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HomeMy WebLinkAboutORDINANCE - 1791 - 4/8/1986 - BUDGET ACT REVISIONS0 ORDINANCE No. 1791 AN ORDINANCE ADOPTING THE BUDGET ACT REVISIONS OF THE ILLINOIS REVISED STATUTES WHEREAS, the Corporate Authorities of the Village of Elk Grove Village, Counties of Cook and DUPage, Illinois, have determined that a program oriented budget is in the best interests of the citizens of the community; and WHEREAS, the annual Appropriation Ordinance is a duplication of time and effort to the preparation of the annual budget; and WHEREAS, the annual approved budget is the control document for all spending of the Village of Elk Grove Village. NOW, THEREFORE, 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 Sections 8-2-9.1 through 8-2-9.10 of Chapter 24 of the Illinois Revised Statutes (hereinafter referred to as the Budget Act) and attached as Exhibit 1 are hereby adopted as the municipal budget procedure for the Village of Elk Grove Village in lieu of the annual appropriation. Section 2: That the Director of Finance shall be appointed as the Budget Officer. Section 3: That all ordinances or parts of ordinances in conflict with this ordinance are hereby repealed. Section 4: That this ordinance shall be in full force and effect from and after its approval and passage and shall first apply to the 1986-1987 fiscal year beginning May 1, 1986. Adopted this firh day of April 1986, pursuant to a roll call vote as follows: AYES: 5 NAYS: 0 ABSENT: - 2 Approved this 8th day of April , 1986. ATTEST: Patricia S. Smith Village Clerk Charles J. Zettek Village President BUDGET ACT PROVISIONS ILLINOIS REVISED STATUTES 8-2-9.1. Budget officer --Desi nation --Tenure Budget officer--Designation--Tenure. Ever-. municipality with a population of less than 500,000 except special charter municipalities having a population in excess of 50,000 persons, that has adopted this Section S-2-9.1 aa' Sections 8-2-9.2 through 3-2-9.10 by a two-thirds maiority = of those members of tiie corporate authorities then holding office shall have a budget officer who shall be desinated 'oy mayor or president, with the approval of the corporate or in the case of municipalities operating under the com,i__isr form of government by the commissioner of accounts and fina:ice with the approval of the Council or Board of Trustees, as the case may be, or in municipalities with a managerial form of government, by the municipal manager. The budget officer shall take oath and post bond as provided in Section 3-14-3. The budget officer may hold another municipal office, either el cte: or appointed, and may receive compensation for both offices. Article 10 of this Code shall not apply to an individual serving as the budget officer. Such budget officer shall serve at the pleasure of the mayor or municipal manager, as the case may be. Amended by P.A. 76-1117, Section 1, effective August 28, 1969. 8-2-9.2. Powers and duties of budget officer 8-2-9.2. Powers and duties of budget officer. The municipal budget officer appointed in any municipality pursuant to Section 3-2-9.1 shall have the following powers .nd lubes: (a) Permit and encourage and establish the use of efficient planning, budgeting, auditing, reporting, accountia_, and other fiscal management procedures in all municipal depart- ments, commissions, and boards. (b) Compile an annual budget in accordance with Section 3-2-9.3. (c) Examine all books and records of all municipal departments, commissions, and boards which relate to monies received by the municipality, municipal departments, commissions, and boards, and paid out by the municipality, municipal departments, commissions, and boards, debts and accounts receivable, amounts owed by or to the municipality, municipal departments, commissions, and boards. (d) Obtain such additional information from the municipality, municipal departments, commissions, and boards as may be useful to the budget officer for purposes of compiling a municipal budget, such information to be furnished by the municipality, municipal departments, commissions, and boards in the form required by the budget officer. Any department, commission or board which refuses to make such infor;aation as is requested of it available to the budget officer shall not be permitted to make expenditures under any subsequent budzet for the municipality until such municipal department, co:.imissioa, or board shall comply in full with the request of the budget officer. - 2 - (e) Establish and maintain such procedures as shall insure that no expenditures are made by the municipalit_r, municipal departments, commissions, or board except as authorized by the budget. Amended by P.A. 76-1117, Section 1, effective August 28, 1969. 8-2-9.3 Compilation and contents of bud,et 8-2-9.3. Compilation and contents of budget. The municipal budget officer shall compile a budget, such budget to contain estimates of revenues available to the municipaiin for the fiscal year for which the budget is drafted, together with recommended expenditures for the municipality and all or- the fthe municipality's departments, commissions, and board:. Revenue estimates and expenditure recommendations shall be presented in a manner which is in conformity with good fiscal management practices. Substantial conformity to a chart of accounts, now or in the future, recommended by the National Committee on Governmental .accounting, (or) the .auditor of Public Accounts of the State of Illinois, or the Division of Local Governmental Affairs and Property Taxes of the Dopnr;ncnt of Revenue of the State of Illinois or successor agencies shall be deemed proof of such conformity. The budget shall contain actual or estimated revenues and expenditures for the two year immediately preceding the fiscal year for which the bu�;ot is prepared. So far as is possible, the fiscal data for such two preceding fiscal years shall be itemized in a manner which is - 3 - in conformity with the chart of accounts approved above. Each budget shall show the specific fund from which each anticipated expenditure shall be made. Amended by P.A. 76-1117, Section 1, effective August 28, 1969. 