HomeMy WebLinkAboutOrd 5221 12/03/2001ORDINANCE NO. 5221
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE
ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING
JANUARY 1,2001 AND ENDING DECEMBER 31,2001
Passed and approved by
the President and Board of Trustees
the 3RD day of December, 2001
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
4th day of December, 2001
ORDINANCE NO. 5221
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY I, 2001
AND ENDING DECEMBER 31, 2001
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, 2001 and ending December 31, 2001
was adopted through the passage of Ordinance No. 5162 approved by the Corporate Authorities
of the Village of Mount Prospect on December 19, 2000; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance 5181 on April 17, 2001, amending the annual budget for the fiscal year
commencing January 1, 2001 and ending December 31, 2001; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed
and approved Ordinance 5208 on August 21, 2001, further amending the annual budget for the
fiscal year commencing January 1,2001 and ending December 31,2001; 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, 2001 and ending December 31, 2001; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the
changes, as specified on the attached January 1, 2001 through December 31, 2001 Budget
Amendment No. 3 to be in the best interest of the Village of Mount Prospect; and
WHEREAS, there are adequate revenues and reserves in each of the Funds whose budget is
being increased to cover the budget changes reflected in Budget Amendment No. 3, attached
hereto.
NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
ECTION ONE: That the fiscal year budget for January 1, 2001 through December 31, 2001
for the Village of Mount Prospect is hereby further amended, as detailed on Budget Amendment
No. 3 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: Corcoran,
NAYES: None
ABSENT: None
PASSED and APPROVED this
ATTEST
Hoefert, Lohrstorfer, Skowron, Wilks, Zadel
3rd day of December, 2001.
Gerald L. Farley, Village/Preside~
~/Velma W.~i c ~we, ~1~ g~e Clerk
2
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 3
Fiscal Year from January 1, 2001 through December 31, 2001
Revenues
Item
Fun d/Pro~ram/Classification
General Fund
Reimbursements
ArJ other General Fund accounts
Total General Fund
Account #
Account Description
Odginal Amended
Revenue Increase Revenue
Estimate .(Decrease) Estimate
0010000-470500
Tree Replacement Reimb.
60,889 7,600 68,489
28,123,082 0 28,123,082
28,183,971 7,600 28,191,571
0 12,700 12,700
0 220 220
0 12,920 t2,920
429,276 379,317 808,593
70,100 0 70,100
499,376 379,317 878,693
527,100 (527,100) 0
400,000 (200,000) 200,000
208,197 (138,197) 70,000
882,470 0 882,470
2~017,767 (865,297) 1,152,470
Law Enforcement Block Grant
Intergovernmental 0600000-434400
Investment Income 0600000-460800
Total Local Law Enfomement Block Grant Fund
Law Enforcement Block
Interest Income
Community Development Block Grant Fund
Intergovernmental Revenue 0700000-433000
All other CDBG Revenue
Total CDBG Fund
CDBG Grant
5
6
7
Capital Improvements Fund
Intergovernmental Revenues 5100000-435220
Intergovernmental Revenues 5100000-435225
Reimbursements 5100000-470900
All other Capital Improvements Fund accounts
Total Capital Improvements Fund
STP Grant, Street Lights
Central Corddor Impr. Grant
Other Reimbursements
8
9
Series 2001 Project Fund
Investment rncome
Other Financing Sources
Total Sedes 2001 Project Fund
5250000-460100
525000-494100
Interestlncome
Bond Proceeds
52,000 (24,000) 28,000
10,000,000 (5,000,000) 5,000,000
10,052,000 (5,024,000) 5,028,000
10
Downtown Redevelopment Consb'. Fund
Investment Income 5500000-460100
All other Downtown Redevelopment Constr. Fund accounts
Total Downtown Redevelopment Constr. Fund
Interest Income
6,000 (5,000) 1,000
2,023,779 0 2,023,779
2,029,779 (5,000) 2,024,779
1,000,000 (1,000,000) 0
45,000 75,000 120,000
67,200 0 67,200
1,112,200 (925,000) 187,200
11
12
Flood Control Construction Fund
Intargovemmental 5900000-435901
Investment Income 5900000-460100
All other Flood Control Constr. Fund accounts
Total Flood Control Constr. Fund
State Grant Proceeds
Interest Income
Total Estimated Revenues
Funds being changed
All other Village Budget accounts
Total Estimated Revenues After Changes
43,895,093 (6,419,460) 37,475,633
32,047,492 0 32,047,492
75,942~585 (6,419,460) 69,523,125
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 3
Fiscal Year from January 1, 2001 through December 31, 2001
Expenditures
Item
Fund/Pm~ram/Classification
General Fund
Police Department Admin.
