File #: 17-0045    Version: 1 Name: ORDINANCE FOR THE LEVY OF TAXES FOR THE YEAR 2017
Type: Ordinance Status: Approved
File created: 1/20/2017 In control: FPD Board of Commissioners
On agenda: 2/7/2017 Final action: 2/7/2017
Title: PROPOSED ORDINANCE ORDINANCE FOR THE LEVY OF TAXES FOR THE YEAR 2017 BE IT ORDAINED by the Board of Commissioners of the Forest Preserve District of Cook County: Section 1. That this Ordinance is and the same is hereby termed the "Ordinance for the Levy of Taxes for the Year 2017." Section 2. That the Committee on Finance of the Board of Commissioners of the Forest Preserve District of Cook County Illinois has considered the subject of the Annual Tax Levy for the year 2017 and the several sums necessary to be levied to meet the needs and requirements of the Forest Preserve District of Cook County for said year and has recommended that this ordinance for the levy of taxes be adopted. Section 3. That the Commissioners of the Forest Preserve District of Cook County, heretofore having approved and adopted the Annual Appropriation Ordinance for the Forest Preserve District of Cook County for the year commencing January 1, 2017 at its meeting held December 13, 2016, which ordinance w...
Sponsors: TONI PRECKWINKLE (President)

title

PROPOSED ORDINANCE

 

ORDINANCE FOR THE LEVY OF TAXES FOR THE YEAR 2017

 

 BE IT ORDAINED by the Board of Commissioners of the Forest Preserve District of Cook County:

 

Section 1.  That this Ordinance is and the same is hereby termed the “Ordinance for the Levy of Taxes for the Year 2017.”

 

Section 2. That the Committee on Finance of the Board of Commissioners of the Forest Preserve District of Cook County Illinois has considered the subject of the Annual Tax Levy for the year 2017 and the several sums necessary to be levied to meet the needs and requirements of the Forest Preserve District of Cook County for said year and has recommended that this ordinance for the levy of taxes be adopted.

 

Section 3.  That the Commissioners of the Forest Preserve District of Cook County, heretofore having approved and adopted the Annual Appropriation Ordinance for the Forest Preserve District of Cook County for the year commencing January 1, 2017 at its meeting held December 13, 2016, which ordinance was published by authority of said Board as provided by law and which portion of said Appropriation Ordinance pertaining to Fund and Departmental Appropriations (together with marginal columns captioned “ Payable from the Tax Levy” and “Payable from sources other than the Tax Levy” where applicable) is set forth hereinafter.

 

Section 4.  That the sum of Ninety One Million, Three Hundred Eighty Eight Thousand, Four Hundred Twenty Dollars and No Cents ($91,388,420), being the sum of Appropriations heretofore legally made which are to be paid from the collection of the Annual Tax Levy of the Forest Preserve District of Cook County, Illinois for the Levy Year 2017 A.D. for the corporate purposes, for self-insurance, for the construction of improvements and development of the forests and lands, for real estate acquisition, for payment for principal and interest on bonded debt, for payment for contributions to Employees’ Annuity and Benefit Fund, and for the payment of amounts to the Chicago Zoological Society and the Chicago Horticultural Society, all as adopted by the Board of Commissioners of the Forest Preserve District of Cook County at its meeting held December 13, 2016 and published by the authority of said Board according to law, is hereby levied on all the taxable property within said Forest Preserve District of Cook County, Illinois for the Levy Year 2017 being composed of the specific amounts for the various purposes herein before named.

 

Forest Preserve District of Cook County, Illinois

 

ANNUAL TAX LEVY ORDINANCE

FOR THE YEAR COMMENCING JANUARY 1, 2017

 

SUMMARY OF APPROPRIATIONS AND SOURCES THEREOF

ALL FUNDS

                                                                                                                              

 

Section 5.  This ordinance shall be in full force and effect from and after its passage and approval.

 

 

 

 

 

Payable From

 

Amount of

Payable From

Sources Other

 

Appropriation

the Tax Levy

Than Tax Levy

Corporate

61,455,389

49,812,175

11,643,214

Self-Insurance

7,000,000

0

7,000,000

Const. & Development

3,665,625

3,750,000

(84,375)

Bond & Interest

15,848,198

11,850,948

3,997,250

Bond & Interest Abatement

(1,500,000)

(1,500,000)

0

Empl. Annuity & Benefit

3,602,960

3,242,300

360,660

Zoological

70,041,766

14,884,927

55,156,839

Botanic Garden

36,257,319

9,348,070

26,909,249

Total

196,371,257

91,388,420

104,982,837

 

                     

                     Effective date:  This ordinance shall be in effect immediately upon adoption.end