HomeMy WebLinkAboutOrd 6047 12/18/2012 Making Certain Amendments to the Annual Budget for Fiscal Year 2012ORDINANCE NO. 6047
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012
AND ENDING DECEMBER 31, 2012
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 18th day of December, 2012
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 19th day of December, 2012.
ORDINANCE NO. 6047
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012
AND ENDING DECEMBER 31, 2012
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 January 1, 2012 and ending December 31, 2012 was
adopted through the passage of Ordinance No. 5891 approved by the Corporate Authorities of the
Village of Mount Prospect on December 20, 2011; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 6001 on April 3, 2012, amending the annual budget for the fiscal
year commencing January 1, 2012 and ending December 31, 2012; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 6036 on November 6, 2012, amending the annual budget for the
fiscal year commencing January 1, 2012 and ending December 31, 2012; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have further
reviewed certain additions and changes to the aforesaid budget for the fiscal year beginning
January 1, 2012 and ending December 31, 2012; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the
changes, as specified on the attached January 1, 2012 through December 31, 2012 Budget
Amendment No. 3 to be in the best interest of the Village of Mount Prospect; and
WHEREAS, the Village has now revised the revenue projections or has reserves in each of the
Funds in which the budget is being increased adequate in amount to cover the budget changes
reflected in Budget Amendment No. 3, attached hereto.
NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE
EXERCISE OF THEIR HOME RULE POWERS:
SECTION ONE That the fiscal year budget for January 1, 2012 through December 31, 2012 for
the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No. 3
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: Hoefert, Juracek, Korn, Polit, Zadel
NAYS: None
ABSENT: Matuszak
PASSED and APPROVED this 18` day of December, 2012.
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 3
Fiscal Year January 1, 2012 through December 31, 2012
Expenditures
Fund /Account Number
Account Description
Current
Budget
Amount
51,000
16,333
69,698
1,423
20,000
59,518
82,750
300,722
41, 915,427
42,216,149
Increase
(Decrease)
Amended
Budget
Amount
001 General Fund
001.30.01.00.0.000.563.003
001.50.54.00.0.000.510.001
001.60.01.00.0.000.510.001
001.60.01.61.0.000.513.002
001.70.01.00.0.000.513.001
001.80.81.82.0.000.510.001
001.80.83.00.0.000.510.001
All other General Fund accounts
Total General Fund
040 Refuse Disposal Fund
040.80.85.00.0.000.568.005
Bank Processing Fees
Medical Insurance
Medical Insurance
Vac /Pers Leave Incent.
Sick Leave Incentive
Medical Insurance
Medical Insurance
Tipping Fees - SWANCC
All other Refuse Disposal Fund accounts
Total Refuse Disposal Fund
041 Motor Fuel Tax Fund
041.80.81.81.0.354.624.009 Salt/Calcium Chloride
All other Motor Fuel Tax Fund accounts
Total Motor Fuel Tax Fund
045 DUI Fine Fund
045.60.61.65.0.000.560.002 Comp Programming
045.60.61.65.0.000.665.031 Other Equipment
All other DUI Fine Fund accounts
Total DUI Fine Fund
046 Foreign Fire Tax Board Fund
046.70.71.00.0.301.608.001 Other Supplies
All other Foreign Fire Tax Board Fund accounts
Total Foreign Fire Tax Board Fund
050 Water and Sewer Fund
050.80.84.87.0.378.570.001 JAWA - Water Purchase
All other Water and Sewer Fund accounts
Total Water and Sewer Fund
14,000
10,000
4,000
3,000
30,000
3,000
25,000
89,000
89,000
65,000
26,333
73,698
4,423
50,000
62,518
107,750
389,722
41,915,427
42,305,149
1,153,192
5,000
1,158,192
1,153,192
5,000
1,158,192
3,265,011
-
3,265,011
4,418,203
5,000
4,423,203
200,000
35,000
235,000
200,000
35,000
235,000
1,397,463
-
1,397,463
1,597,463
35,000
1,632,463
5,125
2,400
7,525
8,800
3,600
12,400
13,925
6,000
19,925
2,000
-
2,000
15,925
6,000
21,925
3,000
3,000
6,000
3,000
3,000
6,000
25,500
-
25,500
28,500
3,000
31,500
2,720,000
300,000
3,020,000
2,720,000
300,000
3,020,000
10,116,158
-
10,116,158
12,836,158
300,000
13,136,158
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 3
Fiscal Year January 1, 2012 through December 31, 2012
Expenditures
Fund /Account Number
Account Description
Current
Amended
Budget
Increase
Budget
Amount
(Decrease)
Amount
93,000
9,000
102,000
100,000
40,000
140,000
-
7,500
7,500
193,000
56,500
249,500
6,762,955
-
6,762,955
6,955,955
56,500
7,012,455
68,068,353
494,500
68,562,853
23,227,380
-
23,227,380
91,295,733
494,500
91,790,233
063 Risk Management Fund
063.00.00.00.4.000.596.002 Property Insurance
063.00.00.00.4.000.599.002 Liability Claims
063.00.00.00.4.000.600.003 Auto BI & PD Claims
All other Risk Management Fund accounts
Total Risk Management Fund
Total Village Budget
Funds being changed
All other Village Budget Accounts
Total Village Budget after Changes
2