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Home My WebLink AboutO-24-40VILLAGE OF DEERFIELD CERTIFICATE I, Daniel Van Dusen, Deputy Village Clerk of the Village of Deerfield, Illinois, hereby certify that the foregoing ordinance entitled: "0-24-40: An Ordinance Levying Taxes for Corporate Purposes for the Current Fiscal Year, Commencing on the First Day of January, 2025, and Ending on the Thirty First Day of December, 2025, for the Village of Deerfield, Lake and Cook Counties," is a true copy of an original ordinance that was duly passed and adopted by the recorded affirmative votes of a majority of the members of the President and Board of Trustees of the Village at a meeting thereof that was duly called and held at 7:30 p.m. on December 2, 2024, at the Village Hall, 850 Waukegan Road, and at which a quorum was present and acting throughout, and that said copy has been compared by me with the original ordinance signed by the Village President on December 2, 2024, and recorded in the Ordinance Book of the Village and that it is a correct transcript thereof and of the whole of said ordinance, and that said ordinance has not been altered, amended, repealed or revoked, but is in full force and effect. I further certify that the agenda for said meeting included the ordinance as a matter to be considered at the meeting and that said agenda was posted at least 48 hours in advance of the holding of the meeting in the manner required by the Open Meetings Act, 5 Illinois Compiled Statutes 120, and was continuously available for public review during the 48-hour period preceding the meeting. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Village, this 3'd day of Dfttmber , 2024. OF �FF (SEAL) ' �,%•�Q OR��'`Q��•? :; • �O 'qA �ATT� �J- 1, L DANIEL VAN DUSEN Deputy Village Clerk 850 WAUKEGAN ROAD DEERFIELD, ILLINOIS 60015 TELEPHONE 847.945.5000 FAX 847.945.0214 ORDINANCE 0-24-40 AN ORDINANCE LEVYING TAXES FOR CORPORATE PURPOSES FOR THE CURRENT FISCAL YEAR, COMMENCING ON THE FIRST DAY OF JANUARY, 2025, AND ENDING ON THE THIRTY FIRST DAY OF DECEMBER, 2025, FOR THE VILLAGE OF DEERFIELD LAKE AND COOK COUNTIES ILLINOIS BE IT ORDAINED by the Mayor and Board of Trustees of the Village of Deerfield, Lake and Cook Counties, Illinois, that: SECTION 1. A tax for the following sums of money, or as much thereof as may be authorized by law, to defray all expenses and liabilities of the Village, be and the same is hereby levied for the purposes specified against all taxable property in the Village for the fiscal year commencing on the first day of January, 2025, and ending on the thirty first day of December, 2025. BUDGETED GENERAL CORPORATE FUND AMOUNT_ ADMINISTRATIVE DEPARTMENT (Org. 101111, 101210, 101330, 102110) Personnel Services $5,465,002 Other Services 53,050 Contractual Services 5,978,576 Commodities 104,800 Capital Outlay 137,300 Transfers Out 2,239,560 ADMINISTRATIVE DEPARTMENT TOTAL 13,978,288 PUBLIC SAFETY - POLICE DEPARTMENT Personnel Services 10,906,772 Other Services 188,975 Contractual Services 1,249,521 Commodities 156,055 Capital Outlay 197,622 Transfers Out 259,229 PUBLIC SAFETY TOTAL _ 12,958,174 STREET DIVISION - PUBLIC WORKS LEVY AMOUNT Personnel Services 1,409,075 Other Services 4,000 Contractual Services 1,051,952 Commodities 467,600 Capital Outlay 214,200 Transfers Out _ 268,000 STREET DIVISION TOTAL 3,414,827 TOTAL GENERAL CORPORATE FUND 30,351,289 WATER FUND WATER DIVISION - PUBLIC WORKS Personnel Services 1,132,018 Other Services 3,500 Contractual Services 654,395 Commodities 4,489,750 Capital Outlay/Transfers out 398,300 4,389,570 0 0 0 0 0 4,389,570 0 4,389,570 TOTAL WATER FUND 6,677,963 0 SEWER HIND SEWER DIVISION - PUBLIC WORKS Personnel Services Other Services Contractual Services Commodities Debt Service Capital Outlay/Transfer Out TOTAL SEWER FUND GARAGE FUND GARAGE DIVISION - PUBLIC WORKS Personnel Services Other Services Contractual Services Commodities Capital Outlay/Transfer Out TOTAL GARAGE FUND VEHICLE & EQUIPMENT REPLACEMENT FUND Capital Outlay TOTAL VEHICLE 8, EQUIPMENT REPLACEMENT FUND INFRASTRUCTURE REPLACEMENT FUND Contractual Services Capital Outlay TOTAL INFRASTRUCTURE REPLACEMENT FUND DOWNTOWN TIF #3 Contractual Services TOTAL DOWNTOWN