TO: Mayor and City Council
FROM: Dustin Anderson, Director of Community Development
SUBJECT:
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Ordinance Authorizing an Amendment to the Annual Budget of the City of Joliet for the 2025 Fiscal Year
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BACKGROUND:
On December 17, 2024, the City Council adopted Ordinance No. 18704 establishing the 2025 Annual Budget. Under Illinois law (65 ILCS 5/8-2-9.6), the City Council may revise the annual budget by a two-thirds vote, provided sufficient funds exist to support the revision.
The Community Development Department is managing several projects within the City’s TIF Districts. These include preparing annual reports for submission to the Illinois State Comptroller, redeveloping City-owned properties within the districts, and conducting a decrement study for five of Joliet’s six TIF Districts. The City Council approved the study on June 3, 2025, for $72,615.
These initiatives were not contemplated at the time the 2025 budget was adopted. Nevertheless, sufficient funds are available within each TIF District to support the proposed expenditures. Adoption of this ordinance will authorize the appropriation of such funds for the purposes described above.
The Finance Committee met on September 16, 2025, and recommended full City Council approval.
CONCLUSION:
The activities listed require the involvement of consultants, which is an eligible expense under the TIF Act and covered by existing TIF funds; no additional City funds would be required.
The following amendments to the 2025 Annual Budget are proposed:
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and the City Council approve an Ordinance authorizing an amendment to the annual budget of the City of Joliet for the 2025 Fiscal Year.
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