===== PDF PAGE 47 ===== [Extraction: OCR (rendered-page OCR)] CITY OF WEST CHICAGO CITY COUNCIL AGENDA ITEM SUMMARY ITEM TITLE: AGENDA ITEM NUMBER: __/. ©. 2022 Property Tax Levy Ordinance No. 2022-0-0039 FILE NUMBER: COMMITTEE AGENDA DATE: N/A COUNCIL AGENDA DATE: December 19, 2022 STAFF REVIEW: Nikki Giles SIGNATURE Anal Un b i APPROVED BY CITY ADMINISTRATOR: SIGNATURE. ITEM SUMMARY: The total 2022 tax levy request, per attached Ordinance No. 2022-0-0039, has been projected for the Fiscal Year 2023 budget at $4,380,452.65. The 2022 tax levy proposal of $4,380,452.65 represents a 4.9 percent increase over the prior year tax levy. The final 2022 tax rate has a direct correlation to the final equalized assessed valuation of Wayne and Winfield townships, and therefore, may vary slightly from the projected rate of .5117 should the assessor’s estimates be subject to modifications. As reported to the City, the Wayne Township Assessor is projecting a 5.34% increase in assessed value and $317,330 as estimated 2022 new construction. The Winfield Township Assessor has reported a 4.32% increase in assessed value and $7,105,400 as estimated 2022 new construction. ACTIONS PROPOSED: Recommend to City Council approval of a 2022 tax levy request for General Corporate Purposes in the amount of $4,380,452.65 COMMITTEE RECOMMENDATION: The Finance Committee recommended approval of the 2023 Budget with a 4.9% increase in the property tax levy. ===== PDF PAGE 48 ===== [Extraction: OCR (rendered-page OCR)] ORDINANCE NO. 22-0-0039 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, 2023 AND ENDING DECEMBER 31, 2023 WHEREAS, the City Council of the City of West Chicago, County of DuPage, State of Illinois, did on the Sth day of December 2022, approve the Annual Budget Ordinance for the City of West Chicago for the fiscal year beginning on the 1‘ day of January 2023 and ending on the 31* day of December 2023, the total amount of which budgeted for the corporate purposes legally made is ascertained to be the aggregate sum of $4,380,452.65. 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 2023, and ending on the 31st day of December 2023, the total sum of $4,380,452.65 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 19th day of December 2022. Alderman L. Chassee Alderman J. Beifuss Alderman A. Hallett Alderman J. Jakabesin Alderman M. Birch-Ferguson Alderman S. Dimas Alderman C. Swiatek Alderman R. Stout Alderman C. Dettmann Alderman J. Short Alderman J. Morano Alderman M. Garling Alderman J. Sheahan Alderman H. Brown APPROVED as to form: City Attorney APPROVED this 19th day of December 2022. Mayor Ruben Pineda ATTEST: Valeria Perez, Executive Assistant ===== PDF PAGE 49 ===== [Extraction: OCR (rendered-page OCR)] STATE OF ILLINOIS ) COUNTY OF DUPAGE _ ) |, 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 22-O- 0039 for the fiscal year beginning January 1, 2023, and ending December 31, 2023. IN WITNESS WHEREOF-, | hereunto affix my official signature at West Chicago, Illinois this 19th day of December 2022. Mayor Ruben Pineda City of West Chicago (seal)