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HomeMy WebLinkAboutOrd 4980 12/15/1998 ORDINANCE NO. 4980 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1999 TO DECEMBER 31, 1999 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE Passed and approved by the President and Board of Trustees the 15~ dayof December ,1998 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 15a day of December .1998. ORDINANCE NO, ~980 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1999 TO DECEMBER 31, 1999 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE WHEREAS, the President and Board of Trustees of the Village 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; and WHEREAS, the tentative Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 1999 and ending December 31, 1999, as prepared by the Budget Officer for the Village and submitted to the President and Board of Trustees, was placed on file in the Office of the Village Clerk on December 3, 1998, for public inspection, as provided by Statute; and WI-IEREAS, pursuant to notice duly published on December 3, 1998, a public hearing was held by the President and Board of Trustees on said tentative anntm/budget on December 15, 1998, as provided by Statute; and WHEREAS, following said public hearing, said tentative Annual 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: ~: The Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 1999 and ending December 31, 1999, a copy of which is attached hereto and made a part hereof, is hereby approved and adopted as the Annual Budget for the Village of Mount Prospect for said fiscal year. ~: Within thirty (30) days following the adoption of this Ordinance there shall be flied w/th 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 lanuary 1, 1999 and ending December 31, I999, duly certified by the Chief Fiscal Officer. ~: 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. YES: Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks NAYS: Clowes ABSENT: None PASSED AND APPROVED this 15th day of December , 1998. ~d L. ~Farle~, ~,~President /Velma W. Lo&e, Village Clerk VILLAGE Of MOUNT PROSPECT 1999 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES Amount Proposed Originally Recommended Budget Proposed Change As Amended General Fund Revenues Investment Income Interest Income 340,000 (60,000) 280,000 Other Revenues 25,091,320 25,091,320 Total 25,431,320 (60,000) 25,371,320 Expenditures Mayor & Board of Trustees Part Time Earnings 19,000 1,500 20,500 Police Administration Training 64,000 (1,985) 62,015 Medical Exams 6,000 (75) 5,925 Police Patrol and Traffic Full Time Earnings 3,646,651 (35,077) 3,611,574 FICA Costs - Medicare 34,791 (508) 34,283 Medical Insurance 483,159 (6,370) 476,789 Clothing Supplies 9,350 (170) 9,180 Police Protective Clothing 5,100 (425) 4,675 Interfund Transfers Transfer to Vehicle Replacement Fd 860,000 860,000 Transfer to Capital Improvement Fd 600,000 511,000 1,111,000 Other Expenditures 20,474,451 20,474,451 Total 25,342,502. 