HomeMy WebLinkAboutOrd 4317 05/21/1991 ORDINANCE NO. 4317
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING
MAY 1, 1990 TO APRIL 30, 1991
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 21st day of May , 1991
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
3rd day of June , 1991.
ORDINANCE NO. 4317
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING MAY 1,
1990 TO APRIL 30, 1991
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 fiscal year commencing May 1, 1990 to
April 30, 1991 was adopted through the passage of Ordinance No. 4175 approved
by the corporate authorities of the Village of Mount Prospect on April 17, 1990
and as amended by Ordinance No. 4267 adopted by the corporate authorities on
January 2, 1991; 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
1990/91; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect
believe the changes, as specified on the attached 1990/91 budget amendment page,
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 fiscal year 1990/91 budget for the Village of Mount
Prospect is hereby amended, as detailed on Schedule "A" 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: Susse, Corcoran, Clowes, Wilks, Hoefert, Floros
NAYS: ~one
ABSENT: None
PASSED and APPROVED this 21st day of May, 1991~
Gerald 4. t~arley /
Village Preside~/
ATTEST: -
Carol A.
Village Clerk
Schedule A
VILLAGE OF MOUNT PROSPECT
1990/91 Budget Amendments
April 30, 1991
Budget as
Adopted and Proposed Budget as
Amended Changes Amended
Community Development Block Grant Fund
23-062-06-8013 Neighborhood Street Impr $ 275,000 $ 50,000 $ 325,000
Ail Other CDBG Fund 314,725 314,725
Amended CDBG Fund $ 589,725 $ 50~000 $ 639,725
Risk Management Fund
49-035-01-6722 Claims Medical $ 1,025,000 $ 25,000 $ 1,050,000
Ail Other Risk Mgr. Fund 891,000 891,000
Amended Risk Mgr. Fund $ 1,916,000 $ 25~000 $ 1,941,000
Downtown Redevelopment Const. 1985
55-077-62-8035 Development Costs - E $ $ 125,000 $ 125,000
Ail Other D/T Redevelopment 1985 37,235 37,235
Amended D/T Redevelopment $ 37~235 $ 125,000 $ 162,235
Downtown Redevelopment Const. 1990
56-077-62-8035 Development Costs - E $ 100,000 $<100,000> $
56-077-62-8046 Capital Expenditures - F 700,000 < 25,000> 675,000
D/T Redevelopment 1990 Charges $ 800,000 $<125,000> $ 675,000
All Other D/T Redevlp. 1990 156,500 156,500
Amended D/T Redevlp. 1990 $ 956~500 ~<125~000> $ 831~500
Summary of Changes
Total Changes $ 3,499,460 $ 75,000 $ 3,574,460
Ail Other Budget Amounts 37,891,595 37,891,595
Amended Budget Totals $41,391,055 ~ $41,466~055