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J. MITCHELL, *Hoscheit, Castro, Davoust, Ford, Hurlbut,
Lewis
FINANCE/BUDGET COMMITTEE MEETING
Wednesday, October 26, 2011 9:00 a.m.
Call to Order
Approval of Minutes: September 28, 2011
Treasurer’s Report
Finance Director’s Report
Public Comments on Agenda Items
New Business Resolution: Approving Toner and Cartridges
Contracts
Resolution: Extension of Office Supplies Contract
Resolution: Authorizing Exception to the County Financial
Policies Regarding Personnel Hiring and Replacement (Information
Technologies Department)
Resolution: Authorizing the Execution of an Intergovernmental
Agreement with the Village of Big Rock in Connection with the Kane
County Recovery Bond Water Project Initiative
Resolution: Determining to Proceed to Issue General Obligation
limited Bonds of the County of Kane, Illinois in an Aggregate
Principal Amount Not to Exceed $2,000,000 for the Purpose of Paying
for Improvements to Property of the County of Kane.
Resolution: Amending the County’s Budget for Fiscal Year 2011 to
Accommodate Lead Based Paint Hazard Control Funding Provided by the
U.S. Department of Housing and Urban
*Resolution: Payment of Insurance Premium and Service
*Resolution: Payment of Workers Compensation Premium and Third
Party Administration Service
Old Business
Executive Session (if needed)
Committee Comments
Chairman’s Comments
Adjournment * Resolution to be handed out at committee (or
before if available)
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COUNTY OF KANE OFFICE OF THE TREASURER
DAVID J. RICKERT, CPA Geneva, Illinois 60134
Phone: (630) 232-3565 Fax: (630) 208-7549
To: Finance Committee
From: David J. Rickert
Date: October 26, 2011
Subject: Update on Investments
Attached is a copy of the September Weighted Average Investment
Yield Report. This chart includes the rate earned by the 90 Day
T-Bill, and State Treasurer on the IPTIP Account. You will notice
the yield on all county investments for September was .71%.
Attached is the Summary of the Kane County Portfolio for the Month
of September. Sincerely, David J. Rickert, CPA Treasurer of Kane
County
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KANE COUNTY TREASURER - PORTFOLIO SUMMARY 9/30/2011
INTEREST
CURRENT Rec'd in
ACCOUNT ASSETS COST MARKET Current Month
F.H.L.M.C. Bond, 1.75% due 11/23/15, callable one time only on
4,000,000 4,009,984
11/23/1011 @ 100, with 5 days notice
F.H.L.B., 1.20%, due 01/27/2015, one time call on 07/27/2012,
5,000,000 5,029,984
@ 100 with 5 days notice
FNMA, 2.25%, due 12/28/1015, callable one time only on 5,000,000
5,026,220
12/28/11 @100, with 10 days notice
F.N.M.A., 2.15%, due 07/27/2016, callable on 07/27/2012, and
5,000,000 5,017,435
Quarterly thereafter, with 10 days notice
FHLB, 2.05%, due 07/27/2016, one time call on 07/27/2012,
5,000,000 5,069,640
@ 100 with 5 days notice
FHLMC, 2.75%, due 03/07/16, one time call 6,000,000
6,069,095
on 03/07/12 @ 100 with 5 days notice
FNMA, 2.50%, due 05/09/2016, callable quarterly beginning
5,000,000 5,051,092
05/09/12 @ 100 with 10 days notice
Sub Total - IGSF Account 35,000,000 35,273,450 116,639
FDIC Savings/Checking Accounts 135,726,612 135,726,612
27,727
The Illinois Funds 47,624 47,624 7
CDARS Program - The Private Bank 43,500,000 43,500,000
60,013
CD's - MB Financial 25,000,000 25,000,000
CD's - The Private Bank 15,000,000 15,000,000
GRAND TOTAL 254,274,236 254,547,686 204,386
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0.74%
0.64%0.66%
0.71%
0.78%
0.86% 0.87%0.89%
0.85%
0.76%0.73%
0.71%
0.13% 0.13%
0.18%0.16% 0.15%
0.10%0.07% 0.07% 0.07% 0.06%
0.02% 0.02%
0.16% 0.16%
0.12% 0.11%0.09% 0.09%
0.05% 0.05% 0.05%0.02% 0.03% 0.03%0.0%
0.3%
0.5%
0.8%
1.0%
1.3%
1.5%
Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11
Jul-11 Aug-11 Sep-11
Kane County Weighted Average Investment Yield(Includes all
Investment Funds)
Office of David J. RickertKane County Treasurer
Kane County Funds
90 Day T-Bill
The Illinois Funds
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1
To: Finance Committee
From: Cheryl Pattelli, Finance Director
Date: October 17, 2011
Re: Monthly Report
Finance and Budget The 2012 budget draft was presented at the
October County Board meeting and placed on public display. The
proposed budget will be brought to the November Board meeting for
approval.
FY2011 Budget Concerns Attached is the May monthly financial
report by fund and department. Based on to-date amounts, the
following department shows a higher percentage of budget spent than
where they should be. Through September 30th, 83.3% of the budget
year is completed, with 80.8% of salary expenditures completed.
Because we are on a bi-weekly payroll schedule the payroll
expenditure percentage to-date will rarely be the same as the
overall year-to-date percentage.
001.250 Circuit Clerk: Total budget year-to-date is at 89%, with
salary expenditures at 90% which is more than 80.8% YTD percentage.
Since salaries and benefits represent 97.4% of this budget the
salary overage is significant. The Circuit Clerk has indicated that
she will direct me to make the appropriate journal entries to
transfer expenditures from the General Fund to special funds once
the General Fund budget has been fully expended.
Attached is the most recent sales tax report. As evidenced in
the spreadsheet, the October collection (related to August 2011
state collections) increased 7.3% from 2010. I will continue to
monitor sales tax closely throughout the year. So far, six months
of collections are 7.0% more than last year, which is higher than
budget. The County received the May and June 2011 income tax
collections in September 2011. We currently three months of income
tax vouchers outstanding from the State. Also outstanding from the
State are probation salary reimbursements. The County received a
very large probation payment in September and that payment related
to December 2010 through February 2011. Currently March 2011
through September 2011 payments are outstanding. Finally, payments
for the State’s Attorney and Public Defender salary reimbursements
were received in September 2011 and related to April through June
2011. July 2011 through October 2011 payments are outstanding. I
will continue to monitor all revenue and keep you informed of any
areas that are significantly below or above budget. Purchasing The
Purchasing Department solicited bids for the printing and delivery
of No Carbon Required (NCR) forms on behalf of Building Management.