1,327,890 26,670,392 Taxable G.O. Series 1998 Debt Service Fund Revenues Property Tax Increment 158,177 (5,577) 152,600 Other Revenues 600 600 Total 158,777 (5,577) 153,200 Expenditures Interest Expense 63,027 (5,577) 57,450 Other Expenditures 95,750 95,750 Total 158,777 /5,577~ 153,200 Water and Sewer Fund Expenditures Water Meter Maint. & Replacement Seasonal Eamings 13,650 (6,795) 6,855 Other Expenses 7,783,580 7,783,580 VILLAGE Of MOUNT PROSPECT 1999 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES Amount Proposed Originally Recommended Budget Proposed Change As Amended Total 7,797,230 (6,795) 7,790,435 Risk Mana,qement Fund Revenues General Fund Charges- Medical 1,652,044 (6,370) 1,645,674 Other Revenue 1,561,416 1,561,416 Total 3,213,460 (6,370) 3,207.090 Expenses Medical Claims 1.470,480 (6,370) 1,464,110 Other Expenses 1,770,180 1.770,180 3,240,660 (6,370) 3,234,290 Capital Improvements Fund Revenues Interfund Transfers Transfer from General Fund 600,000 511,000 1,111,000 Other Revenues 315,000 315,000 Total 915,000 511,000 1,426,000 Expenditures Village Equipment' Thermal Camera 25,000 (25,000) Other Expenditures 1,305,788 1.305,788 Total 1,330,788 (25,000) 1.305,788 Vehicle Replacement Fund Revenues Interfund Transfers Equity Transfer from General Fund 860,000 860,000 Other Revenues 1,274,556 1,274,556 Total 1,274,556 860,000 2,134,556 Library Fund Revenues Property Taxes. Library 2,937,255 2.937,255 Property Taxes, IMRF 294,118 294,118 Property Taxes, Insurance & Audit 39,216 39,216 Property Taxes, Maint. & Repair 209,804 209,804 Property Taxes, Working Cash 524.510 524,510 Other Revenues 220,097 220,097 Total 4,225,000 4,225,000 VILLAGE OF MOUNT PROSPECT 1999 PROPOSED BUD~GET SUMMARY OF RECOMMENDED CHANGES Amount Proposed Originally Recommended Budget Proposed Change As Amended Expenditures Administration Payroll 2,090,000 2,090,000 Pension 310,000 310,000 Medical Insurance 130,000 130,000 Other Administration Postage & Printing 43,000 43,000 Programs 34,000 34,000 Outside Services 50,000 50,000 Supplies 63,000 63,000 Other 43,000 43,000 Building Utilities 55,000 55,000 Building Maintenance 330,000 330,000 Equipment Maintenance 224,000 224,000 Equipment 100,000 100,000 Insurance 38,000 38,000 Other 15,000 15,000 Materials Pdnt 500,000 500,000 Nonopdnt 200,000 200,000 Total 4,225,000 4,225,000 VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY TOTAL VILLAGE BUDGET 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast REVENUES AND OTHER SOURCES Property Taxes 8,697,843 9,104,650 9,111,650 9,418,305 9,793,471 Other Taxes 14,727,560 15,929,660 16,205,830 16,456,495 16,809,415 Licenses, Permits & Fees 2,434,607 2,883,480 2,992,500 3,060,400 3,104,700 Intergovernmental Revenue 6,102,123 6,305,925 6,757,278 6,522,000 6,382,000 Charges for Service 11,3 I7,596 11,780,689 11,685,689 11,989,297 12,450,032 Fees and Forfeits 506,725 470,500 485,500 498,000 506,500 investment Income 6,538,354 4,838,010 