South Cook News

City of Calumet City Council met July 25

Here are the minutes provided by the council:

CALL TO ORDER The Special Public Hearing Meeting of the City Council was called to order at 6:11p.m. by Mayor Jones. 

PRESENT 7 ALDERMEN: Navarrete, Wilson (6:55 p.m.), Tillman, Williams, Gardner, Patton, Smith 

ABSENT: 0 ALDERMEN: None 

Also present were Mayor Jones, City Clerk Figgs, City Treasurer Tarka, Deputy Clerk I Jessica Coffee, City Administrator Deanne Jaffrey, Assistant Chief Black. 

PUBLIC COMMENT: None 

Mayor Jones 

Finance Director John Kasperek 

"Every fiscal year we have to pass a Budget; our Budget year ends April 30th every year. The law requires us to post notice which allows the city council to pass a budget within that timeframe we posted this notice for tonight. It is our intention to still go through the Budget and pass the Budget for 24-25 on Monday. We still have some clean up to do. The notice of Certification of Publication which the law requires us to do as well was published in three newspapers; in the Chicago Sun-Times which was posted as well, The Chicago Tribune and two other publications. So I am going to hand this Certification of Notice to the Clerk." 

Finance Director John Kasperek reviewed the 2024 -2025

Finance Director John Kasperek reviewed the 2024 -2025 Annual Appropriation and discussed the funds the council has been working been working on; Corporate Fund, Capital Fund, Special Area Appropriation Services Fund, Ambulance and Paramedic Fund, Water and Sewer Fund, IMRF and Social Security Fund, Police and Fire Pension Fund and the Library Fund. 

Members of the City Council, department heads and public. 

Today we are having a public hearing related to the City's annual appropriation ordinance. The Funds included in the Appropriation Ordinance are the Corporate Fund, Capital Projects Fund, Special Service Area Fund, Ambulance/Paramedic Fund, Water/Sewer Fund, IMRF/Social Security Fund, Police and Fire Pension Funds and the Library Fund. 

The process has been long, with meetings with department heads, review of the annual appropriation and estimated revenues by the Mayor, Treasurer and myself, presenting the budget information to the City Council and to date three meetings with the City Council to discuss and review the Funds as noted above. 

The results of the meetings are as follows: 

The Corporate Fund will estimate revenue of $50.6M which is a slight decrease from the prior year of $51.0M. Last year the unaudited revenue received was $46.8M, which was slightly below projections. This years appropriated expenditures are $50.6M which reflects the balance budget. Last year's appropriated expenditures were $51.0M with unaudited expenditures at $48.9M. the city is still in the process of closing out the revenues/expenditures for fiscal year 4-30-24 for accrual entries so actual figures could change. 

The Capital Project Fund is set up to reflect potential grant revenue along with grant expenditures. Also included in this Fund are potential new leases the City may enter. The Fund reflects over $19.9M of grant revenue and a potential of entering $3M in leases. Expenditures are set up to equal the grant revenue and any leases the city may enter into. Keep in mind that the City will only charge expenditures in this fund if the grants have been awarded to the City. Therefore, if there is no grant income, there will be no expenditures. Since these expenditures would not be accounted for through other ordinances, they need to be appropriated in the annual appropriation ordinance. 

The Special Service area remained the same as last year's estimated revenues and expenditures. The Special Service Area encompasses much of the River Oaks East and West Shopping areas. The tax revenue collected is used to help defray public safety costs. 

The Ambulance/Paramedic has estimated revenues of $6.2M while last year the estimated amount was $7.9M. Actual unaudited revenue was $5.0M. Appropriated Expenditures are $8.4M compared to last year $7.5M. Last year's unaudited expenditures were $6.2M. the major increase in this department is the aerial fire truck with a cost of $1,710,000. The Fund has sufficient cash on hand to be able to pay any expenses over revenue collected. 

The Water/Sewer Fund has estimated revenue of $9.7 which is about the same as last year. Actual revenue was ared to $8.5M estimated last year. Actual unaudited revenue was $8.2M. 

The annual appropriation ordinance was posted for the public to review. 

Alderman Tillman moved to adjourn, seconded by Alderman Gardner at Adjournment at 6:33 p.m. 

https://mccmeetings.blob.core.usgovcloudapi.net/calumetil-pubu/MEET-Minutes-ddcf6fca03124eb087c35f757de72900.pdf