On the agenda: Geneva meeting — Data Center (Feb 9)
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1
NOTICE OF SPECIAL MEETING
OF THE COMMITTEE OF THE WHOLE OF THE CITY OF GENEVA
AGENDA
NOTICE IS HEREBY GIVEN that the Committee of the Whole of the City of Geneva shall
conduct a special meeting on Monday, February 9, 2026 at 7pm. The special meeting will be held
at City Hall Council Chamber, 109 James Street, Geneva, Illinois for the purpose of the following
items:
1.
Call to Order
2.
Continued Discussion on Recommended FY 2027 Budget and FY 2028 Budget Projections
3.
Public Comment
4.
New Business
5.
Adjournment
All interested persons are invited to attend the Committee of the Whole special meeting.
This notice has been posted at City Hall
City of Geneva, 22 South First Street,
Geneva, Illinois on February 5, 2026
and has been tendered to members of
the media requesting notices of public
meetings.
_______________________________
City Clerk
2
AGENDA ITEM EXECUTIVE SUMMARY
Agenda Item:
Presentation of Proposed FY 2027 Budget
Presenter & Title:
Alex Voigt, City Administrator/Budget Officer
Jennifer Milewski, Finance Director
Date:
February 2, 2026
Please Check Appropriate Box:
☒ Committee of the Whole Meeting
☐ City Council Meeting
☐ Public Hearing
☐ Special Committee of the Whole Meeting
☐ Special City Council Meeting
☐ Other -
Associated Strategic Plan Goal/Objective: Strategic Plan 2030
Estimated Cost: $120,874,936
Budgeted?
☒ Yes
☐ No
If “Other Funding,” please explain how the item will be funded:
Other
Funding?
☐ Yes
☒ No
Executive Summary:
The purpose of this presentation is to provide a high-level overview of the City's proposed budget
for FY 2027 and provide a forecast for FY 2028. The proposed budget reflects the hard work and
dedication of the City’s professional staff and aligns with the City’s strategic plan goals as
prioritized by the City Council during their Strategic Planning Workshop held last November. City
Administrator/Budget Officer Voigt and Finance Director Milewski will provide an overview of
the direction being set with these budgetary allocations.
The City’s proposed budget is available in an online, interactive format, with a summary included
in the agenda packet. Links will be provided for access to the full budget and separate PDF
versions of the operating and Capital Improvement budgets. Because of the size of these
documents, downloading them for offline review may provide a better viewing experience.
The public hearing notice will be published on February 4, 2026 in the Suburban Chronicle with
the public hearing scheduled for February 17, 2026.
Attachments: (please list)
• Budget Summary
Recommendation:
Presentation/no action.
3
GENEVA, ILLINOIS
PROPOSED
BUDGET &
FINANCIAL
PLAN
MAY 1, 2026
THROUGH
APRIL 30, 2027
Fiscal Year
2027
geneva.il.us
4
TABLE OF CONTENTS
Introduction
Acknowledgement
3
4
Organizational Structure
5
GFOA Distinguished Budget Award
8
Financial
Budget Calendar
10
11
Financial Structure
13
Typical Tax Bill
18
Budget Summary
19
Total By Fund
28
Capital Improvement Plan
38
One Year Plan
39
Multi-Year Plan
41
CIP by Account
43
Supplemental Information
Full-Time Employee Census
Classification & Compensation Plan
Appendix
Acronyms & Glossary
48
49
51
54
55
Introduction
Table of Contents
5
Fiscal Year 2027 Proposed
& 2028 Forecasted
Annual Budget
For the fiscal year beginning May 1, 2026
Mayor
Kevin R. Burns
City Council
Anaïs Bowring
William Malecki
Brad Kosirog
Richard Marks
Larry Furnish
Dean Kilburg
Amy Mayer
Martha Paschke
Jeff Palmquist
Mark Reinecke
City of Geneva | Fiscal Year 2027
Page 3
Acknowledgement
Table of Contents
6
Acknowledgement
This document was prepared by a dedicated team of City staff members who worked collaboratively with professionalism, pride, and
commitment to produce a meaningful and useful budget document for the benefit of the residents, business community, and the City of
Geneva organization.
The following individuals are recognized for their significant contributions to the budget development process:
Alex Voigt, City Administrator
Ben McCready, Asst. City Administrator/Director of Administrative Services
Jennifer Milewski, Finance Director
Heather Collins-Mittman, Accounting Supervisor
Michael DeGrace, Administrative Analyst
The City also acknowledges the cooperation and support of the Senior Management Team and departmental staff, whose efforts and
input were instrumental in the preparation of this budget.
City of Geneva
22 S. 1st Street
Geneva, IL 60134
(630) 232-7494
www.geneva.il.us
City of Geneva | Fiscal Year 2027
Page 4
Organizational Structure
Table of Contents
7
Organizational Chart
City of Geneva
Citizens of Geneva
City Clerk
Mayor & City Council
City Treasurer
City Administrator's Office
Administrative Services
Community Development
Economic Development
Finance
Fire
Police
Public Works
City of Geneva | Fiscal Year 2027
Page 5
Organizational Structure
Table of Contents
8
Governing Body
Mayor
Kevin Burns
Term Expires 2029
Ward 1
Ward 1
Anaïs Bowring
William Malecki
Term Expires 2027
Term Expires 2029
Ward 2
Ward 2
Brad Kosirog
Richard Marks
Term Expires 2027
Term Expires 2029
Ward 3
Ward 3
Larry Furnish
Dean Kilburg
Term Expires 2029
Term Expires 2027
Ward 4
Ward 4
Amy Mayer
Martha Paschke
Term Expires 2029
Term Expires 2027
Ward 5
Ward 5
Jeff Palmquist
Mark Reinecke
Term Expires 2029
Term Expires 2027
City of Geneva | Fiscal Year 2027
Page 6
Organizational Structure
Table of Contents
9
City Clerk and City Treasurer
City Clerk
City Treasurer
Vicki Kellick
Emily Rosen
Term Expires 2029
Term Expires 2029
City of Geneva | Fiscal Year 2027
Page 7
GFOA Distinguished Budget Award
Table of Contents
10
GFOA Distinguished Budget Award
Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award
to the City of Geneva, Illinois, for its Annual Budget for the fiscal year beginning May 1, 2025. In order to receive this award, a governmental
unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as
a communications device.
This award is valid for a period of one year. We believe the current budget continues to conform to program requirements, and will be
submitting this budget to GFOA to determine its eligibility for another award.
City of Geneva | Fiscal Year 2027
Page 8
GFOA Distinguished Budget Award
Table of Contents
11
City of Geneva | Fiscal Year 2027
Page 9
Financial
Table of Contents
12
Financial
City of Geneva | Fiscal Year 2027
Page 10
Budget Calendar
Table of Contents
13
Budget Calendar
FY 2026-27 Budget Timeline
August 2025
Budget Schedule & Standards Released to
Department Heads
September 2025
Computer & Personnel Request Forms Due
Receive Estimated Property Tax from Kane County
October 2025
SSA Meeting
Capital & Special Project Request Forms Due
November 2025
Official Budget Kick-off during Strategic Plan
Workshop
Acceptance of FY2025 ACFR
Recommend Approval of Est. Property Tax Levy
Budget Meetings for All Departments and Divisions
December 2025
Finalize Draft Budget
Final Property Tax Levy to City Council
Last Month to File Tax Levy with County
Mission Statement, Goals/Objectives,
Organizational Charts Due
February 2026
City of Geneva | Fiscal Year 2027
Page 11
Budget Calendar
Table of Contents
14
Present and Review Draft Budget with City Council
Revisions to the Budget as Directed by City Council
Follow-up Meetings with Department Heads as
Needed
Public Hearing for FY 2026-27 Budget
Approval of Resolution Adopting the FY 2026-27
Budget
City of Geneva | Fiscal Year 2027
Page 12
Financial Structure
Table of Contents
15
Financial Structure
City of Geneva
FY 2026-27 Budget
$120,874,936
Governmental Funds
Proprietary Funds
Fiduciary Funds
$43,622,760
$72,954,541
$4,297,635
General
Special
Capital Projects
Internal Service
Trust and Agency
Fund
Revenue Funds
Funds
Enterprise Funds
Funds
Funds
$25,262,995
$3,687,120
$14,672,645
$72,090,193
$864,348
$4,297,635
Basis of Presentation
In determining the agencies or entities which comprise the City for financial reporting purposes, the criteria of oversight responsibility over
such agencies or entities, special financing relationships, and scope of public service provided by the agencies or entities are used.
Oversight responsibility is determined by the extent of financial interdependency, control over the selection of the governing authority and
management, ability to significantly influence operations and accountability for fiscal matters.
The City’s accounts are organized on the basis of funds, each of which is considered to be a separate accounting entity. The operations of
each fund are accounted for by providing a separate set of self-balancing accounts comprised of assets, liabilities, equities, revenues, and
expenditures. All SSA funds are grouped into one fund on the financial statements. Strategic Plan Advisory Committee and Beautification
funds are rolled into the General fund for financial statement reporting purposes.
Fund Structure
The City’s financial structure is composed of three primary fund types—Governmental Funds, Proprietary Funds, and Fiduciary Funds—as
defined by generally accepted accounting principles (GAAP). These fund categories are used to segregate financial resources based on
the nature of the activities they support and the legal or operational requirements governing their use, providing a clear framework for
financial accountability and reporting.
City of Geneva | Fiscal Year 2027
Page 13
Financial Structure
Table of Contents
16
Governmental Funds
Governmental Funds are used to account for activities primarily supported by taxes, intergovernmental revenues, and other non–exchange
revenues. These funds report the acquisition, use, and balances of the City’s expendable financial resources, along with the related
liabilities, except for those accounted for in Proprietary Funds.
The General Fund is the primary operating fund of the City. It is used to account for all financial resources traditionally associated with
governmental operations that are not required to be accounted for in another fund.
Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally or administratively restricted to
expenditures for particular purposes. The City’s Special Revenue Funds include:
Motor Fuel Tax
Strategic Plan Advisory Committee (SPAC)
Beautification Committee
Hotel Operators Occupation Tax
American Rescue Plan Act (ARPA)
Restricted Police Fines
Public, Educational, and Government Access (PEG) Television
Geneva Community Mental Health Board
Foreign Fire Insurance
Special Service Area (SSA) Funds, a subset of Special Revenue Funds, are used to account for services provided within designated
geographic areas and financed by a special property tax levy within those areas. The City’s SSA Funds include:
Special Service Area #1
Special Service Area #4 (Randall Square)
Special Service Area #5 (Williamsburg)
Special Service Area #7 (Blackberry)
Special Service Area #9 (Geneva Knolls)
Special Service Area #11 (Eagle Brook)
Special Service Area #16 (Fisher Farms)
Special Service Area #18 (Wildwood)
Special Service Area #23 (Sunset Meadows)
Special Service Area #26 (Westhaven)
Special Service Area #32 (On Brentwood’s Pond)
Capital Projects Funds are used to account for financial resources restricted, committed, or assigned for the acquisition or construction of
major capital facilities and infrastructure, other than those financed through Proprietary Funds or Fiduciary Funds.
The City’s Capital Projects Funds include:
General Capital Projects
Infrastructure Capital Projects
Prairie Green
Tax Increment Financing District #2 (TIF #2)
Tax Increment Financing District #3 (TIF #3)
Tax Increment Financing District #4 (TIF #4)
Capital Equipment
The Cultural Arts Commission Fund, previously reported as a Special Revenue Fund, has been inactivated following the dissolution of the
Cultural Arts Commission in Fiscal Year 2024.
City of Geneva | Fiscal Year 2027
Page 14
Financial Structure
Table of Contents
17
Proprietary Funds
Proprietary Funds are used to account for services for which the City charges customers a fee. There are two types of Proprietary Funds:
Enterprise Funds and Internal Service Funds. Enterprise Funds report the same functions presented as business-type activities in the
government-wide financial statements and primarily provide services to customers external to the City organization. Internal Service
Funds provide services to other City departments and agencies and charge fees on a cost-reimbursement basis.
Enterprise Funds are used to account for operations that are financed and operated in a manner similar to a private business enterprise.
The intent of the City in using Enterprise Funds is to determine the cost of providing goods or services to the general public on a
continuing basis, including expenses and depreciation, and to recover those costs primarily through user charges.
The City’s Enterprise Funds include:
Electric
Water/Wastewater
Refuse
Cemetery
Commuter Parking
Internal Service Funds are used to account for the financing of goods or services provided by one department or agency to other
departments or agencies of the City on a cost-reimbursement basis.
Group Dental Insurance
Workers’ Compensation
Compensated Absences (Unbudgeted)
Fiduciary Funds
Fiduciary Funds are used to account for assets held by the City in a trustee or agency capacity for the benefit of individuals, private
organizations, or other governments. These funds are not available to support the City’s own programs and are accounted for separately
to ensure proper stewardship.
Trust and Agency Funds include resources received and held by the City as a trustee or agent, to be expended or invested in accordance
with the terms of the trust or agency agreement. Pension Trust Funds are reported similarly to Proprietary Funds due to their ongoing
operational nature.
The City’s Trust Funds include:
Police Pension Fund
Firefighters’ Pension Fund
City of Geneva | Fiscal Year 2027
Page 15
Financial Structure
Table of Contents
18
Fund and Department Relationship
The following table illustrates the relationship between each fund type and the City departments they support. This overview
demonstrates how financial resources are allocated and managed across various operational areas within the City.
