Loading...
HomeMy WebLinkAboutOrdinance 56-O-25_ Approving the Fiscal Year 2026 Budget of the City of Evanston~2~~2~ 11/10/2025 56-O-25 AN ORDINANCE Approving the 2026 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 2026 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 (excluding interfund transfers) of three hundred forty- two million, one hundred eight thousand, ninety-seven dollars ($342,108,097) and total interfund transfers of sixty-one million, nine hundred four thousand, seven hundred ninety-nine dollars ($61,904,799); 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 Page 1 of 3 ~2~~2~ Evanston’s 2026 fiscal year budget, with a total expenditure amount (excluding interfund transfers) of three hundred forty-two million, one hundred eight thousand, ninety-seven dollars ($342,108,097) and total interfund transfers of sixty-one million, ninety-nine nine hundred four thousand, seven hundred dollars ($61,904,799), for a total of four hundred four million, twelve thousand, eight hundred ninety-six dollars ($404,012,896), summarized in the document attached hereto as Exhibit A and incorporated herein by reference, and hereby directs the City Manager to implement said budget. SECTION 3: That this Ordinance 56-O-25 shall be in full force and effect from and after its passage and approval in the manner provided by law. Introduced:_________________, 2025 Adopted:___________________, 2025 Approved: __________________________, 2025 _______________________________ Daniel Biss, Mayor Attest: _____________________________ Stephanie Mendoza, City Clerk Approved as to form: _______________________________ Alexandra Ruggie, Corporation Counsel Page 2 of 3 November 10 November 24 EXHIBIT A City of Evanston – Fiscal Year 2026 Adopted Budget Summary Fund FY 2026 Adopted Expenditures FY 2026 Adopted Transfers Out FY 2026 Total (Including Transfers) General Fund (100) $ 105,464,449 $ 42,265,279 $ 147,729,728 Parks and Recreation Fund (130) $ 15,380,202 $ 880,000 $ 16,260,202 American Rescue Plan (170) $ 10,838,341 $ 700,000 $ 11,538,341 General Assistance Fund (175) $ 1,380,191 $ - $ 1,380,191 Human Services Fund (176) $ 6,616,338 $ - $ 6,616,338 Reparations Fund (177) $ 1,101,000 $ - $ 1,101,000 Sustainability Fund (178) $ 1,526,309 $ - $ 1,526,309 Good Neighbor Fund (180) $ - $ 3,556,750 $ 3,556,750 Library Fund (185) $ 10,189,695 $ 360,325 $ 10,550,020 Library Debt Service Fund (186) $ 547,823 $ - $ 547,823 Library Capital Improvement Fund (187) $ 1,155,000 $ - $ 1,155,000 Motor Fuel Tax Fund (200) $ 6,120,000 $ - $ 6,120,000 Emergency Telephone (E911) Fund (205) $ 1,714,170 $ 119,142 $ 1,833,312 Foreign Fire Insurance (206) $ 200,000 $ - $ 200,000 Special Service Area (SSA) #9 (210) $ 675,000 $ - $ 675,000 CDBG Fund (215) $ 1,862,559 $ - $ 1,862,559 CDBG Loan Fund (220) $ 308,000 $ - $ 308,000 PRO Housing Fund (230) $ 1,000,000 $ - $ 1,000,000 Home Fund (240) $ 2,074,988 $ - $ 2,074,988 Affordable Housing Fund (250) $ 2,695,872 $ - $ 2,695,872 Debt Service Fund (320) $ 15,722,798 $ - $ 15,722,798 Howard-Ridge TIF Fund (330) $ 780,574 $ 347,313 $ 1,127,887 West Evanston TIF Fund (335) $ 3,980,574 $ 110,550 $ 4,091,124 Dempster-Dodge TIF Fund (340) $ 204,787 $ 195,123 $ 399,910 Chicago-Main TIF (345) $ 1,300,574 $ 308,370 $ 1,608,944 Special Service Area (SSA) #6 (350) $ 210,000 $ - $ 210,000 Special Service Area (SSA) #7 (355) $ 146,392 $ - $ 146,392 Special Service Area (SSA) #8 (360) $ 62,006 $ - $ 62,006 Special Service Area (SSA) #10 (361) $ 97,595 $ - $ 97,595 Five-Fifths Fund (365) $ 1,825,148 $ 73,850 $ 1,898,998 Capital Improvements Fund (415) $ 31,628,000 $ - $ 31,628,000 Crown Construction Fund (416) $ 300,060 $ 629,869 $ 929,929 Crown Maintenance Fund (417) $ 175,000 $ - $ 175,000 Special Assessment Fund (420) $ 500,050 $ 165,676 $ 665,726 Parking System Fund (505) $ 7,031,840 $ 3,638,639 $ 10,670,479 Water Fund (510) $ 58,447,828 $ 6,183,505 $ 64,631,333 Sewer Fund (515) $ 11,486,994 $ 1,951,808 $ 13,438,802 Solid Waste Fund (520) $ 7,169,170 $ 418,600 $ 7,587,770 Fleet Services Fund (600) $ 4,410,955 $ - $ 4,410,955 Equipment Replacement Fund (601) $ 2,800,000 $ - $ 2,800,000 Insurance Fund (605) $ 22,977,815 $ - $ 22,977,815 TOTAL: $ 342,108,097 $ 61,904,799 $ 404,012,896 Page 3 of 3