A plan which could bring long-term savings for DeKalb property taxpayers will be discussed at tonight’s meeting of the DeKalb City Council.

First Ward Alderman Ron Matekaitis said Illinois requires city governments to make an “actuarial analysis” of city tax revenues to ensure that enough money is being committed into the city’s police and fire pension funds.

State actuarial agencies tend to allow for an excess of money to be tied up in these funds, sometimes leaving thousands of dollars unused. Private firms put less money in the pension funds, freeing the money for use in other areas.

Since the state has only two actuarial agencies for all city governments, the state has allowed city governments to hire private firms for the past several years. The council will discuss hiring the Wyatt Company to make these studies.

It will cost the city $3,900 to $5,900 for the Wyatt Co. actuarial analysis. However, the investment will bring long-term savings to property taxpayers of up to $100,000 annually.

Also being discussed by the council will be a request by Kishwaukee Development Corporation to subdivide its land located at the southwest corner of Bethany Road and Greenwood Acres Drive. The company wants to divide the land so a portion can be sold.

Although not currently within city limits, the new owner of the land will petition the council for inclusion into the City of DeKalb, said City Manager Mark Stevens. The buyer of the land intends to petition for land re-zoning for the construction of a professional office, Stevens said.

Tonight’s council also will discuss dividing a two-lot subdivision at the DeKalb-Taylor Municipal Airport, 2200 Pleasant Street. The DeKalb Corporation is asking the council for approval of the subdivision in order to sell one of the lots.