Funds
LEG
CAO
ASD
FIN
CD
ED
POL
FIRE
PW
X
X
X
X
X
Governmental Funds
General Fund
X
X
X
X
Special Revenue Funds
Motor Fuel Tax
X
SPAC
X
Beautification
X
Hotel Operators Occupation Tax
X
ARPA
X
X
Restricted Police Fines
X
PEG
Mental Health
X
X
Foreign Fire Insurance
X
SSA's
X
X
X
Capital Projects Funds
General Capital Projects
X
X
X
X
Infrastructure Capital Projects
Prairie Green
X
X
X
X
TIF #2
X
X
TIF #3
X
X
TIF #4
X
X
Capital Equipment
X
X
X
X
X
X
Proprietary Funds
Enterprise Funds
Electric
X
Water/Wastewater
X
Refuse
X
Cemetery
X
Commuter Parking
X
X
Internal Service Funds
Group Dental Insurance
X
X
X
X
X
X
X
X
Workers Compensation
X
X
X
X
X
X
X
X
Fiduciary Funds
Trust and Agency Funds
Police Pension
Fire Pension
City of Geneva | Fiscal Year 2027
X
X
Page 16
Financial Structure
Table of Contents
19
Department Legend
LEG
Legislative
FIN
Finance
POL
Police
CAO
City Administrator's Office
CD
Community Development
FIRE
Fire
ASD
Administrative Service
ED
Economic Development
PW
Public Works
Basis of Accounting
Budgets for the governmental fund types (General Fund, Special Revenue Funds, etc.) are adopted on a basis consistent with “Generally
Accepted Accounting Principles” (GAAP), utilizing the modified accrual basis of accounting. Revenues are recognized when they become
measurable and available. Expenditures are recognized when the liability has been incurred, except for principal and interest payments on
general long-term debt that are recognized when due.
The proprietary fund types are budgeted on a basis consistent with GAAP, utilizing the accrual basis of accounting, except for capital
outlay and debt principal, which is budgeted as an expenditure.
The Annual Comprehensive Financial Report shows the status of the City’s finances on the basis of GAAP and on a budgetary basis. In
most cases, this conforms to the way the City prepares its budget. Exceptions are as follows in the Enterprise Funds:
Capital outlay is recorded as assets on a GAAP basis and expended on a budget basis.
Debt principal payments are recorded as reductions of liabilities on a GAAP basis and expended on a budget basis.
The final budget adopted by the City Council must be a balanced budget, where total resources equal or exceed total obligations. The
State Budget Law prohibits a budget which projects spending in excess of available resources. The City’s budget is prepared on a modified
accrual basis and assumes the prior year’s ending cash balances will be fully utilized to balance the budget.
While the fund balance is not an annual source of revenue to fund operations of the City, year-end carryovers are used to fund future years'
operating and capital budgets. Adequate fund balance reserves are kept to meet unexpected operating or capital demands and to cover
any unanticipated revenue shortfalls.
Internal Controls
The City is responsible for establishing and maintaining an internal control structure designed to ensure the assets of the government are
protected from loss, theft or misuse and to ensure adequate accounting data is compiled to allow for the preparation of financial
statements in conformity with GAAP. The internal control structure is designed to provide reasonable, albeit not absolute, assurance these
objectives are met. The concept of reasonable assurance recognizes the cost of a control should not exceed the benefits likely to be
derived and the valuation of costs and benefits requires estimates and judgments by management.
Budgetary Control
Budgetary controls are maintained to ensure compliance with legal provisions embodied in the annual budget approved by the City
Council. Activities of the governmental, proprietary, and fiduciary funds are included in the annual appropriated budget. The budgetary
level of control, the level at which expenditures cannot legally exceed the appropriated amount, is exercised at the fund level. City staff
receive monthly revenue and expenditure reports for their review to ensure correctness.
City of Geneva | Fiscal Year 2027
Page 17
Typical Tax Bill
Table of Contents
20
Typical Tax Bill
Tax Levy Rate:
0.45758
Market Value of
Home:
$
480,000
Assessed
Valuation:
$ 732.05
Annual Tax Liability for City
Services:
To calculate the Annual Tax Bill, multiply the
Assessed Baluation by the Tax Levy Rate and
divide the result by 100.
$159,984 X 0.45758 = $73,205.00;
$73,205.00 ÷ 100 = $732.05
$
159,984
To determine Assessed Valuation,
multiply Market Value by 33.33%.
Monthly Expenses for City Serv $
61.00
To determine the Monthly Tax Expenses for City
services, divide the Tax Liability by 12 months:
$480,000 X 33.33% = $159,984
$732.05 ÷ 12 = $61.00
City of Geneva property owners pay property taxes which generate revenue used to operate the City, schools, parks, libraries, and township
road districts. The City must comply with the Property Tax Extension Limitation Law which caps increases in property tax extensions for
non-home rule taxing districts. Increases in tax extensions are limited to the lesser of 5.0% or the Consumer Price Index (CPI) for the year
preceding the levy year. This limit slows the growth of property tax revenues to taxing districts when property values and assessments are
increasing faster than the rate of inflation.
A common misconception is all property tax dollars go to the City; the City’s portion of a resident’s total tax bill is approximately 6.2%. The
chart below illustrates the breakdown of a typical residential tax bill.
City of Geneva | Fiscal Year 2027
Page 18
Budget Summary
Table of Contents
21
Budget Summary
This section provides a snapshot of the City of Geneva’s overall budget, illustrating how financial resources are managed to maintain
essential services, support economic growth, and invest in the community’s future.
Summary
The total revenues for FY 2027 are $128.3M representing a decrease of 10.1% from the previous year's total of $142.7M. The largest
revenue category remains the Enterprise Funds, which account for $72.1M or 56.2% of the total, but this is a decrease of $16M or 18.2%
compared to FY 2026.
The General Fund contributes $25.3M, making up 19.7% of the total revenues, and has decreased by $1.2M or 4.5% from the prior year.
Capital Projects Funds total $14.7M, representing 11.4% of the total, and have declined by $3.5M or 19.1% compared to FY 2026.
In contrast, Pension Trust Funds show a significant increase to $11.7M, which is 9.1% of the total and an increase of $5.5 million or 87.7%
from the previous year. This increase is driven by the positive performance of the City's investment portfolio with the respective
consolidated Pension Funds. Special Revenue Funds also increased to $3.7M, accounting for 2.9% of the total and rising by $0.8 million or
29.3% from FY2026. The main component of this increase is the recognition and spending of the remaining ARPA funds.
Internal Service Funds represent $864,348 or 0.7% of the total revenues, showing a slight decrease of $13,057 or 1.5% from the prior year.
Overall, while most fund groupings experienced decreases in FY 2027, Pension Trust Funds and Special Revenue Funds saw notable
increases, with anticipated increases in investment income and spend down of remaining ARPA funds.
Revenues vs Expenditures Summary
$150M
$125M
$100M
$75M
$50M
$25M
0
2024
Revenue Actual
2025
Revenue Budgeted
2026
Expenditures Actual
2027
Expenditures Budgeted
In FY 2027, the budgeted expenditures are $120.9M, representing a decrease of 13.9% from the FY 2026 budgeted expenditures of
$140.4M. This marks a significant reduction compared to the prior period. Additional information highlighting these reductions can be
found in the Enterprise Funds, which include completion of large capital projects and acquisitions of real property.
City of Geneva | Fiscal Year 2027
Page 19
Budget Summary
Table of Contents
22
Comparing the FY 2027 budgeted amounts to FY 2026 estimated actuals, the FY 2027 expenditures budget is $120.9M, slightly above the
FY 2026 estimated actual expenditures of $120.7M, which were 86.0% of the FY 2026 budgeted expenditures. The FY 2027 revenue
budget of $128.3M is above the FY 2026 estimated actual revenues of $107.7M, which were 75.5% of the FY 2026 budgeted revenues.
Overall, the FY 2027 budget reflects a downward adjustment in both revenues and expenditures compared to the previous year's budget,
with expenditures showing a larger percentage decrease than revenues.
Comprehensive Fund Summary
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
$15,938,965
$15,916,066
$16,845,960
Licenses
$202,025
$213,650
$212,125
Permits
$443,800
$457,950
$442,800
$15,079,785
$14,034,436
$14,798,835
$802,800
$709,860
$658,520
Service Charges
$48,342,650
$51,737,570
$50,952,475
Service Fees
$1,754,030
$1,754,414
$1,680,758
Other Revenues
$8,591,065
$17,192,223
$13,843,682
Other Financing Sources
$51,579,935
$5,729,400
$28,847,163
$142,735,055
$107,745,569
$128,282,318
Personnel Services
$32,204,463
$31,064,637
$33,612,768
Contractual Services
$40,317,827
$37,869,739
$38,990,698
Commodities
$2,505,500
$2,408,304
$2,583,143
Revenues
Taxes
Intergovernmental Revenues
Fines and Forfeits
Total Revenues
Expenditures
Debt Service
$4,014,970
$4,016,417
$5,152,520
Capital Outlay
$49,864,980
$37,372,492
$30,497,082
Other Expenditures
$7,781,415
$5,451,651
$7,687,400
Other Financing Uses
$3,737,595
$2,531,991
$2,351,325
$140,426,750
$120,715,231
$120,874,936
$2,308,305
-$12,969,662
$7,407,382
Total Expenditures
Total Revenues Less Expenditures
Revenues by Fund Grouping
Historical Revenues by Fund Grouping
$121M
FY2024
$92M
FY2025
$143M
$143M
FY2026
$128M
$128M
FY2027
0
$40M
$80M
$120M
Capital Projects Funds
Enterprise Funds
General Fund
Internal Service Funds
Pension Trust Funds
Special Revenue Funds
City of Geneva | Fiscal Year 2027
$160M
Page 20
Budget Summary
Table of Contents
23
Revenues by Fund Summary
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
General Fund
$26,458,055
$24,676,901
$25,262,995
-4.52%
Special Revenue Funds
$2,840,330
$2,453,421
$3,687,120
29.81%
Pension Trust Funds
$6,237,720
$13,827,705
$11,705,017
87.65%
Capital Projects Funds
$18,146,460
$6,601,407
$14,672,645
-19.14%
Enterprise Funds
$88,175,085
$59,128,435
$72,090,193
-18.24%
$877,405
$1,057,700
$864,348
-1.49%
$142,735,055
$107,745,569
$128,282,318
-10.13%
Internal Service Funds
Total Revenues
Revenues by Fund
Historical Revenues by Fund
$121M
FY2024
$92M
FY2025
$143M
$143M
FY2026
$128M
$128M
FY2027
0
$40M
$80M
$120M
ARPA
Beautification
Capital Equipment
Cemetery
Commuter Parking
Cultural Arts Commission
Electric
Fire Pension
Foreign Fire Insurance Board
General Capital Projects
General Fund
Group Dental Insurance
Hotel Operators Occupation Tax
Infrastructure Capital Projects
Mental Health
Motor Fuel Tax
PEG
Police Pension
Prairie Green
Refuse
Restricted Police Fines
SPAC
SSA #1
SSA #11 (Eagle Brook)
SSA #16 (Fisher Farms)
SSA #18 (Wildwood)
SSA #23 (Sunset Meadows)
SSA #26 (Westhaven)
SSA #4 (Randall Square)
SSA #5 (Williamsburg)
SSA #7 (Blackberry)
SSA #9 (Geneva Knolls)
SSA# 32 (On Brentwood's Pond)
TIF #2
TIF #3
TIF #4
Water/Wastewater
Workers Compensation
City of Geneva | Fiscal Year 2027
$160M
Page 21
Budget Summary
Table of Contents
24
FY 2027 Revenues by Fund
128M
ARPA
Beautification
Capital Equipment
Cemetery
Commuter Parking
Electric
Fire Pension
Foreign Fire Insurance Board
General Capital Projects
General Fund
Group Dental Insurance
Hotel Operators Occupation Tax
Infrastructure Capital Projects
Mental Health
Motor Fuel Tax
PEG
Police Pension
Prairie Green
Refuse
Restricted Police Fines
SPAC
SSA #1
SSA #11 (Eagle Brook)
