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Financial Management <br /> DATE: 12/15/2022 <br /> MEMO: <br /> TO: Mayor Julie Moore Wolfe&Decatur City Council Members <br /> FROM: Scot Wrighton,City Manager <br /> Gregg Zientara,CFO&City Treasurer <br /> SUBJECT: An Ordinance Levying Property Taxes for the City of Decatur,Illinois for the Purpose of Raising Revenue to <br /> Meet Certain Necessary Expenses of the City for the Fiscal Year Beginning January 1,2023,and Ending December 31,2023. <br /> SUMMARY RECOMMENDATION: It is recommended that the tax levy ordinance be adopted. For more extensive details, <br /> see attached memo from Gregg Zientara. <br /> BACKGROUND: <br /> The proposed tax levy ordinance,to be used for property taxes due and payable in July and September of 2023,has been <br /> compiled in accordance with council's instructions,given earlier this Fall when property taxes were last discussed. <br /> For the third year in a row the property tax levy will require that the city's General Fund budget further subsidize rising public <br /> safety pension costs from other(non-property tax)General Fund revenues. This is not sustainable in the long-term,and it is why <br /> staff has sought to make structural changes in public safety collective bargaining agreements(restructuring selected work <br /> assignments so that some of it can be performed by persons not covered by fire and police pensions,reduce the number of <br /> persons covered by public safety pensions through use of more efficient staffing methods,and alter compensation arrangements <br /> so that a portion of compensation provided by the city is not included in the pensionable base). Two of the city's three labor <br /> unions have cooperated with,and worked with,the city to make some of these structural changes,but it still take years for the <br /> changes to impact growth rates in public safety pension obligations. <br /> ATTACHMENTS: <br /> Description Type <br /> Council letter Cover Mcino <br /> Ordinance Cover Memo <br />