File #: 200197    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 6/22/2020 In control: Village Board of Trustees
On agenda: Final action: 7/16/2020
Title: Amending the Village's Fiscal Year 2019 Budget Ordinance #7605 and Repealing Ordinance #7829 in Relation to a Budget Ordinance Amendment, as a Result of a Scrivener's Error Contained Therein An Ordinance amending the Village's Fiscal Year 2019 Budget Ordinance #7605 to increase the Fiscal Year 2019 Budget by $2,066,320 and repealing Fiscal Year 2019 Budget Amendment Ordinance # 7829, approved on June 18, 2020. This amendment reflects an increase of $86,093 to the General Fund, an increase of $1,482,287 to the Waterworks and Sewerage fund, an increase of $64,765 to the Fleet Services Reserve Fund, and an increase of $433,175 to the Police Pension Reserve fund. Request to repeal Ordinance #7829 due to scrivener's error. Staff requests waiver of first reading. This requires a two-thirds (2/3rds) vote of the Corporate Authorities (5 of 7).
Attachments: 1. BOT Meeting 7-16-20 Leg# 200197--Final 2019 Budget Amendment Ord and Repeal Ord 7829.pdf, 2. Ordinance 7835 FY2019 Budget Scrivenors Error.pdf, 3. Cover Page 200197.pdf

Title

Amending the Village's  Fiscal Year 2019 Budget Ordinance #7605 and Repealing Ordinance #7829 in Relation to a Budget Ordinance Amendment, as a Result of a Scrivener's Error Contained Therein

An Ordinance amending the Village's Fiscal Year 2019 Budget Ordinance #7605 to increase the Fiscal Year 2019 Budget by $2,066,320 and repealing Fiscal Year 2019 Budget Amendment Ordinance # 7829, approved on June 18, 2020.  This amendment reflects an increase of $86,093 to the General Fund, an increase of $1,482,287 to the Waterworks and Sewerage fund, an increase of $64,765 to the Fleet Services Reserve Fund, and an increase of $433,175 to the Police Pension Reserve fund.   Request to repeal Ordinance #7829 due to scrivener's error.  Staff requests waiver of first reading. This requires a two-thirds (2/3rds) vote of the Corporate Authorities (5 of 7).

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