►
From YouTube: Finance & Budget Committee Meeting 3-14-2023
Description
No description was provided for this meeting.
If this is YOUR meeting, an easy way to fix this is to add a description to your video, wherever mtngs.io found it (probably YouTube).
A
E
Good
evening
I'm
Dave
Ellis,
the
resident
of
the
Seventh
Ward
and
I'm
good
I'm
glad
to
be
able.
E
Okay,
still
Dave
Ellis,
still
a
resident
of
the
Seventh
Ward
and
I'm
glad
I'm
able
to
comment
this
evening.
My
comments
so
be
addressing
pension
funding.
I
was
here
last
month
and
talked
about
a
couple.
Things
I'd
like
to
follow
up
a
little
bit
more,
hopefully
push
some
action
I'm
going
to
go
back
to
the
Blue
Ribbon
committee
report,
which
was
15
years
ago
on
page
four.
It
talks
about
in
the
bottom
paragraph.
It
says
what
about
the
city
manager?
This
is
in
2008..
E
What
about
the
city,
manager,
finance
manager,
city,
council
and
mayor?
Were
they
asleep
at
the
switch?
These
professionals,
professional
and
elected
officials
were
being
told
that
the
plans
were
well
funded.
The
assumptions
were
reasonable
that
the
adverse
Trends
would
reverse
and
even
over
time,
resulting
in
improved
funding
status.
Hindsight
tells
us
that
had
more
questions
been
asked
and
more
information
been
sought.
City
officials
might
have
chosen
to
increase
funding
in
an
earlier
time
to
mitigate
the
debt.
F
E
Much
my
name
is
Dave
Ellis
I'm,
a
resident
of
the
Seventh
Ward
and
I'm
here
tonight
to
speak
about
pension
funding
and
I
would
like
to
address
some
of
the
comments
from
the
Blue
Ribbon
committee,
which
met
and
produced
a
report.
15
years
ago
in
2008,
I'm
gonna
read
the
bottom
paragraph
of
page
four
of
the
report.
E
What
about
the
city
manager,
finance
manager,
city,
council
and
mayor?
They
were
asleep
at
the
switch
question
mark
these
professional
and
elected
officials
were
being
told.
The
plans
were
well
funded.
The
assumptions
were
reasonable
that
the
adverse
Trends
would
reverse
and
even
over
time,
resulting
in
improved
funding
status.
Hindsight
tells
us
that
had
more
questions
been
asked
and
more
information
information
been
sought.
City
officials
might
have
chosen
to
increase
funding
at
an
earlier
time
to
mitigate
the
depth
of
the
current
crisis.
E
So
with
that
being
said
from
15
years
ago,
I
fully
believe
that
I
I
agree
with
the
report
and
I
agree
that
that's
true
today
as
it
was
then
I
also
think
we
can
agree
that
doing
the
same
thing
over
and
over
again
and
expecting
the
same
results
as
insanity.
E
I
think
we
could
agree
on
that.
The
council
and
this
committee
are
the
leaders
of
the
City
of
Evanston.
Leadership
requires
a
plan,
analysis
and
execution
for
pension
funding.
There's
two
plans
to
one
plan
is
to
follow
the
actuarial's
advice
or
suggestions
and
that
could
ultimately
cost
the
taxpayer
somewhere
between
750
million
to
a
billion
dollars,
the
total
costs,
or
we
could
go
with
the
plan
where
we're
funded
at
90
percent,
at
least
up
to
100
percent,
and
that's
going
to
save
approximately
four
to
five
hundred
million
dollars.
E
Analysis
analysis
on
pension
funding
has
been
done
well
over
35
years.
The
Blue
Ribbon
committee
was
the
Apex
of
that
analysis.
I
think
everybody
here
and
everybody
in
the
past
agrees
where
we're
at
that
leads
us
to
execution.
I.
Think
it's
in
the
budget
and
finance
committee's
purview
to
recommend
to
the
council
to
fund
the
pensions,
at
least
at
90
percent
every
year,
if
not
more,
that's
going
to
save
the
cities.
E
I
stated
last
month,
Bond
rating
issues,
budgetary
issues
and
and
also
be
more
transparent,
tough
decisions
are
part
of
the
job
that
you
guys
do
every
year,
I
mean
that's
just
part
of
what
you
sign
up
for
in
the
50.
It
costs
fifty
thousand
dollars
a
day
in
interest
is
what,
where
we're
at
last
year,
all
right.
It
was
18
million
dollars
in
interest.
It's
50,
000.,
so
five
days
to
be
the
annual
salary
for
the
city
manager.
Three
days
would
be
the
cost
for
a
police
officer.
E
E
You
know
a
last
meeting
I
suggest
that
we
follow
the
iron
refs
model
as
far
as
how
they
are
funded
and
get
to
that
point
where
the
pension
actually
funds
itself
with
minimum
contribution
for
the
taxpayers.
My
thesis
is:
the
city
can
no
longer
afford
to
Gaslight
funding
all
right.
The
funding
issue
is
not
a
political
issue.
The
funding
issue
is
mathematics.
We're
at
a
point
now
where
we
can't
just
keep
doing
what
the
Blue
Ribbon
committee
said.
We
did
15
years
ago.
E
At
some
point,
we
have
to
take
a
decisive
action,
and
that
requires
leadership.
This
is
not
as
I
said,
this
is
no
longer
political
issue.
This
is
the
financial
issue.
So
that's
what
I
hope
you
guys
do.
I
hope
you
get
a
suggestion
to
the
council
to
fund
the
pensions
for
next
year's
budget.
Last
year's
budget
was
great
at
90
percent
or
90
percent
funding.
E
E
D
G
Okay,
great,
this
is
listening.
Okay,
my
name
is
Darlene
Cannon
I'm,
a
second
ward
I,
see
that
you
have
the
pensions
on
the
agenda.
I
think
that
it's
a
shame
what
we've
been
spending
on
Pinterest
due
to
accrued
interest
and
fees
due
to
undefunding
each
year.
It's
unacceptable
that
the
residents
have
been
forced
each
year
to
make
up
this
difference
when
we
could
be
fiscally
responsible
and
make
this
a
line
item
as
we
do
with
imrf.
G
H
Connolly
go
ahead.
Yes,
thank
you!
Tricia
Connolly's
second
word
I
am
asking
today
as
I've
asked
before,
and
several
of
us
have
to
ask
the
committee
to
please
do
right
by
the
community:
let's
get
a
handle
on
the
police
and
fire
pension
long
term
again.
We
totally
appreciate
what
happened
this
year
with
you
know
fully
funding,
let's
etch,
that
in
Granite
I'm,
not
clear
on.
H
It's
rather
Reckless
not
to
do
it
and
put
that
on
our
taxpayers
in
this
community
in
Evanston.
So
please,
let's
figure
out
a
way,
make
a
recommendation
to
city
council
and
let's
move
on
and
forward
with
other
things
that
we
need
to
get
done
in
our
town.
Thank
you.
I
Timothy
Schoolmaster
I
am
the
President
of
the
Board
of
Trustees,
of
the
police
pension
fund,
I'm,
not
sure
I'm
eligible
for
public
comment,
because
I'm,
an
elected
official
in
Evanston,
probably
by
far
the
elected
official
of
longest
standing,
you're
a
resident
expert.
So
if
you
have
questions,
I've
talked
to
Mr
Franken.
