ORDINANCE 4381
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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 April 3, 1997 in the amount of $51,399,160; 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 $510,084.

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.

Passed on first reading this ____ day of_____________________________________________, 1997.

First reading waived by action of the Board of Trustees this 16th day of October, 1997.

Passed on second reading this 16th day of October, 1997.

Ayes:

Nays:

Absent:

Approved this 16th day of October, 1997.







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William J. Mueller
Village President
ATTEST:

______________________________________
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