These NCR forms will be used by Court Services and Circuit Clerk
Office. The Purchasing staff revised the bid specifications to
improve the pricing structure for the multiple forms used. The
revisions made to the specifications changed the pricing structure
from a cost per form (i.e. 1,000 forms, 5,000 forms or 10,000
forms) to a cost per case (i.e. 1-5 cases, 6-10 cases or 11-15
cases). Based on these changes the Purchasing Department obtained a
cost saving of approximately 27% less than the previous contract
saving roughly $15,500 annually.
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Page 2
Request for Proposals were prepared by the Purchasing Department
for the following service:
• RFP 50-011 Electric Utility Consultant for the Department of
Facilities, Development & Environmental Resources to manage the
implementation of a residential aggregation electric program, for
residents and small business in unincorporated Kane County.
The Purchasing staff obtained cost savings totaling $5,734 for
the month of September, while assisting departments and elected
offices with their procurements. Here are a few main cost saving
procurements:
• Mobile two-way radios for Court Services, by finding new
vendor and obtaining a cost savings of $1,661 from the department’s
original quote.
• Printer for Health Department, by finding another vendor at a
lower cost and saving $1,176 from the department’s original
quote.
• Glass tops for tables for Building Management, by finding
another vendor at a lower cost and saving $1,297 from the
department’s original quote.
Currently, 12 bids are at various stages in the procurement
process. The Purchasing Department is writing specifications for
three new bids that will be on the street within the next two
weeks.
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SALES TAX ANALYSIS 2007-2011
% Change % Change % Change % ChangeState Collection Month County
Receipt Month 2007 2008 2007 - 2008 2009 2008- 2009 2010 2009 -
2010 2011 2009 - 2010
December February 1,262,392 1,222,654 -3.15% 1,074,476 -12.12%
998,300 -7.09% 1,102,413 10.43%January March 1,495,173 1,421,851
-4.90% 1,257,766 -11.54% 1,214,086 -3.47% 1,296,226 6.77%February
April 1,066,953 964,137 -9.64% 847,131 -12.14% 815,724 -3.71%
882,932 8.24%March May 964,982 944,909 -2.08% 792,141 -16.17%
857,266 8.22% 871,825 1.70%April June 1,191,039 1,106,982 -7.06%
948,936 -14.28% 995,506 4.91% 1,062,170 6.70%May July 1,233,264
1,186,208 -3.82% 943,258 -20.48% 1,002,753 6.31% 1,080,810
7.78%June August 1,432,034 1,276,894 -10.83% 1,123,289 -12.03%
1,111,289 -1.07% 1,192,033 7.27%July September 1,408,006 1,325,666
-5.85% 1,135,177 -14.37% 1,177,968 3.77% 1,249,827 6.10%August
October 1,274,114 1,227,185 -3.68% 1,012,824 -17.47% 1,086,627
7.29% 1,166,142 7.32%September November 1,272,677 1,217,042 -4.37%
1,011,455 -16.89% 1,083,285 7.10% -100.00%October December
1,311,366 1,156,787 -11.79% 1,028,855 -11.06% 1,048,051 1.87%
-100.00%November January 1,273,001 1,100,571 -13.55% 965,986
-12.23% 1,043,588 8.03% -100.00%
TOTAL 15,185,001 14,150,887 -6.81% 12,141,294 -14.20% 12,434,443
2.41% 9,904,379 -20.35%
Year To Date 9,259,519 9,904,379 6.96%
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
Total % Received
000 General Government 15,874,923 56,272,799 46,717,130
83.02%001 General Fund 14,626,064 52,973,456 43,605,850 82.32%010
Insurance Liability 1,248,859 3,299,343 3,111,280 94.30%
010 County Board 16,796 9,977,268 6,648,492 66.64%001 General
Fund 3,050 88,000 96,225 109.35%120 Riverboat 10,903 6,042,000
6,537,866 108.21%430 Farmland Preservation 2,843 3,847,268 14,402
0.37%
060 Information Technologies 108,027 1,375,290 1,031,214
74.98%001 General Fund 4,656 28,860 19,276 66.79%101 Geographic
Information Systems 103,371 1,346,430 1,011,938 75.16%
150 Treasurer/Collector 1,580 222,422 18,355 8.25%001 General
Fund 4 84,000 4 0.00%150 Tax Sale Automation 1,584 138,422 18,359
13.26%
170 Supervisor of Assessments 12,437 71,630 64,344 89.83%001
General Fund 12,437 71,630 64,344 89.83%
190 County Clerk 124,325 1,043,297 1,043,221 99.99%001 General
Fund 112,244 883,762 920,788 104.19%160 Vital Records Automation
12,081 159,535 122,433 76.74%
210 Recorder 184,340 3,732,105 2,068,862 55.43%001 General Fund
154,126 2,130,000 1,771,672 83.18%170 Recorder's Automation 27,265
1,560,955 267,803 17.16%171 Rental Housing Support Surcharge 2,948
41,150 29,387 71.41%
240 Judiciary and Courts 175 115,450 95,439 82.67%195 Children's
Waiting Room 171 110,950 92,204 83.10%196 D.U.I. 3 4,500 3,236
71.90%
250 Circuit Clerk 1,759 11,163,046 7,158,001 64.12%001 General
Fund 7,563,000 5,220,077 69.02%200 Court Automation 808 1,593,674
815,421 51.17%201 Court Document Storage 511 1,316,731 774,634
58.83%202 Child Support 204 261,862 104,402 39.87%203 Circuit Clerk
Admin Services 224 304,128 206,291 67.83%204 Circuit Clk Electronic
Citation 13 123,651 37,176 30.07%
300 State's Attorney 104,019 4,920,859 4,343,015 88.26%001
General Fund 69,468 1,762,536 1,490,449 84.56%220 Title IVD 796,644
554,708 69.63%221 Drug Prosecution 325,208 327,388 100.67%222
Victim Coordinator Services 11,452 174,987 143,207 81.84%223
Domestic Violence 251 477,976 475,019 99.38%
Kane County Revenue Report SummaryThrough September 30, 2011
(83.3% YTD)
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
Total % Received
Kane County Revenue Report SummaryThrough September 30, 2011