If
you
talk
to
him
for
the
next
couple
years,
I
still
have
many
more
years
with
him
and
and
I
think
we
figured
out
how
it
works
and
he's
got
some
good
ideas
for
you.
I
I
applaud
the
move
that
was
made
last
year
to
move
this
in
a
New
Direction,
and
there
are
certainly
ways
to
do
it
going
forward
and
many
other
communities
have
done
it.
The.
E
I
Funding
will
will
help,
get
you
somewhere,
of
course,
but
many
communities
Naperville
they
had
an
extra
5
million
boom.
It
went
into
a
pension
fund,
Skokie
370,
some
million
into
their
Pension
funds.
They
borrowed
it.
Of
course,
that
train
has
left
the
station
as
far
as
two
percent
money,
but
there
are
ways
and-
and
of
course
this
will
require
that
all
the
city
assets
are
disclosed.
I
Our
board
Council
has
gone
on
the
pprt
they've
gone
back
to
1976
when
that
was
started,
and
they
are
looking
at
it
year
by
year
and
I
don't
have
a
report
on
it
yet,
but
we
we
should
see
if
that
the
bprt
was
at
any
time
directed
other
than
where
it
was
supposed
to
go,
and
that
could
certainly
balance
out
where
you
want
to
be
on
this.
If,
if
that's
available
to
you,
if
you
have
questions
you
have
my
number,
you
can
always
get
a
hold
of
me
and
I'm
listening
with
interest.
Thank
you.
Thank.
D
D
All
right
very
good,
so
we
can't
discuss.
We
can't
approve
the
minutes
at
this
at
this
point
good.
So,
let's
go
through
the
the
first
item
for
discussion.
Clayton
was
going
to
take
us
through
what
I
think
has
been
some
really
great
progress
on
work
related
to
the
historical
periods
of
our
financial
forecasting
model
and
a
general
fund
update,
which
of
course
does
touch
on
pensions
like
everything
else
does,
but
we
will
discuss
pensions
more
directly
in
a
minute.
D
Before
you
start
just
when
I
first
got
involved
here,
one
thing
that
that
was
hard
for
me
to
get
my
mind
around
was
sort
of
a
multi-year
view
on
what
actual
results
have
been
and
so
over.
The
last
certainly
Clayton
since
you've
been
you
here
over
the
last
eight
months
or
or
so,
it's
really
been
good
to
work
with
you
to
try
to
you
know,
pull
together.
D
Look
if
we
have
a
really
good
understanding
of
the
last
five
years
or
so
it
is
75
of
the
way
there
to
get
a
a
working
model
of
the
next
five
years.
So
I
really
commend
you
on
the
work
that
that
you've
done
and
I
think
that
that
will
really
help
us
resolve
pension
and
other
issues
in
a
more
thoughtful
and
long-term
strategic
way.
So,
thank
you
very
much.
We
look
forward
to
going
through
your
materials.
J
Thank
you.
Thank
you
yeah.
So
this
discussion
item
we've
kind
of
organized
into
two
parts.
The
first
one
as
the
chair
mentioned,
is
focused
on
the
general
fund
past
five
years
and
then
second
we'll
move
into
a
summary
of
the
projected
2022
general
fund
Surplus,
which
is
touched
on
as
part
of
the
forecast
but
yeah.
This.
J
J
So
this
is
the
high
level
pdf
version
and
it's
on
page
six
of
the
packet
like
oh
down
there.
Thank
you.
J
I'm
gonna
I'm
gonna
follow
so
the
Excel
version.
Does
it's
it's
easier
to
blow
up
and
make
bigger,
but
we've
got
the
PDF
in
the
packet
with
the
tiny
numbers,
but
so
the
we've
developed
a
forecast
for
the
general
fund.
It
looks
pretty
similar
to
what
you
use
during
the
budget
season,
but
we've
enhanced
it
so
that
you
can
drill
into
the
individual
categories
and
see
some
of
the
individual
revenues
it
does
have
future
years.
We've
limited
this
discussion
in
just
the
past
five
years,
just
because
we're
continuing
to
work
on.
J
A
H
C
C
J
J
B
J
2022.,
okay,
yep
so
again
has
future
years
functionality
limiting
it.
As
the
chair
said
just
to
the
past
few
years,
so
you
can
see
some
historicals
here
in
terms
of
revenues.
You
can
see
the
significant
increase
in
2021
and
2022.
That's
right
here
over
pre-pandemic
levels.
You
can
see
that's
really.
In
both
of
those
years
we
held
the
property
tax
levy
flat.
So
there's
not
new
property
taxes.
J
There
that's
driven
primarily
by
inflation,
and
you
can
see
these
were
the
pre-pandemic
revenues
anywhere
between
about
112
to
117
million
and,
as
you
all
know,
those
have
surged
this
year
and
last
year
as
well
to
127
million
in
2021,
and
it
projected
140
million
in
2022.
drilling
into
the
other
taxes
category.
You
can
start
to
see
sort
of
where
this
is
happening.
The
first
couple,
these
are
our
major
other
taxes.
The
state
income
tax
is
a
big
one.
J
So
for
many
many
years
we
trended
between
seven
and
eight
million.
You
can
see
those
numbers
here
and
it
wasn't
until
the
last
couple
years
where
this
has
really
surged
and-
and
this
is
a
shared
state
revenue-
we
receive
this
revenue
on
a
per
capita
basis
and
with
recent
rage,
wage
growth
as
well
as
evanston's
population
increasing
as
part
of
the
2020
census.
You
can
see
what
that's
done
to
these
state
income
tax
returns
in
terms
of
state
income,
tax
or
state
sales
taxes,
another
big
one
for
communities.
J
You
generally
know
from
year
to
year
how
your
sales
taxes
are
going
to
do
and
for
Evanston.
That
number
was
anywhere
between
nine
and
a
half
million
nine
million
up
to
about
ten
and
a
half
million,
but
you
can
see
the
impact
of
inflation
in
2021
2022.
Those
have
surged
quite
High
over
12
million
below
that
we
get
to
five
taxes
that
are
very,
very
consistent
taxes.
These
are
not
as
tied
to
activity
in
the
local
economy.
J
More
consistent,
remarkably
consistent
things
like
the
electricity
use
tax.
You
can
see
each
year
we
Trend
anywhere
between
2.8
million
and
2.9
Million,
and
then
we
get
down
into
these
other
two
taxes
which
are
very
much
tied
to
the
economy,
the
real
estate
transfer
tax
and
pprt,
and
you
can
see
that
in
recent
years
those
have
really
surged
to
really
high
levels.
So
those
are
just
a
couple
of
the
drivers
that
we
have
that
are
contributing
to
the
Surplus
that
we're
seeing
this
year.
D
J
Okay,
other
revenues
that
are
surging
well
Recreation
program
fees
is
a
big
one.
You
can
see
the
growth
in
2022
projecting
around
600,
6.7
million,
that's
higher
than
we
were
even
before
the
pandemic.
I
believe
there
was
a
10
increase
to
non-resident
fees
there
that
have
helped
contribute
to
that
increase
as
well.
J
I
believe
it's
probably
a
combination
of
both
but
I
think
the
thing
that
the
Parks
and
Recreation
Department
told
us
was
contributing.
The
most
was
a
10
increase
to
non-resident
fees
for
many
of
our
programs
that
helped
cause
that
licenses
and
permits
building
permits
doing
exceptionally
well
as
in
last
year
as
well
and
then
in
terms
of
gemt
service
Revenue,
another
big
one.