SSA #16 (Fisher Farms)
SSA #18 (Wildwood)
SSA #23 (Sunset Meadows)
SSA #26 (Westhaven)
SSA #4 (Randall Square)
SSA #5 (Williamsburg)
SSA #7 (Blackberry)
SSA #9 (Geneva Knolls)
SSA# 32 (On Brentwood's Pond)
TIF #2
TIF #3
TIF #4
Water/Wastewater
Workers Compensation
City of Geneva | Fiscal Year 2027
$921,410 0.72%
$28,730 0.02%
$1,007,855 0.79%
$88,000 0.07%
$584,878 0.46%
$44,297,741 34.53%
$5,715,741 4.46%
$86,010 0.07%
$2,846,415 2.22%
$25,262,995 19.69%
$201,665 0.16%
$430,250 0.34%
$3,763,755 2.93%
$203,000 0.16%
$935,000 0.73%
$50,525 0.04%
$5,989,276 4.67%
$106,150 0.08%
$619,744 0.48%
$89,184 0.07%
$10,630 0.01%
$407,720 0.32%
$191,840 0.15%
$197,135 0.15%
$4,310
0.00%
$19,570 0.02%
$11,865 0.01%
$48,511 0.04%
$23,460 0.02%
$15,215 0.01%
$8,940
0.01%
$3,815
0.00%
$3,929,410 3.06%
$2,994,880 2.33%
$24,180 0.02%
$26,499,830 20.66%
$662,683 0.52%
Page 22
Budget Summary
Table of Contents
25
Revenues by Fund
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
General Fund
Motor Fuel Tax
$26,458,055
$24,676,901
$25,262,995
-4.52%
$900,000
$1,020,000
$935,000
3.89%
SPAC
$11,500
$16,071
$10,630
-7.57%
Beautification
$29,795
$22,050
$28,730
-3.57%
Hotel Operators Occupation Tax
$370,365
$339,000
$430,250
16.17%
ARPA
$50,000
$42,000
$921,410
1,742.82%
Restricted Police Fines
$95,195
$47,800
$89,184
-6.31%
PEG
$19,000
$20,000
$50,525
165.92%
Mental Health
$204,300
$204,073
$203,000
-0.64%
Foreign Fire Insurance Board
$86,010
$105,860
$86,010
0.00%
SSA #1
$338,890
$240,120
$407,720
20.31%
SSA #4 (Randall Square)
$62,225
$35,400
$48,511
-22.04%
SSA #5 (Williamsburg)
$29,500
$20,790
$23,460
-20.47%
SSA #7 (Blackberry)
$17,420
$13,500
$15,215
-12.66%
SSA #9 (Geneva Knolls)
$20,345
$8,045
$8,940
-56.06%
SSA #11 (Eagle Brook)
$386,990
$118,155
$191,840
-50.43%
SSA #16 (Fisher Farms)
$185,430
$178,031
$197,135
6.31%
SSA #18 (Wildwood)
$3,860
$4,160
$4,310
11.66%
SSA #23 (Sunset Meadows)
$14,420
$3,210
$19,570
35.71%
SSA #26 (Westhaven)
$11,380
$11,380
$11,865
4.26%
SSA# 32 (On Brentwood's Pond)
$3,705
$3,776
$3,815
2.97%
General Capital Projects
$1,161,500
$242,915
$2,846,415
145.06%
Infrastructure Capital Projects
$6,957,480
$3,098,680
$3,763,755
-45.90%
$106,150
$106,150
$106,150
0.00%
TIF #2
Prairie Green
$3,496,355
$357,997
$3,929,410
12.39%
TIF #3
$4,008,550
$254,402
$2,994,880
-25.29%
TIF #4
$5,500
$8,991
$24,180
339.64%
Capital Equipment
$2,410,925
$2,532,272
$1,007,855
-58.20%
Electric
$55,997,800
$41,234,095
$44,297,741
-20.89%
Water/Wastewater
$28,761,885
$16,932,100
$26,499,830
-7.86%
$616,880
$565,540
$619,744
0.46%
Refuse
Cemetery
Commuter Parking
Group Dental Insurance
Workers Compensation
$139,845
$92,700
$88,000
-37.07%
$2,658,675
$304,000
$584,878
-78.00%
$207,865
$207,871
$201,665
-2.98%
$669,540
$849,829
$662,683
-1.02%
Police Pension
$3,933,340
$8,183,236
$5,989,276
52.27%
Fire Pension
$2,304,380
$5,644,469
$5,715,741
148.04%
$142,735,055
$107,745,569
$128,282,318
-10.13%
Total Revenues
City of Geneva | Fiscal Year 2027
Page 23
Budget Summary
Table of Contents
26
Revenues by Revenue Source Grouping
Historical Revenues by Revenue Source Grouping
$150M
$121M
$121M
$143M
$128M
$128M
FY2026
FY2027
$92M
$100M
$50M
0
FY2024
FY2025
Fines and Forfeits
Intergovernmental Revenues
Licenses
Other Financing Sources
Other Revenues
Permits
Service Charges
Service Fees
Taxes
FY 2027 Revenues by Object
128M
Fines and Forfeits
Intergovernmental Revenues
Licenses
Other Financing Sources
Other Revenues
Permits
Service Charges
Service Fees
Taxes
$658,520 0.51%
$14,798,835 11.54%
$212,125 0.17%
$28,847,163 22.49%
$13,843,682 10.79%
$442,800 0.35%
$50,952,475 39.72%
$1,680,758 1.31%
$16,845,960 13.13%
Revenues by Category
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
Taxes
Licenses
Permits
Intergovernmental Revenues
Fines and Forfeits
City of Geneva | Fiscal Year 2027
$15,938,965
$15,916,066
$16,845,960
5.69%
$202,025
$213,650
$212,125
5.00%
$443,800
$457,950
$442,800
-0.23%
$15,079,785
$14,034,436
$14,798,835
-1.86%
$802,800
$709,860
$658,520
-17.97%
Page 24
Budget Summary
Table of Contents
27
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
Service Charges
$48,342,650
$51,737,570
$50,952,475
5.40%
Service Fees
$1,754,030
$1,754,414
$1,680,758
-4.18%
Other Revenues
$8,591,065
$17,192,223
$13,843,682
61.14%
Other Financing Sources
$51,579,935
$5,729,400
$28,847,163
-44.07%
$142,735,055
$107,745,569
$128,282,318
-10.13%
Total Revenues
Expenditures by Fund Grouping
Historical Expenditures by Fund Summary
$98M
FY2024
$118M
FY2025
$140M
$140M
FY2026
$121M
$121M
FY2027
0
$40M
$80M
$120M
Capital Projects Funds
Enterprise Funds
General Fund
Internal Service Funds
Pension Trust Funds
Special Revenue Funds
$160M
Expenditures by Fund Summary
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
General Fund
$26,458,055
$25,613,997
$25,262,995
-4.52%
Special Revenue Funds
$2,840,330
$2,266,552
$3,687,120
29.81%
Pension Trust Funds
$3,929,415
$4,057,189
$4,297,635
9.37%
Capital Projects Funds
$18,146,460
$11,286,358
$14,672,645
-19.14%
Enterprise Funds
$88,175,085
$76,433,724
$72,090,193
-18.24%
$877,405
$1,057,411
$864,348
-1.49%
$140,426,750
$120,715,231
$120,874,936
-13.92%
Internal Service Funds
Total Expenditures
City of Geneva | Fiscal Year 2027
Page 25
Budget Summary
Table of Contents
28
Expenditures by Fund
Historical Expenditures by Fund
$98M
FY2024
$118M
FY2025
$140M
$140M
FY2026
$121M
$121M
FY2027
0
$40M
$80M
$120M
$160M
ARPA
Beautification
Capital Equipment
Cemetery
Commuter Parking
Cultural Arts Commission
Electric
Fire Pension
Foreign Fire Insurance Board
General Capital Projects
General Fund
Group Dental Insurance
Hotel Operators Occupation Tax
Infrastructure Capital Projects
Mental Health
Motor Fuel Tax
PEG
Police Pension
Prairie Green
Refuse
Restricted Police Fines
SPAC
SSA Funds
TIF Funds
Water/Wastewater
Workers Compensation
Expenditures by Fund
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
General Fund
Motor Fuel Tax
$26,458,055
$25,613,997
$25,262,995
-4.52%
$900,000
$600,000
$935,000
3.89%
General Capital Projects
$1,161,500
$1,240,415
$2,846,415
145.06%
Infrastructure Capital Projects
$6,957,480
$6,957,305
$3,763,755
-45.90%
SPAC
$11,500
$9,375
$10,630
-7.57%
Prairie Green
$106,150
$18,780
$106,150
0.00%
Beautification
$29,795
$29,315
$28,730
-3.57%
Hotel Operators Occupation Tax
Capital Equipment
$370,365
$483,258
$430,250
16.17%
$2,410,925
$1,077,098
$1,007,855
-58.20%
ARPA
$50,000
$38,000
$921,410
1,742.82%
Restricted Police Fines
$95,195
$75,093
$89,184
-6.31%
PEG
$19,000
$1,000
$50,525
165.92%
Mental Health
$204,300
$201,500
$203,000
-0.64%
Foreign Fire Insurance Board
SSA Funds
$86,010
$47,996
$86,010
0.00%
$1,074,165
$781,015
$932,381
-13.20%
TIF Funds
$7,510,405
$1,992,760
$6,948,470
-7.48%
Electric
$55,997,800
$53,042,081
$44,297,741
-20.89%
Water/Wastewater
$28,761,885
$20,557,128
$26,499,830
-7.86%
Refuse
$616,880
$616,457
$619,744
0.46%
Cemetery
$139,845
$135,440
$88,000
-37.07%
$2,658,675
$2,082,618
$584,878
-78.00%
$207,865
$207,871
$201,665
-2.98%
Commuter Parking
Group Dental Insurance
$669,540
$849,540
$662,683
-1.02%
Police Pension
Workers Compensation
$2,519,790
$2,684,764
$2,776,115
10.17%
Fire Pension
$1,409,625
$1,372,425
$1,521,520
7.94%
City of Geneva | Fiscal Year 2027
Page 26
Budget Summary
Table of Contents
29
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
Total Expenditures
$140,426,750
$120,715,231
$120,874,936
-13.92%
Expenditures by Expense Object Categories
Historical Expenditures by Expense Object Categories
$98M
FY2024
$118M
FY2025
$140M
$140M
FY2026
$121M
$121M
FY2027
0
$40M
$80M
$120M
Capital Outlay
Commodities
Contractual Services
Debt Service
Other Expenditures
Other Financing Uses
$160M
Personnel Services
Expenditures by Expense Object Categories
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
Personnel Services
$32,204,463
$31,064,637
$33,612,768
4.37%
Contractual Services
$40,317,827
$37,869,739
$38,990,698
-3.29%
Commodities
$2,505,500
$2,408,304
$2,583,143
3.10%
Debt Service
$4,014,970
$4,016,417
$5,152,520
28.33%
Capital Outlay
$49,864,980
$37,372,492
$30,497,082
-38.84%
Other Expenditures
$7,781,415
$5,451,651
$7,687,400
-1.21%
Other Financing Uses
$3,737,595
$2,531,991
$2,351,325
-37.09%
$140,426,750
$120,715,231
$120,874,936
-13.92%
Total Expenditures
City of Geneva | Fiscal Year 2027
Page 27
Total By Fund
Table of Contents
30
Total By Fund Type
Revenues by Fund Grouping
Revenues by Fund Grouping
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
General Fund
$26,458,055
$24,676,901
$25,262,995
-4.52%
Special Revenue Funds
$2,840,330
$2,453,421
$3,687,120
29.81%
Pension Trust Funds
$6,237,720
$13,827,705
$11,705,017
87.65%
Capital Projects Funds
$18,146,460
$6,601,407
$14,672,645
-19.14%
Enterprise Funds
$88,175,085
$59,128,435
$72,090,193
-18.24%
$877,405
$1,057,700
$864,348
-1.49%
$142,735,055
$107,745,569
$128,282,318
-10.13%
FY 2026 Projected
FY 2027 Budgeted
Change)
Internal Service Funds
Total Revenues
Expenditures by Fund Grouping
Expenditures by Fund Grouping
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2027 Budgeted (%
Change)
General Fund
$26,458,055
$25,613,997
$25,262,995
-4.52%
Special Revenue Funds
$2,840,330
$2,266,552
$3,687,120
29.81%
Pension Trust Funds
$3,929,415
$4,057,189
$4,297,635
9.37%
Capital Projects Funds
$18,146,460
$11,286,358
$14,672,645
-19.14%
Enterprise Funds
$88,175,085
$76,433,724
$72,090,193
-18.24%
$877,405
$1,057,411
$864,348
-1.49%
$140,426,750
$120,715,231
$120,874,936
-13.92%
Internal Service Funds
Total Expenditures
City of Geneva | Fiscal Year 2027
Page 28
Total By Fund
Table of Contents
31
Governmental Funds
General Fund
The FY 2027 General Fund budget is balanced, with both revenues and expenditures budgeted at $25.3M. This represents a decrease of
$1.2M, or 4.5%, from the Fiscal Year 2026 adopted budget of $26.5M. The reduction follows a period of budgetary growth, as the Fiscal
Year 2026 budget reflected a 4.7% increase over the prior year.
Budgeted General Fund revenues for FY 2027 total $25.3M, modestly exceeding the estimated $24.7M expected to be received by the end
of FY 2026. Projected FY 2026 revenues were 2.4% lower than the prior year and are anticipated to represent 93.3% of the FY 2026
adopted budget.
Revenue declines are driven primarily by reductions in intergovernmental revenues, most notably the Local Use Tax, which is projected to
decrease by 74.4%, and Federal grant revenues, which are budgeted at $2,670 for FY 2027. Fines and fees are also budgeted below FY
2026 levels, reflecting a 45.1% reduction as Circuit Court fine revenues are projected to fall significantly short of targets. Service fees and
other revenues were modestly reduced by 11.0% and 5.3%, respectively.
These revenue reductions are partially offset by increases in property taxes, sales tax, income tax, and non-home rule sales tax; however,
the overall declines exceed the projected revenue growth.
Compared to projected FY 2026 year-end results, budgeted General Fund expenditures for FY 2027 represent a decrease from the
estimated $25.6M in FY 2026 expenditures. Projected FY 2026 expenditures are 8.8% higher than the prior fiscal year and are expected to
total 96.8% of the FY 2026 adopted budget.
The reduction in expenditures for FY 2027 is primarily attributable to decreased transfers to capital funds.
Overall, the FY 2027 General Fund budget reflects a contraction in both revenues and expenditures of approximately 4.5% compared to the
Fiscal Year 2026 adopted budget, in response to projected year-end expenditures exceeding estimated year-end revenues.
Special Revenue Funds
In the FY 2027 Special Revenue Funds, budgeted expenditures total $3.7M, representing an increase of $0.9M, or 29.8%, compared to the
FY 2026 adopted budget of $2.8M. Budgeted revenues for FY 2027 are also $3.7M, reflecting a comparable increase of 29.8% over the
prior year. This one-time increase is driven by the recognition and planned expenditure of remaining American Rescue Plan Act (ARPA)
funds, which are required to be fully expended during FY 2027.
When comparing FY 2026 actual results to budgeted amounts, actual revenues totaled $2.5 million, or 86.4% of the $2.8 million budget,
representing a 3.7% decrease from the prior fiscal year. Actual expenditures for FY 2026 were $2.3 million, or 79.8% of the budgeted
amount, reflecting a 30.8% decrease from the prior year.
Overall, the FY 2027 Special Revenue Funds budget reflects a temporary increase in both revenues and expenditures compared to FY
2026, attributable to the final year of ARPA spending. Budgeted activity is expected to return to lower, more typical levels in subsequent
fiscal years following the completion of ARPA-funded programs.
Capital Projects Fund
In the Capital Projects Funds for FY 2027, the budgeted expenditures are set at $14.7M, representing a 19.1% decrease from the 2026
budgeted expenditures of $18.1 million. Similarly, the budgeted revenues for FY 2027 are also $14.7M. However, this includes planned use
City of Geneva | Fiscal Year 2027
Page 29
Total By Fund
Table of Contents
32
of fund balances to fill gaps between revenues and expenses.
Comparing FY 2026 estimated actuals to budgeted amounts provides additional context: estimated actual revenues for 2026 were $6.6M,
which is 36.4% of the budgeted $18.1M and a 10.8% decrease from the prior period. Estimated actual expenditures for FY 2026 are
$11.3M, or 62.2% of the budgeted $18.1M, marking a 20.61% decrease from the prior period.
Major projects budgeted in the Capital Projects Funds for FY 2027 include East State Street Reconstruction, Downtown Pavilion
Construction, final payment for Kautz Road, and Phase I of the HVAC mechanical system replacement at the Public Works Facility.
Additional project details are provided in the Capital Projects section of this budget book.
Overall, the FY 2027 budget continues the downward trend in both revenues and expenditures seen in FY 2026, with both categories
decreasing by 19.1% from the previous year's budgeted figures. The budgeted amounts for FY 2027 are closer in value to the FY 2026
actual expenditures and revenues than to the FY 2026 budgeted amounts, indicating a reduction in planned financial activity for the
Capital Projects Funds.
Proprietary Funds
Enterprise Funds
In FY 2027, the Enterprise Funds budget shows a decrease in both expenditures and revenues compared to the FY 2026 budget related to
the completion of capital projects in the Electric Fund and parking lot acquisitions in the Commuter Fund. The expenditures budget is set
at $72.1M, which is an 18.2% decrease from the FY 2026 budgeted expenditures of $88.2 million. Similarly, the revenue budget for FY
2027 is also $72.1M with the planned use of reserves, reflecting an 18.2% decrease from the FY 2026 budgeted revenue of $88.2M.
Comparing the FY 2026 estimated actuals to the budgeted amounts, estimated actual revenues are $59.1M, which was 67.1% of the
budgeted $88.2M and represented an 18.0% increase from the prior period. Revenue shortfalls are related to IEPA loan timing and awards
for the Water and Wastewater Fund. Estimated actual expenditures for FY 2026 are $76.4M, 86.7% of the budgeted $88.2M, and increased
by 4.8% from the prior period.
The FY 2027 budget reflects a significant reduction in both revenues and expenditures compared to the FY 2026 budget, following a year
when actual revenues and expenditures were below budgeted levels but showed growth from the prior period. Both utilities will see a rate
increase as defined by their respective adopted rate structures.
Internal Service Funds
In the Internal Service Funds, the 2026 budgeted expenditures and revenues were both $877,405, reflecting a slight increase of 0.3% from
the prior period. Estimated actual revenues for 2026 are expected to rise significantly to $1.1M, a 28.1% increase from the prior period and
120.6% of the budgeted amount. Similarly, actual expenditures in 2026 also reached $1.1M, marking a 73.3% increase from the prior
period and 120.5% of the budgeted figure driven primarily by worker's compensation claims.
For the 2027 budget year, both expenditures and revenues are budgeted at $864,348, representing a decrease of 1.5% from the 2026
budgeted amounts. This reduction follows the substantial actual increases seen in 2026, with the 2027 budgeted figures slightly below the
previous year's budgeted levels but without actuals available yet for comparison.
City of Geneva | Fiscal Year 2027
Page 30
Total By Fund
Table of Contents
33
Fiduciary Funds
In the Pension Trust Funds Revenues vs Expenditures Summary, the FY 2026 estimated actual revenues significantly exceeded the
budgeted amount due to positive experience of consolidated investment portfolio income, reaching $13.8M, which is a 128.4% increase
from the prior period and 221.7% of the budgeted revenue of $6.2 million. Estimated actual expenditures for 2026 are $4.1M, a 5.7%
increase from the prior period due mainly to a cost of living increase for retirees and banking fees. Estimated actual expenditures are
103.3% of the budgeted expenditures of $3.9M.
Looking ahead to the FY 2027 budget, expenditures are planned at $4.3M, representing a 9.4% increase from the FY 2026 budgeted
expenditures of $3.9M. Budgeted revenues for FY 2027 are set at $11.7M, which is an 87.7% increase from the FY 2026 budgeted revenue
of $6.2M. This indicates a substantial planned increase in investment income revenues compared to the previous budget year, while
expenditures are also expected to rise but at a more moderate rate.
Revenues by Revenue Source
Historical Revenue by Revenue Source
$150M
$121M
$121M
$143M
$128M
$128M
FY2026
FY2027
$92M
$100M
$50M
0
FY2024
FY2025
Auto Rental Tax
Building Permits
Business Licenses
Cemetery Lot Sales
Circuit Court Fines
Civil Law Violations
Community Development Fees
Compliance Fines
Connection Fees
Disconnection/Reconnection Fees
Donations
Electric Sales
False Alarm Fines
Federal Grants
Foreign Fire Insurance Tax
General Government Fees
Grave Opening Fees
Hotel/Motel Tax
Industrial Wastewater Surcharge
Insurance & Property Damage
Insurance Premiums
Interest Income
Interfund Transfers In
Lawn Permit Fees
Local Use Tax
Meter Sales
Miscellaneous
Motor Fuel Tax
Municipal Utility Tax
New Service Installation
Non-Home Rule Sales Tax
Ordinance Fines
Other Financing Source
Overweight Permits
Parking Lot Fees
Parking Violations
Penalties
Pension Contributions
Private Fire Service
Property Tax
Public Safety Fees
Reappropriation
Refuse Charges
Reimbursed Expenditures
Reimbursements
Rental Income
Replacement Tax
Restricted Police Fines
Sale of Capital Assets
Sale of Materials
Sales Tax
Sewer Sales
Sign Permits
Simplified Telecommunications Tax
Special Event Fees
State Income Tax
State/Local Grants
Township Fire Tax
Water Sales
City of Geneva | Fiscal Year 2027
Page 31
Total By Fund
Table of Contents
34
FY 2027 Revenues by Revenue Source
128M
Auto Rental Tax
Building Permits
Business Licenses
Cemetery Lot Sales
Circuit Court Fines
Community Development Fees
Compliance Fines
Connection Fees
Disconnection/Reconnection Fees
Donations
Electric Sales
False Alarm Fines
Federal Grants
Foreign Fire Insurance Tax
General Government Fees
Grave Opening Fees
Hotel/Motel Tax
Industrial Wastewater Surcharge
Insurance Premiums
Interest Income
Interfund Transfers In
Lawn Permit Fees
Local Use Tax
Meter Sales
Miscellaneous
Motor Fuel Tax
Municipal Utility Tax
New Service Installation
Non-Home Rule Sales Tax
Ordinance Fines
Other Financing Source
Overweight Permits
Parking Lot Fees
Parking Violations
Penalties
Pension Contributions
Private Fire Service
Property Tax
Public Safety Fees
City of Geneva | Fiscal Year 2027
$80
0.00%
$430,800 0.34%
$212,125 0.17%
$45,000 0.04%
$102,420 0.08%
$27,500 0.02%
$300
0.00%
$119,535 0.09%
$31,200 0.02%
$3,600
0.00%
$37,597,040 29.31%
$9,000
0.01%
$924,080 0.72%
$85,000 0.07%
$367,000 0.29%
$34,000 0.03%
$350,000 0.27%
$175,000 0.14%
$800,348 0.62%
$8,267,360 6.44%
$918,626 0.72%
$1,000
0.00%
$200,000 0.16%
$22,500 0.02%
$57,780 0.05%
$875,000 0.68%
$1,470,000 1.15%
$150,000 0.12%
$6,300,000 4.91%
$7,500
0.01%
$9,545,600 7.44%
$5,500
0.00%
$260,000 0.20%
$59,000 0.05%
$300,000 0.23%
$4,815,417 3.75%
$34,560 0.03%
$8,240,780 6.42%
$125,150 0.10%
Page 32
Total By Fund
Table of Contents
Reappropriation
Refuse Charges
Reimbursed Expenditures
Reimbursements
Rental Income
Replacement Tax
Restricted Police Fines
Sale of Capital Assets
Sale of Materials
Sales Tax
Sewer Sales
Sign Permits
Simplified Telecommunications Tax
Special Event Fees
State Income Tax
State/Local Grants
Township Fire Tax
Water Sales
35
$18,382,937 14.33%
$530,000 0.41%
$176,245 0.14%
$100,000 0.08%
$448,150 0.35%
$120,000 0.09%
$5,300
0.00%
$25,000 0.02%
$500
0.00%
$7,232,000 5.64%
$4,644,000 3.62%
$6,500
0.01%
$306,000 0.24%
$5,130
0.00%
$3,765,000 2.93%
$1,582,755 1.23%
$94,100 0.07%
$7,888,900 6.15%
Revenues by Revenue Source
FY 2026 Budgeted
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
vs. FY 2027
Budgeted (%
Change)
Property Tax
$7,782,315.00
$7,786,290.00
$8,240,780.00
5.89%
Foreign Fire Insurance Tax
$85,000.00
$105,842.00
$85,000.00
0.00%
Simplified Telecommunications Tax
$340,000.00
$314,000.00
$306,000.00
-10.00%
$1,490,000.00
$1,482,000.00
$1,470,000.00
-1.34%
Hotel/Motel Tax
Municipal Utility Tax
$350,000.00
$335,000.00
$350,000.00
0.00%
Township Fire Tax
$91,500.00
$92,854.00
$94,100.00
2.84%
$150.00
$80.00
$80.00
-46.67%
Auto Rental Tax
$5,800,000.00
$5,800,000.00
$6,300,000.00
8.62%
Business Licenses
Non-Home Rule Sales Tax
$202,025.00
$213,650.00
$212,125.00
5.00%
Building Permits
$431,800.00
$441,200.00
$430,800.00
-0.23%
$8,000.00
$6,800.00
$6,500.00
-18.75%
Sign Permits
$4,000.00
$9,950.00
$5,500.00
37.50%
Sales Tax
Overweight Permits
$6,935,000.00
$6,935,000.00
$7,232,000.00
4.28%
State Income Tax
$3,700,000.00
$3,750,000.00
$3,765,000.00
1.76%
Replacement Tax
$157,000.00
$130,000.00
$120,000.00
-23.57%
Local Use Tax
$780,000.00
$240,000.00
$200,000.00
-74.36%
Motor Fuel Tax
$850,000.00
$875,000.00
$875,000.00
2.94%
Reimbursements
$113,600.00
$120,898.00
$100,000.00
-11.97%
Federal Grants
$925,665.00
$495,603.00
$924,080.00
-0.17%
State/Local Grants
$1,618,520.00
$1,487,935.00
$1,582,755.00
-2.21%
Circuit Court Fines