(83.3% YTD)
224 Environmental Prosecution 121 239,663 238,950 99.70%225 Auto
Theft Task Force 5,713 92,017 69,528 75.56%226 Weed and Seed
157,000 157,000 100.00%230 Child Advocacy Center 17,007 894,828
863,194 96.46%231 Equitable Sharing Program 7 0 23,573
360 Public Defender 45,997 120,000 98,354 81.96%001 General Fund
45,997 120,000 98,354 81.96%
370 Law Library 388 347,164 277,083 79.81%250 Law Library 388
347,164 277,083 79.81%
380 Sheriff 151,234 5,287,634 2,670,901 50.51%001 General Fund
150,391 3,150,529 1,471,221 46.70%260 Court Security 829 2,116,705
1,182,231 55.85%262 AJF Medical Cost 14 20,400 17,449 85.54%
425 Kane Comm 71,815 1,569,467 1,496,785 95.37%001 General Fund
0 0269 Kane Comm 71,815 1,569,467 1,496,785 95.37%
430 Court Services 1,220,230 5,699,590 5,430,463 95.28%001
General Fund 1,215,017 3,019,566 3,224,777 106.80%270 Probation
Services 1,244 1,114,905 1,230,626 110.38%271 Substance Abuse
Screening 3,401 75,000 87,278 116.37%272 Drug Court 547,000 0
0.00%273 Drug Court Special Resources 433 797,028 761,870 95.59%275
Juvenile Drug Court 132 136,091 120,974 88.89%276 Probation Victim
Services 2 10,000 4,938 49.38%
490 Coroner 7,107 61,100 69,371 113.54%289 Coroner
Administration 7,107 61,100 69,371 113.54%
500 Animal Control 67,203 931,553 654,344 70.24%290 Animal
Control 67,203 931,553 654,344 70.24%
510 Emergency Management Services 74,667 87,500 153,359
175.27%001 General Fund 74,667 87,500 153,359 175.27%
520 Transportation 5,692,185 72,738,697 36,039,333 49.55%300
County Highway 1,999,048 8,071,231 5,027,017 62.28%301 County
Bridge 121,505 834,000 293,277 35.17%302 Motor Fuel Tax 504,074
8,101,130 5,838,289 72.07%303 County Highway Matching 25,268 65,625
59,697 90.97%304 Motor Fuel Local Option 758,715 11,137,934
6,229,306 55.93%305 Transportation Sales Tax 1,265,373 14,436,029
8,749,796 60.61%513 Transit Sales Tax Bond Construct 11,220
13,824,281 60,525 0.44%
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
Total % Received
Kane County Revenue Report SummaryThrough September 30, 2011
(83.3% YTD)
540 Transportation Capital 887,992 10,499,511 8,794,427
83.76%550 Aurora Area Impact Fees 2,819 450,000 106,239 23.61%551
Campton Hills Impact Fees 8,037 799,286 133,583 16.71%552 Greater
Elgin Impact Fees 6,620 670,000 415,292 61.98%553 Northwest Impact
Fees 3,855 960,945 43,974 4.58%554 Southwest Impact Fees 949
822,925 40,235 4.89%555 TriCities Impact Fees 4,822 589,500 55,615
9.43%556 Upper Fox Impact Fees 1,725 200,000 33,005 16.50%557 West
Central Impact Fees 134 160,000 3,881 2.43%558 North Impact Fees
554 564,300 55,498 9.83%559 Central Impact Fees 2,341 351,000 5,793
1.65%560 South Impact Fees 87,133 201,000 93,887 46.71%
580 Health 878,234 6,298,377 5,972,721 94.83%350 County Health
801,806 5,593,214 5,274,592 94.30%351 Kane Kares 76,428 705,163
698,128 99.00%
660 Veterans' Commission 118,984 343,361 282,985 82.42%380
Veterans' Commission 118,984 343,361 282,985 82.42%
670 Environmental Management 19,008 1,144,445 864,111 75.50%420
Stormwater Management 1,346 409,324 248,458 60.70%650 Enterprise
Surcharge 12,092 704,611 173,531 24.63%651 Enterprise General 5,570
30,510 442,123 1,449.11%
690 Development 829,196 8,589,045 6,973,578 81.19%001 General
Fund 38,142 1,051,350 847,780 80.64%400 Economic Development 322
228,209 226,517 99.26%401 Community Dev Block Program 110,026
1,344,877 1,461,001 108.63%402 HOME Program 39,892 819,482 524,332
63.98%403 Unincorporated Stormwater Mgmt 98 10,000 477 4.77%404
Homeless Management Info Systems 3,870 104,622 75,208 71.89%405
Cost Share Drainage 456 732,430 707,036 96.53%406 OCR &
Recovery Act Programs 345,393 1,214,295 1,116,751 91.97%407
LongTerm Stormwater Maintenance 4,427 0 0.00%408 Neighborhood
Stabilization Progr 2,278,956 1,333,057 58.49%520 Mill Creek
Special Service Area 278,067 800,397 643,540 80.40%5300 Sunvale SBA
SW 37 289 0 1,882 N/A5301 Middle Creek SBA SW38 627 0 1,898 N/A5302
Shirewood Farm SSA SW39 1,175 0 2,350 N/A5303 Ogden Gardens SBA
SW40 1,837 0 4,555 N/A5304 Wildwood West SBA SW41 9,003 0 27,195
N/A
760 Debt Service 996,886 22,877,101 19,242,884 84.11%600
Juvenile Bonds Debt Service 1,688 819,923 827,946 100.98%610
Capital Improvement Debt Service 984,110 2,516,938 2,320,559
92.20%620 Motor Fuel Tax Debt Service 2,868 3,495,863 3,511,409
100.44%
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
Total % Received
Kane County Revenue Report SummaryThrough September 30, 2011
(83.3% YTD)
621 Transit Sales Tax Debt Service 7,490 8,656,417 8,625,668
99.64%622 Recovery Zone Bond Debt Service 730 7,387,960 3,957,302
53.56%
800 Other Countywide Expenses 3,783,709 27,264,881 17,866,832
65.53%100 County Automation 559 2,600 3,535 135.97%110 Illinois
Municipal Retirement 2,281,935 5,994,865 5,409,523 90.24%111
FICA/Social Security 1,249,431 3,287,497 2,966,242 90.23%125 Public
Safety Sales Tax 199,423 3,110,057 1,473,680 47.38%126 Transit
Sales Tax Contingency 40,810 399,500 292,728 73.27%500 Capital
Projects 7,974 2,300,362 30,987 1.35%510 Capital Improvement Bond
Const 693 4,500,000 5,354 0.12%514 Recovery Zone Bond Construction
2,884 7,670,000 7,684,783 100.19%
900 Contingency 2,724 15,000 13,225 88.17%660 Working Cash 2,724
15,000 13,225 88.17%
Grand Total 30,387,947 242,269,081 167,294,403 69.05%
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
YTD Encumbrances
Total % Used
