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Home My WebLink AboutOrd 6308 03/07/2017 Making certain Amendments to the Annual BudgetORDINANCE NO. 6308 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES The 7 1 day of March, 2017 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the 7'h -day of March, 2017. ORDINANCE NO. 6308 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2017 AND ENDING DECEMBER 31, 2017 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, 2017 and ending December 31, 2017 was adopted through the passage of Ordinance No. 6290 approved by the Corporate Authorities of the Village of Mount Prospect on December 20, 2016; 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, 2017 and ending December 31, 2017; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1, 2017 through December 31, 2017 Budget Amendment No. 1 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 Number One, attached hereto. 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 budget for January 1, 2017 through December 31, 2017 for the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No. 1 attached hereto. VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2017 through December 31, 2017 Fund/Account Number 001 General Fund 001.20.24.00.0.000.525.004 001.60.01.00.0.000.520.001 001.60.01.00.0.000.546.003 001.60.01.00.0.000.560.012 001.60.01.00.0.000.655.004 001.60.01.00.0.252.665.049 001.60.61.64.0.000.608.001 001.60.61.65.0.000.603.001 001.60.61.65.0.000.621.001 All other General Fund accounts Total General Fund 020 Capital Improvement Fund 020.20.90.00.0.707.561.013 020.20.90.00.0.707.665.042 020.20.90.00.1.707.665.082 020.40.90.00.0.704.565.002 020.80.90.00.0.705.679.001 020.80.90.00.0.710.636.031 020.80.90.00.1.703.677.005 020.80.90.00.1.704.678.019 020.80.90.00.1.706.651.010 020.80.90.00.1.710.641.002 Expenditures Microsoft Office Suite TelephoneSys-Village Hall Desktop Virtualization Traffic Study/Improv D/T Streetscape Prog Bike Route Sign Project Detention Pond Improv Kensington Road Improv Repl HVAC -Pub Bldgs KBC Jogging Path Rehab All other Capital Improvement Fund accounts Total Capital Improvement Fund 024 Flood Control Construction Fund 024.80.90.00.1.703.677.019 Storm Sewer Improvements All other Flood Control Construction Fund accounts Total Flood Control Construction Fund 041 Motor Fuel Tax Fund 041.80.90.00.0.704.676.003 Traffic Signal Repl All other Motor Fuel Tax Fund accounts Total Motor Fuel Tax Fund 050 Water and Sewer Fund 050.80.90.00.1.700.665.001 AMR Svstem 050.80.90.00.1.700.671.001 Tank Repair/Ren 050.80.90.00.1.700.671.003 Water Main Repl All other Water & Sewer Fund accounts Total Water & Sewer Fund - Current 77.139 Amended 27,000 Budget Increase Budget Account Description Amount (Decrease) Amount Training 11,730 6,500 18,230 Medical Examinations 30,100 5,000 35,100 Employment Testing 50,000 8,450 58,450 Computer Software 12,750 11,500 24,250 Computer Eqpt - Depts 5,000 15,000 20,000 Visa Bar Unitrols 2,500 2,500 5,000 Other Supplies 2,080 1,500 3,580 Clothing Supplies 20,000 6,700 26,700 Protective Clothing 20.400 2.000 22.400 795,744 154,560 59,150 213,710 50,000 53,177,035 - 53,177,035 100,000 53,331,595 59,150 53,390,745 Microsoft Office Suite TelephoneSys-Village Hall Desktop Virtualization Traffic Study/Improv D/T Streetscape Prog Bike Route Sign Project Detention Pond Improv Kensington Road Improv Repl HVAC -Pub Bldgs KBC Jogging Path Rehab All other Capital Improvement Fund accounts Total Capital Improvement Fund 024 Flood Control Construction Fund 024.80.90.00.1.703.677.019 Storm Sewer Improvements All other Flood Control Construction Fund accounts Total Flood Control Construction Fund 041 Motor Fuel Tax Fund 041.80.90.00.0.704.676.003 Traffic Signal Repl All other Motor Fuel Tax Fund accounts Total Motor Fuel Tax Fund 050 Water and Sewer Fund 050.80.90.00.1.700.665.001 AMR Svstem 050.80.90.00.1.700.671.001 Tank Repair/Ren 050.80.90.00.1.700.671.003 Water Main Repl All other Water & Sewer Fund accounts Total Water & Sewer Fund - 77.139 77.139 - 27,000 27,000 - 30,000 30,000 - 25,000 25,000 - 88,213 88,213 - 24,194 24,194 280,000 30,000 310,000 - 88,086 88,086 25,000 50,000 75,000 - 205,339 205,339 305,000 644,971 949,971 1,943,892 - 1,943,892 2,248,892 644,971 2,893,863 360,000 133,272 493,272 360,000 133,272 493,272 435,744 - 435,744 795,744 133,272 929,016 50,000 50,000 100,000 50,000 50,000 100,000 1,847,071 - 1,847,071 1,897,071 50,000 1,947,071 25.000 25.000 315,000 90,274 405,274 650,000 140,062 790,062 965,000 255,336 1,220,336 14,782,542 - 14,782,542 15,747,542 255,336 16,002,878 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2017 through December 31, 2017 Expenditures Current Amended Budget Increase Budget Fund/Account Number Account Description Amount (Decrease) Amount 061 Vehicle Replacement Fund 061.80.86.00.1.000.660.003 Police Dept Vehicles 403,000 30,078 433,078 061.80.86.00.1.000.660.005 Fire Dept. Vehicles 648,000 820,599 1,468,599 061.80.86.00.1.000.660.006 Public Works Vehicles 1,048,000 603,139 1,651,139 2,099,000 1,453,816 3,552,816 All other Vehicle Replacement Fund accounts 25,000 - 5,000 Total Vehicle Replacement Fund 2,124,000 1,453,816 3,5 VT,816 Total Villaqe Budqet Funds being changed 76,144,844 2,596,545 78,741,389 All other Village Budget Accounts 36,619,997 - 36,619,997 Total Village Budget after Changes 112,764,841 2,596,545 115,3 51,386 2 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, Matuszak, Polit, Rogers, Saccotelli, Zadel NAYES: None ABSENT: None PASSED and APPROVED this 7h day of March, 2017. Arlene A. Juracek Mayor ATTEST lz4lxa Karen Ag ranos Deputy Village Clerk