===== PDF PAGE 1 ===== [Extraction: OCR (rendered-page OCR)] West Chicago FY 27 Budget Workshop GENERAL FUND PRELIMINARY ASSESSMENT ===== PDF PAGE 2 ===== [Extraction: OCR (rendered-page OCR)] Current Year FY 26 Projections GENERAL FUND ===== PDF PAGE 3 ===== [Extraction: embedded PDF text] FY 26 Year-End Revenue Estimates FY26 Year-End Revenue Estimate Estimated FY26 Year-End $ 25,803,370 Original FY26 Budget $ 24,125,889 Revenue Above Budget $ 1,677,481 Estimated FY26 year-end revenues are up $1,082,908 or 4.38% from FY25 actual revenues. FY26 revenues are above target due to one-time building permits, and engineering fees. These are related to 3 major developments. ===== PDF PAGE 4 ===== [Extraction: OCR (rendered-page OCR)] FY26 Year-End Revenue Estimate Variance from Original FY26 Budget Projection FY26 FY 26 § a) Revenue Source Budget Estimate Variance Variance Property Taxes 6.122.500 6.396.700 216,200 AM Sales & Local Use Tax 6,311,100 6.229.000 -82,100 -1% Income Taxes 4 673,500 4.950.000 276,500 6% Other Taxes 2,951,200 2.209 000 -62,200 3% Permits, Licenes, Registrations 1,020,000 1,761,500 761,500 75% Replacement Taxes (PPRT) 220,000 297,000 61,000 78% Fines 1,135,500 1,209,000 73,500 6% Est. Increase Traffic Signal Enforcement 300,000 390,500 90,500 3%, Transfer Station Fees 900,000 862,700 _-37,300 _A% from FY 25 Interest 100,000 165,600 539 1% All Other 5 1,992,089 5 2,206,370 § 30,062 04 5 24,125,089 5 25,603,370 5 1,328,201 6% ===== PDF PAGE 5 ===== [Extraction: OCR (rendered-page OCR)] FY26 Year-End Revenue Estimate Replacement Taxes FY26 BU DGET a FY26 ESTIMATE (PPRT), Fines, Traffic jj Other Fines, Traffic All Other Signal Enforcement, 8% Signal 9% Transfer Station Fees, Lo Enforcement [ ud Interest Transfer Station 11% Fees, Interest 11% Permits, Permits, Licenes, Licenes, Registrations Registrations 4% 7% Other Taxes 10% Sales & Local Use Tax Other Taxes 26% 9% Sales & Local Use Tax 24% Income Taxes 20% Income Taxes 19% ===== PDF PAGE 6 ===== [Extraction: OCR (rendered-page OCR)] FY26 Year-End Revenue Estimate 10 Year Sales Tax Trend 10 Year Sales Tax Trend $8,000,000.00 $7,000,000.00 $6,000,000.00 §5,000,000.00 $4,000,000.00 $3,000,000.00 §2,000,000.00 $1,000,000.00 $0.00 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Est. Home Rule ==Sales tax ===== PDF PAGE 7 ===== [Extraction: OCR (rendered-page OCR)] FY26 Year-End Revenue Estimate Income Tax Distributions from the Local Government Distributive Fund (LGDF) Total State Income Tax Reciepts (LGDF) $6,000,000.00 $5,000,000.00 $4,000,000.00 $3,000,000.00 $2,000,000.00 $1,000,000.00 $0.00 FY19 FY20 FY21 FY22 FY23 FY24 FY25 ~~ FY26 Est. ===== PDF PAGE 8 ===== [Extraction: OCR (rendered-page OCR)] CN ee Qs “2p 0 ep AM, ~% &, TN ae &, CNT ee Ss, nT < Y e % 1 TNC er O M Ww I) Lu >; TL <, a= &% {J me CN Y) - cn ] a Li} ny 000 & oc Ce, 7 oD) rT a | ol > 2 % 2 ac S| Cc Ss a re YU ce MLN CONN MUNN &, | Li eS 9 > - &, c& aD) _ 0 > co : O MT) > & 1@) nn & So — wT 4 =e + Cc \O a NAMM COON NTT MTT 6 ee N O SS ee, > s 8 8 8 $8 8 8 f c oS we ¢@ a aia i.e ===== PDF PAGE 9 ===== [Extraction: OCR (rendered-page OCR)] FY 27 Economic Context TRENDS AND EXTERNAL INFLUENCES ===== PDF PAGE 10 ===== [Extraction: embedded PDF text] IML Economic Outlook Unemployment: Impacts consumer GDP: Expect more modest revenue spending and local taxes growth • 2026 4.5% • 2026 at 1.6–2.2% • 2027 4.3-4.4% • 2027 at 1.7-1.8% Consumer Spending: affects sales Inflation: affects both City costs and tax projections resident purchasing power. • 2026 Growth slowing to 1.4–2.1% • 2026 at 2.7% • 2027 Growth still slow 1.7-1.9% • 2027 at 2.3% • Energy related volatility ===== PDF PAGE 11 ===== [Extraction: embedded PDF text] LGDF Income Tax Distribution • Basically flat • $181.93/capita Cannabis DistributionsIML Economic Outlook • Flat or slightly lower