City of Springfield, Illinois

James O. Langfelder - Mayor

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Budget Impacts

Corporate Fund Overview

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The City of Springfield’s fiscal year runs March 1 – February 28. The 2017 Fiscal Year, that concluded February 28, 2017, reflected the first revenue downturn since the Great Recession. The City saw a drop in revenue of nearly $2M. Consumer spending and lack of a state budget affected the 2017 revenues. As a comparison, FY 2016 revenues were $118M while FY 2017 revenues were $116M.

As a reminder, Corporate Fund encompasses the Police and Fire Departments, Public Works, Lincoln Library, Human Resources, Office of Budget & Management, Office of the Mayor, City Clerk, City Treasurer and Council Coordinator's Office. Other funds are dedicated for other departments and cannot be used to subsidize the Corporate Fund.


   Comparable Property Tax – City Tax on $150,000 Home

   Springfield & Comparables Share of Total Property Tax Bill

   Total Property Tax Bill- Overlapping Tax Districts

Description

Springfield

Bloomington

Champaign

Decatur

Normal

Peoria

Urbana

City/Town Rate * $0.94 $1.34 $1.32 $1.65 $1.41 $1.55 $1.36
School District $5.18 $5.14 $4.56 $4.86 $5.01 $5.28 $5.92
County $0.75 $0.91 $0.85 $1.20 $0.91 $0.82 $0.85
Community College $0.50 $0.59 $0.54 $0.55 $0.55 $0.49 $0.54
Township $0.09 $0.12 $0.05 $0.35 $0.23 $0.15 $0.20
Sanitary District $0.10 $0.00 $0.00 $0.37 $0.00 $0.00 $0.00
Park District $0.49 $0.00 $0.71 $1.15 $0.00 $0.83 $1.21
Mass Transit $0.12 $0.00 $0.32 $0.00 $0.00 $0.23 $0.32
Health District $0.00 $0.00 $0.13 $0.25 $0.00 $0.00 $0.13
Airport $0.10 $0.12 $0.00 $0.00 $0.12 $0.22 $0.00
Auditorium $0.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Water Reclamation $0.00 $0.18 $0.00 $0.00 $0.18 $0.00 $0.00
Conservation $0.00 $0.00 $0.00 $0.11 $0.00 $0.00 $0.00
Cooperative Extension $0.00 $0.00 $0.00 $0.11 $0.00 $0.00 $0.00
Mosquito Abatement $0.00 $0.00 $0.00 $0.04 $0.00 $0.00 $0.00
Forest Preserve $0.00 $0.00 $0.09 $0.00 $0.00 $0.00 $0.09
2016 Total Tax Rate per $100 EAV $8.34 $8.40 $8.57 $10.57 $8.42 $9.57 $10.62
*- includes library rate which in some cases are a separate taxing district

   City Property Tax Levy Expense Comparison

The FY19 levy is $620k short of covering the Fire & Police required payments necessitating use of other revenue.

   Employee Reduction

Corporate Fund Positions
FY 2006 – 887
FY 2018 - 727
1413 Employees as of 11/17/17

   Police & Fire Corporate Budget