It's
a
new
Revenue
shared
from
the
state.
J
We
get
that
money
for
Medicaid
transports
on
our
ambulances,
so
another
big
new
Revenue
source
as
well
looking
at
expenses
on
the
expense
side,
so
the
arpa
money
was
recorded
in
the
general
fund
throughout
2022,
but
per
our
for
rules.
We've
moved
all
that
arpa
money
to
the
arpa
fund
as
an
accounting
kind
of
an
accounting
practice,
so
it
was
used
and
that's
where
I'm
going
on
the
expense
side
too,
not
in
the
general
fund.
J
Side
correct
so
there's
no
impact
of
arpa
on
on
this
sheet,
because
it's
it's
just
general
fund,
where
there
is
an
impact
on
art
from
arpa,
but
there's
no,
it's
a
bit
confusing,
but
on
salaries
and
benefits
you
can
see
pre-pandemic
right
around
69
to
71
million,
and
this
year
we're
at
67
million.
Now
it
looks
like
that's
a
big
drop
in
our
salary
and
benefit
costs,
but
a
big
portion
of
that
was
covered
and
moved
to
arpa
as
part
of
the
arpa
rehiring
public
sector
staff
project.
J
We
were
able
to
pay
for
one
point:
I
believe:
seven
million
in
public
sector
salaries
and
those
have
been
moved
to
the
arpa
fund
as
well
as
some
vacancies
throughout
the
year
too.
We
recognized
that
during
budget
and
we've
implemented
that
vacancy
adjustment
as
well.
J
J
D
G
C
A
A
We
asked
for
that.
Okay,
this
could
be
the
thing
and
we
could
not
spend
on
eligible
projects.
We
could
spend
only
two
million
dollars
so
the
suddenly
the
revenue
went
down
to
2
million.
Only
because
that's
only
we
can
book
in
the
revenue,
because
we
spend
2
million
eligible
experience
and
that's
how
the
grants
work
too.
You
know,
under
the
other
accounting
rules,
uh-huh.
C
D
A
C
A
B
I
think
if
we
had
a
column,
you
know
where
there's
a
difference
because
of
arpa
by
each
expense.
I
think
that
would
be
helpful.
So
if
it
says,
for
example,
whatever
the
total
salary
is
there
79
million,
then
with
arpa.
A
B
C
C
D
In
one
place,
so
I
think
one
we,
we
have
a
a
tool
that
is
still
in
development.
We
can
think
about
what
is
the
best
way
to
give
this
make
it
an
informational
document
that
people
that
people
can
use
and
we
had
started
now
to
you
know
just
do
the
general
fund
I
think
we're
going
to
want
to
look
at
the
other
funds
too,
in
a
similar
way,
including
the
Enterprise
funds,
make
sure
they
look
like
they're,
fine
and
the
other
key
funds.
D
But
but
the
point
is
we're
starting
to
develop
this
better
database
that
we
can
all
decide.
How
do
we
annotate
it?
How
do
we
put
notes
in
it
so
that
we
all
understand
what
the
best,
what
the
best,
what
the
best
format
is,
but
also
it's
good
to
have
it
I
think
tied
to
the
budget,
because
we
have
a
lot
of
numbers
floating
around
here.
You
know
we
have.
We
have
the
budget
numbers
which
are
on
modified
Cash
basis.
D
D
So,
but
certainly
we
do
need
to
in
here
understand
all
the
distortions
that
happened
in
the
20
to
22
period,
caused
by
arpa,
caused
by
openings,
caused
by
all
sorts
of
of
of
of
of
inflation,
all
sorts
of
things
that
led
to,
fortunately,
some
sizable
surpluses
during
this
three-year
period,
which
were
were,
we
are
very
fortunate
to
have
but
I,
think
the
real
value
here-
and
you
can
see
it
here
in
the
23
column-
is
that
when
we
get
to
23,
we
have
flipped
into
a
deficit
of
10
using
the
current
numbers
and
again
I.
D
Think
there
there's
some
other
numbers
we
want
to.
We
want
to
push
on
and
make
sure
that
all
of
our
revenues
are
using
the
most.
You
know
the
most
current
data
and
all,
but
again,
this
is
what
I
think
this
is.
A
big
part
of
this
committee
is
to
get
this
form,
get
this
file
into
a
way
that
is
workable
for
everyone,
and
we
can
all
talk
about
the
real
numbers
and
have
a
go-to
document.
C
A
D
B
Might
be
a
separate
column,
that's
that's
at
the
end,
but
and
can
you
tell
us
back
to
the
tax
the
page
of
the
different
taxes
which
we're
looking
at
on
a
I'm
accrual
versus
modified
cash?
So
we
know
like
which
ones
are
we
waiting
before
we
can
get
our
year
year
to
date
on
22.
I,
I.
B
A
A
E
I
A
We
book
it
but
in
government-
and
this
is
a
good
kind
of
question
with
one
of
my
council
member
who
is
not
here
like
when
we
issue
the
debt
for
Tiff
funds.
It's
nowhere
on
the
tip
financials,
so
I
mean
when
I
tell
the
council
member
that
okay,
you
can't
spend,
because
we
have
only
300
000
fund
balance
and
600
000
outstanding
debt.
And
then
the
person
asked
me
that
okay
I
don't
see
the
in
your
600
000
anywhere
on
the
books,
but
it's
called
governmental
funds.
A
A
D
D
D
Been
yeah,
so
Claire
that
is
Apples
to
Apples
is
clearly
with
the
higher
revenues,
some
of
which
were
only
apparent
in
you
know,
coming
in
as
we're
doing
the
audit
and
we
we
can
look
for
ways
to
get
better
visibility
going
forward,
so
they
could
be
in
the
projection
right.
But
the
fact
is
the
Surplus,
fortunately
increased
for
for
22
versus
what
was
anticipated
at
the
time
that
the
23
budget,
yes,
was
was
pulled.
D
And
maybe
maybe
we
should
just
move
on
to
that,
so
there's
a
lot
of
moving
pieces
here.
This
is
a
work
in
process,
we'll
just
distribute
it
to
people,
but
I.
Think
that's
sort
of
my
big
takeaways
here
are
2019.
We
were
kind
of
flat
2023
we're
currently
showing
a
negative
10..
We
had
these
big
surpluses,
primarily
in
21
and
22,
and
we
need
to
understand
that
and
also
really
be
certain
that
you
know
how
do
we
do
a
a
re-forecast
of
23
to
really
say:
are
we
dealing
with
10?
D
Are
we
dealing
with
something
different
because
that
really
will
inform?
What
are
you
know
how
we
think
about
pension
funding,
how
we
think
about
other
factors
going
forward
because,
hopefully
we're
not
truly
going
to
use
10
million
of
budget
surplus
and
23.
E
D
J
24.4,
so
really
driven
by
eight
key
revenues.
I
already
touched
on
those
as
I
went
through
them
in
the
forecast,
but
this
shows
our
projection
from
October
versus
where
we
stand
the
day.
So
you
can
see
sales
taxes,
they
stayed
strong
with
inflation,
they
they
surged
the
levels
higher
than
we
we
anticipated
at
the
time
real
estate
transfer
tax.
The
real
estate
market
stayed
strong
in
the
later
months
of
the
year,
pprt
a
big
one.
J
We
got
40
percent
of
our
total
revenue
for
last
year
in
the
months
of
December
and
January
for
for
pprt.
