CITY COUNCIL 11-17-08 council agendaTHE CITY OF LAKE FOREST
COUNCIL AGENDA
Monday, November 17, 2008 7:30 p.m.
City Council Chambers
CALL TO ORDER AND ROLL CALL 7:30 p.m.
Honorable S. Michael Rummel, Mayor
David D. Grumhaus, Alderman First Ward Thomas H. Morsch, Jr., Alderman Third Ward
Kent E. Novit, Alderman First Ward Greg C. Hanrahan, Alderman Third Ward
Stuart M. Widman, Alderman Second Ward John A. Looby III, Alderman Fourth Ward
Renard Goltra, Alderman Second Ward Robert T. Palmer, Alderman Fourth Ward
PLEDGE OF ALLEGIANCE
REPORTS OF CITY OFFICERS 7:30 p.m.
1. Comments by Mayor
2. Comments by City Manager
3. Comments by Council Members
4. Council Committee Reports 7:35 p.m.
A. Finance Committee Report
1. Audit Committee Report: Fiscal Year 2008 Annual Financial Report
PRESENTED BY AUDIT COMMITTEE CHAIRMAN ALLAN JACOBS
The Comprehensive Annual Financial Report (CAFR) for the year ended April 30, 2008 is included in your packet. It has been reviewed with McGladrey & Pullen LLP, the City’s audit firm,
and has been accepted by the Committee. The City has received an unqualified (clean) opinion from McGladrey & Pullen, LLP.
The City has been awarded The Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for twenty nine consecutive years. This
report will be submitted for a thirtieth award.
The Audit Committee met three times during 2008 and highlights of those meetings as well as the report will be presented tonight.
Recommended Action: Receipt of the audit report for the fiscal year ended April 30, 2008.
2. Consideration of an Ordinance Establishing the Tax Levy 7:50 p.m.
for 2008 (First Reading)
PRESENTED BY FINANCE DIRECTOR KATHY REINERTSEN
The annual tax levy must be filed with the County Clerk before the last Tuesday in December. Spreadsheets reviewing the tax levy for 2008 are attached for your consideration. These
include: 1) the tax levy limitations under the tax cap, 2) the tax levy distributed by fund without new growth and allowances distributed, 3) the tax levy by fund with new growth and
allowances distributed and 4) an explanation of the tax increase to an average homeowner.
The tax levy to be approved includes the needs of all City departments, as well as for pensions and debt service requirements. The tax levy for School District 67 is included. A summary
of the proposed levies is as follows:
The proposed tax levy for 2008 reflects a 4.86% increase over the 2007 tax levy extensions for the City and Library operating funds and City pension and debt service funds. This increase
is in full compliance with the property tax cap limit of a 4.1% increase plus new growth. Legislation allows for the exclusion of special recreation ($280,795) and a portion of the fire
pension levy ($32,873) from the tax cap. Both amounts are in the above chart and are further detailed in the attached spreadsheets. The average increase to existing residents will be
approximately 3.83% or $92 on an $873,000 home. Materials are attached beginning on page 9.
Recommended Action: Grant First Reading approval of the proposed tax levy ordinance for 2008.
3. Abating 2008 Tax Levies for Various G.O. Alternate 8:00 p.m.
Revenue Bond Issues (Grant First Reading Approval)
PRESENTED BY FINANCE DIRECTOR KATHY REINERTSEN
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 1997B General Obligation (PARKING DECK) Bond Issue ($152,255.00)
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 1999 General Obligation (Cemetery) Bond Issue ($154,250.00).
