File #: 240181    Version: 1 Name: Ordinance Amending the Village's Fiscal Year 2023 Budget Ordinance
Type: Ordinance Status: Passed
File created: 5/16/2024 In control: Village Board of Trustees
On agenda: Final action: 6/20/2024
Title: Ordinance Amending the Village's Fiscal Year 2023 Budget Ordinance 2023 budget increase of $4,793,570 to the General Fund for the 2023 waterfall transfer to the Pension Stabilization Fund ($4,245,526) and transfer to the Building Reserve Fund ($548,044). Increase of $563,794 to Capital Projects Fund for the Fleet Facility. Increase of $293,828 to the Police Pension Fund and an increase of $324,045 to the Fire Pension Fund for pensioner payments. Waiver of first reading is requested. (2/3 vote of Corporate Authorities required)
Attachments: 1. BOT-6-20-2024 -LEG#240181.pdf, 2. Ordinance 8272 Amending the Village's Fiscal Year 2023 Budge Ordinance
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
6/20/20241 Village Board of Trustees waived of first reading and passed on second reading with suspension of the rulesPass Action details Meeting details Video Video

Title

Ordinance Amending the Village's Fiscal Year 2023 Budget Ordinance

2023 budget increase of $4,793,570 to the General Fund for the 2023 waterfall transfer to the Pension Stabilization Fund ($4,245,526) and transfer to the Building Reserve Fund ($548,044).  Increase of $563,794 to Capital Projects Fund for the Fleet Facility.  Increase of $293,828 to the Police Pension Fund and an increase of $324,045 to the Fire Pension Fund for pensioner payments.  Waiver of first reading is requested.  (2/3 vote of Corporate Authorities required)

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