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Home My WebLink AboutOrd 5532 12/20/2005 ORDINANCE NO. 5532 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2005 AND ENDING DECEMBER 31,2005 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 20th day of December, 2005 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, lllinois the 21 5t day of December, 2005. -O";';_""?"""'",;;'<;::r":;"","",~::7_""""";";":,,,,,w:..",,;:::..;,r~,,,,,,."'~"'-"'.""''''''''",''1'';;<:ii'iN.n,*,;;?~~\t'~)l.,Wi<l\~"~O~lS;l=>'",,~=1!=''''''\,''1''''''''''"-''''''''~''''=:'=""==:;":'''"'''''''''''~='','''''~'-'''=~Lno~.=", ORDINANCE NO. 5532 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2005 AND ENDING DECEMBER 31,2005 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 lllinois an annual budget for the fiscal year commencing January 1,2005 and ending December 31, 2005 was adopted through the passage of Ordinance No. 5475 approved by the Corporate Authorities of the Village of Mount Prospect on December 21,2004; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and approved Ordinance No. 5489 on May 17, 2005, amending the annual budget for the fiscal year commencing January 1,2005 and ending December 31, 2005; 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, 2005 and ending December 31,2005; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1,2005 through December 31,2005 Budget Amendment No.2 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.2, 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 1,2005 through December 31,2005 for the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No.2 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: Corcoran, Hoefert, Kom, Lohrstorfer, Skowron, Zadel NAYES: None ABSENT: None PASSED and APPROVED this 20th day of December, 2005. ~ t: tZ/~ , Irvana K. Wilks, Village President ATTEST '71~C1~rQ M. Lisa Angell, ,. illage Clerk VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1,2005 through December 31,2005 Revenues Original Amended Revenue Increase Revenue Fund/Program/Classification Account # Account Description Estimate (Decrease ) Estimate General Fund (001) Other Taxes 410150 Home Rule Sales Tax 1,152,275 133,725 1,286,000 Other Taxes 410400 Food & Beverage Tax 448,800 71,200 520,000 Other Taxes 414000 Real Estate Transfer Tax 928,500 581,500 1,510,000 Other Taxes 417300 Com Ed Electric Tax 946,250 178,750 1,125,000 Licenses, Permits & Fees 420300 Liquor Licenses 115,000 13,000 128,000 Licenses, Permits & Fees 421100 Building Permits 350,000 190,000 540,000 Licenses, Permits & Fees 421200 Electrical Permits 52,000 18,000 70,000 Licenses, Permits & Fees 421300 Plumbing Permits 37,000 25,000 62,000 Intergovernmental Revenues 430000 Sales Tax 9,056,295 (806,295) 8,250,000 I ntergovernmental Revenues 430100 Income Tax 3,436,580 768,420 4,205,000 Intergovernmental Revenues 430400 Use Tax 545,120 80,880 626,000 Intergovernmental Revenues 430600 Replacement Tax 203,120 103,880 307,000 Intergovernmental Revenues 434100 Police Training Grant 7,500 13,500 21,000 Fines & Forfeits 435900 Circuit Court Fines 190,000 40,000 230,000 Fines & Forfeits 450800 Forfeited Escrow Funds 42,000 23,000 65,000 Other Revenue 480110 Sale of Property 0 310,000 310,000 17,510,440 1,744,560 19,255,000 All other General Fund accounts 15,614,148 0 15,614,148 Total General Fund 33,124,588 1,744,560 34,869,148 Refuse Fund (030) Property Taxes 400200 Property Taxes - Prior 11,500 41,000 52,500 Charges for Service 