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HomeMy WebLinkAboutOrd 5476 12/21/2004 ORDINANCE NO. 5476 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2004 AND ENDING DECEMBER 31,2004 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 2lÅ¡tClay of December, 2004 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the 22nijay ofDecember2004. ORDINANCE NO. 5476 AN 0 RD IN AN CE MAKING CERTAIN AMENt) MENTS 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, 2004was adopted through the passage of Ordinance No. 5395 approved by the Corporate Authorities of the Village of MQunt Prospect on December 16, 2003; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and approved Ordinance No. 5427 on April 20, 2004, amending the annual budget for the fiscal year commencing January 1, 2004 and ending December 31, 2004; 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, 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.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 No.2, 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.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: Corcoran~ Hoefert~ Lohrstorfer~ Skowron~ Wilks, ladel NAYES: None ABSENT: None ATTEST ~k~'3 Vel a W. Lowe, Vlllage Clerk '¡ PASSED and APPROVED this 21st day of December VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31,2004 Revenues Original Amended Item Revenue Increase Revenue No. Fund/Program/Classification Account # Account Description Estimate (Decrease) Estimate General Fund (001) 1 Other Taxes 410150 Home Rule Sales Tax 1,097,926 38,574 1,136,500 2 Other Taxes 414000 Real Estate Transfer Tax 827,500 328,500 1,156,000 3 Other Taxes 417100 Telecommunications Tax 2,211,113 (173,113) 2,038,000 4 Other Taxes 417200 NI Gas Tax 260,000 45,000 305,000 5 Licenses, Permits & Fees 420300 Liquor Licenses 112,000 17,500 129,500 6 Licenses, Permits & Fees 421100 Building Permits 375,000 65,000 440,000 7 Licenses, Permits & Fees 421200 Electrical Permits 52,000 11,000 63,000 8 Licenses, Permits & Fees 421300 Plumbing Permits 37,000 15,000 52,000 9 Licenses, Permits & Fees 422100 Plan Examination Fees 17,000 5,000 22,000 10 Licenses, Permits & Fees 423000 Public Impr. Inspections 25,000 147,000 172,000 11 Licenses, Permits & Fees 425000 False Alarm Fees 37,000 (27,000) 10,000 12 Intergovernmental Revenues 430000 Sales Tax 8,489,505 (339,505) 8,150,000 13 Intergovernmental Revenues 430100 Income Tax 3,353,394 251,606 3,605,000 14 Intergovernmental Revenues 430400 Use Tax 508,000 47,000 555,000 15 Intergovernmental Revenues 430600 Replacement Tax 167,775 44,225 212,000 16 Intergovernmental Revenues 434100 Police Training Grant 7,500 12,887 20,387 17 Intergovernmental Revenues 434207 Police Badge Grant 0 31,956 31,956 18 Intergovernmental Revenues 434310 Peer Grant 0 25,000 25,000 19 Intergovernmental Revenues 435900 Other Grants 0 46,734 46,734 20 Fines & Forfeits 450800 Forfeited Escrow Funds 40,000 55,000 95,000 21 Investment Income 460100 Interest Income 225,000 (182,500) 42,500 22 Other Revenue 480110 Sale of Property 0 310,000 310,000 23 Other Revenue 480900 Miscellaneous Income 50,000 15,000 65,000 24 Other Revenue 481000 lOB Revenue 0 44,878 44,878 25 Other Revenue 486050 Sister City Events 0 5,000 5,000 17,892,713 839,742 18,732,455 All other General Fund accounts 13,325,491 0 13,325,491 Total General Fund 31,218,204 839,742 32,057,946 CDBG Fund (070) 26 Other Revenue 483000 Program Income 65,000 38,000 103,000 65,000 38,000 103,000 All other CDBG Fund accounts 485,450 0 485,450 Total CDBG Fund 550,450 38,000 588,450 DEA Fund (085) 27 Fines & Forfeits 450460 DEA Shared Seized Assets 12,000 21,365 33,365 12,000 21,365 33,365 All other DEA Fund accounts 0 0 0 Total DEA Fund 12,000 21,365 33,365 DUI Fund (086) 28 Fines & Forfeits 450465 DUI Fines 10,000 10,000 20,000 10,000 10,000 20,000 All other DUI Fund accounts 100 a 100 Total DUI Fund 10,100 10,000 20,100 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31, 2004 Revenues Original Amended Item Revenue Increase Revenue No. F u nd/P roe ra m/Classificatio n Account # Account Description Estimate (Decrease) Estimate