4,764,839 4,568,100 4,727,000 Reimbursements 429,67I 1,29%000 370,961 1,150,150 306,721 Other Revenue 2,153,032 2,488,975 2,572,220 2,635,120 7,033,640 Interfund Transfers 201,940 755,600 755,600 2,197,117 400,000 Other Firtancing Sources 800,430 4,465,633 4,943,482 10,231,350 1,836,800 Village Revenues and Other Sources 53,909,88I 60,320,122 60,645,549 68,726,334 63,350,279 Mount Prospect Library Revenues 3,599,383 3,710,000 3,710,000 4,225,000 (a) Total Revenues and Other Sources 57,509,264 64,030,122 64,355,549 72,951,334 63,350,279 BUDGET EXPENDITURES Village Operating Budget 32,731,435 35,267,514 35,072,783 37,913,009 38,267,917 Village CapitaI Budget 5,885,849 11,424,822 10,338,670 17,394,435 10,030,540 Debt Service Budget 3,698,506 3,838,405 3,838,145 4,721,437 4,624,944 Pension Systems Budget 2,207,278 2,494,250 2,611,845 2,985,370 3,056,465 Internal Services Budget (b) 3,575,521 5,045,708 4,564,237 4,233,975 4,435,073 Total Village Expenditures 48,098,589 58,070,699 56,425,680 67~248,226 60,414,939 Mount Prospect Library Budget 3,589,661 3,710,000 3,710,000 4,225,000 (a) Total Village Expenditures 51,688,250 61,780,699 60,135,680 71,473,226 60,414,939(d) CHANGES 1N FUND BALANCES (d) Excess (Deficiency) of Revenues & Other Sources Over Expenditures 5,82t,014 2.249.423 4,219,869 1,478.108 2.935,340 Fund Balances Start of Budget Year 73.410,387 79.231,401 79,231~40I 83,451.270 84~929,378 End of Budget Year 79.231.40I 8k480.824 83,451.270 84,929.?S 87.864.718 Less: Pension Fund Balances ( c ) (55.193.092} (57.544.870) (57,884.317) (60.202.S1% 162.781.492) .\vaiiabl¢ Fund Balances 24.038,309 23.935.954 25~566.953 24~72t>.5~1 25.083.226 (a) Not available as of December 8, 1998. (b) Internal Services Budget includes the Vehicle Maintenance Fund and the Risk Management Fund only. The Equipment Replacement Fund and Computer Replacement Fund are included with the Village Capital Budget. (c) Pension Fund Balances are reserved for pension benefits and not available ~br appropriation. (d) Does not include the results of operation of the Mount Prospect kibrary for 2000. VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY REVENUES AND OTHER SOURCES BY FUND 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast GENERAL FUND 23,654,738 24,142,475 24,613,675 25,371,320 26,048,661 SPECIAL REVENUE FUNDS Refuse Disposal Fund 3,128,979 3,261,250 3,196,250 3,247,440 3,362,631 Motor Fuel Tax Fund 1,358,505 2,045,000 1,314,461 2,031,400 1,325,000 Local Law Enf Block Grant 1997 16,353 Community Development Block Grant 511,146 381,925 380,925 399,000 399,000 Asset Seizure Fund 157,500 176,250 5,000 Local Law Enf Block Grant 1996 14,154 250 250 TOTAL 5,012,784 5,845,925 5,084,489 5,682,840 5,086,631 DEBT SERVICES FUNDS G.O. Bonds - Property Taxes 746,230 714,575 719,575 931,397 707,730 G.O. Bonds - Tax Increment 571,105 711,500 748,260 1,791,705 737,064 G.O. Bonds - Home Rule Sales Tax I 1,429,517 1,364,720 1,426,760 1,452,435 1,493,761 G.O. Bonds - Home