SLIDE 11 Revenue 2018 Actual 2019 Budget 2019 Forecast as of 6-25-19 Proposed 2020 Budget Change from 2019 Budget to 2020 Budget
Property Taxes
33,964,274.67 $
34,674,704 34,688,348 33,749,886
(924,818)
Sales Tax
16,929,250.55 $
17,170,000 16,194,000 16,541,000
(629,000)
Sales Tax- RTA
547,086.19 $
548,000 539,000 550,000
2,000
Income Tax
5,766,266.49 $
5,650,000 5,875,000 5,930,000
280,000
Local Use Tax
1,716,222.13 $
1,750,000 1,890,000 1,970,000
220,000
Personal Property ReplaceTax
1,507,707.57 $
1,340,000 1,400,000 1,425,000
85,000
TIF Distribution Tax
43,498.17 $
10,000 8,860 10,000
25,815.42 $
36,000 50,000 50,000
14,000
Indemnity Fees
47,300.00 $
40,000 45,000 45,000
5,000
Forest Preserve Reimbursement
64,132.41 $
64,164 64,164 65,225
1,061
Miscellaneous Reimbursement
8,751.02 $
721,636.58 $
932,000 1,139,000 1,087,000
155,000
Rental Income
81,846.92 $
46,847 46,847
Auction Sales
32,176.49 $
5,000 5,000 5,000
800.37 $
23,510.79 $
23,998 23,998 24,558
560
Miscellaneous Other
4,482.33 $
- 2,375
- Transfer From Other Funds
503,249.00 $
14,400 14,400 14,400
- Transfer from Special Reserve
297,000.00 $
297,000
Transfer From Property Tax Freeze
600,000.00 $
2,038,480 2,038,480
Total 62,886,916.61 $ 64,343,593 64,046,517 61,764,069 (2,579,524)
Kane County, Illinois 2020 General Fund General Revenue Proposed Budget Summary