State Use Tax • Remains below historic levels due to statutory changes. Still increasing slightly. ===== PDF PAGE 12 ===== [Extraction: OCR (rendered-page OCR)] General Fund FY 2027 PRELIMINARY REVENUE ESTIMATES ===== PDF PAGE 13 ===== [Extraction: OCR (rendered-page OCR)] FY27 Revenue Projections Loss of Single Red Light Camera Red Light Violation Projections $1,400,000.00 $1,200,000.00 * $1,000,000.00 L $800,000.00 < $600,000.00 / * $400,000.00 e ° —._ — ee \ f —_ . $200,000.00 $0.00 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026Est. 2027 Est. ===== PDF PAGE 14 ===== [Extraction: OCR (rendered-page OCR)] FY27 Revenue Projections 2025 2026 2026 2027 2028 2029 Actual Budgeted Estimated Proposed Proposed Proposed Property Taxes $ 4,846,853 $ 5,122,500$ 5,338,700$ 5,378,600$ 5,647,5005 5,929,800 Sales & Local Use Tax 6,916,528 6,311,100 6,229,000 6,592,000 6,789,700 6,993,200 Income Taxes 4,619,340 4,673,500 4,950,000 5,548,000 5,714,000 5,885,000 Other Taxes 2,373,548 27,351,200 2,289,000 2,341,000 1,976,000 2,024,000 Permits, Licenes, Registrations 1,291,788 1,020,000 1,781,500 1,575,000 1,623,590 1,671,980 Replacement Taxes (PPRT) 243,494 220,000 281,000 289,000 298,000 307,000 Fines 1,169,423 1,135,500 1,209,000 895,900 936,300 980,500 Traffic Signal Enforcement 30,620 300,000 390,500 300,000 350,000 375,000 Transfer Station Fees 928,167 900,000 862,700 900,000 900,000 900,000 Interest Earned 232,217 100,000 185,600 120,000 125,000 130,000 All Other 2,068,484 1,992,089 2,286,370 1,756,000 1,800,595 1,836,100 § 24,720,462 $ 24,125,889 $ 25,803,370 $ 25,695,500 $ 26,160,685 $ 27,032,580 ===== PDF PAGE 15 ===== [Extraction: embedded PDF text] General Fund Base Budget FY27 Preliminary Revenue/Expense Estimate Estimated FY27 Revenue $25,695,500 FY25 Proposed FY27 Budget* $25,024,223 Revenues Above Base Budget $671,277 Limited buffer for economic downturn or state interference. Minimal expansion of services or new projects. Unlikely to transfer to Downtown Revitalization Fund. Includes reduction in CERF Payments (fund exhausted 2028) *Est. in 2025's 3 Year Outlook, does not include new projections. ===== PDF PAGE 16 ===== [Extraction: embedded PDF text] General Fund New Request Shortfalls FY27 Funding Gap Estimate Revenues Above Base Budget $671,277 FY27 New Requests Est.* $5,000,000 Funding Gap Est. $4,328,723 *Estimated as the high cost of asks defined in following slides after known alternative funding such as grants, paired cost cuts, or potential use of Downtown Revitalization Fund. Grants, sale of property, and other savings may provide additional offset of the funding gap. New requests have not been evaluated for alignment with City priorities. ===== PDF PAGE 17 ===== [Extraction: embedded PDF text] Expanded Service Requests: Staffing POLICE CITY HALL Community Policing Officer Community Development PT $165,000 $25,000 Records Clerk FT $95,000 Community Engagement $95,000 Or Records Clerk PT $25,000 BCR Assistant Director $168,000 Shared Social Worker $30,000 Administrative Support $115,000 ===== PDF PAGE 18 ===== [Extraction: embedded PDF text] Expanded Service Requests TECHNOLOGY ERP: Enterprise Resource Planning 2027: $350,000-$450,000 o$250,000 Implementation Cost oPlus $150,000/yr going forward Could save up to $198,000/yr by replacing existing services ===== PDF PAGE 19 ===== [Extraction: embedded PDF text] Public Works: Varied Funds Elevated Water Tower City Museum ADA Entrance & Interior •2027: $50,000 • $750,000 •2028: $10,500,000 WTP Roof Replacement • $615,000Consolidated PW Facility Relocate CIP Items to General Fund •2028: $2,500,000 • Commodities such as Streetlights, •2029: $12,500,000 Patch, Paint, Sewer Repair etc. •2030: $12,500,000 • $150,000/year ===== PDF PAGE 20 ===== [Extraction: embedded PDF text] Economic Revitalization Washington Market