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HomeMy WebLinkAboutOrd 4818 09/03/1996 ORDINANCE NO. 4818 AN ORDINANCE AMENDING ARTICLE V ENTITLED 'FINANCE DEPARTMENT' OF CHAPTER 4 OF THE VILLAGE CODE OF MOUNT PROSPECT Passed and approved by the President and Board of Trustees the 3rd day of September ,1996 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 3rd day of September , 1996. BH/caf 8/13196 ORDINANCE NO. 4818 AN ORDINANCE AMENDING ARTICLE V ENTITLED "FINANCE DEPARTMENT" OF CHAPTER 4 OF THE VILLAGE CODE 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 Section 4.504.K of Article V entitled "Finance Department" of Chapter 4 (Appointive Village Officers) of the Village Code of Mount Prospect, as amended, is hereby further amended by adding thereto subparagraph 8; so that hereafter said Section 4.504.K. 8 shall include the following: " 8. Upon the written authorization of the Village Manager to make transfers between or among accounts within the same department or between or among departments within the same fund. The authority to make such transfers need only be granted once and shall extend until revoked, in writing, by the Village Manager. Any budget revision that would increase the total expenditures for any fund may only be accomplished by a budget amendment approved by the Village Board. The Village Manager shall be notified in writing of any inter-departmental transfer within a fund. " SECTION TWO: That 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. AYES: C]owes, Corcoran, Hendr~cks, Hoefert, Skowron, t~]ks NAYS: None ABSENT: None PASSED and APPROVED this 3rd day of September ,1996. g sident / A'I-rEST: Carol A. Fields Village Clerk