TIF#3 FUND 04 BUDGETED AMOUNT 2,091,525 11,600 823,377 656,450 1,671,778 224,040 5,478,770 LEVY AMOUNT 0 0 0 0 0 0 334,200 0 6,300 0 29,400 0 128,000 0 6,800 0 504,700 0 1,701,087 0 1,701,087 0 1,065,000 0 4,535,000 0 5,600,000 0 100,000 0 100,000 0 DEBT SERVICE FUND GO Series 2011 B - $725,000 of Levy to Sinking Fund GO Series 2015 GO Series 2017 GO Series 2018 GO Series 2020 GO Series 2021 - Village and Library Budgeted Fiscal Agent Fees TOTAL DEBT SERVICE FUND 2011 B SINKING FUND Contractual Services Transfers out TOTAL 2011 B SINKING FUND POLICE PENSION FUND Personnel Services (Benefit Payments) Contractual Services TOTAL POLICE PENSION FUND MOTOR FUEL TAX FUND Capital Outlay TOTAL MOTOR FUEL TAX FUND REFUSE FUND Personnel Services Contractual Services Commodities Capital Outlay/Transfer Out TOTAL REFUSE FUND COMMUTER PARKING LOTS FUND Personnel Services Other Services Contractual Services Commodities Capital Outlay TOTAL COMMUTER PARKING LOTS FUND BUDGETED AMOUNT LEVY AMOUNT 499,200 1,225,000 669,200 669,200 439,438 439,438 437,330 437,330 741,463 741,463 1,741,650 1,050,950 5,000 0 4,533,281 4,563,381 1,500 0 50,000 0 51,500 0 3,915,000 0 78,300 0 3,993,300 0 1,300,000 0 1,300,000 0 0 0 1,609,900 0 22,700 0 146,250 0 1,778,850 0 44,000 0 75,000 0 90,800 0 8,300 0 0 0 218,100 0 DEERFIELD PUBLIC LIBRARY FUNDS Personnel Services Other Services Contractual Services Commodities Capital Outlay GO Series 2021 - Library Portion* TOTAL DEERFIELD PUBLIC LIBRARY FUND 2024 SUMMARY OF TAX LEVIES GENERAL CORPORATE FUND ADMINISTRATIVE DEPARTMENT PUBLIC SAFETY STREET DIVISION WATER FUND SEWER FUND GARAGE FUND VEHICLE & EQUIPMENT REPLACEMENT FUND INFRASTRUCTURE REPLACEMENT FUND DOWNTOWN TIF #3 DEBT SERVICE FUND 2011 B SINKING FUND POLICE PENSION FUND MOTOR FUEL TAX FUND REFUSE FUND COMMUTER PARKING LOTS FUND SUBTOTAL VILLAGE OF DEERFIELD FUNDS BUDGETED AMOUNT LEVY AMOUNT 3,946,250 3,946,250 496,750 0 623,000 318,750 573,000 573,000 0 0 690,700 690,700 6,329,700 5,528,700 BUDGETED AMOUNT LEVY AMOUNT 13,978,288 0 12,958,174 4,389,570 3,414,827 0 6,677,963 0 5,478,770 0 504,700 0 1,701,087 0 5,600,000 0 100,000 0 4,533,281 4,563,381 51,500 0 3,993,300 0 1,300,000 0 1,778,850 0 218,100 0 62,288,840 8,952,951 DEERFIELD PUBLIC LIBRARY General Corporate Fund and Capital Improvements 5,639,000 4,838,000 Debt Service Fund - Series 2021 690,700 690,700 SUBTOTAL DEERFIELD PUBLIC LIBRARY FUNDS TOTAL ALL FUNDS 4 6.329.700 5,528,700 68,618,540 14,481,651 SECTION 2. That the Village Clerk is hereby directed to file with the County Clerks of Lake and Cook Counties, Illinois, on or before the last Tuesday in December, A.D. 2024, a copy of this ordinance duly certified by said Village Clerk. SECTION 3. That this ordinance shall be in full force and effect from and after its passage and approval. PASSED: December 2, 2024 AYES: Benton, Berg, Goldstone, Jacoby, Oppenheim NAYS: None ABSENT: Metts-Childers ATTEST: APPROVED: Villagk Clerk Mayor 5 Village of Deerfield - Exhibit A 2024 Property Tax Levy with comparison to 2023 2023 2024 2024 2024 Percent Dollar Fund Levy Levy Abatements Net. Change Change Purpose Extended Budget (Reduction) Levy (23 -+24) (23 --> 24) General Fund $4,220,740 $4,389,570 $0 $4,389,570 4.00% $168,830 Scavenger Fund 0 0 0 0 - 0 Infrastructure 0 0 0 0 - 0 Debt Service Fund 4,202,192 4,563,381 359,239 4,204,142 0.05% 1,950 Total Village Levies 2.03% 8,422,932 8,952,951 359,239 8,593,711 170,779 Library Library Debt Service 4,607,500 689,700 4,838,000 690,700 0 0 4,838,000 690,700 5.00% 0.140/6 230,500 1,000 Total 2.93% 13,720,132 14,481,6511 359,239 14,122,411 402,279 11 /6/2024 Exhibit 6 2024 Property Tax Levy with Five Year Comparison Proposed Fund 2020 2021 2022 2023 2024 General 3,752,222 3,902,311 4,058,403 4,220,740 4,389,570 Scavenger 0 0 0 0 0 Infrastructure 0 0 0 0 0 Debt Service (net) 4,122,351 4,155,492 4,175,792 4,202,192 4,204,142 Total Village 7,874,573 8,057,803 83234,195 8,422,932 8,593,711 Library 5,113,331 5,066,450 5,069,950 5,297,200 5,528,700 Combined Levy 12,987,904 13,124,253 13,304,145 13,720,132 14,122,411 Tax Rate History EAV 1,479,532,161 1,466,012,476 1,520,213,882 1,583,205,059 1,614,869,160 Tax Rate( per $100) (est) Village (blended) 0.532 0.550 0.542 0.532 