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HomeMy WebLinkAboutRes 46-77 12/20/1977 /~ .~. RESOLUTION NO. 46-77 A RESOLUTION MAKING CERTAIN APPROPRIATION TRANSFERS WITHIN THE ANNUAL BUDGET ADOPTED FOR FISCAL 1977-78 WHEREAS, the Mayor and Board of Trustees of the Village of Mount Prospect have passed and approved Ordinance No. 2342, which set the finances of the Village under the "Budget Officer System"; and WHEREAS, pursuant to the aforesaid Ordinance and the statutes of the State of Illinois made and provided, an annual budget for 1977-78 was passed by the Corporate Authorities of the Village of Mount Prospect by Resolution 10-77 on April 26, 1977; and WHEREAS, said budget has heretofore been amended by Resolution No. 23-77 passed on June 7, 1977, Resolution 29-77 passed on August 2, 1977 and Resolution 33-77 passed on September 6, 1977 by the Corporate Authorities of the Village of Mount Prospect and WHEREAS, the Mayor and Board of Trustees of the Village of Mount Prospect have reviewed certain transfers and additions to the aforesaid budget for 1977-78 and WHEREAS, the Mayor and Board of Trustees of the Village of Mount Prospect believe the following changes for fiscal 1977-78 to be in the best interests of the Village of Mount Prospect: NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the fiscal 1977-78 budget for the Village of Mount Prospect, Illinois is hereby amended as follows: Original Item Budgeted Amount Transferred To From Revised Item Budgeted WATERWORKS & SEWERAGE FUND: 120 OVERHEAD 250 Share +3 Purchase Chicago Water $ $ 10,000 $ $ 10,000 160 RESERVE REQUIREMENTS 513A Reserve Bond Account $ 20,400 $ 225,139 $ $ 245,539 SECTION TWO: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: NAYS: ABSENT: 6 o 1 PASSED and APPROVED this 20th day of December , 1977 ATTEST: ~1-~ # /i:~~ Mayor dlnUJ// uJ 0f~ ~ _ / Village Clerk