1. City of Joliet 2014 Proposed Budget November 2013

2. 2014 Summary – All Funds Operating Budget 2013 = $194.5 million 2014 = $201.6 million Increase $7.1 million or 3.6% Capital Budget = $42.5 million Special Funds = $43.6 million Total Annual Budget = $287.8 million* * Excludes the Library and FFT budgets

3. O PERATING B UDGET 2014 Proposed Budget

4. Operating Budget – General Fund Updates Revised Public Safety pension contributions to include the reduction in the rate of return on investments from 7.000% to 6.875% Increase of $720,000 Revised City Manager’s departmental budget to include funding for strategic plan costs and implementation of recommendations Increase of $247,000

5. C APITAL B UDGET 2014 Proposed Budget

6. Capital Budget - Summary Total Funds = $42.5 million Capital Improvement Fund $3.6 million in new capital projects $4.4 million in carryover projects Water & Sewer Improvement Fund = $18.4 million Motor Fuel Tax Fund = $11.1 million Property Improvement Fund = $5.0 million

7. Capital Improvement Fund $3.6 million in New Projects $575k for roof replacement and chiller replacement at JPD building $1.4 million for vehicle purchases $234,000 continue citywide Technology upgrades Over $266k to replace IWIN computers within police vehicles $240k for streetlight replacements $308k for EAB removal, tree inventory, and tree replacement $125k for Gael/Cass St. salt dome roof repairs

8. Water & Sewer Improvement Fund $18.4 million $5.5 million – Watermains on Belmont, Jefferson, Essington, Hadleman Terrace, and Midland $2.1 million – Westside Interceptor, CSO project $3.4 million – Lift Station Improvements; Edgecreek, Twin Oaks, and West Park $730k – Meter Change-out Program $2.0 million – Eastside Sewer Treatment Plant Improvements $615k – Westside Sewer Treatment Plant Improvements $250k – AuxSable Treatment Plant, #4 effluent pump upgrade

9. Motor Fuel Tax Fund $3.6 million in Revenues $11.1 million in Roadway Projects Caton Farm Road (IL 59 – County Line Road) =$2.1 million Essington/Hennepin Intersection Improvements = $1.2 million I55/Rt59 Improvements = $779,000, Roadway Resurfacing = $685,400, Hutchins/Prairie Roadway = $272,800, Miller/Young Roadway = $260,200, Rt59 (Caton Farm – Rt52) = $174 k Washington Street over Spring Creek = $104k Hutchins (Highland – Cora) (Kelly – Wilcox) = $393k

10. Property Improvement Fund Revenue Source: Developer Performance Bonds Projects include improvements to: Caton Ridge at the Clublands Subdivision Caton Farm (County Line – Drauden) Silver Leaf Subdivision Neufairfield Subdivision Clublands Subdivision Neustoneshire Subdivision

11. S PECIAL F UNDS B UDGET 2014 Proposed Budget

12. Special Funds - Summary Total Funds = $43.6 million G.O. Bond Debt Service Fund = $1.2 million Evergreen Terrace Fund = $1.5 million Grants & Special Revenue Fund = $34.4 million Special Service Areas Fund = $501,490 Tax Increment Financing Fund = $620,000 CDBG = $5.5 million

13. Special Funds - Highlights $1.2 million to pay General Obligation Bond principal and interest $23.0 million is budgeted for work on the Multi-modal Transportation Center Over $2.3 million in State grant funds is allocated for work on Millsdale Road and Schweitzer Road $1.0 million in Federal Grant related to the SAFER grant Over $2.0 million for Police special projects including the Tri- County Auto Theft program and the 911 Grant

14. THANK YOU - QUESTIONS 2014 Proposed Budget