2025-77 An Ordinance Levying Property Taxes for the City of Decatur, Illinois for the Purpose of Raising Revenue to Meet Certain Necessary Expenses of the City for the Fiscal Year Beginning January 1, 2026, and Ending December 31, 2026, and Fixing

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LETTER to the DECATUR CITY COUNCIL Finance Department DATE: November 24, 2025 TO: Honorable Mayor Moore Wolfe and City Council Members FROM: Melissa Hon, Interim City Manager Gregg D. Zientara, City Treasurer& Interim Finance Officer SUBJECT: Property Tax Levy for Assessed Year 2025 Pay Tax Year 2026 SUMMARY RECOMMENDATION: It is recommended that the City Council approve the attached series of Ordinances, which set the property tax levy for the City of Decatur for assessed value year 2025 pay tax year 2026 and abate certain of the general obligation bond debt service payments, whereby such abatement will exclude said debt service payment from inclusion and extension in the property tax levy. The 2025 property tax levy presented herewith for adoption by council is a "flat property tax levy" to the 2024 property tax levy. Such is in accordance with council desires as included in the 2026 budget adopted by the City Council on November 17, 2025. $ (whole) Tax levy Tax Abatement(s) Tax Levy After Abatement(s) 2025 Tax Levy 27,911,083.76 11,180,669.76 16,730,414.00 2024 Tax Levy extended 28,004,691.52 11,274,277.26 16,730,414.26 2025 vs. 2024 (93,607.76) (93,607.50) (0.26) The 2025 property tax levy presented herewith for council adoption and the 2025 projected assessed value to be determined by the Macon County Assessor with certification by the Illinois Department of Revenue, will yield a city property tax rate of $1.39607 per $100 of assessed value. This would represent a reduction in the city property tax rate versus the prior year city property tax rate of"ten cents" per$100 of assessed value. POTENTIAL OBJECTION: There are no known objections to this ordinance request. INPUT FROM OTHER SOURCES: No input from other sources. STAFF REFERENCES: Melissa Hon, Interim City Manager Gregg D. Zientara, City Treasurer& Interim Finance Officer BUDGET/TIME IMPLICATIONS: Upon adoption of the City property tax levy and tax abatement ordinance(s), the City Clerk will file a certified copy of all ordinances with the Macon County Clerk prior to December 16, 2025, in accordance with State Statute.