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2002-A General Obligation (Waterworks and Sewerage System) Bond Issue
($2,241,736.00)
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2003-C General Obligation (Waterworks and Sewerage System) Bond Issue
($152,558.00)
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2003-D General Obligation (Storm Sewer) Bond Issue ($242,300.00)
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2004-A General Obligation (Golf Course) Bond Issue ($93,325.00)
An Ordinance Abating the Total Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2004-B General Obligation (Storm Sewer) Bond Issue ($318,525.00)
h) An Ordinance Abating a Portion of the Tax Being Levied in 2008 for the Annual Payment of the Principal and Interest on the 2004 Special Tax Bonds Special Service Area 29 Bond
Issue ($88,368.00)
A summary of the proposed tax levy abatements are noted below:
Bond Issue Original
Tax Levy Tax
Abatement Net Bond Tax Levy 1997B G.O. Bonds (PARKING) $152,255.00 $152,255.00 $0 1999 G.O. Bonds (CEMETERY) $154,250.00 $154,250.00 $0 2002A G.O. Bonds (WATER) $2,241,736.00
$2,241,736.00
$0 2003C G.O. Bonds (WATER) $152,558.00 $152,558.00 $0 2003D G.O. Bonds (STM SEWER) $242,300.00 $242,300.00 $0
2004A G.O. Bonds (GOLF) $93,325.00
$93,325.00
$0
2004B G.O. Bonds (STM SEWER) $318,525.00 $318,525.00 $0
2004 Special Tax Bonds ( SSA29) $158,368.00 $88,368.00 $70,000
TOTALS $3,513,317.00 $3,443,317.00 $70,000
These ordinances provide for the abatement of 2008 taxes levied for the various outstanding general obligation ALTERNATE REVENUE bond issues. The tax levies for all bond issues are
established and recorded with the County Clerk at the time the bonds are issued. Therefore, in order to reduce the bond tax levies, an abatement ordinance must be approved and filed
with the County Clerk before December 30, 2008.
The abatement of these general obligation (ALTERNATE REVENUE) bonds is possible due to the fact these bond funds have an adequate revenue source from water sales, Cemetery revenue, parking
charges, golf fees, sales taxes or savings from the project (SSA29). Therefore, the general obligation tax levy can be abated as was planned at the time the bonds were issued.
Copies of the abatement ordinances will be provided at the second reading.
Recommended Action: Grant First Reading Approval of the ordinances abating tax levies for various general obligation bond issues. (Staff Contact Person: Kathy Reinertsen 847-615 4222)
4. Consideration of an Ordinance approving a Fee Schedule 8:10 p.m.
For The City of Lake Forest (First Reading)
PRESENTED BY CHAIRMAN DAVID GRUMHAUS
As part of the budget process, all departments reviewed their user fees. Total fee increases for established fees are estimated to be $1,026 in the General Fund, $569,500 in the Water
Fund, and $3,871 in the Parks and Recreation Fund. The Golf Fund will present their fee increases at the December City Council meeting.
The Water Fund increase is the third annual increase resulting from the 5 year comprehensive water rate study report issued in 2007 by the firm Burns and McDonnell. A report supplement
is attached beginning on page 13.
There are several new fees being proposed. The City Attorney will present a change to the water ordinance that will allow collection of past due water/sewer usage charges if the service
was terminated due to nonpayment. The Public Works department is proposing a fee for bundled brush. Community Development is recommending a $100 charge for non-standard Letter of Credit
forms and a reduced $100 fee for small fire suppression systems. The large fire suppression system fee would remain the same at $250 or $.05 square foot. Finally, the green team is proposing
a new combination license and parking permit for motorcycles. Appropriate ordinance changes will be presented at a later date if the City Council concurs with the new proposals.
Recommended Action: Grant first reading to the ordinance approving a fee schedule for The City of Lake Forest. (Staff Contact person: Kathy Reinertsen 847-615-4222)
5. Continued Discussions and Possible Actions from the 8:30 p.m.
Budget Meeting, if needed (Meeting proceeded tonight’s
City Council meeting).
OPPORTUNITY FOR PUBLIC TO ADDRESS THE CITY COUNCIL ON NON-AGENDA ITEMS
CONSENT AGENDA 8:50 p.m.
1. Approval of the Minutes from the November 3, 2008 City Council Meeting
A copy of the minutes is attached beginning on page 27.
Recommended Action: Approval of the Consent Agenda as presented.
