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Home My WebLink AboutOrd 5333 05/06/2003ORDINANCE NO. 5333 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1,2003 AND ENDING DECEMBER 31,2003 Passed and approved by the President and Board of Trustees the 6th day of May, 2003 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 7TM day of May, 2003 RDINANCE NO. ~ 3 3 3 AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2003 AND ENDING DECEMBER 31, 2003 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 [he Statutes of the State of Illinois an annual budget for the fiscal year commencing January 1, 2003 and ending December 31, 2003 was adopted through the passage of Ordinance No. 5299 approved by the Corporate Authorities of the Village of Mount Prospect on December 17, 2002; 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, 2003 and ending December 31, 2003; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect believe the changes, as specified on the attached January 1, 2003 through December 31, 2003 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, 2003 through December 31, 2003 for the Village of Mount Prospect is hereby amended, as detailed on Budget Amendment No. t 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, NAYES: None ABSENT: PArley, Wilks Lohrstorfer, Skowron, Zadel PASSED and APPROVED this 6 th day of May ATTEST Kimberly A:7 Dewis, : Deputy Village Clerk ,2003. Timothy J. j~orc~ran, Mayor Pro Tem VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2003 through December 31, 2003 Revenues Item Fund/Pro,ram/Classification General Fund Intergovemmental Intergovernmental Charges for Services Charges for Services Ali other Generat Fund accounts Total General Fund Account# 0010000-430000 0010000-430100 0010000-444103 0010000-444106 Original Amended Revenue Increase Revenue Account Description Estimate (Decrease) Estimate State Sales Tax 8,540,200 (350,000) 8,190,200 State Income Tax 3,754,226 47,310 3,801,536 Cable Prog. Fees - Dist. 26 10,900 (10,900) 0 Cable Prog. Fees - PHPD 7;000 (7,000) 0 12,312,326 (320,590) 11,991,736 16,909,079 0 16,909,079 29,221,405 (320,590) 28,9001815 Community Development Block Grant Fund Intergovernmental 0700000-433000 All other CDBG Fund accounts Total Community Development Block Grant Fund Comm. Dev. Block Grant 456,151 50,506 506,657 56,800 0 56,800 512,951 50,506 563,457 Capital Improvements Fund 6 Intergovernmental 5100000-435225 7 Reimbursements 5100000-470900 All other Capital Improvements Fund accounts Total Capital Improvements Fund Central Corridor Grant Other Reimbursements 200,000 (87,600) 112,400 0 154,300 154,300 200,000 66,700 266,700 355,500 0 355,500. 555,500 66,700 622,200 0 168,284 168,284 259,600 0 259,600 259,600 168,284 427,884 30,549,456 (35,100) 30,514,356 46,350,156 0 46,350,156 76,899,612 (35,100) 76.864,512 Downtown Redevelopment Fund Reimbursements 5500000-470000 All other CDBG Fund accounts Total Community Development Block Grant Fund Norwood Reimbursement Total Estimated Revenues Funds being changed Ail other Village Budget accounts Total Estimated Revenues After Changes VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2003 through December 31, 2003 Expenditures ttem Fund/Program/Classification Account # General Fund Village Manager's Office - Public Information Contractual Services 0011105-540210 Community Dev. - Economic Development 0012103-540247 1 2 Contractual Services Human Services - Administration 3 Contractual Services Public Works Forestry DM 4 Other Equipment 5 Contractual Services 6 Contractual Services 7 Contractual Services Account Description All other General Fund Accounts Total General Fund Current Amended Budget Increase Budget Amount (Decrease) Amount Printing Expense 59,000 5,000 64,000 Econ. Develop. prOgrams 16,500 11,640 28,140 Computer Programming 0 2,000 2,000 Street Furniture 5,770 5,770 11,540 Reforestation 10,000 (10,000) 0 Tree Replac. - Cost Recover. 