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HomeMy WebLinkAboutOrdinance 41-O-26 Authorizing the City of Evanston City Manager to Amend the Total Fiscal Year 2025 Budget (2) 05/11/2026 41-O-26 AN ORDINANCE Authorizing the City of Evanston City Manager to Amend the Total Fiscal Year 2025 Budget by ($35,082,535), from $395,488,418 (including interfund transfers) to a new total of $360,405,883. WHEREAS, a total budget increase of seven million, three hundred and twenty- three thousand, four hundred and seventeen dollars ($7,317,465) is required due to the following twelve funds: Fund 2025 Adopted Budget 2025 Actual Expenses Budget to Actual Variance Adjustment 100 GENERAL FUND 151,278,402 157,117,700 (5,839,297) 5,900,000 177 REPARATIONS FUND 1,301,000 1,311,500 (10,500) 10,500 180 GOOD NEIGHBOR FUND 3,164,000 3,776,056 (612,056) 612,056 185 LIBRARY FUND 10,007,246 10,202,629 (195,383) 195,383 205 EMERGENCY TELEPHONE (E911) FUND 1,862,841 2,092,096 (229,255) 229,255 206 FOREIGN FIRE INSURANCE 200,000 262,582 (62,582) 62,582 340 DEMPSTER-DODGE TIF FUND 205,343 215,240 (9,897) 9,897 345 CHICAGO-MAIN TIF 1,158,000 1,212,667 (54,667) 54,667 355 SPECIAL SERVICE AREA (SSA) #7 140,000 142,001 (2,001) 2,001 361 SPECIAL SERVICE AREA (SSA) #10 90,000 92,624 (2,624) 2,624 416 CROWN CONSTRUCTION FUND 788,429 930,898 (142,469) 142,469 520 SOLID WASTE FUND 6,925,058 7,021,089 (96,031) 96,031 WHEREAS, a total budget decrease of forty-two million, four hundred thousand dollars ($42,400,000) can be reduced from the following six funds: Fund 2025 Adopted Budget 2025 Actual Expenses Budget to Actual Variance Adjustment 170 AMERICAN RESCUE PLAN 18,062,975 5,418,149 12,644,826 (12,000,000) 187 LIBRARY CAPITAL IMPROVEMENT FD 1,900,000 - 1,900,000 (1,900,000) 215 CDBG FUND 3,788,998 1,513,933 2,275,065 (2,000,000) 240 HOME FUND 2,275,912 135,469 2,140,443 (1,500,000) 415 CAPITAL IMPROVEMENTS FUND 26,222,000 14,867,551 11,354,449 (10,000,000) 510 WATER FUND 68,788,582 46,565,801 22,222,781 (15,000,000) Page 1 of 3 41-O-26 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That the Council authorize the Fiscal Year 2025 budget be reduced from three hundred and ninety-five million, four hundred and eighty-eight thousand, four hundred and eighteen dollars ($395,488,418), including interfund transfers, to three hundred sixty million, four hundred and five thousand, eight hundred and eighty-three dollars ($360,405,883), including interfund transfers, as summarized in the document attached hereto and incorporated herein as Exhibit A. SECTION 3: That approval of this ordinance shall authorize the City Manager to expend and/or encumber up to three hundred sixty million, four hundred and five thousand, eight hundred and eighty-three dollars ($360,405,883) for Fiscal Year 2025 for all Funds. SECTION 4: That this Ordinance 41-O-26 shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. ______________________________ ______________________________ Daniel Biss, Mayor Approved as to form: _______________________________ Alexandra B. Ruggie, Corporation Counsel Page 2 of 3 Attest: _______________________________ Stephanie Mendoza, City Clerk Introduced: ______________________ Adopted: ________________________ Approved: 41-O-26 Exhibit A. Fund 2025 Adopted Budget 2025 Actual Expenses Budget to Actual Variance Adjustment Revised Budget 100 GENERAL FUND 151,278,402 157,117,700 (5,839,297) 5,900,000 157,178,402 170 AMERICAN RESCUE PLAN 18,062,975 5,418,149 12,644,826 (12,000,000) 6,062,975 175 GENERAL ASSISTANCE FUND 1,342,920 1,301,401 41,519 - 1,342,920 176 HUMAN SERVICES FUND 6,360,977 5,306,427 1,054,550 - 6,360,977 177 REPARATIONS FUND 1,301,000 1,311,500 (10,500) 10,500 1,311,500 178 SUSTAINABILITY FUND 1,706,513 934,233 772,280 - 1,706,513 180 GOOD NEIGHBOR FUND 3,164,000 3,776,056 (612,056) 612,056 3,776,056 185 LIBRARY FUND 10,007,246 10,202,629 (195,383) 195,383 10,202,629 186 LIBRARY DEBT SERVICE FUND 576,946 576,948 (2) - 576,946 187 LIBRARY CAPITAL IMPROVEMENT FD 1,900,000 - 1,900,000 (1,900,000) - 200 MOTOR FUEL TAX FUND 6,359,650 5,878,513 481,137 - 6,359,650 205 EMERGENCY TELEPHONE (E911) FUND 1,862,841 2,092,096 (229,255) 229,255 2,092,096 206 FOREIGN FIRE INSURANCE 200,000 262,582 (62,582) 62,582 262,582 210 SPECIAL SERVICE AREA (SSA) #9 642,145 642,145 (0) - 642,145 215 CDBG FUND 3,788,998 1,513,933 2,275,065 (2,000,000) 1,788,998 220 CDBG LOAN FUND 306,565 31,568 274,997 - 306,565 240 HOME FUND 2,275,912 135,469 2,140,443 (1,500,000) 775,912 250 AFFORDABLE HOUSING FUND 2,362,480 873,748 1,488,732 - 2,362,480 320 DEBT SERVICE FUND 15,988,861 15,988,861 0 - 15,988,861 330 HOWARD-RIDGE TIF FUND 857,413 445,615 411,798 - 857,413 335 WEST EVANSTON TIF FUND 2,823,340 1,093,619 1,729,721 - 2,823,340 340 DEMPSTER-DODGE TIF FUND 205,343 215,240 (9,897) 9,897 215,240 345 CHICAGO-MAIN TIF 1,158,000 1,212,667 (54,667) 54,667 1,212,667 350 SPECIAL SERVICE AREA (SSA) #6 220,000 212,734 7,267 - 220,000 355 SPECIAL SERVICE AREA (SSA) #7 140,000 142,001 (2,001) 2,001 142,001 360 SPECIAL SERVICE AREA (SSA) #8 60,200 54,923 5,277 - 60,200 361 SPECIAL SERVICE AREA (SSA) #10 90,000 92,624 (2,624) 2,624 92,624 365 FIVE FIFTH TIF FUND 1,224,370 788,272 436,098 - 1,224,370 415 CAPITAL IMPROVEMENTS FUND 26,222,000 14,867,551 11,354,449 (10,000,000) 16,222,000 416 CROWN CONSTRUCTION FUND 788,429 930,898 (142,469) 142,469 930,898 417 CROWN COMMUNITY CTR MAINTENANCE 175,000 - 175,000 - 175,000 420 SPECIAL ASSESSMENT FUND 1,880,681 1,214,986 665,695 - 1,880,681 505 PARKING SYSTEM FUND 11,883,699 11,216,270 667,429 - 11,883,699 510 WATER FUND 68,788,582 46,565,801 22,222,781 (15,000,000) 53,788,582 515 SEWER FUND 10,483,001 9,825,231 657,770 - 10,483,001 520 SOLID WASTE FUND 6,925,058 7,021,089 (96,031) 96,031 7,021,089 600 FLEET SERVICES FUND 4,204,265 3,928,363 275,902 - 4,204,265 601 EQUIPMENT REPLACEMENT FUND 5,496,912 5,226,935 269,977 - 5,496,912 605 INSURANCE FUND 22,373,693 21,918,908 454,785 - 22,373,693 Grand Total 395,488,418 340,337,685 55,150,733 (35,082,535) 360,405,883 Page 3 of 3