$230,000.00
$100,000.00
$102,420.00
-55.47%
Parking Violations
$51,500.00
$62,000.00
$59,000.00
14.56%
Ordinance Fines
$7,500.00
$8,300.00
$7,500.00
0.00%
False Alarm Fines
$9,000.00
$9,000.00
$9,000.00
0.00%
$300,000.00
$342,460.00
$300,000.00
0.00%
$500.00
$300.00
$300.00
-40.00%
$29,300.00
$12,800.00
$5,300.00
-81.91%
Penalties
Compliance Fines
Restricted Police Fines
City of Geneva | Fiscal Year 2027
Page 33
Total By Fund
Table of Contents
36
FY 2026 Budgeted
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
vs. FY 2027
Budgeted (%
Change)
Industrial Wastewater Surcharge
Electric Sales
$175,000.00
$175,000.00
$175,000.00
0.00%
$35,981,115.00
$38,072,045.00
$37,597,040.00
4.49%
Water Sales
$7,252,000.00
$7,616,405.00
$7,888,900.00
8.78%
Sewer Sales
$4,426,000.00
$4,724,735.00
$4,644,000.00
4.93%
Refuse Charges
$530,000.00
$530,000.00
$530,000.00
0.00%
Connection Fees
$119,535.00
$623,175.00
$119,535.00
0.00%
Meter Sales
$22,500.00
$40,460.00
$22,500.00
0.00%
New Service Installation
$10,000.00
$130,250.00
$150,000.00
1,400.00%
Sale of Materials
General Government Fees
$1,500.00
$500.00
$500.00
-66.67%
$414,140.00
$417,827.00
$367,000.00
-11.38%
Community Development Fees
$35,500.00
$33,772.00
$27,500.00
-22.54%
Public Safety Fees
$130,225.00
$129,150.00
$125,150.00
-3.90%
Grave Opening Fees
$34,000.00
$30,000.00
$34,000.00
0.00%
Private Fire Service
$34,560.00
$34,560.00
$34,560.00
0.00%
Lawn Permit Fees
$1,000.00
$1,000.00
$1,000.00
0.00%
Parking Lot Fees
$260,000.00
$260,000.00
$260,000.00
0.00%
Insurance Premiums
$813,405.00
$813,405.00
$800,348.00
-1.61%
Disconnection/Reconnection Fees
$31,200.00
$34,700.00
$31,200.00
0.00%
Pension Contributions
$4,062,720.00
$4,554,004.00
$4,815,417.00
18.53%
Interest Income
$3,737,910.00
$11,727,989.00
$8,267,360.00
121.18%
Rental Income
$463,890.00
$448,150.00
$448,150.00
-3.39%
-
$10,000.00
-
-
Sale of Capital Assets
Insurance & Property Damage
$25,000.00
$54,500.00
$25,000.00
0.00%
Reimbursed Expenditures
$169,245.00
$270,614.00
$176,245.00
4.14%
$3,600.00
$10,053.00
$3,600.00
0.00%
Donations
Special Event Fees
$5,000.00
$5,131.00
$5,130.00
2.60%
Cemetery Lot Sales
$48,000.00
$48,000.00
$45,000.00
-6.25%
Miscellaneous
Interfund Transfers In
$75,700.00
$63,782.00
$57,780.00
-23.67%
$2,824,000.00
$2,324,000.00
$918,626.00
-67.47%
Other Financing Source
$11,570,000.00
$3,405,400.00
$9,545,600.00
-17.50%
Reappropriation
$37,185,935.00
-
$18,382,937.00
-50.56%
Total Revenues
$142,735,055.00
$107,745,569.00
$128,282,318.00
-10.13%
City of Geneva | Fiscal Year 2027
Page 34
Total By Fund
Table of Contents
37
Expenditures by Fund
Historical Expenditures by Fund
$98M
FY2024
$118M
FY2025
$140M
$140M
FY2026
$121M
$121M
FY2027
0
$40M
$80M
$120M
ARPA
Beautification
Capital Equipment
Cemetery
Commuter Parking
Cultural Arts Commission
Electric
Fire Pension
Foreign Fire Insurance Board
General Capital Projects
General Fund
Group Dental Insurance
Hotel Operators Occupation Tax
Infrastructure Capital Projects
Mental Health
Motor Fuel Tax
PEG
Police Pension
Prairie Green
Refuse
Restricted Police Fines
SPAC
SSA Funds
TIF Funds
Water/Wastewater
Workers Compensation
City of Geneva | Fiscal Year 2027
$160M
Page 35
Total By Fund
Table of Contents
38
FY 2027 Expenditures by Fund
121M
ARPA
Beautification
Capital Equipment
Cemetery
Commuter Parking
Electric
Fire Pension
Foreign Fire Insurance Board
General Capital Projects
General Fund
Group Dental Insurance
Hotel Operators Occupation Tax
Infrastructure Capital Projects
Mental Health
Motor Fuel Tax
PEG
Police Pension
Prairie Green
Refuse
Restricted Police Fines
SPAC
SSA Funds
TIF Funds
Water/Wastewater
Workers Compensation
$921,410 0.76%
$28,730 0.02%
$1,007,855 0.83%
$88,000 0.07%
$584,878 0.48%
$44,297,741 36.65%
$1,521,520 1.26%
$86,010 0.07%
$2,846,415 2.35%
$25,262,995 20.90%
$201,665 0.17%
$430,250 0.36%
$3,763,755 3.11%
$203,000 0.17%
$935,000 0.77%
$50,525 0.04%
$2,776,115 2.30%
$106,150 0.09%
$619,744 0.51%
$89,184 0.07%
$10,630 0.01%
$932,381 0.77%
$6,948,470 5.75%
$26,499,830 21.92%
$662,683 0.55%
Expenditures by Fund
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
$26,458,055
$25,613,997
$25,262,995
FY 2027 Budgeted (%
Change)
General Fund
Motor Fuel Tax
-4.52%
$900,000
$600,000
$935,000
3.89%
General Capital Projects
$1,161,500
$1,240,415
$2,846,415
145.06%
Infrastructure Capital Projects
$6,957,480
$6,957,305
$3,763,755
-45.90%
SPAC
$11,500
$9,375
$10,630
-7.57%
Prairie Green
$106,150
$18,780
$106,150
0.00%
Beautification
$29,795
$29,315
$28,730
-3.57%
Hotel Operators Occupation Tax
Capital Equipment
City of Geneva | Fiscal Year 2027
$370,365
$483,258
$430,250
16.17%
$2,410,925
$1,077,098
$1,007,855
-58.20%
Page 36
Total By Fund
Table of Contents
39
FY 2026 Budgeted vs.
Category
FY 2026 Budgeted
FY 2026 Projected
FY 2027 Budgeted
FY 2027 Budgeted (%
Change)
ARPA
$50,000
$38,000
$921,410
1,742.82%
Restricted Police Fines
$95,195
$75,093
$89,184
-6.31%
PEG
$19,000
$1,000
$50,525
165.92%
Mental Health
$204,300
$201,500
$203,000
-0.64%
Foreign Fire Insurance Board
SSA Funds
$86,010
$47,996
$86,010
0.00%
$1,074,165
$781,015
$932,381
-13.20%
TIF Funds
$7,510,405
$1,992,760
$6,948,470
-7.48%
Electric
$55,997,800
$53,042,081
$44,297,741
-20.89%
Water/Wastewater
$28,761,885
$20,557,128
$26,499,830
-7.86%
Refuse
$616,880
$616,457
$619,744
0.46%
Cemetery
$139,845
$135,440
$88,000
-37.07%
$2,658,675
$2,082,618
$584,878
-78.00%
$207,865
$207,871
$201,665
-2.98%
Commuter Parking
Group Dental Insurance
$669,540
$849,540
$662,683
-1.02%
Police Pension
Workers Compensation
$2,519,790
$2,684,764
$2,776,115
10.17%
Fire Pension
$1,409,625
$1,372,425
$1,521,520
7.94%
$140,426,750
$120,715,231
$120,874,936
-13.92%
Total Expenditures
City of Geneva | Fiscal Year 2027
Page 37
Capital Improvement Plan
Table of Contents
40
City of Geneva | Fiscal Year 2027
Page 38
One Year Plan
Table of Contents
41
One Year Plan
FY 2027 Total Capital Requested
$30,347,077
FY 2027 Total Funding Requested
$30,347,077
FY 2027 Total Funding Requested by Source
30.3M
235 – Restricted Police Fines
240 – PEG Fund
410 – General Capital Projects Fund
415 – Infrastructure Capital Projects
Fund
420 – Prairie Green Fund
425 – TIF #2 Fund
426 – TIF #3 Fund
430 – Capital Equipment Fund
620 – Electric Fund
630 – Water/Wastewater Fund
660 – Commuter Parking Fund
City of Geneva | Fiscal Year 2027
$40,000 0.13%
$50,525 0.17%
$2,840,415 9.36%
$3,769,405 12.42%
$30,000 0.10%
$3,791,505 12.49%
$2,465,117 8.12%
$804,400 2.65%
$3,674,700 12.11%
$12,871,010 42.41%
$10,000 0.03%
Page 39
One Year Plan
Table of Contents
42
FY 2027 Total Funding Requested by Department
30.3M
City Administrator's Office
Community Development
Economic Development
Electric
Engineering
Expenditures
Fire
Information Technology
Police
Public Works
Streets
Water & Wastewater
City of Geneva | Fiscal Year 2027
$1,056,000 3.48%
$70,000 0.23%
$1,376,500 4.54%
$2,860,000 9.42%
$572,000 1.88%
$10,000 0.03%
$149,500 0.49%
$177,035 0.58%
$560,415 1.85%
$11,065,127 36.46%
$490,000 1.61%
$11,960,500 39.41%
Page 40
Multi-Year Plan
Table of Contents
43
Capital Improvement Multi-Year Plan
FY 2027 - FY 2028 Total Funding Requested by Department
$60M
$46M
$46M
$40M
$30M
$20M
0
2027
Funding by Department Totals (all years)
City Administrator's Office
Community Development
Economic Development
Electric
Engineering
Expenditures
Fire
Information Technology
Police
Public Works
Streets
Water & Wastewater
City of Geneva | Fiscal Year 2027
2028
$2,056,000 2.69%
$70,000 0.09%
$1,424,750 1.87%
$6,216,800 8.15%
$8,672,000 11.36%
$10,000 0.01%
$220,500 0.29%
$508,450 0.67%
$560,415 0.73%
$12,953,757 16.98%
$720,000 0.94%
$42,893,500 56.21%
Page 41
Multi-Year Plan
Table of Contents
44
FY 2027 - FY 2028 Total Funding Requested by Source
$60M
$48M
$48M
$40M
$30M
$20M
0
2027
2028
Funding by Source Totals (all years)
235 – Restricted Police Fines
240 – PEG Fund
410 – General Capital Projects Fund
415 – Infrastructure Capital Projects
Fund
420 – Prairie Green Fund
425 – TIF #2 Fund
426 – TIF #3 Fund
430 – Capital Equipment Fund
620 – Electric Fund
630 – Water/Wastewater Fund
660 – Commuter Parking Fund
$40,000 0.05%
$62,425 0.08%
$3,455,415 4.42%
$13,347,170 17.07%
$30,000 0.04%
$5,249,607 6.72%
$3,521,541 4.50%
$1,194,915 1.53%
$7,491,490 9.58%
$43,769,010 55.99%
$10,000 0.01%
FY 2027 - FY 2028 Capital Cost Breakdown
$30M
2027
$46M
$46M
2028
0
$10M
$20M
Capital Cost Totals (all years)
Capital Costs
Operational Costs
City of Geneva | Fiscal Year 2027
$30M
$40M
$50M
$76,306,172 100.00%
$0
0.00%
Page 42
CIP by Account
Table of Contents
45
Capital Improvement Plan - Project Types
FY 2027 - FY 2028 Capital Costs By Project Type
76.3M
810 – Buildings & Improvements
815.05 – Improvements Other Than
Buildings - Other
815.10 – Improvements Other Than
Buildings - Streets
815.15 – Improvements Other Than
Buildings - Storm Sewers
815.25 – Improvements Other Than
Buildings - Electric System
815.30 – Improvements Other Than
Building - Water System
815.35 – Improvements Other Than
Buildings - Sewer System
815.40 – Improvements Other Than
Buildings - Parking Lots
820 – Machinery & Equipment
825 – Vehicles
835 – Computers and Related
Equipment
$2,966,000 3.89%
$2,214,750 2.90%
$20,263,757 26.56%
$530,000 0.69%
$5,446,800 7.14%
$2,164,000 2.84%
$39,243,000 51.43%
$270,000 0.35%
$1,614,915 2.12%
$804,500 1.05%
$788,450 1.03%
810 – Buildings & Improvements
Project No. / Category
FY2027
FY2028
Total
810
City Wide Facility Repairs
$750,000
$1,000,000
$1,750,000
810
Decommission CH Stair Lift
$6,000
$0
$6,000
810
Fire Station 2 Sanitary Drain Repair
$50,000
$0
$50,000
810
Green Initiative - PW LED Lighting
$5,000
$5,000
$10,000
810
Paint - Apparatus Bay Doors
$10,000
$0
$10,000
810
Police Building General
$200,000
$0
$200,000
810
Public Works Team Goals
$45,000
$45,000
$90,000
810
PW Front Office HVAC Replacement
$771,000
$0
$771,000
810
PW South Office HVAC System
$41,000
$0
$41,000
Improvements
Replacement - Architect Design &
Bid Documents
810
Studio Upgrades - via PEG Funds
$20,000
$0
$20,000
810
Wastewater Plant Sump Pump & Pit
$8,000
$0
$8,000
Improvements
City of Geneva | Fiscal Year 2027
Page 43
CIP by Account
Table of Contents
46
Project No. / Category
FY2027
FY2028
Total
810
$10,000
$0
$10,000
$1,916,000
$1,050,000
$2,966,000
Water Plant Administration Area
Painting
Total 810 – Buildings & Improvements
815.05 – Improvements Other Than Buildings - Other
Project No. / Category
FY2027
FY2028
Total
815.05
$100,000
$100,000
$200,000
$25,000
$25,000
$50,000
$30,000
$30,000
$60,000
Annual Sidewalk Improvement
Program
815.05
Annual Streetscape & Median
Maintenance Program
815.05
Annual Tree Maintenance Program
815.05
Annual Tree Replacement Program
$75,000
$75,000
$150,000
