HomeMy WebLinkAboutOrd 6789 04/15/2025 Making Certain Amendments To The Annual Budget Adopted For The Fiscal Year Commencing January 1, 2025 And Ending December 31, 2025ORDINANCE NO. 6789
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2025
AND ENDING DECEMBER 31, 2025
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF
TRUSTEES the15 day of April, 2025
ORDINANCE NO.6789
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2025
AND ENDING DECEMBER 31, 2025
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, 2025, and ending December
31, 2025, was adopted through the passage of Ordinance No. 6762 approved by the
Corporate Authorities of the Village of Mount Prospect on November 6, 2024; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have
passed and approved Ordinance No. 6782 on March 18, 2025 amending the annual budget
for the fiscal year commencing January 1, 2025 and ending December 31, 2025; 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, 2025, and ending December 31, 2025, and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe
the changes, as specified on the attached January 1, 2025, through December 31, 2025,
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, 2025, through December 31,
2025, 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: Dante, Gens, Grossi, Matuszak, Saccotelli
NAYES: None
ABSENT: None
PASSED and APPROVED this 15th day of April , 2025.
Paul Wm. 1i
Mayor
ATTEST
. ..............
Karen Agoranos
Village Clerk
uuWgc% .ncnL Iw. &-
Fiscal Year January 1, 2025 to December 31, 2025
Expenditures
Increase /
id/Account Number Current Budget (Decrease) Amended Budget
ended Funds
Z4 - Flood Control Construction Fund
Amended Accounts
024.80.90.00.1.703.677.019 - Storm Sewer Imp
-
823,091
823,091
Amended Accounts Total
-
823,091
823,091
Other
Other Budgeted Accounts for the Fund
1,293,970
-
1,293,970
Other Total
1,2.93,970
-
1,293,970
Z4 - Flood Control Construction Fund Total
1,293,970
823,091
2,117,061
ended Funds Total
1,293,970
823,091
2,117,061
ier Funds
therFunds
Other
Other Budgeted Accounts for the Fund 175,548,366 175,548,366
Other Total 175,548,366 - 175,548,366
ther Funds Total
ier Funds Total
175,548,366
175,548,366
175, 548,366
175,548,366
al All Funds
176,842,366 823,091 177,665,427,