Capital Improvement Fund (510) 29 Reimbursements 470900 Other Reimbursements 239,151 (74,151) 165,000 30 Other Revenue 485000 Developer Donations 81,000 (67,000) 14,000 31 Other Financing Sources 494600 Sale of Property 0 20,000 20,000 320,151 (121,151) 199,000 All other Capital Improvement Fund accounts 132,400 0 132,400 Total Capital Improvement Fund 452,551 (121,151) 331,400 Downtown Redevelopment Fund (550) 32 Other Taxes 413100 Property Tax Increment 438,077 54,923 493,000 33 Reimbursements 470900 Other Reimbursements 0 36,087 36,087 34 Other Financing Sources 494160 Installment Note Proceeds 0 705,000 705,000 438,077 796,010 1,234,087 All other Downtown Redevelopment Fund accounts 2,000 0 2,000 Total Downtown Redevelopment Fund 440,077 796,010 1,236,087 Street Improvement Construction Fund (560) 35 Other Taxes 417100 Telecommunications Tax 429,165 (33,665) 395,500 36 Other Taxes 417200 NI Gas Tax 128,500 36,500 165,000 557,665 2,835 560,500 All other Street Improvement Construction Fund accounts 942,500 0 942,500 Total Street Improvement Construction Fund 1,500,165 2,835 1,503,000 Vii/age Parking System Fund (620) 37 Other Financing Sources 490850 Equity Transfer In 0 245,630 245,630 0 245,630 245,630 All other Village Parking System Fund accounts 135,650 0 135,650 Total Village Parking System Fund 135,650 245,630 381,280 Risk Management Fund (690) 38 Charges for Services 443600 General Fund Charges-Med 2,966,259 (52,906) 2,913,353 Charges for Services 443620 CDBG Fund Charges-Med 6,531 4,398 10,929 Charges for Services 443800 Refuse Disposal Fund-Med 11,998 16,386 28,384 2,966,259 (52,906) 2,913,353 All other Risk Management Fund accounts 2,303,571 0 2,303,571 Total Risk Management Fund 5,269,830 (52,906) 5,216,924 Police Pension Fund (710) 39 Investment Income 461100 Investment Income - Mgr S 690,000 (140,000) 550,000 40 Investment Income 461300 Investment Income - Mgr C 690,000 (340,000) 350,000 1,380,000 (480,000) 900,000 All other Police Pension Fund accounts 2,051,674 0 2,051,674 Total Police Pension Fund 3,431,674 (480,000) 2,951,674 2 Item No. F u nd/Prog ra m/C lass ification 41 42 43 Fire Pension Fund (720) Investment Income Investment Income Investment Income All other Fire Pension Fund accounts Total Fire Pension Fund Total Estimated Revenues Funds being changed All other Village Budget accounts VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31, 2004 Account # 461100 461300 464000 Total Estimated Revenues After Changes Original Amended Revenue Increase Revenue Account Description Estimate (Decrease) Estimate Investment Income - Mgr S 720,000 (120,000) 600,000 Investment Income - Mgr C 840,000 (400,000) 440,000 Mkt Gain on Equities 360,000 (100,000) 260,000 1,920,000 (620,000) 1,300,000 1,508,691 0 1,508,691 3,428,691 (620,000) 2,808,691 Revenues 3 46,449,392 21,259,968 679,525 0 47,128,917 21,259,968 67,709,360 679,525 68,388,885 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1,2004 through December 31,2004 Expenditures Current Amended Item Budget Increase Budget No. F u nd/Prog ra m/Classificati on Account # Account Description Amount (Decrease) Amount General Fund Public Representation Contractual Services 0010102-540015 Auditing Services 13,850 2,200 16,050 Village Manager's Office 2 Commodities & Supplies 0011101-570072 Relocation Supplies 0 28,000 28,000 Village Manager's Office - Legal 3 Contractual Services 0011102-540090 Legal-Special Counsel 80,000 190,000 270,000 4 Contractual Services 0011102-540940 Computer Lease Payment 0 6,400 6,400 Community Development - Planning & Zoning 5 Contractual Services 0012102-540070 Legal Notices 2,750 3,250 6,000 Police Department - Administration 6 Personal Services 0014101-500300 Overtime Earnings 3,000 14,000 17,000 7 Personal Services 0014101-500750 Retiree Sick Incentive 20,000 30,400 50,400 Police Department - Patrol & Traffic Enforcement 8 Personal Services 0014102-500800 Employee Allowances 32,500 4,500 37,000 9 Contractual Services 0014102-540995 Police Badge Grant Expenditures 0 18,000 18,000 10 Commodities & Supplies 0014102-570072 Peer Grant Supplies 0 13,200 13,200 Fire