2000-12-11 - Village Board Special Meeting - Agenda Packet VILLAGE OF VILLAGE OF
siZuffalo
BUFFALO GROVE Grouc
Fifty Raupp Blvd.
Meeting of the Village of Buffalo Grove Board of Trustees
Buffalo Grove,IL 60089-2196
Phone 847-459-2500 Special Meeting
Fax 847-459-0332 December 11, 2000
7:30 PM
I. Call to Order
II. Pledge of Allegiance
Ill. Roll Call
IV. Approval of Minutes
A. Minutes of December 4, 2000
V. Approval of Warrant
Warrant # 924
VI. Village President Report
VII. Reports from the Trustees
VIII. Village Manager's Report
IX. Special Business
A. Presentation on Agenda: Presentation of the winners for the Village's two contests
to promote the bike path system Name the Trail Contest and the Photo Contest.
X. Questions from the Audience
Discussion on questions from the audience will be limited to 10 minutes. Presentations
before the Village Board should be scheduled through the Village Manager's Office five
days prior to each meeting.
XI. Consent Agenda
All items listed on the Consent Agenda, which are available in this room this evening, are
considered to be routine by the Village Board and will be enacted by one motion. There
will be no separate discussion of these items unless a Board member or citizen so
requests, in which event, the item will be removed from the General Order of Business and
considered after all other Regular Agenda items. (Attached).
XII. Ordinances and Resolutions
A. Ordinance No. 2000- An Ordinance Abating Taxes Levied for the Village of
Buffalo Grove, Cook and Lake Counties, Illinois (Trustee Marienthal)
B. Ordinance 2000 - Amending Section 10.01.040.B. of the Municipal Code
concerning the fair market value of land dedicated for park, recreation and school
sites (Trustee Berman)
C. Resolution No. 2000- A Resolution Adopting the Fiscal 2001 Budgets for the
Buffalo Grove Golf Club and Arboretum Golf Course Funds. (Trustee Marienthal)
D. Resolution No. 2000- Approving the Village of Buffalo Grove Capital
Improvement Plan FY 2001/2 - 2005/6 (Trustee Braiman)
XIII. Old Business
XIV. New Business
A. Acceptance:
Acceptance of Wheeling/Buffalo Grove Bike Path - Parcel 0003 (Trustee Glover)
B. Approval of Other:
Proposed Addition to the Alcott Center, 530 Bernard Dr. (Trustee Berman)
XV. Executive Session
XVI. Adjournment: Approximately 10:30 p.m.
The Village Board will make every effort to accommodate all items on the agenda by 10:30
p.m. The Board, does, however, reserve the right to defer consideration of matters to
another meeting should the discussion run past 10:30 p.m.
The Village of Buffalo Grove, in compliance with the Americans With Disabilities Act, requests that persons with
disabilities, who require certain accommodations to allow them to observe and/or participate in this meeting or have
questions about the accessibility of the meeting or facilities, contact the ADA Coordinator at 459-2518 to allow the
Village to make reasonable accommodations for those persons.
Meeting of the Village of Buffalo Grove Board of Trustees
Special Meeting
December 11, 2000
7:30 PM
I. Call to Order
II. Pledge of Allegiance
III. Roll Call
IV. Approval of Minutes
V. Approval of Warrant
VI. Village President Report
VII. Reports from the Trustees
Vill. Village Manager's Report
IX. Special Business
X. Questions from the Audience
Discussion on questions from the audience will be limited to 10 minutes. Presentations
before the Village Board should be scheduled through the Village Manager's Office five
days prior to each meeting.
XI. Consent Agenda
None
XII. Ordinances and Resolutions
XIII. Old Business
XIV. New Business
XV. Executive Session
XVI. Adjournment: Approximately 10.30 p.m.
The Village Board will make every effort to accommodate all items on the agenda by 10.30
p.m. The Board, does, however, reserve the right to defer consideration of matters to
another meeting should the discussion run past 10.30 p.m.
The Village of Buffalo Grove, in compliance with the Americans With Disabilities Act, requests that persons with disabilities,
who require certain accommodations to allow them to observe and/or participate in this meeting or have questions about the
accessibility of the meeting or facilities, contact the ADA Coordinator at 459-2518 to allow the Village to make reasonable
accommodations for those persons.
Consent Agenda
December 11, 2000
7:30 PM
XI. Ordinances and Resolutions
None
New Business
None
Old Business
None
Board Agenda Item Submittal Ix-A
Requested By: Ghida Sahyouni Entered By: Ghida Sahyouni
Agenda Item Title:
Presentation of the winners for the Village's two contests to promote the bike path system-Name the Trail Contest
and the Photo Contest.
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
12/05/2000 12/11/2000 ❑ Consent Agenda OVM
❑ Regular Agenda
❑ None
Does this item Does this item include Will AV equipment be Type of AV Needed:
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board? ❑ Video
❑ Computer
❑ Yes 0 No ❑ Yes 0 No Yes ❑ No ElDoc Camera
❑ Easel
❑ Other
Item Description
Will this action involve an expenditure in ❑ Yes 0 No
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
In the first quarter, 2000 an Integrated Management Team was formed to review the bike path
system throughout the community. Numerous activities were coordinated to celebrate the best
kept secret in Buffalo Grove - over 45 miles of fitness trails:
Bike Path Map. The team redesigned and printed new bike path maps that were easy to read
and carry.
National Bicycle Safety Month — May. At the first board meeting in May, 2000 the Village Board
approved a resolution recognizing May as National Bicycle Safety Month.
Annual Bicycle Rodeo, Saturday May 20, 2000, Busch Grove Skate Park, 11:00 a.m. — 3:00
P.M.
Special thanks to the following companies that assisted with this event. More than 100 kids
participated in the event.
BG Park District- allowed the Village to use the park for the festivities.
KJ Direct, owner Steve Panitch, donated 200 red bicycle flashers.
VFW Post 7879 - donated bike reflective marking systems.
F.S. Cycles - provided a bike mechanic to inspect bicycles all day.
McDonalds - donated orange drink and free french fry coupons.
BG Cycling & Fitness - provided prizes.
Coloring Contest. A Coloring Contest to promote bicycle safety and the trail system was
coordinated for children in kindergarten through third grade.
Bike with a Cop. The Police Department coordinated the annual Bike with a Cop program in the
summer.
Name the trail contest. The contest was held May through November. Contestants selected
names for the sub-routes that were identified by letters —A through G. The grand prize winner is
Mr. Walter Linder- the Village selected four of his entries. Mr. Linder shall receive a new
mountain bike, donated by United Parcel Service (UPS).
Photo Contest. A photo contest of events, nature, and users of the trail system was also
coordinated. The contest was held May through November. The grand prize winner is Ms.
Josephine Bollman; she receives a new mountain bike, donated by United Parcel Service
(UPS). The second place winner is Mr. Michael Tracz, he receives a new Kodak Advantix
camera, donated by Moto Photo, Buffalo Grove.
Congratulations to all the winners - and thank you to all the residents that submit entries!
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
Board Agenda Item Submittal XI-A
Requested By: Arthur Malinowski Entered By: Arthur Malinowski
Agenda Item Title:
Resolution No.2000- for the Creation of a Union Employee and Non-Union Employee Retiree Medical Expense
Reimbursement Welfare Benefit Plan
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
0 Consent Agenda
12/05/2000 12/11/2000 0 Regular Agenda Finance&GS
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 NO
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
The attached Union & Non-Union Welfare Benefit Plan Document
identifies the benefits available to retirees and their eligible
dependents, such as medical and dental coverage. The plan benefits
must be in writing in order for employees of the Village to enjoy
tax-free treatment of the benefits they receive under the current
Internal Revenue Code.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
welfareplanresolution.p
E]
Rhsplan.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
Resolution No. 2000-
RESOLUTION FOR THE CREATION OF A
UNION EMPLOYEE AND A NON-UNION EMPLOYEE
RETIREE MEDICAL EXPENSE REIMBURSEMENT WELFARE BENEFIT PLAN
WHEREAS, the Village has previously established by resolution a retiree health savings plan
("RHS Plan")to be administered by the ICMA Retirement Corporation and/or its affiliates; and
WHEREAS, under Internal Revenue Code ("IRC")employers who establish RHS Plans that wish
to maximize tax efficiency of the RHS Plan are required to publish Employee Retiree Medical
Expense Reimbursement Welfare Benefit Plan(s); and
WHEREAS, the Village wishes to maximize tax efficiency of the benefits of the RHS Plans; and
NOW, THERFORE BE IT RESOLVED, by CORPORATE AUTHORITIES, of the Village of Buffalo
Grove, Cook and Lake Counties, Illinois, that the Village hereby adopts the Union Employee
Employee Retiree Medical Expense Reimbursement Welfare Benefit Plan and the Non-Union
Employee Retiree Medical Expense Reimbursement Welfare Benefit Plan.
BE IT FURTHER RESOLVED, that the Village Manager shall be given authority to execute, with
staff to attest, all documents pertaining to the reporting and administration of these plans.
AYES:
NAYES:
ABSENT:
Approved 12000 Passed 12000
Village President
Attest:
Village Clerk
VILLAGE OF BUFFALO GROVE
UNION & NON-UNION EMPLOYEE
RETIREE MEDICAL EXPENSE REIMBURSEMENT PLAN
ARTICLE I
PREAMBLE
This instrument made and published by the Village of Buffalo Grove, Illinois
(hereinafter called the "Employer") on the 18th day of December, 2000, creates
the Village of Buffalo Grove Union & Non-Union Employee Retiree Medical Expense
Reimbursement Plan, as follows:
1.01 Establishment of Plan
The Employer named above hereby established a Retiree Medical Expense
Reimbursement Plan as of the 18th day of December, 2000.
1.02 Purpose of Plan
This Plan has been established to reimburse the eligible Retirees of the
Employer for medical expenses incurred by them, their Spouses and
Dependents, pursuant to the Employer's VantageCare Retiree Health Savings
(RHS) Plan.
ARTICLE II
DEFINITIONS
The following words and phrases as used herein shall have the following meanings,
unless a different meaning is plainly required by the context:
2.01 "Benefits" means any amounts paid to a Participant in the Plan as
reimbursement for Eligible Medical Expenses incurred by the Participant
during a Plan Year by him, his spouse, or his Dependents.
2.02 "Code" means the Internal Revenue Code of 1986, as amended.,
2.03 "Dependent" means any individual who is a dependent of the Participant
within the meaning of the Code Section 152.
2.04 "Eligible Medical Expenses" means those expenses designated by the Employer
as eligible for reimbursement in the VantageCare Retiree Health Savings
Plan Adoption Agreement, specifically those expenses eligible under Code
Section 213.
2.05 "Employer" means the Village of Buffalo Grove, Illinois.
2.06 "Entry Date" means the first day the Participant meets the eligibility
requirements of Article III as of such Date.
2.07 "Participant" means any Retiree who has met the eligibility requirements
set forth in Article III.
2.08 "Plan Administrator" means the Employer or other person appointed by the
Employer who has the authority and responsibility to manage and direct the
operation and administration of the Plan.
2.09 "Plan Year" means the annual accounting period of the Plan, which begins
on the 18th day of December, 2000, and ends on the 31st day of December,
2001, with respect to the first Plan Year, and thereafter as long as this
Plan remains in effect, the period that begins on January 1st and ends on
1
December 31st.
2.10 "Retiree" means any individual who, while in the service of the Employer,
was considered to be in a legal employer-employee relationship with the
Employer for federal withholding tax purposes, and who was part of the
classification of employees designated as covered by the Employer's
VantageCare Retiree Health Savings Plan.
2.11 "Spouse" means the Participant's lawful spouse as determined under the laws
of the state in which the Participant has his primary place of residence.
All other defined terms in this Plan shall have the meanings specified in the
various Articles of the Plan in which they appear.
ARTICLE III
ELIGIBILITY
3.01 General Requirements
Each Retiree who meets the eligibility requirements outlined in the
Employer's VantageCare Retiree Health Savings Plan shall be eligible to
participate in this Plan.
3.02 Termination of Coverage of an Eligible Dependent
An Eligible Dependent's coverage shall terminate:
(a) after the death of the Retiree, upon the attainment of age 19 (or 24
for a full time student);
(b) Notwithstanding (a) above, an Eligible Dependent's coverage shall not
cease if the individual is incapable of self-sustaining employment
by reason of mental or physical handicap and he or she became
handicapped while an Eligible Dependent of the Participant. The
account balance may continue to be utilized to pay Benefits of the
individual if he or she qualified as a Dependent of the Participant
during the Participant's life, and the Plan has received due proof
of incapacity within 31 days of when the individual's coverage under
the Plan would otherwise terminate. The individual's coverage may
be continued as long as the individual remains incapacitated. The
Plan may request proof of the continued existence of such incapacity
from time to time.
