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Home My WebLink AboutOrd 6001 04/03/2012 Making Certain Amendments to the Annual Budget for Fiscal Year 2012ORDINANCE NO. 6001 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 3` day of April, 2012 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois 4 t " day of April, 2012 ORDINANCE NO. 6001 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012 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, 2012 and ending December 31, 2012 was adopted through the passage of Ordinance No. 5891 approved by the Corporate Authorities of the Village of Mount Prospect on December 20, 2011; 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, 2012 and ending December 31, 2012; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1, 2012 through December 31, 2012 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 Number One, 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, 2012 through December 31, 2012 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, Juracek, Korn, Matuszak, Polit NAYS: None ABSENT: Zadel PASSED and APPROVED this 3rd day of April, 2012. I ana K. Wilks Mayor ATTEST M. isa Angell Village Clerk VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2012 through December 31, 2012 Revenues Fund /Account Number /Account Description Current Budget Amount Increase (Decrease) Amended Budget Amount 042 Cmmty Development Block Grant 418.002 - Comm Dev Block Grant All Cmmty Development Block Grant accounts Total Cmmty Development Block Grant Fund 353,543 115,013 468,556 353,543 115,013 468,556 60,000 60,000 413,543 115,013 528,556 Total Estimated Revenues Funds being changed All other Village Budget accounts 413,543 90,010,754 115,013 528,556 90,010,754 Total Estimated Revenues After Changes 90,424,297 115,013 90,539,310 1 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2012 through December 31, 2012 Expenditures Fund /Account Number /Account Description 001 General Fund 001.10.11.00.8.401 580.004 - White Light Inst. 001.20.25.00.0.000 530.010 - Marketing Services 001.40.43.41.0.000 655.002 - Computer Eqpt - New 001.50.01.00.0.000 522.001 - Travel & Meetings 525.004 - Training 605.001 - Other Equipment 608.001 - Other Supplies 001.50.51.00.0.000 522.001 - Travel & Meetings 001.50.52.00.0.000 518.001 - Dues & Memberships 522.001 - Travel & Meetings 608.001 - Other Supplies 001.50.54.00.0.000 518.001 - Dues & Memberships 522.001 - Travel & Meetings 525.004 - Training 604.001 - Office Equipment 609.001 - Program Supplies 656.001 - Office Eqpt 001.60.01.00.0.252 621.012 - Squad Emergency Eqpt 001.60.61.64.0.000 551.001 - Copier Lease Payment 001.70.72.00.0.000 665.021 - Furniture & Equipment 001.70.73.00.0.000 545.010 - Citizen Corps Grant 001.80.81.81.0.354 575.011 - Snow Removal 001.80.82.83.0.000 576.006 - Tree Removal 576.007 - Stump Removal 576.011 -Tree Trimming 576.013 - Gypsy Moth Spraying 001.80.90.00.0.710 679.008 - Tree Repl - Pub Prop 001.89.89.00.8.800 576.011 -Tree Trimming All other General Fund accounts Total General Fund Current Amended Budget Increase Budget Amount (Decrease) Amount 33,390 15,000 48,390 - 20,000 20,000 - 3,614 3,614 400 584 984 300 177 477 500 453 953 4,000 1,529 5,529 850 560 1,410 200 200 400 700 700 1,400 500 480 980 260 200 460 500 457 957 600 950 1,550 1,000 655 1,655 2,800 1,927 4,727 1,060 940 2,000 9,100 20,000 29,100 - 6,200 6,200 - 3,500 3,500 - 5,000 5,000 56,000 26,000 82,000 155,000 1,761 156,761 85,000 11,894 96,894 183,000 37,908 220,908 38,760 15,000 53,760 4,805 4,720 9,525 - 6,505 6,505 578,725 186,914 765,639 40,968,757 - 40,968,757 41,547,482 186,914 41,734,396 2 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2012 through December 31, 2012 Expenditures Fund /Account Number /Account Description 020 Capital Improvement Fund 020.30.90.00.0.707 561.001 - Financial Software 020.40.90.00.0.000 545.007 - EECBG - Bike Racks 020.60.90.00.1.709 657.005 - Dig Surveillance Eqpt 020.70.01.00.1.000 545.006 - EECBG -FS14 Signs /Digital Display 020.80.90.00.1.704 678.019 - Kensington Road Improv 020.80.90.00.1.705 676.001 - Streetlight Improv 020.80.90.00.1.706 651.001 - Other Public Buildings 651.002 - Salt Storage Building All other Capital Improvement Fund accounts Total Capital Improvement Fund 022 Downtown Redevelopment Construct 