Community Park • 2027: $100,000 Design • Fund Balance: $6.5 Million as • 2028: $2,900,000 Construction of FY25 • -$850,000 potential grant • 2027: $45,000 Plan Refresh Washington Site Preparation • $125,000 Futsal Survey/Sidewalk Strategic Land Acquisition • $100,000 Depot Design Services • $1,250,000 • $25,000 Concept Plan Carryover • May reduce other CIP costs by $1,000,000 ===== PDF PAGE 21 ===== [Extraction: embedded PDF text] Downtown Revitalization Main St. Topographic Survey of City Owned Property • $100,000 to increase shovel readiness of sites Phase I & II Environmental Assessment of City Owned Property • $125,000 to reduce developer uncertainty Public Art Installations • $50,000 for sculptures, murals or other installations Expanded Downtown Modernization and Beautification Project • $2,300,000 to $5,000,000 ===== PDF PAGE 22 ===== [Extraction: embedded PDF text] Other Requests Body Cameras - Partial Grant Museum Fixtures/Furniture •$80,000 •$47,500 Fleet Cameras – Partial Grant Form Based Code •$45,000 •$100,000 •DRC RecommendationRMS •$60,000 Fire Safe Cabinets •Potential overlap with •$10,500 existing software ===== PDF PAGE 23 ===== [Extraction: OCR (rendered-page OCR)] New Revenue Options SEEKING COUNCIL DIRECTION ===== PDF PAGE 24 ===== [Extraction: embedded PDF text] Previously Discussed HRST EST. $1.2 MILLION GROCERY TAX EST. $438,000 Increases Resources for Added Back after One Year Community Priorities Without Rate Higher Than Some Peers Adopted by 700+ Communities Includes Items Like Luxury Goods Targets Necessities Like Food and Clothes ◦Snap recipients exempted ◦Does not apply to titled assets Postmark Deadline Oct. 1 Postmark Deadline Oct. 1 ===== PDF PAGE 25 ===== [Extraction: embedded PDF text] Municipality / Area Current General Merchandise Rate Oak Brook, DuPage 7.50% Naperville, baseline 7.75%Current General Wheaton 8.25% Merch Sales Tax Warrenville 8.25% Aurora, DuPage portion 8.50% Batavia, DuPage portion 8.75% Glendale Heights 8.75% Downers Grove 8.75% West Chicago, current 8.75% Bartlett, DuPage portion 9.00% Addison 9.00% West Chicago with +0.25% HRST 9.00% Lombard, Yorktown Business 9.25% District ===== PDF PAGE 26 ===== [Extraction: embedded PDF text] Considerations Cannabis Dispensary Restaurant Food & Beverage Tax ◦Est. $200,000/yr upon business ◦Demands significant staff time locating-not guaranteed ◦May deter growth ◦Public Safety/Market Saturation ◦Administrative burden for ◦Decreasing revenue statewide Business Amusement Taxes ◦Many peers use ◦Streaming Est. $50,000/yr ◦Amusement Fee Higher than Peers-Evaluate Reducing ===== PDF PAGE 27 ===== [Extraction: embedded PDF text] Considerations CHALLENGES OPTIONS Heavy trucks & large outdoor Infrastructure Preservation Tax: storage sites strain roads beyond ◦Annual tax on outdoor storage of their economic return commercial vehicles, equipment, and materialsJobs and property tax from these uses don’t match infrastructure Increased Diesel Motor Fuel Tax: costs ◦$0.06/gallon targeting truck trafficCurrent revenue sources can’t keep up with roadway deterioration ◦Est. $50,000/year ===== PDF PAGE 28 ===== [Extraction: embedded PDF text] Special Events, Revenue Opportunity? CHALLENGES OPTIONS Downtown construction during Expand Event-Generated Revenue the 2027 event season (sponsorships, vendor fees, merchandise sales, grants, etc.)Overlapping community events that may dilute attendance and Increase Collaboration and Shared participation Investment (Co-Hosting, Shared Sponsorships, Combining Events)Staffing, logistics, and interdepartmental coordination Evaluate a dedicated Special Event Fund to retain and reinvest revenues ===== PDF PAGE 29 ===== [Extraction: OCR (rendered-page OCR)] (@ it 3e N%¢ WEST CHICAGO Ht ib ae VE INP ey dk 8 Questions? SEEKING DIRECTION AFTER COUNCIL DISCUSSION AND PUBLIC COMMENT