010 County Board 165,839 11,173,901 6,304,280 0 56.42%001
General Fund 72,059 1,284,633 980,950 0 76.36%120 Riverboat 93,781
6,042,000 5,315,120 0 87.97%430 Farmland Preservation 3,847,268
8,210 0 0.21%
040 Finance 39,244 750,160 545,933 335 72.82%001 General Fund
39,244 750,160 545,933 335 72.82%
060 Information Technologies 268,804 5,017,839 3,487,229 59,336
70.68%001 General Fund 207,346 3,671,409 2,740,098 54,471 76.12%101
Geographic Information Systems 61,458 1,346,430 747,131 4,865
55.85%
080 Building Management 347,642 4,472,289 3,501,479 544,226
90.46%001 General Fund 347,642 4,472,289 3,501,479 544,226
90.46%
120 Human Resource Management 178,081 2,835,554 2,069,167
170,295 78.98%001 General Fund 23,863 410,688 280,363 1,252
68.57%010 Insurance Liability 154,218 2,424,866 1,788,804 169,042
80.74%
140 County Auditor 14,984 214,302 171,903 0 80.22%001 General
Fund 14,984 214,302 171,903 0 80.22%
150 Treasurer/Collector 44,196 698,440 433,969 0 62.13%001
General Fund 41,491 560,018 422,533 0 75.45%150 Tax Sale Automation
2,705 138,422 11,436 0 8.26%
170 Supervisor of Assessments 78,886 1,311,863 845,391 4,610
64.79%001 General Fund 78,886 1,311,863 845,391 4,610 64.79%
190 County Clerk 125,656 2,255,400 1,785,451 1,592 79.23%001
General Fund 111,174 2,095,865 1,647,505 367 78.62%160 Vital
Records Automation 14,482 159,535 137,946 1,225 87.24%
210 Recorder 184,185 2,466,483 1,269,131 0 51.46%001 General
Fund 62,752 864,378 690,169 0 79.85%170 Recorder's Automation
118,683 1,560,955 547,558 0 35.08%171 Rental Housing Support
Surcharge 2,749 41,150 31,404 0 76.32%
230 Regional Office of Education 23,684 295,257 255,849 0
86.65%001 General Fund 23,684 295,257 255,849 0 86.65%
240 Judiciary and Courts 187,437 2,315,566 2,077,911 0 89.74%001
General Fund 178,186 2,200,116 1,979,740 0 89.98%195 Children's
Waiting Room 9,252 110,950 98,171 0 88.48%196 D.U.I. 4,500 0 0
0.00%
250 Circuit Clerk 511,449 7,760,841 6,243,009 0 80.44%001
General Fund 336,729 4,160,795 3,684,981 0 88.56%200 Court
Automation 83,024 1,593,674 918,038 0 57.61%201 Court Document
Storage 56,739 1,316,731 1,245,689 0 94.60%202 Child Support 13,982
261,862 215,157 0 82.16%203 Circuit Clerk Admin Services 12,615
304,128 170,712 0 56.13%204 Circuit Clk Electronic Citation 8,359
123,651 8,432 0 6.82%
300 State's Attorney 590,452 8,593,050 6,420,055 6,003 74.78%001
General Fund 290,353 4,560,250 3,334,086 6,003 73.24%
Kane County Expenditure Report - SummaryThrough September 30,
2011 (83.3% YTD, 80.8% Payroll)
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Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
YTD Encumbrances
Total % Used
Kane County Expenditure Report - SummaryThrough September 30,
2011 (83.3% YTD, 80.8% Payroll)
010 Insurance Liability 86,777 874,477 631,206 0 72.18%220 Title
IV-D 52,124 796,644 633,958 0 79.58%221 Drug Prosecution 23,635
325,208 274,589 0 84.44%222 Victim Coordinator Services 10,339
174,987 120,121 0 68.65%223 Domestic Violence 30,827 477,976
362,363 0 75.81%224 Environmental Prosecution 15,709 239,663
186,734 0 77.92%225 Auto Theft Task Force 6,237 92,017 74,120 0
80.55%226 Weed and Seed 18,943 157,000 141,616 0 90.20%230 Child
Advocacy Center 55,507 894,828 661,263 0 73.90%
360 Public Defender 190,657 2,759,692 2,132,395 3,235 77.39%001
General Fund 190,657 2,759,692 2,132,395 3,235 77.39%
370 Law Library 31,322 347,164 275,522 0 79.36%250 Law Library
31,322 347,164 275,522 0 79.36%
380 Sheriff 1,707,270 26,195,007 20,130,450 0 76.85%001 General
Fund 1,580,441 24,057,902 18,637,312 0 77.47%260 Court Security
126,828 2,116,705 1,493,138 0 70.54%262 AJF Medical Cost 20,400 0 0
0.00%
420 Merit Commission 6,404 93,350 66,404 0 71.13%001 General
Fund 6,404 93,350 66,404 0 71.13%
425 Kane Comm 95,632 1,569,467 1,110,246 9,544 71.35%001 General
Fund 0 0 2,625269 Kane Comm 95,632 1,569,467 1,110,246 6,919
71.18%
430 Court Services 713,957 11,645,572 8,770,424 53,904 75.77%001
General Fund 541,984 8,965,548 7,004,772 2,219 78.15%270 Probation
Services 121,020 1,114,905 579,445 51,685 56.61%271 Substance Abuse
Screening 2,981 75,000 27,831 0 37.11%272 Drug Court 547,000
546,539 0 99.92%273 Drug Court Special Resources 41,570 797,028
546,219 0 68.53%275 Juvenile Drug Court 6,402 136,091 62,618 0
46.01%276 Probation Victim Services 10,000 3,000 0 30.00%
490 Coroner 67,184 811,810 642,305 460 79.18%001 General Fund
66,005 750,710 627,564 440 83.65%289 Coroner Administration 1,179
61,100 14,740 20 24.16%
500 Animal Control 66,792 931,553 651,361 7,485 70.73%290 Animal
Control 66,792 931,553 651,361 7,485 70.73%
510 Emergency Management Services 13,188 195,220 150,967 0
77.33%001 General Fund 13,188 195,220 150,967 0 77.33%
520 Transportation 4,706,230 72,738,697 41,218,654 33,090,497
102.16%300 County Highway 293,182 8,071,231 4,287,058 2,248,861
80.98%301 County Bridge 57,293 834,000 404,543 93,748 59.75%302
Motor Fuel Tax 149,071 8,101,130 7,310,798 1,007,256 102.68%303
County Highway Matching 65,625 64,326 0 98.02%304 Motor Fuel Local
Option 927,452 11,137,934 3,097,995 7,994,918 99.60%305
Transportation Sales Tax 92,335 14,436,029 9,956,852 4,397,720
99.44%513 Transit Sales Tax Bond Construct 2,575,115 13,824,281
8,873,880 8,451,806 125.33%540 Transportation Capital 210,341
10,499,511 5,575,986 2,663,498 78.47%
-
Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
YTD Encumbrances
Total % Used
