HomeMy WebLinkAboutOrd 6611 03/01/2022 Amendments to the annual budget adopted for the fiscal year commencing January 01, 2021 and endinf December 31, 2021ORDINANCE NO. 6611
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2021
AND ENDING DECEMBER 31, 2021
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF
TRUSTEES the 1 st day of March 2022
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect,
Illinois the 1 st day of March, 2022.
ORDINANCE NO. 6611
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2021
AND ENDING DECEMBER 31, 2021
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, 2021 and ending December 31,
2021 was adopted through the passage of Ordinance No. 6544 approved by the Corporate
Authorities of the Village of Mount Prospect on November 17, 2020; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have
passed and approved Ordinance No. 6558 on March 3, 2020 amending the annual budget
for the fiscal year commencing January 1, 2021 and ending December 31, 2021; 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, 2021 and ending December 31, 2021; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe
the changes, as specified on the attached January 1, 2021 through December 31, 2021
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 Number Two, 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, 2021 through December 31,
2021 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: Filippone, Gens, Matuszak, Pissarreck, Rogers, Saccotelli
NAYES: None
ABSENT: None
PASSED and APPROVED this 1st day of March _, 2022.
ATTEST
.. K�aren Agora os.. .....a... .........
Village Clerk
Village of Mount Prospect
Budget Amendment No. 2
Fiscal Year January 1, 2021 to December 31, 2021
Expenditures
Current
Budget Increase/ Amended
Fund/Account Number Amount (Decrease) Budget
Amended Funds
001 General Fund
Amendments
001.50.01.00.0.000.530.006 - Professional Services Other Prof. Serv.
6,000
(1,500)
4,500
001.60.01.00.0.000.655.004 - Computer Equipment Computer Eqpt - Depts
20,000
(8,000)
12,000
001.60.01.00.0.252.532.002 - Equipment Maintenance & Repair Equipment Maint.
35,000
(17,000)
18,000
001.60.61.65.0.000.621.005 - Police Commodities Ammunition & Targets
53,000
(27,000)
26,000
001.70.71.00.0.000.665.017 - Other Equipment Fire Hose & Appliances
14,500
(1,640)
12,860
001.70.71.00.0.000.665.018 - Other Equipment Firefighting Equipment
8,200
(1,440)
6,760
001.70.71.00.0.000.665.045 - Other Equipment Turn Out Clothing
35,518
(2,290)
33,228
001.70.71.00.0.300.668.001- Radio Equipment Radio Equip -Fire
19,500
(3,350)
16,150
001.70.71.00.0.3_02.665.045 - Other Equipment Turn Out Clothing
._......w ._. _..... _................................... ..w.. ...........................
5,898_
_...19..... ._._...,.
(2,599)
........
3,299
Amendments Total
50,000
_ ........
64,819)
132,797
Other Budgeted Accounts for the Fund
�........wwwwww.W,..
61,567,079
�.
61,567,079
_.�.„.a......__°76
001 General
_w_..�.eral Fund Total
.._.......�...,,� � .a m....._
61,764,69µµ......
6.. ,6 5 .....
oon (64 $19)
61 699,876
020 Capital Improvement Fund
Amendments
020.70.90.00.1.709.665.048 - Other Equipment Village Warning Sirens
120,000
(138,000)
(18,000)
020.80.90.00.0.706.645.020 -Village Hall Facility Improvements
93,000
(93,000)
020.80.90.00.1.704.636.033 - Other Expenditures Central Road Ped Crossing
571,061
(235,000)
336,061
020.80.90.00.1.704.678.022 - Streets Train Station Platform Extension
900,000
(900,000)
020.80.90.00.1.705.676.008 - Streetlights & Traffic Signals Res Streetlight Improv
225,000
(91,701)
133,299
020.80.90.00.1.705.679.002 - Other Infrastructure Ped Bridge - Melas/Mead
408,478
(37,977)
370,501
020.80.90.00.1.706.649.020 - Public Works Facility Facility Imp
375,000
(221,253)
153,747
020.80.90.00.1.706.651.010 - Other Public Facilities Repl HVAC -Pub Bldgs
140,000
(25,000)
115,000
020.70.90.00.1.706.646.001 - Fire Station #12 Fire Station Imp
80,000
(71,028)
8,972
p
020.80.90.00.0.706.646.020 Fire Station #12 FacilityImprovements ....................._.._,_._............,,,..
50,000
_ ........
(50,000)
_.... .... ..
... ...........
Amendments Tota ..... ,.o._. __ _....62,959)
2,962,539 ._.
