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CITY OF WEST CHICAGO
FINANCE COMMITTEE
AGENDA ITEM SUMMARY
ITEM TITLE:
Police Pension Fund – Annual Tax Levy Certification/Municipal
Compliance Report
AGENDA ITEM NUMBER:           6.D.
COMMITTEE DATE: November 2, 2026
COUNCIL AGENDA DATE: November 2, 2026
PREPARED BY: Katrina Hanna, Finance Director
APPROVED BY:
SIGNATURE__________________________
SIGNATURE__________________________
The attached municipal compliance report is required to be provided to a municipality on an annual basis, prior to
the tax levy being filed. The City does not levy for pensions separately in its annual property tax levy, rather makes
a contribution to the Pension Fund using available General Fund revenues.
Section 3-143 of the Pension Code requires the Pension Board to annually certify the amount necessary for the
City to meet its required contribution to the Pension Fund pursuant to sections 3-125 and 3-127 of the Pension
Code.
The Police Pension’s actuarial report identified a request for municipal contribution to the Pension Fund of
$3,804,137. This contribution amount is based on the transition plan the Pension Board and City had previously
agreed upon.
ACTIONS PROPOSED:
 Recommend City Council approval of the proposed $3,804,137 contribution to the Police Pension Fund in 2027,
and receive and place on file the Annual Tax Levy Certification and Municipal Compliance Report.
COMMITTEE RECOMMENDATION: