HomeMy WebLinkAboutOrd 4764 11/21/1995 ORDINANCE NO, 4764
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE EIGHT-MONTH FISCAL YEAR
COMMENCING MAY 1, 1995 TO DECEMBER 31, 1995
Passed and approved by
the President and Board of Trustees
the 21st day of November , 1995
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
21st day of November , 1995.
ORDINANCE NO. 4764
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE EIGHT-MONTH FISCAL YEAR COMMENCING
MAY 1, 1995 TO DECEMBER 31, 1995
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and
approved Ordinance No. 2342 which sets 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 an annual
budget for the eight-month fiscal year commencing May 1, 1995 to December 31, 1995 was adopted
through the passage of Ordinance No. 4719 ~pproved by the corporate authorities of the Village of
Mount Prospect on April 18, 1995; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have reviewed
certain additions and changes to the aforesaid budget for fiscal year commencing May 1, 1995 to
December 31, 1995; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the
changes, as specified on the attached May 1, 1995 to December 31, 1995 Budget Amendment No. 1,
to be in the best interest of the Village of Mount Prospect.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That the eight-month fiscal year budget for May 1, 1995 to December 31, 1995
for the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No. 1
attached hereto.
SECTION TWO: That this Ordinance shall be in full force and effect from and after its passage,
approval and publication in pamphlet form as provided by law.
AYES: Clowes, Corcoran, Hoefert, Skowron, Wilks
NAYS: Hendricks
ABSENT: None
PASSED and APPROVED this 21st day of November, 1995.
ATTEST: Village ~esidem~
Carol A. Fields
Village Clerk
VILLAGE OF gIOUNT PROSPECT ~
May 1 - December 31, 1995 Budget Amendment No. 1
November 15, 1~95
Expenditures
Original Amended
Budget Increase Budget
Amount (Decrease) Amount
Refuse Disposal Fund
035601-544850 $/F Refus¢ Collection $ 334,245 $ 200,000 $ 534,245
035601-544855 M/F Refuse Collection 125,000 75,000 200,000
035601-540860 Brush Collection 62,780 25,000 87,780
035601-540865 Refuse Collection/Stickers 165,000 50,000 215,000
035601-540875 Tipping Fees - SWANCC 579,600 200,000 779,600
035601-544877 Fixed Fees - $WANCC 175,000 175,000
035601-540895 Recyling 223,735 25,000 248,735
Refuse Disposal Fund Changes 1,490,360 750,000 2,240,360
All Other Refuse Disposal Fund 100,165 100,165
Amended Refuse Disposal Fund 1,590,525 750,000 2,344,525
Downtown Redevelopment Fund
557703-690078 Elmhurst Street Imprv 75,000 75,000
All Other Dfr Redevlp Fund 235,800 235,800
Amended D/T Redevlp Fund 235,800 75,000 310,800
Vehicle Replacement Fund
677709-660018 5 Police Vehicle Repl 75,000 75,000
All Other Vehicle Repl Fund 824,200 824,200
Amended Vehicle Repl Fund 824,200 75,000 899,200
Street Imprv Const Fund
567706-800041 1994 G. O. Bonds - Street 144,000 140,000
All Other Street Imprv Const 4,463,000 4,463,000
Amended Street Imprv Const 4,463,000 144,000 4,603,000
Fire Pension Fund
728203-530100 Retirement Pensions 300,000 200,000 500,000
All Other Fire Pension Fund 244,250 244,250
Amended Fire Pension Fund 544,250 200,000 744,250
: /~"'~' VILLAGE OF MOUNT PROSPECT
May 1 - December 31, 1995 Budget Amendment No. 1
November 15, 1995
Expenditures
Original Amended
Budget Increase Budget
Amount {Decrease) Amount
Benefit Trust Fund No. 2
738201-530200 Disability Pension 17,805 15,000 32,805
Mount Prospect Library Fund
959502-900100 Library Administration 1,459,500 {1,459,500)
959502-900110 Library - Salaries 1,602,000 1,602,000
959502-900120 Library - IMRF Pension 170,000 70,000 240,000
959502-900130 Library - Medical Insurance 110,000 110,000
959502-900140 Library - Postage Printing 37,000 37,000
959502-900150 Library - Programming 18,000 18,000
959502-900160 Library - Supplies 61,000 61,000
959502-900170 Library - Other Expenses 59,000 59,000
959502-900200 Library Bldg Maim 150,000 {45,000) 105,000
959502-900210 Library Bldg Repairs 43,000 43,000
959502-900220 Library Equip Maintenance 49,000 49,000
959502-900230 Library - Insurance 28,000 28,000
959502-900240 Library - Other Bldg - 35,000 35,000
959502-900300 Library Books & Print Items 400,000 3,000 403,000
959502-900310 Library Non-Print Items 110,000 110,000
959502-900400 Library IMRF Expense
959502-900500 Library Medical Insurance 60,500 (60,500)
Library Fund Changes 2,240,000 660,000 2,900,000
Summary of Budget Changes
Refuse Disposal Fund 1,590,525 750,000 2,340,525
Downtown Redevelopment Fund 235,800 75,000 310,800
Vehicle Replacement Fund 824,200 75,000 899,200
Street Improvement Const Fund 4,463,000 140,000 4,603,000
Fire Pension Fund 544,250 200,000 744,250
Benefit Trust Fund No. 2 17,805 15,000 32,805
Mount Prospect Library Fund 2,240,000 660,000 2,900,000
Summary of Fund Changes 9,915,580 1,915,000 i 1,830,580
All Other Budget Funds 28,082,155 - 28,082,155
Amended Budget Amounts $37,997,735 $1,915,000 $39,912,735