8-2-9.4. Passage of annual bud, -et --Effect 8-2-9.4. Passage of annual budget --effect. Passage of the annual budget by the corporate authorities shall be in lieu of passage of the appropriation ordinance as required by Section 8-2-9 of this Act. The annual budget need not be published except in a manner provided for in Section 8-2-9.9. The annual budget shall be adopted by the corporate authorities before the beginning of the fiscal year to which it applies. Amended by P.A. 76-1117, Section 1, effective .august 2S, 1969. 8-2-9.5. Capital improvement, repair or replacement fund 8-2-9.5. Capital improvement, repair or replacement fund. In the preparation by the municipal budget officer of the annual budget, one-half of one percentum of equalized assessed value of property subject to taxation by the municipality may be accumulated in a separate fund for the purpose or purposes of specific capital improvements, repairs, and/or replacements of specific types of municipal equipment or other tangible property, both real and personal, to be designated as the "Capital Improvement, Repair or Replacement Fund". Expenditures fromthe Capital Improvement, Repair or Replacement Fund shall be budgeted in the fiscal Year in which the capital improvement, repair or replacement will occur. - 4 - Upon the completion or abandonment of an}, object for .%hich the Capital Improvement, Repair or. Replacement Fund, or should any surplus monies remain after the completion or abandonment of any object for which the Capital Improvement, Repair or Replacement Fund was inaugurated, then such funds no longer necessary for capital improvement, repair or replacement shall be transferred into the general corporate fund of the 77iun'_ci- palit7 on the first day of the fiscal year following suc' abandonment, completion, or discovery of surplus funds. Amended by P.A. 76-1117, Section 1, effective August 23, 1969. 8-2-9.6. Revision of annual budget 8-2-9.6. Revision of annual budget. The corporate authorities may delegate authority to heads of municipal departments, boards, or commissions to delete, add to, change or create sub -classes within object classes budgeted previously to the department, board, or commission, subject to such limitation or requirement for prior approval by the budget officer or executive officer of the municipality as the council, upon a two-thirds vote of the corporate authorities then holding office, may establish. By a vote of two-thirds of the members of the corporate authorities then holding office, the annual budget for the municipality may be revised by deleting, adding to, changing or creating sub -classes within object classes and object classes themselves. No revision of the budget shall be made increasing the budget in the event funds are not available to effectuate the purpose of the revision. Amended by P.A. 76-1117, Section 1, effective August 23, 1969. - S - 8-2-9.7. Funds for contineencv purposes 8-2-9.7. Funds for contingency- purposes. The ann.::.! budget may contain money set aside for contingency: purposes not to exceed ten percent of the total budget, less the set aside for contingency purposes, which monies may be expended for contingencies upon a majority vote of the corporate authorities then holding office. ::tended by P.... 76-1117, Section 1, effective August 228, 1969. 8-2-9.8. Repealed by P.A. 76-1117. Section 2, effective August 28, 1969. 8-2-9.9. Public inspection, notice and hearing on budget 8-2-9.9. Public inspection, notice and hearing on budget. The corporate authorities shall make the tentative annual budget conveniently available to public inspection for at least ten days prior to the passage of the annual budget, by publication in the journal of the proceedings of the corporate authorities or in such other form as the corporate authorities may prescribe. Not less than one week after the publication of the tentative annual budget, and prior to final action on the budget, the corporate authorities shall hold at least one public hearing on the tentative annual budget, after which hearing or hearings the tentative budget may be further revised and passed without any further inspection, notice or hearing. Notice of this hearing shall be given by publication in a newspaper having a general circulation in the municipality at least one week prior to the time of the hearing. Amended by P.A. 76-11171 Section 1, effective August 28, 1969. 8-2-9.10, Abandonment 8-2-9.10. Abandonment. any municipality that has previously adopted the provisions of these Sections S-2-9.1 through 8-2-9.9 may abandon the provisions hereof by a 2/3 majority vote of the corporate authorities then holding office. .amended by P.A. 76-1117, Section 1, effective au<_tst 28, 1969. - 7 -