HomeMy WebLinkAboutRESOLUTION - 18-04 - 4/13/2004 - 2004/05 BUDGET, ADOPTING OFRESOLUTION NO. 18-04
A RESOLUTION ADOPTING THE 2004105 BUDGET FOR THE VILLAGE OF ELK
GROVE VILLAGE, COUNTIES OF COOK AND DUPAGE, ILLINOIS
WHEREAS, a budget has been prepared and reviewed to provide Village
services for the 2004/05 fiscal year; and,
WHEREAS, the maintenance of a financially strong local government requires
that a balanced budget be adopted to provide for the delivery of services to the
community.
NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Board of Trustees of
the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois as
follows:
Section 1: That the 2004/05 Village Budget dated April 13, 2004 in the total
amount of $70,633,632, as indicated in the attached Revenue and Expenditure
Summary Comparisons, is hereby adopted.
Section 2: That all resolutions or parts of resolutions in conflict with this
Resolution are hereby repealed.
Section 3: That this Resolution shall be in full force and effect from and after its
passage, approval and publication according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT., 0
PASSED this 13th day of April 2004.
APPROVED this 13th day of April 2004.
APPROVED:
Craig B. Johnson, Mayor
ATTEST.
Ann I. Walsh, Village Clerk
By: Margit C. Thompson, Deputy Village Clerk
PUBLISHED this 16"' day of April 2004 in pamphlet form.
BudgetResola=2 B4-09
VILLAGE OF ELK GROVE VILLAGE
REVENUE SUMMARY COMPARISON
FISCAL YEAR 2004-2005
Fund
Fund #
2001/02
Original
Budget
2002/03
Original
Budget
2003/04
Original
Budget
2004/05
Board
Adopted
Budget
General Fund
101
S
29 8,442
S
28,760,999
S
27,428,828
S
31,932,904
[MRF/FICA Fund
201
$
769,994
$
920,752
S
949,105
$
-
Emergency Management Fund
202
$
56,746
$
59.%9
$
51,331
$
48,545
Motor Fuel Tax Fund
203
$
1,148,855
$
1,094,845
S
1022 663
$
1,052,300
Municipal Purpose Fund
205
14,250
1 S
1,625
$
1,475
S
1,000
Recycling/Municipal Waste Fund
206
S
1157,916
$
1,121029
$
967,414
S
961650
Asset Seizure Fund
207
$
8,670
$
1,750
$
1,000
$
1,000
Industrial/Commercial Revitalization Fund
208
S
2,403 50
$
2,339,476
$
2,203,720
$
2,021,000
Foreign Fire Insurance Fund
209
S
105,905
S
86,180
$
87,640
$
112,000
Cable Television Fund
210
-
$
-
S
243,000
$
260,700
Legal Defense Trust Fund
211
-
$
-
$
-
$
-
Capital Projects Fund
301
$
901,660
S
1,330,574
$
1,997,689
$
328,000
Grove Mall Redevelopment - TIF
302
$
-
S
-
$
-
$
855 100
Devon/Rohlwing Redevelopment - TIF
303
$
-
$
-
$
-
S
50,050
Residential Enhancement Fund
304
$
-
$
-
S
20,000
S
40,000
Capital Projects Debt Fund
402
$
2,943,716
S
2,844,457
S
2,950,596
$
3,339,141
Water and Sewer Fund
501
$
10,114,967
$
9,659 98
$
9103,404
S
8,303,050
Capital Replacement Fund
601
$
614,898
$
593,671
S
471,492
S
419,011
Firefighters Pension Fund
721. ..
S.
. 3,524,136...
S.,
2,722,477
S
2,998,438 ..
S .
3,442,109
Police Pension Fund
722
S
40076,307
1 $
2,442,3191
S
2,489,857
$
3,535,224
Total
S
57,389,812
$
53,979,721
$
52,877,652
$
56,702,784
VILLAGE OF ELK GROVE VILLAGE
EXPENDITURE SUMMARY COMPARISON
FISCAL YEAR 2004-2005
Fund
Fund #
2001/02
Original
Budget
2002/03
Original
Budget
2003/04
Original
Budget
2004/05
Board
Adopted
Budget
Genend Fund
101
$
28,915 27
S
29,193,968
$
29,122,245
$
32,363,505
IMRF/FICA Fund
201
$
969,960
$
983,700
S
922,840
$
-
Emergency Management Fund
202
$
52,209
$
50 87
$
50,419
$
60,533
Motor Fuel Tax Fund
203
S
1476 7
$
1,497,542
$
1744 028
$
1633 28
Municipal Fund
205
-
$
-
$
-
$
40,000
RecyclingtMunicipal Waste Fund
206
$
1,018 400
S
1,011650
$
824100
S
843,100
Asset Seizure Fund
207
$
19,316
$
8,040
$
35,000
$
25,279
Industrial/Conunercial Revitalization Fund
208
S
8,220,365.$
6,725 490
S
9,825,256
S
8,729,757
Foreign Fire Insurance Fund
209
$
101,800
$
69,910
$
47,560
$
75,900
Cable Television Fund
210
$
-
S
$
237;270-
$
250,371
Legal Defense Trust Fund
211
$
$
$
5,000 000
$
3,300 000
Capital Projects Fund
301
S
1930,319
$
2,375,866
$
12,556,466
$
3,460 015
Grove Mall Redevelopment - TIF
302
$
-
$
-
$
-
$
2,000
Devon/Rohlwing Redevelopment - TIF
303
$
-
S
-
$
-
$
25,000
Residential Enhancement Fund
304
$
10 000,000
$
9,862,091
S
760,000
$
335 000
Capital Projects Debt Fund
402
$
2,902,265
$
2,844 457
S
3,21 79
S
3,311087
Water and Sewer Fund
501
$
9,644196
$
9,552,473
$
10,266,155
$
10172,510
Capital Replacement Fund
601
$
460,000
$
240,000
$
132,409
$
798,000
Firefighters Pension Fund
721
$
2,571,548
S
3,046,500
S
3,185,411
S
3,287,765
Police Pension Fund
722
$
1,177,336
S
1,616,000
S
1,692,016
$
1,920,482
Total
$
69,459,188
S
68,968,274
$
79,618,053
$
70,633,632
VILLAGE OF ELK GROVE VILLAGE
EXPENDITURE SUMMARY COMPARISON
FISCAL YEAR 2004-2005
2001/02
Original
FUND Fund # Budget
2002/03
2003/04 2004/05
2004/05
$ 29183 968
Board
Board
Original
Original Adopted
Adopted
Budget
Budget Budget (GASB)
Budget
General Fund
101
$ 29,915,227
$ 29183 968
$ 29,122,245
S 32,363 05
S 29,507 604
IMRF/FICA Fund
201
$ 969,960
S 8-3-3-1700
$ 922,840
$ 1056,568
Propedy Tax L /PPRT Expenses
$ -
$ 1 799,333
Total
$ 29 885167
$ 30,067,669
S 30,045 085
S 32,363,915
S 32,W,505