ARTICLE IV
AMOUNT OF BENEFITS
4.01 Annual Benefits Provided by the plan
Each Participant shall be entitled to reimbursement for his documented,
Eligible Medical Expenses incurred during the Plan Year in an annual
amount not to exceed the account balance of the Participant in the
Employer's VantageCare Retiree Health Savings Plan.
4.02 Cost of Coverage
The expense of providing the benefits set out in Section 4.01 shall be
contributed as outlined in the Employer's VantageCare Retiree Health
Savings Plan.
ARTICLE V
2
PAYMENT OF BENEFITS
5.01 Eligibility for Benefits
A. Each Participant in the Plan shall be entitled to a benefit
hereunder for all Eligible Medical Expenses incurred by the
Participant on or after the Entry Date of his or her participation,
(and after the effective date of the Plan) subject to the
limitations contained in Article V, below, regardless whether the
mental or physical condition for which the Participant makes
application for benefits under this Plan was detected, diagnosed, or
treated before the Participant became covered by the Plan.
B. In order to be eligible for benefits, the Participant must meet the
benefit eligibility criteria outlined in the Employer's VantageCare
Retiree Health Savings Plan Adoption Agreement.
C. A Participant who dies or becomes totally and permanently disabled
(as defined by the Social Security Administration) will become
immediately eligible to receive medical benefit payments from the
Plan.
5.02 Claims for Benefits
No benefit shall be paid hereunder unless a Participant has first
submitted a written claim for benefits to the Plan Administrator on a form
specified by the Plan Administrator, and pursuant to the procedures set
out in Article VI below. Upon receipt of a properly documented claim, the
Plan Administrator shall pay the Participant the benefits provided under
this Plan as soon as is administratively feasible.
ARTICLE VI
PLAN ADMINISTRATION
6.01 Allocation of Authority
The Employer shall control and manage the operation and Administration of
the Plan. The Employer shall have the exclusive right to interpret the
Plan and to decide all matters arising thereunder, including the right to
remedy possible ambiguities, inconsistencies, or omissions. All
determinations of the Employer with respect to any matter hereunder shall
be conclusive and binding on all persons.
Without limiting the generality of the foregoing, the Employer shall have
the following powers and duties:
(a) To decide on questions concerning the Plan and the eligibility of
any Employee to participate in the Plan, in accordance with the
provisions of the Plan;
(b) To determine the amount of benefits that shall be payable to any
person in accordance with the provisions of the Plan; to inform the
Employer, as appropriate, of the amount of such Benefits; and to
provide a full and fair review to any Participant whose claim for
benefits has been denied in whole or in part; and
(c) To designate other persons to carry out any duty or power which
would otherwise be a fiduciary responsibility of the Plan
Administrator, under the terms of the Plan.
(d) To require any person to furnish such reasonable information as it
3
may request from the purpose of the proper administration of the
Plan as a condition to receiving any benefits under the Plan;
(e) To make and enforce such rules and regulations and prescribe the use
of such forms as he shall deem necessary for the efficient
administration of the Plan.
6.02 Provision for Third-Party Plan Service Providers
The Plan Administrator, subject to approval of the Employer, may employ
the services of such persons as it may deem necessary or desirable in
connection with the operation of the Plan. The Plan Administrator, the
Employer (and any person to whom it may delegate any duty or power in
connection with the administration of the Plan), and all persons connected
therewith may rely upon all tables, valuations, certifications, reports
and opinions furnished by any duly appointed actuary„ accountant,
(including Employees who are actuaries or accountants), consultants, third
party administration service provider, legal counsel, or other specialist,
and they shall be fully protected in respect to any action taken or
permitted in good faith in reliance thereon. All actions so taken or
permitted shall be conclusive and binding as to all persons.
6.03 Several Fiduciary Liability
To the extent permitted by law, neither the Plan Administrator nor any
other person shall incur any liability for any acts or for failure to act
except for his own willful misconduct or willful breach of this Plan.
6.04 Compensation of Plan Administrator
Unless otherwise agreed to by the Board, the Plan Administrator shall
serve without compensation for services rendered in such capacity, but all
reasonable expenses incurred in the performance of his duties shall be
paid by the Employer.
6.05 Bonding
Unless otherwise determined by the Board, or unless required by any
Federal or State law, the Plan Administrator shall not be required to give
any bond or other security in any jurisdiction in connection with the
administration of this Plan.
6.06 Payment of Administrative Expenses
All reasonable expenses incurred in administering the Plan, including but
not limited to administrative fees and expenses owing to any third party
administrative service provider, actuary, consultant, accountant,
attorney, specialist, or other person or organization that may be employed
by the Plan Administrator in connection with the administration thereof,
shall be paid by the Employer, provided, however that each Participant
shall bear the monthly cost (if any) charged by a third party
administrator for maintenance of his Benefit Account unless otherwise paid
by the Employer.
6.07 Timeliness of Payments
Payments shall be made as soon as administratively feasible after the
required forms and documentation have been received by the Plan
Administrator.
6.08 Annual Statements
4
The Plan Administrator shall furnish each Participant with an annual
statement of his medical expense reimbursement account within ninety (90)
days after the close of each Plan Year.
ARTICLE VII
CLAIMS PROCEDURE
7.01 Procedure if Benefits are Denied Under the Plan
Any Participant, Spouse or Eligible Dependent, or his duly authorized
representative may file a claim for a plan benefit to which the claimant
believes that he is entitled. Such a claim must be in writing on a form
provided by the Plan Administrator and delivered to the Plan
Administrator, in person or by mail, postage paid. Within thirty (30)
days after receipt of such claim, the Plan Administrator shall send to the
claimant, by mail, postage prepaid, notice of the granting or denying, in
whole or in part, of such claim, unless special circumstances require an
extension of time for processing the claim. In no event may the extension
exceed ninety (90) days from the end of the initial period. If such
extension is necessary, the claimant will be given a written notice to
this effect prior to the expiration of the initial 30-day period. The
Plan Administrator shall have full discretion to deny or grant a claim in
whole or in part. If notice of the denial of a claim in not furnished in
accordance with this Section, the claim shall be deemed denied and the
claimant shall be permitted to exercise his right to review pursuant to
Sections 7.03 and 7.04.
7.02 Requirement for Written Notice of Claim Denial
The Plan Administrator shall provide, to every claimant who is denied a
claim for benefits, written notice setting forth in a manner calculated to
be understood by the claimant:
(a) The specific reason or reasons for the denial;
(b) Specific reference to pertinent Plan provisions on which the denial
is based;
(c) A description of any additional material or information necessary
for the claimant to perfect the claim and an explanation of why such
material is necessary, and
(d) An explanation of the Plan's claim review procedure.
7.03 Right to Request Hearing on Benefit Denial
Within sixty (60) days after the receipt by the claimant of written
notification of the denial (in whole or in part) of his claim, the
claimant or his duly authorized representative, upon written application
to the Plan Administrator, in person or by certified mail, postage
prepaid, may request a review of such denial, may review pertinent
documents, and may submit issues and comments in writing.
7.04 Disposition of Disputed Claims
Upon its receipt of notice of a request for review, the Plan Administrator
shall make a prompt decision on the review. The decision on review shall
be written in a manner calculated to be understood by the: claimant and
shall include specific reasons for the decision and specific references to
5
i
the pertinent plan provisions on which the decision is based. The
decision on review shall be made not later than sixty (60) days after the
Plan Administrator's receipt of a request for a review, unless special
circumstances require an extension of time for processing, in which case
a decision shall be rendered not later than one hundred-twenty (120) days
after receipt of a request for review. If an extension is necessary, the
claimant shall be given written notice of the extension prior to the
expiration of the initial sixty (60) day period. If notice of the
decision on the review is not furnished in accordance with this Section,
the claim shall be deemed denied and the claimant shall be: permitted to
exercise his right to legal remedy pursuant to Section 7.0.5
7.05 Preservation of Other Remedies
After exhaustion of the claims procedures provided under this Plan,
nothing shall prevent any person from pursuing any other legal or
equitable remedy otherwise available.
ARTICLE VIII
AMENDMENT OR TERMINATION OF PLAN
8.01 Permanency
While the Employer fully expects that this Plan will continue
indefinitely, due to unforeseen, future business contingencies, permanency
of the Plan will be subject to the Employer's right to amend or terminate
the Plan, as provided in Sections 8.02 and 8.03 below.
8.02 Employer's Right to Amend
The Employer reserves the right to amend the Plan at any time and from
time-to-time, and retroactively if deemed necessary or appropriate to meet
the requirements of the Code, or any similar provisions of subsequent
revenue or other laws, or the rules and regulations in effect under any of
such laws or to conform with governmental regulations or other policies,
to modify or amend in whole or in part any of all of the provisions of the
Plan.
8.03 Employer's Right to Terminate
The Employer reserves the right to discontinue or terminate the Plan at
any time without prejudice.
ARTICLE IX
GENERAL PROVISIONS
9.01 No Employment Rights Conferred
Neither this Plan nor any action taken with respect to it: shall confer
upon any person the right to be continued in the employment of the
Employer.
9.02 Payments to Beneficiary
Any benefits otherwise payable to a Participant following the date of
death of such Participant shall be paid as outlined in the Employer's
VantageCare Retiree Health Savings Plan Adoption Agreement.
9.03 Nonalienation of Benefits
No benefit under the Plan shall be subject in any manner to anticipation,
6
alienation, sale, transfer, assignment, pledge, encumbrance or charge, and
any attempt to do so shall be void. No benefit under the Plan shall in
any manner be liable for or subject to the debts, contracts, liabilities,
engagements or torts of any person. If any person entitled to benefits
under the Plan becomes bankrupt or attempts to anticipate, alienate, sell,
transfer, assign, pledge, encumber or charge any benefit under the Plan,
or if any attempt is made to subject any such benefit to the debts,
contracts, liabilities, engagements or torts of the person entitled to any
such benefit, except as specifically provided in the Plan, then such
benefit shall cease and terminate in the discretion of the Plan
Administrator, and he may hold or apply the same or any part thereof to
the benefit of any dependent or beneficiary of such person, in such manner
and proportion as he may deem proper.
9.04 Mental or Physical incompetency
If the Plan Administrator determines that any person entitled to payments
under the Plan is incompetent by reason of phyiscal or mental disability,
he may cause all payments thereafter becoming due to such, person to be
made to any other person for his benefit, without responsibility to follow
the application of amounts so paid. Payments made pursuant to this
Section shall completely discharge the Plan Administrator and the
Employer.
9.05 Inability to Locate Payee
If the Plan Administrator is unable to make payment to any Participant or
other person to whom a payment is due under the Plan becasue he cannot
ascertain the identity or whereabouts of such Participant or other person
after reasonable efforts have been made to identify or locate such person
(including a notice of the payment sodue mailed to the last known address
of such Participant or other person as shown on the records of the
Employer), such payment and all subsequent payments otherwise due to such
Participant or other person shall be escheated under the laws of the State
of last known address of the Participant or other persons eligible for
benefits.
9.06 Requirement of Proper Forms
All communications in connection with the Plan made by a Participant shall
become effective only when duly executed on forms provided by and filed
with the Plan Administrator.
9.07 Source of Payments
The Employer shall be the sole source of benefits under the Plan. No
Employee or beneficiary shall have any right to, or interest in, any
assets of the Employer upon termination of employment or otherwise, except
as provided from time to time under the Plan, and then only to the extent
of the benefits payable under the Plan to such Employee or beneficiary.
9.08 Tax Effects
Neither the Employer nor the Plan Administrator makes any warranty or
other representation as to whether any payments received by a Participant
hereunder will be treated as includible in gross income for federal or
state income tax purposes.
9.09 Multiple Functions
Any person or group of persons may serve in more than one fiduciary
7
capacity with respect to the Plan.
9.10 Gender and Humber
Masculine pronouns include the feminine as well as the neuter gender, and
the singular shall include the plural, unless indicated otherwise by the
context.
9.11 Headings
The Article and Section headings contained herein are for convenience of
reference only, and shall not be construed as defining or limiting the
matter contained thereunder.
9.12 Applicable Laws
The provisions of the Plan shall be construed, administered and enforced
according to the laws of the State of Illinois.
9.13 Severability
Should any part of this Plan subsequently be invalidated by a court of
competent jurisdiction, the remainder thereof shall be given effect to the
maximum extent possible.
