HomeMy WebLinkAboutOrd 6845 04/21/2026 Making Certain Amendments To The Annual Budget Adopted For The Fiscal Year Commencing January 1, 2026 And Ending December 31, 2026ORDINANCE NO. 6845
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2026
AND ENDING DECEMBER 31, 2026
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF
TRUSTEES the 21st day of April, 2026
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect,
Illinois the 21 st day of April, 2026.
ORDINANCE NO.6845
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2026
AND ENDING DECEMBER 31, 2026
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, 2026, and ending December
31, 2026, was adopted through the passage of Ordinance No. 6814 approved by the
Corporate Authorities of the Village of Mount Prospect on November 19, 2025; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have
passed and approved Ordinance No. 6835 on March 16, 2026 amending the annual budget
for the fiscal year commencing January 1, 2026 and ending December 31, 2026; 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, 2026, and ending December 31, 2026, and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe
the changes, as specified on the attached January 1, 2026, through December 31, 2026,
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, 2026, through December 31,
2026, 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, DiPrima, Gens, Grossi, Matuszak, Saccotelli
NAYES: None
ABSENT: None
PASSED and APPROVED this 21st day of April , 2026.
ATTEST
�. Y7�-�J
Karen os
Village Clerk
Village of Mount Prospect
Budget Amendment No. 2
Fiscal Year January 1, 2026 to December 31, 2026
Expenditures
Increase /
Fund/Account Number
Current Budget
(Decrease)
Amended Budget
Amended Funds
050 - Water and Sewer Fund
Amended Accounts
050.80.90.00.1.700.671.008 - Elevated Tank
150,000
150,000
Amended Accounts Total
150,000
150,000
Other
Other Budgeted Accounts for the Fund
28,220,942
28,220,942
Other Total
28,220,942
28,220,942
050 - Water and Sewer Fund Total
28,220,942
150,000
28,370,942
061 - Vehicle Replacement Fund
Amended Accounts
061.40.90.00.1.708.660.014 - CD Bldg Vehicles
46,000
63,410
109,410
061.60.90.00.1.708.660.003 - Police Vehicles
443,697
22,000
465,697
Amended Accounts Total
489,697
85,410
575,107
Other
Other Budgeted Accounts for the Fund
3,384,295
-
3,384,295
Other Total
3,384,295
3,384,295
061 - Vehicle Replacement Fund Total
3,873,992
85,410
3,959,402
Amended Funds Total
32,094,934
235,410
32,330,344
Other Funds
Other Funds
Other
Other Budgeted Accounts forthe Fund
176,743,351
176,743,351
Other Total
176,743,351
176,743,351
Other Funds Total
176,743,351
176,743,351
Other Funds Total
176,743,351
-
176,743,351
Total All Funds
208 838 '2'8S
235,410
209,073,,695