HomeMy WebLinkAboutOrd 4930 05/05/1998 ORDINANCE NO. 4930
AN ORDINANCE MAKING CERTAIN AMENDMENTS
TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR
COMMENCING JANUARY 1, 1997 AND ENDING DECEMBER 31, 1997
Passed and approved by
the President and Board of Trustees
the 5th dayof May , 1998
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
7th day of May ,1998.
af/
4/29/98
ORDINANCE NO. 4930
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE
ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING
JANUARY 1, 1997 AND ENDING DECEMBER 31, 1997
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, 1997 and ending December 31, 1997
was adopted through the passage of Ordinance No. 4834 approved by the corporate authorities
of the Village of Mount Prospect on December 17, 1996; 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 fiscal year commencing January 1,
1997 and ending December 31, 1997; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the
changes, as specified on the attached January 1, 1997 through December 31, 1997 Budget
Amendment No. 3, to be in the best interest of the Village of Mount Prospect.
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, 1997 through December 31, 1997 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: Clowes, Corcoran, Lohrstorfer, Nocchi, Wilks
NAYS: None
ABSENT: Hoefert
PASSED and APPROVED this 5th dayof Ma,y ,1998.
ATTEST: Gerald L. Farle~vill.~ge Pre ~/
VILLAGE OF MOUNT PROSPECT
Amendment No. 3 to the
Budget for the Fiscal Year from January 1 through December :31, 1997
Expenditures/Expenses
Original/
Previously
Amended Amended
Item Account Account Budget Increase/ Budget
No. Program/Classification Number Description Amount (Decrease) Amount
General Fund:
1 Fund Balance 010000-351220 EquRy Transfer Out 0 701,538 701,538
General Fund Changes 0 701,538 701,538
All Other General Fund 23,667,197 23,667,197
General Fund After Changes 23,667,197 24,368,735
Local lava Enforcement
Block Grant Funa~.
2 Patrol & Traffic Enforcement 094102-500300 Overtlmo Eamin~gs 0 1,000 1,000
3 Patrol & Traffic Enforcement 094102-510100 FICA Costs - Medicare 0 15 15
4 Patrol & Traffic Enforcement 094102-540945 Computer Snf~vave 0 2,290 2,290
5 Patrol & Traffic Enforcement 094102-570070 Office Supplies 0 570 570
6 Patrol & Traffic Enforcement 094102-570080 Other Supplies 0 20 20
Local Law Enforcement Block
Grant Fund Changes 0 3,895 3,895
All Other Local Law
Enforcement Block Gram Fund 0 0
Local Law Enforcement Block
Grant Fund After Changes 0 3.895
Downtown Redevelopment
B&11991B Fund:
7 Bank and Fiscal Fees 238103-730312 1991B G.O. Bonds Bank Fe~ 500 150 650
Downtown Redevelopment
B&I 199iB Fund Changes 500 150 650
All Other Downtown Redevelop-
ment B&I 1991B Fund 36,995 36,995
Downtown Redevelopment
B&I 1991B Fund Changes 37.495 37,645
Previously
Amended Amended
Item Account Account Budget Increase/ Budget
No. Program/Classification Numl~r Description Amount (De. tease) Amount
Downtown Redevelopment
B&I J992B Fund:
8 Bank and Fiscal Fees 248103-730317 1992B G.O. Bonds Bank Fee 500 100 600
Downtown Redevelopment
B&I 1992B Fund Changes 500 100 600
All Other Downtown Redevelop-
ment B&I 1992B Fund 7,795 7,795
Downtown Redevelopment
B&I 1992B Fund After Changes 8.295 8.395
Street Improvement
Construction Fund:
9 Contractual Services 567706-540110 Other Professional Services 0 2,500. 2~500
Street Improvement
Construction Fund Changes 0 2,500 2,500
All Other Street Improvement
Construction Fund 479,000 479,000
Street Improvement
Construction Fund After Changes 479,000 481,500
Water & Sewer Fund:
10 Water & Sower Division Admin. 615501-590800 Depreciation 0 365,000 365,000
Water & Sower Fund Changes 0 365,000 365,000
Ail Other Water & Sewer Fund 7,362,634 7,362,634
Water & Sower Fund
After Changes 7,362,634 7,727,634
Parking System
Revenue Fund..
11 Parking Lot Maintenance 635111-590800 D~preoiafion 0 25,000 25,000
Parking System Revenue
Fund Changes 0 25,000 25,000
Ail Other Parking System
Revenue Fund 148,010. 148~010
Parking System Revenue Fund
After Changes 148.010 173,010
Previously
Amended Amended
Item Account Account Budget Increase/ Budget
No. Program/Classification Number Description Amount (Decrease) Amount
Vehicle Maintenance
Fund:
12 Vehicle Division Admin. 665701-500700 Compensated Absences 11,000 6,000 17,000
13 Vehicle Maintenance Program 665702-500300 Overtime Earnings 35,500 6,500 42,000
14 Vehicle Maintenance Program 665702-590800 Depreciation 0 13,500 13~500
Vehicle Maintemmce Fund
Changes 46,500 26.000 72,500
All Other Vehicle
Maintenance Fund 927~677 927,677
Vehicle Maintenance Fund
After Changes 974,177 1.000.177
Vehicle Replacement Fund:
15 Motor Equipment Replacement 677709-590800 Depreciation 0 627~000 627,000
Vehicle Replacement Fund
Changes 0 627,000 627,000
All Other Vehicle Replacement
Fund 1,300,150 1,300,150
Vehiola Replacement Fund
After Changes 1,300,150 1,927,150
Computer Replacement Fund:
16 Computer Replacement 687710-590800 Depreciation 0 17,500 17,500
Computer Replacement Fund
Changes 0 17,500 17,500
All Other Computer Replacement
Fund 95,130 95,130
Computer Replacement Fund
After Changes 95,130 112,630
Police Pension Fund:
17 Pension Benefits 718202~530100 Retirement Pensions 730,000 65,000 795,000
Police Pension Fund Changes 730,000 65.000 795,000
All Other Police Pension Fund 215~725 215,725
Police Pension Fund
After Changes 945,725 1,010,725
Orig~a~
Previously
Item Acoount Account Budget Increase/ Budget
No. Program/Classification Number Description Amount (Decreose) Amoutrt
Firefighters' Pension Fund:
18 Pension Benefits 728203-530200 Disability Pensions 180,000 75,000 255,000
Firefighter# Pension Fund
Changes 180,000 75.000 255,000
All Other Firefighters' Pension
Fund 953,075 953,075
Fimfighters' Peasion Fund
A~cr Changes 1,133,075 1,208,075
I~llage Budget:
Changes to Village Budget 957,500 1.908.683 2,866,183
All Other Village Budget 52~225~946 52r225,946
Village Budget After Changes 53,183,446 55,092,129