Loading...
HomeMy WebLinkAboutOrdinance 2026-61UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2026-61 AN ORDINANCE AUTHORIZING THE THIRD AMENDMENT TO THE ANNUAL BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR COMMENCING ON MAY 1, 2026 AND ENDING ON APRIL 30, 2027 (2026B Debt Certificates) Passed by the City Council of the United City of Yorkville, Kendall County, Illinois This 8"' day of September, 2026 STATE OF ILLINOIS COUNTY OF KENDALL FILED SEP 18 2026 ' ` "ems Published in pamphlet form by the authority of the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois on September 18, 2026. COUNTY CLERK KENOALL COUNTY Ordinance No. 2026-61 AN ORDINANCE AUTHORIZING THE THIRD AMENDMENT TO THE ANNUAL BUDGET OF THE UNITED CITY OF YORKVILLE, FOR THE FISCAL YEAR COMMENCING ON MAY 1, 2026 AND ENDING ON APRIL 30, 2027 (2026B Debt Certificates) 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. 2026-35 on April 14, 2026 adopting an annual budget for the fiscal year commencing on May 1, 2026 and ending on April 30, 2027; 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 water fund with respect to the United City of Yorkville's 2026-2027 Budget are hereby approved. Ordinance No. 2026-61 Page 2 Section 2. This ordinance shall be in full force and effect from and after its passage and approval according to law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this St' day of September, A.D. 2026. CITY CLERK KEN KOCH AYE DAN TRANSIER AYE ARDEN JOE PLOCHER AYE CHRIS FUNKHOUSER AYE RUSTY CORNEILS AYE CRAIG SOLING MATT MAREK RUSTY HYETT APPROVED by me, as Mayor of the United City of Yorkville, this 1 day of , A.D. 2026. .f� Attest: QM CY�"—bnx Tvt CITY CLERK AYE AYE AYE County, Illinois Ordinance No. 2026-6I Page 3 Schedule A J WATER FUND (51) The Water Fund is an enterprise fund which is comprised of both a capital and operational budget. The capital portion is used for the improvement and expansion of water infrastructure, while the operational side is used to service and maintain City water systems. FY 2027 FY 2027 FY 2024 FY 2025 FY 2026 Adopted Amended Actual Actual Projected Budget Budget Revenue Taxes $ 241,229 $ 758,809 $ 780,000 $ 795,600 $ 795,600 Intergovernmental 365,706 36,868 480,544 1,850,000 1,850,000 Charges for Service 6,760,108 7,304,247 8,754,349 10,666,943 10,666,943 Investment Earnings 439,142 531,849 708,220 350,000 350,000 Reimbursements 249,591 3,879,318 2,043,476 13,050 13,050 Miscellaneous 122,537 112,827 142,520 167,962 167,962 Other Financing Sources 10,276,496 25,617,760 84,157,081 82,181,668 82,181,668 Total Revenue $ 18,454,809 $ 38,241,678 $ 97,066,190 $ 96,025,223 $ 96,025,223 Expenditures Salaries $ 548,812 $ 592,005 $ 693,000 $ 822,600 $ 822,600 Benefits 301,089 282,613 327,264 446,613 446,613 Contractual Services 1,262,595 