HomeMy WebLinkAboutOrd 6545 Making certain amendments to the annual budget adopted for the fiscal year commencing January 1, 2020 and ending December 31, 2020AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1. 5 2020
AND ENDING DECEMBER 31, 2020
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 18th day of'Novem.,ber, 2020.
ORDINANCE NO. 6544
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2020
ANIS ENDING DECEMBER 31, 2020
WHEREAS, the President and Beard 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, S, pursuant to the aforesaid Ordinance and the Statutes of the State of Illinois an
annual budget for the fiscal year commencing January 1, 2020 and ending December 31,
2020 was adopted through the passage of Ordinance No. 6485 approved by the Corporate
Authorities of the Village of Mount Prospect on November 19, 2019; and.
WHEREAS, the President and Beard of Trustees of the Village of Mount Prospect have
passed and approved Ordinance No. 6506 on. March 3, 2020, amending the annual budget
for the fiscal year commencing January 1, 2020 and ending December 31, 2020; and
WHEREAS, the President and Board of Trustees of the village of Mount Prospect have
passed and approved Ordinance No. 6531. on. September 15 2020, amending the annual
budget for the fiscal year commencing January 1, 2020 and ending December 31, 2020;
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, 2020 and ending December 31, 2020; and.
WHEREAS, the President and Beard of Trustees of the Village of Mount Prospect believe
the changes, as specified on the attached January 1, 2020 through. December 31, 2020
Budget Amendment No. 3 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 Number three, 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, 2020 through .December 31,
2020 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
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passage, approval and publication in pamphlet form as provided by law.
It •l, 0 4 -
rl'ASSED and APPROVED this 17th day of I',- November 1 2.0020.
-ILL,
Arlene Aq.J cels
Mayor
44,
...... . . ... .... ......
Karen Agorzm ''s
Village Clerk