Rule Sales Tax 2 1,079,236 583,715 588,715 877,500 862,500 Special Service Area Bonds 61,533 57,660 58,250 41,625 39,625 TOTAL 3,887,621 3,432,170 3,541,560 5,094,662 3,840,680 CAPITAL PROJECTS FUNDS 1998A Street Improvement Construction Fund 2,427,090 2,449,090 Capital Improvement Fund 120,227 205,000 70,000 1,426,000 450,000 Police & Fire Bldg Const Fund 2,959 2,500 Capital Improvement Const Fund 19,627 2,000 203,800 300,000 1998B Downtown Redevlpmt Const Fund 99,408 99,407 Downtown Redevelop Const Fund 176,521 I,I38,500 1,124,500 8,283~390 4,4t6,665 Street Improvement Const Fund 642,638 2,518,000 2,551,480 2,296.805 2,392,620 1998A Flood Loan Construction Fund 425,000 427,850 SSA ~7 Construction Fund 1,775,000 Flood Control Const Fund 992,106 860,000 1,396,350 856.350 TOTAL 1,954,078 7,674,998 8,324,977 13,162.545 9.034,285 ENTERPRISE FUNDS Water and Sewer Fund 6,715,411 7.170,000 7.184.729 7,394.230 7.6i7,660 Parking System Revenue Fund 214,528 207.380 210.300 212. 100 2 t 2,400 TOTAL 6.929,939 7.377,380 7.395,029 7.606.330 7.830,060 VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY REVENUES AND OTHER SOURCES BY FUND 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast INTERNAL SERVICE FUNDS Vehicle Maintenance Fund 981,632 1,018,760 1,018,760 1,064,740 1,I06,609 Vehicle Replacement Fund I,t 15,988 1,905,755 1,905,755 2,134,556 1,300,590 Computer Replacement Fund 236,717 159,305 159,305 118,631 84,396 Risk Management Fund 3,462,026 3,221,079 3,319,179 3,207,090 3,403,727 TOTAL 5,796,363 6,304,899 6,402,999 6,525,017 5,895,322 FIDUCIARY FUNDS Police Pension Fund 3,567,056 2,757,970 2,524,725 2,637,260 2,791,550 Fire Pension Fund 3,097,080 2,775,305 2,750,095 2,638,360 2,815,090 Benefit Trust #2 Fund 10,222 9,000 8,000 8,000 8,000 TOTAL 6,674,358 5,542,275 5,282,820 5,283,620 5,614,640 PROSPECT LIBRARY FUND 3,710,000 3,710,000 4,225,000 (a) MOUNT 3,599,383 (a) Figures not available as of December 8. 1998. (bi Does not include the Mount Prospect Library. VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY RI?.VENUES AND OTHER SOURCES BY REVENUE TYPE 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast PROPERTY TAXES 8,697,843 9,104,650 9,111,650 9,418,305 9,793,471 OTHER TAXES Sales Tax 6,540,189 6,517,000 6,700,000 6,834,000 6,970,680 Home Rule Sales Tax 2,668,632 2,626,000 2,730,140 2,831,140 2,920,29I Food & Beverage Tax 503,449 610,000 635,000 650,880 667,145 Special Service Area Taxes 1,614,887 1,616,160 1,606,250 1,590,125 1,588,125 Property Tax Increment 677,293 809,500 810,260 694,995 714,429 Real Estate Transfer Tax 630,015 545,000 575,000 575,000 575,000 Utility Taxes 1,902,201 2,877,000 2,807,680 2,919,355 3,010,745 Municipal Motor Fuel Tax 51,236 170,000 180,000 180,000 180,000 Other Taxes 139,658 159,000 161,500 181,000 183,000 TOTAL 14,727,560 15,929,660 16,205,830 16,456,495 16,809,415 LICENSES, PERMITS & FEES Vehicle Licenses 1,155,048 1,385,000 1,385,000 1,385,000 1,390,000 Other Licenses 364,888 365,000 