In Witness Whereof ,we have executed this Plan Agreement the date .and year first
written above.
Village of Buffalo Grove, Cook and Lake Counties, Illinois.
Professional Firefighter/Paramedic Association Local 3177
By:
Attest:
S
Board Agenda Item Submittal xII-A
Requested By: William H Brimm Entered By: William H Brimm
Agenda Item Title:
Ordinance No.2000- An Ordinance Abating Taxes Levied for the Village of Buffalo Grove,Cook and Lake
Counties, Illinois
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
0 Consent Agenda
12/05/2000 12/11/2000 0 Regular Agenda Finance&GS
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 No
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
Attached for review and consideration by the President and Board of Trustees is an Ordinance prepared
for the purpose of abating all or a portion of the real estate property taxes originally levied on December
4, 2000 under Ordinance No. 2000-68 at the Sections so noted. These abatement recommendations
have been developed based on one or a combination of the following factors: alternate funding on a
current basis or anticipated to become available through the budgeted flow of funds relative to water
system user rates and fees; golf course revenue from ongoing operations at the Arboretum Golf Course;
the drawdown of fund balances from prior period accumulations of revenue over expense within various
Village operating and debt service funds. All sources are permissive in their use in the reduction of
property taxes levied against the tax base.
The amount of levy to be abated at this time totals$1,237,155.00 or 13.80% of the initial request. With
the abatements credited against a total levy of$8,964,852.50, a net extension of$7,727,697.50 is
proposed. Assuming a tax base of$1,106,212,493 as assessed/equalized, the initial Village-wide levy
rate of$.8104/$100 would be lowered to $.6986. This compares to a final 1999 extension of
$7,385,230.82 and a posted Village-wide weighted tax rate of$.6866. There is no consideration at this
point for the impact in either Cook or Lake County due to any change in assigning the annual tax
extension burdens due to the ongoing Department of Revenue property tax apportionment studies.
In addition to the abatements proposed, due to an over-extension of tax year 2000 property taxes in Lake
County, a further credit in an amount estimated to be $171,915.81 will be subtracted from the initial net
levy to be extended within that portion of the Village. That credit will reduce the overall tax year levy
change to $170,550.87 above what was extended in 1999, an amount slightly less than the changes
necessary to fund the mandatory employer costs for pensions. It is anticipated, due to conservative
estimation by staff, that valuation over and above the tax base estimate presented will factor into the final
rate, the benefit being lower overall rate upon extension Villagewide and by county.
Lastly, the estimated rates of extension on a county-by-county basis are $.8778 for Cook and $.6542 for
Lake ($.6348 after consideration of the tax year 1999 adjustment). This compares to final tax year 1999
rates of$.8180 and $.6530, respectively.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
abateord.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
TO: William R. Balling
FROM: William H. Brimm
DATE: December 4, 2000
SUBJECT: Proposed Property Tax Levy Abatements-
2000 Tax Levy Ordinance
Attached for review and consideration by the President and Board of Trustees is
an prepared for the purpose of abating all or a portion of the real estate
property taxes originally levied on December 4, 2000 under Ordinance No. 2000-68
at the Sections so noted. These abatement recommendations have been developed
based on one or a combination of the following factors: alternate funding on a
current basis or anticipated to become available through the budgeted flow of
funds relative to water system user rates and fees; golf course revenue from
ongoing operations at the Arboretum Golf Course; the drawdown of fund balances
from prior period accumulations of revenue over expense within various Village
operating and debt service funds. All sources are permissive in their use in the
reduction of property taxes levied against the tax base.
The amount of levy to be abated at this time totals $1,237, 155.00 or 13.80% of
the initial request. With the abatements credited against a total levy of
$8,964,852.50, a net extension of $7,727,697.50 is proposed. Assuming a tax base
of $1, 106,212, 493 as assessed/equalized, the initial Village-wide levy rate of
$.8104/$100 would be lowered to $.6986. This compares to a final 1999 extension
of $7,385,230.82 and a posted Village-wide weighted tax rate of $.6866. There
is no consideration at this point for the impact in either Cook or Lake County
due to any change in assigning the annual tax extension burdens due to the
ongoing Department of Revenue property tax apportionment studies.
In addition to the abatements proposed, due to an over-extension of tax year 2000
property taxes in Lake County, a further credit in an amount estimated to be
$171, 915.81 will be subtracted from the initial net levy to be extended within
that portion of the Village. That credit will reduce the overall tax year levy
change to $170,550.87 above what was extended in 1999, an amount slightly less
than the changes necessary to fund the mandatory employer costs for pensions.
It is anticipated, due to conservative estimation by staff, that valuation over
and above the tax base estimate presented will factor into the final rate, the
benefit being lower overall rate upon extension Villagewide and by county.
Lastly, the estimated rates of extension on a county-by-county basis are $.8778
for Cook and $.6542 for Lake ($.6348 after consideration of the tax year 1999
adjustment) . This compares to final tax year 1999 rates of $.8180 and $.6530,
respectively.
CCoo=orate Levies: A reduction in the original levy is proposed in an amount equal
to $150,000 which is the transfer received by the Village under the terms of the
Buffalo Grove Town Center Escrow Payment Agreement combined with other
anticipated to be carried over from FY 200-2001.
Illinois Municipal Retirement Fund: It is estimated that at the conclusion of the
calendar 2000 benefit year that this Fund will contain an carry-forward operating
surplus in an amount equal to approximately $35,000. This amount therefore is
proposed for abatement.
Corporate Purpose General Obligation Bonds-Series 1992• These bonds were issued
on December 4, 1992 to fund mandated ADA rehabilitation of Village facilities
along with the construction of a Fire Administrative Center at Station 26. The
abatement represents, in part, a transfer of approximately 34.62% of levied debt
($89,700) from the Corporate Fund Fund Balance as recommended within the current
Fund Balance Use Policy. That Policy authorizes the use of those balances for
investment in Village capital facilities or equipment. The only portion of the
levy proposed for extension relates to the mandate to provide for ADA compliant
facilities while the Administrative Center is considered for capital investment
for tax and Fund Balance use purposes. The use of Fund Balance to equal to the
portion of original issue proceeds applied to the Administrative Center addition
program.
In addition, $33,200 in Water Fund Retained Earnings are proposed for transfer.
This amount is equal to the percentage of debt service due applicable to
improvements funded to improve the Public Service Center applicable to the water
and sewer function. How the amount was derived was based upon an assumption that
produced a fractional value equal to the combined FY 2000-2001 Water and Sewer
budget to the total Village budget, less debt service and pension commitments.
That percentage times the original levy is equal to the abatement proposed.
Corporate Purpose General Obligation Bonds-Series 1993-A: Original proceeds were
used to advance refund certain maturities of the Corporate Purpose General
Obligation Bonds-Series 1986 (facilities) and Corporate Purpose General
Obligation Bonds-Series 1987 (Arboretum Golf Course) development funding issues.
The split between facilities development and golf course development is 42.88%
and 57.12%, respectively. The abatement methodology is as follows:
1. Recurring operations at the Buffalo Grove Golf Club are to provide,
at a minimum, an operating transfer in an amount equal to the
percent of golf facility capital development to the total capital
program funded in calendar 1986. The value of all facilities was
$4,289,000, with the Club House equal to $932, 000 or 21.73% of the
overall project. That percentage against the 2000 facilities
portion of the tax levy is $65,160.00.
2. A total of $399,444.45 of the levy is allocated toward debt service
due for the Arboretum Golf Course. Based on a current 50% minimum
abatement strategy for golf-supported debt for tax year 2000,
$199,720.00 was abated.
3. Based on current Corporate Fund Fund Balance levels, an additional
transfer of $90,000.00 has been proposed. Finally, an additional
$15,000 has been identified as surplus within the debt service fund
that will be applied against the tax year 2000 extension.
Corporate Purpose General Obligation Bonds-Series 1994• The bonds were issued to
fund the construction of the Wisconsin Central/METRA commuter rail station along
with various street and highway improvement programs of which the Village is a
partner on an inter-agency basis. The abatement represents a transfer of
approximately 21.90% ($52,500) of the levy from the Corporate Fund Fund Balance
which is equivalent to the amount of debt principal allocated to the commuter
rail station project. As with other capital investment noted above, this
transfer meets the current Fund Balance Use Policy regarding the use of such
balances for investment in Village facilities or equipment. The only portion of
the levy that would be considered for extension relates to the street and highway
improvement elements of the financing. The above percentage equates to the
portion of issue proceeds applied to the commuter station project. Lastly, an
amount equal to $40,000 is proposed for transfer from the Corporate Fund Fund
Balance along with debt service fund surplus equal to $2,000 anticipated to be
available.
Corporate Purpose General Obligation Bonds-Series 1995-A: The bonds were issued
to fund various street and highway public improvements along with a level of
funding for the expansion of the Police Department Administrative facility. The
abatement represents a commitment of Corporate Fund Fund Balance toward future
debt service as well as some debt service fund surplus. A review of Corporate
Fund Fund Balance identified an amount equal to $160, 000 available for transfer
to offset taxes initially proposed for extension.
Corporate Purpose General Obligation Bonds-Series 1998• These bonds were issued
to provide necessary escrow funding in order to permit the advance refunding of
the Village's Series 1990 Waterworks and Sewer Revenue Bonds. The proposed
abatement of $304,875.00 is possible due to additional funds within the
Waterworks and Sewerage Fund being available to offset the levy requirement.
Conclusion: Historical abatement comparisons have been included for further
review and information as follows:
1. Abatement history, actual or estimated, since the 1977 tax levy
year, noting percentage of levy abated and the reduction per $100 of
assessed and equalized valuation.
2. The self-sufficiency of general obligation debt over the past ten
year period. This comparison addresses concerns raised on the need
to look to other sources of income for debt service rather than
relying upon the tax base to completely support capital development.
3. An estimation of the final distribution of the 2000 property tax
levy after consideration of the abatements, before consideration of
the 1999 over-extension.
4. An estimation of the final distribution of the 2000 property tax
levy after consideration of the abatements, after the tax year 1999
over-extension credits are applied in Lake County.
5. The initial distribution estimate on the initial 2000 property tax
levy before abatement consideration.
6. Tax year 1999 comparative data based on initial levy and final
extension of taxes due by county.
7. Historic rate summaries by county and for entire Village.
!)(.c.d.`s
William H. Brinr
ORDINANCE NO. 2000-
AN ORDINANCE ABATING TAXES LEVIED FOR THE
VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
WHEREAS, the Village did on the 4th day of December, 2000 pass and approve
Ordinance No. 2000-68, which ordinance provided for the levy of a direct tax on
all property in the Village for the year 2000 for general corporate, pension and
debt service purposes in the Village of Buffalo Grove, in the amount of
$8, 964,852.50, a certified copy of which was filed with the County Clerks of Cook
and Lake Counties, Illinois and;
WHEREAS, the Village has sufficient funds on hand to pay either a
portion, or the entire amount, of the taxes levied in certain sections, as
identified below, of Ordinance No. 2000-68 the fiscal year commencing May lst,
2000.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS the following:
Section 1. Section 2 provided for the levy of a direct tax on all property
in the Village for the year 2000 for general corporate purposes in the Village
of Buffalo Grove in an amount equal to $5,060,860.00 and the Village has
sufficient funds on hand to pay $150,000.00 of the amount levied for the fiscal
year commencing May 1st, and the levy of the entire $5,060,860.00 is unnecessary.
Therefore ,the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $4, 910,860.00 and abate and not spread
the sum of $150,000.00 hitherto provided for and levied for general corporate
purposes of the Village of Buffalo Grove as part of Village Ordinance No. 2000-
68, Section 2, passed and approved on December 4, 2000.
Section 2. Section 3 provided for the levy of a direct tax on all property
in the Village for the year 2000 for the Illinois Municipal Retirement Fund
employer obligations in an amount equal to $734,700.00 and the Village has
sufficient funds on hand to pay $35, 000.00 of the amount levied for the fiscal
year commencing May 1st, and the levy of the entire $734,700.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $699,700.00 and abate and not spread the
sum of $35,000.00 hitherto provided for and levied for employer obligations for
the Illinois Municipal Retirement Fund of the Village of Buffalo Grove as part
of Village Ordinance No. 2000-68, Section 3, passed and approved on December 4,
2000.