13 Personal Services
Public Works Dept. Forestry Div.
14 Contractual Services
PW Streets, Traffic Control
15 Utilities
Miscellaneous Pensions
Air other General Fund Accounts
Total General Fund
Account#
Account Description
Current Amended
Budget Increase Budget
Amount (Decrease) Amount
0014101-500700
0015203-540725
0015405-550210
Compensated Leave
Tree Removal
EJectdcity, Street Lights
70,000 120,000 190,000
59,000 7,600 66,600
165,000 (65,000) 100,000
294,000 62,600 356,600
28,042,698 0 28,042,698
28,336,698 62,600 28,399,298
Motor Fuel Ta~ Fund
Traffic Control and Street Lighting
16 Utilities
17 Infrastructure
Street improvement Projects
18 Infrastructure
050540~550600
0505405-690058
0507706-690005
All other Motor Fuel Tax Fund Accounts
Total Motor Fuel Tax Fund
Traffic Signal Electricity
Traffic Signal Replacement
Street Light Improvements
55,000 (55,000) 0
110,000 27,000 137,000
520,953 (119,303) 401,650
665,953 (147,303) 538,650
1,563,410 0 1,563,410
2,249,363 (147,303) 2,102,060
Community Development Block Grant Fund
CDBG Community Programs
19 Contractual Services 0702305-540271
CDBG Accessibility and Neighborhood Improve.
20 Building Improvements 0702306-640010
21 Building Improvements 0702306-640011
22 Infrastructure 0702306-690001
23 Infrastructure 0702306-690030
All other CDBG Accounts
Total CDBG Fund
Mentor Program
CEDA Building Rehab
Clayground Building Rahab
South Side Street Lights
Judith Ann St. Reconstruct.
0 3,000 3,000
20,000 (20,000) 0
15,000 (15,000) 0
60,000 25,000 85,000
0 386,317 386,317
95,000 379,317 474,317
404,376 0 404,376
499,376 379,317 878,693
24
25
IEPA Loan Debt Service Fund
Home Rure Sales Tax 1 Debt Service
Bond Pdncipar 3808104-710458
Interest Expense 3808104-720459
All other IEPA Loan Debt Service Fd. Accounts
Total IEPA Loan Debt Service Fund
EPA Loan #5 Principal
EPA Loan #5 Interest
66,499 5,888 72,387
40,498 3,622 44,120
106,997 9,510 116,507
496,857 0 496,857
603,854 9,510 613,364
Capital Improvement Fund
Village Improvements
26 Building Improvements
27 Infrastructure
Community improvements
28 Land Improvements
5107701-640019
5107701-690103
5107702-620008
General Store Restoration
Parking Lot Improvements
Corddor Improvements
30,000 60,000 90,000
40,000 (40,000) 0
640,425 (200,000) 440,425
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 3
Fiscal Year from January 1, 2001 through December 31,200'1
Expenditures
item
No, Fu nd/Pra~ram/CJassification Account #
Currant Amended
Budget Increase Budget
Account Description Amount (Decrease) Amount
Residential Streetlights 775,797 (653,697) 122,100
Detention Pond Improve, 140,000 (140,000) 0
1,626,222 (973,697) 652,525
1,489,371 0 1,489,371
3,115,593 (973,697) 2,141,896
29 Infrastructure 5107702-690005
Flood Control Projects
30 Infrastructure 5107704-690100
All other Capital Improve. Fd. Accounts
Total Capital improvement Fund
Downtown Redevelopment Construction Fund
Downtown Redevelopment Costs
31 Utilities 5507703-550200
32 Other Expenses 5507703-590025
33 Other Expenses 5507703-590030
34 Other Expenses 5507703-590035
35 Other Expenses 5507703-590052
36 Other Expenses 5507703-590053
37 Other Expenses 5507703-590400
38 Infrastructure 5507703-690059
All other Downtown Redevelopment Constn Fd. Accounts
Total Downtown Redevelopment Constr. Fund
Flood Control Constr. Fd
Flood Control Projects
39 Addison Court Improvements 5907704-690007
40 Infrastructure 5907704-690102
41 Infrastmctura 5907704-690110
42 Infrastructure 5907704-690111
43
44
45
46
All other Flood Control Constr. Fd accounts
Total Flood Control Constr. Fund
Water and Sewer Fund
Water and Sewer System improvements
Distribution Systems 6105510-680007
All other Water and Sewer Fd accounts
Total Water and Sewer Fund
Series 2001 Project Fund
Village Improvements & Equipt.