ORDINANCES
1. Consideration of an Ordinance Amending Article XI of Chapter 39 of the 8:55 p.m.
City Code regarding the Real Estate Transfer Tax (Final Approval)
PRESENTED BY CITY ATTORNEY VICTOR FILIPPINI
This item received first reading approval at the November 3, 2008 City Council meeting.
At the October 6, 2008 City Council meeting, there was discussion relating to possible changes to the current real estate transfer tax ordinance. Following that meeting, a draft ordinance
beginning on page 32 has been prepared for Council review and consideration. The following changes are included in the draft ordinance:
1. Amending Section 39-96 regarding exemptions so that the City's code provisions match up more completely with the State transfer stamp law. Under the proposed amendment, there will
be two variances between the City Code and the State law regarding the filing of a declaration for exempt transactions. First, the City ordinance will require a declaration to be filed
for transactions where the consideration is under $100. Second, the City ordinance will require foreclosure-related transactions to file a notification with the City.
2. Adding a new Section 39-96.1 regarding a notification filing for foreclosure-related transactions. In light of recent City experiences, this notification will provide the City with
better information regarding the persons responsible for properties that may become vacant for an extended period of time. Please note that Subsection 39-96.1(f) calls for an acknowledgement
of the conditions on the property, but it does not necessarily make the grantee responsible for all outstanding fees associated with the property (which fees may be released as part
of a foreclosure judgment).
3. Amending Section 39-97 to revise the remedies for violations to reflect other changes in this ordinance and to stiffen the fine for disregarding the requirements of the ordinance.
4. Amending Section 39-100 to modify the refund provisions. These modifications are twofold. First, they extend the current refund opportunity from one to two years after one sells
a dwelling in the City. Note that the current refund opportunity only exist when a resident first sells his or her home and then buys another home within Lake Forest. The second change
expands the scope of the refund to cover an increasingly common circumstance, to-wit: a current resident who buys another home in Lake Forest before the resident is able to sell his
or her current home. This is to address the situation of the changing real estate market.
Recommended Action: Grant final approval to the ordinance amending Chapter 39 of the City Code relating to the real estate transfer tax.
2. Consideration of an Amendment to Chapter 9, (Buildings) Article III 9:05 p.m.
(Dangerous Building) to Provide for Registration of Distressed Buildings.
(First Reading)
PRESENTED BY DIRECTOR OF COMMUNITY DEVELOPMENT
CATHERINE CZERNIAK (847-615-4299)
At the November 3, 2008 City Council meeting, the Council conceptually considered regulations pertaining to the registration of vacant buildings and directed staff to work with the City
Attorney to prepare an ordinance for consideration by the Council. Based on the City Council’s discussion, the term “distressed buildings” rather than “vacant buildings” is used in
the ordinance to more specifically define the types of buildings the ordinance is trying to address. This ordinance is now before the City Council for first reading.
The ordinance is intended to provide an additional tool to better position the City to address Code compliance issues related to buildings that are not properly maintained or secured.
The ordinance is intended to accomplish the following:
To provide the Police, Fire and Community Development Departments with current contact information for use in the event of an emergency and in the event of any Code violations found
on the property.
To allow the Community Development Department to be pro-active in monitoring these properties in an effort to address any issues before the properties become eyesores in the neighborhood.
To allow the Police and Fire Departments to make officers and fire fighters aware of the status of the property and if appropriate, put it on an observation list.
To require the property owner to notify the City of the initiation of any foreclosure proceedings and of any transfer of the property whether through a sale, deed in lieu of foreclosure
or any other action.
To require the owner to establish a building maintenance plan subject to review and approval by the City that sets out a maintenance schedule for the building and the property.
The ordinance is included in the Council packet beginning on page 40.
Recommended Action: Grant first reading of an ordinance providing for the registration of distressed buildings in cases where certain criteria are met.
OLD BUSINESS 9:15 p.m.