So
when
we
ran
the
projection
in
October,
we
only
had
60
of
where
we
finished
at
year.
End.
B
J
Parking
taxes,
so
this
is
almost
back
at
pre-pandemic
levels:
parking
activity
during
the
winter
months,
probably
a
revenue
that
we
can
put
back
to
where
it
was
at
before
pandemic
levels.
Recreation
program
fees
again
finished
quite
a
bit
higher
strong
winter
programming
finished
about
a
month,
a
million
higher
than
anticipated
building
permits
again
higher
than
anticipated
activity
and
then
gemt
as
well
of
these
eight
six
of
them
are
all-time
highs
for
the
city.
J
Everything
except
real
estate
transfer
tax,
where
we
had
our
all-time
high
in
2021
and
parking
taxes
where
we've
had
some
other
all-time
highs.
All
these
other
ones,
just
unprecedented
levels,
really
driven
empowered
by
inflation.
So,
needless
to
say,
a
very,
very
good
year,
contributing
to
this
24
million
dollar
Surplus
versus
the
14
million
dollar
Surplus
that
we
shared
when
we
presented
the
budget
in
October.
So.
B
I
just
want
to
say
I
think
some
of
the
Surplus
was
available
to
us.
I
know
that
and
I
think
as
city
manager
still
knows.
Initially
it
was
a
seven
point
million.
Seven
million
is
what
you
said.
I
said
I
really
think
we
have
more
and
thank
you,
city
manager,
Stowe,
for
going
back
and
working
with
the
finance
team
to
then
say
14..
B
So
that's
a
big,
but
even
that
I
know
the
year
prior
to
that
it
was
almost
30
million,
and
it's
just
so
important
when
we're
trying
to
establish
our
budget
for
the
subsequent
year,
that
as
much
of
that
as
possible,
is
made
available
to
council
with
full
transparency
so
that
we
can
appropriately
assess
the
levy.
B
So
I
just
asked
that
going
forward
I
mean
I
can
see
the
deposits
from
from
the
pprt,
which
I
found
closely
the
days
those
were
made
so
I
just
I
think
that
some
of
these
numbers,
we
could
have
been
a
little
bit
closer
to
that
by
the
time
we
were
actually
deciding
on
what
to
Levy.
So
I
just
asked
that
this
year,
please
that
we
do
everything
possible
to
really
bring
that
as
close
to
the
to
where
we
really
stand
in
Surplus,
so
that
we
aren't
so
that
we're
taxing
appropriately
our
residents.
D
I
think
that
that's
one
of
the
really
critical
outputs
of
this
process
is
going
to
be
better
forecasting.
Absolutely
completely
agree
that
you
know
some
of
the
growth
in
10.
You
know.
Maybe,
if
we
had,
if
we
had
better
tools,
we
would
we
would
have
been
closer
to
the
actual,
but
also
I,
know
many
communities
struggle
with
things
like
pprt
as
to
what
they
are
so
I
think
identifying.
Where
we
had.
D
The
big
misses
will
inform
us
where
we
need
to
look
harder
to
get
a
better
forecast
right
and
and
just
one
point
the
the
Surplus
on
the
sheet-
and
this
is
another
good
reason
to
have.
The
shade
is
the
Surplus
in
21
was
13.,
the
total
ended,
excess
was
was
or
total
Surplus
was
30.,
but
the
year
added
14.,
the
Surplus
for
the
year
was
14.,
but.
J
J
So
then,
looking
at
ways
in
which
city
council
this
committee
can
consider
using
this
Surplus
staff
would
put
forward
a
handful
of
recommendations.
The
first
one
has
already
been
approved
as
part
of
the
budget.
That
was
10.1
million,
as
the
chair
mentioned
potentially
need
to
take
a
close
look
at
that
and
make
sure
that
that
is
indeed
a
number,
but
that
is
what
was
needed
in
order
to
balance
the
2023
general
fund
budget.
Four
and
a
half
million
of
that
was
for
the
additional
transfer
to
pensions.
J
3
million
of
that
was
reallocation
of
the
real
estate
transfer
tax
to
the
reparations
fund,
and
the
rest
was
what
was
needed
to
balance.
The
general
fund
number
two
is
covering
the
overage
in
the
animal
shelter
project
that
was
voted
on
by
city
council
last
week
or
two
weeks
ago
it
was
1.5
million
over
the
budget
and
the
approval
of
that
items
that
that
would
come
from
the
general
fund.
Reserve
number
three
is
higher
than
budgeted
wage
increases
for
Union
contracts.
Only
one
of
the
city's
three
contracts
have
been
agreed
to
so
far.
J
Excuse
me,
fire
is
done
too,
so
we'll
we're
working
with
fire
to
understand
what
that
Financial
impact
will
be
for
2023
and
then
ask
me
as
well.
So
this
is
still
a
to
be
determined,
but
as
these
Agreements
are
approved
by
city
council,
these
numbers
become
approved
as
sort
of
a
use
of
fund
balance
in
order
to
pay
for
those
increases.
C
J
J
We
can
go
into
greater
detail
on
what
that
may
look
like,
but
there's
the
potential
to
use
that,
in
order
to
reduce
our
the
amount
that
we
need
to
go
out
and
issue
Geo
bonds
for
next
is
incremental
Public
Safety
pension
increases,
so
we
know
that
the
wage
increases
for
police
and
fire
may
have
may
have
some
impact,
as
well
as
the
market
returns
on
the
amount
of
contributions
we
need
to
make
to
the
public
safety
Pension
funds
in
order
to
be
on
track
and
we'll
wait
for
there's
another
item
on
the
agenda
later
to
discuss
that
as
well.
J
So
I'll,
let
that
be
discussed.
Then
next
is
the
transfer
to
the
Insurance
Fund
per
fund
balance
policy.
So
the
city's
fund
balance
policy
says
that
the
city
should
transfer
any
reserves
over
20
percent
of
the
general
fund
and
I
have
that
in
the
next
slide.
This
is
all
in
our
budget
document.
These
are
our
fund
balance
policies.
It
says
that
anything
over
20
should
be
reappropriated
to
other
funds
that
have
not
met
their
reserve
requirements
once
all
funds
have
met
their
reserve
requirements.
J
Anything
over
that
should
go
to
the
capital
Improvement
program,
so
one
such
fund
that
has
a
pretty
significant
deficit
is
the
Insurance
Fund.
It's
recognized
by
our
Auditors
each
year
in
the
annual
financial
report
is
running
a
deficit,
and
so
that's
one
fund
that
could
use
the
additional
excess
reserves
plus
anything
over
that
would
go
to
CIP
and
then
lastly,
we
discussed
this
during
budget,
but
reconsider
increasing
the
general
fund
balance
policy
to
20.
J
We
discussed
that
then,
but
it's
a
great
now
is
a
great
time
to
do
it.
Since
there
are
these
available
reserves,
you
we're
in
a
position
to
be
able
to
do
it
if
the
city
council
so
desires
with
that.
That
kind
of
covers
the
general
fund
discussions
so.
J
D
Relative
to
23.,
so
if
you
just
go
back
to
that,
the
the
the
the
schedule
that's
got
multiple
years,
it
does
have
you
re-looked
at
the
revenue
projections
for
23,
particularly
in
other
taxes,
because
it
does
appear
that
we
budgeted
relative
to
what
we've
seen
today.
We're
about
a
14
million
dollar
decline
in
other
taxes,
between
22,
actual
and
23
and
I.
Think.
