===== PDF PAGE 53 ===== [Extraction: OCR (rendered-page OCR)] CITY OF WEST CHICAGO City Council Agenda Item Summary ITEM TITLE: AGENDANO.__o.N. 2021 Property Tax Levy Ordinance No. 21-O-0040 FILE NO. COMMITTEE AGENDA DATE: N/A COUNCIL AGENDA DATE: December 20, 2021 STAFF REVIEW: Linda M. Martin {_ —~_ SIGNATURE APPROVED BY CITY ADMINISTRATOR SIGNATURE ITEM SUMMARY: The total 2021 tax levy request, per attached Ordinance No. 21-0-0040, has been projected for the Fiscal Year 2022 Budget at $4,079,159.08. The 2021 tax levy proposal of $4,079,159.08 represents a 4.9 percent increase over the prior year tax levy, as directed by the Finance Committee and reflected within the proposed 2022 Budget. Because the City is a home rule municipality, the total levy request of $4,079, 159.08 may be levied as one line item, and as such, has been levied entirely for corporate purposes. In light of the moderate increase for the 2021 proposed tax levy over the prior year property tax amount levied, the estimated 2021 tax rate is estimated to slightly increase over the prior year rate by approximately $0.0054. The final 2021 tax rate has a direct correlation to the final equalized assessed valuation for Wayne and Winfield townships, and therefore, may vary slightly from the projected rate of .5050, should the assessors’ estimates be subject to modifications that result from Board of Review action, granting of home improvement exemptions, etc. As reported to the City, the Wayne Township Assessor is projecting a 3.09% increase in assessed value and $373,540 as estimated 2021 new construction. The Winfield Township Assessor has reported a 3.13% increase in assessed value and $19,150,450 as estimated 2021 new construction. ACTIONS PROPOSED: Recommend to City Council approval of a 2021 tax levy request for General Corporate Purposes in the amount of $4,079, 159.08. COMMITTEE RECOMMENDATION: This item was contained within the 2022 draft Budget. ===== PDF PAGE 54 ===== [Extraction: OCR (rendered-page OCR)] ORDINANCE NO. 21-0-0040 AN ORDINANCE LEVYING TAXES ON PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF WEST CHICAGO AS THAT PROPERTY IS ASSESSED AND EQUALIZED FOR STATE AND COUNTY PURPOSES FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2022 AND ENDING DECEMBER 31, 2022 WHEREAS, the City Council of the City of West Chicago, County of DuPage, State of Illinois, did on the 20th day of December 2021, approve the Annual Budget Ordinance for the City of West Chicago for the fiscal year beginning on the 1“ day of January 2022 and ending on the 31* day of December 2022, the total amount of which budgeted for the corporate purposes legally made is ascertained to be the aggregate sum of $4,079, 159.08. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of West Chicago, in regular session assembled; SECTION 1. That there be and is hereby levied upon all taxable property within the Corporate limits of said City of West Chicago, Illinois, for the said fiscal year beginning on the 1* day of January 2022, and ending on the 31st day of December 2022, the total sum of $4,079,159.08 for the specific purposes mentioned in said Budget Ordinance and in the various sums as follows to wit. SECTION 2. All ordinances and resolutions, or parts thereof, in conflict with the provisions of this Ordinance are, to the extent of such conflict, expressly repealed. SECTION 3. This Ordinance shall be in full force and effect from and after its passage, approval. and publication in pamphlet form as provided by law. SECTION 4. The City Clerk of the City of West Chicago is hereby authorized and directed to file with the County Clerk of said County of DuPage, State of Illinois, a duly certified copy of this Ordinance. PASSED THIS 20th day of December 2021. Alderman L. Chassee Alderman J. Beifuss Alderman J. Sheahan Alderman H. Brown Alderman A. Hallett Alderman C. Dettmann Alderman M. Birch-Ferguson Alderman S. Dimas Alderman C. Swiatek Alderman M. Garling Alderman J. Short Alderman R. Stout Alderman J. Jakabcsin Alderman J. Morano Babel MELT TT APPROVED as to form: Patrick K. Bond, City Attorney APPROVED this 20th day of December 2021. Ruben Pineda, Mayor ATTEST: Nancy M. Smith, City Clerk ===== PDF PAGE 55 ===== [Extraction: OCR (rendered-page OCR)] STATE OF ILLINOIS ) COUNTY OF DUPAGE |) I, Ruben Pineda, do hereby certify that | am the duly qualified and Mayor of the City of West Chicago, DuPage County, Illinois. | do further certify that provisions of Sections 4 through 7 of the “Truth in Taxation Act’ (Illinois Revised Statutes, Chapter 120, Section 861 through 869) are not applicable to the City of West Chicago in connection with its Tax Levy Ordinance 21-O- 0040 for the fiscal year beginning January 1, 2022, and ending December 31, 2022. IN WITNESS WHEREOF, | hereunto affix my official signature at West Chicago, Illinois this 20th day of December 2021. Mayor Ruben Pineda City of West Chicago (seal)