64,490 {17,000) 47,490 Tree Trimming 110,000 27,000 137,000 0013101-540040 0015202-670024 0015203-54.0710 0015203-540720 0015203-540730 24,410 290,170 0 29,757,668 24,410 30,047,838 265,760 29,757,668 30,023,428 Motor Fuel Tax Fund Traffic ContrOl and Street Lighting 8 Contractual Services 0505405-540660 9 Infrastructure 0505405-690058 Street Improvement Projects 10 Infrastructure 0507706-690005 11 Infrastructure 0507706-690099 All other Motor Fuel Tax Fund Accounts Total Motor Fuel Tax Fund Traffic Light Maintenance 75,000 Traffic Signal Replacement 15,000 Street Light Improvements Bridge Rehab 79,000 154,000 125,000 140,000 119,303 80,697 200,000 100,000 260,000 360,000 309,303 544,697 854,000 1,576,730 0 1,576,730 1,886,033 544,697 2,430,730 0 26,070 261070 0 24,436 24,436 0 50,506 50,506 512,951 0 512,951 512,951 50,506 563,457 12 13 Community Development Block Grant Fund CDBG Accessibility and Neighborhood Improve. Infrastructure 0702306-690001 Infrastructure 0702306-690030 All other CDBG Accounts Total CDBG Fund Streetlights Judith Ann Water Main Capital Improvement Fund Village Improvements 14 Building Improvements 15 Building Improvements 16 Office Equipment Community Improvements 17 Land improvements 18 Infrastructure Street Improvement Projects 19 Infrastructure All other Capital Improve. Fd. Accounts Total Capital Improvement Fund 5107701-640001 5107701-640003 510770%650016 5107702-620008 5107702-690005 5107706-690104 Other Public Buildings Station 12 Improvements Copy Machine - Police Corddor Improvements Residential Street Lights Wolf Road Engineering 40,000 40,004 80,004 254,766 22,435 277,201 10,000 5,000 15,000 0 428,734 428,734 142,786 52,014 194,800 0 68,000 68,000 447,552 616,187 1,063,739 267,353 0 267,353 714,905 616,187 1,331,092 Item No. 20 21 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2003 through December 31, 2003 Expenditures Fund/Program/Classification Account # Downtown Redevelopment Construction Fund Downtown Redevelopment Costs Infrastructure 5507703-690059 All other Downtown Redevelopment Constr. Fd. Accounts Total Downtown Redevelopment Constr. Fund Account Description D/T Straetscape Current Amended Budget Increase Budget Amount (Decrease) Amount 250,000 416,211 666,211 512,007 0 512,007 762,007 416,211 1,178,218 1,931,000 1,140,422 3,071,422 1,176,677 0 1,176,677 3,107,677 1,140,422 4,248,099 Street Improvement Fund Street Improvement Projects Infrastructure 5607706-690084 All other Street Improvement Fund accounts Total Street Improvement Fund Street Resurfacing Flood ConSol Constr. Fd Flood Control Projects 22 Infrastructure 5907704-690079 23 Infrastructure 5907704-690102 24 Infrastructure 5907704-690110 All other Flood Control Constr. Fd accounts Total Flood Control Constr. Fund Creek Tree Tdmming Weller Creek Improvements Melas Crumley Improve. 50,000 7,040 57,040 0 200,737 200,737 0 45,250 45,250 50,000 253,027 303,027 215,000 0 215,000 265,000 253,027 518,027 Water and Sewer Fund Water Distribution M & R 25 Other Equipment 6105505-670038 Water & Sewer System Improvements 26 Contractual Services 6105510-540777 27 Distribution Systems 6105510-680003 28 Distribution Systems 6105510-680010 All other Water and Sewer Fd accounts Total Water and Sewer Fund Booster Pump/Panel Repl. 250,000 Sewer Repair/Replacement 250,000 Water Main Replacement 300,000 Combined Sewer Improve. 750,000 268,622 518,622 100,000 350,000 263,200 563,200 248,500. 998,500. 1,550,000 880,322 2,430,322 7,173,797 0 7,173,797 8,723,797 880,322 9,604,119 Parking Revenue Fund Village Improvements & Equipment 29 Infrastructure 6305111-690103 30 Building Improvements 6307701-640014 All other Parking Revenue Fund accounts Total Parking Revenue Fund Parking Lot Improvements Train Station Improvements 50,000 15,000 65,000 0 130,000 130,000 50,000 145,000 195,000 192,472 0 192,472 242,472 145,000 387,472 31 Vehicle Maintenance Fund Vehicle Maintenance Other Equipment 6605702-670151 All other Vehicle Maintenance Fund accounts Total Vehicle Maintenance Fund Other Equipment 0 49,100 49,100 1,144,297 0 1,144,297 1,144,297 49,100 1,193,397 VILLAGE OF MOUNT PROSPECT Budget Amendment No. 1 Fiscal Year January 1, 2003 throUgh December 3'1, 2003 Expenditures Item 32 Fund/Program/Classification Vehicle Replacement Fund Motor Equipment Replacement Mobile Equipment All other Vehicle Replacement Fund accounts Total Vehicle Replacement Fund Account # Account Description Currant Amended Budget Increase Budget Amount (Decrease) Amount 6707709-660115 Public Works Vehicles 530,771 414,983 945,754 933,800 0 933,800 1,464,571 414,983 1,879,554 142,320 40,000 182,320 4,500,776 0 4,500,776 4,643,096 40,000 4,683,096 53,490,234 4,574,865 58,065,099 28,778,794 0 28,778,794 82,269,028 4,574,865 86,843,893 33 Risk Management Fund Casualty and Property Insurance Insurance 6905801-560102 All other Risk Management Fund accounts Total Risk Management Fund Liability Insurance Total Village Budget Funds being changed All other Village Budget accounts Total Village Budget after Changes