Kane County Expenditure Report - SummaryThrough September 30,
2011 (83.3% YTD, 80.8% Payroll)
550 Aurora Area Impact Fees (29,000) 450,000 106,367 874,000
217.86%551 Campton Hills Impact Fees 162,153 799,286 488,396
289,086 97.27%552 Greater Elgin Impact Fees 670,000 0 1,980,497
295.60%553 Northwest Impact Fees 18,933 960,945 464,755 237,487
73.08%554 Southwest Impact Fees 138,415 822,925 357,388 465,534
100.00%555 Tri-Cities Impact Fees 589,500 1,800 608,275 103.49%556
Upper Fox Impact Fees 200,000 0 63,190 31.60%557 West Central
Impact Fees 21,135 160,000 74,150 85,850 100.00%558 North Impact
Fees 89,804 564,300 154,359 1,628,771 315.99%559 Central Impact
Fees 351,000 0 0 0.00%560 South Impact Fees 201,000 0 0 0.00%
580 Health 473,475 6,298,377 4,938,811 156,189 80.89%350 County
Health 437,838 5,593,214 4,539,975 156,136 83.96%351 Kane Kares
35,638 705,163 398,836 52 56.57%
660 Veterans' Commission 22,013 343,361 253,266 0 73.76%380
Veterans' Commission 22,013 343,361 253,266 0 73.76%
670 Environmental Management 84,460 1,144,445 835,182 44,414
76.86%420 Stormwater Management 68,190 409,324 226,110 44,374
66.08%650 Enterprise Surcharge 16,270 704,611 609,072 41 86.45%651
Enterprise General 30,510 0 0 0.00%
690 Development 371,111 9,382,179 5,849,594 867,748 71.60%001
General Fund 113,376 1,844,484 1,161,014 11,442 63.57%400 Economic
Development 1,799 228,209 34,566 0 15.15%401 Community Dev Block
Program 127,208 1,344,877 1,476,961 0 109.82%402 HOME Program
44,991 819,482 502,944 0 61.37%403 Unincorporated Stormwater Mgmt
10,000 0 0 0.00%404 Homeless Management Info Systems 3,870 104,622
75,208 0 71.89%405 Cost Share Drainage 29,798 732,430 112,782
356,724 64.10%406 OCR & Recovery Act Programs 26,760 1,214,295
782,280 455,484 101.93%407 Long-Term Stormwater Maintenance 4,427 0
0 0.00%408 Neighborhood Stabilization Progr 8,472 2,278,956
1,333,631 248 58.53%520 Mill Creek Special Service Area 14,837
800,397 370,208 43,851 51.73%
760 Debt Service 25,226,327 17,583,834 0 69.70%001 General Fund
2,349,226 2,349,175 0 100.00%600 Juvenile Bonds Debt Service
819,923 819,458 0 99.94%610 Capital Improvement Debt Service
2,516,938 2,470,069 0 98.14%620 Motor Fuel Tax Debt Service
3,495,863 3,439,431 0 98.39%621 Transit Sales Tax Debt Service
8,656,417 8,505,251 0 98.25%622 Recovery Zone Bond Debt Service
7,387,960 450 0 0.01%
800 Other- Countywide Expenses 1,729,564 31,519,089 21,916,512
852,809 72.24%001 General Fund 112,713 4,254,208 2,956,838 6,430
69.65%100 County Automation 2,600 0 0 0.00%110 Illinois Municipal
Retirement 698,925 5,994,865 4,716,918 0 78.68%111 FICA/Social
Security 240,362 3,287,497 2,512,958 0 76.44%125 Public Safety
Sales Tax 553,220 3,110,057 1,953,357 (0) 62.81%126 Transit Sales
Tax Contingency 399,500 0 0 0.00%500 Capital Projects 124,344
2,300,362 2,090,478 821,012 126.57%510 Capital Improvement Bond
Const 4,500,000 3,463,748 25,367 77.54%514 Recovery Zone Bond
Construction 7,670,000 4,222,216 0 55.05%
-
Current Month
Transactions
Total Amended Budget
YTD Actual Transactions
YTD Encumbrances
Total % Used
Kane County Expenditure Report - SummaryThrough September 30,
2011 (83.3% YTD, 80.8% Payroll)
900 Contingency 906,826 0 0 0.00%001 General Fund 891,826 0 0
0.00%660 Working Cash 15,000 0 0 0.00%
Grand Total 13,039,799 242,269,081 161,936,684 35,872,681
81.65%
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Vendor Invoice No. Invoice Description Status Held Reason
Invoice Date Due Date G/L Date Received Date Payment Date Invoice
AmountFund 001 - General Fund
Department 040 - FinanceSub-Department 040 - Finance
Account 53110 - Employee Training4526 - Fifth Third Bank
09052011-9226 5554186124200402256
3279Paid by EFT # 11213
09/14/2011 09/14/2011 09/14/2011 09/26/2011 903.20
Account 53110 - Employee Training Totals Invoice Transactions 1
$903.20Account 53130 - General Association Dues
4526 - Fifth Third Bank 8.15.11 55432861225000361267113
Paid by EFT # 11213
09/07/2011 09/07/2011 09/07/2011 09/26/2011 35.00
Account 53130 - General Association Dues Totals Invoice
Transactions 1 $35.00Account 60000 - Office Supplies
1024 - Ice Mountain Direct 01H8106207791
Account #8106207791; August 2011
Paid by Check # 315477
09/02/2011 09/22/2011 08/31/2011 09/09/2011 09/26/2011 26.39
Account 60000 - Office Supplies Totals Invoice Transactions 1
$26.39Account 60020 - Computer Related Supplies
1866 - Batteries Plus 224137 Battery Replacement Paid by EFT #
11177
09/09/2011 10/09/2011 09/16/2011 09/12/2011 09/26/2011 27.99
1866 - Batteries Plus 224529 Battery Replacement Paid by EFT #
11177
09/15/2011 10/15/2011 09/16/2011 09/15/2011 09/26/2011
(20.99)
6107 - Southern Computer Warehouse (SCW)
000561-IN Xerox Phaser 6280DN - Garza
Paid by Check # 315620
09/07/2011 09/19/2011 09/19/2011 09/26/2011 442.45
Account 60020 - Computer Related Supplies Totals Invoice
Transactions 3 $449.45Account 60130 - Storeroom Supplies-
Countywide
3578 - Warehouse Direct Office Products 1244768-0 Various
Storeroom Office Supplies
Paid by EFT # 11158
08/23/2011 09/22/2011 08/25/2011 08/25/2011 09/12/2011 50.47
3578 - Warehouse Direct Office Products 1243391-0 Office
Supplies - Susie DeChristopher (St. Atty)
Paid by Check # 315654
09/07/2011 09/07/2011 09/07/2011 09/26/2011 597.05
Account 60130 - Storeroom Supplies- Countywide Totals Invoice
Transactions 2 $647.52Sub-Department 040 - Finance Totals Invoice
Transactions 8 $2,061.56
