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Home My WebLink AboutOrd 6101 11/19/2013 Making Certain Amendments to Annual Budget for 2013 Fiscal YearORDINANCE NO. 6101 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2013 AND ENDING DECEMBER 31, 2013 Passed and approved by the President and Board of Trustees the 1 9 th day of November, 2013 ORDINANCE NO. 6101 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2013 AND ENDING DECEMBER 31, 2013 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, 2013 and ending December 31, 2013 was adopted through the passage of Ordinance No. 6046 approved by the Corporate Authorities of the Village of Mount Prospect on December 18, 2012; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and approved Ordinance No. 6059 on March 19, 2013, amending the annual budget for the fiscal year commencing January 1, 2013 and ending December 31, 2013; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and approved Ordinance No. 6079 on June 18, 2013, further amending the annual budget for the fiscal year commencing January 1, 2013 and ending December 31, 2013; 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 the fiscal year beginning January 1, 2013 and ending December 31, 2013; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1, 2013 through December 31, 2013 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, 2013 through December 31, 2013 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, Korn, Matuszak, Polit, Rogers, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 19' day of November, 2013. Arlene A. Jurac,?7 Mayor ATTEST M.qL'isd Angell Village Clerk VILLAGE OF MOUNT PROSPECT Budget Amendment No. 3 Fiscal Year January 1, 2013 through December 31, 2013 Revenues Fund /Account Number Current Budget Increase Account Description Amount (Decrease) 042 Cmmty Development Block Grant 042.476.001 CDBG Program Income All other Cmmty Development Block Grant accounts Total Cmmty Development Block Grant Fund Total Estimated Revenues Fund being changed All other Village Budget accounts Amended Budget Amoun 60,000 57,500 117,500 60,000 57,500 117,500 400,409 400,409 460,409 57,500 517,909 460,409 94,452,388 57,500 517,909 94,452,388 Total Estimated Revenues After Changes 94,912,797 57,500 94,970,297 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 3 Fiscal Year January 1, 2013 through December 31, 2013 Expenditures Fund /Account Number Account Description Current Budget Amount Increase (Decrease) Amended Budget A mount 29,000 3,000 32,000 1,500 1,000 2,500 500 500 1,000 5,000 29,200 34,200 750 200 950 19,570 2,200 21,770 650,000 150,000 800,000 1,000 325 1,325 150 130 280 1,450 5,605 7,055 850 500 1,350 340 250 590 7,000 3,250 10,250 8,300 3,200 11,500 250 268 518 - 1,000 1,000 725,660 200,628 926,288 44,023,338 - 44,023,338 44,748,998 200,628 44,949,626 261,000 159,000 420,000 261,000 159,000 420,000 2,244,102 - 2,244,102 2,505,102 159,000 2,664,102 30,000 7,500 37,500 30,000 7,500 37,500 480,409 - 480,409 510,409 7,500 517,909 500 4,000 4 500 4,000 4,500 17,000 - 17,000 17,500 4,000 21,500 001 General Fund 001. 10. 11.00.0.000.549.001 001. 10. 11.00.0.000.608.001 001.10.11.00.0.000.630.001 001.10.11.00.0.001.578.001 001.10.11.00.0.002.608.001 001. 10. 11.00.8.400.578.003 001.20.21.00.0.050.531.001 001.20.22.00.0.000.608.001 001.20.23.00.0.000.544.002 001.20.23.00.0.000.546.002 001.20.25.00.0.000.590.001 001.20.25.00.0.000.612.001 001.60.01.00.0.252.532.004 001.60.61.66.0.000.530.006 001.70.01.00.0.000.619.013 001.70.71.00.0.000.665.031 All other General Fund accounts Total General Fund Org Memberships Other Supplies Recognition Supplies Sister Cities Comm. Other Supplies July 4th Parade Legal - General Counsel Other Supplies Postage Expense Personnel Recruitment Telephone - Cellular Publications Radio Maintenance Other Prof. Serv. Special Events Supplies Other Equipment 020 Capital Improvement Fund 020.80.90.00.1.704.678.019 Kensington Road Improv All other Capital Improvement Fund accounts Total Capital Improvement Fund 042 Cmmty Development Block Grant 042.40.41.00.1.154.675.010 Kensington Road Sidewalks All other Cmmty Development Block Grant accounts Total Cmmty Development Block Grant 043 Asset Seizure Fund 043.60.61.66.0.000.566.012 Investigative Purchases All other Asset Seizure Fund accounts Total Asset Seizure Fund 045 DUI Fine Fund 045.60.61.65.0.000.560.002 045.60.61.65.0.000.665.031 All other DUI Fine Fund accounts Total DUI Fine Fund Comp Programming 2,200 5,000 7,200 Other Equipment 10,000 9,500 19,500 12,200 14,500 26,700 1,000 - 1,000 13,200 14,500 27,700 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 3 Fiscal Year January 1, 2013 through December 31, 2013 Expenditures Fund /Account Number 050 Water and Sewer Fund 050.80.84.00.0.000.544.002 Account Description Current Budget A mount Increase (Decrease) Amended Budget Amou 37,209 50,000 87,209 37,209 50,000 87,209 14,781,907 - 14,781,907 14,819,116 50,000 14,869,116 - 2,300 2,300 - 2,300 2,300 1,024,900 - 1,024,900 1,024,900 2,300 1,027,200 Postage Expense All other Water and Sewer Fund accounts Total Water and Sewer Fund 061 Vehicle Replacement Fund 061.80.86.00.1.000.660.005 Fire Dept. Vehicles All other Vehicle Replacement Fund accounts Total Vehicle Replacement Fund Total Village Budget Funds being changed All other Village Budget Accounts 63,639,225 36,275,206 437,928 64,077,153 - 36,275,206 Total Village Budget after Changes 99,914,431 437,928 100,352,359