Section 3. Section 4 provided for the levy of a direct tax on all property
in the Village for the year 2000 for the repayment of principal and interest on
the Corporate Purpose General Obligation Bonds-Series 1992 for the construction
of ADA-related rehabilitation of Village facilities along with construction of
the administrative addition to Fire Station No. 26 in the Village of Buffalo
Grove in an amount equal to $259,100.00 and the Village has sufficient funds on
hand to pay $122, 900.00 of the above tax levied for the fiscal year commencing
May 1st, and the levy of the entire $259, 100.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $136,200.00 and abate and not spread the
sum of $122, 900.00 hitherto provided for and levied in the ordinance providing
for the issuance of $2, 600,000 of Corporate Purpose General Obligation Bonds-
Series 1992 of the Village of Buffalo Grove, being Ordinance No. 92-75, passed
and approved on October 5, 1992, certified copies of which were filed with the
County Clerks of Cook and Lake Counties, Illinois.
Section 4. Section 7 provided for the levy of a direct tax on all property
in the Village for the year 2000 for the repayment of principal and interest on
the Corporate Purpose General Obligation Bonds-Series 1993-A issued for the
advance refunding of certain maturities of both the Corporate Purpose General
Obligation Bonds-Series 1986 (facilities development-Public Service Center,
Police Station and Buffalo Grove Golf Club Clubhouse along with other
miscellaneous capital construction) and Series 1987 (Arboretum Golf Course
development-facilities and equipment acquisition) in an amount equal to
$699,307.50 and the Village has sufficient funds on hand to pay $369,880.00 of
the above tax levied for the fiscal year commencing May 1st, and the levy of the
entire $699,307.50 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $329,427.50 and abate and not spread the
sum of $369,880.00 hitherto provided for and levied in the ordinance providing
for the issuance of $5,245, 000 of Corporate Purpose General Obligation Bonds-
Series 1993-A of the Village of Buffalo Grove, being Ordinance No. 93-18, passed
and approved on March 15, 1993, certified copies of which were filed with the
County Clerks of Cook and Lake Counties, Illinois.
Section 5. Section 8, provided for the levy of a direct tax on all property
in the Village for the year 2000 for the repayment of principal and interest on
the Corporate Purpose General Obligation Bonds-Series 1994 for the construction
of capital facilities (expansion of Fire Service headquarters along with
construction of Village's commuter rail station) in the Village of Buffalo Grove
in an amount equal to $239, 925.00 and the Village has sufficient funds on hand
to pay $94,500.00 of the amount levied for the fiscal year commencing May 1st,
and the levy of the entire $239, 925.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $145,425.00 and abate and not spread the
sum of $94,500.00 hitherto provided for and levied in the ordinance providing for
the issuance of $2,500,000 of Corporate Purpose General Obligation Bonds-Series
1994 of the Village of Buffalo Grove, being Ordinance No. 94-25, passed and
approved on May 2, 1994, certified copies of which were filed with the County
Clerks of Cook and Lake Counties, Illinois.
Section 6. Section 9 provided for the levy of a direct tax on all property
in the Village for the year 2000 for the repayment of principal and interest on
Corporate Purpose General Obligation Bonds-Series 1995-A issued for the
construction transportation improvements (multi-year street maintenance and local
commitment to joint-agency construction programs) in the Village of Buffalo Grove
in an amount equal to $246, 100.00 and the Village has sufficient funds on hand
to pay $160,000.00 of the amount levied for the fiscal year commencing May 1st,
and the levy of the entire $246,100.00 is unnecessary.
Therefore, the Village hereby authorizes and directs the County Clerks of Cook
and Lake Counties, Illinois to levy only $86,100.00 and abate and not spread the
sum of $160,000.00 hitherto provided for and levied in the ordinance providing
for the issuance of $3,000,000 of Corporate Purpose General Obligation Bonds-
Series 1995-A of the Village of Buffalo Grove, being Ordinance No. 95-32, passed
and approved on April 3, 1995, certified copies of which were filed with the
County Clerks of Cook and Lake Counties, Illinois.
Section 7. Section 10 provided for the levy of a direct tax on all property
in the Village for the year 2000 for the repayment of principal and interest on
the Corporate Purpose General Obligation Bonds-Series 1998 for the advance
refunding of the Waterworks and Sewerage Revenue Bonds-Series 1990, in the
Village of Buffalo Grove in an amount equal to $304, 875.00 and the Village has
sufficient funds on hand to pay the entire amount of the tax levied for the
fiscal year commencing May 1st, and the levy of the entire $304,875.00 is
unnecessary.
Therefore, the Village hereby authorizes and directs the. County Clerks of Cook
and Lake Counties, Illinois to abate and not spread the sum of $304,875.00
hitherto provided for and levied in the ordinance providing for the issuance of
$1, 490,000 of Corporate Purpose General Obligation Bonds-Series 1998 of the
Village of Buffalo Grove, being Ordinance No. 98-82, passed and approved on
November 16, 1998, certified copies of which were filed with the County Clerks
of Cook and Lake Counties, Illinois.
Section 8. The following represents a summary of the amounts levied and,
if applicable, abated for the year 2000 as part of Village Ordinance No. 2000-68:
yv Section Abat orient Net Lew
Corporate Purpose 2 $5,060,860.00 $ 150,000.00 $4, 910,860.00
Illinois Municipal 3 734,700.00 35,000.00 699,700.00
Retirement Fund
Corporate Purpose Bonds 4 259,100.00 122, 900.00 136,200.00
Series 1992
Police Pension 5 655,827.00 0.00 655,827.00
Fire Pension 6 764,158.00 0.00 764,158.00
Corporate Purpose Bonds 7 699,307.50 369,880.00 329,427.50
Series 1993-A
Corporate Purpose Bonds 8 239, 925.00 94,500.00 145,425.00
Series 1994
Corporate Purpose Bonds 9 246, 100.00 160, 000.00 86, 100.00
Series 1995-A
Corporate Purpose Bonds 10 304,875.00 304,875.00 0.00
Series 1998
Total $8, 964,852.50 $1,237,155.00 $7,727, 697.50
Section 9. The Village Clerk is hereby authorized and directed to file a
certified copy of this ordinance with the County Clerks of Cook and Lake
Counties, Illinois.
Section 10. This ordinance shall be in full force and effect from and after
its passage and approval in the manner provided by law. This ordinance shall not
be codified.
AYES:
NAYES•
ABSENT:
PASSED: APPROVED:
Village President
ATTEST:
Village Clerk
VILLAGE OF BUFFALO GROVE
PROPERTY TAX LEVIES/ABATEMENTS
TAX LEVIES FOR CALENDAR YEARS-
1977 THROUGH 2O00-ESTIMATE
VILLAGE-WIDE TAX RATE-2000$.6866(1999 RATE-$.6866)
TAX YEAR GROSS TAX LEVY TOTAL ABATEMENTS PERCENT OF LEVY PER$100 AE.V.
2000 8,964,852.50 1,237,155.00 13.80% 0.1118
1999 9,433,325.25 2,259,316.25 23.95% 0.2100
1998 9,462,175.00 2,779,798.00 29.38% 0.2711
1997 9,402,W.00 2,840,086.00 30.21% 0.2944
1996 9,263,086.00 2,690,475.00 29.05% 0.2902
1995 9,808,585.00 3,692,565.00 37.65% 0.4282
1994 10,457,746.50 4,338,923.00 41.49% 0.5465
1993 9,100,076.00 3,143,595.00 34.54% 0.4182
1992 9,872,467.83 3,909,760.00 39.60% 0.5590
1991 9,150,148.00 3,244,717.50 35.46% 0.5160
1990 8,239,828.50 3,502,425.50 42.51% 0.6296
1989 7,981,876.00 3,155,566.00 39.53% 0.6783
1988 7,430,251.00 3,162,812.50 42.57% 0.8616
1987 6,967,491.00 3,017,822.50 43.31% 0.9871
1986 6,787,077.00 2,913,560.50 42.93% 1.1628
1985 6,322,081.00 2,665,613.00 42.16% 1.2396
1984 6,582,234.00 2,960,788.00 44.98% 1.5097
1983 4,595,220.00 1,475,913.00 32.12% 0.8364
1982 4,333,846.00 2,211,266.00 51.02% 1.2653
1981 2,349,911.00 200,905.00 8.55% 0.1213
1980 1,913,797.00 301,408.00 15.75% 0.1945
1979 1,087,661.00 170,940.00 15.72% 0.1380
1978 945,976.00 168,020.00 17.76% 0.1574
1977 826,565.00 175,100.00 21.18% 0.1987
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VILLAGE OF BUFFALO GROVE
FINAL DISTRIBUTION OF 2000 PROPERTY TAX LEVY;AFTER TAX ABATEMENT CONSIDERATION
WITH ESTIMATED ASSESSED VALUATION;PRIOR TO CONSIDERATION OF PRIOR YEAR TAX ADJUSTMENTS
PERCENTAGE OF DISTRIBUTION FOR
LEVY PURPOSES. BASED ON FINAL
PERCENT OF TAX DISTRIBUTION COOK COOK LAKE LAKE TOTAL WEIGHTED FUND
USED FOR PROPERTY TAX EXTENSION RATE EXTENSION RATE EXTENSION RATE DISTRIBUTION
REAPPORTIONMENT(1999 LEVY) 24 92% 75.08% 100.00% PERCENTAGE
TAX LEVIES:
CORPORATE 337,939.92 0.1540 1,018,159.29 0.1148 1,356,099.21 0.1226 27.61%
AUDIT 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
STREET AND BRIDGE 117,064.85 0.0534 352,697.78 0.0398 469,762.63 0.0425 9.57%
STREET LIGHTING 39,610.31 0.0181 119,339.55 0.0135 158,949.86 0.0144 3.24%
POLICE PROTECTION 88,050.93 0.0401 265,283.45 0.0299 353,334.38 0.0319 7.19%
FIRE PROTECTION 629,601.99 0.2870 1,896,890.75 0.2139 2,526,492.74 0.2284 51.45%
ESDA 2,688.00 0.0012 8,098.50 0,0009 10,786.50 0.0010 0.22%
CROSSING GUARD 8,830.32 0.0040 26,604.36 0.0030 35,434.68 0.0032 0.72%
SUB-TOTAL:CORPORATE 1,223,786.31 0.5578 3,687073.69 0.4158 4,910,860.00 0.4439 63.55%
IMRF 174,365.24 0.0795 525,334.76 0.0592 699,700.00 0.0633 9.05%
CORP PURP BONDS-STREETS-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-84 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-88 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-95A 21,456.12 0.0098 64,643.88 0.0073 86,100.00 0.0078 1.11%
GOLF COURSE DEBT SERVICE 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
ARBORETUM GOLF COURSESERIES-87 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
ARBORETUM GOLF COURSESERIES-91 27,343.33 0.0125 82,381.12 0.0093 109,724.45 0.0099 1.42%
CORP PURP BONDS-FACILITIES-86 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-FACILITIES-89 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-FACILITIES-92 33,941.04 0.0155 102,258.96 0.0115 136,200.00 0.0123 1.76%
CORP PURP BONDS-FACILITIES-93A 54,750.00 0.0250 164,953.05 0.0186 219,703.05 0.0199 2.84%
CORP PURP BONDS-FACILITIES-94 36,239.91 0.0165 109,185.09 0.0123 145,425.00 0.0131 1.88%
POLICE PENSION 163,432.09 0.0745 492,394.91 0.0555 655,827.00 0.0593 8.49%
FIRE PENSION 190,428.17 0.0868 573,729.83 0.0647 764,158.00 0.0691 9.89%
CORP PURP BONDS-WATER-81 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-82 0.00 0.0000 0.00 0.0000 0.00 0,0000 0.00%
CORP PURP BONDS-WATER-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-84 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-98 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
TOTAL 1925742.22 0.8778 5,801,955.28 0.6542 7,727,697.50 0.6986 100.00%
ESTIMATED E.A.V.