1,702,907 3,569,151 2,877,453 2,877,453 Supplies 605,658 566,427 396,412 526,076 526,076 Capital Outlay 11,980,358 30,863,987 50,571,314 127,095,439 127,095,439 Debt Service 900,131 1,304,517 1,964,324 3,916,196 4,026,691 Other Financinp, Uses _ - - 895,703 897,183 897,183 Total Expenses $ 15,598,643 $ 35,312,456 $ 58,417,168 $ 136,581,560 $ 136;692;055 Surplus (Deficit) $ 2,856,166 $ 2,929,222 $ 38,649,022 $ (40,556,337) $ (40,666,832) Ending Fund Balance Equivalent $ 6,812,139 $ 9,741,361 $ 48,390,383 $ 7,941,046 $ 7,723,551 417% 27.6% 82.8% 5.8% 5.7% $Eio,000 $50,000 a $40,000 s $30,000 ti $20,000 $10,000 $0 United City of Yorkville Water Fund 51 WATER FUND REVENUE F1' 2027 FV 2027 Fl 2024 FY 2025 FY 2026 Adopted Amended Account Description Actual Aetna{ Projected Budget ®ndw Taxes 51-000-40-00-4095 PLACES OF EATING TAX $ 241,229 $ 758,809 $ 780,000 $ 795,600 $ 795,600 Total: Taxes S 241,229 S 758,809 $ 780,000 $ 795,600 S 795,600 Intergovernmental 51-000-41-00-4160 FEDERAL GRANTS $ 225,000 $ - $ 260,544 $ 150,000 $ 150,000 51-000-41-00-4164 STATE GRANTS - ILLINOIS RTE 47 (IDOT) 40,706 36,868 220,000 1,700,000 1,700,000 51-000-41-00-4166 STATE GRANT - DCEO - GENERAL INFRA 100,000 - - - - Total: Taxes S 365,706 $ 36,868 S 480,544 $ 1,850,000 $ 1,850,000 Charges for Services 51-000-44-00-4424 WATER SALES $ 4,440,648 $ 5,524,267 $ 7,558,403 $ 9,942,178 $ 9,942,178 51-000-44-00-4425 BULK WATER SALES - 1,750 I0,000 1,500 1,500 51-000-44-OD-4426 LATE PENALTIES - WATER 180,971 185,352 233,000 298,265 298,205 51-000-44-00-4430 WATER METER SALES 226,203 132,824 190,000 125,000 125,000 51-000-44-OD-4440 WATER INFRASTRUCTURE FEE 926,414 961,942 162,946 - - 51-000-44-00-4450 WATER CONNECTION FEES 985,872 498,112 600,000 300,000 300.000 Total: Charges for Services $ 6,760,108 S 7,304,247 S 8,754,349 S 10,666,943 S 10,666,943 Investment Earnings 51-000-45-00-4500 INVESTMENT EARNINGS $ 422,704 $ 528,626 $ 708,220 $ 350,000 $ 350,000 51-000-45-4550 GAINS ON INVESTMENT 16,438 3,223 - - - Total: Investment Earnings S 439,142 $ 531,849 S 708,220 $ 350,000 S 350,000 Reimbursements 51-000-46-00-4662 REIMB - YBSD $ 59,574 S 444,909 $ 104,000 S 13,050 S 13,050 51-000-46-00-4665 REIMB - LINCOLN PRAIRIE 179,336 3,431,869 1,703,501 - - 51-000-46-00-4666 REIMB - WATER PLANNING - - 235,000 - 51-00046-00-4690 REIMB - MISCELLANEOUS 10,681 2,540 975 - - Total: Reimbursements $ 249,591 $ 3,879,318 $ 2,043,476 S 13,050 $ 13,050 Miscellaneous 51-000-48-00-4820 RENTAL INCOME $ 119,395 $ 111,069 $ 113,398 $ 116,962 $ 116,962 51-000-48-00-4850 MISCELLANEOUS INCOME 3,142 1,758 29,122 51,000 51,000 Total: Miscellaneous $ 122,537 S 112,827 S 142,520 $ 167,962 S 167,962 Other Financing Sources 51-000-49-00-4900 BOND PROCEEDS $ 9,985,000 $ 25,000,000 $ - $ - $ - 51-000-49-00-4903 PREMIUM ON BOND ISSUANCE 