1. City-Wide Telecommunications Update and Request for Authorization to Proceed
PRESENTED BY ASSISTANT CITY MANAGER MARCUS PECCIA (847-615-4287)
On November 11, 2008, the IT Ad-Hoc Committee along with Board of Education members from Districts #67 and #115, staff from the Schools, City, and our consultants from Columbia Telecommunications
Co., met to further discuss and develop a final telecommunications network recommendation.
The Committee and aforementioned stakeholders discussed and extensively debated the merits of the project, and determined that it would be in the community’s best interests to move forward
with Option 4, amended to include redundancy to core School facilities. For reference, attached on page 49 is an attendance list from the 11/10/08 Committee meeting, along with a copy
of the original version of the presentation. Beginning on page 63, is the is the final amended recommendation, which is Option 4, amended to include redundancy for the School’s and
a 5% contingency.
Timing is of the essence, primarily due to weather, to begin the installation of the network to ensure that the City’s new Municipal Services facility can be connected and tested in
advance of the relocation of our operations.
Funding sources for this project include the City’s Capital Improvement Fund, Municipal Services Fund, West Lake Forest TIF District, and reimbursement, based on a 65% / 35% split, from
the Schools. The City’s portion, based on the aforementioned split with the Schools, and after the funding from the TIF is applied, is approximately $455 k.
Recommended Actions:
Therefore, the recommended action for the Council to consider at this time is to authorize the City Manager to enter into not to exceed agreements with: a) Kelso-Burnett (Fiber Build)
for $2,091,848.54
b) G.E.T. (electronics & integration) for $295,711.55;
c) Columbia Telecommunications (implementation consulting) for $30,000.00; and
d) Contingency (5%) for $121,000.00
NEW BUSINESS
1. Request to Award the Contract for the Refurbishment of Fire Engine # 216 9:25 p.m.
PRESENTED BY DEPUTY FIRE CHIEF KEVIN ISSEL (847-615-4239)
Background:
Included in the FY09 Capital Equipment Replacement Program is the refurbishment of Engine # 216, a 1994 Pierce Sabre Pumper. The Engine is in need of new cabinet doors, removal of rust
throughout its body, repair pump panels, a complete repaint, and other miscellaneous items. The goal of the refurbishment process is to extend the life of engine 216 for an additional
five years. Because of the specialized nature of the repairs and familiarity needed when performing the required work on the fire engine, the Fire Department sought quotes only from
all four of the authorized Pierce dealers in the region without formal competitive bidding. The process is consistent with the City’s purchasing policies and yielded the following three
quotes from authorized Pierce dealers with a fourth one declining. The three are as follows:
Company Amount Renewed Performance, Inc. $28,976 Van Eck Collision $46,919 Pierce Manufacturing $86,725
Staff has budgeted $25,000 for this project, however savings from equipment purchases made this fiscal year will cover the approximate $5,000 overage.
Recommended Action: Waive the competitive bidding process and award the contract to Renewed Performance, Inc. $28,976 to refurbish Engine # 216. In addition, staff is requesting that
a 5% contingency be approved for any unforeseen conditions that may arise.
ADDITIONAL ITEMS FOR COUNCIL DISCUSSION
ADJOURNMENT 9:25 p.m.
Office of the City Manager
November 14, 2008
The City of Lake Forest is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require
certain accommodations in order to allow them to observe and/or participate in this meeting, or who have questions regarding the accessibility of the meeting or the facilities, are required
to contact City Manager Robert R. Kiely, Jr., at (847) 234-2600 promptly to allow the City to make reasonable accommodations for those persons.