A
A
You
know
from
Banks
the
other
organizations
who
keep
an
eye
from
the
economies
in
inflation
and
late
October
November
when
we
were
doing
the
budget
and
there
were
news,
the
area
budget
wouldn't
go
down,
I
mean
the
inflation
would
go
down
to
a
normal
two
and
a
half
percent
three
percent
by
the
mid-year
mid-23,
and
when
we
talked
to
the
finance
directors,
peers
and
all
that-
and
there
was
a
concern
based
on
all
these
reports
now
even
today,
I
get
this
email
after
two
bank
failures
that
this
could
be
a
beginning
of
2008.
A
Nine,
now
I
know
everyone
has
their
opinion.
But
this
is
not
a
personal
individual
I
read
whether
it's
in
Wall
Street
from
Morgan
Stanley.
The
reports
comes
from
the
banking.
You
know
their
economy,
their
economies.
You
know
that
so
sometimes
it
is
tough
for
me
to
like.
Okay,
I
can
just
say:
okay,
I'll
go
ahead
and
increase
the
all
those
revenues
to
kind
of
somewhat
mesh
22
Revenue.
Now
one
good
thing
is
about
the
PPI
dni
in
chair
Livingston.
You
already
kind
of
mentioned
that,
where
is
that
thing?
A
I
would
just
surely
look
at
this
pprd.
Now
we
get
these
numbers
on
IML,
Illinois,
Municipal
league
and
we
kind
of
budget.
Based
on
that
now
you
would
see
the
numbers.
If
you
look
at
the
last
line,
pprd
Millions,
it's
a
wide
swing
when
they're
kind
of
projected
first
year
and
First
Column
to
24
24
millionth.
Overall,
this
is
as
a
state.
You
know,
then
you
would
see
it
jumped
30
to
90
five
and
then
it
jumped
to
46.50
in
two
months.
A
They
said
no,
no
we'll
get
a
lot
more
now
and
yeah
there's
a
lot
of
like
almost
eight
page
reporting
that
February
IML
review
article.
So
you
can
see
that
so
it's
a
wild
swing,
now
look
at
the
last
column.
They
say
in
23.
You
would
get
28
less
compared
to
fiscal
year,
22.
the
calendar
year,
22.!
So
and
again,
yes,
I
mean
my
duty
as
a
CFO
to
bring
up
these
things.
B
May
I
just
comment
on
this,
so
I'm
really
glad
to
see
you're
bringing
up
this
chart.
I
found
this
very
useful
because
in
the
past
we
haven't
referred
to
this
chart
when
in
fact
you
were
way
under
budgeting
what
we
should
have.
So
when
you
see
from
like
21
to
22,
it's
almost
double,
it
is
more
than
double
they
projected,
but
in
fact
ours
stayed
the
same.
B
We
didn't
double
our
projections
or
even
get
anywhere
near
that
so
yes,
but
we
have
been
under
budgeting
considerably,
so
so
I
absolutely-
and
this
is
what
I
pointed
out
during
the
budget
season.
I
said
it
was
going
to
be
about
a
30
decrease
and
I
was
corrected
and
people
said
it
was
13,
but
this
is
what
I
was
referring
to
this.
B
This
amount,
so
I
think
it's
important
to
look
at
this
and
I'm
really
glad
that
you
are
bringing
this
up
now,
but
I
would
say
you
have
to
also
look
at
this
in
terms
of
what
we
have
been
budgeting
and
where
we're
at
now.
So
in
terms
of
that,
28
decrease
I.
Think
what
you
budgeted
for
this
year
is
getting
a
lot
closer
according
to
what
we
brought
in
last
year.
What
you
budgeted
for
this
year
is
much
more
appropriate
and
reflects
this.
A
So
we
missed
the
deadline
to
fix
that
unless
we
do
the
budget
amendment
and
generally,
if
it's
the
expenses
are
over,
we
are
required
to
do
the
budget
amendment.
So
we
do
that,
but
yeah
I
mean
I
just
want
to
yeah,
and
you
have
a
very
good
point:
councilman
O'kelly
that
look
at
the
wild
swings.
You
know
and
I
would
present
these
kind
of
things
to
this
committee
and
the
council
in
the
future.
B
J
Was
budget
that
was
passed
in
2021
had
a
budget
for
pprt
of
1.2
million
okay.
B
Just
want
that
everyone
to
note
that
1.2
million,
but
we
actually
ended
up
with
5.2,
so
that's
significant.
So
when
we
see
that
drop
of
28,
that
is
significant,
but
you
have
to
keep
in
mind
how
much
we
had
been
under
budgeting.
Thank
you
and
then
so
for
we've,
and
so
for
this
year
we
I'm
sorry.
This
year
we
budgeted
how
much
for
23.
B
A
You
again,
the
second
thing
is
on
the
kind
of
pretty
much
same
line,
the
real
estate
transfer
text.
You
see
the
trend
we
have
received
as
low
as
2.6
and
as
the
highest
6.2,
so
like
almost
3.6
million
dollar
difference
between
the
highest
number
and
the
lowest,
so
I
just
want
to
bring
it
up.
Yes,
ultimately,
you
can
have
the
kind
of
some
kind
of
Direction.
And
what
do
you
feel
about
it?
You
know-
and
we
can
kind
of
when
we
get
into
the
October
November.
D
So
I
know
it's
difficult
to
forecast
in
an
environment
like
this.
No
one,
no
one's
saying
it's
not
I
think
it
would
be
very
helpful
for
for
you
and
team
to
go
back
and
say
look:
where
did
we
have
Revenue
variances
over
whatever
number
you
want
to
pick
a
million
dollars
right?
Okay,
there
there
are
lines
and
lines
of
Revenue
that
do
not
matter
right.
They
are
they
are
they
do
not
matter
there.
There
must
be.
You
know,
10
that
are
really
driving
the
huge
variants
and
let's
try
to
understand
as
best
we
can.
D
What
drove
that
variance
and
with
that
understanding,
I
think
we
could
re-look
at
some
of
the
23
numbers
recognizing
there
could
be
risk
right,
but
we're
we're
not
budgeting
for
a
depression
in
the
back
half
of
the
year
right.
We
don't
want
to
be
overly.
We
want
to
be
middle
of
the
road
right,
we'll
be
middle
of
the
road
and
and
between
conservative
and
aggressive
on
what
these
revenues
are,
and
it
just
it
it
does.
I
would
really
want
to
understand
how
are
the
components
of
these
other
taxes
going
from
70
to
56.?
D
It
just
seems
like
a
big
decline
right,
and
so
maybe
we
can
talk
about
that
next
meeting
in
terms
of
what
were
the
you
know,
what
were
the
major
drivers
of
the
overall
Revenue
change
and
how
do
we
just
get?
How
do
we
use
all
the
information
we
can
to
just
be
better
about
that
going
forward
and
I
would
say,
build
that
into
a
revised
budget
as
well.
You
know,
don't
just
do
the
revised
budget
where
we
know
we
need
to
on
the
expense
side.
D
Let's
really,
let's
not,
you
know,
if
we're
really
not
walking
around
with
a
deficit
of
10,
let's
really
understand
where
we
are
right,
maybe
we're
at
five
right
and
or
maybe
maybe
we're
at
12
right,
but
all
this
information
should
be
constantly
updated
to
be
the
best
current
View
and
we
roll
that
into
a
five-year
forecast
going
forward.