445200 M/F Refuse Penalties 10,000 19,000 29,000 21,500 60,000 81,500 All other Refuse Fund accounts 3,320,273 0 3,320,273 Total Refuse Fund 3,341,773 60,000 3,401,773 Motor Fuel Tax Fund (050) Reimbursements 470900 Other Reimbursements 1,500 37,000 38,500 1,500 37,000 38,500 All other Motor Fuel Tax Fund accounts 1,668,100 0 1,668,100 Total Motor Fuel Tax Fund 1,669,600 37,000 1,706,600 CDSG Fund (070) Other Revenue 483000 Program Income 50,000 113,000 163,000 50,000 113,000 163,000 All other CDBG Fund accounts 449,000 0 449,000 Total CDBG Fund 499,000 113,000 612,000 Asset Seizure Fund (080) Fines and Forfeits 450450 Seized Assets 100 8,900 9,000 100 8,900 9,000 All other Asset Seizure Fund accounts 400 0 400 Total Asset Seizure Fund 500 8,900 9,400 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2005 through December 31, 2005 Revenues Original Amended Revenue Increase Revenue Fund/Program/Classification Account # Account Description Estimate (Decrease) Estimate Dut Fine Fund (086) Fines and Forfeits 450465 DUI Fines 10,000 11,000 21,000 10,000 11,000 21,000 All other DUI Fine Fund accounts 100 0 100 Total DUI Fine Fund 10,100 11,000 21,100 Series 2003B&I, Village Halt (190) Other Financing Sources 490560 Transfer from Street Imp. 0 167,824 167,824 0 167,824 167,824 All other Series 2003 B&I, Village Hall Fund accounts 927,912 0 927,912 Total Series 2003 B&I, Village Hall Fund 1,500,165 167,824 1,095,736 Capital Improvement Fund (510) Other Financing Sources 490550 Transfer - General Fund 0 16,695 16,695 Other Financing Sources 494600 Sale of Property 0 13,418 13,418 0 30,113 30,113 All other Capital Improvement Fund accounts 231,276 0 231,276 Total Capital Improvement Fund 231,276 30,113 261,389 Street Improvement Construction Fund (560) Other Taxes 410400 Food & Beverage Tax 155,000 25,000 180,000 Other Revenue 480900 Miscellaneous Income 0 14,750 14,750 155,000 39,750 194,750 All other Street Improvement Construction Fund accounts 1,210,165 0 1,210,165 Total Street Improvement Construction Fund 1,365,165 39,750 1,404,915 Water & Sewer Fund (610) Other Taxes 411200 SSA Taxes - Prior 10,000 26,000 36,000 Charges for Service 446300 Water Penalties 80,000 30,000 110,000 Charges for Service 446500 Water & Sewer Taps 30,000 18,000 48,000 120,000 74,000 194,000 All other Water & Sewer Fund accounts 8,373,217 0 8,373,217 Total Water & Sewer Fund 8,493,217 74,000 8,567,217 Risk Management Fund (690) Charges for Services 444000 MP Library Charges 314,283 110,717 425,000 Reimbursements 475100 Insurance Reimbursements 50,000 41,130 91,130 Other Revenue 487100 Employee Contributions 175,000 70,000 245,000 314,283 110,717 425,000 All other Risk Management Fund accounts 5,365,648 0 5,365,648 Total Risk Management Fund 5,679,931 110,717 5,790,648 Total Estimated Revenues Funds being changed 55,915,315 2,396,864 57,739,926 All other Village Budget accounts 15,545,793 0 15,545,793 Total Estimated Revenues After Changes 71,461,108 2,396,864 73,285,719 2 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1,2005 through December 31,2005 Expenditures Current Amended Budget Increase Budget Fund/Program/Classification Account # Account Description Amount (Decrease ) Amount General Fund (001) Village Manager's Office Personal Services 0011101-500000 Full-Time Earnings 284,690 15,310 300,000 Personal Services 0011101-500700 Vacation/Personal Incentive 8,000 12,000 20,000 Finance Department - Administration Personal Services 0011701-500750 Retiree Sick