November 17, 2008 Agenda Page 7
Sheet16
Sheet15
Sheet14
Sheet13
Sheet12
Sheet11
Sheet10
Sheet9
Sheet8
Sheet7
Sheet6
Sheet5
Sheet4
Sheet3
mary
shelley082708
% county bank
send to County cuts
jean cap040108
exampleorg040108
exampleorg
tieout
cap percent
growthTNT
don't use(2)
original2008
FUND
$ CHANGE
% CHANGE
General
Pension Funds
Police Pension
Fire Pension
Sub-Total Pension Funds
Agency Funds
Library
Sub-Total Agency Funds
TOTAL LEVY UNDER TAX CAP
Bond Funds
2002B Refunding Bonds
Sub-Total Bond Funds
TOTAL TAX LEVY BEFORE
N/A
GRAND TOTAL TAX LEVY
General Capital Improvements -
Recreation Capital Fund -
Library Capital Fund -
TOTAL NEW GROWTH
1998B GO Bonds Non-Ref CIP
2000 GO Bonds MS Land
2001B GO Bonds MS
2003A GO Bonds RT 60 Land
Recreation and Parks
IMRF/SS
Recreation and Parks-IMRF/SS
DISTRIBUTION OF GROWTH
TOTAL TAX LEVY
Special Recreation
NEW GROWTH and ALLOWANCES
Levy before growth
Bond Funds
Forecast
Actual
City Equalized Assessed Value ( EAV)
1/3 market value
levy divided by EAV X 100
Tax Rate
City Levy
Average Home Market Value
EAV
EAV X Tax Rate/100
Original Request
Change
General
Library-sites
Addition from Wayne Cut
Addition from original
Sub-total
Exempt from Cap
Addition
Cannot add to original request
must cut from extension number that wayne/jean gives
put in number from
extension and sutract from there
2005 LEVY
library/sites
.15/.02
rec/parks
0.15/.075
max rates
rate
ok
Fire Pension PA 93-0689
This is the increase on an average existing home.
Attachment 2
Attachment 3
Attachment 4
4th digit
to be 1 or more
%
The City of Lake Forest
County
Shields Township
SD 67 Grade School
SD115 High School
Sanitary District
Forest Preserve
College of Lake County
2006 LEVY
Fire Pension
Total Levy
Method 1
Method 2
Jean confirmed 11-2-06 email
This is for TRUTH IN TAXATION
City General
Proposed
TOTAL TAX LEVY - CITY
GRAND TOTAL
2006
City Library- included above
Exclude City-- totaled from above
2006 Extension
2007 LEVY
Plus 2007 Growth and exclusions
2007
This represents 20% (City) and 3% (Library) of the entire tax bill.
Proposed To Jean
cut 19,000
cut 17,000
cut 14,000
cut 13,000
cut 12,318
Corporate
IMRF
Recreation
Parks
cut 2,000
cut 22,000
includes 2% L & C
Cty rounds rate to get full levy
extension and subtract from there
Bond Funds
Bank Deposit Dist
Remainder
Extended
The City of Lake Forest's Portion of Tax Bill equals 22.5% ($.851)
Where the 77.5% of Non-City Tax Dollars Go:
of Total
2008 Sales Tax Fiscal Year Revenue (1%)
2007 Extension
2008 LEVY
2008 GO Bonds RT 60/MS
Plus 2008 Growth
EAV forecast-2008
School District 67-2008 EST
Plus 2008 Growth and exclusions
2008
Page
Page
Page
Page
Page
Page
Page
Page
Page
Page
Page
Page
Page
Page
4The City of Lake Forest
Tax Levy
2007
