Ordinance 2025-58UNITED CITY OF YORKVILLE
KENDALL COUNTY, ILLINOIS
ORDINANCE NO.2025-58
AN ORDINANCE AUTHORIZING THE SECOND AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2025 AND ENDING ON APRIL 30, 202b
Passed by the City Council of the
United City of Yorkville, Kendall County, Illinois
This 12" day of August, 2025
IYATE OF ILLH?il-,S
COUNTY OFKENDi%LL
- F i L [y f) -
AUG 15 2025
COUNTYCLERK
KENDALLCOt!WY
Published in pamphlet form by the
authority of the Mayor and City Council
of the United City of Yorkville, Kendall
County, Illinois on August 15, 2025.
Ordinance No. 2025-58
AN ORDINANCE AUTHORIZING THE SECOND AMENDMENT TO THE ANNUAL
BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR
COMMENCING ON MAY 1, 2025 AND ENDING ON APRIL 30, 2026
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. 2025-28 on
April 8, 2025 adopting an annual budget for the fiscal year commencing on May 1, 2025 and
ending on April 30, 2026; 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 I: 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 2025-
2026 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. 2025-58
Page 2
Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this
12th day of August, A.D. 2025.
KEN KOCH
AYE
DAN TRANSIER
ABSENT
ARDEN JOE PLOCHER
AYE
CRAIG SOLING
AYE
CHRIS FUNKHOUSER
AYE
MATT MAREK
AYE
RUSTY CORNEILS
ABSENT
RUSTY HYETT
AYE
APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois
J.
this 14 day of �A , A.D. 2025.
Ordinance No. 2025-58
Page 2
Schedule A
DOWNTOWN TIF II FUND (89)
The Downtown TIF I1 was created in 2018, in order to help promote downtown redevelopment and support the existing
Downtown TIF.
Unaudited FY 2026 FY 2026
FY 2023 FY 2024 FY 2025 Adopted Amended
Actual Actual Actual Budget Burl et
Revenue
Taxes
$
97,574
$
145,465
$
215,723
$
296,932
$
296,932
Total Revenue
$
97,574
$
145,465
$
215,723
$
296,932
$
296,932
Expenditures
Contractual Services
$
3,371
$
16,913
$
58,079
$
32,020
$
32,020
Capital Outlay
-
-
2,643
5,000
95,000
Debt Service
-
-
150,000
150,000
150,000
Total Expenditures
$
3,371
$
16,913
$
210,722
$
187,020
$
277,020
Surplus (Deficit) $ 94,203 $ 128,552 $ 5,001 $ 109,912 $ 19,912
Ending Fund Balance $ 87,577 $ 216129 $ 221,130 $ 3382089 $ 241042
$400
$350
a $300
$250
$200
r
$150
$100
$50
$0
1
United City of Yorkville
Downtown TIF If Fund
890
DOWNTOWN TIF 11 FUND REVENUE
Unaudited
FY 2026
FY 2026
FY 2023
FY 2024
FY 2025
Adopted
Amended
Account
Description
Actual
Actual
Actual
Budget
Budget
'faxes
89-000-40-00-4000
PROPERTY TAXES
S 97,574
$ 145,465
$ 215,723 $
296,932
$ 296,932
Total: Taxes
$ 97,574
S 145,465
$ 215,723 $
296,932
S 296,932
Total: DOWNTOWN TD7I1 REVENUE
S 97,574
S 145 46S
$ 215,723 S
296,932
S 296,932
2
United City of Yorkville
Downtown TIF II Fund
890
DOWNTOWN TIF II FUND EXPENDITURES
Unaudited
FY 2026
FY 1026
FY 2023
FY 2024
FY 2025
Adopted
Amended
Account
Description
Actual
Actual
Actual
Budget
Budget
Contractual Services
89-890-54-00-5425
TIF INCENTIVE PAYOUT
S
1,808
$ 16,172
$ 28,175
$ 29,020
$ 29,020
89-890-54-00-5462
PROFESSIONAL SERVICES
1,563
741
29,904
3,000
3,000
Total: Contractual Services
$
3,371
$ 16,913
$ 58,079
$ 32,020
$ 32,020
Capital Outlay
89-890-60-00-6000
PROJECT COSTS
$
-
S -
$ 2,643
$ 5,000
$ 95,000
Total: Capital Outlay
$
S
$ 2,643
$ 5,000
$ 95,000
Debt Service - FS Property
89-890-94-00-8000
PRINCIPAL PAYMENT
$
$
$ 150,000
$ 150,000
S 150,000
Total: Debt Service
$
S
$ 150,000
$ 150,000
$ 150,000
Total: DOWNTOWN TIF II EXPENDITURE' $
3,371
S 16,913
$ 210,722
$ 187,020
S 277,020
3