HomeMy WebLinkAboutORDINANCE - 3922 - 12/16/2025 - ABATEMENT GO BOND 2021 SERIESORDINANCE NO.3922
AN ORDINANCE ABATING A PORTION OF THE 2025 PROPERTY TAXES LEVIED
FOR CERTAIN TAXABLE GENERAL OBLIGATION BONDS, SERIES 2021, OF THE
VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
BE IT ORDAINED by the Mayor and Board of Trustees of the Village of Elk Grove
Village, Counties of Cook and DuPage, Illinois as follows:
Section 1: That the County Clerks of Cook and DuPage Counties, are hereby authorized
and directed to abate three million, three hundred fifty-six thousand, three hundred and four
dollars and no cents ($3,356,304.00) from the taxes levied for 2025 in Ordinance No. 3696, duly
passed and approved on March 23, 2021, which Ordinance provided for the issuance of forty-
three million, seven hundred fifteen thousand dollars and no cents ($43,715,000.00) in Taxable
General Obligation Bonds, Series 2021, of the Village of Elk Grove Village, Counties of Cook
and DuPage, Illinois.
Section 2: That the Village Clerk is hereby authorized and directed to file a certified
copy of this Ordinance with the County Clerks of Cook and DuPage, Counties, Illinois prior to
December 31, 2025.
Section 3: That the Village Clerk is hereby authorized to publish this Ordinance in
pamphlet form.
Section 4: That this Ordinance shall be in full force and effect from and after its passage,
approval and publication according to law.
VOTE: AYES: 5 NAYS: 0 ABSENT: 1
PASSED this 16 day of December
APPROVED this 16 day of Decem
ATTEST:
Je er . ahon, Village Clerk
PUBLISHED in pamphlet form this 16 day of December 2025.
Village of Elk Grove
Tax levy Ordinance
2025 Amount Amount
Budgeted Levied
General Fund
Mavor & Board
Personal Services $
487,595 38,534
Supplies $
33,700
Conununication $
66,900
Professional Development $
269,895
Maintenance Service $
3,100
Professional Services $
2,502,798
Operating Capital $
-
Fixed Capital
3,363,988
Village Clerk
Personal Services $
170,634 18,861
Supplies $
2,000
Communication $
5,800
Professional Development $
4,880
Maintenance Service $
22,745
Professional Services $
26,200
Operating Capital $
232,259
Villa¢_e Manager
_
Personal Services S
3,031,832 97,209
Supplies S
55,950
Communication S
64,500
Professional Development S
150,125
Maintenance Service S
416,110
Professional Services S
498,525
Operating Capital S
505,300
Capital Replacement Puns S
57.171
$
4,779,513
Finance Department
Personal Services $
2,130,639 204,508
Supplies $
11,000
Communication $
101,200
Professional Development $
18,970
Maintenance Service $
130,600
Other Services & Charges $
323,050
Operating Capital $
10,500
Other Non -Operating $
1,700,000
4,425,959
Fire Department
Personal Services $
22,688,209 8,534,208
Supplies $
571,370
Communication $
63,000
Professional Development $
173,105
Maintenance Service $
309,020
Other Services & Charges $
908,035
Operating Capital $
344,000
Fixed Capital $
-
Capital Replacement parts $
839,905
25,896,644
Police Department
Personal Services $
23,577,680 8,122,132
Supplies $
477,455
Conununication $
104,950
Professional Development $
374,485
Maintenance Service $
840,320
Other Services & Charges S
1,491,265
Operating Capital $
241,000
Capital Replacement Pmts $
400,376
27,507,531
Village of Elk Grove
Tax levy Ordinance
Community Development
Personal Services $
3,035,418 192,420
Supplies $
26,050
Communication $
25,700
Professional Development $
22,807
Maintenance Service $
266,651
Other Services & Charges $
212,600
Operating Capital $
43,750
Capital Replacement Pmts $
24.000
3,656,976
Department of Public Works
Personal Services $
5,703,619 2,395,568
Supplies $
1,109,700
Communication $
25,075
Professional Development $
57,250
Maintenance Service $
1,959,495
Other Services & Charges $
1,176,000
Operating Capital $
366,800
Capital Replacement Punts $
692-059
11,089,998
Total General Corporate Fund 80,952,868 19,603,440
Summary
Purpose
Levy
Abatement
1% loss
Total
General Corporate
7,976,348
79,763
8,056,111
Fire Pension
5,362,156
53,622
5,415,777
Police Pension
4,699,189
46,992
4,746,181
1MRF
500,400
5,004
505,404
FICA
871,255
8,713
879,968
'total
19,409,348 -
194,093
19,603,440
ebt Service - General
bligation Bonds
0 Bonds - Series 2017
4,171,700
(4,171,700) -
0 Bonds - Scrics 2017A
943,400
(943,400) -
0 Bonds - Serics 2021
i.uit,5a5
(3.356.30-1) M U,2 1.82513IL
rnFnt
10,278,645 1
(8,471,404)1 18,072 1 1,825,313
Elk Grove Public Library
Personal Services
4,403,962
Supplies
182,585
Communicatiett
119,100
Professional ❑evelopmcnt
114,270
Maintenance Service
365,850
Other Services & Charges
1,607,700
Operating Capital
115,194
Fixed Capie:=
480,000
Total Libi ar}
7,388,661 7,031,610 70,316 7,101,926
■ Dior r.evy with ueo
service
36,719,603
(8,471,404)
282,482
28,530,680