$12,439,208.00
0.60
$1,432,053.00
0.07
$1,038,941.00
0.05
$701,987.00
645828.00
56159.00
0.03
$1,067,020.00
0.05
$1,460,133.00
0.07
$280,795.00
0.01
2330597.00
0.11
20750734.00
1.00
2007.00
0.85
0.64
0.10
0.11
0.23
0.44
0.35
0.10
0.12
0.07
0.02
0.05
3.00E-03
0.02
0.94
0.92
0.02
0.25
0.96
0.94
0.02
0.25
0.12
0.03
0.20
0.20
5.00E-03
0.05
0.19
0.05
3.78
1.00
2.93
0.77
1.00
$2,356,182.00
4The City of Lake Forest
Tax Levy
2007
$12,439,208.00
0.60
$1,432,053.00
0.07
$1,038,941.00
0.05
$701,987.00
645828.00
56159.00
0.03
$1,067,020.00
0.05
$1,460,133.00
0.07
2330597.00
0.11
$280,795.00
0.01
20750734.00
1.00
$1,038,941.00
0.05
$701,987.00
645828.00
56159.00
0.03
0.92
4The City of Lake Forest
Tax Levy
2007
2807947615.00
$12,420,208.00
12439208.00
19000.00
19000.00
$1,415,053.00
1432053.00
17000.00
17000.00
$1,024,941.00
1038941.00
14000.00
14000.00
$632,828.00
645828.00
13000.00
13000.00
$3,072,822.00
$2,503,153.00
1067020.00
1460133.00
24000.00
2000.00
22000.00
$2,823,027.00
2836027.00
13000.00
13000.00
$296,556.00
308874.00
12000.00
318.00
12318.00
112318.00
$5,622,736.00
$21,115,766.00
0.75
100.00
0.00
$21,115,766.00
0.75
100.00
$0.00
2330597.00
$23,446,363.00
56159.00
$280,795.00
336954.00
$23,783,317.00
$0.00
100.00
Kathy Reinertsen:
from wayne's fax
Kathy Reinertsen:
from wayne's fax
4The City of Lake Forest
Tax Levy
2007
2807947615.00
2807947615.00
2807947615.00
$12,419,318.35
0.44
100.00
0.44
$12,420,208.00
12439208.00
19000.00
0.44
100.00
0.44
$889.65
7.16E-05
$12,439,208.00
0.44
100.00
$19,889.65
$1,414,694.00
0.05
100.00
0.05
$1,415,053.00
1432053.00
17000.00
0.05
100.00
0.05
$359.00
2.54E-04
$1,432,053.00
0.05
100.00
$17,359.00
$1,025,521.00
0.04
100.00
0.04
$1,024,941.00
1038941.00
14000.00
0.04
100.00
0.04
($580.00)
-5.66E-04
$1,038,941.00
0.04
100.00
$13,420.00
$633,749.00
0.02
100.00
0.02
$632,828.00
645828.00
13000.00
0.02
100.00
0.02
($921.00)
-1.46E-03
$645,828.00
0.02
100.00
$12,079.00
$3,073,964.00
$3,072,822.00
($1,142.00)
$3,116,822.00
$42,858.00
$1,063,021.00
0.04
100.00
0.04
$1,065,020.00
1067020.00
2000.00
0.04
100.00
0.04
$1,999.00
1.88E-03
$1,067,020.00
0.04
100.00
$3,999.00
$1,437,790.00
0.05
100.00
0.05
$1,438,133.00
1460133.00
22000.00
0.05
100.00
0.05
$343.00
$1,460,133.00
0.05
100.00
$22,343.00
$2,823,214.00
0.10
100.00
0.10
$2,823,027.00
2836027.00
13000.00
0.10
100.00
0.10
($187.00)
-6.62E-05
$2,836,027.00
0.10
100.00
$12,813.00
$297,000.00
0.01
100.00
0.01
$296,556.00
308874.00
12000.00
318.00
0.01
100.00
0.01
($444.00)
-1.50E-03
$308,874.00
0.01
100.00
$11,874.00
0.00
100.00
0.00
100.00
0.00
100.00
0.00
100.00
0.00
100.00
0.00
100.00
$5,621,025.00
$5,622,736.00
$1,711.00
$5,672,054.00
$51,029.00
$21,114,307.35
0.75
100.00
0.75
$21,115,766.00
0.75
100.00
0.75
$1,458.65