365,000 370,000 373,500 Permit Fees 294,273 293,500 290,000 301,500 308,000 Infrastructure Mtc Fee 365,000 444,000 500,000 515,000 Franchise Fee 436,290 267,700 269,300 260,000 270,000 Other Fees 184,108 207,280 239,200 243,900 248,200 TOTAL 2,434,607 2,883,480 2,992,500 3,060,400 3,104,700 INTERGOVERNMENTAL REVENUE State Income Tax 3,435,920 3,475,000 3,607,000 3,715,000 3,845,000 State Motor Fuel Tax 1,272,433 1,235,000 1,235,000 1,250,000 1,265,000 Other State Taxes 849,900 828,000 841,000 871,000 886,000 Community Devl Block Grant 454,027 340,925 340,925 359,000 359,000 Other Grants 89,843 427,000 733,353 327,000 27,000 TOTAL 6,102,123 6,305,925 6,757,278 6,522,000 6,382,000 CHARGES FOR SERVICE Water & Sewer Charges 5,162,126 5,442,000 5,427,000 5,640,230 5,863,660 Parking Charges 169,494 I73,500 t 73,500 173,500 173,500 Refuse Disposal Charges 711,511 810,150 725,150 777,650 796.650 Internal Service Fund Charges 4.736,943 4,818,639 4,818,639 4,842,617 5,056.422 Other Service Charges 537,522 536,400 541,400 555,300 559.800 TOTAL t 1,317,596 t 1.780,689 11,685,689 11,989,297 12.450.032 FINES AND FORFEITS 506,725 470,500 485.500 506.500 498,000 INVESTMENT INCOME General Fund 417,150 370,000 385,000 325,000 325.000 Pension Funds 5.094.815 3.730.000 3,455,000 3.420,000 3,613.200 Other Funds 1.026~389 738.010 924,839 823~100 788.800 TOTAL 6.538~354 4.838.010 4,764,839 4.568,10¢ 4,727.000 VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY REVENUES AND OTHER SOURCES BY REVENUE TYPE 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast REIMBURSEMENTS 429,671 1,297,000 370,961 1A50, I50 306,721 OTHER REVENUE Village Police & Fire Pension Contributions 865,556 1,120,275 1,109,820 1,I66,020 1,262,440 Developer Donations 5,400 I35,000 Employee & Retiree Contributions 1,133,583 1,121,700 1,186,800 1,174,000 1,230,100 Sale of Property 4,400,000 Other Revenue 148,493 247,000 275,600 160,100 141,100 TOTAL 2,153,032 2.488,975 2,572,220 2,635,120 7,033.640 INTERFUND TRANSFERS 201,940 755,600 755,600 2,197.117 400,000 OTHER FINANCING SOURCES Bond Proceeds 3,997,133 4,028,632 9,315,000 1,775,000 EPA Flood Loan 927,737 410,000 856,350 856,350 Sale of Property (I27,307) 58,500 58,500 60,000 61,800 Flood Loans - Principal TOTAL 800,430 4,465,633 4,943,482 10,231,350 1,836,800 MOUNT PROSPECT LIBRARY REVENUES 3,599,383 3,710,000 3,710,000 4,225,000 (a) CHANGES IN FUND BALANCES (b) Total Revenues & Other Sources 57,509,264 64.030,122 64,355.549 72,951,334 63.350,279 Total Expenditures 51,688,250 61,780,699 60,135,680 71,473,226 60,414,939 Additions to <Use of> Fund Balances 5,821,014 2,249,423 4,219,869 1,478,108 2,935,340 ANALYSIS OF CHANGES IN FUND BALANCES (b) Additions to ?easion Fund Balances 4.508,555 3,084.575 2,691,225 2.318,500 2.578,675 Additions to Other Fund Balances !.332,459 1,528,644 356,665 <Use of> Other Fund Balances (835,152) (840,392) 5.841.0t4 2,249,423 4,219.869 1,478.108 2.935.340 (a) Figures not a,,ailable as of December 8. 