022.80.81.81.1.000 675.007 - Brick Sidewalks 679.001 - D/T Streetscape Prog All other Downtown Redevelopment Fund accounts Total Downtown Redevelopment Fund 023 Street Improvement Construc Fund 023.80.01.00.1.000 679.003 - Parking Lot Imp 023.80.81.81.1.000 575.006 - Resurface Testing 023.80.90.00.0.705 676.001 - Streetlight Improv 678.003 - Resurfacing -SC Fund 023.80.90.00.0.710 679.020 - Traffic Improvements All other Street Improvement Construc Fund accounts Total Street Improvement Constru Fund 024 Flood Control Construction Fund 024.80.90.00.1.702 677.003 - Levee 37 All other Flood Control Construction Fund accounts Total Flood Control Construction Fund Current Budget Amount Increase (Decrease) Amended Budget Amount 203,000 50,983 253,983 8,718 8,718 7,775 7,775 15,255 15,255 100,000 179,428 279,428 80,000 54,798 134,798 95,000 147,640 242,640 35,000 74,950 109,950 513,000 539,547 1,052,547 1,663,000 - 1,663,000 2,176,000 539,547 2,715,547 50,000 - 5,000 5,000 - 21,300 21,300 - 26,300 26,300 2,748,000 - 2,748,000 2,748,000 26,300 2,774,300 58,000 58,000 20,000 43,828 63,828 - 304,000 304,000 1,067,000 137,900 1,204,900 130,000 27,511 157,511 1,217,000 571,239 1,788,239 571,239 1,217,000 1,788,239 50,000 50,000 100,000 50,000 50,000 100,000 630,150 - 630,150 680,150 50,000 730,150 ,c] VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2012 through December 31, 2012 Expenditures Fund /Account Number /Account Description Current Budget Amount Increase (Decrease) Amended Budget Amount 041 Motor Fuel Tax Fund 041.80.90.00.0.704 676.003 - Traffic Signal Rep] All other Motor Fuel Tax Fund accounts Total Motor Fuel Tax Fund 042 Cmmty Development Block Grant 042.40.41.00.0.154 572.008 - Emrgncy Repair Prog. 572.038 - CEDA NW Insulated Roof 572.039 - Rehab. Admin. 636.012 - Single Family Rehab All other Cmmty Development Block Grant Fund accounts Total Cmmty Development Block Grant Fund 043 Asset Seizure Fund 043.60.61.66.0.000 665.031 - Other Equipment All other Asset Seizure Fund accounts Total Asset Seizure Fund 050 Water and Sewer Fund 050.80.84.87.0.376 574.012 - Landscape & Fence Maintenance 050.80.84.87.0.380 530.005 - Control System Programming 050.80.84.87.0.381 569.001 - Meter Installation 569.002 - Meter Testing & Repair 050.80.84.88.0.383 571.002 - Building Sewer Insp 050.80.90.00.1.700 665.001 -AMR System 666.002 - Emerg Gen/Wells 671.001 - Tank Repair /Ren 050.80.90.00.1.701 672.007 - Basin 37 Lk Briarwood San Swr 050.80.90.00.0.701 665.026 - Lift Station Standby Generator All other Water and Sewer Fund accounts Total Water and Sewer Fund 50,000 17,161 67,161 50,000 17,161 67,161 1,530,302 - 1,530,302 1,580, 302 17,161 1,597,463 10,000 20,000 160,000 190,000 223,543 413,543 1,360 25,000 3,196 85,457 115,013 115,013 11,360 25,000 23,196 245,457 305,013 223,543 528,556 1,000 4,000 5,000 1,000 4,000 5,000 2,500 - 2,500 3,500 4,000 7,500 10,000 30,000 40,000 38,000 5,950 43,950 60,000 16,873 76,873 24,750 7,176 31,926 24,930 8,393 33,323 400,000 565,000 965,000 400,000 107,725 507,725 85,000 12,995 97,995 32,000 32,000 24,836 24,836 1,042,680 810,948 1,853,628 10,964,494 - 10,964,494 12,007,174 810,948 12,818,122 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2012 through December 31, 2012 Expenditures Fund /Account Number /Account Description 051 Village Parking System Fund 051.80.81.81.0.000 679.003 - Parking Lot Imp All other Village Parking System Fund accounts Total Village Parking System Fund 052 Parking System Revenue Fund 052.80.81.81.0.000 679.003 - Parking Lot Imp 052.80.81.82.1.000 651.004 - Train Station Improvements All other Parking System Revenue Fund accounts Total Parking System Revenue Fund 063 Risk Management Fund 063.00.00.00.4.000 530.006 - Other Prof. Serv. All other Risk Management Fund accounts Total Risk Management Fund Total Village Budget Funds being changed All other Village Budget Accounts Total Village Budget after Changes Current Budget Amount Increase (Decrease) Amended Budget Amount 73,500 73,500 - 73,500 73,500 180,902 - 180,902 180,902 73,500 254,402 34,070 34,070 25,000 25,000 50,000 25,000 59,070 84,070 191,578 - 191,578 216,578 59,070 275,648 2,000 11,000 13,000 2,000 11,000 13,000 6,842,955 - 6,842,955 6,844,955 11,000 6,855,955 69,615,586 18,016,859 2,464,692 72,080,278 - 18,016,859 87,632,445 2,464,692 90,097,137 5