1. Farmer City Fiscal Year 2019-20

2. 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

3. 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

4. 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

5. 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 % Fund balance
Sewer Fund – 100% Fund Balance
Electric Fund – 100% Fund Balance

6. Property Tax – General Fund

7. Income Tax

8. Sales Tax Revenue

9. Interest Income (across all funds)

10. General Fund

11. Fund Balance Overview

12. 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

13. 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

14. 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

15. 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

16. General Fund Expenditures

17. 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)

18. Water Fund

19. 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

20. Sewer Fund

21. 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

22. Electric Fund

23. FY 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

24. Motor Fuel Tax

25. 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

26. 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

27. 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

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