(.1 862,...... .............o,099
1,099,580
580
Other Budgeted Accounts for the Fund
.._o...
1,335,886
m
1,335,886
020 Capital Improvement Fund Total
4,298,425
(1,862,959)
2,435,466
023 Street Improvement Construc Fund
Amendments
023.80.90.00.0.710.636.031 - Other Expenditures Bike Route Sign Project 80,000 (47,073) 32,927
Amendments_Total.....,.. ........................... .m_....................................................,,.,,,.....__................................._...._...._�......_........... ..S.O.,.O.oO.......�....... µ;47,073)..__a..._.-.32,927
Other Budgeted Accounts for the Fund ........ ...........��� 4,384,958-,o�o�o�......�,,..�.�....�.�.�.�.�.4,384,9_58
023 Street Improvement Construc Fund Total ................_...wwwww ------ �......4,464,958 _ _ (47,073) ----------------
023
_ 4,417,885
Village of Mount Prospect
Budget Amendment No. 2
Fiscal Year January 1, 2021 to December 31, 2021
Expenditures
041 Motor Fuel Tax Fund
Amendments
041.80.90.00.0.705.678.002 - Streets Resurfacing MFT Fund 2,049,000 (318,227) 1,730,773
_....._.................., .................._-,g.w. ..............._. µ ww..,w.......�,.......... .......................
...........................� w_..._w.................._ _ ......._._.�
Amendments Total 2,049,000 (318,227) 1,730,773
OtherBudgeted Ac r the Fund 1,051,376 1,051,376
................... ..COUnts fo...,...o....................................................................... ... ... ...........,.........
041 Motor Fuel Tax Fund Total......................................................_.o... 3,100,376 ........
.....0...........(318,2.2'._.............2,782,.149...
045 DUI Fine Fund
Amendments
045560.900.00.0.708.6600003—Motor EquipmentPolice Vehiclesm .. ... .u. 45,000 (45,000) ....� N
Amendments Total 45,000 (45,000)
.....o�.-�� .... vv ... .......
...... ...
Other Budgeted Accounts for the Fund _.._.... a .-., m ............ ...�...._.._...-_._________�..ww 3,000
045 DUIµFine Fund WTotal ........_„ ....-.-......,..._,..µ . ._ _ 48,000 _...._. ._.(45,000) 3,000
046 Foreign Fire Tax Board Fund
Amendments
046r70.71.00.0.301.665021w Other Equipment Furniture ~& Equipmentwww µW ._ . 10,000rMµMMMµMµ MM M(28,71_2) w . „(18,712)
Amendments Total ..._..._ .... _ 10,000 ....... ... ...-28,712) (18,712)
Other Budgeted Accounts for the Fund....._......m_...._......._.............„„ µ ......._. ___. 56,950.. _...........:......_......... .......-....,.56,950
046 Foreign Fire Tax Board Fund Total 66,950 (28,712) 38,238
050 Water and Sewer Fund
Amendments
050.80.90.00.1.700.651.012 - Other Public Facilities Pump Station Facility Improv
050.80.90.00.1.700.671.003 - Water Distribution Water Main Repl
050.80.90.00.1.700.671.005 - Water Distribution Deep Well Rehab
050.80.90.00.1.701.672.002 - Sewer System Lift Station Rehab
385,000
Current
235,779
3,329,478
(1,270,173)
Budget
Increase/
Amended
Fund/Account Number
Amount
(Decrease)
Budget
024 Flood Control Construction Fund
Amendments
024.80.90.00.1.702.666.003 - Emergency Generators Emergency Generator Levee 37
257,792
(244,590)
13,202
024.80.90.00.1.702.677.003 - Flood Control Levee 37
.................................. ............ www._._....-....._................... .. __...._...._..... ..........d.
9,300,000
.. . (3_5,976) .......9,277,226
9,264,024
Amendments Total
._... ........................w.w. ... ..........
_N
9,557,792...
(280,566)
..
g.. he Fund
Other Budgeted Accounts fort... .......................................
µ
458,570
._.... ...................................................��_.._.................-.......,,,,,,,,.�.�.�.�.�.�.�.�.�.�
�....,.,.,.,
458,570
024 Food Control Construction Fund Total
...._............._.__...................-........................,,_,....,........... . ....... _.....
10,016 362
_.w..w.�,,...................._...._�......�566)
280 ..
9,735,796
041 Motor Fuel Tax Fund
Amendments
041.80.90.00.0.705.678.002 - Streets Resurfacing MFT Fund 2,049,000 (318,227) 1,730,773
_....._.................., .................._-,g.w. ..............._. µ ww..,w.......�,.......... .......................
