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File #: 200162    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 5/11/2020 In control: Village Board of Trustees
On agenda: Final action: 6/18/2020
Title: Ordinance Amending the Village's Fiscal Year 2019 Budget Ordinance Increase of $2,738,244.94 to the General Fund for expenditures required for Workers Compensation Claims ($88,284.94), an increase of ($2,649,960) for additional payments to IMRF, Police and Fire pension funds and transfers to the Building Reserve Fund; an increase of $29,851.99 to the Parking Systems Fund for expenditures required for depreciation of capital assets, an increase of $90,241.21 to the Waterworks and Sewerage fund for expenditures required for depreciation of capital assets and an increase of $3,018.20 to Fleet Services Reserve fund for expenditures required for depreciation of capital assets. Waiver of first reading is requested. (2/3 vote of Corporate Authorities required)
Attachments: 1. Board Meeting 6-18-2020 Leg#200162, 2. Ordinance 7829 Amending Fiscal Year 2019 Budget.pdf, 3. Cover Page 200162.pdf

Title

Ordinance Amending the Village's  Fiscal Year 2019 Budget Ordinance

Increase of $2,738,244.94 to the General Fund for expenditures required for Workers Compensation Claims ($88,284.94), an increase of ($2,649,960) for additional payments to IMRF, Police and Fire pension funds and transfers to the Building Reserve Fund; an increase of $29,851.99 to the Parking Systems Fund for expenditures required for depreciation of capital assets, an increase of $90,241.21 to the Waterworks and Sewerage fund for expenditures required for depreciation of capital assets and an increase of $3,018.20 to Fleet Services Reserve fund for expenditures required for depreciation of capital assets.  Waiver of first reading is requested.   (2/3 vote of Corporate Authorities required)

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