Department - Operations 11 Personal Services 0014202-500400 Specialty Pay 160,000 35,000 195,000 12 Other Equipment 0014202-670030 Petrochemical Firefighting 12,660 8,740 21,400 Fire Department - Equipment Maintenance 13 Contractual Services 0014206-540615 Equipment Maintenance 19,000 13,000 32,000 Public Works - Maintenance Public Buildings 14 Personal Services 0015102-500300 Overtime Earnings 28,000 17,000 45,000 15 Utilities 0015102-550100 Natural Gas/Heat 11,000 13,000 24,000 Public Works - Street Maintenance 16 Personal Services 0015104-500200 Seasonal Earnings 17,830 7,170 25,000 17 Personal Services 0015104-500300 Overtime Earnings 31,000 14,000 45,000 18 Contractual Services 0015104-540535 Pavement Markings 41,600 5,875 47,475 Public Works - Snow Removal 19 Personal Services 0015105-500300 Overtime Earnings 79,175 20,825 100,000 20 Contractual Services 0015105-540555 Snow Removal-Contractual 28,000 4,000 32,000 Public Works - Storm Sewer & Basin Maintenance 21 Personal Services 0015107-500300 Overtime Earnings 8,410 2,590 11,000 Public Works - Traffic Sign Maintenance 22 Personal Services 0015109-500300 Overtime Earnings 7,840 11,160 19,000 Public Works - Flood Control 23 Personal Services 0015112-500300 Overtime Earnings 0 58,551 58,551 24 Employee Benefits 0015112-510000 FICA Costs - SS 0 3,252 3,252 25 Employee Benefits 0015112-510100 FICA Costs - Medicare 0 807 807 26 Employee Benefits 0015112-510200 IMRF Benefits 0 3,788 3,788 27 Contractual Services 0015112-540225 Other Services 0 76,187 76,187 28 Commodities & Supplies 0015112-570080 Other Supplies 0 35,406 35,406 Public Works - Forestry - Maintenance of Grounds 29 Personal Services 0015202-500300 Overtime Earnings 14,305 6,695 21,000 Public Works - Forestry - Forestry Program 30 Personal Services 0015203-500300 Overtime Earnings 21,000 6,500 27,500 Community & Civic Services - 4th of July & Civic Events 31 Personal Services 0016103-500300 Overtime Earnings 47,000 4,000 51,000 Community & Civic Services - Holiday Decorations 32 Personal Services 0016104-500300 Overtime Earnin9s 1,260 2,740 4,000 680,180 660,236 1,340,416 All other General Fund Accounts 30,975,300 0 30,975,300 Total General Fund 31,655,480 660,236 32,315,716 4 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31, 2004 Expenditures Current Amended Item Budget Increase Budget No. F u nd/Program/Classification Account # Account Description Amount (Decrease) Amount Refuse Disposal Fund Refuse Leaf Removal Program 33 Personal Services 0305602-500300 Overtime Earnings 43,915 16,085 60,000 43,915 16,085 60,000 All other Refuse Disposal Fund Accounts 3,489,307 0 3,489,307 Total Refuse Disposal Fund 3,533,222 16,085 3,549,307 Motor Fuel Tax Fund Street Improvement Projects 34 Contractual Services 0507706-540530 Pavement Evaluation Study 27,250 8,400 35,650 27,250 8,400 35,650 All other Motor Fuel Tax Fund Accounts 2,434,543 0 2,434,543 Total Motor Fuel Tax Fund 2,461,793 8,400 2,470,193 DEA Shared Funds Fund 35 Other Equipment 0854102-670151 Other Equipment 4,700 14,000 18,700 4,700 14,000 18,700 All other DEA Shared Funds Fund Accounts 0 0 0 Total DEA Shared Funds Fund 4,700 14,000 18,700 DUI Fine Fund 36 Other Equipment 0864102-670151 Other Equipment 3,000 7,200 10,200 3,000 7,200 10,200 All other DUI Fine Fund Accounts 0 0 0 Total DUI Fine Fund 3,000 7,200 10,200 Capital Improvement Fund Village Improvements & Equipment 37 Building Improvements 5107701-640001 Other Public Buildings 40,000 2,000 42,000 38 Building Improvements 5107701-640035 Pistol Range Renovation 30,000 4,000 34,000 39 Other Equipment 5107701-670022 Thermal Imaging Cameras 0 28,000 28,000 40 Other Equipment 5107701-670205 Document Imaging System 0 7,800 7,800 41 Other Equipment 5107701-670225 Fit Testing Equipment 0 8,800 8,800 Community Improvement Projects 42 Land Improvements 5107702-620008 Corridor Improvements 27,390 6,210 33,600 97,390 56,810 154,200 All other Capital Improvement Fund Accounts 814,721 0 814,721 Total Capital Improvement Fund 912,111 56,810 968,921 Series 2003 Project Fund Village Improvements & Equipment 43 Building Improvements 5267701-640015 VH/Community Center Const. 