COOK 219,376,122
LAKE 886,836,371
TOTAL 1,106,212,493
NET LEVY(AFTER ABATEMENT)ANALYSIS-2000 VS 1999,BY LEVY CATEGORY:
2000 REQUEST 1999 REQUEST CHANGE-$ CHANGE-% 1999 EXTENSION CHANGE-%
CORPORATE 4,910,860.00 4,688,940.00 221,920.00 4.73% 4,820,126.89 1.88%
SPECIAL PURPOSEHMRF 699,700.00 699,070.00 630.00 0.09% 722,809.93 -3.20%
PENSION 1,419,985.00 1,247,239.00 172,746.00 13.85% 1,279,441.38 10.98%
DEBT SERVICE 697,152.50 538,760.00 158,392.50 29.40% 562,852.62 23.86%
TOTAL 7,727,697.50 7,174,009.00 553,688.50 7.72% 7,385,230.82 4.64%
FINAL EXTENSION-1999 LEVY 7,385,230.82 342,466.68 4.64%
INITIAL 2000 LEVY-GROSS 8,964,852.50 - (1,237,155.00) -13.80%
VILLAGE OF BUFFALO GROVE
FINAL DISTRIBUTION OF 2000 PROPERTY TAX LEVY;AFTER TAX ABATEMENT CONSIDERATION
WITH ESTIMATED ASSESSED VALUATION;PRIOR TO CONSIDERATION OF PRIOR YEAR TAX ADJUSTMENTS
WITH TAX YEAR 1999 CREDITS APPLIED AS ESTIMATED-LAKE COUNTY ONLY
PERCENTAGE OF DISTRIBUTION FOR
LEVY PURPOSES. BASED ON FINAL
PERCENT OF TAX DISTRIBUTION COOK COOK LAKE LAKE TOTAL WEIGHTED FUND
USED FOR PROPERTY TAX EXTENSION RATE EXTENSION RATE EXTENSION RATE DISTRIBUTION
REAPPORTIONMENT-(1999 LEVY) 24.92% 75.08% 100.00% PERCENTAGE
TAX LEVIES:
CORPORATE 337,939.92 0.1540 984,793.67 0.1110 1,322,733.59 0.1196 27.56%
AUDIT 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
STREET AND BRIDGE 117,064.85 0.0534 342,289.95 0.0386 459,354.80 0.0415 9.57%
STREET LIGHTING 39,610.31 0.0181 115,817.94 0.0131 155,428.25 0.0141 3.24%
POLICE PROTECTION 88,050.93 0.0401 257,455.14 0.0290 345,506.07 0.0312 7.20%
FIRE PROTECTION 629,601.99 0.2870 1,840,915.02 0.2076 2,470,517.01 0.2233 51.48%
ESDA 2,688.00 0.0012 7,829.33 0.0009 10,517.33 0.0010 0.22%
CROSSING GUARD 8,830.32 0.0040 25,819.29 0.0029 34,649.61 0.0031 0.72%
SUB-TOTAL:CORPORATE 1,223,786.31 0.5578 3,574,920.35 0.4031 4,798,706.66 0.4338 63.51%
IMRF 174,365.24 0.0795 508,485.43 0.0573 682,850.67 0.0617 9.04%
CORP PURP BONDS-STREETS-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-84 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-88 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-STREETS-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDSSTREETS-95A 21,456.12 0.0098 60,041.75 0.0068 81,497.87 0.0074 1.08%
GOLF COURSE DEBT SERVICE 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
ARBORETUM GOLF COURSE-SERIES-87 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
ARBORETUM GOLF COURSE-SERIES-93) 27,343.33 0.0125 79,974.30 0.0090 107,317.63 0.0097 1.42%
CORP PURP BONDS-FACILITIES-86 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-FACILITIES-89 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-FACILITIES-92 33,941.04 0.0155 99,748.99 0.0112 133,690.03 0.0121 1.77%
CORP PURP BONDS-FACILITIES-93A 54,750.00 0.0250 162,976.01 0.0184 217,726.01 0.0197 2.88%
CORP PURP BONDS-FACILITIES-94 36,239.91 0.0165 107,517.50 0.0121 143,757.41 0.0130 1.90%
POLICE PENSION 163,432.09 0.0745 477,388.48 0.0538 640,820.57 0.0579 8.48%
FIRE PENSION 190,428.17 0.0868 558,986.67 0.0630 749,414.84 0.0677 9.92%
CORP PURP BONDS-WATER-81 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-82 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-84 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
CORP PURP BONDS-WATER-98 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00%
TOTAL 1,925,742.22 0.8778 5,630,039.47 0.6348 7,555,781.69 0.6830 100.00%
ESTIMATED E.A.V.
COOK 219,376,122
LAKE 886,836,371
TOTAL 1,106,212,493
NET LEVY(AFTER ABATEMENT)ANALYSIS-2000 VS 1999,BY LEVY CATEGORY:
2000 REQUEST 1999 REQUEST CHANGE-$ CHANGE-% 1999 EXTENSION CHANGE-%
CORPORATE 4,798,706.66 4,688,940.00 109,766.66 2.34% 4,820,126.89 -0.44%
SPECIAL PURPOSEAMRF 682,850.67 699,070.00 (16,219.33) -2.32% 722,809.93 -5.53%
PENSION 1,390,235.41 1,247,239.00 142,996.41 11.47% 1,279,441.38 8.66%
DEBT SERVICE 683,988.95 538,760.00 145,228.95 26.96% 562,852.62 21.52%
TOTAL 7,555,781.69 7,174,009.00 381,772.69 5.32% 7,385,230.82 2.31%
FINAL EXTENSION-1999 LEVY 7,385,230.82 170,550.87 2.31%
INITIAL 2000 LEVY-GROSS 8,964,852.50 - (1,409,070.81) -15.72%
VILLAGE OF BUFFALO GROVE
ESTIMATED DISTRIBUTION OF 2000 PROPERTY TAX LEVY
PRIOR TO TAX ABATEMENT CONSIDERATION;WITH ESTIMATED ASSESSED VALUATION
PERCENTAGE OF DISTRIBUTION FOR
LEVY PURPOSES. BASED ON FINAL
PERCENT OF TAX DISTRIBUTION COOK COOK LAKE LAKE TOTAL WEIGHTED
USED FOR PROPERTY TAX LEVY RATE LEVY RATE LEVY RATE
REAPPORTIONMENT-(1999 LEVY) 24 92% 75.08% 100.00%
TAX LEVIES:
CORPORATE 375,319.92 0.1711 1,130,779.29 0.1275 1,506,099.21 0.1361
AUDIT 0.00 0.0000 0.00 0.0000 .0.00 0.0000
STREET AND BRIDGE 117,064.85 0.0534 352,697.78 0.0398 469,762.63 0.0425
STREET LIGHTING 39,610.31 0.0181 119,339.55 0.0135 158,949.86 0.0144
POLICE PROTECTION 88,050.93 0.0401 265,283.45 0.0299 353,334.38 0.0319
FIRE PROTECTION 629,601.99 0.2870 1,896,890.75 0.2139 2,526,492.74 0.2284
ESDA 2,688.00 0.0012 8,098.50 0.0009 10,786.50 0.0010
CROSSING GUARD 8,830.32 0.0040 26,604.36 0.0030 35,434.68 0.0032
SUB-TOTAL:CORPORATE 1,261,166.31 0.5749 3,799,693.69 0.4285 5,060,860.00 0.4575
IMRF 183,087.24 0.0835 551,612.76 0.0622 734,700.00 0.0664
CORP PURP BONDSSTREETS-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDSSTREETS-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-STREETS-88 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDSSTREETS-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000
GOLF COURSE DEBT SERVICE 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSESERIES-87 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSESERIES-93A 99,541.56 0.0454 299,902.89 0.0338 399,444.45 0.0361
CORP PURP BONDS-FACILITIES-86 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-89 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-92 64,567.72 0.0294 194,532.28 0.0219 259,100.00 0.0234
CORP PURP BONDS-FACILITIES-93A 74,725.87 0.0341 225,137.18 0.0254 299,863.05 0.0271
CORP PURP BONDS-FACILITIES-94 59,789.31 0.0273 180,135.69 0.0203 239,925.00 0.0217
COPR PURP BONDS-FACILITIES-95A 61,328.12 0.0280 184,771.88 0.0208 246,100.00 0.0222
POLICE PENSION 163,432.09 0.0745 492,394.91 0.0555 655,827.00 0.0593
FIRE PENSION 190,428.17 0.0868 573,729.83 0.0647 764,158.00 0.0691
CORP PURP BONDS-WATER-81 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-98 75,974.85 0.0346 228,900.15 0.0258 304,875.00 0.0276
TOTAL 2,234,041.24 1.0184 6,730,811.26 0.7590 8,964,852.50 0.8104
ESTIMATED EAV.
COOK 219,376,122
LAKE 886,836,371
TOTAL 1,106,212,493
GROSS,PRE-ABATEMENT LEVY ANALYSIS-2000 VS 1999,BY LEVY CATEGORY:
2000 REQUEST 1999 REQUEST CHANGE-$ CHANGE-%
CORPORATE 5,060,860.00 4,813,940.00 246,920.00 5.13%
SPECIAL PURPOSE/IMRF 734,700.00 719,070.00 15,630.00 2.17%
PENSION 1,419,985.00 1,247,239.00 172,746.00 13.85%
DEBT SERVICE 1,749,307.50 2,653,076.25 (903,768.75) -34.06%
TOTAL 8 964 852.50 9,433,325.25 (468,472.75) -4.97%
VILLAGE OF BUFFALO GROVE
FINAL DISTRIBUTION OF 1999 PROPERTY TAX LEVY
AFTER TAX ABATEMENT CONSIDERATION;WITH FINAL ASSESSED VALUATION
PERCENTAGE OF DISTRIBUTION FOR
LEVY PURPOSES. BASED ON FINAL
PERCENT OF TAX DISTRIBUTION COOK COOK LAKE LAKE TOTAL WEIGHTED
USED FOR PROPERTY TAX EXTENSION RATE EXTENSION RATE EXTENSION RATE
REAPPORTIONMENT-(1999 LEVY) 24 92% 75.08% 102.38%
TAX LEVIES:
CORPORATE 348,180.03 0.1591 1,052,559.09 0.1228 1,400,739.12 0.1302
AUDIT 0.00 0.0000 0.00 0.0000 0.00 0.0000
STREET AND BRIDGE 108,572.27 0.0496 328,327.68 0.0383 436,899.95 0.0406
STREET LIGHTING 36,736.74 0.0168 111,093.64 0.0130 147,830.38 0.0137
POLICE PROTECTION 81,663.19 0.0373 246,953.35 0.0288 328,616.54 0.0305
FIRE PROTECTION 583,926.93 0.2668 1,765,822.67 0.2061 2,349,749.60 0.2184
ESDA 2,690.91 0.0012 8,491.23 0.0010 11,182.14 0.0010
CROSSING GUARD 8,189.72 0.0037 24,766.10 0.0029 32,955.82 0.0031
SUB-TOTAL:CORPORATE 1,169,959.79 0.5346 3,538,013.76 0.4129 4,707,973.55 0.4377
IMRF 174,428.02 0.0797 531,532.58 0.0620 705,960.60 0.0656
CORP PURP BONDS-STREETS-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-STREETS-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-STREETS-88 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-STREETS-95 45,387.39 0.0207 145,179.82 0.0171 190,567.21 0.0177
GOLF COURSE DEBT SERVICE 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSE-SERIES-87 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSESERIES-93A 24,989.19 0.0114 75,926.11 0.0091 100,915.30 0.0094
CORP PURP BONDS-FACILITIES-86 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-89 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-92 26,099.31 0.0119 79,180.08 0.0092 105,279.39 0.0098
CORP PURP BONDS-FACILITIES-93A 20,630.89 0.0094 62,367.87 0.0073 82,998.76 0.0077
CORP PURP BONDS-FACILITIES-94 17,322.47 0.0079 52,605.94 0.0061 69,928.41 0.0065
POLICE PENSION 157,006.05 0.0717 473,396.21 0.0552 630,402.26 0.0586
FIRE PENSION 154,198.51 0.0705 465,091.02 0.0543 619,289.53 0.0576
CORP PURP BONDS-WATER-81 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000
TOTAL 1,790,021.62 0.8180 5,423,293.39 0.6333 7,213,315.01 0.6706
FINAL EAV.
