TO: Mayor and City Council
FROM: Beth Beatty, City Manager
SUBJECT:
title
Ordinance Approving the 2025 Fiscal Year Annual Budget for the City of Joliet, Will and Kendall Counties, Illinois.
end
BACKGROUND:
The proposed 2025 Annual Budget was made available to the public on the City's website and in hard copy form at the City Clerk's office since November 21, 2024. Main parts of this budget were presented to City Council on November 4th and November 19th. December 3, 2024 is the required public hearing on the proposed budget. Notice of the public hearing was published on November 22, 2024 in the Herald News.
This budget is the cumulation of five months of work from staff and Department Heads. Highlights of the 2025 budget are:
Government Operations
* Budgeted Revenues in the General Operating Fund are expected to be $16 million higher than 2024. We are projecting increases in sales and miscellaneous taxes of $4.7 million. The City's share of the State of Illinois Income Tax is projected to increase by $3.6 million. Billings for ambulance rides that are paid by insurance companies is expected to increase by $2 million as result of keeping our rates on par with Medicare.
* Budgeted expenses in the General Operating Fund are expected to be $16 million higher than 2024. The proposed budget includes 29 new positions; 14 Police Officers, 3 Firefighter/Paramedics, 3 Fire Lieutenants, 1 Fire Captain, 1 Community Paramedic funded by a grant, 3 Information Technology Staff, bilingual employee for Front Desk, Office Manager in Public Works, and Development Coordinator in Community Development. The budget also adds an additional $1 million to maintain city owned buildings. This amount is needed to avoid damage that is possible if we do not complete preventative and ongoing maintenance.
Sewer and Water Operations
* Revenues are expected to increase in 2025. The 2025 budgeted revenues are based on the information compiled by our rate consultant. These re...
Click here for full text