5,236,400 347,100 5,583,500 44 Office Equipment 5267701-640040 Village Hall Furnishings 350,000 471,000 821,000 5,586,400 818,100 6,404,500 All other Series 2003 Project Fund Accounts 200,000 0 200,000 Total Series 2003 Project Fund 5,786,400 818,100 6,604,500 5 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31, 2004 Expenditures Current Amended Item Budget Increase Budget No. Fund/Program/Classification Account # Account Description Amount (Decrease) Amount Downtown Redevelopment Construction Fund Downtown Redevelopment Costs 45 Other Expenditures 5507703-590025 Property Acquisition 0 705,000 705,000 46 Other Expenditures 5507703-590035 Sire Clean-up 0 8,400 8,400 47 Other Expenditures 5507703-590750 NWE Sales Tax Rebate 82,000 4,750 86,750 48 Infrastructure 5507703-690059 D/T Streetscape Program 1,297,884 72,175 1,370,059 1,379,884 790,325 2,170,209 All other Downtown Redevelopment Construction Fund Accounts 445,098 0 445,098 Total Downtown Redevelopment Construction Fund 1,824,982 790,325 2,615,307 Street Improvement Construction Fund Street Improvement Projects 49 Contractual Services 5607706-540543 Star Line Transit Project 0 4,000 4,000 0 4,000 4,000 All other Street Improvement Fund Accounts 2,893,980 0 2,893,980 Total Street Improvement Fund 2,893,980 4,000 2,897,980 Flood Control Construction Fund Flood Control Projects 50 Contractual Services 5907704-540582 Storm Sewer Inventory & Maps 75,000 7,000 82,000 51 Infrastructure 5907704-690102 Weller Creek Improvements 356,744 (109,785) 246,959 431,744 (102,785) 328,959 All Other Flood Control Construction Fund Accounts 255,000 0 255,000 Total Flood Control Construction Fund 686,744 (102,785) 583,959 Water and Sewer Fund Administration 52 Personal Services 6105501-500650 Sick Leave Incentive 7,000 5,210 12,210 53 Personal Services 6105501-500700 Vacation/Personallncentiver 12,000 9,810 21,810 54 Contractual Services 6105501-540015 Auditing Services 11,660 4,390 16,050 55 Contractual Services 6105501-540225 Other Services 24,650 7,350 32,000 Water Supply Maintenance & Repair 56 Personal Services 6105504-500300 Overtime Earnings 38,895 5,105 44,000 Water Distribution Maintenance & Repair 57 Personal Services 6105505-500300 Overtime Earnings 48,000 7,000 55,000 Water Valve/Hydrant Maintenance & Repiar 58 Personal Services 6105506-500300 Overtime Earnings 13,565 5,435 19,000 Lake Michigan Water Supply 59 Contractual Services 6105512-540800 JAWA - Water Purchase 1,590,000 195,000 1,785,000 60 Contractual Services 6105512-540810 JAWA - O&M Costs 185,000 40,000 225,000 1,930,770 279,300 2,210,070 All Other Water and Sewer Fund Accounts 7,377,389 0 7,377,389 Total Water and Sewer Fund 9,308,159 279,300 9,587,459 6 VILLAGE OF MOUNT PROSPECT Budget Amendment No.2 Fiscal Year January 1, 2004 through December 31, 2004 Expenditures Current Amended Item Budget Increase Budget No. F u nd/Program/Classifica tion Account # Account Description Amount (Decrease) Amount Parking System Revenue Fund Parking Lot Maintenance 61 Personal Services 6305111-500000 Full-Time Earnings 14,808 33,442 48,250 62 Infrastructure 6305111-690103 Parking Lot Improvements 0 5,850 5,850 63 Interfund Transfers 6305111-800067 Equity Transfer Out 0 245,630 245,630 14,808 284,922 299,730 All other Parking Revenue Fund Accounts 247,783 0 247,783 Total Parking Revenue Fund 262,591 284,922 547,513 Police Pension Fund Police Pensions 64 Pension Benefits 7108202-530902 Medical Expense 1,000 3,500 4,500 65 Pension Benefits 7108202-530906 State of Illinois Fee 2,200 3,986 6,186 3,200 7,486 10,686 All other Police Pension Fund Accounts 2,222,920 0 2,222,920 Totai Police Pension Fund 2,226,120 7,486 2,233,606 Fire Pension Fund Fire Pensions 66 Pension Benefits 7208203-530906 State of Illinois Fee 2,400 4,239 6,639 2,400 4,239 6,639 All other Fire Pension Fund Accounts 2,264,630 0 2,264,630 Total Fire Pension Fund 2,267,030 4,239 2,271,269 Total Village Budget Funds being changed 63,826,312 2,848,318 66,674,630 All other Village Budget Accounts 15,114,872 0 15,114,872 Total Village Budget after Changes 78,941,184 2,848,318 81,789,502 7