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HomeMy WebLinkAboutOrd 4770 12/23/1995 ORDINANCE NO. 4770 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1996 TO DECEMBER 31, 1996 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE Passed and approved by the President and Board of Trustees the 23rd day of December ,1995 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 23rd day of December , 1995. ORDINANCE NO. 4770 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR CO~CING JANUARY 1, 1996 TO DECEMBER 31, 1996 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 President and Board of Trustees of the Village of Mount Prospect have determined that effective lanuary I, 1996 the annual budget of the Village of Mount Prospect shall be for the fiscal year commenc'mg January 1 and ending December 31; and WHEREAS, the tentative annual budget for the Village of Mount Prospect for the fiscal year beginning January 1, 1996 and ending December 31, 1996, 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 6, 1995, for public inspection, as provided by Statute; and WHEREAS, pursuant to notice duly published on December 7, 1995, a public hearing was held by the President and Board of Trustees on said tentative annual budget on December 19, 1995 and continued to December 23, 1995, 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: SECTION ONE: The annual budget for the Village of Mount Prospect for the fiscal year beginning January 1, 1996 and ending December 31, 1996, 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. SECTION TWO: Within thirty 00) days following the adoption of this Ordinance there shall be filed with 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 January 1, 1996 and ending December 31, 1996, duly certified by the Chief Fiscal Officer. SECTION THREE: 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: Corcoran, Hoefert, Skowron, Wilks NAYS: Clowes, Hendricks ABS~: None PASSED AND APPROVED this 23rd day of December. 1995. ~' Gerald L. Farley./// Carol A. Fields Village Clerk