Department 040 - Finance Totals Invoice Transactions 8
$2,061.56Fund 001 - General Fund Totals Invoice Transactions 8
$2,061.56
Grand Totals Invoice Transactions 8 $2,061.56
Run by Finance Reports on 10/12/2011 08:38:39 AM Page 1 of 1
Finance Accounts Payable by GL DistributionPayment Date Range
09/01/11 - 09/30/11
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A G E N D A I T E M E X E C U T I V E S U M M A R Y Agenda Item
# Date: 12/13/11
Item: 2012 Toner and Cartridge Contracts
Presenter / Sponsor: Jim Hansen
Assigned Committee: Finance Budgeted: Yes No N/A
If not budgeted, explain funding source: Appropriation: Various
Departments
Summary:
This resolution approves the toners and cartridges for the
County’s print machines for the fiscal year 2012. The County has
spent over $45,000.00 on toner and cartridges in 2011. The
Purchasing Department solicited bids for the toners and cartridges
with sixteen vendors responding. Purchasing reviewed their
responses and references. Listed below are the recommended vendors
and the number of items awarded. By rebidding, we will be expecting
a three percent reduction in costs over the previous year’s
contract.
Vendor Name
Location
Awarded Items
Supplies Outlet
Reno, NV
90 The Office Pal
Lakewood, NJ
51
Numbers Automation
Des Plaines, IL
36 4inkjets/LD Products
Long Beach, CA
35
Velocita
Joliet, IL
23 The Tree House
Newton, MA
21
Lentkoproducts
Pingree Grove, IL
21 Quill Office Products
Lincolnshire, IL
15
Suppliers Now
Greenacres, FL
11 US Ink & Toner
Charlotte, NC
11
En Pointe Technologies
Gardena, CA
9 Supply Saver Corporation
Wall, NJ
7
The Very Last Word
Milptas, CA
6 Universal Laser
Costa Mesa, CA
5
Datasource, Ink.
Bloomington, IL
2 American Toner & Ink
Pompano Beach, FL
1
List Attachments:
Detailed information available from / at: Jim Hansen, Purchasing
630-444-1071
Staff Comments / Recommendations: Committee Approval
-
STATE OF ILLINOIS COUNTY OF KANE
RESOLUTION NO. 11 -
APPROVING TONER and CARTRIDGE CONTRACTS
WHEREAS, bids were solicited and received for the County’s toner
and cartridge supplies for the fiscal year 2012; and
WHEREAS, the following vendors were the lowest responsive,
responsible bidders for different
brands and categories of toner cartridges: The Tree House,
Newton, MA Datasource, Ink., Bloomington, IL Quill, Lincolnshire,
IL American Toner & Ink, Pompano Beach, FL Velocita Technology,
Joliet, IL The Office Pal, Lakewood, NJ Universal Laser, Costa
Mesa, CA The Very Last Word, Milptas, CA Suppliers Now, Greenacres,
FL 4 InkJets/LD Products, Long Beach, CA Lentkoproducts, Pingree
Grove, IL US Ink & Toner, Charlotte, NC Suppliers Outlet, Reno,
NV Numbers Automation, Des Plaines, IL Supply Saver Corp, Wall, NJ
En Pointe Technologies, Gardena, CA
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the
low bids from these
vendors be accepted and approved. Funding shall be paid from the
Office Supplies Fund listed below for various departments.
Line item Line Item Description Was
personnel/item/service approved in original
budget or a subsequent budget
revision?
Are funds currently available for this
personnel/item/service in the specified line
item?
If funds are not currently available in the specified line
item, where are the funds available?
Various - Depts. Commodities/Office Supplies Yes No
FY2011
Passed by the Kane County Board on November 8, 2011.
John A. Cunningham Karen McConnaughay Clerk, County Board
Chairman, County Board Kane County, Illinois Kane County, Illinois
Vote: Yes No Voice Abstentions 11Toner
-
A G E N D A I T E M E X E C U T I V E S U M M A R Y Agenda Item
# Date: 12/13/11
Item: 2011 Extension of Office Supplies Contract
Presenter / Sponsor: Jim Hansen
Assigned Committee: Finance Budgeted: Yes No N/A
If not budgeted, explain funding source: Appropriation: Varies
by department.
Summary:
Kane County executed an agreement (Resolution 10-364) with
Warehouse Direct Office Products to provide office supplies to the
County for a one year period. The agreement allows two, one year
mutually agreed upon extensions. Warehouse Direct Office Products,
Mount Prospect proposes extending the contract with NO price
increases over the previous year’s bid prices for the next year.
Staff recommends that a one year extension of the current agreement
with Warehouse Direct Office Products be approved. List
Attachments:
Detailed information available from / at: Jim Hansen, Assistant
Director of Purchasing 630-444-1071
Staff Comments / Recommendations: Committee Approval
-
STATE OF ILLINOIS COUNTY OF KANE
RESOLUTION NO. 11 -
EXTENSION OF OFFICE SUPPLIES CONTRACT
WHEREAS, pursuant to Resolution 10-364, Kane County executed an
agreement with Warehouse Direct Office Products to provide office
supplies to the County for a one year period; and
WHEREAS, said agreement allows for two, one year extensions;
and
WHEREAS, the Finance Committee recommends extending the contract
with Warehouse Direct Office Products of Mount Prospect, IL for one
year with no increase in pricing over the previous year’s bid
prices; and
WHEREAS, adequate funds have been budgeted for office supplies
and shall be paid from the Office Supplies Fund listed below for
various departments.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the
contract between Kane County and Warehouse Direct Office Products
of Mount Prospect, IL for office supplies be extended for one
year.
