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HomeMy WebLinkAboutOrd 3932 04/26/1988ORDINANCE NO. 3932 AN ORDINANCE ADOPTING ON ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING MAY 1, 1988 TO APRIL 30, 1989 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES THE 26th DAY OF April , 1988. Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 27th day of April , 1988. RDINANCE NO. 3932 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING MAY 1, 1988 TO APRIL 30, 1989 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE. WHEREAS, the President and Board of Trustees of the Villag,e'of Mount Prospect in accordance with Statutes, have provided for the preparation and adoption of an annual budget in lieu of passage of an appropriation Ordinance for the fiscal year commencing May 1, 1988 to April 30, 1989; and WHEREAS, the tentative annuai budget for the Village of Mount Prospect for the fiscal year beginning May 1, 1988 and ending April 30, 1989, as prepared by the Budget Officer for the Viliage and submitted to the President and Board of Trustees, was placed on fiie in the Office of the Viilage Clerk on Aprii 7, 1988, for public inspection, as provided by Statute; and WHEREAS, pursuant to notice duly published on April 7, 1988, a public hearing was held by the President and Board of Trustees on said tentative annual budget on April 19, 1988, as provided by statute; and ~ WHEREAS, following said public hearing, said tentative annuai budget was reviewed by the President and Board of Trustees and a copy of said tentative annual budget is attached hereto and hereby made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: The tentative annual budget for the Viliage of Mount Prospect beginning May 1, 1988 and ending April 30, 1989, a copy of which is attached hereto and made a part hereof, zs hereby approved and adopted as the Annuai Budget for the ViIIage of Mount Prospect for said fiscal year. SECTION TWO: Within thirty (30) days following the adoption of this Ordinance there aha11 be filed with the County Clerk of Cook County a copy thereof duly certified by the Village Clerk and Estimate of Revenues by source anticipated to be received by the Village in the fiscal year beginning May 1, 1988 and ending April 30, 1989, duly certified by the Chief Fiscal Officer. SECTION THREE: This Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: Arthur, Farley, Floros, Murauskls, Van Geem, Wattenberg NAYS: None ABSENT: None PASSED AND APPROVED this 26th day of April , 1988. ATTEST: olyn H. Krause lage President Carol A. Fields Village Clerk