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S-1586 - 12/10/2019 - BUDGET - Ordinances ITEM 11.13.1 BOARD OF TRUSTEES MEETING VILLAGE OF SAMUEL E. DEAN BOARD ROOM OAK BR , K BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of December 10, 2019 SUBJECT: 2020 Municipal Budget FROM: Jason Paprocki, Finance Director J BUDGET SOURCE/BUDGET IMPACT: Ordinance establishing the 2020 Budget. RECOMMENDED MOTION: I move that the Village Board adopt Ordinance 2019-BU-EX- S-1586 "An Ordinance Adopting the Budget of the Village of Oak Brook for 2020". Background/History: The Village of Oak Brook operates under the Budget Officer Act as outlined in Chapter 24,Section 8-2-9 of the Illinois Compiled Statutes, as revised. The Act requires the Village President and Board of Trustees to adopt the annual budget prior to the beginning of the fiscal year to which it applies and provides that the budget shall serve as the Village's annual appropriation ordinance. The 2020 budget workshops were conducted on November 18 and 19,2019 to review the proposed budget and receive feedback. The budget was made available for public inspection on the Village's website on November 1, 2019. Notification is required by State Statute to be given at least ten (10)days prior to its passage by publication in a newspaper of a public hearing which is held before the final action of the budget to obtain resident comments. The notification was published in the Daily Herald newspaper on November 12, 2019. The 2020 Budget contains the following changes from the proposed document reviewed during the workshops: • The General Fund revenue and expenditure budget was changed for the addition of one patrol officer to cover for the Village's participation in the Illinois Statewide Auto Theft Task Force (ISATTF), transfer of one officer to join the ISATTF, and related reimbursement revenue for salary and benefits for the participating officer. This change BOT AGENDA Page 1 FG increased General Fund expenditures by $144,515 and increased General Fund revenues by$176,395. o The program 621 (Police Field Services) budget decreased from $5,749,290 to $5,716,660 to transfer the salary and benefits of one officer to the ISATTF and add the salary and benefits of a starting patrol officer replacement. o The program 631 Support Services General budget increased from $845,810 to $1,022,955 to record the salary and benefits of the ISATTF officer. o Revenue account 10-44160 (ISATTF Reimbursement) was added for$176,395 to offset the salary and benefits of the ISATTF officer. • The Sports Core Fund capital outlay for program 831 (Golf Club General Operations)was increased$50,000 for the Golf Club lounge renovations. In addition, the transfer revenue from Golf Surcharge was increased $50,000. Previously, these amounts appeared in the Proposed Budget as $350,000 each, but were changed to $400,000 based on discussions from the budget workshop meetings. • The Golf Surcharge Fund transfer to Sports Core was increased $50,000, from $350,000 to $400,000,based on discussions from the budget workshop meetings related to the Golf Club lounge renovation project. The attached Exhibit A reflects a summary of all funds estimated 2020 revenues and expenditures. Recommendation: I move that the Village Board adopt Ordinance 2019-BU-EX-S-1586 "An Ordinance Adopting the Budget of the Village of Oak Brook for fiscal year 2020". BOT AGENDA Page 2 VILLAGE OF OAK BROOK, ILLINOIS EXHIBIT A Budget Summaries Revenue and Expenditures Comparison Summary Fiscal Year 2020 Budgeted Budgeted Net Fund Fund Revenues Expenditures Increase/(Decrease) General Fund $ 26,128,780 $ 26,094,365 $ 34,415 Special Revenue Funds Hotel/Motel Tax 1,287,500 1,629,850 (342,350) Motor Fuel Tax 319,250 1,350,000 (1,030,750) Capital Project Funds Infrastructure Fund 7,756,005 13,882,015 (6,126,010) Promenade TIF 476,500 508,790 (32,290) Enterprise Funds Water Works System 10,696,725 13,596,760 (2,900,035) Sports Core 5,141,735 5,273,065 (131,330) Golf Surcharge 117,500 400,000 (282,500) Internal Service Funds Self Insurance 3,548,730 3,521,165 27,565 Garage 738,315 788,090 (49,775) Equipment Replacement 335,660 275,985 59,675 TOTAL ALL FUNDS $ 56,546,700 $ 67,320,085 $ (10,773,385) THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS ORDINANCE 2019-BU-EX-S-1586 AN ORDINANCE ADOPTING THE BUDGET OF THE VILLAGE OF OAK BROOK FOR 2020 GOPAL G. LALMALANI, Village President CHARLOTTE K. PRUSS, Village Clerk JOHN BARR PHILIP CUEVAS MICHAEL MANZO MOIN SAIYED EDWARD TIESENGA ASIF YUSUF Village Board Published in pamphlet form by authority of the President and the Board of Trustees of the Village of Oak Brook on this the 10th day of December, 2019 Ordinance 2019-BU-EX-S-1586 Adopting 2020 Budget Page 2 of 3 ORDINANCE 2019-BU-EX-S-1586 AN ORDINANCE ADOPTING THE BUDGET OF THE VILLAGE OF OAK BROOK FOR 2020 BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Findings: The President and Board of Trustees find that the tentative annual budget of the Village of Oak Brook for 2020 has been conveniently available to public inspection for at least ten(10) days prior to its passage in pamphlet form as prescribed by the corporate authorities. A public hearing has been held prior to final action on the budget,notice of which hearing was given by publication in a newspaper having general circulation in the Village of Oak Brook, said notice having been published at least one week prior to the time of hearing. The hearing on the budget was held not less than one week after the tentative annual budget was published, by placing it on file with the Village Clerk for public inspection. Section 2: The sums set forth for the purposes indicated in the 2020 Municipal Budget of the Village of Oak Brook attached hereto and made a part hereof are hereby budgeted to pay all necessary expenses and liabilities of the Village of Oak Brook for the fiscal period beginning January 1, 2020 and ending December 31, 2020. Section 3: The Village of Oak Brook hereby approves and adopts the 2020 Municipal Budget as attached hereto. Section 4: In case of a vacancy in any office specified in this Ordinance, the Appointing Authority shall not be required to fill such office, if, in his or her judgment or discretion, there is no necessity therefore. Section 5: The 2020 Municipal Budget may be amended as provided by law. Section 6: This ordinance shall be in full force and effect from and after passage and approval pursuant to law. [SIGNATURE PAGE FOLLOWS] Ordinance 2019-BU-EX-S-1586 Adopting 2020 Budget Page 3 of 3 APPROVED THIS l Wh day of December, 2019. Gopal G. Lalmalani Village President PASSED THIS I Oh day of December, 2019. Ayes: Trustee Baar, Cuevas, Manzo, Saiyed Tiesenga Yusuf Nays: NONE Absent: NONE A ®F 04k � ATTEST: � !a . O fill/ / Charlotte K. Pruss ko G Village Clerk g �0UN -1