TRANSMITTAL LETTER FOR SPECIAL MEETING OF NOVEMBER 3, 2016
COMMITTEE ON BUDGET AND EMPLOYMENT
Mr. David St. Pierre, Executive Director
Title
Authority to Accept the Executive Director’s 2017 Budget Recommendations and the Attached Changes
Body
Dear Sir:
The attached changes to the Executive Director’s 2017 Budget Recommendations (BF-19 budget forms) are submitted for your consideration during the Committee on Budget and Employment Special Meeting beginning on November 3, 2016. The requested net changes to appropriations are summarized below:
FUND DEPARTMENT NET CHANGE
CORPORATE General Administration $0
Monitoring & Research 0
Engineering 0
Maintenance & Operations 0
TOTAL CORPORATE FUND $0
CONSTRUCTION $597,500
CAPITAL IMPROVEMENTS BOND $0
The total appropriation request for the 2017 Budget is $1,132,429,875, an increase of $597,500 from the initial appropriation request of $1,131,832,375. Compared to the 2016 total adjusted appropriation of $1,244,135,730, this is a decrease of $111,705,855, or 9.0 percent.
The estimated total tax levy for the 2017 Budget is $595,027,331, unchanged from the initial budget request. Compared to the 2016 total adjusted levy of $577,561,630, this is an increase of $17,465,701, or 3.0 percent.
The total appropriation request for the Corporate Fund is $367,062,000, unchanged from the initial budget request. The net zero change in appropriation is due to changes in the project schedule and cost estimates.
The total appropriation request for the Construction Fund is $34,450,400, an increase of $597,500 from the initial budget request of $33,852,900. The change in appropriation is due to changes in the project schedule and cost estimates. Compared to the 2016 adjusted appropriation of $36,614,400, this is a decrease of $2,164,000, or 5.9 percent.
The total appropriation request for the Capital Improvements Bond Fund is $348,037,200, unchanged from the initial budget request. The net zero change in appropriation is due to changes in the project schedule and cost estimates.
Revised budget pages 16 and 42-43 include a revision to the 2016 Adjusted Levy for the Bond Redemption & Interest Fund to better reflect the year-to-year comparisons prior to and after the anticipated Stormwater Alternative Revenue Abatements and a change in the appropriation for the Construction Fund with no changes to the estimated tax rates.
Revised budget page 52 summarizes the appropriations and reflects all proposed changes for the 2017 Budget.
Revised budget pages 74-75 present a detailed summary of revenues and expenditures for all funds for 2017, as budgeted, and 2016, as estimated. The budget pages were revised to reflect a Tax Increment Financing surplus declared by the City of Chicago with an approximate impact to the District of $10.5 million.
Revised budget pages 85-86 present estimated balance sheets and appropriable revenue for the Corporate Fund to reflect the aforementioned Tax Increment Financing surplus.
Revised budget page 92 presents estimated balance sheets for the Construction Fund due to changes in the project schedule.
Revised position analysis pages for three departments in the Corporate Fund reflect the following changes:
General Administration: Section 067 on page 133 shows the implementation of a crosshatch #2 on one Management Analyst II #2 to one Budget & Management Analyst, Section 083 on page 133 shows the addition of one Police Officer, Section 085 on page 134 shows the addition of a crosshatch #1 to one Police Officer, and Section 072 on page 135 shows the drop of one Administrative Specialist.
Monitoring & Research: Section 165 on page 161 shows the title change of one Instrumentation Chemist IV to one Supervising Instrumentation Chemist and the title change of two Instrumentation Chemist IIIs to two Senior Instrumentation Chemists.
Engineering: Section 515 on page 334 shows the transfer in of one Assistant Civil Engineer from Section 556 and the transfer out of one Engineering Technician III to Section 556, Section 556 on page 338 shows the transfer out of one Assistant Civil Engineer to Section 515, and Section 556 on page 339 shows the transfer in of one Engineering Technician III from Section 515.
Revised budget pages 353-354 and 417-418 provide an updated list of capital projects for the Construction Fund and the Capital Improvements Bond Fund.
BF-19 budget forms, pages 1 through 11, detail all requested changes in appropriation and staffing. Revised “Pink Pages” 30-32, 35, and 44-45 reflect the BF-19 staffing changes.
Requested, Eileen M. McElligott, Administrative Services Manager, SAR:SKL
Respectfully Submitted, Kari K. Steele, Chairman Committee on Budget and Employment
Disposition of this agenda item will be documented in the official Special Board Meeting Minutes of the Board of Commissioners for November 3, 2016
Attachments
Revised budget pages 16, 42-43, 52, 74-75, 85-86, 92, 133-135, 161, 334, 338-339, 353-354, and 417-418, dated October 26, 2016
BF-19 budget forms, pages 1-11, dated October 26, 2016
Revised “Pink Pages” 30-32, 35, and 44-45, dated October 26, 2016