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HomeMy WebLinkAboutORDINANCE - 1875 - 3/24/1987 - BUDGET ACT, ADOPTION OFORDINANCE NO. 1875 AN ORDINANCE AMENDING SECTION 2 OF ORDINANCE NO. 1791 PERTAINING TO THE ADOPTION OF THE BUDGET ACT BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois as follows: Section 1: That Section 2, of Ordinance No. 1791 be and the same is hereby amended to read as follows: SECTION 2 a. That the Director of Finance shall be appointed as the Budoet Officer, and b. That authority shall be delegated to the Budget Officer to delete, add to, change, or create sub -classes within object classes budgeted previously to the departments, boards or commissions, not to exceed the total approved annual budget. An increase in the total annual budget for a department, board or commission, shall be made only by a vote of two-thirds of the President and Board of Trustees then holding office. No revision shall be made increasing the budget in the event funds are not available to effectuate the purpose of the revision. Section 2: That this Ordinance shall be in full force and effect from and after its passage and approval and shall apply to the 1986/1987 fiscal year beginning May 1, 1986. PASSED this 24th day of March , 1987. APPROVED this 24th day Of March , 1987. VOTE: AYE: 6 NAY: 0 ABSENT: 0 Charles J. Zettek Village President ATTEST: Patricia S. Smith Village Clerk