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HomeMy WebLinkAbout082-O-23 Approving the 2024 Fiscal Year Budget of the City of Evanston~1~ 12/12/2023 82-O-23 AN ORDINANCE Approving the 2024 Fiscal Year Budget of the City of Evanston WHEREAS, 65 ILCS 5/8-2-9.1 et seq. and Title 1, Chapter 8 of the City Code, 2012, as amended, requires the City Manager to submit to the City Council a proposed budget for the ensuing fiscal year that presents a complete budget for revenues and expenditures plan for each fund; and WHEREAS, in accordance with legal requirements, the City Manager submitted the proposed budget for the 2024 fiscal year to the City Council for its review and the required hearings on said budget were conducted and properly noticed under the Illinois Open Meetings Act, 5 ILCS 120/1 et seq.; and WHEREAS, the City Council has reviewed the proposed budget, with a total expenditure amount of Four Hundred and Thirty-Eight million, Four Hundred- Sixteen Thousand, One Hundred and Twenty- Dollars ($438,416,120). NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: The foregoing recitals hereby found as fact and incorporated herein by reference. SECTION 2: That the City Council hereby adopts the City of Evanston’s 2024 fiscal year budget, with a total expenditure amount of Four Hundred and Thirty- Eight million, Four Hundred-Sixteen Thousand, One Hundred and Twenty- Dollars ($438,416,120), summarized in the document attached hereto as Exhibit A and Page 1 of 3 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c ~2~ incorporated herein by reference, and hereby directs the City Manager to implement said budget. SECTION 3: That this Ordinance 82-O-23 shall be in full force and effect from and after its passage and approval in the manner provided by law. Introduced: , 2023 Approved: Adopted: , 2023 , 2023 _ Daniel Biss, Mayor Attest: Approved as to form: Alexandra B. Ruggie, Interim Corporation CounselStephanie Mendoza, City Clerk Page 2 of 3 December 11 December 11 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c December 14 EXHIBIT A City of Evanston – Fiscal Year 2024 Adopted Budget Summary Fund 2024AdoptedBudget 100GENERALFUND 143,927,543 170AMERICANRESCUEPLAN 25,108,091 175GENERALASSISTANCEFUND 1,420,890 176HUMAN SERVICESFUND 5,258,432 177REPARATIONSFUND 3,501,000 178SUSTAINABILITYFUND 2,000,488 180GOODNEIGHBORFUND 3,314,000 185LIBRARYFUND 9,941,147 186LIBRARYDEBTSERVICEFUND 574,677 187LIBRARYCAPITALIMPROVEMENTFD 550,000 200MOTORFUELTAXFUND 6,620,000 205EMERGENCYTELEPHONE(E911)FUND 1,777,823 210SPECIALSERVICEAREA(SSA)#9 575,000 215CDBGFUND 3,115,538 220CDBGLOANFUND 440,000 240HOMEFUND 2,021,202 250AFFORDABLEHOUSINGFUND 2,927,538 320DEBTSERVICEFUND 15,466,634 330HOWARD­RIDGETIFFUND 478,513 335WESTEVANSTONTIFFUND 4,407,000 340DEMPSTER­DODGETIFFUND 178,857 345CHICAGO­MAINTIF 797,490 350SPECIALSERVICEAREA(SSA)#6 220,000 355SPECIALSERVICEAREA(SSA)#7 140,000 360SPECIALSERVICEAREA(SSA)#8 60,200 365FIVEFIFTHTIFFUND 100,000 415CAPITALIMPROVEMENTSFUND 25,218,500 416CROWN CONSTRUCTIONFUND 819,178 417CROWN COMMUNITYCTRMAINTENANCE 175,000 420SPECIALASSESSMENTFUND 878,202 505PARKINGSYSTEMFUND 9,431,364 510WATERFUND 87,557,403 515SEWERFUND 11,406,267 520SOLIDWASTEFUND 7,273,783 600FLEETSERVICESFUND 4,213,122 601EQUIPMENTREPLACEMENTFUND 3,365,167 605INSURANCEFUND 22,994,770 700FIREPENSION FUND 12,209,300 705POLICEPENSION FUND 17,952,000 GrandTotal 438,416,120 Page 3 of 3 Doc ID: 8f7b8b433b2778d7dfd5c02bb88552b750d22a5c