COOK 218,829,049
LAKE 856,846,735
TOTAL 1,075,675,784
NET,POST-ABATEMENT LEVY ANALYSIS-1999 VS 1998 EXTENSION,BY LEVY CAPACITY:
99 EXTENSION 98 EXTENSION CHANGE-$ CHANGE-%
CORPORATE 4,707,973.55 4,604,735.07 103,238.48 2.24%
SPECIAL PURPOSE/IMRF 705,960.60 715,438.54 (9,477.94) -1.32%
PENSION 1,249,691.79 1,180,184.80 69,506.99 5.89%
DEBT SERVICE 549,689.07 292,628.87 257,060.20 87.850/o
TOTAL 7,213,316.01 6,792,987.28 420,327.73 6.19%
VILLAGE OF BUFFALO GROVE
FINAL DISTRIBUTION OF 1999 PROPERTY TAX LEVY
AFTER TAX ABATEMENT CONSIDERATION;WITH FINAL ASSESSED VALUATION
PERCENTAGE OF DISTRIBUTION FOR
LEVY PURPOSES. BASED ON FINAL
PERCENT OF TAX DISTRIBUTION COOK COOK LAKE LAKE TOTAL WEIGHTED
USED FOR PROPERTY TAX EXTENSION RATE EXTENSION RATE EXTENSION RATE
REAPPORTIONMENT-(1999 LEVY) 24 92% 77.46% 102.38%
TAX LEVIES:
CORPORATE 348,180.03 0.1591 1,085,924.71 0.1268 1,434,104.74 0.1333
AUDIT 0.00 0.0000 0.00 0.0000 0.00 0.0000
STREET AND BRIDGE 108,572.27 0.0496 338,735.51 0.0395 447,307.78 0.0416
STREET LIGHTING 36,736.74 0.0168 114,615.25 0.0134 151,351.99 0.0141
POLICE PROTECTION 81,663.19 0.0373 254,781.66 0.0297 336,444.85 0.0313
FIRE PROTECTION 583,926.93 0.2668 1,821,798.40 0.2126 2,405,725.33 0.2236
ESDA 2,690.91 0.0012 8,760.40 0.0010 11,451.31 0.0011
CROSSING GUARD 8,189.72 0.0037 25,551.17 0.0030 33,740.89 0.0031
SUB-TOTAL:CORPORATE 1,169,959.79 0.5346 3,650,167.10 0.4260 4,820,126.89 0.4481
IMRF 174,428.02 0.0797 548,381.91 0.0640 722,809.93 0.0672
CORP PURP BONDSSTREETS-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDSSTREETS-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDSSTREETS-88 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDSSTREETS-95 45,387.39 0.0207 149,781.95 0.0176 195,169.34 0.0181
GOLF COURSE DEBT SERVICE 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSE-SERIES-87 0.00 0.0000 0.00 0.0000 0.00 0.0000
ARBORETUM GOLF COURSESERIES-93A 24,989.19 0.0114 78,332.93 0.0091 103,322.12 0.0096
CORP PURP BONDS-FACILITIES-86 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-89 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-FACILITIES-92 26,099.31 0.0119 81,690.05 0.0095 107,789.36 0.0100
CORP PURP BONDS-FACILITIES-93A 20,630.89 0.0094 64,344.91 0.0075 84,975.80 0.0079
CORP PURP BONDS-FACIUTIES-94 17,322.47 0.0079 54,273.53 0.0063 71,596.00 0.0067
POLICE PENSION 157,006.05 0.0717 488,402.64 0.0570 645,408.69 0.0600
FIRE PENSION 154,198.51 0.0705 479,834.18 0.0560 634,032.69 0.0589
CORP PURP BONDS-WATER-81 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-82A 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-84 0.00 0.0000 0.00 0.0000 0.00 0.0000
CORP PURP BONDS-WATER-93B 0.00 0.0000 0.00 0.0000 0.00 0.0000
TOTAL 1,790,021.62 0.8180 5,595,209.20 0.6530 7,385,230.82 0.6866
FINAL E.A.V.
COOK 218,829,049
LAKE 856,846,735
TOTAL 1,075,675,784
NET,POSTABATEMENT LEVY ANALYSIS-1999 VS 1998 EXTENSION,BY LEVY CAPACITY.
99 EXTENSION 98 EXTENSION CHANGE-$ CHANGE-%
CORPORATE 4,820,126.89 4,604,735.07 215,391.82 4.68%
SPECIAL PURPOSE/IMRF 722,809.93 715,438.54 7,371.39 1.03%
PENSION 1,279,441.38 1,180,184.80 99,256.58 8.41%
DEBT SERVICE 562,852.62 292,628.87 270,223.75 92.34%
TOTAL 7,385,230.82 6,792,987.28 592,243.54 8.72%
VILLAGE OF BUFFALO GROVE
PROPERTY TAX RATES(AS EXTENDED)
SUMMARY VILLAGE RATE BY COUNTY/WEIGHTED FOR ENTIRE VILLAGE
TAX COOK LAKE WEIGHTED
YEAR COUNTY COUNTY RATE
1978 0.8516 0.6700 0.7386
1979 0.7402 0.6610 0.6990
1980 1.0410 1.1600 1.1030
1981 1.29W 1.2460 1.2700
1982 1.3220 1.0640 1.1898
1983 1.9850 1.5700 1.7610
1984 1.9770 1.6810 1.8187
1985 1.9059 1.5810 1.7183
1988 1.7820 1.3950 1.5428
1987 1.5810 1.1470 1.2832
1988 1.4480 1.0500 1.1640
1989 1.0850 1.0240 1.0412
1990 0.9589 0.8550 0.8824
1991 1.1610 0.8820 0.9482
1992 0.9070 0.8150 0.8381
1993 0.8830 0.7930 0.8141
1994 0.8951 0.7490 0.7811
1995 0.8030 0.7280 0.7433
1996 0.7853 0.8870 0.7078
1997 0.7630 0.6750 0.6928
1998 0.7181 0.6480 0.6624
1999 0.8180 0.6530 0.8868
Board Agenda Item Submittal xII-B
Requested By: Robert E Pfeil Entered By: Robert E Pfeil
Agenda Item Title:
Ordinance 2000- Amending Section 10.01.040.13.of the Municipal Code concerning the fair market value of
land dedicated for park, recreation and school sites
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
0 Consent Agenda
12/06/2000 12/11/2000 0 Regular Agenda Planning
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 No
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
The Buffalo Grove Park District and local school districts have requested that the Village adjust
the fair market land value in Title 19 of the Municipal Code concerning donations by developers
of residential property. The current value used in the ordinance, $101,259 per acre, was
established in November 1994. This value is used when a cash donation is received in lieu of
land dedication for school or park sites.
In updating the figure, we have used information from the Vernon Township Tax Assessor
concerning the sale of undeveloped sites that were sold for residential development in the
Village. There are relatively few sales to use in computing a new value per acre. The sale prices
range from $73,439 to $149,123 per acre for properties sold between 1995 and 1999. The
attached table lists these properties.
The methodology used to compute the new land value figure averages the three highest land
sales since 1995. This average is $140,646. If all five land sales between 1995 and 1999 are
used, the average figure would be $117,791.
I suggest that the per acre land value be increased to $140,650 based on the average of the three
highest land sales. This is an increase of 38.9% over the current land value used to calculate cash
donations.
Land values used by other communities are listed in the attached letter from Michael Rylko of
the Buffalo Grove Park District.
The draft ordinance is also attached.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
a
Land—Sales Residential.PDF
MR Ikoletter.pdf
CCohenitr. df
b
ORD 12062000.PDF
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
12/6/2000
ORDINANCE 2000 -
AN ORDINANCE AMENDING SECTION 19.01.040.B. OF THE
MUNICIPAL CODE CONCERNING THE
FAIR MARKET VALUE OF LAND DEDICATED FOR
PARK, RECREATION AND SCHOOL SITES
WHEREAS, the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois
Constitution of 1970; and,
WHEREAS, the Village has redetermined the fair market value of land in the Village
dedicated as park, recreation and school sites to be greater than one hundred and one thousand,
two hundred and fifty nine dollars ($101,259)per acre.
NOW THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES,
ILLINOIS:
Section 1. Section 19.01.040.13. of the Municipal Code of the Village of Buffalo
Grove is hereby amended to read as follows:
Fair Market Value. The cash contributions in lieu of land shall be based on the fair
market value of the acres of land in the area improved as specified herein, that otherwise
would have been dedicated as park and recreation and school sites. It has been
determined that the present fair market value of such improved land in and surrounding
the Village is one hundred and forty thousand, six hundred and fifty dollars ($140,650)
per acre and such figure shall be used in making any calculation herein.
Section 2. This Ordinance shall be in full force and effect from and after its passage
and approval.
AYES:
NAYES:
ABSENT:
PASSED:
APPROVED:
2
PUBLISHED:
APPROVED:
ELLIOTT HARTSTEIN, VILLAGE PRESIDENT
ATTEST:
VILLAGE CLERK
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April 3,2000
Mr.William Balling
Village of Buffalo Grove
50 Raupp Blvd.
Buffalo Grove,IL 60089
Dear Bill:
It is hard to believe,but it has been 6 years since we have reviewed and upgraded the Title 19 Developer Donation
Ordinance.
The Park District Staff has contacted the same Chicago metropolitan communities as we did in 1994 and have
provided the following comparison for your review.
Subdivision 1994 2000
Glen Ellyn 110,000 150,000
Lincolnshire 110,000 220,000
Libertyville 90,000 120,000
Burr Ridge 114,600 114,600
Downers Grove 115,000 115,000 sf
150,000 150,000 mf
Deerfield 175,000 175,000
I know the Village Staff likes to provide their own land use analysis to justify and recommend an increase to the
Village Board.
On behalf of the park district and school districts,I ask that you consider an increase to the Title 19 Developer
Donation Ordinance. If we can be of any assistance,feel free to contact us.
Please advise us if you would like the park district and school districts to be represented at a future meeting.
Thank you for your consideration and assistance.
Sincerely,
Michael lko-
Director of Parks and Recreation
cc: Dr.Lloyd DesCarpentrie, School District 21
Dr.Thomas Many,School District 96
Dr.Douglas Parks,School District 102
Mr. Scott Guziec,School District 103
Dr.Richard DuFour, School District 125
Dr.Liz Ennis, School District 214
gA/,Y,17/&.5-e 21ee 0 .fir/S,17,1 J-7,11
F APTAKISIC-TRIPP
COMMUNITY CONSOLIDATED SCHOOL DISTRICT 102
1231 Weiland Road,Buffalo Grove,Illinois 60089-7040,(847)353-5650
DISTRICT OFFICE FAX(847)634-5334, SUPERINTENDENT'S FAX(847)279-1485
Web Site:www.aptakisic.lake.kl2.il.us
BOARD OF EDUCATION ADMINISTRATION
Mindy Lehtman,President rt�All Learn,,to Dr.Douglas Parks,Superintendent
h Jeffrey C.Newman,Vice President x Dr.Arleen Armanetti
Stuart M.Bookman,Secretary Assistant Superintendent,Curr.&Instruction
Cathleen A Belmonte,Treasurer Charles Cohen
Barbara T.Newmark ! Assistant Superintendent,Business Services
Fredi Beth Schmutte James Walker,Jr.
Leslie Thompson Assistant Superintendent,Admin.Services
November 8,2000
Mr.Bill Balling,Village Manager
Village of Buffalo Grove
50 Raupp Blvd,
Buffalo Grove,Illinois 60089
Dear Mr.Balling:
Enclosed please find a copy of an Impact Fee survey that was done by Fremont School
District 79 to which Aptakisic-Tripp participated.
Please note that based on the current breakdown sheet,it seems as if our local Title 19
Ordinance has slipped far behind other agreements in Lake County. Could you
please share your thoughts with me concerning this state of affairs.
Thank you very much. I look forward to your response.
Sincerely,+//J
Charles L.Cohen
Assistant Superintendent Business Services
CLC:hn
cc: Dr.Douglas Parks,Superintendent of Schools
Fremont School District 79
Impact Fee Survey 2000-2001
Attached Single Family Detached Single Family
#of Bedrooms #of Bedrooms
2 3 4 3 4 5
Grayslake#46
Grayslake 541.33 1,152.00 1,462.50 2,493.45 3,517.45 1,673.45
Round Lake*
Hainsville 1,096.00 2,336.00
Round Lake Beach 775.00 1,356.24
Woodland#50 840.00 1,184.00 2,264.00 2,232.00 3,692.00 2,652.00
Lake Forest#67**
Oak Grove#68 2,166.36 3,210.86 4,023.24
Libertyville#70*** 252.00 688.00 1,417.00 1,632.00 2,431.00 3,058.00
Hawthorn#73
Development#1 2,493.82 2,944.25 4,226.00
Development#2 2,959.00 3,443.00 3,821.00
Mundelein#75 2,100.00 2,100.00
Lake Zurich#95 636.00 1,020.00 1,956.00 2,545.80 4,336.95 5,206.50
Aptakisic Triaa#102 162.75 440.59 941.48 1,079.25 1,623.58 2,048.81
Lincolnshire#103 929.00 1,410.00 2,491.00 2,374.00 4,044.00 2,904.00
Fox Lake#114 675.00 1,125.00 2,250.00 2,025.00 3,488.00 -
'Average oll 1Nstrkts 656.34 1,190.20 1,826.00 2,190.97 3,166.46 2,961.30
Olstrkt#79 crrrent 2,168.00 3,312.00 2,372.00
*Grayslake#46 has an agreement with developer of 718 unit subdivision in Round Lake to donate 11 acres of
land and a cash donation of$1,150,000,which calculates to an impact fee of$2750.70 if all units are
considered 4 bedrooms for calculation purposes.