1998. (b) Does not inciude the Mount Prospect Library. ?--. VILLAGE OF MOUNT PROSPECT I I 1999 BUDGET SUMMARY , EXPENDITURES BY FUND 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast GENERAL FUND 22,798,821 23,842,800 23,835,845 26,670,392 26,073,875 SPECIAL REVENUE FUNDS Refuse Disposal Fund 2,877,204 3,123,665 3,033,241 3,159,716 3,395,I05 Motor Fuel Tax Fund 1,209,001 2,028,850 1,243,850 2,257,350 1,291,520 Community Development Block Grant 511,147 433,238 430,588 399,000 399,000 Asset Seizure Fund 52,335 52,335 60,320 60,320 Local Law Enforcement Block Grant 1996 3,865 11,826 11,826 Local Law Enforcement Block Grant 1997 16,353 Totals 4,601,217 5,649,914 4,788,193 5,876,386 5,145,945 DEBIT SERVICE FUNDS G.O. Bonds - Property Taxes 684,057 690,565 690,565 925,932 703,790 G.O. Bonds - Tax Increment 604,361 617,365 617,240 1,229,285 1,276,164 G.O. Bonds - Home Rule Sales Tax I 1,560,507 1,614,425 1,613,305 1,634,740 1,727,145 G.O. Bonds - Home Rule Sales Tax 2 787,871 856,160 857,145 890,500 878,690 Special Service Area Bonds 61,710 59,890 59,890 40,980 39,155 Totals 3,698,506 3,838,405 3,838,I45 4,721,437 4,624,944 CAPITAL PROJECTS FUNDS Capital Improvement Fund 1,192,966 1,254,588 1,047,062 1,305,788 661,000 Police & Firc Bldg Const Fund 18,216 50,187 Capital Improvement Const Fund 459,980 97,450 298,561 300,000 Downtown Redevelop Const Fund 488,802 1,456,900 1,755,886 8,312,490 2,485,400 Street Improvement Const Fond 481,215 941,963 767,365 2,759,000 2,856,000 SSA #7 White Oak2Meier Const 1,775,000 Flood Control Const Fund 1,236,504 1,943,610 1,523,301 1,051,350 250,000 1998A Street Imp. Const. Fund 2,427,000 2,449,090 1998B Downtown Red. Const. Fund 99,408 99,407 I998A Flood Control Const. Fund 423,855 427,850 Totals 3.877,683 8,644,774 8.368,522 I3,778,815 8,027,400 ENTERPRISE FUNDS Water and Sewer Fund 6.523.276 7.533,338 7.447.283 7.790,435 7 927.220 Parking System Revenue Fuod I62,586 190.610 190,610 207,416 234.917 Totals 6.685.862 7,723.948 7.637,893 7.997,851 8.162.!37 VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY EXPENDITURES BY FUND 1997 1998 1998 1999 2000 Actual Budget Estimate Budget Forecast INTERNAL SERVICE FUNDS Vehicle Maintenance Fund 996,935 1,011,583 1,011,733 1,061,785 I,I02,473 Vehicle Replacement Fund 626,188 626,000 592,600 871,500 830,300 Computer Replacement 17,231 145,850 129,350 70,650 14,400 Risk Management Fund 2,608,244 4,113,425 3,631,804 3,234,290 3,397,500 Totals 4,248,598 5,896,858 5,365,487 5,238.225 5,344,673 FIDUCIARY FUNDS Police Pension Fund 992,613 I,I53,525 1,226,125 1,469,065 1,497,080 Fire Pension Fund 1,162,972 1,286,975 1,331,970 1,462,055 1,504,085 Benefit Trust #2 Fund 32,317 33,500 33,500 34,000 34,800 Totals 2,187,902 2,474,000 2,591,595 2,965,120 3,035,965 MOUNT PROSPECT LIBRARY BUDGET 3,589,661 3,710,000 3,710,000 4,225,000 (a) (a) Figures not available as of December 8. 