0.532 Library (blended) 0.346 0.346 0.334 0.335 0.342 Combined 0.878 0.895 0.8751 0.867 0.875 11 /6/2024 Exhibit C - Abatement Analysis - Debt Service - 2024 Levy Corporate Corporate Corporate Corporate Corporate Corporate Corporate QECB Purpose Purpose Purpose Purpose Purpose Purpose Purpose 2011E 2015 2017 2018 2020 2020 2021 2021 WRF non-WRF WRF non-WRF WRF Total Debt Service Levies $1,225,000 $669,200 $439,438 $437,330 $296,585 $444,878 $324,250 $726,700 $4,563,381 Abate from: General Fund 0 BAB Rebate 0 QECB Rebate 359,239 359,239 Total Abatement 359,239 0 0 0 0 0 0 0 359,239 Net Levy $865,761 $669,200 $439,438 $437,330 $296,585 $444,878 $324,250 $726,700 $4,204,142 11/612024 Exhibit D 2023 Property Tax Levy with Three Year Projection Proposed Projected Projected Projected Fund 2023 2024 2025 2026 2027 General 4,220,740 4,389,570 4,565,152 4,747,758 4,937,669 Scavenger 0 0 0 0 0 Infrastructure 0 0 0 0 0 Debt Service (net) 4,202,192 4,204,142 4,222,541 4,241,541 4,153,266 8,422,932 8,593,711 8,787,693 8,989,299 9,090,935 Total Village Library 5,297,200 5,528,700 5,749,848 5,979,842 6,219,036 Combined Levy 13,720,132 14,122,411 14,537,541 14,969,141 15,309,970 Tax Rate History EAV 1,583,205,059 1,614,869,160 1,647,166,543 1,680,109,874 1,713,712,072 Tax Rate( per $100) (est) (est) (est) (est) Village 0.532 0.532 0.534 0.535 0.530 Library 0.335 0.342 0.349 0.356 0.363 Combined 0.8671 0.8751 0.883 0.891 0.893 2025 through 2027 projections include 4% increases in the General and Library levies. Actual levies will be determined in future years. Exhibit E Effect on a Median Priced House ($500,000 market value) Village -Only Tax Levy 2023 Village Tax $886.70 2024 Village Tax $904.67 2025 Village Tax $925.10 2026 Village Tax $946.32 2027 Village Tax $957.02 11 /6/2024 NOTICE OF PROPERTY TAX LEVY FOR THE VILLAGE OF DEERFIELD (INCLUDING THE DEERFIELD PUBLIC LIBRARY) I. A public hearing to approve a proposed property tax levy for the Village of Deerfield (including the Deerfield Public Library) for 2024 will be held on Monday, November 18, 2024, at 7:30 PM at the Deerfield Village Hall, 850 Waukegan Road. Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Kent Street, Village Clerk, 850 Waukegan Rd., Deerfield, Illinois, 60015, (847) 945-5000. II. The corporate and special purpose property taxes extended or abated for 2023 were $8,828,240. The pro osed corporate and special purpose property taxes to be levied for 2024 are 9,227,570. This represents a 4.52% increase over the previous year. III. The property taxes extended for debt service and public building commission leases for 2023 were $4,891,892. The estimated property taxes to be levied for debt service and public building commission leases for 2024 are $5,254,081. This represents a 7.40% percent increase from the previous year. IV. The total property taxes extended or abated for 2023 were $13,720,132. The estimated total property taxes to be levied for 2024 are $14,481,651. This represents a 5.55% increase over the previous year. Any notice which includes any information not specified and required by this Article shall be an invalid notice. All hearings shall be open to the public. The corporate authority of the taxing district must explain the reasons for the proposed levy and shall permit persons desiring to be heard an opportunity to present testimony within reasonable time limits as the authority determines. TO: Kent Street, Village Manager FROM: Eric Burk, Director of Finance DATE: November 19, 2024 SUBJECT: 2024 Property Tax Levy and Abatement The amount of the 2024 Village levy was determined during the 2025 budget process. The total levy, as indicated in the budget, required by bond ordinances, and requested and approved by the Library, is $14,481,651. This is the pre -abatement number. The breakdown of the levy is indicated in the column marked "2024 Levy" in Exhibit A. Debt service abatements total $359,239 and bring the net levy to $14,122,411. The Truth in Taxation hearing notice was published on November 7, 2024 and the hearing was held during the Board meeting on November 18, 2024. The ordinances adopting the levy and abating the levy for debt service are attached. I recommend you seek Board approval for them.