815.05
Comprehensive Plan Update Part 2
$200,000
$0
$200,000
of 2
815.05
Downtown Market Pavilion
$1,376,500
$48,250
$1,424,750
815.05
Facility Master Plan Continued
$100,000
$0
$100,000
815.05
Prairie Green Barn Demolition
$30,000
$0
$30,000
$1,936,500
$278,250
$2,214,750
Project No. / Category
FY2027
FY2028
Total
815.10
Annual Pavement Markings Program
$100,000
$100,000
$200,000
815.10
Annual Roadway Infrastructure
$50,000
$2,500,000
$2,550,000
$9,068,142
$1,843,630
$10,911,772
$679,985
$0
$679,985
Total 815.05 – Improvements Other Than Buildings Other
815.10 – Improvements Other Than Buildings - Streets
Program
815.10
East State Street - Construction
815.10
Kautz Road Reconstruction
815.10
PCI Pavement Survey
$150,000
$0
$150,000
815.10
South and South 7th Street
$272,000
$5,500,000
$5,772,000
$10,320,127
$9,943,630
$20,263,757
Project No. / Category
FY2027
FY2028
Total
815.15
$80,000
$0
$80,000
$100,000
$100,000
$200,000
$100,000
$150,000
$250,000
$280,000
$250,000
$530,000
Project No. / Category
FY2027
FY2028
Total
815.25
$100,000
$100,000
$200,000
Improvements
Total 815.10 – Improvements Other Than Buildings Streets
815.15 – Improvements Other Than Buildings - Storm Sewers
Scott Boulevard/West Street
Detention Pond Improvements
815.15
Storm Sewer Infrastructure
Improvements (Misc. Drainage
Projects)
815.15
Storm Sewer Infrastructure
Rehabilitation Program
Total 815.15 – Improvements Other Than Buildings Storm Sewers
815.25 – Improvements Other Than Buildings - Electric System
Annual Electric Generation
Equipment
815.25
Annual Line Supplies
$560,000
$576,800
$1,136,800
815.25
East State Street - Concrete Vault Lid
$40,000
$0
$40,000
815.25
Electric Meter Replacement
$10,000
$10,000
$20,000
815.25
Fiber Optic Installation to Kautz Rd
$75,000
$0
$75,000
Sub
City of Geneva | Fiscal Year 2027
Page 44
CIP by Account
Table of Contents
47
Project No. / Category
FY2027
FY2028
Total
$1,000,000
815.25
Keslinger Road Substation Upgrades
$300,000
$700,000
815.25
LED Street Light Stock
$100,000
$100,000
$200,000
815.25
Replace motor operated switch at
$125,000
$0
$125,000
815.25
Substation Improvements
815.25
Underground Cable Replacement
815.25
Voltage Conversion
Kesling Substation
Total 815.25 – Improvements Other Than Buildings -
$100,000
$100,000
$200,000
$1,000,000
$1,250,000
$2,250,000
$100,000
$100,000
$200,000
$2,510,000
$2,936,800
$5,446,800
Electric System
815.30 – Improvements Other Than Building - Water System
Project No. / Category
FY2027
FY2028
Total
815.30
$150,000
$0
$150,000
Convert Well #9 from ComEd to City
of Geneva Electric
815.30
Fire Hydrant Replacement Program
$25,000
$27,000
$52,000
815.30
Lead Service Line Transition Plan
$30,000
$30,000
$60,000
Engineering
815.30
Lead Water Service Replacement
$50,000
$660,000
$710,000
815.30
Mainline Water Valve Replacement
$15,000
$15,000
$30,000
Program
815.30
Other Water Main Replacement
$150,000
$0
$150,000
815.30
Reverse Osmosis Membrane Filter
$185,000
$195,000
$380,000
$10,000
$12,000
$22,000
$80,000
$80,000
$160,000
Replacement
815.30
Sand Filter Manway Hatches
Replacement
815.30
Water Main Replacement Design
Engineering Projects B
815.30
Water Meter Replacement Program
$50,000
$50,000
$100,000
815.30
Water Meters for New Construction
$15,000
$15,000
$30,000
Program
815.30
Water System Leak Survey Program
815.30
Water System Model Update
Total 815.30 – Improvements Other Than Building -
$35,000
$35,000
$70,000
$0
$250,000
$250,000
$795,000
$1,369,000
$2,164,000
Water System
815.35 – Improvements Other Than Buildings - Sewer System
Project No. / Category
FY2027
FY2028
Total
$0
$787,000
$787,000
Sanitary Sewer Rehabilitation
$280,000
$280,000
$560,000
Sanitary Sewer River Crossing &
$560,000
$0
$560,000
$8,756,000
$0
$8,756,000
$40,000
$40,000
$80,000
$0
$1,500,000
$1,500,000
$500,000
$0
$500,000
$0
$26,500,000
$26,500,000
$10,136,000
$29,107,000
$39,243,000
815.35
River Crossing Engineering
815.35
815.35
Screening - Building Construction
Engineering
815.35
Sanitary Sewer River Crossing
Construction
815.35
Wastewater Treatment Plant
Digester Gas Piping Replacement
815.35
Wastewater Treatment Plant Solids
Handling Construction Engineering
815.35
WWTP Secondary Intensification
Design
815.35
WWTP Solids Handling Improvement
Total 815.35 – Improvements Other Than Buildings Sewer System
City of Geneva | Fiscal Year 2027
Page 45
CIP by Account
Table of Contents
48
815.40 – Improvements Other Than Buildings - Parking Lots
Project No. / Category
FY2027
FY2028
Total
815.40
Commuter Lot Lighting
$10,000
$0
$10,000
815.40
Parking Garage Traffic Topping &
$260,000
$0
$260,000
$270,000
$0
$270,000
Improvements
Total 815.40 – Improvements Other Than Buildings Parking Lots
820 – Machinery & Equipment
FY2027
FY2028
Total
820
Project No. / Category
Annual Fire Hose Replacement
$6,000
$6,000
$12,000
820
Annual Small Equipment
$30,000
$30,000
$60,000
$20,000
$20,000
$40,000
Replacement
820
Annual Special Teams Equipment
Replacement
820
Backhoe 1112
820
Digester Gas Compressor System
$0
$125,000
$125,000
$120,000
$0
$120,000
$13,000
$0
$13,000
Replacement
820
Digester Waste Gas Pressure Relief
and Flame Trap Assembly
Replacement
820
Generator Replacement Carry-Over
$117,915
$0
$117,915
820
Grit Classifier Replacement at the
$105,000
$0
$105,000
Wastewater Plant
820
Handheld Squad Car Radar
$10,000
$0
$10,000
820
Kautz Rd. Sanitary Lift Station
$175,000
$0
$175,000
$20,000
$0
$20,000
Improvements
820
Night Vision Headgear for SWAT
Operator
820
Personal Protective Equipment (PPE)
$35,000
$45,000
$80,000
820
Replacement Foam and New Foam
$10,000
$0
$10,000
820
Replacement of 4-inch Trash Pumps
820
Replacement of Flame Arrestor
Systems
$0
$6,000
$6,000
$25,000
$0
$25,000
$75,000
$85,000
$160,000
$30,000
$32,000
$62,000
$18,500
$0
$18,500
Assemblies at Wastewater Plant
820
Replacement of the Motor Control
Center on shallow well sites
820
Replacement of Water Plant RO Flow
Meters
820
Replacement Rescue Airbags
820
Reverse Osmosis Flow Control Units
$32,500
$40,000
$72,500
820
Rifle Rated Ballistic Shield-Patrol
$10,000
$0
$10,000
820
Sewer Line Assessment Tool
$40,000
$0
$40,000
820
Taser 7-Non-Conducted Energy
$28,000
$0
$28,000
820
Thickened WAS Transfer Pump
$24,000
$0
$24,000
Device
Repairs at the Wastewater Plant.
820
Truck 1123 Lift Gate
$15,000
$0
$15,000
820
Tyler Records Management -
$100,000
$0
$100,000
Upgrade
820
WALS Pump - Replacement
$60,000
$0
$60,000
820
Wastewater Composite Samplers
$20,000
$0
$20,000
820
WTP Filter Actuator Valve
$42,000
$44,000
$86,000
$1,181,915
$433,000
$1,614,915
Replacement
Total 820 – Machinery & Equipment
City of Geneva | Fiscal Year 2027
Page 46
CIP by Account
Table of Contents
49
825 – Vehicles
Project No. / Category
FY2027
FY2028
Total
825
2026 Police F-150
$74,500
$0
$74,500
825
Community Development Vehicle
$35,000
$0
$35,000
$35,000
$0
$35,000
$120,000
(#5119)
825
Community Development Vehicle
(#5120)
825
Service Truck 1003
$0
$120,000
825
Service Truck 1114
$0
$140,000
$140,000
825
Upfit of Single Axle Dump Trucks
$350,000
$0
$350,000
825
Utility Locator Vehicle (#2016)
$50,000
$0
$50,000
$544,500
$260,000
$804,500
Project No. / Category
FY2027
FY2028
Total
$157,035
$81,415
$238,450
$0
$250,000
$250,000
$200,000
$0
$200,000
$100,000
$0
$100,000
$457,035
$331,415
$788,450
Total 825 – Vehicles
835 – Computers and Related Equipment
835
Annual Computer Replacements
835
Data Center
835
Electric Division Distribution SCADA
835
Electric Division GGF SCADA
upgrade
upgrade
Total 835 – Computers and Related Equipment
City of Geneva | Fiscal Year 2027
Page 47
Supplemental Information
Table of Contents
50
Supplemental Information
City of Geneva | Fiscal Year 2027
Page 48
Full-Time Employee Census
Table of Contents
51
Full-Time Employee Census
Full-Time Employee Census - Authorized
FY
FY
FY
FY
FY
2023
2024
2025
2026
2027
F-T
F-T
F-T
F-T
F-T
FTE*
City Administrator’s Office
4
4
4
4
4
2
Administrative Services
5
5
6
6
6
4
Community Development
9
9
9
9
9
7
Economic Development
3
3
3
3
3
1
Finance
5
5
5
5
5
2
Police
46
46
47
47
48
47
Fire
25
25
25
25
25
36
Public Works
24
24
24
24
24
18
Electric
14
14
15
15
15
26
Water/Wastewater
18
18
18
20
20
23
Miscellaneous Funds
-
-
-
-
-
5
153
153
156
158
159
171
Department
General Fund
Enterprise Funds
Total Full-Time
*FTE estimate based upon fund allocation for wages
Note: As of January 1, 2026, there were 3 full-time vacancies
City of Geneva | Fiscal Year 2027
Page 49
Full-Time Employee Census
Table of Contents
52
Age of Current Full-Time Employees
50
43
43
40
40
40
39
39
30
22
22
20
11
11
10
0
Employees
18-29
City of Geneva | Fiscal Year 2027
30-39
40-49
50-59
60+
Page 50
Classification & Compensation Plan
53
Classification and Compensation Plan
The classification and compensation plan is the formal system for classifying and compensating all unrepresented positions in the City.
This plan establishes a basic salary schedule as approved by the City Council annually. The salary ranges shall include minimum and
maximum rates of pay for all non-union positions.
For FY 2027, non-union employees are eligible for a market adjustment of up to 3.5% based on their current placement within the approved
salary schedule. Employees will also be eligible for a merit increase of up to 3% based on their performance appraisal. Employees whose
pay rate is at or above the maximum of the salary range for any given position are ineligible for a market adjustment, but are eligible to
receive a one-time lump sum payment of up to 2% based on their performance appraisal. Employees who “fail to meet” standards on their
performance evaluation are ineligible for market and/or merit adjustments.
The classification and compensation plan below should be considered a guideline that is subject to funding through the annual budget
process. Questions regarding the plan may be directed to the Human Resources Division.
Grade
15
14
Position
Minimum
Midpoint
Maximum
$
176,964
$
212,357
$
247,750
$
85.0790
$ 102.0948
$
119.1106
Chief of Police
$
144,728
$
173,674
$
202,620
Fire Chief
$
69.5809
$
83.4971
$
97.4134
Deputy Fire Chief
$
131,571
$
157,886
$
184,200
Deputy Police Chief
$
63.2554
$
75.9068
$
88.5577
Assistant Director of Public Works
$
119,611
$
143,533
$
167,455
Superintendent of Electrical Services
$
57.5052
$
69.0061
$
80.5071
City Engineer
$
108,737
$
130,485
$
152,232
Fire Marshal
$
52.2775
$
62.7329
$
73.1884
$
100,180
$
117,635
$
135,154
City Administrator
Director of Public Works
Asst. City Administrator / DOAS
Director of Community Development
Director of Economic Development
Finance Director
13
12
11
Human Resources Manager
Information Technologies Manager
Manager of Electric Operations
Mgr. of Distribution, Construction, & Maint.
