ORDINANCE ______

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BUDGET ORDINANCE FOR FISCAL YEAR 1999 - 2000

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WHEREAS, the Corporate Authorities of the Village of Lombard have heretofore deemed it to be in the best interest of the Village of Lombard to require a budget ordinance rather than an appropriation ordinance be passed pursuant to State Statute, 65 ILCS 5/8-2-9.1 et seq.; and

WHEREAS, the Corporate Authorities of the Village of Lombard has made the proposed annual budget available for public inspection at the Village Hall and at the Helen M. Plum Memorial Library for a period in excess of three weeks prior to final consideration of the proposed budget; and

WHEREAS, the Corporate Authorities of the Village of Lombard held a public hearing for the purpose of obtaining public comment on the proposed budget on April 8, 1999; and

WHEREAS, the Corporate Authorities have complied with all of the requirements of our local ordinances and State Statutes regarding compilation and contents of the budget.

NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LOMBARD, DU PAGE COUNTY, ILLINOIS as follows:

Section 1:  That the proposed budget for the Village of Lombard for the fiscal year 1999-2000, a copy of which is on file with the Village Clerk, in the total amount of FIFTY SIX MILLION ONE HUNDRED TWENTY FOUR THOUSAND FIVE HUNDRED DOLLARS ($56,124,500) of which TWENTY TWO MILLION TWO THOUSAND NINETY DOLLARS ($22,002,090) is for the General Fund, SIX MILLION EIGHT HUNDRED EIGHTY FOUR THOUSAND SEVEN HUNDRED DOLLARS ($6,884,700) is for Special Revenue Funds, EIGHT HUNDRED FORTY SIX THOUSAND FIVE HUNDRED SIXTY DOLLARS ($846,560) is for Debt Service Funds, SEVEN MILLION EIGHT HUNDRED FIFTY SEVEN THOUSAND TWO HUNDRED FIFTY DOLLARS ($7,857,250) is for Capital Project Funds; THIRTEEN MILLION FOUR HUNDRED EIGHTY SIX THOUSAND TWO HUNDRED DOLLARS ($13,486,200), is for Enterprise Funds, THREE MILLION EIGHT HUNDRED SEVENTY ONE THOUSAND SIXTY DOLLARS ($3,871,060) is for Internal Service Funds, and ONE MILLION ONE HUNDRED SEVENTY SIX THOUSAND SIX HUNDRED FORTY DOLLARS ($1,176,640) is for Pension Trust Funds, a summary of which is attached hereto and marked as Exhibit "A", is hereby adopted and approved.

Section 2:  That this ordinance shall be in full force and effect after the passage and publication pursuant to the laws of the State of Illinois and the Village of Lombard.

Passed on first reading this ____ day of ______________________________________, 1999.

First reading waived by action of the Board of Trustees this ____ day of ____________, 1999.

Passed on second reading this ____ day of ___________________________________, 1999.

Ayes:                     

Nays:                     

Absent:                     

Approved this ____ day of ________________________________________________, 1999.

                                          ________________________________________

                                          William J. Mueller

                                          Village President

ATTEST:

_____________________________________

Lorraine G. Gerhardt

Village Clerk

APPROVED AS TO FORM:

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Thomas P. Bayer

Village Attorney

Ordinance No. _______

Budget Ordinance For Fiscal Year 1999-2000

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