So
we
really
know
where
we're
going,
because
you
know
this
financial
planning
is
not
just
the
current
year
budget
or
forecast.
It's
always
what's
going
on
over
a
five-year
period,
And.
A
I
agree
with
you:
I
mean
it's
not
static.
The
numbers
will
change.
One
of
the
big
thing
on
the
expense
side
is
our
contracts.
So,
as
we
did
yeah,
we
will
have
some
idea.
Okay,
what
kind
of
impact
we
have
on
the
expense
Side?
By
that
time
we
would
have
few
months
of
actual
Revenue,
particularly
the
big
one:
sales
tax
income,
tax
home
rule
tax,
because
it's
always
three
months
so
yeah
you
are
absolutely
right.
A
F
Okay
can
I
just
guess
it's
Sherry,
just
two
quick
questions.
The
Surplus
in
2021
was
that
all
used
up.
J
That
that
we
used
it
for
it
was
the
2021
Surplus
is
included
in
these
year-to-date
numbers
for
2022,
and
so
there
were
a
lot
of
things
throughout
2022
that
we
approved
to
use
Surplus
in
order
to
pay
for
at
the
end
of
the
year,
it
looks
like
because
expenses
came
in
a
bit
under
budget.
We
didn't
necessarily
have
to
use
that
Surplus
to
pay
for
those
those
things,
and
so
that's
taken
into
consideration
in
the
estimates
here.
F
And
Mission
the
5
million,
because
we
have
a
deficit
in
the
Insurance
Fund
just
trying
to
weigh
that
versus
the
pension.
Do
we
pay
interest?
Would
we
have
the
deficit
or
what
does
it
cost
us
to
have
a
deficit
in
the
Insurance
Fund.
A
No
I
mean
it
is
the
city's
internal
service,
one.
That
means
it
is
funded
by
the
general
form.
So
basically
yeah
I
mean
it
is
right.
Now,
subsidized
by
general
fund
I
mean
technically
we
can't
carry
the
negative
balance,
but
it
is
a
negative
balance
offset
by
the
general
fund,
positive
balance,
but
there's
no
interest
cost
or
any
other
cost
to
the
city.
B
B
B
I
think
that's
accurate,
but
I
think
we
just
need
to
be
apprised
more
during
Council
when
we
are
spending
beyond
the
budget
amount
and
dipping
into
the
Surplus
and
I
think
that
doesn't
hasn't
always
happened
in
the
past
so
that
we
are,
you
know,
voting
informed
that
we
are
spending
from
Surplus
I.
Think
that's
really
important!
So
I
just
asked
going
forward
that
anytime,
an
expenditure
is
brought
forward.
I,
think
it's
getting
better
so,
but
that
anytime,
we're
asked
to
pass
an
expenditure
at
Council
that
it's
made
really
clear
like
we're.
B
Taking
this
from
the
budget,
I
think
Ms
Biggs
did
a
nice
job
of
that
the
other
night.
When
talking
about
the
animal
shelter,
mentioning
that
there
is
this,
you
know
at
the
25
24
25
million
dollars
in
Surplus
to
bring
that
up.
As
as
we
vote
so
I
just
ask
that
we
really
stick
to
that
that
we're
always
really
clear
about
that
with
Council.
As
we
vote
on
expenditures.
C
J
Just
one
more
I
wanted
to
answer
your
point
too
about
revenues.
If
you
take
a
look
at
the
January
monthly
report
that
we
just
did,
we
we
do
look
forward.
I
know
that's
a
focus
area
of
this
committee
to
do
better
monthly
reporting.
We
did
add
a
section
in
there
for
our
major
general
fund
revenues
on
a
monthly
basis
and
provide
some
more
visibility
into
those.
So
you
can
see
a
month-to-month
snapshot
of
where
each
of
those
major
revenues
stand
monthly.
J
D
Yeah
I
think
this
is
great
work.
There's
lots
of
questions
that
get
raised
as
a
result
of
it
and
that's
all
good
right.
That's
all
good!
Because
I
don't
it
wasn't
as
clear
to
me
before
how
the
years
lined
up
and
it's
much
clearer
now,
which
raises
great
questions
like
look,
how
volatile
this
is
or
why?
Why
did
we
under
budget
this
it?
Just
we
don't
have
the
you
know
the
format,
it's
hard
to
ask
the
question
so
I
think
it's
really
excellent
work.
A
Now
we
chair,
we
have
this
reimbursement
resolution.
I
know
we
needed
the
action,
we
don't
have
the
Quorum,
but
at
least
I
just
wanted
to
bring
up
and
Lara
can
add
something.
At
least
I
would
I
mean
council
members
would
be
there
in
the
next
council
meeting.
We
need
the
action,
because
if
we
don't
take
the
action
you
know
we
keep
on
losing
and
obviously
the
council
approved
the
projects
in
22
and
we
did
not
issue
the
bot
right.
A
A
Out,
okay,
I
mean
my
point:
is
this:
if
this
item
has
been
held
for
a
long
time
like
say
months
and
months,
I
mean
at
some
point:
I
will
run
out
of
my
CIP
cash
and
so
either
I
will
have
to
use
the
my
general
fund,
cash
or
Draw
upon
the
line
of
credit
now
I
hate
to
use
it
like.
As
of
now
today
the
line
of
credit
rate
is
5.8
and
I
hate
to
use
it.
I
would
rely
on
my
journal
phone,
but
yes,
I
mean
even
we
have
like.
A
Eight
million
dollar
idot
builds
outstanding,
so
it
has
reduced
the
fund
balance
because
the
work
is
done,
but
the
cash
is
still
with
us.
So
we
will
draw
upon
that,
but
suddenly
yeah
I
mean,
as
she
works
on
22
projects,
23
projects
which
are
approved
by
the
city
bits
out,
and
you
know
right
moves
forward.
I.
C
B
Council
I
would
propose
that
we
schedule
another
meeting
soon,
not
wait
till
our
next
one
just
to
discuss
this
so
that
we
can
get
a
move
on
so
that
you
have
an
answer.
I
would
propose
chair
Livingston
that
we
schedule
either
next
week
or
the
following
week,
I'm
an
additional
special
finance
and
budget
meeting
to
address
this.
D
D
C
A
B
A
K
I
think
one
of
the
concerns
that
hitesh
has
raised
is
that
if
we
make
a
payment
that
we
said
was
going
to
be
General
obligation
bonds,
but
we
have
not
passed
this
resolution.
We
only
have
60
days
to
pass
the
resolution
after
a
payment
is
made,
and
at
that
point,
if
we
exceed
the
60
days,
the
money
cannot
be
paid
by
the
general
obligation
bonds.
K
K
K
B
But
I
want
to
point
out
also
we
did
have
you
know
it
was
an
additional,
almost
10
million.
That
was
not
disclosed
that
we
weren't
aware
of
when
we
passed
the
budget,
so
we
do
have
10
million
dollar
I'm.
Just
saying
that
was
not.
We
knew
we
had
a
14
point
something
now
we
have
of
24
million
dollar
Surplus,
so
I
think
we
can.
We
can
pass
this,
but
I
think
we
also
have
some
funds
right
now
currently
available.
C
C
B
C
F
C
F
K
K
D
21St,
all
right
so
I
think
the
next
item.
Okay,
the
next
item
is,
is
the
pension
discussion
and
let
me
just
start
this
I
think
I
think
we
have
unanimous
view
that
we
want
to
be
funding
on
a
path
to
100
percent.