Contractual Services
Contractual Services
5257701-540025
5257701-540110
All other Series 2001 Project Fund accounts
Total Series 200t Project Fund
Capital Improvement Construction Fund
Village Improvements & Equipt.
Building Improvements 5307701-640003
Other Capital improvement Construction Fund accounts
Total Capital Improvement Construction Fund
Electricity 0 400 400
Property Acquisition 0 31,000 3~ ,000
Demolition Expense 0 26,000 26,000
Site Clean-up 470,000 130,000 600,000
Facade Program 200,000 (175,000) 25,000
Interior Build-out Program 153,742 (153,742) 0
Infrastructure 250,000 (250,000) 0
D/T Straetscape Program 175,000 (115,000) 60,000
1,248,742 (506,342) 742,400
675,050 0 675,050
1,923,792 (506,342) 1,417,450
Addison Court Improvements 120,000 (120,000) 0
Weller Craek Improvements 1,674,080 (1,320,000) 354,080
Melts ParkJCrumley rmp. 56,800 (46,800) 10,000
Wedgewood Storm Sewer 180,900 119,100 300,000
Addison Court Improve.
Bond Financing Costs
Other professional Services
Station 12 Improvements
2,031,780 (1,367,700) 664,080
160,162 0 160,162
2,191,942 (1,367,700) 824,242
60,000 (80,000) 0
8,194,725 0 8,194,725
8,274,725 (80,000) 8,194,725
100,000 (32,000) 68,000
860,000 (710,000) 150,000
960,000 (742,000) 218,000
0 0 0
960,000 (742,000) 218,000
150,000 (150,000) 0
40,666 40,666
190,666 (150,000) 40,666
VILLAGE OF MOUNT pROSPECT
Budget Amendment No. 3
Fiscal Year from January t, 2001 through December 31,200t
Expenditures
Item
No, Fund/program/Classification
Account#
Account Description
Risk Managemenf Fund
Casualty and Property Insurance
47 Insurance
48 Insurance
Medical Insurance
49 Insurance
50
51
52
6908501-560202
6908501~560204
6908502-560207
All other Risk Management Fund accounts
Total Risk Management Fund
Police Pension Fund
Pension Expense
Pension Benefits 7108202-530700
AIIother Police Pension Fund accounts
TotaIPolicePensien Fund
Fire Penslon Fund
Pension Expense
Pension Benefits
Pension Benefi~
All other Fire Pension Fund accounts
Total Fire Pension Fund
7208203-530200
7208203-530300
Liability Claims
Workers Comp Claims
Current Amended
Budget rncrease Budget
Amount (Decrease) Amount
200,000 300,000 500,000
290,000 (70,000) 220,000
Medical Claims 1,458,350 144,750 1,603,100
1,948,350 374,750 2,323,100
1,587,553 0 1,587,553
3,535,903 374,750 3,910,653
Re, nd of Contdbufions 10,000 16,000 26,000
1,803,738 0 1,803,738
1,813,738 16,000 1,829,738
Disabili~ Pensions 373,250 41,750 415,000
Surviving Spouse Pension 83,200 6,950 90,150
456,450 48,700 505,150
1,341,625 0 1,341,625
1,798,075 48,700 1,646r775
Total Village Budget
Funds being changed
All other Village Budget accounts
Total Village Budget after Changes
55,493,725 (3,076,165) 52,417,560
13,873,018 0 13,873,018
69,366,743 (3,076,165) 66,290,578