Line Item Line Item Description Was personnel/item/service
approved in original budget or a subsequent
budget revision?
Are funds currently available for this
personnel/item/service in the specific line item?
If funds are not currently available in the specified line item,
where are the
funds available?
001.040.040.60000 Commodities/Office Supplies
Yes Yes N/A
Various Departments Commodities/Office Supplies
Yes Yes N/A
Passed by the Kane County Board on November 8, 2011.
John A. Cunningham Karen McConnaughay Clerk, County Board
Chairman, County Board Kane County, Illinois Kane County, Illinois
Vote: Yes No Voice Abstentions 11Supplies
-
A G E N D A I T E M E X E C U T I V E S U M M A R Y Agenda Item
# Date: October 17, 2011
Item: Resolution: Authorizing Exception to the County
Financial
Policies Regarding Personnel Hiring and Replacement (Support
Staff)
Presenter / Sponsor: Roger Fahnestock
Assigned Committee: Administration Budgeted: Yes No N/A
If not budgeted, explain funding source: Appropriation:
Summary:
Requesting that an exception to the hiring policy be granted to
the Information Technologies Department, authorizing the hiring of
one support employee. This shortage in the public safety support
division needs to be filled.
List Attachments:
Detailed information available from / at: William Lake, ITD,
630-232-5976
Staff Comments / Recommendations:
-
STATE OF ILLINOIS COUNTY OF KANE
RESOLUTION NO. 11 -
AUTHORIZING EXCEPTION TO THE COUNTY FINANCIAL POLICIES REGARDING
PERSONNEL HIRING AND REPLACEMENT
(Information Technologies Department)
WHEREAS, the Kane County Information Technologies Department
(ITD) Public Safety Support Division is responsible to provide
computer (hardware and software) support to the Kane County Sheriff
Department; and
WHEREAS, the Kane County Information Technologies Department
utilizes Employee resources in the Public Safety Support division
to accomplish its goals and missions; and
WHEREAS, current staffing level for support operations of Public
Safety Support division, due
to employee resigning for better career opportunities, has
fallen below the level needed to provide for and sustain
application support; and
WHEREAS, on September 9, 2008, the Kane County Board had deemed
it necessary to adopt
by Resolution a moratorium on the hiring of new County personnel
and the replacement of existing or future personnel vacancies;
and
WHEREAS, the Executive Director of the Kane County Information
Technologies Department has requested the Kane County Board to
allow exception to the hiring moratorium as the continuance of a
shortage of staff will have a negative operational impact on the
Department’s ability to efficiently and effectively conduct the
operations of desktop support.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the
County Information Technologies Department be allowed to hire one
replacement to fill the support vacancies.
Line item Line Item Description Was personnel/item/service
approved in original budget or
a subsequent budget revision?
Are funds currently available for this
personnel/item/service in the specified line item?
If funds are not currently available in
the specified line item, where are the funds
available?
001.060.060.40000 Salaries & Wages Yes Yes
Passed by the Kane County Board on November 8, 2011. John A.
Cunningham Karen McConnaughay Clerk, County Board Chairman, County
Board Kane County, Illinois Kane County, Illinois Vote: Yes No
Voice Abstentions 11Hiring-ITD
-
A G E N D A I T E M E X E C U T I V E S U M M A R Y Agenda Item
# Date: October 14, 2011
Item:
Resolution: RESOLUTION AUTHORIZING THE EXECUTION OF AN
INTERGOVERNMENTAL AGREEMENT WITH THE VILLAGE OF BIG ROCK IN
CONNECTION WITH THE KANE COUNTY RECOVERY BOND WATER PROJECT
INITIATIVE
Presenter / Sponsor: Jodie Wollnik
Assigned Committee: Finance Budgeted: Yes No N/A
If not budgeted, explain funding source: Appropriation:
$__________
Summary:
In December of 2010 the County Board passed a Resolution
approving 10 IGA’s in connection with the Recovery Bond Loan
program for Water Related Infrastructure Projects. The Village of
Big Rock submitted an initial application to the program however,
matching funds for the construction of their stormwater projects
were not available at that time. The Village recently received four
IKE grants and has approved an SSA for partial repayment of the
loan with the balance coming from their general fund. The Village
requests approval of the IGA for a loan through the Recovery Bond
program in the amount of $100,000. List Attachments: Resolution,
IGA
Detailed information available from / at: Jodie Wollnik, Sr.
Water Resource Engineer, (630) 232-3499
Staff Comments / Recommendations: Staff recommends Committee
approval.
-
STATE OF ILLINOIS COUNTY OF KANE
RESOLUTION NO. 11 -
RESOLUTION AUTHORIZING THE EXECUTION OF AN
INTERGOVERNMENTAL AGREEMENT WITH THE VILLAGE OF BIG ROCK IN
CONNECTION WITH THE KANE COUNTY RECOVERY BOND WATER PROJECT
INITIATIVE
WHEREAS, the County of Kane (“Kane County”) issued approximately
Ten Million Dollars in Taxable General Obligation Alternate Bonds
Series 2010 (the “Bonds”) for the purpose of financing certain
infrastructure projects (the “Projects”) for Kane County as well as
for other units of local government within Kane County (Ordinance
10-373); and
WHEREAS, Kane County has requested and required that all units
of government participating in the Projects enter into
Intergovernmental Agreements with Kane County in order to assure
repayment of the Bonds; and
WHEREAS, Kane County has determined that it is in the best
interest of Kane County and its residents to authorize and enter
into such agreements; and
WHEREAS, the Constitution and laws of the State of Illinois
authorize units of local government to enter such agreements for
the purpose of jointly exercising the powers and duties given to
them by law.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board as
follows:
Section 1. The facts and statements contained in the preamble of
this Resolution are hereby determined by the Kane County Board to
be true and correct and are hereby incorporated as part of this
resolution.
Section 2. The Chairman of the Kane County Board is hereby
authorized and directed to execute an intergovernmental agreement
with the Village of Big Rock for a recovery bond loan that will net
an amount of One hundred thousand dollars and zero cents
($100,000), which is hereby approved, a copy of which is on file in
the office of the Kane County Clerk (the “Parties”).