I,
don't
have
just
any
seems
like
at
times.
People
think
that
that's
not
what
we
have
consensus.
If
not,
you
know
unanimous
view
on
what
we
are
trying
to
get
to,
though
before
we
do.
D
What
is
our
best
view
on
what
those
contributions
are
by
year
and
there
have
been
some
very
material
events
that
happened
relative
to
any
prior
estimates
that
we
were
given
number
one
would
be,
and
it
looks
like
we
lost
our
our
pension
people
here,
but
you
know
the
police
and
fire
returns
were
were
down
about
15
and
a
half
percent
last
year,
I
assume
fire
police
without
a
15
and
a
half
fire
would
have
been
down
similar.
D
That's
versus
an
assumed
rate
of
return
of
six
and
a
half
so
you're,
actually
off
21
from
where
you
thought
your
asset
levels
would
be.
So
that's
a
big
difference
on
300
million
dollars
worth
of
asset
levels,
at
least
60
million
dollars
there,
and
and
and
then
also
we
have
the
impact
of
the
new
police
and
fire
contracts,
which
mathematically
would
just
increase
the
liability,
because
I
believe
that
those
increases
are
higher
than
the
rate
of
compensation
increases.
D
D
What
is
the
right
mix
of
revenues
to
support
that
between
property
tax
levy
between
pprt
between
you
know?
It
says:
reserves
to
the
degree
we
have
them.
How
comfortable
are
we
in
building
in
here?
How
we're
going
to
fund
what
the
actuarially
determined
recommended
contributions
are
on
that
funding
path,
and
when
are
we
scheduled
to
get
that
information?
The
first
view
on
the
information
back
from
from
Jason
I
think
it
was
within
the
next
month
or
so.
A
Right
so
we
have
received
like
we'd,
get
the
data,
actual
data
from
the
lauterberg
and
lauderberg
who
works
for
the
pension,
so
we
have
provided
the
pension
fund,
data
for
police
and
I
think
we
are
expecting
fire
data,
this
Friday,
so
once
we
get
it,
we
will
share
with
the
faster
and
faster
I.
Don't
know
the
exact
turnaround
time
from
his
side,
Jason's
yeah,
so.
D
B
B
If
you
reduce
it
by
about
30
percent,
what
we
came
in
with
it
would
be
closer
to
3.5,
so
we'll
probably
end
up
with
at
least
three
million
I
I
would
hope
there
would
be
no
resistance
to
directing
staff
to
put
those
funds
are
intended
for
pension
and
for
debt,
so
it
had,
they
haven't,
always
been
used
that
way,
we
put
it
towards
Parks
and
Rec
and
other
things
over
the
years,
not
all
of
it,
but
portions
of
it.
B
D
B
Can't
officially
do
anything,
but
I
would
like
to
consider
anyway.
I
would
just
ask
that
you
consider
the
full
pprt
as
a
payment
to
consider
I
understand.
We
can't
vote
on
anything
along
with
the
continued
90
Levy,
you
know,
and
then
there
will
be
and
I
did
get
those
numbers
from
Jason
at
some
point
and
I
think
it's
going
to
come
out.
B
It
is
going
to
come
in
a
little
bit
higher,
based
on
the
Actuarial
more
to
everything,
all
the
different
numbers
that
come
in
it
will
come
in
a
little
higher
this
year,
but
of
course
we
want
to
continue
to
reduce
that
incredible
obligation
right
now
that
sits
on
our
residents,
shoulders,
which
is
you
know,
just
over
a
quarter
billion
dollars.
Let's
continue,
we
did
it
last
year
for
the
first
time
that
was
historic.
Let's
continue
on
that
that
path
that
to
continue
reducing
it
means
funding
at
100.
B
Now
you
can
have
a
path
where
you
continue
to
leverage
debt
on
our
residents
and
then
all
of
a
sudden.
We
go
down
the
path.
Now
we
have
a
mountain
during
those
last
five
years
to
climb
because
we
chose
not
to
fund
at
100,
so
I
want
to
do.
You
know,
carry
on
in
a
responsible
path
for
the
few
future
of
this
city,
not
just
right
now,
so
we
free
up
funds
so
I.
D
Absolutely
I
don't
think
anyone
is
against
funding
on
a
hundred
percent
and
understanding
what
the
real
path
is,
and
one
one
point:
councilmember
Kelly
that
I
want
to
explore
that
I've
I've
heard
you
say
and
I
want
to
understand,
make
sure
I
understand
what
you
mean
is
that
90
of
the
pension
contribution
should
come
from
a
pension.
Levy
is,
is
that
right,
I.
B
Would
like
to
propose
that
we
look
at
not
tonight,
obviously,
because
we
can't
officially
do
it,
but
look
at
that's
what
we've
pretty
much
been
loving
for
a
good
number
of
years
now,
90
that
we
continue
to
do
that
for
the
next
like
make
a
plan
for
three
years,
so
that
we
can
assess
it
and
I
would
say
loving
at
90
percent,
as
we've
been
doing,
directing
the
full
pprt
payment
towards
that
difference.
B
And
then,
as
you
mentioned,
looking
at
our
excess
Reserve
funds
above
and
beyond,
like
Surplus,
to
make
up
that
difference,
if
necessary.
So
I
think
like
this
year.
Given
that
the
pprt
is
dipping
a
little
bit,
it'll
probably
come
in
at
around
three
we'll.
Probably
we
will
have
to
then
there'll
be
some
amount
that
we'll
probably
have
to
take
from
Surplus.
E
B
D
So
last
budget
season
there
was
a
debate
or
a
desire
to
not
raise
property
taxes
at
all
to
keep
them
flat.
If
the
overall
55
million
that
they've
been
at
for
about
three
years,
are
you
saying
that
if
we
have
numbers
that
we
all
agree
with
and
not
it's
90
percent
of
a
higher
number,
because
25
million
90
of
25
million,
whatever
it
is,
is,
is
is
higher
than
what
our
property
tax
levy
was
last
year?
I
think
it's
higher
by
about
two
and
a
half
million
dollars
so
are
we?
D
B
Yeah
so
I
would
say
yes
that
90
would
go
up.
Well,
we've
been
that's
what
we've
been
at
90.
So
if
that
means
it
goes
up
because
it
will
go
up
somewhat
this
year,
I.
What
I
will
not
do
is
make
a
political
football
out
of
it.
We
don't
say:
should
we
raise
taxes
to
pay
imrf,
so
I
will
refuse
to
talk
about
doing
that.
With
regard
to
our
our
Public
Safety
staff,
we
don't
do
that
either
for
them.
B
So
what
we
do
is
we
Levy
at
90
we
apply
the
full
pen,
we
the
full
pprt.
We
make
up
the
difference
with
Surplus.
Now.
If
we
raise
taxes,
we
might
be
raising
them.
You
know
to
fund
a
really
really
nice
animal
shelter.
We
might
it's
all
fungible
right,
so
I
would
prefer
not
to
make
a
political
football
out
of
the
pensions
of
our
Public
Safety
staff.
The
same
way,
we
don't
do
that
with
imrf.
C
C
Excuse
me
please:
I
would
like
to
get
the
information
from
the
consultant,
and
once
we
have
that
you
know
we
know
we
want
to
climb
the
mountain.
We
don't
have
a
map
and
we
don't
know
where
we
are
once
we
go
through
this
process.
