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HomeMy WebLinkAboutOrd 5427 04/20/2004 ORDINANCE NO. 5427 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCALYEAR COMMENCING JANUARY 1,2004 AND ENDING DECEMBER 31,2004 Passed and approved by the President and Board of Trustees the 20th day of April, 2004 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 21st day of April, 2004 ORDINANCE NO.5 4 2 7 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2004 AND ENDING DECEMBER 31,2004 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, 2004 and ending December 31, 2004 was adopted through the passage of Ordinance No. 5395 approved by the Corporate Authorities of the Village of Mount Prospect on December 16,2003; 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 I, 2004 and ending December 31, 2004; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1,2004 through December 31, 2004 Budget Amendment No.1 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 No.1, 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 1,2004 through December 31,2004 for the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No.1 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, Skowron, Wilks, Zadel NA YES: None ABSENT: Corcoran, Lohrstorfer ATT~1: ~ V lma W. Lowe, illage Clerk / PASSED and VILLAGE OF MOUNT PROSPECT Budget Amendment No.1 Fiscal Year January 1, 2004 through December 31, 2004 Revenues Original Amended Item Revenue Increase Revenue No. F u nd/Program/Classification Account # Account Description Estimate (Decrease) Estimate Capital Improvements Fund 1 Intergovernmental 5100000-435225 Central Corridor Grant 0 112,400 112,400 2 Reimbursements 5100000-470900 Other Reimbursements 0 239,151 239,151 3 Other Revenue 5100000-485000 Developer Donations 40,500 40,500 81,000 40,500 392,051 432,551 All other Capital Improvements Fund accounts 20,000 0 20,000 Total Capital Improvements Fund 60,500 392,051 452,551 Parking System Revenue Fund 4 Reimbursements 6300000-435205 LAO Grant o. 129,455 129,455 0 129,455 129,455 All other Parking System Revenue Fund accounts 112,200 0 112,200 Total Parking System Revenue Fund 112,200 129,455 241,655 Total Estimated Revenues Funds being changed 172,700 521,506 694,206 All other Village Budget accounts 67,015,154 0 67,015,154 Total Estimated Revenues After Changes 67,187,854 521,506 67,709,360 VILLAGE OF MOUNT PROSPECT Budget Amendment No.1 Fiscal Year January 1,2004 through December 31, 2004 Expenditures Current Amended Item Budget Increase Budget No. F und/Prog ram/Classifi cation Account # Account Description Amount (Decrease) Amount General Fund Village Manager's Office c Public Information Contractual Services 0011105-540210 Printing Expense 40,000 17,500 57,500 Finance - Administration 2 Contractual Services 0011701-540205 Document Imaging 1,000 1,000 2,000 Community Development - Economic Development 3 Contractual Services 0012103-540247 Econ. Develop. Programs 17,000 20,200 37,200 Fire Department - Operations 4 Other Equipment 0014202-670030 Petrochemical Firefighting 0 12,660 12,660 Public Works - Forestry 5 Contractual Services 0015203-540726 Stump Removal 30,000 10,300 40,300 Community & Civic Services - Holiday Decorations 6 Contractual Services 0016104-540962 White Light Installation 28,000 13,500 41,500 116,000 75,160 191,160 All other General Fund Accounts 31,464,320 0 31,464,320 Total General Fund 31,580,320 75,160 31,655,480 Motor Fuel Tax Fund Downtown Redevelopment Construction 7 Infrastructure 0507703-690059 DIT Streetscape Program 0 325,688 325,688 Traffic Control and Street Lighting 8 Contractual Services 0505405-540660 Traffic Light Maintenance 77,250 29,900 107,150 9 Infrastructure 0505405-690058 Traffic Signal Replacement 15,450 140,000 155,450 Street Improvement Projects 10 Contractual Services 0507706-540530 Pavement Evaluation 1,000 26,250 27,250 11 Infrastructure 0507706-690005 Street Light Improvements 30,000 99,385 129,385 12 Infrastructure 0507706-690099 Bridge Rehab 150,000 24,500 174,500 273,700 645,723 919,423 All other Motor Fuel Tax Fund Accounts 1,542,370 0 1,542,370 Total Motor Fuel Tax Fund 1,816,070 645,723 2,461,793 Community Development Block Grant Fund CDBG - Community Programs 13 Contractual Services 0702305-540217 Summer Adventure Program 13,500 500 14,000 14 Contractual Services 0702305-540220 Club RecPlex Program 2,500 (500) 2,000 15 Contractual Services 0702305-540223 Girl Scouts Program 3,000 1,000 4,000 16 Contractual Services 0702305-540240 CEDA Childcare 5,000 (1,000) 4,000 17 Contractual Services 0702305-540246 WINGS 5,000 (2,000) 3,000 18 Contractual Services 0702305-540260 Boxwood Program 11,500 500 12,000 19 Contractual Services 0702305-540265 Elderly Services 3,000 (500) 2,500 20 