$21,228,084.00
0.76
100.00
$113,776.65
$21,115,766.00
0.75
100.00
$21,115,766.00
0.75
100.00
$21,115,766.00
0.75
100.00
($1,458.65)
$0.00
$112,318.00
$113,776.65
$617,610.00
$628,912.00
$113,900.00
$0.00
$919,700.00
$2,280,122.00
2330597.00
2330597.00
0.08
100.00
$23,394,429.35
$23,446,363.00
23558681.00
0.84
100.00
28574.00
56159.00
56159.00
2.00E-03
100.00
$264,671.00
$280,795.00
$280,795.00
0.01
100.00
293245.00
336954.00
336954.00
0.80
$23,687,674.35
$23,783,317.00
$23,895,635.00
0.85
100.00
Kathy Reinertsen:
from wayne's fax
Kathy Reinertsen:
from wayne's fax
Kathy Reinertsen:
from wayne's fax
4The City of Lake Forest
Tax Levy
2007
Explanation of Homeowner Increase
$21,565,038.00
23895635.00
2330597.00
$20,670,773.00
$894,265.00
0.04
$21,565,038.00
$20,670,773.00
$2,330,597.00
$2,329,101.00
$1,496.00
6.42E-04
$23,895,635.00
$22,999,874.00
$895,761.00
0.04
2807947615.00
2646705738.00
0.06
1.00
23895635.00
22999874.00
0.85
100.00
0.87
100.00
$892,500.00
850000.00
1.05
$850,000.00
$297,500.00
3.00
$283,333.33
3.00
$2,531.73
100.00
$2,462.17
100.00
$69.56
0.03
4The City of Lake Forest
Tax Levy
2008
Explanation of Homeowner Increase
$22,098,747.00
$21,565,039.00
23895635.00
2330596.00
$533,708.00
0.02
533813.00
32873.00
280795.00
220145.00
$22,632,560.00
$21,565,039.00
$2,424,394.00
$2,330,596.00
$93,798.00
0.04
$25,056,954.00
$23,895,635.00
$1,161,319.00
0.05
2913908210.00
2807947615.00
0.04
1.00
25056954.00
23895635.00
0.86
100.00
0.85
100.00
$873,375.00
850000.00
1.03
$850,000.00
$291,125.00
3.00
$283,333.33
3.00
$2,503.41
100.00
$2,411.17
100.00
$92.24
0.04
4The City of Lake Forest
Tax Levy
2008
$13,010,530.00
$12,439,208.00
$571,322.00
0.05
$3,046,931.00
$2,852,266.00
$194,665.00
0.07
$3,271,734.00
2657074.00
333865.00
280795.00
$3,128,664.00
2527153.00
320716.00
280795.00
$143,070.00
0.05
$3,303,365.00
2952304.00
351061.00
$3,144,901.00
2836027.00
308874.00
$158,464.00
0.05
$2,424,394.00
$2,330,596.00
$93,798.00
0.04
$25,056,954.00
$23,895,635.00
$1,161,319.00
0.05
$27,097,877.00
$25,728,337.00
$1,369,540.00
0.05
52154831.00
49623972.00
$2,530,859.00
0.05
26241.00
24048.00
2193.00
0.09
582000.00
529053.00
52947.00
0.10
608241.00
553101.00
55140.00
0.10
26241.00
26241.00
582000.00
553101.00
28899.00
0.05
4The City of Lake Forest
Tax Levy
2008
$13,010,529.53
1.04
103000.00
164314.00
$12,439,208.00
$571,321.53
0.05
$1,156,902.86
1.04
$1,111,338.00
45564.86
0.04
$1,128,050.00
$1,038,941.00
89109.00
0.09
$761,978.00
729105.00
32873.00
$701,987.00
645828.00
56159.00
59991.00
0.09
$3,046,930.86
$2,852,266.00
194664.86
0.07
$2,657,074.27
1.04
26308.00
$2,527,153.00
1067020.00
1460133.00
129921.27
0.05
0.15
2913908210.00
0.10
100.00
$333,865.36
1.04
$320,716.00
13149.36
0.04
$280,795.00
$280,795.00
0.00