Incentive 0 10,377 10,377 Contractual Services 0011701-540110 Other Professional Services 1,000 6,455 7,455 Human Services - Administration Commodities & Supplies 0013101-570065 Other Equipment 1,500 300 1,800 Commodities & Supplies 0013101-570080 Other Supplies 1,500 250 1,750 Human Services - Nursing/Health Services Commodities & Supplies 0013103-570200 Medical Supplies 2,860 250 3,110 Police Department - Administration Personal Services 0014101-500750 Retiree Sick Incentive 43,000 12,200 55,200 Police Department - Patrol & Traffic Enforcement Personal Services 0014102-500750 Retiree Sick Incentive 0 20,850 20,850 Fire Department - Operations Personal Services 0014209-500000 Full-Time Earnings 0 20,425 20,425 Personal Services 0014209-500300 Overtime Earnings 0 13,400 13,400 Employee Benefits 0014209-510100 FICA Costs - Medicare 0 400 400 Commodities & Supplies 0014209-570080 Other Supplies 0 1,350 1,350 Public Works - Maintenance Public Buildings Utilities 0015101-550100 Natural Gas/Heat 11,330 3,670 15,000 Utilities 0015101-550500 Water & Sewer 1,750 1,750 3,500 Public Works - Street Maintenance Personal Services 0015104-500200 Seasonal Earnings 18,464 8,036 26,500 Personal Services 0015104-500300 Overtime Earnings 35,960 5,040 41,000 Public Works - Snow Removal Personal Services 0015105-500300 Overtime Earnings 91,840 58,160 150,000 Public Works - Forestry - Maintenance of Grounds Personal Services 0015202-500300 Overtime Earnings 16,590 50,410 67,000 Contractual Services 0015202-540225 Other Services 3,770 5,000 8,770 Public Works - Forestry - Forestry Program Personal Services 0015203-500300 Overtime Earnings 24,360 13,640 38,000 Contractual Services 0015203-540225 Other Services 4,790 5,000 9,790 Contractual Services 0015203-540725 Tree Removal 79,935 3,000 82,935 Community & Civic Services - Community Groups & Miscellaneous Contractual Services 0016102-540955 Sister Cities Commission 6,000 7,500 13,500 Community & Civic Services - 4th of July & Civic Events Personal Services 0016103-500300 Overtime Earnings 54,420 5,580 60,000 Non-Departmental Contingencies 0018901-800051 Capital Transfer 0 16,700 16,700 691,759 297,053 988,812 All other General Fund Accounts 33,297,626 0 33,297,626 Total General Fund 33,989,385 297,053 34,286,438 Motor Fuel Tax Fund (050) Public Works - Engineering Contractual Services. 0505405-540665 Traffic Control Program 0 25,000 25,000 Street Improvement Projects Infrastructure 0507706-690049 Resurfacing - MFT Fund 1,198,000 37,000 1,235,000 Infrastructure 0507706-690099 Bridge Rehab 218,040 6,960 225,000 1,416,040 68,960 1,485,000 All other Motor Fuel Tax Fund Accounts 745,632 0 745,632 Total Motor Fuel Tax Fund 2,161,672 68,960 2,230,632 3 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2005 through December 31,2005 Expenditures Current Amended Budget Increase Budget Fund/Program/Classification Account # Account Description Amount (Decrease) Amount DEA Shared Funds Fund (085) Other Equipment 0854102-670151 Other Equipment 1,000 29,500 30,500 1,000 29,500 30,500 All other DEA Shared Funds Fund Accounts 0 0 0 Total DEA Shared Funds Fund 1,000 29,500 30,500 DUI Fine Fund (086) Other Equipment 0864102-670151 Other Equipment 1,000 25,200 26,200 1,000 25,200 26,200 All other DUI Fine Fund Accounts 0 0 0 Total DUI Fine Fund 1,000 25,200 26,200 Capital Improvement Fund (510) Village Improvements & Equipment Building Improvements 5107701-640035 Pistol Range Renovation 95,000 27,000 122,000 95,000 27,000 122,000 