Passed by the Kane County Board on November 8, 2011. John A.
Cunningham Karen McConnaughay Clerk, County Board Chairman, County
Board Kane County, Illinois Kane County, Illinois Vote: Yes No
Voice Abstentions 11BigRock
-
A G E N D A I T E M E X E C U T I V E S U M M A R Y Agenda Item
# Date: October 19, 2011
Item:
Resolution: Determining to Proceed to Issue General Obligation
limited Bonds of the County of Kane, Illinois in an Aggregate
Principal Amount Not to Exceed $2,000,000 for the Purpose of Paying
for Improvements to Property of the County of Kane.
Presenter / Sponsor: Water Resources and Finance
Assigned Committee: Executive Budgeted: Yes No X N/A
If not budgeted, explain funding source: Appropriation: (insert
dollar amount)
Summary:
The following summary was prepared by our bond counsel, Don
Kreger: The proposed Resolution, though not required, has the
following two purposes: 1.To indicate the Board's agreement to
proceed with the bond issue, and 2. To allow reimbursement from
bond proceeds of expenditures made for the Project occurring from
and after 60 days prior to the passage of the Resolution.
List Attachments:
Detailed information available from / at: Kane County Finance
Dept, 630-208-5112
Staff Comments / Recommendations:
-
STATE OF ILLINOIS COUNTY OF KANE
RESOLUTION NO. 11 -
A RESOLUTION DETERMINING TO PROCEED TO ISSUE GENERAL
OBLIGATION
LIMITED BONDS OF THE COUNTY OF KANE, ILLINOIS, IN AN AGGREGATE
PRINCIPAL AMOUNT NOT TO EXCEED $2,000,000 FOR THE PURPOSE OF
PAYING
FOR IMPROVEMENTS TO PROPERTY OF THE COUNTY OF KANE
WHEREAS, the County of Kane, Illinois (the “County”), is duly
organized and existing under the provisions of the laws of the
State of Illinois, and is now operating under and pursuant to the
provisions of the Counties Code of the State of Illinois, 55 ILCS
5/1 et seq., as amended (the “Counties Code”), and is a
“governmental unit” as defined in Section 2(i) of the Local
Government Debt Reform Act of the State of Illinois, as amended, 30
ILCS 350/1 et seq. (the “Debt Reform Act”); and
WHEREAS, the County Board of the County (the “County Board”) has
determined that it is
advisable, necessary and in the best interests of the County, in
order to promote and protect the public health, welfare, safety and
convenience of the residents to undertake a project consisting of
improvements to properties of the County including, in connection
with those improvements, all mechanical, electrical and other
facilities and services necessary, useful or advisable to the
program of improvements and, incidental to those project costs, to
pay bond discount, interest, bond reserve requirements, and legal,
other financing and related administrative fees and costs
(together, the “Project”); and
WHEREAS, the estimated costs of the Project, including all of
the costs previously described,
are anticipated to be not more than to $2,000,000 plus estimated
investment earnings on the borrowing described in this resolution
during the time prior to the expenditure of such amount; and
WHEREAS, the County Board has determined that there are
insufficient funds on hand and
lawfully available to pay all of the costs of the Project, and
it is necessary to issue additional obligations of the County to
pay such costs; and
WHEREAS, the costs of the Project not paid from other sources
are expected to be defrayed by
up to $2,000,000 of proceeds of bonds, and not by any cash on
hand or expected to be on hand and lawfully available for such
purpose; and
WHEREAS, Section 15.01 of the Debt Reform Act authorizes the
County to issue limited bonds
(the “Bonds”) payable from the debt service extension base as
defined in the Property Tax Extension Limitation Law 35 ILCS
200/185 et seq.; and
WHEREAS, it is necessary and in the best interests of the County
that the Project be
undertaken, and in order to raise the funds required for such
purpose it will be necessary for the County to borrow an amount not
to exceed $2,000,000 and in evidence of such borrowing to issue
general obligation limited bonds, all under and in accordance with
the Counties Act and the Debt Reform Act; and
WHEREAS, the County Board has held a public hearing pursuant to
the provision of the Bond
Issue Notification Act, 30 ILCS 352/1 et seq., as amended.
-
Page 2 of 2, Res. #11-_____
NOW, THEREFORE, BE IT RESOLVED by the County Board of The County
of Kane, Illinois, as follows:
Section 1. Incorporation of Preambles. The County Board finds
and determines that all of
the recitals contained in the preambles to this resolution are
true, correct and complete and incorporates them into this
resolution by this reference.
Section 2. Public Hearing. In accordance with the Bond Issue
Notification Act, the County
Board held a public hearing as part of the regular meeting of
the County Board on November 8, 2011, beginning at 9:45 o’clock
a.m. at the Kane County Government Center, 719 South Batavia
Avenue, first floor board room, Geneva, Illinois.
Section 3. Determination to Proceed to Issue Bonds. It is
necessary and in the best
interests of the County to undertake the Project for the public
heath, welfare, safety and convenience of the residents of the
County as described in the preambles. For the purpose of paying the
costs of the Project, it is hereby determined that the County shall
proceed to issue general obligation limited bonds (the “Bonds”) in
an amount not to exceed $2,000,000.
Section 4. Declaration of Intent to Reimburse Project
Expenditures. The County Board
anticipates that a portion of the expenditures relating to the
Project have been paid not more than 60 days prior to the date of
adoption of this resolution or will be paid on or after the date of
adoption of this resolution and prior to the issuance of the Bonds.
Such expenditures may be paid initially from other funds of the
County and the County reasonably expects to reimburse itself from a
portion of the proceeds of the Bonds.
Section 5. Severability. If any section, paragraph, clause or
provision of this resolution
shall be held invalid, the invalidity of such section,
paragraph, clause or provision shall not affect any of the other
provisions of this ordinance.
Section 6. Effective Date. This resolution shall be in full
force and effect immediately upon
its adoption as provided by law. Passed by the Kane County Board
on November 8, 2011.
John A. Cunningham Karen McConnaughay Clerk, County Board
Chairman, County Board Kane County, Illinois Kane County, Illinois
Vote: Yes No Voice Abstentions 11Bonds
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AgendaTreasurer's ReportFinance Director's ReportSales Tax
AnalysisRevenue ReportExpenditure ReportAccounts Payable
ReportRes.: Toner ContractRes.: Office Supplies ContractRes.:
Hiring Exception-ITDRes.: IGA-Big RockRes.: BondsRes.: Lead Based
Paint