112,744 444,201 - - 51-000-49-00-4904 [EPA LOAN PROCEEDS - - 11,021,908 16,849,919 16,849,919 51-000-49-00-4907 DEBT CERTIFICATE PROCEEDS 50,000,000 - - 51-000-49-00-4908 LOAN PROCEEDS - WIFIA - 23,079,807 65-277,011 65,277,011 2 United City of Yorkville Water Fund 51 WAFER FUND REVENUE Account Description 51-000-49-00-4923 TRANSFER FROM CITY-WIDE CAPITAL 51-000-49-00-4952 TRANSFER FROM SEWER Total: Other Financing Sources FY 2027 FY 2©27 FY 2024 FY 2025 FY 2026 Adopted Amended Actual Actual Projected Budget Hadget 104,627 104,034 55 366 54,738 54,738 74,125 69,525 - - - S 10,276,496 S 25,617,760 S 84,157,081 $ 82,181,668 S 82,181,668 Total: WATER FUN} REVENUE $ 18A54,809 S 38,241,678 S 97,066,190 S 96,025 223 $ 96,025,223 Q United City of Yorkville WaterFund 510 WATER OPERATIONS FY 2027 F V 2027 FY 2024 FY 2025 FY 2016 Adopted Amended Account Description Actual Actual Projected Budget Badges Salaries 51-510-50-00-5010 SALARIES & WAGES S 534,606 $ 554,371 $ 640,000 $ 767,600 S 767,600 51-510-50-04-5015 PART-TIME SALARIES - 19,913 22,000 23,000 23,000 51-510-50-00-5020 OVERTIME 14,206 17,721 31,000 32,000 32,000 Total: Salaries 5 548,812 S 592,005 S 693,000 $ 822,600 S 822,600 Benefits 51-510-52-00-5212 RETIREMENT PLAN CONTRIBUTION $ 34,455 S 35,245 S 50,500 $ 63,727 $ 63,727 51-510-52-00-5214 FICA CONTRIBUTION 40,531 43,934 52,000 60,320 60,320 51-510-52-00-5216 GROUP HEALTH INSURANCE 178,588 149,352 158,601 238,723 238,723 51-510-52-00-5222 GROUP LIFE INSURANCE 936 689 782 1,189 1,189 51-510-52-00-5223 DENTAL INSURANCE 9,231 12,262 13,202 19,056 19,056 51-510-52-04-5224 VISION INSURANCE 1,597 1,398 1,437 1,944 1,844 51-510-52-00-5230 UNEMPLOYMENT INSURANCE 1,833 1,248 2,500 3,000 3,000 51-510-52-00-5231 LIABILITY INSURANCE 35028 38,485 48,242 58,754 58,754 Total: Benefits S 301,089 S 282,613 $ 327,264 S 446,613 S 446,613 Contractual Services 51-510-54-00-5401 ADMINISTRATIVE CHARGEBACK S 138,174 S 109,735 S t32,963 $ 148,852 $ 148,852 51-510-54-00-5402 BOND ISSUANCE COSTS 93,038 129,074 720,000 - - 51-510-54-00-5404 WATER METER REPLACEMENT PROGRAM - 328,520 1,236,961 1,000,000 1,000,000 51-510-54-OD-5412 TRAINING & CONFERENCES 3,986 7,770 5,000 9,200 9,200 51-510-54-00-5415 TRAVEL & LODGING 1,172 784 1000 4,000 4,000 51-510-54-00-5415 COMPUTER REPLACEMENT CHARGEBACK 756 7,209 8,006 6,310 6,310 51-510-54-00-5426 PUBLISHING & ADVERTISING 1,851 1,678 1,000 1,000 1,000 51-510-54-00-5429 WATERSAMPLES 12,383 17,471 15,000 15,000 15,000 51-510-54-00-5430 PRINTING & DUPLICATING 3,191 3,097 3,500 3,500 3,500 51-510-54-00-5437 VEHICLE MAINTENANCE CHARGEBACK - - - 22,872 22,872 5 1 -510-54-00-5440 TELECOMMUNICATIONS 84,924 26,161 30,000 35,000 35,000 51-510-54-00-5445 TREATMENT FACILITY SERVICES 306,536 285,486 500,000 500,000 MUM 51-510-54-00-5448 FILING FEES 932 281 1,500 2,500 _ ,500 2 51-510-54-00-5452 POSTAGE & SHIPPING 26,208 33,398 35,000 37,500 37,500 51-510-54-00-5453 BUILDING & GROUNDS CHARGEBACK 27,290 23,045 25,305 27,853 27,853 51-510-54-00-5460 DUES & SUBSCRIPTIONS 1,820 571 2,000 2,500 2,500 51-510-54-00-5462 PROFESSIONAL SERVICES 106,976 134,761 165,000 200,000 200,000 51-510-54-00-5465 ENGINEERING SERVICES 44062 134,056 129,535 260,500 ?60,500 51-510-54-00-5480 UTILITIES 381,204 444,175 500,000 530,000 530,000 5 1 -510-54-00-5483 JULIE SERVICES 3,777 2,717 4,500 4,500 4,500 51-510-54-00-5485 RENTAL & LEASE PURCHASE 1,548 4,921 12,500 5,000 5,000 51-510-54-00-5488 OFFICE CLEANING 1,480 1,801 1,881 11,726 11,726 ►1 United City of Yorkville Water Fund 510 WATER OPERATIONS FY 2027 FV 2027 FY 2024 FY 2025 FY 2026 Adopted Amended Account Description Actual Actual Projected Budget Budget 51-510-54-00-5490 VEHICLE MAINTENANCE SERVICES 11,302 1,566 12,000 8,040 8 o40 51-510-54-00-5495 OUTSIDE REPAIR & MAINTENANCE 6,996 4,155 15,000 15,000 €5,000 51-51D-54-00-5498 PAYING AGENT FEES 1,299 1,022 1,500 16,600 16,600 51-510-54-00-5499 BAD DEBT 1,900 453 10,000 10,000 10,000 Total: Contractual Services S 1,262,595 S L,702,907 S 3569,151 S 2,877,453 S 2,877,453 Supplies 51-510-56.00-5600 WEARING APPAREL 5 5,457 $ 7,716 $ 8,000 $ 9,000 S 9,000 51-510-56-00-5620 OPERATING SUPPLIES 11,487 12,137 12,000 13,500 13,500 51-510-56-00-5628 VEHICLE MAINTENANCE SUPPLIES 1,699 4,746 2,500 2,500 2,500 51-510-56-00-5630 SMALL TOOLS & EQUIPMENT 7,413 4,731 5,000 5,000 5,000 51-510-56-00-5638 TREATMENT FACILITY SUPPLIES 235,677 269,747 270,000 270,000 270,000 51-510-56-00-5640 REPAIR & MAINTENANCE 43,666 44,298 35,000 40,000 40,000 51-510-56-00-5664 METERS & PARTS 209,724 196,594 30,000 150,000 150,000 51-510-56-00-5665 JULIE SUPPLIES 2,289 5,730 3,000 3,000 3,000 51-510-56-00-5695 GASOLINE 28,247 20,728 30,912 33,076 33,076 Total: Supplies S 605,658 S 566,427 $ 396,412 $ 526,076 S 526,076 Capital Outlay 51-510-60-00-6011 WATER SOURCING - DWC $ 4,261,087 S 18,883,893 $ 40,328,684 $ 113,982,793 $ 113,982,793 51-510-60-00-6015 WATER TOWER REHABILITATION 657,844 522 - - - 51-510-60-00-6020 BUILDING IMPROVEMENTS - 50,874 12,000 30,000 30,000 51-510-60-00-6022 WELL REHABILITATIONS 293,096 226,773 879 - - 51-510-60-00-6024 LINCOLN PRAIRIE IMPROVEMENTS 179,336 3,431,869 1,703,501 - - 51-510-60-00-6025 WATER MAIN REPLACEMENT PROGRAM 6,222,486 4,165,911 5,184,959 7,690,646 7,690,646 51-510-60-00-6029 WELL 910 / MAIN & TREATMENT PLANT 231,991 3,931,297 1,506,559 60,000 60,000 51-510-60-00-6035 RTE 47 IMPROV (WATER PARK WAY 1 JERICHO) 40,706 36,868 85,000 107,000 107,000 5 1-5 10-60-00-6039 RTE 47 IMPROV (KENNEDY I WATER PARK WAY) - - 135,000 1,700,000 1,700,000 51-510-60-00-6044 RTE 47 IMPROV (RTE 71 / CATON FARM) - 210,000 3,375,000 3,375,000 51-510-60-00-6059 US 34 (IL 