**Lake Forest#67 receives$4,500 for each attached single family home and$7,000 for each detached single
family home,regardless of number of bedrooms
***Impact fee agreement reached with developer is indexed for inflation based upon year building
permit is issued.
****Average of All Districts does not take into consideration the impact fees for Lake Forest School District#67
and the Round Lake impact fee settlement for Grayslake#46.
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Board Agenda Item Submittal xII-C
Requested By: Scott D Anderson Entered By: Scott D Anderson
Agenda Item Title:
Resolution No.2000- A Resolution Adopting the Fiscal 2001 Budgets for the Buffalo Grove Golf Club and
Arboretum Golf Course Funds.
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
0 Consent Agenda
12/06/2000 12/11/2000 0 Regular Agenda Finance&GS
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 NO
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
Attached please find a resolution for consideration by the President and Board of Trustees on
December 11,2000 approving FY2001 budgets for both the Buffalo Grove Golf Club and
Arboretum Golf Course Funds. Copies of the budget have been distributed and any amendments to
materials previously submitted will be forwarded by December 31,2000.Also attached are
responses by staff to issues relating to the budget presentation on November 20,2000.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
WRBResp.pdf
El
2001 budgetresponse.pc
El
Golfbud.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
RESOLUTION NO. 2000-
A RESOLUTION ADOPTING THE FISCAL 2001 BUDGETS FOR THE
BUFFALO GROVE GOLF CLUB AND ARBORETUM GOLF COURSE FUNDS
WHEREAS, the Fiscal 2001 Budgets for the Buffalo Grove Golf Club and
Arboretum Golf Course Funds have been prepared and submitted for the review and
consideration by the President and Board of Trustees of the Village of Buffalo
Grove; and
WHEREAS, the review and consideration of the document occurred on November
20, 2000 at the Regular Board Meeting of that day; and
WHEREAS, pending any changes to, and reports on, various segments of the
Budget content, the document can be considered for adoption.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, that:
SECTION 1. The FY 2001 Budgets for the Buffalo Grove Golf Club and
Arboretum Golf Course Funds are hereby adopted after consideration of any
and all changes and reports as requested by the President and Board of
Trustees up to and through December 11, 2000.
SECTION 2 . Upon approval of the proposed Program Budgets, authority is
hereby given to the Village Manager to place the document into final form
for distribution by December 31, 2000.
AYES:
NAPES:
ABSENT:
PASSED: 2000.
APPROVED: 2000.
Village President
ATTEST:
Village Clerk
To; William R. Balling
From; Scott D. Anderson
CC; Carmen Molinaro
Date; 12/07/00
Re; Golf Budget Presentation Follow up
Following the golf budget presentation on November 20, Trustee Braiman raised
several points about some of the budgeted line items, the scope of the marketing
plan, and the budgeting strategies that were proposed. I will address those concerns
and, hopefully, provide further substantiation for this year's budget.
Revenue and Expense Proiections:
The challenge of budgeting for a golf course is trying to account for variables such
as weather, regional competition, and play levels, and try to make a determination
of what a "normal" golf season will be. The only thing that is a given is that we will
not have a "normal" season. Because of this uncertainty, conservative estimates are
used to budget revenues while expenses are calculated to be slightly more
aggressive. It is these uncertainties that make it unfair to gauge budget growth by
comparing the previous year's estimated actuals to the current year's requested
budget totals. Growth should be measured budget to budget as the same strategies
are implemented for those totals. The estimated actuals merely reflect the deviation
from what a "normal" season would have been.
One of the strengths of Carmen and his staff is prudent expense control.
Unfortunately, by not attaining budgeted expense amounts there is an appearance
that perhaps the numbers are over-inflated to guarantee that one makes his
budget. At the golf courses, there is not a prevailing attitude of charging up to the
budget to ensure increased funding for the next year. It is through this controlled
spending that many of the improvements (maintenance building and dual irrigation
system) at Buffalo Grove Golf course were able to be cash financed. Those two
projects alone account for more than one million dollars. The budget does allow for
surpluses as reserve funds have been established and funded for both the
replacement of capital and computer equipment. Currently there is $723,000
available in these funds for future capital acquisition. I believe that this budget
accurately reflects a weather driven enterprise fund with no secure source of
revenue.
Reserve Funds:
Both courses have significant capital reserve funds within each operating budget in
addition to the unallocated reserves that have been generated for the past several
years. At Buffalo Grove, the Central Garage reserve is budgeted at $46,059, the
0 Page 1
computer reserve is budgeted at $3,500, and there is a $40,000 transfer to the
Arboretum Golf Club, In addition, the Buffalo Grove Golf Course contributes $45,800
to the Corporate Fund to offset in kind staff services provided although one could
argue that this amount could also be designated as a reserve.
At Arboretum, the Central Garage reserve is $53,000. There is no computer reserve
payment for the fiscal year. There also is no transfer out of Arboretum due to the
sizable debt load at this course. In Central Garage accumulated assets equal
$1,123,468 at both courses.
Specific Line Items:
Account 3077 - Seasonal Salaries. Seasonal salaries have budgeted increases
against the estimated actuals of $38,000 (201/o) at Buffalo Grove Golf Club and
$28,000 (16,47%), I reassessed the estimated actuals for these accounts by going
back over several years and studying payroll history. After making sure that all the
employees were classified correctly and having the payroll liability charged to the
proper fund the estimated actuals at both courses were revised to reflect the
changes. The new estimated actual for seasonal salaries at Buffalo Grove is $209,000
exceeding the FY2000 budget by $1,000. The proposed FY2001 budget is $228,000 or
an increase of 8.33%. The new estimated actual for seasonal salaries at Arboretum is
$181,580 against a FY2000 budget of $184,000. The FY2001 seasonal salary budget is
$198,000(9,04%increase).
The growth at both courses reflects the need for additional staffing. At Buffalo Grove,
the increase is to manage the possible change in play levels due to the closing of a
competing course. The increase at the Arboretum reflects the need for increased
staff to manage the parking congestion that may occur, if the clubhouse project is
underway, between the customers and the construction.
Account 3112 - Professional Training. This year's budget increase incorporates the
need for more management centered training programs as well as courses that
focus on the facets of clubhouse operations. The difficulty of providing substantiation
of the expense results from the lack of information available and the time the
budget is compiled. Much of the training literature for FY2001 will not be received
until late winter. Carmen conducts a strategic planning session in February to discuss
the goals and objectives for the current year. During that session, material will be
available as to what training is offered and the costs of the programs. A
supplemental report will be distributed to the board in March that will itemize the
training in terms of topics and related costs.
Course Markefina Proaram:
The dismay over the scope of the marketing plan pivots around the belief that not
enough effort is being done to sell the course. Carmen has submitted a seven point
plan that uses print programs, radio, television, consumer shows, direct mail, public
interaction at the golf dome, and education programs, to spread the word about
the desirability of spending one's golf dollar in Buffalo Grove.
0 Page 2
If the Arboretum clubhouse project is approved, Carmen and his staff recognize the
importance that marketing will have on selling outings and recruiting the corporate
clientele to the facility. It is not an oversight that the marketing strategy for the
clubhouse is not an integral part of this year's marketing plan. Serious marketing
efforts, including the possibility of outsourcing the work, will be a fiscal year 2002 issue.
Efforts to sell outings and schedule functions at the clubhouse, for the first half of the
playing season in 2002 based upon a flexible construction schedule, may prove to
be risky if the facilities are not completed on time. We will be in a position of offering
refunds and probably losing those individuals as future customers.
As to monitoring the businesses that have been contacted, Carmen has created a
spreadsheet that will record which companies have been contacted about outings,
whether the marketing effort was successful, and if there was repeat business. That
information will be kept on file and available for the board's review.
Respectfully,
Scott D. Anderson
Assistant Director of Finance
0 Page 3
TO: JFFF BRAIMAN
FROM: WILLIAM R. BALLING
DATE: DECEMBER 6, 2000
SUBJECT: YOUR GOMMEN-fS REGARDING TIDE GOLF BUDGET
Jeff, Carmen, Scott and. I have evaluated your questions on the budget and offer you the
enclosed responses. I Iopefully, we gain your support of the budget which will be presented
to the Board on December II. I can assure you that the budget proposal reflects an
accurate representation of the costs to operate the courses through a normal year. I would
like to emphasize that we almost never have a `normal" year and Carmen's taste is to
manage his budgets so that expenses don't overrun revenues, no matter what the revenues
are. Of course, we have been successful over the past several years in building fund equity
at both courses from successful management, and have cash financed over$1 million in
improvements at Buffalo Grove Golf Course from surpluses generated.
We pledge to you and the Board to maintain this management discipline in 2001 and
beyond.
LIAM R. BALLIN
Village Manager
WRB/em
attachment
cc: President&Board of Trustees
cc: Carmen Molinaro
cc: Scott Anderson
OPERATING PERFORMANCE VS BUDGET:
BUFFALO GROVE GOLF CLUB
FY 1994-1999
REVENUE FINAL EXPENSE FINAL FUND
YEAR BUDGET REVENUE VARIANCE BUDGET EXPENSE VARIANCE EQUITY
1994 1,104,100 1,211,322 107,222 1,104,100 1,082,124 (21,976) 1,574,839
1995 1,179,220 1,169,438 (9,782) 1,179,220 1,046,243 (132,977) 1,616,406
1996 1,237,500 1,162,099 (75,401) 1,156,814 1,116,780 (40,034) 1,595,036
1997 1,246,500 1,349,932 103,432 1,244,031 1,190,246 (53,785) 1,685,717
1998 1,310,800 1,412,486 101,686 1,261,482 1,280,804 19,322 1,779,667
1999 1,356,300 1,242,489 (113811) 1348,674 1312420 (36254) 1,768,92.7
TOTAL 7,434,420 7,547,766 1,141,086 7,294,321 7,028,617 (265,704)
15.35% -3.64%
OPERATING PERFORMANCE VS BUDGET:
ARBORETUM GOLF COURSE
FY 1994-1999
REVENUE FINAL EXPENSE FINAL FUND
YEAR BUDGET REVENUE VARIANCE BUDGET EXPENSE VARIANCE EQUITY
1994 1,180,413 1,176,537 (3,876) 1,362,B05 1,288,847 (73,958) 38,928
1995 1,212,448 1,107,635 (104,910) 1,212,445 1,160,275 (52,170) 1,961
1996 1,169,170 1,272,233 103,063 1,204,248 1,239,757 35,509 27,524
1997 1,263,275 1,309,795 46,520 1,262,103 1,289,257 27,154 74,677
1998 1,443,506 1,386,183 (57,323) 1,404,8W 1,389,897 (14,9W) 190,762
1999 1,649,710 1,225,317 (424,393) 1,593,970 1,103,170 (490,800) 312,909
TOTAL 7,918,519 7,477,600 (440,919) 8,040,377 1,103,170 (569,174)
-5.57% -7.08%
NOTES:
IN FISCAL YEARS 1994 AND 1995,RETAINED EARNINGS DROPPED DUE TO THE FOLLOWING FACTORS:
1 IN FISCAL YEAR 1994,THE VILLAGE BOARD AUTHORIZED A DEFICIT BUDGET TO CASH FINANCE
THE MODULAR REST ROOM AND SHOWERILOCKER FACILITY WHICH TOTALED$105,750
2 IN FISCAL YEAR 1995,THE VILLAGE BOARD AUTHORIZED TWO TAXABATEMENTS,THE SECOND
OF WHICH WAS ADOPTED IN FEBRUARY,1995 TO FURTHER REDUCE THE CALENDAR,1954 TAX LEVY.
IN ESSENCE,RETAINED EARNINGS WERE PAID TO OUR SHAREHOLDERS(TAXPAYERS)IN THE FORM
OF ADDITIONAL PROPERTY TAX ABATEMENTS. ALSO,IN 19%,GOLF PLAY WAS AT REDUCED
LEVELS WITH PAID ROUNDS NEARLY 1,900 FEWER THAN IN 1994. THIS WAS ADJUSTED FOR WITH
EXPENSE REDUCTIONS AND DEFERRALS.
