File #: 980756    Version: 0 Name: Budget Transfer Ordinance (Waiver of First Requested)
Type: Ordinance Status: Passed
File created: 12/18/1998 In control: Village Board
On agenda: Final action: 1/7/1999
Title: AN ORDINANCE AMENDING BUDGET ORDINANCE
Indexes: Budget
Attachments: 1. Ordinance 4583 Budget Transfer FY 98-99
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
1/7/19990 Village Board waiver of first reading and passed on second reading under suspension of the rulesPass Action details Meeting details Not available

ORDINANCE _________

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AN ORDINANCE AMENDING BUDGET ORDINANCE

 

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                     WHEREAS, the Corporate Authorities of the Village of Lombard have passed a budget adoption ordinance on May 7, 1998 in the amount of $56,696,380; and

 

                     WHEREAS, the Corporate Authorities of the Village of Lombard have previously  passed several ordinances amending said budget; and

 

                     WHEREAS, Section 8-2-9.6 of the Budget Act allows for the amendment of the annual budget; and

 

                     WHEREAS, the Corporate Authorities find that an amendment to the annual budget ordinance is necessary at this time to more accurately reflect the experience of the current fiscal year.

 

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

 

                     Section 1:                      That in order to more accurately reflect the experience of the current fiscal year, certain transfers within departments are necessary from time to time as per the attached.

 

                                                               Section 2:                      That these transfers should reflect the actual expenses for the fiscal year and will increase the total amount of the budget by $1,943,080.

 

                                                               Section 3:                      That the following transfers be made to the various departments and divisions line item expenditures:  (See attached)

 

                                                               Section 4:                      Additional funds are available to effectuate this revision.

 

                                                               Section 5:                      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.