Contractual Services 0702305-540272 Resources for Community Living 7,000 (1,000) 6,000 21 Contractual Services 0702305-540283 Special Leisure Services 3,000 (500) 2,500 CDBG-Assessibility & Neighborhood Improvements 22 Building Improvements 0702306-640009 ADA Compliance Projects 50,000 5,000 55,000 23 Infrastructure 0702306-690021 Fellowship Housing Corporation 5,000 (5,000) 0 CDBG - Residential Rehab 24 Other Expenditures 0702307-590200 Single Family Rehab 202,736 73,355 276,091 311,236 69,855 381,091 All other CDBG Accounts 239,214 0 239,214 Total CDBG Fund 550,450 69,855 620,305 2 Current Amended Item Budget Increase Budget No. F und/Prog ram/Classification Account # Account Description Amount (Decrease) Amount Capital Improvement Fund Village Improvements & Equipment 25 Building Improvements 5107701-640001 Other Public Buildings 40,000 0 40,000 26 Building Improvements 5107701-640030 Bi-Directional Radio Amp 0 55,000 55,000 27 Other Equipment 5107701-670023 AudioNisual Equipment - VH 0 227,000 227,000 Community Improvement Projects 28 Land Improvements 5107702-620008 Corridor Improvements 0 27,390 27,390 29 Infrastructure 5107702-690005 Residential Street Lights 10,000 214,245 224,245 50,000 523,635 573,635 All other Capita/Improve. Fd. Accounts 338,476 0 338,476 Total Capital Improvement Fund 388,476 523,635 912,111 Series 2003 Project Fund Office Equipment 30 Office Equipment 5267701-650040 Village Hall Furnishings 0 350,000 350,000 0 350,000 350,000 All other Series 2003 Project Fund Accounts 5,436,400 0 5,436,400 Total Downtown Redevelopment Constr. Fund 5,436,400 350,000 5,786,400 Downtown Redevelopment Construction Fund Downtown Redevelopment Costs 31 Infrastructure 5507703-690059 DIT Streetscape 950,000 347,884 1,297,884 950,000 347,884 1,297,884 All other Downtown Redevelopment Constr. Fd. Accounts 527,098 0 527,098 Total Downtown Redevelopment Constr. Fund 1,477,098 347,884 1,824,982 Street Improvement Construction Fund Street Improvement Projects 32 Infrastructure 5607706-690084 Resurfacing - St Imp Const Fund 1,833,000 368,250 2,201,250 1,833,000 368,250 2,201,250 All other Street Improvement Fund Accounts 692,730 0 692,730 Total Street Improvement Fund 2,525,730 368,250 2,893,980 Flood Control Construction Fund Flood Control Projects 33 Infrastructure 5907704-690102 Weller Creek Improvements 0 356,744 356,744 0 356,744 356,744 All Other Flood Control Construction Fund Accounts 330,000 0 330,000 Total Flood Control Construction Fund 330,000 356,744 686,744 Water and Sewer Fund Administration 34 Contractual Services 6105501-540612 GIS Maintenance 27,235 4,800 32,035 Water Distribution Maintenance & Repair 35 Other Equipment 6105505-670038 Booster Pump/Panel Replacement 0 319,983 319,983 Sanitary Sewer Maintenance & Repair 36 Contractual Services 6105509-540755 Flow Monitoring Analysis 12,000 4,200 16,200 Water & Sewer System Improvements 37 Contractual Services 6105510-540777 Sewer Repair/Replacement 285,000 21,727 306,727 38 Distribution Systems 6105510-680003 Water Main Replacement 300,000 192,632 492,632 39 Distribution Systems 6105510-680010 Combined Sewer Evaluation Study 500,000 400,000 900,000 1,124,235 943,342 2,067,577 All Other Water and Sewer Fund Accounts 7,240,582 0 7,240,582 Total Water and Sewer Fund 8,364,817 943,342 9,308,159 3 Current Amended Item Budget Increase Budget No. F und/Prog ram/Classification Account # Account Description Amount (Decrease) Amount Village Parking System Revenue Fund Village Improvements & Equipment 40 Infrastructure 6205110-690103 Parking Lot Improvements 55,000 80,000 135,000 55,000 80,000 135,000 All other Parking Revenue Fund Accounts 92,014 0 92,014 Total Parking Revenue Fund 147,014 80,000 227,014 Parking System Revenue Fund Village Improvements & Equipment 41 Building Improvements 6307701-640014 Train Station Improvements 0 129,455 129,455 0 129,455 129,455 All other Parking Revenue Fund Accounts 133,136 0 133,136 Total Parking Revenue Fund 133,136 129,455 262,591 Vehicle Maintenance Fund Vehicle Maintenance 42 Other Equipment 6605702-670151 Other Equipment 0 49,100 49,100 0 49,100 49,100 All other Vehicle Maintenance Fund Accounts 1,228,482 0 1,228,482 Total Vehicle Maintenance Fund 1,228,482 49,100 1,277,582 Vehicle Replacement Fund Motor Equipment Replacement 43 Mobile Equipment 6707709-660120 Fire Department Vehicles 154,000 63,000 217,000 154,000 63,000 217,000 All other Vehicle Replacement Fund Accounts 0 0 0 Total Vehicle Replacement Fund 154,000 63,000 217,000 Total Village Budget Funds being changed 54,131,993 4,002,148 58,134,141 All other Village Budget Accounts 20,807,043 0 20,807,043 Total Village Budget after Changes 74,939,036 4,002,148 78,941,184 4 "."è"~".¥.'è"" "'~è"".,""""'".',è.""""," "<"""