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Home My WebLink AboutOrd 4267 01/02/1991 ORDINANCE NO. 4267 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING MAY 1, 1990 TO APRIL 30, 1991 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 2nd day of January , 1991 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 3rd day of January , 1991. ORDINANCE NO. 4267 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING MAY 1, 1990 TO APRIL 30, 1991 W~HEREAS, 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 May 1, 1990 to April 30, 1991 was adopted through the passage of Ordinance No. 4175 approved by the corporate authorities of the Village of Mount Prospect on April 17, 1990; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have reviewed certain additions and changes to the aforesaid budget for fiscal 1990/91; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached 1990/91 budget amendment pages, to be in the best interest of the Village 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 the fiscal year 1990/91 budget for the Village of Mount Prospect is hereby amended, as detailed on Schedule "A" attached hereto. ~ECTION 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: Arthur, Busse, Corcoran, Floros, Van Geem, Weibel NAYS: None ABSENT: None PASSED and APPROVED this 2nd day of January , 1991 ~era~d L~ Farley.// Village President ATTEST: Carol A. Fields Village Clerk ~chedule A VILLAGE OF MOUNT PROSPECT 1990/91 Budget Amendments November 30, 1990 Revenues Amended 90/91 Increase 90/91 Budget <Decrease> BudKet · Risk Management Fund 49-000-00-4176 General Fund Changes $ 1,206,000 $ 89,100 $ 1,295,100 49-000-00-4177 Water Fund Changes 199,500 7,800 207,300 49-000-00-4248 Investment Income 100,000 < 20,000> 80,000 Risk Mgr. Fund Changes $ 1,505,500 $ 76,900 $ 1,582,400 Ail Other Risk Mgr. Fund 325~500 325,500 Amended Risk Mgt. Fund ~ $ ~ 76.900 ~ 1~907~900 Summary of Revenue Changes Amended 90/91 Increase 90/91 BudKet <Decrease> Budget Risk Management Fund $ 1,831,000 $ 76,900 $ 1,907,900 Ail Other Funds 42,256,550 42,256,550 Amended Budget Totals $44~087,550 $ 76,900 ~ VILLAGE OF MOUNT P~OSPEGT 1990/91 BudEet Amendments November 30, 1990 Expenditures Amended 90/91 Increase 90/91 Budget <Decrease> Budget General Fund Village Manager's Office 1-021-01-6650 Medical Insurance $ 12~000 $ 1~200 $ 13,200 1-021-02-6015 Special Counsel 15,000 25~000 40,000 1-021-08-5941 Salary Administration 10,000 < 10,000> Cable TV Division 1-022-01-6650 Medical Insurance 6,000 600 6,600 Finance Department 1-031-01-6650 Medical Insurance 36,000 3,600 39,600 Village Clerk's Office 1-032-01-6650 Medical Insurance 6,000 600 ~6,600 Inspection Services Department 1-037-02-6650 Medical Insurance 31,500 3,150 34,650 1'037-06-6650 Medical Insurance 22,500 2,250 24,750 Police Department 1-041-01-5845 Salary Adjustments 10,000 10,000 1-041-01-6650 Medical Insurance 30,000 3,000 33,000 1-041-02-6650 Medical Insurance 198,000 19,800 217,800 1-041-03-6650 Medical Insurance 6,000 600 6,600 1-041-04-6650 Medical Insurance 36,000 3,600 39,600 1-041-06-6650 Medical Insurance 3,000 300 3,300 Fire Department 1-041-01-6650 Medical Insurance 15,000 1,500 16,500 1-041-02-6650 Medical Insurance 192,000 19,200 211,200 1-041-04-6650 Medical Insurance 18,000 1,800 19,800 1-041-06-6650 Medical Insurance 6,000 600 6,600 VILLAGE OF MOUNT PROSPECT 1990/91 Budget Amendments November 30, 1990 Expenditures Amended 90/91 Increase 90/91 Budget <Decrease> Budget Human Services Division 1-052-01-6650 Medical Insurance $ 18,000 $ 1,800 $ 19,800 Planning & Zoning Department 1-062-01-6650 Medical Insurance 15,000 1,500 16,500 Street Division 1-071-01-6650 Medical Insurance 90,000 9,000 99,000 1-071-07-6695 Central/WaFella Eng. 45,000 45,000 Refuse Disposal Division 1-075-02-6237 Refuse Bag Collection 100,000 < 25~000> 75,000 1-075-02-7025 Refuse Bags 87,500 < 32,500> 55,000 Capital Improvements 1-077-81-8003 Melas Park Develp. I00,000 < 86,600> 13~400 General Fund Changes $ 1,053,500 $ $ 1,053,500 Ail Other General Fund 16,936,000 16,936,000 Amended General Fund ~t7~989~500 $ $17,989~500 Water Fund 41-072-01-6650 Medical Insurance $ 78,000 $ 7,800 $ 85~800 41-072-12-6703 0 & M Costs - JAWA 240,000 < 7,800> 232,200 Water Fund Changes $ 318,000 $ $ 318,000 Ail Other Water Fund 6,393,470 6.393.470 Amended Water Fund ~ $- ~ 617111470 2 VILLAGE OF MOUNT PROSPECT 1990/91 Budget Amendments November 30, 1990 Expenditures Amended 90/91 Increase 90/91 Budget <Decrease> Budget Parking Fund 46-073-03-8729 Retaining Wall Repairs $ 70,000 $ 25,000 $ 95,000 All Other Parking Fund 137,545 137~545 Amended Parking Fund $ 207~545 $ 25~000 $ 232,545 Risk Management Fund 49-035-01-6721 Claims - General $ 250,000 $ 75,000 $ 325,000 49-035-01-6722 Claims - Medical 925~000 100,000 1,025~000 Risk Mgr. Fund Changes $ 1,175,000 $ 175,000 $ 1,350,000 Ail Other Risk Mgr. Fund 566,000 566,000 Amended Risk Mgr. Fund ~ 11741,000 $175,000 $ 1~9161000 Summary of Expenditure Changes Amended 90/91 Increase 90/91 Budget <Decrease> Budget General Fund $17,989,500 $ $17,989,500 Water Fund 6,711,470 6,711,470 Parking Fund 207,545 25,000 232,545 Risk Management Fund 1,741,000 175,000 1.916.000 Total Fund Changes $26,649,515 $ 200,000 $26,849,515 Ail Other Funds 16.301,790 16~301~790 Amended Budget Totals ~ $ 200,000 $43.151.305 3