47 / ORCHARD RD) PROJECT 23,709 - - - - 51-510-60-00-6060 EQUIPMENT - 44,910 85,000 25,000 25,000 51-510-60-00-6065 BEAVER STREET BOOSTER STATION 13,260 - - - - 51-510-60-00-6066 RTE 71 WATERMAIN REPLACEMENT - - 15,053 - - 51-510-60-00-6068 WELL #7 STANDBY GENERATOR 8,406 44,463 1,069,679 60,000 60,000 51-510-60-00-6070 VEHICLES 48,437 46,607 - 65,000 65,000 51-510-60-00-6072 WATER PLANNING - DATA CNTR DVLP - - 235,000 - - TotaL- Capital Outlay $ 11,980,358 S 30,863,987 S 50,571,314 $ 127,095,439 S 127,095,439 Debt Service - 2015A Bond 51-510-77-00-8000 PRINCIPAL PAYMENT $ 338,284 $ 349,315 $ 158,111 $ 161,788 S 161,788 5 1 -510-77-00-8050 INTEREST PAYMENT 102,809 89279 75,305 68,981 68,981 Total: Debt Service - 2015A Bond S 441,093 S 438,593 S 233,416 $ 230,769 $ 230,769 »i u 510 WATER OPERATIONS Account Description United City of Yorkville Water Fund FY 2027 FY 2027 FY 2024 FY 2025 FY 2026 Adopted Amended Actual Actual Projected Budget Bufget Debt Service - 2023A Band 51-510-86-00-8000 PRINCIPAL PAYMENT S $ 150,000 $ 165,000 $ 170,000 $ 170,DD0 51-510-86-00-8050 INTEREST PAYMENT 185,758 451,844 444,344 436,094 436,094 Total: Debt Service - 2023A Bond $ 185,758 S 601,844 S 609,344 $ 606,094 $ 606,094 Debt Service - 2026 Debt Certificates 51-510-87-00-8000 PRINCIPAL PAYMENT $ - $ $ - $ - $ - 51-510-87-00-8050 INTEREST PAYMENT 1,633,069 1,633,069 Total: Debt Service - 2026 Debt Certificates $ - $ S - S 1,633,069 S 1,633,069 Debt Service - 2025A Bond 51-510-88-00-8000 PRINCIPAL PAYMENT $ 51-510-88-00-8050 INTEREST PAYMENT 996,534 1,153,544 1,153 544 Total: Debt Service - 2025A Bond S - S - $ 996,534 S 1,153,544 $ 1,I53,544 Debt Service - IEPA Loan L 17-156300 51-510-89-00-9000 PRINCIPAL PAYMENT $ 115,333 $ 118,235 $ 121,209 $ 61,744 $ 61,744 51-510-89-00-8050 INTEREST PAYMENT 9,697 6,795 3,821 772 772 Total: Debt Service - II. EPA Loan 156390 $ 125,030 $ 125,030 $ 125,030 S 62,516 S 62,516 Debt Service -IEPA Loan L17-6789 51-510-89-00-8000 PRINCIPAL PAYMENT $ - $ $ $ 132,322 $ 132,322 51-510-89-00-8050 INTEREST PAYMENT 97,882 97,882 Total: Debt Service - IL EPA Loan 6789 S - $ - $ - $ 230,204 S 230,204 Debt Service - 2026H Debt Certificates 51-510-91-00-8000 PRINCIPAL PAYMENT $ $ $ $ $ 51-510-91-00-8050 INTEREST PAYMENT 110,495 Total: Debt Service - 2026B Debt Certificates $ - $ - $ - $ - S 110,495 Debt Service - 2014C Refunding Bond 51-510-94-00-8000 PRINCIPAL PAYMENT $ 140,000 $ 135,000 $ $ $ - 51-510-94-00-8050 INTEREST PAYMENT 8,250 4,050 - - Total: Debt Service - 2014C Ref Bond $ 148,250 S 139,050 S - S Other Financing Uses 51-510-99-00-9924 TRANSFER TO BUILDINGS & GROUNDS $ - $ - $ 895,7D3 $ 897,183 S 897,183 Total: Other Financing Uses S - S - $ 895,703 S 897,183 S 897,183 Total: WATER OPERATIONS $ 15,598 6643 $ 35,312,456 S 58,417,168 S 136,581560 $ 136,692,055 u