual
Actual
Budget
Budget
Actual
Contractual Services
87.870-54-00-5401
ADMINISTRATIVE CHARGEBACK
$
11,381
$
15,804
$ 16,314
$
16,314
$ 16,314
87-870-54-00-5462
PROFESSIONAL SERVICES
601
518
1,000
1,000
913
87-870-54-00-5498
PAYING AGENT FEES
661
661
700
928
928
Total: Contractual Services
$
12,643
S
16,983
S 18,014
S
18,242
S t8,055
Debt Service - 2015A Bond
87-870-77-00-8000
PRINCIPAL PAYMENT
$
112,455
S
116,424
$ 121,716
$
121,716
$ 121,716
87-870-77-00-8050
INTEREST PAYMENT
46,146
40,231
36,991
36,991
36,991
Total: Debt Service -2015A Bond
$
158,601
S
156,655
S 158,707
S
158,707
$ 158,707
Debt Service - 2014 Refunding Bond
87-870-93-00-8000
PRINCIPAL PAYMENT
$
$
$ -
$
-
$ -
87-870-93-00-9050
INTEREST PAYMENT
50,715
50,715
50,715
50,715
50,715
Total: Debt Service - 2014 Bond
S
50,715
$
50,715
$ 50,715
S
50,715
$ 50,715
Total: COUNTRYSIDE TIF
$
221,952
$
224,353
$ 227,436
S
227,664
$ 227,477
3
ISchedule C
DOWNTOWN TIF II FUND
The Downtown TIF II was created in 2018, in order to help promote downtown redevelopment and support the existing
Downtown TIF.
FY 2024 FY 2024 Unaudited
FY 2022 FY 2023 Adopted Amended FY 2024
Actual Actual Budget Budget Actual
Revenue
Taxes $ 78,764 $ 97,574 $ 146,000 $ 146,000 $ 145,465
Total Revenue $ 78,764 $ 97,574 $ 146,000 $ 146,000 $ 145,465
Expenditures
Contractual Services $ 22,173 $ 3,371 $ 11,000 $ 19,172 $ 16,913
Total Expenditures $ 22,173 $ 3,371 $ 11,000 $ 19,172 $ 16 913
Surplus (Deficit)
$ 56,591 $ 94,203 $ 135,000 $ 126,828 $ 128,552
Ending Fund Balance $ (6,625) $ 87,577 $ 61,943 $ 214,405 $ 216�129
$300
LA
$200
N
o $100
$0
($100)
Fund Balance
United City of Yorkville
Downtown TIF 11 Fund
890
DOWNTOWN TIF 11 FUND REVENUE
FY 2024
FY 2024
Unaudited
FY 2022
FY 2023
Adopted
Amended
FY 2024
Account Description
Actual
Actual
Budget
Budget
Actual
Taxes
89-000-40-00-4000 PROPERTY TAXES
$ 78,764
$ 97,574
$ 146,000
$ 146,000
$ 145,465
Total: Taxes
S 78,764
$ 97,574
$ 146,000
S 146,000
S 145,465
Total: DOWNTOWN TIF II REVENUE
S 78,764
S 97,574
S 146,000
S 146,000
S 145,465
2
United City of Yorkville
Downtown TIF 11 Fund
890
DOWNTOWN TIF
II FUND EXPENDITURES
FY 2024
FV 2024
Unaudited
FY 2022
FY 2023
Adopted
Amended
FY 2024
Account
Description
Actual
Actual
Budget
Budget
Actual
Contractual Services
89-890-54-00-5425
TIF INCENTIVE PAYOUT $
20,979
$ 1,809
$ 8,000
$ 16,172
$ 16,172
89-890-54-00-5462
PROFESSIONAL SERVICES
1,194
1,563
3,000
3,000
741
Total: Contractual Services $
22,173
$ 3,371
S 11,000
$ 19,172
S 16,913
Total: DOWNTOWN TIF 11 EXPENDITURES $
22,173
$ 3,371
S 11,000
$ 19,172
$ 16,913
3