Farmer City Fiscal Year 2019-20

FY 2018-19 Budget Overview FY 19 Accomplishments Reverse 911 Police Chief’s car MDT’s in police cars South Park improvements Baseball field fence BMX lights Handicapped parking Pool New lockers Wall repairs WiFi

FY 2018-19 Budget Overview Streets MFT TIF 2 Forward TIF Demolition of John St property New dump truck with plow MFT Renovated 1st block of West Water Street TIF 2 Completed Maple St sewer project Started Water/Washington renovation Forward TIF Created new TIF to assist existing properties & expand

FY 2018-19 Budget Overview Business District Water Sewer I-74 Feasibility and marketing studies Water Well telemetry, alarm system New water treatment plant pumps New #1 Filter 1st block of West Water Street watermain replacement Multiple watermain leaks, repairs Sewer NPDES work started Main trunk line replacement Excess flow lagoon aerator replacement New pumps, lift station panel work

FY 2018-19 Budget Overview Electric General Fund – 100% Fund Balance Plant improvements New poles, new meters New backup batteries Two energy efficiency grants General Fund – 100% Fund Balance Projected year end in black ($16,822) Water Fund - 100+% Fund balance Sewer Fund – 100% Fund Balance Electric Fund – 100% Fund Balance

Property Tax – General Fund

Income Tax

Sales Tax Revenue

Interest Income (across all funds)

General Fund

Fund Balance Overview

FY 2019-20 Revenues Property tax revenue lower Telecommunications tax revenue lower – landline usage diminishing Rental income increased – Mediacom Interest income increased – Illinois Funds Amusement tax – 5% Collection on events, such as raceway, BMX and golf course Could enter into rebate agreement Impounds – remove from restricted DUI Fund Currently restricted to be used as police department sees fit Recommend placement into general fund, which provides for police department as whole TIF 2, BD administrative costs

FY 2019-20 General Fund Overview 2% COLA FOP – 1% CPI – 2.3% Administration Ruth Harmison retiring in December IT replacement Council Pay increase (50% Council, 13% Mayor) On-line Code of Ordinances - $500/year Newly elected training - $500

FY 2019-20 General Fund Overview Parks Mowing South Park swingset - $2,500 Pool 2/3 season Minimal spending Police SRO – Full time Report writing software with county - $22,000 Dispatch remains same until census - $79,000 Chief’s office, department door - $3,000 No new cars To create separate DUI Fund

FY 2019-20 General Fund Overview Streets Brookview drainage project - $31,000 Catch basins moved to MFT - $2,000 reduction Demolition of E Richardson house - $7,500 Street sweeper (1986) - $40,000 Increasing costs to maintain Parts becoming rare

General Fund Expenditures

FY 2019-20 General Fund Overview FY 20 End WITH amusement tax and impounds $15,244 in black FY 20 End without amusement tax and impounds -$5,756 To balance, could remove one or any of these: Full time SRO ($30,000 plus $6,000 in revenue) Street sweeper ($40,000) Demolition of E Richardson St house ($7,500)

Water Fund

FY 2019-20 Water Fund 10% rate increase in 2 steps, 5% each Chemicals – polyphosphate to address lead - $5,000 Interest payment for I-74 bonds (50%) - $23,350 Capital Dollar General or Market St - $100,000 Filter #4 at Treatment Plant - $20,000 Fund Balance at just over 100% remaining

Sewer Fund

FY 2019-20 Sewer Fund 10% rate increase in 2 steps, 5% each Interest payment on I-74 extension bonds - $23,530 Lining on E Richardson St - $30,000 Treatment Plant – EPA mandated NPDES permit - $125,000 System Improvements Tertiary Filter, Room - $155,000 68% Fund Balance remaining if spend $600,000 per year

Electric Fund

FY 2019-20 Electric Fund $50,000 loss in revenue under school district agreement CAT engine maintenance, extended warranty - $48,000 Flatbed truck (Not purchasing bucket truck) - $35,000 Capital transfer for pool improvements $1,300,000 To be paid back over time from Forward TIF Capital improvements Dollar General, Maple St, I-74 extension, Pool, Cemetery lift station $700,000 50% Fund Balance remaining

Motor Fuel Tax

FY 2019-20 Special Revenue Funds MFT No real work in FY 20, just maintenance Saving for larger project in FY 21 TIF 2 $1 million bond revenue Water/Washington - $600,000 Maple/Western - $1 million TIF grants - $50,000 Interest payment on bonds - $23,530

FY 2019-20 Special Revenue Funds MFT No real work in FY 20, just maintenance Saving for larger project in FY 21 TIF 2 $1 million bond revenue Water/Washington - $600,000 Maple/Western - $1 million TIF grants - $50,000 Interest payment on bonds - $23,530

FY 2019-20 Special Revenue Funds Forward TIF $1 million bond revenue John St. reconstruction - $1 million Interest payment - $23,530 Business District 2 I-74 marketing - $5,000 Grants - $50,000 Capital improvements - $50,000 Fund balance of 100%+ Business District 1

FY 2019-20 Capital Projects Fund Revenue Business District Tax Bond money Electric transfer Expenditures Pool I-74 water/sewer extension