0.00
0.04
2913908210.00
9.64E-03
100.00
$2,952,304.11
1.04
$2,836,027.00
116277.11
0.04
0.15
2913908210.00
0.10
100.00
$351,060.83
1.04
29523.00
$308,874.00
42186.83
0.14
0.02
2913908210.00
0.01
100.00
$6,575,099.57
$6,273,565.00
301534.57
0.05
$22,632,559.96
$21,565,039.00
1067520.96
0.05
$631,282.00
-631282.00
-1.00
$655,413.00
$642,834.00
12579.00
0.02
$110,500.00
$116,421.00
-5921.00
-0.05
$973,450.00
$940,059.00
33391.00
0.04
$685,031.00
685031.00
$2,424,394.00
$2,330,596.00
$93,798.00
0.04
$25,056,953.96
$23,895,635.00
$1,161,318.96
0.05
4The City of Lake Forest
Tax Levy
2007
$13,109,063.53
1.04
159848.00
$12,439,208.00
$669,855.53
0.05
$1,156,902.86
1.04
$1,111,338.00
45564.86
0.04
$1,081,537.58
1.04
$1,038,941.00
42596.58
0.04
$705,279.95
645828.00
1.04
32973.00
$701,987.00
645828.00
56159.00
3292.95
4.69E-03
$2,943,720.39
$2,852,266.00
91454.39
0.03
$2,659,178.27
1.04
28412.00
$2,527,153.00
1067020.00
1460133.00
132025.27
0.05
$333,865.36
1.04
$320,716.00
13149.36
0.04
$280,795.00
$280,795.00
0.00
0.00
$2,984,159.11
1.04
31855.00
$2,836,027.00
148132.11
0.05
$321,537.83
1.04
$308,874.00
12663.83
0.04
$6,579,535.57
$6,273,565.00
305970.57
0.05
$22,632,319.48
$21,565,039.00
1067280.48
0.05
$631,282.00
-631282.00
-1.00
$655,413.00
$642,834.00
12579.00
0.02
$110,500.00
$116,421.00
-5921.00
-0.05
$973,450.00
$940,059.00
33391.00
0.04
$685,031.00
685031.00
$2,424,394.00
$2,330,596.00
$93,798.00
0.04
$25,056,713.48
$23,895,635.00
$1,161,078.48
0.05
0.00
0.00
0.00
$25,056,713.48
$23,895,635.00
$1,161,078.48
0.05
($60,948.04)
$28,719.13
0.01
$32,228.92
0.01
$0.00
Kathy Reinertsen:
new growth of 225,250/tax cap levy20,889,057=.0108%
4The City of Lake Forest
Tax Levy
2008
$12,846,215.53
1.04
103000.00
$12,439,208.00
$407,007.53
0.03
$1,156,902.86
1.04
$1,111,338.00
45564.86
0.04
$1,128,050.00
$1,038,941.00
89109.00
0.09
$729,105.00
$645,828.00
645828.00
83277.00
0.13
$3,014,057.86
$2,796,107.00
217950.86
0.08
$2,630,766.27
1.04
$2,527,153.00
1067020.00
1460133.00
103613.27
0.04
$333,865.36
1.04
$320,716.00
13149.36
0.04
0.00
$2,952,304.11
1.04
$2,836,027.00
116277.11
0.04
$321,537.83
1.04
$308,874.00
12663.83
0.04
$6,238,473.57
$5,992,770.00
245703.57
0.04
$22,098,746.96
$21,228,085.00
870661.96
0.04
$631,282.00
-631282.00
-1.00
$655,413.00
$642,834.00
12579.00
0.02
$110,500.00
$116,421.00
-5921.00
-0.05
$973,450.00
$940,059.00
33391.00
0.04
$685,031.00
685031.00
$2,424,394.00
$2,330,596.00
$93,798.00
0.04
$24,523,140.96
$23,558,681.00
$964,459.96
0.04
32873.00
56159.00
-23286.00
280795.00
280795.00
0.00
220145.00
220145.00
$25,056,953.96
$23,895,635.00
$1,161,318.96
0.05
$164,314.30
$26,307.66
0.01
$29,523.04
0.01
$220,145.00
Kathy Reinertsen:
new growth of 220145/tax cap levy22,098,747=.0100%
%