Superintendent of Streets & Fleets
Superintendent Water & Wastewater Building Commissi
10
Accounting Supervisor
City of Geneva | Fiscal Year 2027
Classification & Compensation Plan
54
Civil Engineer
$
48.1633
$
56.5553
$
64.9781
Fleet Maintenance Supervisor
$
94,004
$
110,454
$
126,905
Street Maintenance Supervisor
$
45.1942
$
53.1030
$
61.0123
City Planner
$
88,266
$
103,713
$
119,160
GIS Coordinator
$
42.4355
$
49.8621
$
57.2882
Building Inspector
$
82,880
$
97,383
$
111,888
Environmental Compliance Coordinator
$
39.8460
$
46.8188
$
53.7921
Administrative Analyst
$
77,822
$
91,440
$
105,060
Assistant Planner
$
37.4143
$
43.9616
$
50.5095
Community Code Compliance Officer
$
74,138
$
87,112
$
100,087
Executive Assistant/Deputy Clerk
$
35.6433
$
41.8807
$
48.1185
Executive Assistant
$
67,398
$
79,193
$
90,988
GIS Technician
$
32.4030
$
38.0736
$
43.7442
Administrative Assistant
$
61,271
$
71,994
$
82,716
Accounts Payable Specialist
$
29.4572
$
34.6123
$
39.7674
Facilities Manager
9
Supervisor of Maintenance & Customer Service
Supervisor of Water Supply and Treatment
Wastewater Treatment Supervisor
8
IT Analyst
Preservation Planner
Records Manager
7
Lead Water/Sewer Maintenance Worker
Lead WW Treatment Plant Operator
6
Business Development Analyst
Communications Coordinator
Engagement and Inclusion Analyst
5
Fire Prevention Inspector
Wastewater Treatment Operator
Water Treatment Operator
4
Utility Locator
Water/Sewer Maintenance Worker
3
Accounts Receivable Specialist
Business Operations Specialist
Payroll and Benefits Specialist
City of Geneva | Fiscal Year 2027
Classification & Compensation Plan
55
Records Specialist
Utility Billing Specialist
Permit Technician
2
Community Service Officer
Grade
PS1
Grade
PS2
Public Safety
Police Sergeant
Public Safety – Fire
Fire Battalion Chief (2920 annual hours)
City of Geneva | Fiscal Year 2027
$
55,702
$
65,449
$
75,197
$
26.7796
$
31.4660
$
36.1524
Minimum
Midpoint
Maximum
$
131,324
$
133,893
$
145,836
$
63.1365
$
66.6246
$
70.1133
Minimum
Midpoint
Maximum
$
141,502
$
149,905
$
158,350
$
48.4596
$
51.3374
$
54.1297
Appendix
Table of Contents
56
Appendix
City of Geneva | Fiscal Year 2027
Page 54
Acronyms & Glossary
Table of Contents
57
Commonly Used Acronyms
ACFR
Annual Comprehensive Financial Report
ACH
Automated Clearing House
ADA
Americans with Disabilities Act
AED
Automated External Defibrillator
ALS
Advanced Life Support
APWA
American Public Works Association
ARC
Annual Required Contribution
BAN
Bond Anticipation Note
CA
City Administrator
CAC
Cultural Arts Commission
CAD
Computer Aided Design
CFAI
Commission on Fire Accreditation International
CIP
Capital Improvements Program
CMAP
Chicago Metropolitan Agency for Planning
COW
Committee of the Whole
CPI
Consumer Price Index
CRS
Community Rating System
CSO
Community Service Officer
CY
Calendar Year
DNR
Department of Natural Resources
DVP
Delivery-versus-payment
DVR
Digital Video Recorder
EAP
Employee Assistance Program
EAV
Equalized Assessed Valuation
EDD
Economic Development Department
EMS
Emergency Medical Services
EOC
Emergency Operations Center
ERF
Effective Response Force
ERT
Electronic Read Transmitter
ES
Environmental Stewardship
City of Geneva | Fiscal Year 2027
Page 55
Acronyms & Glossary
Table of Contents
58
ES-I
Healthy and vibrant parkway tree canopy
ES-II
City operations reflect respect for the environment
ES-III
Residents actively work with the City to conserve resources
FCC
Federal Communications Commission
FDIC
Federal Deposit Insurance Corporation
FICA
Federal Insurance Contributions Act
FOIA
Freedom of Information Act
FTE
Full-Time Equivalent
FY
Fiscal Year
GAAP
Generally Accepted Accounting Principles
GASB
Governmental Accounting Standards Board
GBN
Geneva Broadcast Network
GBP
Geneva Business Park
GEMA
Geneva Emergency Management Agency
GFOA
Government Finance Officers Association
GGF
Geneva Generation Facility
GIS
Geographic Information System
GPD
Geneva Police Department
HHW
Household Hazardous Waste
HPC
Historic Preservation Commission
IDOL
Illinois Department of Labor
IDOT
Illinois Department of Transportation
IE
Inform and Engage Residents
IE-I
Reliable communications foster public trust
IE-II
Effectively engage the community
IE-III
The City maintains a user-friendly website that serves residents and customers
IEPA
Illinois Environmental Protection Agency
ILEAS
Illinois Law Enforcement Alarm System
IMRF
Illinois Municipal Retirement Fund
IT
Information Technologies
ITEP
Illinois Transportation Enhancement Program
J.U.L.I.E.
Joint Utility Location Information & Excavation System
City of Geneva | Fiscal Year 2027
Page 56
Acronyms & Glossary
Table of Contents
59
KDOT
Kane County Department of Transportation
LAFO
Local Agency Functional Overlay
LEED
Leadership in Energy and Environmental Design
LOIS
Location One Information System
LT
Lieutenant
MABAS
Mutual Aid Box Alarm System
METRA
Metropolitan Rail
MFT
Motor Fuel Tax
MPC
Metropolitan Council
NFPA
National Fire Protection Association
NIMPA
Northern Illinois Municipal Power Agency
NPDES
National Pollutant Discharge Elimination System
OSHA
Occupational Safety & Health Administration
PAFR
Popular Annual Financial Report
PCA
Power Cost Adjustment
PEG
Public, Educational, Government-access
PGEV
Purposeful Growth and Economic Vitality
PGEV-I
A thriving Downtown
PGEV-II
A diverse and resilient economy
PGEV-III
City attracts new investment & redevelopment
PJM
Pennsylvania New Jersey Maryland Interconnection, LLC
POC
Paid on Call
PPE
Personal Protective Equipment
PT
Part Time
PW
Public Works
QIS
Quality Infrastructure and Services
QIS-I
City provides consistent and reliable service
QIS-II
Employer of Choice
QIS-III
Dependable Infrastructure
RFP
Request for Proposal
RFQ
Request for Qualifications
RO
Reverse Osmosis
City of Geneva | Fiscal Year 2027
Page 57
Acronyms & Glossary
Table of Contents
60
ROW
Right of Way
RTA
Regional Transportation Authority
RTO
Regional Transmission Organization
RTU
Remote Terminal Unit
SAWC
Safe, Active, and Welcoming Community
SAWC-I
Housing choices available for all individuals
SAWC-II
A sense of belonging for all
SAWC-III
Safe and connected bike and pedestrian routes
SCADA
Supervisory Control and Data Acquisition
SCBA
Self Contained Breathing Apparatus
SEC
Securities & Exchange Commission
SEMP
Southeast Master Plan
SG
Strong Governance
SG-I
Implementation of the Strategic Plan
SG-II
Enhance financial resiliency
SG-III
Facilities meet community needs
SIPC
Securities Investors Protection Corporation
SKCTA
Southern Kane County Training Association
SPAC
Strategic Plan Advisory Committee
SPCC
Spill Prevention and Countermeasure Plan
SSA
Special Service Area
TARP
Truck Access Route Program
TIF
Tax Increment Financing
TRT
Tactical Response Team
UPRR
Union Pacific Railroad
USEPA
United States Environmental Protection Agency
VFD
Variable Frequency Drive
WRME
Waste Management Renewable Energy
WTP
Water Treatment Plant
WWTP
Wastewater Treatment Plant
City of Geneva | Fiscal Year 2027
Page 58
Acronyms & Glossary
Table of Contents
61
Glossary
Abatement
A complete or partial cancellation of a levy imposed by a government. Abatements usually apply to
tax levies, special assessments, and service charges.
Account
A term used to identify an individual asset, liability, expenditure control, revenue control, or fund
balance.
Accounting System
The total structure of records and procedures which discover, record, classify, summarize and report
information on the financial position and results of operations of a government or any of its funds,
fund types, balanced account groups, or organization components.
Accrual Basis of Accounting
A method of accounting that recognizes the financial effect of transactions, events, and interfund
activities when they occur, regardless of the timing of related cash flows.
Actuarial/Actuary
The methodology or person that makes determinations of required contributions to achieve future
funding levels that address risk and time.
Ad Valorem (Property Tax)
A general tax on all real property not exempt from taxation by law. It is sometimes called an “ad
valorem” property tax, which means (from Latin) it is based on value.
Adopted Budget
The proposed budget as initially and formally approved by the City Council.
Alternative Revenue Bonds
Bonds in which principal and interest are backed by enterprise fund earnings and the full faith & credit
of the City. Traditionally, payments are paid by the enterprise fund.
Amended Budget
The adopted budget as formally adjusted by the City Council.
Amortization
The reduction of debt through regular payments of principal and interest, of which the principal
payments are sufficient to retire the debt instrument at a predetermined date known as maturity.
Appraised Value
The estimate of value for real property, generally for the purpose of taxation.
Appropriation
The legal authorization to incur obligations and to make expenditures for specific purposes.
Arbitrage
Investment earnings representing the difference between interest paid on the bonds and the interest
earned on the investments made utilizing the bond proceeds.
Assessed Value
A value set upon real property for use as a basis for levying taxes.
Assets
Resources owned or held by a government that have monetary value.
Audit
An independent assessment of the fairness by which a company’s financial statements are presented
by its management.
Available Fund Balance
In a governmental fund, the balance of net financial resources that are proposed or approved for
appropriation in the upcoming fiscal year.
Balanced Budget
Total expenditure allocations do not exceed total available resources.
Benefits
Payment to which participants may be entitled under a pension plan, including pension, death, and
those due on termination of employment.
Bond
A written promise, generally under seal, to pay a specified sum of money called the face value, at a
fixed time in the future, called the date of maturity and carrying interest at a fixed rate, usually payable
periodically.
City of Geneva | Fiscal Year 2027
Page 59
Acronyms & Glossary
Table of Contents
62
Bond Anticipation Note (BAN)
Notes issued by the City to obtain temporary financing for projects that will eventually be financed on
a long-term basis (and the BAN repaid) with bonds.
Bond Refinancing
The payoff and re-issuance of bonds, to obtain better interest rates and/or bond conditions.
Bonded Debt
Debt for which general obligation bonds or revenue bonds are issued.
Budget
A plan of financial operation embodying an estimate of proposed expenditures for a given period and
the proposed means of financing them. Used without any modifier, the term usually indicates a
financial plan for a single fiscal year.
Budget Adjustment
A change in budgeted expenditure authority for any City department that does not increase the
published budget authority of any fund.
Budget Amendment
An increase in the approved budget expenditure authority at the fund level for a given year’s budget.
Budget Authority
Authority provided by law that permits City departments to incur obligations requiring either
immediate or future payment of money.
Budget Calendar
The schedule of essential dates or milestones which the City follows in the preparation, adoption, and
administration of the budget.
Budget Deficit
The amount by which the government’s budget outlays exceed its budget receipts for a given period,
usually a fiscal year.
Budget Message
Introductory correspondence document from the City Administrator to City Council that articulates
priorities and issues and describes significant changes in the proposed budget.
Budget Resolution
The official enactment by the City Council to legally authorize City staff to obligate and expend
resources.
Budgetary Basis
This refers to the basis of accounting used to estimate financial sources and uses in the budget. This
generally takes one of three forms: GAAP, cash, or modified accrual.
Budgetary Control
The control or management of a government or enterprise in accordance with an approved budget
for the purpose of keeping expenditures within the limitation of available appropriations and available
revenues.
Building Permit Fees
Revenues derived from the issuance of building permits prior to construction in the City of Geneva.
Business Licenses
Certain businesses within City boundaries must be registered and pay a business license fee. The
cost of the license depends on the type of business and other various factors. This fee is in addition
to other applicable license fee.
Cable Franchise Fee
Franchise tax levied on a cable television company. This fee is assessed at 5% on all cable television
service used and paid for within City limits.
Capital Assets
Assets of long-term character, which are intended to be held or used, such as land, building,
machinery, furniture, and other equipment.
Capital Improvement Fund
A fund established for the purpose of financing capital improvement projects.
Capital Improvement Program
A plan for capital expenditures to be incurred each year over a fixed period of years to meet capital
(CIP)
needs arising from the long-term work program. It sets forth each project and specifies the full
resources estimated to be available to finance the projected expenditures.
Capital Outlay
Expenditures that result in the acquisition of, or addition to, capital assets.
City of Geneva | Fiscal Year 2027
Page 60
Acronyms & Glossary
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63
Capital Projects
Major construction, acquisition, or renovation activities that add value to the City’s physical assets or
significantly increase their useful life. Also called capital improvements.
Carry Over
Year-end savings that may be re-appropriated in the following fiscal year to cover one-time expenses
such as supplies, equipment, or special contracts.
Cash Basis
A basis of accounting in which transactions are recognized only when cash is received or spent.
Chart of Accounts
A listing of the asset, liability, equity, expenditure, and revenue accounts that are used in the
accounting, operations, and budgeting process.
Commodity
An expendable item that is consumable or has a life span of under one year. Examples include office
supplies, repair and replacement parts for equipment, supplies, salt, rock, gasoline, and oil.
Consumer Price Index (CPI)
A statistical description of price levels provided by the US Department of Labor. The index is used as
a measure of the increase in the cost of living (i.e., economic inflation).
Contingency
An appropriation of funds to cover unforeseen events that occur during the fiscal year, such as
emergencies, federal mandates, shortfalls in revenue, and similar eventualities.
Contractual Service
Services rendered to the City by private firms, individuals, or other governmental agencies. Examples
include insurance, utility costs, printing services, and temporary employees.
Debt
An obligation resulting from the borrowing of money or the purchase of goods and services. Debt of
governments include bonds, installment notes or agreements with financial institutions, notes
payable to other government agencies such as the Illinois Environmental Protection Agency (IEPA),
and tax anticipation/cash flow loans.
Debt Limit
The maximum amount of gross or net debt that is legally permitted by Illinois State Statute.
Debt Proceeds from Bonds
Funds available from the issuance of bonds.
Debt Ratio
Total debt divided by total assets.
Debt Service
Expenditures to pay the principal and interest of all bonds and other debt instruments according to a
predetermined payment schedule.
Debt Service Fund
A fund used to account for the accumulation of resources for and the payment of general long-term
debt principal, interest, and related costs.
Deficit
The excess of liabilities over assets, or expenditures over revenues, in a fund over an accounting
period.