All other Capital Improvement Fund Accounts 570,914 0 570,914 Total Capital Improvement Fund 665,914 27,000 692,914 Downtown Redevelopment Construction Fund (550) Downtown Redevelopment Construction Contractual Services 5507703-540028 Real Estate Sales Expense 0 3,000 3,000 Contractual Services 5507703-540110 Other Professional Services 40,000 53,500 93,500 Other Expenditures 5507703-590750 NWE Sales Tax Rebate 89,577 50,423 140,000 Other Expenditures 5507703-590755 Norwood Incentive 0 83,809 83,809 129,577 190,732 320,309 All other Downtown Redevelopment Construction Fund Accounts 161,487 0 161,487 Total Downtown Redevelopment Construction Fund 291,064 190,732 481,796 Street Improvement Construction Fund (560) Street Improvement Projects Infrastructure 5607706-690084 Resurfacing - St Imp Constr Fund 1,161,709 66,000 1,227,709 Non-Departmental Contingencies 5608901-800019 Transfer to 2003 Debt Service 0 167,824 167,824 1,161,709 233,824 1,395,533 All other Street Improvement Fund Accounts 4,000 0 4,000 Total Street Improvement Fund 1,165,709 233,824 1,399,533 Flood Control Construction Fund (590) Flood Control Projects Infrastructure 5907704-690102 Weller Creek Improvements 35,875 53,125 89,000 35,875 53,125 89,000 All Other Flood Control Construction Fund Accounts 547,538 0 547,538 Total Flood Control Construction Fund 583,413 53,125 636,538 4 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2005 through December 31, 2005 Expenditures Current Amended Budget Increase Budget Fund/Program/Classification Account # Account Description Amount (Decrease) Amount Water and Sewer Fund (610) Maintenance of Buildings Personal Services 6105502-500300 Overtime Earnings 4,220 3,080 7,300 Water Supply Maintenance & Repair Personal Services 6105504-500300 Overtime Earnings 45,120 4,880 50,000 Water Distribution Maintenance & Repair Personal Services 6105505-500300 Overtime Earnings 55,680 54,320 110,000 Lake Michigan Water Supply Contractual Services 6105512-540800 JAWA - Water Purchase 1,595,000 473,000 2,068,000 Contractual Services 6105512-540805 JAWA - Power Costs 150,000 (15,000) 135,000 Contractual Services 6105512-540810 JAWA - O&M Costs 185,000 65,000 250,000 Contractual Services 6105512-540815 JAW A - Fixed Costs 1,145,000 (190,000) 955,000 3,180,020 395,280 3,575,300 All Other Water and Sewer Fund Accounts 6,099,508 0 6,099,508 Total Water and Sewer Fund 9,279,528 395,280 9,674,808 Parking System Revenue Fund (630) Parking Lot Maintenance Personal Services 6305111-500000 Full-Time Earnings 15,675 14,825 30,500 Commodities & Supplies 6305111-570080 Other Supplies 0 1,700 1,700 15,675 16,525 32,200 All other Parking System Revenue Fund Accounts 250,394 0 250,394 Total Parking System Revenue Fund 266,069 16,525 282,594 Vehicle Maintenance Fund (660) Vehicle Maintenance Program Commodities & Supplies 6605702-570635 Vehicle Fuel - Gas 183,320 66,680 250,000 183,320 66,680 250,000 All other Vehicle Maintenance Fund Accounts 1,092,563 0 1,092,563 Total Vehicle Maintenance Fund 1,275,883 66,680 1,342,563 Fire Pension Fund (072) Fire Pensions Pension Benefits 7208203-530906 Surviving Spouse Pension 137,428 82,572 220,000 137,428 82,572 220,000 All other Fire Pension Fund Accounts 2,191,520 0 2,191,520 Total Fire Pension Fund 2,328,948 82,572 2,411,520 Total Village Budget Funds being changed 52,009,585 1,486,451 53,496,036 All other Village Budget Accounts 18,801,861 0 18,801,861 Total Village Budget after Changes 70,811,446 1,486,451 72,297,897 5