Board Agenda Item Submittal xII-D
Requested By: Scott D Anderson Entered By: Scott D Anderson
Agenda Item Title:
Resolution No.2000- Approving the Village of Buffalo Grove Capital Improvement Plan FY 2001/2-2005/6
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
0 Consent Agenda
12/06/2000 12/11/2000 0 Regular Agenda Finance&GS
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 NO
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
Attached, please find a Resolution for consideration by the President and Board of Trustees that
approves the FY 2001-2002 through FY 2005-2006 Capital Improvement Plan. The Plan was
submitted to the Village Board for their review and comment on December 4, 2000 and is in final
form. During the presentation two recommendations were made to change the document. One
project (ST22/99) was moved ahead one year into the 2001-2002 project year. The second
change involved altering the project description for ST32/02. All amended pages have been
included with this memorandum to be incorporated into the original document.
There were no other comments and direction was given to staff to proceed ahead with
finalization, consideration and adoption of the Plan on December 11, 2000. After adoption,
those projects identified for FY 2001-2002 will be integrated into specific department budgets for
further oversight and direction as part of the budget process.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
I.
Cipres.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
RESOLUTION NO. 2000-
A RESOLUTION APPROVING THE VILLAGE OF BUFFALO GROVE
CAPITAL IMPROVEMENT PLAN
FY 2001-2002 THROUGH FY 2005-2006
WHEREAS, the Capital Improvement Plan (CIP) is a tool that will assist the
Village in its future capital implementation and financing strategies; and
WHEREAS, the CIP will cover a five-year period and is intended to be an
annually updated, reviewed and approved budgetary document allowing the Village
Board maximum flexibility to modify, add or delete from the Plan on an annual
basis any and all projects not meeting the goals and objectives of the overall
capital development strategies of the Village; and
WHEREAS, pending final comments, the Plan for the period FY 2001-2002
through FY 2005-2006 can be considered for approval.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that:
Section 1. The Capital Improvement Plan for the period covering FY 2001-
2002 through FY 2005-2006 reviewed by the President and Board of Trustees
on Monday, December 11, 2000 is hereby approved with the understanding
that all projects identified herein shall further be singularly approved
during their respective budget periods.
Section 2 . Those projects identified for FY 2001-2002 will be integrated
into the operating budget for that period within the appropriate fund
group(s) and all projects identified for FY 2001-2002 will be considered
as part of the formal overall review process of the budget document so
submitted.
AYES:
NAYES:
ABSENT:
PASSED: 2000.APPROVED: 2000.
APPROVED:
Village President
Village Clerk
Board Agenda Item Submittal xIv A
Requested By: Dick Kuenkler Entered By: Debra J Wisniewski-PW
Agenda Item Title:
Acceptance of Wheeling/Buffalo Grove Bike Path-Parcel 0003
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
12/05/2000 12/11/2000 0 Consent Agenda PW
0 Regular Agenda
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 NO
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
Attached is the Trustees Deed for the property required to implement the above-mentioned project.
Approval is recommended.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
p0003.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
i
Published to Web:
Dec 01 00 08: 41a P 7
TRUSTEE'S DEED
THIS INDENTURE,dated November 15, 2000
between LA SALLE BANK NATIONAL
ASSOCIATION a National Banking
Association, successor Trustee to American
National Bank and Trust Company of Chicago
duly authorized to accept and execute trusts
within the State of Illinois,not personally but as
Trustee under the provisions of a deed or deeds
in trust duly recorded and delivered to said
Bank in pursuance of a certain Trust Agreement
dated April 8, 1994 known as Trust Number
118160-06 party of the first part,and Village of
Buffalo Grove, a municipal corporation of (Reserved for Recorders Use Only)
Fifty One Raupp Blvd.,Buffalo Grove,II
party/parties of the second part. WITNESSETH, that said party of the first part, in consideration of the sum of TEN ($10.00)
Dollars and other good and valuable consideration in hand paid,does hereby convey and QUIT-CLAIM unto said party/parties of
the second part,the following described real estate,situated in Lake County,Illinois,to-wit:
SEE EXHIBIT A ATTACHED HERETO FOR LEGAL DESCRITPIONAND SUBJECT TO PROVISIONS
Commonly Known As 760 Hastings Lane,Buffalo Grove,Illinois
Permanent Index Numbers 15-34-306-009
together with the tenements and appurtenances thereunto belonging.
TO HAVE AND TO HOLD, the same unto said party of the second part, and to the proper use, benefit and behoof,
forever,of said party of the second part.
This deed is executed by the party of the first part, as Trustee, as aforesaid, pursuant to and in the exercise of the power
and authority granted to and vested in it by the terms of said Deed or Deeds in Trust and the provisions of said Trust Agreement
above mentioned, and of every other power and authority thereunto enabling. This deed is made subject to the liens of all trust
deeds and/or mortgages upon said real estate,if any,recorded or registered in said county.
IN WITNESS WHEREOF, said party of the first part has caused its corporate seal to be hereto affixed,and has caused its
name to be signed to these presents by one of its officers,the day and year first above written.
LASALLE BANK NATIONAL ASSOCIATION
as Trustee,as aforesaid,and not personally,
By: /2'
Reta A.Edwards-Trust Officer
Prepared By: LASALLE BANK NATIONAL ASSOCIATION, 135 S.LASALLE ST,SUITE 2500,CHICAGO IL 60603
STATE OF ILLINOIS )1,the undersigned,a Notary Public in and for said County and State,do hereby certify
COUNTY OF COOK )Reta A.Edwards,Trust Officer of LaSalle Bank National Association personally known to me to be
the same person whose name is subscribed to the foregoing instrument,appeared before me this day in person and acknowledged
that said officer of said association signed and delivered this instrument as a free and voluntary act,for the uses and purposes
therein set forth.
GIVEN under my h uid and r:aiN this28 'clay of Nrs wcwbui,2000.
ie
rAR)� 11..1.1L1_� �FICI L SETAL
MAIL TO: ��",4 R1 0 1.. Al�tARF
SEND FUTURE TAX BILLS TO: tt�"G r tiJSfl ld '6" '1 a tg �k_G r��ti��
1w1 Ccrrrr:urs snn L�X0i es a 0� 1,�, 200,i 1
Rev.8100
12/01/2000 FRI 09:31 ITX/R:( NO 58071
Dec 01 00 08: 42a P. 8
Exhibit "A"
THAT PART OF LOT 2 IN PINES RESUBDIVISION, BEING A RESUHDIVISION OF
LOT 26 IN BUFFALO GROVE COMMERCE CENTER UNIT 2B, A SUBDIVISION OF
PART OF THE SOUT WEST QUARTER OF SECTION' 34, TOWNSHIP 43 NORTH,
RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE
PLAT OF PINES RESUBDIVISION RECORDED MARCH 18, 1992, AS DOCUMENT
NUMBER 3129913, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST
CORNER OF SAID LOT 2; TREINCE SOUTH 88 DEGREES 00 MINUTES 17 SECONDS
WEST ALONG THE SOUTH LINE OF SAID LOT 2, 84 . 53 FEET; THENCE NORT14
01 DEGREES 59 MINUTES 43 SECONDS WEST, PERPENDICULAR TO SAID SOUTH
LINE, S. 00 FEET; THENCE EASTERLY AND NORTHERLY ALONG A CURVED LINE
CONVEX SOUTIiEASTERLY, HAVING A RADIUS OF 50. 00 FEET AND BEING
TANGENT TO A LINE 15. 00 '.FEET WESTERLY OF (AS MEASURED PERPENDICULAR
TO) THE EASTERLY LINE OF SAID LOT 2, 93.21 FEET (THE., CI;ORD 70 SAID
CURVED LINE BEARS NORTH 34 DEGREES 35 MINUTES 48 SECONDS EAST,
80.29 FEET) TO A POINT OF TANGENCY; THENCE NORTH 1e DEGREES 48
MINUTES 41 SECONDS WEST, PARALLEL WITH THE EASTERLY LINE OF SAID
LOT 2, 62. 04 FEET TO THE NORTH LINE THEREOF; THENCE NORTH ee
DEGREES 00 MINUTES 17 SECONDS EAST ALONG SAID NORTH LINE, 15. 67
FEET TO THE NORTHEAST CORNER OF SAID LOT 2; THENCE SOUTH 18 DEGREES
48 MINUTES 41 SECONDS EAST ALONG THE EASTERLY LINE OF SAID LOT 2 .
154 . 61 FEET TO THE SOUTHEAST CORNER OF SAID LOT 2 AND THE POINT OF
BEGINNING, IN LAKE COUNTY, iLLIN02S.
Commo77y known as 760 Hastings Lane, Buffalo Grove, IL
Permanent Index Number: 15-34-306-009
Subject to: Covenants, conditions and restrictions of record, general
real estate taxes for 2000 and subsequent years.
12/01/2000 FRI 09:31 [TX/RX NO 58071
Board Agenda Item Submittal xIv B
Requested By: William R. Balling Entered By: Eileen F Marsh
Agenda Item Title:
Proposed Addition to the Alcott Center,530 Bernard Dr.
Date Submitted: Meeting Date Agenda Place Requested:
Requested: Department:
12/07/2000 12/11/2000 0 Consent Agenda OVM
0 Regular Agenda
0 None
Does this item Does this item include Will AV equipment be
relate to another additional reference required to present
item on the info separate from the this item to the
agenda? Board packet? board?
0 Yes 0No 0 Yes 0No 0 Yes 0No
Item Description
Will this action involve an expenditure in 0 Yes 0 NO
funds?
Additional Notes regarding Expenditures:
Type the body of the cover memo here. Requests cannot be submitted if this field is blank.
The Village of Buffalo Grove is in receipt of an Illinois First Grant which has been forwarded to the
Park District to improve the existing senior center at the Alcott Center. The Park District proposed
a small building addition and has requested an interpretation from the Village Board that the
addition constitutes a "minor change" to their recreational Special Use. Their letter, a sketch plan
and Bob Pfeil's memo are attached. An overall site plan and data sheet is being prepared and will
be distributed to you on December 8. Staff recommends consideration as a Special Use.
Letter-Sized Legal-Sized Ledger-Sized Odd-Sized
Attached Files Attached Files Attached Files Attached Files
alcott_c.pdf
Approval Section:
Name: Date and Time:
Submitted By:
Pre-Approved By:
Approved By:
Published to Web:
MEMO
TO: William R. Balling, Village Manager
FROM: Robert E. Pfeil, Village Planner
DATE: October 16,2000
SUBJECT: Buffalo Park District—Proposed addition to Alcott Center, 530 Bernard Drive
Bill,
Mike Rylko indicates that the Park District is considering an addition to the northeast wing of the
building to provide space for senior citizen activities. The proposed addition would be 46 feet by
70 feet (3,220 square feet). The Park District would use state grant money for the construction.
Mike requests our comments concerning the proposed addition, and he wants to know what
review and approval process would be necessary.
The sketch plan showing the addition on the north side of the building and the conceptual floor
plan are attached. Mike indicates that there may be room to add approximately 15 parking spaces
north of the addition. I suggested to him that we could defer the parking issue until we determine
the appropriate review process for the addition.
In my opinion the proposed addition is a minor change to the property, and I do not think review
by the Plan Commission is necessary. The addition is small in relation to the rest of the building,
and no required zoning setbacks are affected. It does not appear that the overall level of activity
at the property would increase markedly if the addition is constructed. We need to determine if
any new entrances are proposed on the east side of the building and if there would be any
potential impacts on the adjacent residential properties.
We would, of course, inform the Village Board of the proposed addition and request the Board's
concurrence concerning approval as a minor change. We would also need proper documentation
concerning the exterior appearance of the addition to ensure compatibility with the existing
building.
Please comment concerning the appropriate review process for the proposed addition.
s. 9
Robert E.Pfeil, Villagg Planner
cc: Ghida Sahyouni
Tom Allenspach
Dick Kuenkler
Ed Schar
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December 7,2000
President Hartstein&Board of Trustees
Village of Buffalo Grove
50 Raupp Blvd.
Buffalo Grove,IL 60089
Dear President and Board:
On behalf of the Park District,I would like to request permission to expand Alcott Center for
senior programming.
The expansion will consist of a double classroom totaling 3,220 square feet. The double
classroom will have a room divider that would allow for flexibility for two separate activities if
necessary, and will also include a storage area and new entrance to the east parking lot.
The majority of the project will be funded by a$120,000 grant from the Illinois Department of
Commerce and Community Affairs which was processed through the Village of Buffalo Grove.
We are also requesting consideration of a waiver of permit fees and inspection of the project.
Thank you for your time and consideration on this project.
Sincerely,
Mike Rylko
Director of Parks and Recreation
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