We
will
know
both
of
those
things
and
we
can
plot
a
course,
and
that
course
may
very
well
be
let's
fund
90
of
Our
obligation
through
through
property
taxes
and
the
other
10
percent
from
pprt.
C
B
Point
sure,
but
I
just
want
to
say
I,
do
think
it's
Our
obligation
as
a
finance
and
budget
committee
to
give
staff
that
direction
sooner
than
later
they
have
to
budget.
They
have
to
I
feel
like
it's
already
late
and
I'm
disappointed
in
this
committee
that
we
aren't
already
giving
that
direction.
There's
nothing
wrong
with
giving
that
direction
out.
B
That
is
not
going
to
cause
to
say
that
we're
gonna
We
Levy
90
last
year,
the
year
before
the
year
before
that
we
do
that
again,
but
this
year
one
of
the
differences
is
we're
we're
giving
direction
as
soon
as
possible
to
say
hey
that
pprt,
which
is
going
to
be
around
3
million,
maybe
more
we'll
go
fully
towards
the
pension
like
that,
we
could
do
and
I
feel
like
I'm
a
little
bit
concerned
that
we
keep
kicking.
This
can
down
the
road
as
the
year
progresses.
We
need
to
give
direction
sooner
than
later.
B
If
we're
going
to
actually
have
some
sort
of
impact
on
our
on
our
budget
and
I.
Think
that's
really
important
that
we
do
that
ASAP
just
like!
Hopefully,
you
know
in
the
summer
around
June
we
will
already
get
some
proposals
so
that
we
can
effectively
weigh
in
and
make
sure
that
our
budget
procedure
procedure
is
go
more
smoothly
and
appropriately
so
I
I,
don't
think
we
should
wait
too
much
longer
chair
Livingston
to
give
that
direction.
B
For
this
year
we
can
and
I
would
propose
that
we
we
do
it
for
one
two
or
three
years
so
that
we
can
assess
it,
but
not
just
one
year.
I
would
like
to
see
us
make
a
proposal
for
three
years.
Then
we
can
assess
after
three
years
and
see
if
that
was
the
appropriate
way
to
or
two
years,
if
we
feel
more
comfortable.
D
And
it
will
be
a
key
input
into
this
five-year
model,
that
Clayton
is
building
for
the
forecast
periods
so
and
I
think
we're
all
we're
all
in
agreement.
We're
just
trying
to
understand
more
right.
What
is
the
suggested
contribution
so
then
we
can
say
with
better
Revenue
projections,
what
seems
to
make
sense-
and
it's
not
going
to
take
months
and
months
to
do
that.
We.
This
should
be
something
that
hardly
has
to
get
discussed
in
the
budget
process
next
year,
because
it
will.
B
Have
made
exactly
that
would
be
great
and
I
did
I
mean
I.
Think
I
did
get
that
number
and
I
think
it
is
somewhere
between
one
and
two
million
more
this
year.
So
I
thought
you
would
have
had
that
too,
but
Mr
Black
I
know
you
provided
fire
with
the
number
of
11.793
million
I.
Think
for
23.
The
projected
contribution
of
my
like
I'm
just
wondering
what
percent
that
I
think
I.
F
J
Approach
in
23,
as
approved
by
Council
for
both
police
and
fire,
was
funding
90
with
the
property
tax
levy.
F
I
B
Okay,
thank
you,
so
that
was
for
22.
and
I.
Just
have
a
question
on
payments
when
we
like,
when
we
do
actually
make
those
contributions.
Those
are
generally
made
so
like
the
20
for
22
those
are
made
or
23
around.
It
can
go
into
like
February
March
right
so
before
we
finalize.
J
Those
our
transfers
to
the
pension
fund,
so
historically
we've
we've
only
made
those
transfers
I
believe
twice
a
year
aligning
with
cook
County's.
Excuse
me
the
the
pension
pprt,
those
small
amounts
we
front
load.
We
make
sure
the
Pension
funds
get
their
pprt
at
the
beginning
of
the
year,
but
the
transfer
of
the
Pension
funds
happen
after
we
receive
that
revenue
from
Cook
County
this
year
was
different
because
we
had
added
on
the
additional
excess
reserves
and
we've
made
those
transfers
I
believe
attached
right.
D
A
I
mean
this
was
a
referral
I
think
by
the
council
member
Reed,
and
we
kind
of
included
that.
Obviously,
when
you
look
at
the
monthly
financials,
there
were
audit
reports
and
all
that
you
would
see
those
numbers
there,
but
we
just
put
out
the
numbers
to
have
a
kind
of
a
in
the
referral.
It
says:
yeah
provide
the
five-year
data
for
this
one,
so
we
have
provided
22
of
the
unaudited
numbers
pretty
close
to
what
would
we
end
up?
Might
but
again
yeah
it's
unaudited
so
but
yeah.
A
A
I
mean
550
is
a
new,
the
two
tips
which
are
supposed
to
expire,
the
kind
of
West,
Evanston
and
Harvard
region.
Next,
five
to
six
years,
27
and
28.
C
A
Mean
they
are
that's
why
we
included
like
if
you
see
the
pattern
I
mean.
Obviously,
when
I
talked
to
Lara
Dale
strombeck
about
the
Public
Works
projects,
you
know
sidewalks
streets,
curbs
water,
sewer
projects,
I
mean
they
have
plenty
of
yeah.
If
they
say
that
if
you
have
a
excess
funds,
we
can
use
it,
and
so
that
way
you
know
it
would
kind
of
take
away
the
burden
on
the
water
sewer
front
or
the
CIP
fund.
So
we
have
to
issue
the
less
debt,
so
we
try
to.
So.
A
If
you
look
at
some
of
those
things,
you
would
see
substantial
expenses.
You
know,
but
sometimes
timing,
that,
depending
on
the
timing,
one
year
could
be
a
lot
more
expense.
Second
year
could
be
a
little
less,
but
that's
why
we
put
out
the
revenue
expense,
the
operating
Surplus,
whether
it's
a
deficit
or
the
positive
number,
and
then
the
final
fund
balance.
But
yes,
I
mean
again
I.
A
A
A
Would
have
expected
right,
so
you
you
would
see
that
Howard
region
with
Stevenson
suddenly
jumped
you
know
in
one
year
after
this
new
assessment,
I
think
that
happened
with
this
new
assessor
three
years
back,
so
you
would
see
yeah
substantially
like
look
at
the
2020.
A
C
A
I
got
the
latest
numbers
two
months
back
for
2021.
The
thief
has
lost
almost
9
million
in
eav.
Again,
hopefully
it
comes
back
in
22
numbers
when
it
comes
out
later
this
year,
but
yeah
it's
now.
One
thing
we
have
to
remember
it's
a
good
thing
when
we
have
better
numbers
in
tiv
the
bad
thing
is
it
takes
away
your
eav
from
the
general
Texas,
because
now
it's
dedicated
only
for
that
area,
so.
A
Okay,
got
it,
I
mean
only
150
or
40.
000
was
a
yeah
incremental,
but
the
others
is
a
bond.
B
E
A
A
B
B
A
B
A
J
Our
website
for
the
Tiff
districts
definitely
has
it
on
there
somewhere,
but
we
do
have
a
map
on
there.
That
has
the
expiration
dates
for
each
of
the
tiffs.
So
you
can
just
take
that
minus
the
life
of
a
tiff
which
is
20
23,
so,
for
instance,
Howard
Ridge
expires
in
2026,
so
it
would
have
been
started
in
20,
yeah,
2003
2003..
It's.