1998. (b) Does not include the Mount Prospect Library. VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY AVAILABLE FUND BALANCES 12-31-99 Est::mttcd 1999 1900 Est.;matec~ Balance Budget Budg~ Balance Ba~ncc ]2-31-98 Rcvcnuc~ Ex~m[itu~s 12-31-99 12-31-99 I Gene.1 Fund *5,492,939 ~,371,320 26,670,3~ 4,193)867 S~ial Rev~ Funds: Re~se D~ F~d 1,138,923 3.247,440 3,159,716 1,226,t~7 679,~ MoOr Fuel T~ Fumi 899.~5 2,03 i ,a~ 2,~7,350 673.715 5~,~ Commu~ty Development Block Gra::: 399,~ ~s~ Se~ ~23.915 5 .~ (~,320 68,595 ~w Enfo~t Grant 96 250 250 Tom~ 2.612,753 5.682,840 5,876,386 1,969.207 1,179,~ G.O. Bonds Pn-ix:~5 Taxes 29-.7~5 931 G.O. Bonds - Tax I~c~men~ a65,773 t.79t,-05 1,22~.295 1,028,293 1,202.~ G.O. Bot:~s - H,>me Rule Sa~es Tan ~ 680.~4 1.452,a~5 1.634,740 497.789 862,~ G.O. Bonds - Home Rule Sales Tax 2 482.7(~ 877,5~ 890.5~ a69.7~ 43g,~ S~ Se~'icc A~a Bm:ds 22.50' 41.625 ~.980 23.!52 7.~ Total., i .9~8.e95 5.~a.(~2 4.~ .a37 2.322.0~0 ~.C~.~ Capital Pr~.,)iec~.s F'.mds: Capital im!m)veme::; Fun~ ! .0-6 205 ; ,.126.000 1 ,~¢,5.755 ~, ! 96.4 ' - | ,200,0~0 Police .k ]:~r.' B'.dg (;~::sl 50. :87 50.'.87 Capitai I::lpr~>vei:tcr. t Cot~.st Fur:;.: )00.;~C,: Downu~v,:: Rccexe.,,? (;,*::s~ F,:;x: g:.[~'~ ,q..28.~ 31;'2 g.3:2.ag0 I[2.25:. · 100,000 Street hnm'ovcl:;e:l: Cans;. F'.md 2 4[ ~.035 2.296.g(;5 2.'.~.000 L948.8-'0 I .-')00,000 Flood C,:m:x:'. C,';.~; .:' :::d.~ ,..,n,[ ,~ .C4:: ,.1. !, ;:: . t)y ~ .2 q.-, ~.'.i! .i'~ ,; 750.cE,v)., '.",!:.~ ~!; 4..:-.' ;.tS ; ?.~6'.'.5-:.: 12 ?-~2,815 2.356.3"5 3,950,0q'0 13 VILLAGE OF MOUNT PROSPECT 1999 BUDGET SUMMARY AVAILABLE FUND BALANCES 12-31-99 [:alil:l&led 1999 1999 i .Sl:::;,n.'.: Fund B,llance ~udg~ Budgcl B.~i:u'cc BaLance 12-3L.,}$ Revenues Ex:~mit:u<~ 1= ~,-:,:, 1~-31-99 i' En~e Funds: .... )..0 Wa~r ~d S~or F~d ~.OS~,;~ , ,~9..,~0 7.790.a~ ': TM ~ ; ~ Pang Sys~ Rov~ue Fund 6~6.9C~ 2: ~. l ~) o07 l I (, 6 ). ,, ,~.. TO~ 4.37~11(~ 7,(~,330 7~99'.85l 3 ~ 639 2.1(~,~3 Internal $ervic~ Funds: Vehicle Maintenance Fund 216,483 1,0/~i.740 1,061.785 219 .-'.~ 8 100,000 Vehicle Replacement Fund 3.088,71 .i 2,134,$56 $? 1,500 ~.35 i. 770 5,030,00~ Computer Replacement Fund 173,933 I l g .631 70.650 221,914 2a5,000 Risk Management Fund 2.50d~.420 3 20-.000 3.23.¢.='~0 2..:"9 220 Totals 5,98~.5.~0 6,5:5.0:' 5.Z38.=25 7.2-2 3-'= Pension Police Pcnsl;m i':m,! 27.639.208 2.¢..27.2C.0 '..4.69.065 Fir~ Pension F'.,:4! 30.108,~)3 '_' .638.3L, O '...s-¢i 2,05.~ 3 ! ,Z8-'.20!; 30.410,00~. Benefit Trust .*2 F'ur:d !37.01t: 8.000 3a.000 I:: .02¢! T !0.013'3 Tota!s 57.88J-.3 i- 5.283.620 2.965.i20 ~.,q.202.'.8 ' ' 60.620.000 Torah - ~,"!:i,t':re F'mcs 82.322,85';' tiS.72*g.22.: ¢i7.248,22fi 8.".8¢.~).9(? 82.596,00~3 Less Per. skin }:und~ .~ .57,88-.'.3."~ 5.28:3.620 TOTAL AVAILABLE BALANCES VILLAGE FUNDS 24,4381542 631442,714 64,2831106 23~598,150 Mount Prospect Libmr7 Fund 1,128,4Ii 4~2.25,000 4,225,000 1,128,411 TOTAl. AVAILABLE BALAN'CE$ VII.LAGE & LIBRARY FUNDS '25.$66..953 67,667.714 6.~.508.100 (a) Pension Funds ar~ restricted for fumro peasion benefits and do not constitute 'Available Ftmd Balmaces.