Department
The basic organizational unit of the City, which is functionally unique in its services.
Depreciation
A calculation of the estimated decrease in value of physical assets due to usage and passage of
time.
Disbursement
The expenditure of monies from an account.
Distinguished Budget
A voluntary program administered by the Government Finance Officers Association to encourage
Presentation Program
governments to publish efficiently organized and easily readable budget documents, providing peer
recognition and technical assistance to the fiscal officers preparing them.
Division
An organizational unit of the City that reports to a department.
Employee (or Fringe) Benefits
Contributions made by the City to employees in addition to compensation. Included are the City’s
share of costs for Social Security and the various pension, medical, and life insurance plans.
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Encumbrance of Accounting
Refers to an accounting system in which purchase orders, contracts, and other commitments for the
expenditures of monies are recorded in order to reserve that portion of the applicable appropriation.
Enterprise Funds
Enterprise funds are used to account for operations: (a) that are financed and operated in a manner
similar to private business enterprise
Equalized Assessed Valuation
The assessed valuation of real property raised or lowered by an equalizing factor as applied by a
(EAV)
countywide and a statewide authority, so that all property is assessed at a consistent level for
purposes of levying taxes. In Illinois, equalized valuation of real property is one-third of fair market
value.
Expenditure
The actual outlay of or obligation to pay cash. This does not include encumbrances.
Expenses
Decreases in net total assets. Expenses represent the total cost of operations during a period
regardless of the timing of related expenditures.
Fiduciary Funds
Funds established to account for assets held by the City in the capacity of a trustee or an agent.
Fiscal Policy
The City’s policy with respect to revenues, spending, and debt management as these relate to City
services, programs, and capital investment. Fiscal policy provides an agreed-upon set of principles
for the planning and programming of the City’s budget and its funding.
Fiscal Year
Defined as the twelve-month accounting period running from May 1 through April 30, and designated
by the calendar year in which it ends.
Fleet
The vehicles owned and operated by the City.
Forecast
A projection of future revenues and/or expenses based on historical and current economic, financial
and demographic information.
Forfeiture
The automatic loss of property, including cash, as a penalty for breaking the law or as compensation
for losses resulting from illegal activity. Once property has been forfeited, the City may claim it,
resulting in confiscation of the property.
Full Faith and Credit
A pledge of the City’s taxing power to repay debt obligations.
Full-Time Equivalent (FTE)
The number of positions calculated on the basis that one FTE equates to a 40-hour workweek for
twelve months. For example, two part-time positions working 20 hours for twelve months equals one
FTE.
Functional Classification
A means of presenting budgetary data in terms of the major purposes being served. Each program or
activity is placed in the same category (e.g. administration, fire, police) that best represents its major
purpose, regardless of the spending agency or department.
Fund
A fiscal and accounting entity with a self-balancing set of accounts, recording cash and other
financial resources, together with all related liabilities and residual equities or balances and changes
therein, which are segregated for the purpose of carrying on specific activities or attaining certain
objectives in accordance with special regulations, restrictions or limitations.
Fund Accounting
The accounts of the City are organized on the basis of funds and account groups, each of which is
considered a separate accounting entity. The operations of a fund are accounted for with separate
sets of self-balancing accounts that comprise its asset, liability, fund equity, revenue, and expenditure
accounts, as appropriate. Government resources are allocated to and accounted for in individual
funds based upon the purpose for which they are to be spent and the means by which spending
activities are to be controlled.
Fund Balance
The fund equity of governmental funds.
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Fund Equity
An equity account reflecting the unreserved accumulated earnings of the Enterprise Funds.
General Fund
The General Fund is the general operating fund of the City. It is used to account for all financial
resources except those required to be accounted for in another fund.
General Obligation Bonds
Bonds in which the full faith and credit of the issuing government are pledged.
General Revenue
The revenues of a government other than those derived from the retained earnings of an enterprise
fund. If a portion of the net income in an enterprise fund is contributed to another non-enterprise
fund, such as the corporate fund, the amounts transferred constitute general revenue of the
government.
Generally Accepted Accounting
Uniform standards and guidelines to financial accounting and reporting.
Principles (GAAP)
Geneva Emergency
A volunteer agency of the City to assist City Departments and the general public in the case of an
Management Agency (GEMA)
emergency, natural disaster, or other appropriate situation where their skills and resources would be
needed.
Goal
A statement of broad direction, purpose, or intent based on the needs of the community.
Government Finance Officers
Professional organization whose mission is to advance excellence in public finance.
Association (GFOA)
Governmental Accounting
The composite of analyzing, recording, summarizing reporting, and interpreting the financial
transactions of governmental units and agencies.
Governmental Funds
General, Special Revenue, Debt Service, and Capital Project funds.
Grant
A contribution by one government unit to another. The contribution is usually made to aid in the
support of a specified function.
Hotel/Motel Tax
For all hotels/motels conducting business within City limits, a 5.0% tax on all room rental receipts
must be paid.
Inflation
A substantial rise in the general level of prices related to an increase in the volume of money,
resulting in the loss of value of currency.
Infrastructure
Public domain capital assets including: roads, curbs, gutters, sidewalks, drainage systems, lighting
systems, and other items that have value only to the City.
Interfund Transfers
Legally authorized transfers from a fund receiving revenue to the fund through which the resources
are to be expended.
Intergovernmental Revenue
Revenue received from or through the Federal, State, County, local, or other Government.
Internal Billing
Accounting transactions that recover the expenses of one fund from another fund that received the
service.
Internal Service Fund
A fund used to account for the financing of goods or services provided by one department or agency
to other departments or agencies.
Investments
Cash held in interest-bearing accounts, securities, and real estate held for the production of revenues
in the form of interest, dividends, rentals, or lease payments. The term does not include capital assets
used in governmental operations.
Levy
To impose taxes for the support of government activities.
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Liability
Debt or other obligations arising in the past, which must be liquidated, renewed, or refunded at some
future date.
Line Item Budget
A budget that allocates funds to specific cost centers, accounts, or objects (e.g., salaries and office
supplies).
Liquor License
A fee assessed to any business selling alcoholic beverages within the City limits. The fee is
dependent upon the class of the liquor license sought.
Long-Term Debt
Bonded debt and other long-term obligations, such as benefit accruals, due beyond one year.
Mandate
A requirement from a higher level of government that a lower level of government perform a task in a
particular way or by a particular standard.
Materials and Supplies
Expendable materials and operating supplies necessary to conduct departmental operations.
Miscellaneous Revenue
Those revenues that are small in value and not individually categorized.
Mission Statement
The statement that identifies the particular purpose and function of a department.
Modified Accrual Basis of
Basis of accounting in which: (a) revenues are recognized in the accounting period in which they
Accounting
become available and measurable; and (b) expenditures are recognized in the accounting period in
which the fund liability is incurred, if measurable, except for unmatured interest on general long-term
debt and certain similar accrued obligations, which is recognized when due.
Municipal Code
A collection of laws, rules, and regulations that apply to the City and its Citizens.
Net Income
Proprietary funds in excess of operating revenues, non-operating revenues and transfers-in over
operating expenses, non-operating expenses and transfers-out.
Non-Home Rule Sales Tax
A non-home rule municipality may impose a tax upon all persons engaged in the business of selling
tangible personal property at retail in their jurisdiction. The City has a non-home rule sales tax of 1.0
% of which 0.5% is restricted to infrastructure.
Operating Budget
A financial plan that presents proposed expenditures for the fiscal year and estimates the revenues to
fund them.
Operating Expenses
Fund expenses that are ordinary, recurring in nature, and directly related to the fund’s primary service
activities.
Operating Revenues
Funds that the City receives as income to pay for ongoing operations. It includes such items as taxes,
fees from specific services, interest earnings, and grant revenues. Operating revenues are used to pay
for day-to-day services.
Ordinance
A formal, legislative enactment by the City that carries the full force and effect of the law within
corporate boundaries of the City, unless in conflict with any higher form of law such as state or
federal.
Outlays
Checks issued, interest accrued on public debt or other payments made, offset by refunds and
reimbursements.
Pension Fund
These accounts are specific to the City’s contributions to police and fire pensions. The amount
budgeted is the actuarial amount calculated to be paid to each pension plan for the normal pension
costs as well as to gradually fund the unfunded liabilities in each pension plan.
Pension Trust Fund
A trust fund used to account for public employee retirement systems. Pension trust funds are
accounted for in essentially the same manner as proprietary funds, but with an important expanded
emphasis on required net position reserves.
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Per Capita
A measurement of the proportion of some statistic to an individual resident determined by dividing
the statistic by the current population.
Performance Measure
A quantitative or qualitative indicator used to assess how effectively an organization, program, or
service is achieving its goals. It provides data to track progress, evaluate efficiency, and improve
decision-making.
Performance Measures -
Measure the cost per unit of output or outcome, providing insight into resource utilization and
Efficiency
operational efficiency.
Performance Measures -
Provides context regarding environmental or external factors that may influence an organization's
Explanatory
performance. This information helps ensure a comprehensive understanding of reported measures
and highlights variables that may affect outcomes.
Performance Measures - Input
Represent the resources—financial or otherwise—allocated to a specific service or program. These
may include labor, materials, equipment, and supplies. Additionally, the demand for governmental
services can be considered an input indicator.
Performance Measures -
Assess the effectiveness and impact of a program by evaluating whether the intended results have
Outcome
been achieved. These measures reflect the overall success and effectiveness of service delivery.
Performance Measures -
Indicate the quantity of units produced or services delivered by a program or service. Examples
Output
include the number of products or services provided, the number of customers served, and the level
of activity required to deliver services.
Personal Property Replacement
Revenues collected by the state of Illinois and paid to local governments to replace money that was
Tax (PPRT)
lost by local governments when their powers to impose personal property taxes on corporations,
partnerships, and other business entities were taken away. In 1979, a law was enacted to provide for
statewide taxes to replace the monies lost to local governments.
Personnel Services
Items of expenditures in the operating budget for wages and benefits paid for services performed by
City employees.
Photovoltaics
Field of semiconductor technology involving the direct conversion of electromagnetic radiation as
sunlight, into electricity.
Productivity
A measure of the increase of service output of City programs compared to the per unit of resource
input invested.
Property Tax
A tax that is based on a property’s value imposed by the local government taxing districts (e.g.,
school districts, municipalities, counties) and administered by local officials (e.g., township
assessors, chief county assessment officers, local boards of review, county collectors). The term
Property Tax is used to describe all revenues received in a period from property taxes, both current
and delinquent, including all related penalties and interest.
Proprietary Fund
Enterprise and internal service funds that are similar to corporate funds in that they are related to
assets, liabilities, equities, revenues, expenses, and transfers determined by a business or quasibusiness activity.
Reserve
(1) An account used to earmark a portion of a fund balance to indicate that it is not appropriate for
expenditure; and (2) an account used to earmark a portion of fund equity as legally segregated for
specific future use.
Resolution
A formal expression of the opinion or will of the City, or a statement of policy adopted by a vote of the
City Council.
Restitution
Revenues collected in payment for damage to City property.
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Revenue Bonds
Bonds in which principal and interest are paid exclusively from enterprise fund earnings.
Revenues
Money received into a fund from outside the fund that, together with fund balances, provide the
financial resources for a given fiscal year.
Sales Tax
Tax imposed on taxable sales of all final goods. The City automatically receives a 1% retailer’s
occupation tax which is collected and distributed by the State for all purchases at businesses within
City limits.
Special Assessment
A compulsory levy made against certain properties to defray part or all of the cost of a specific
improvement or service deemed to primarily benefit those properties.
Special Assessment Funds
A fund used to account for the financing of public improvements or services deemed to benefit the
properties against which special assessments are levied.
State Shared Revenue
Includes the City’s portion of state sales tax revenues and state income tax receipts.
Strategic Objectives
Something to be accomplished in specific, well-defined, and measurable terms and is achievable
within a specific time frame.
Tax Increment Financing (TIF)
A method of financing used as an economic development tool established in accordance with state
statute that allows future gains in incremental property tax revenue from a designated area to
subsidize improvements within the same area by creating its own revenue stream.
Tax Levy
The total amount to be raised by general property taxes for a purpose specified in the tax levy
ordinance.
Tax Rate Limit
The maximum rate at which a government may levy a tax. Overall tax rate limits usually restrict levies
for all purposes and of all governments, state and local, having jurisdiction in a given area.
Taxes
Compulsory charges levied by a government for the purpose of financing services performed for the
common public benefit. This term does not include specific charges made against particular persons
or property for current or permanent benefits such as special assessments.
Telecommunications Tax
This tax of 6.0% is assessed on all local, intrastate, and interstate telecommunications services
which either originate or are received within City boundaries.
User Charges or Fees
The payment of a fee for direct receipt of public service by the party benefiting from the service.
Variable Rate
A rate of interest subject to adjustment.
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Preserving
History.
Building the
Future.
Mayor
Kevin Burns
Alderpersons
Ward 1
Anaïs Bowring
William Malecki
Ward 2
Richard Marks
Brad Kosirog
Ward 4
Ward 5
Martha Paschke
Amy Mayer
Mark Reinecke
Jeff Palmquist
Ward 3
Larry Furnish
Dean Kilburg
City of Geneva I 22 S. First St. I Geneva, IL 60134 I 630-232-7494
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- Agenda Watch · Sep 29, 2026
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Record history
Every change to this record, logged as it happened.
- Sep 29, 2026 Filed on the Docket
- Sep 29, 2026 Full document archived — public record
← The full Docket · every meeting, vote, and action on the permanent record · also in the National Record Index.