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File #: 21-0107    Version: 1 Name: Ordinance for the Levy of Taxes for the Year 2021
Type: Ordinance Status: Approved
File created: 12/29/2020 In control: Finance Committee
On agenda: 1/26/2021 Final action: 2/24/2021
Title: PROPOSED ORDINANCE ORDINANCE FOR THE LEVY OF TAXES FOR THE YEAR 2021 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 2021." 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 2021 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, 2021 at its meeting held November 17, 2020, which ordinance w...
Sponsors: TONI PRECKWINKLE (President), LUIS ARROYO JR., SCOTT R. BRITTON, JOHN P. DALEY, BRIDGET DEGNEN, BILL LOWRY, DONNA MILLER, STANLEY MOORE, KEVIN B. MORRISON, SEAN M. MORRISON, PETER N. SILVESTRI, DEBORAH SIMS, LARRY SUFFREDIN, FRANK J. AGUILAR, ALMA E. ANAYA, DENNIS DEER, BRIDGET GAINER, BRANDON JOHNSON
Related files: 20-0389

title

PROPOSED ORDINANCE

 

Ordinance for the Levy of Taxes for the Year 2021

 

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 2021.”

 

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 2021 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, 2021 at its meeting held November 17, 2020, 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 One Hundred Million, Ninety Six Thousand, Two Hundred and Eighty Six Dollars and No Cents ($100,096,286), 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 2021 A.D. for the corporate purposes, for the construction of improvements and development of the forests and lands, 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 November 17, 2020 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 2021 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, 2021

 

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.

 

Fund                     Amount                     Payable From                     Payable From

                     of Appropriation                     The Tax Levy                     Sources Other Than

                                                               The Tax Levy

Corporate                     62,227,109                     53,545,686                     8,681,423

Self-Insurance                     12,040,000                     0                     12,040,000

Const. & Development                     6,790,000                     7,000,000                     -210,000

Bond & Interest                     16,780,219                     12,784,219                     3,996,000

Employee Annuity & Benefit                     3,926,419                     3,533,384                     393,035

Real Estate Acquisition                     5,350,000                     0                     5,350,000

Capital Improvement                     3,500,000                     0                     3,500,000

Resident Watchmen                     223,000                     0                     223,000

Chicago Zoological                     14,389,505                     14,284,927                     104,578

Chicago Horticultural                     8,932,778                     8,948,070                     -15,292

Total                     $134,159,030                      $100,096,286                      $34,062,744

 

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

end