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HomeMy WebLinkAbout089-O-23 Levying Taxes for the Special Service Area No. 9 (successor to SSA #4) of the City of Evanston, County of Cook, and State of Illinois, for the Fiscal year Beginning January 1, 2024, and Ending December 31, 202411/06/2023 89-O-23 AN ORDINANCE Levying Taxes for the Special Service Area No. 9 (successor to SSA #4) of the City of Evanston, County of Cook, and State of Illinois, for the Fiscal year Beginning January 1, 2024, and Ending December 31, 2024 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That, in order to meet expenses and liabilities of the Special Service Area No. 9 of the City of Evanston, Illinois, for the fiscal year beginning January 1, 2024, there is hereby levied on all real property subject to taxation within the limits of said Special Service Area No. 9 of the City of Evanston as assessed and equalized for the year 2023, the sum of Six hundred Ten thousand Nine hundred Ninety-Five dollars ($610,995.00), being the total 2024 budget plus allowances for allowable collection losses (3%), which are to be collected from the tax levy of Special Service Area No. 9 of the City of Evanston for the year 2023. SECTION 2: That there be appropriated the sum of the sum of Six hundred Ten thousand Nine hundred Ninety-Five dollars ($610,995.00), for the Evanston Special Service Area 9, as outlined in the City of Evanston FY24 Proposed Budget – Tax Levy Year 2023 to be Received in FY2024. ~1~ Page 1 of 3 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c 89-O-23 Special Service Area No. 9 Fund Budget Source Other Than Taxation Levy Taxes Administration $307,015 $25,250 $281,765 Marketing $93,000 $12,500 $80,500 Public way Expenses $232,700 $2,300 $230,400 SUBTOTAL $632,715 $40,050 $592,665 Collection Losses (3%)$18,330 TOTAL TAXATION $610,995 SECTION 3: Per City ordinance 161-O-19, under no circumstances shall the total annual amount levied exceed 0.2460% of the Special Service Area No. 9 equalized assessed valuation for the duration of the ten (10) year SSA period. SECTION 4: That the foregoing recitals are found as fact and made a part hereof. SECTION 5: That all ordinances or parts of ordinances in conflict herewith are repealed. SECTION 6: That this ordinance 89-O-23 shall be in full force and effect from and after its passage, approval, and publication in the manner provided by law. Page 2 of 3 ~2~ Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c 89-O-23 Introduced: _______________, 2023 Adopted: _________________, 2023 Approved: ___________________________, 2023 ________________________________ Daniel Biss, Mayor Attest: ______________________________ Stephanie Mendoza, City Clerk Approved as to form: ________________________________ Alexandra B. Ruggie, Interim Corporation Counsel November 6 December 11 ~3~ Page 3 of 3 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c December 14