...........................� w_..._w.................._ _ ......._._.�
Amendments Total 2,049,000 (318,227) 1,730,773
OtherBudgeted Ac r the Fund 1,051,376 1,051,376
................... ..COUnts fo...,...o....................................................................... ... ... ...........,.........
041 Motor Fuel Tax Fund Total......................................................_.o... 3,100,376 ........
.....0...........(318,2.2'._.............2,782,.149...
045 DUI Fine Fund
Amendments
045560.900.00.0.708.6600003—Motor EquipmentPolice Vehiclesm .. ... .u. 45,000 (45,000) ....� N
Amendments Total 45,000 (45,000)
.....o�.-�� .... vv ... .......
...... ...
Other Budgeted Accounts for the Fund _.._.... a .-., m ............ ...�...._.._...-_._________�..ww 3,000
045 DUIµFine Fund WTotal ........_„ ....-.-......,..._,..µ . ._ _ 48,000 _...._. ._.(45,000) 3,000
046 Foreign Fire Tax Board Fund
Amendments
046r70.71.00.0.301.665021w Other Equipment Furniture ~& Equipmentwww µW ._ . 10,000rMµMMMµMµ MM M(28,71_2) w . „(18,712)
Amendments Total ..._..._ .... _ 10,000 ....... ... ...-28,712) (18,712)
Other Budgeted Accounts for the Fund....._......m_...._......._.............„„ µ ......._. ___. 56,950.. _...........:......_......... .......-....,.56,950
046 Foreign Fire Tax Board Fund Total 66,950 (28,712) 38,238
050 Water and Sewer Fund
Amendments
050.80.90.00.1.700.651.012 - Other Public Facilities Pump Station Facility Improv
050.80.90.00.1.700.671.003 - Water Distribution Water Main Repl
050.80.90.00.1.700.671.005 - Water Distribution Deep Well Rehab
050.80.90.00.1.701.672.002 - Sewer System Lift Station Rehab
385,000
(149,221)
235,779
3,329,478
(1,270,173)
2,059,305
1,060,000
(169,266)
890,734
1,037,682
(398,951)
638,731
050.80.90.00.1.700.671.008 - Water Distribution Elevated Tanko. oo300 000, (289,200) 10,80,0
Amendments Total ww._....___. ._. ........ _._. 6,112,160__.(2,276,811) .3,835,349
Other Budgeted Accounts for the Fund 16,923,705 . MUMU- w16,923,705
...
0 Water _........................ ,........--- .......... .w.w, ,� �._........................._.. ._ .., .
_..50aand
.............. Sewer Fund Total �µ�.�.�..�..�............_w._...-m�.....m�............�.....-�.�.�-.�.,.....�.�.�.�.�.....�.�-.�..��...............�..� �_�.�.�.�.�.. 23,035,865 (2,276,811).�_�........20,759,054..
Village of Mount Prospect
Budget Amendment No. 2
Fiscal Year January 1, 2021 to December 31, 2021
Expenditures
•
28,643,640 28,643,640
Total All Funds 137,513,283 5 Icj1:;j:i:11,,lIj 132,217 650
Current
Budget
Increase/
Amended
Fund/Account Number
Amount
(Decrease)
Budget
061 Vehicle Replacement Fund
Amendments
061.60.90.00.1.708.660.003 - Motor Equipment Police Vehicles
234,893
(115,222)
119,671
061.70.90.00.1.708.660.005 - Motor Equipment Fire Vehicles
1,005,000
(21,244)
983,756
......1. 0.90.00.1.708.660.006 - Motor Equipment PW Vehicles .. ........
834119
...
(...2...3.....5....,.000)
Amendments Total
�� �........ ................ ��
o..........�59.._9_,.1.�19
(371,466)
.
1 702 546
,
Other Budgeted Accounts for the Fund
ww_............__�...... ........... ___...... ................ .
-
wµw..
061 Vehicle �R..e...p�lacem.....e_.n_.t.._Fund Total_._.......�.....00000�.......,�,...__..w.� �....., _..._........_
_..............
.w�.........2�µ..., d.7....4..., ..0....1....2.... ..........
..........m._..(..3..71 ,466) ....�..�..��1
...,..7..._.0_...2....,...5....4....6....M
Amended Funds . Total A..ggw
w 108,869,643
(5,295,638)
103,574,030
•
28,643,640 28,643,640
Total All Funds 137,513,283 5 Icj1:;j:i:11,,lIj 132,217 650