HomeMy WebLinkAboutOrd 5789 03/16/2010
ORDINANCE NO. 5789
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2009
AND ENDING DECEMBER 31,2009
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 16th day of March, 2010
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the 1 ih day of March, 2010.
ORDINANCE NO. 5789
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2009
AND ENDING DECEMBER 31,2009
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, 2009 and ending December 31, 2009 was
adopted through the passage of Ordinance No. 5721 approved by the Corporate Authorities of the
Village of Mount Prospect on December 16,2008; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 5736 on April 2 1, 2009, amending the annual budget for the fiscal
year commencing January 1,2009 and ending December 31,2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 5760 on September 15, 2009, amending the annual budget for the
fiscal year commencing January 1, 2009 and ending December 3 1, 2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 5771 on November 17, 2009, further amending the annual budget
for the fiscal year commencing January 1, 2009 and ending December 3 1, 2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance No. 5785 on December 15, 2009, further amending the annual budget
for the fiscal year commencing January 1,2009 and ending December 3 1,2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have reviewed
certain changes to the aforesaid budget for the fiscal year beginning January 1, 2009 and ending
December 3 1,2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the
changes, as specified on the attached January 1, 2009 through December 3 1, 2009 Budget
Amendment No.5 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 ACTING IN THE
EXERCISE OF THEIR HOME RULE POWERS:
SECTION ONE: That the fiscal year budget for January 1, 2009 through December 31, 2009 for
the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No. 5
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:
Hoefert, Juracek, Kom, Pol it, Zadel
NA YES:
None
ABSENT:
Matuszak
PASSED and APPROVED this 16th day of March, 2010.
12t~ 4: Il~
Mayor
ATTEST
~~lof-
M. Lisa Angell - ._-
Village Clerk ...
VILLAGE OF MOUNT PROSPECT
Budget Amendment No.5
Fiscal Year January 1, 2009 through December 31, 2009
Revenues
VILLAGE OF MOUNT PROSPECT
Budget Amendment No.5
Fiscal Year January 1,2009 through December 31,2009
Expenditures
Current Amended
Budget Increase Budget
F u nd/Prog ram/Classification Account # Account Description Amount (Decrease) Amount
Series 1987A B&/ (140)
Interfund Transfers 1408102-800230 Transfer Out 0 6,334 6,334
0 6,334 6,334
All other Series 1987A accounts 0 0 0
Total Series 1987 A B&I Fund 0 6,334 6,334
Series 2001 B&/ (180)
Interest Expense 1808102-720261 2001 G.O. Interest 165,740 23,925 189,665
Other Financing Uses 1808102-810100 Bond Principal - Current 0 3,490,000 3,490,000
165,740 3,513,925 3,679,665
All other Series 2001 B&I accounts 215,600 0 215,600
Total Series 2001 B&I Fund 381,340 3,513,925 3,895,265
Series 2009B B&/ (196)
Contractual Services 1968102-540026 Legal & Financing Costs 0 38,237 38,237
0 38,237 38,237
All other Series 2009B B&I accounts 0 0 0
Total Series 2009B B&I Fund 0 38,237 38,237
Series 2009 Construction Fund (528)
Contractual Services 5287701-540026 Legal & Financing Costs 100,000 63,676 163,676
100,000 63,676 163,676
All other Series Construction Fund accounts 13,582,020 0 13,582,020
Total Series 2009 Construction Fund 13,682,020 63,676 13,745,696
Total Village Budget
Funds being changed 14,063,360 3,622,172 17,685,532
All other Village Budget Accounts 86,473,537 0 86,473,537
Total Village Budget after Changes 100,536,897 3,622,172 104,159,069
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