HomeMy WebLinkAboutRESOLUTION - 21-08 - 4/22/2008 - 2008/09 BUDGETVC,
RESOLUTION NO. 21-08
A RESOLUTION ADOPTING THE 2008/09 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
2008/09 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 2008/09 Village Budget dated April 22, 2008 in the total amount of
$85,211,457 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hereby repealed.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
adoption, approval and publication form as provided by law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 22nd day of April 2008.
APPROVED this 22nd day of April 2008.
Mavor Cram B. Johnson
Village of Elk Grove Village
ATTEST:
Ann L Walsh, Village Clerk
PUBLISHED this 25th day of April 2008 in pamphlet form.
(Res)Budget Resolution 2008-09.doc
VILLAGE OF ELK GROVE
EXPENDITURE SUMMARY
FY2006
FY2007
FY2008
FY2009
Fund 9
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
S
34. 136t818
S
36.010.861
S
44.315.111
S
41.261.037
Emergency Management Fund
202
$
123,847
S
67,675
$
97;935
$
113,439
Motor Fuel Tax Fund
203
$
1,196,207
S
917,378
$
2;134,870
S
1,287,592
Municipal Purpose Fund
205
S
-
S
21.431
$
-
$
-
Recycling/Municipal Waste Fund
206
S
799,957
S
737,057
S
895,733
S
886,950
Asset Seizure Fund
207
S
7;198
$
280,644
$
338.854
S
88,035
Industrial/Commercial Revitalization Fund
208
$
4,358,917
$
2;525,288
$
1 1.855,222
S
7,422,836
Foreign Fire Insurance Fund
209
$
30;628
$
86,588
S
350;650
S
222.700
Cable Television Fund
210
$
233,348
S
234,322
S
285.826
S
481.931
Legal Defense Trust Fund
211
S
3,320,460
S
821,474
S
2.500.000
S
1,000,000
Capital Projects Fund
301
S
1,872,429
S
2.854,507
S
40.713.826
S
1.217.000
Grove Mall Redevelopment - TIF
302
S
329.663
S
329.700
S
332.000
S
332,000
Devon/Rohhving Redevelopment - TIF
303
$
43,455
S
109,340
S
110.000
$
670,000
Residential Enhancement Fund
304
$
215,578
S
91,675
$
1.060.000
$
340.000
Capital Projects Debt Fund
402
$
2.795,614
S
2;798,254
S
2.808.000
S
3.596.435
Water and Sewer Fund
501
S
9.509.466
S
9.664.732
S
15.724,536
$
14,092,512
Capital Replacement Fund
601
$
414.459
S
438.631
S
631,905
S
905,000
Firefighters Pension Fund
721
$
2,818.330
S
3.039.143
S
3.364,200
S
3.913,200
Police Pension Fund
722
$
1682,685
S
1,943,368
S
2.246,000
S
2.455;000
Villa e 7btal
S
63,889,059
S
62,972,068
S
129,764,668
S
80,285,667
Elk Grove Public Library
204
S
3,330,303
S
3,770,378
S
4,893,719
S
4,925,790
Total Village and Library
S
67,219,362
S
66,742,446
S
134,658,387
S
85,211,457
VILLAGE OF ELK GROVE
REVENUE SUMMARY
F)'2006
F)'2007
1,Y2008 .
FY2009
Fund 11
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
S
37,569,720
S
40,997,221
S
38,835,652
$ 41,224,125
Emergency Management Fund
202
$
107,212
$
71,809
S
95,205
$ 99,300
Motor Fuel Tax Fund
203
S
1,042,265
$
1,054,006
S
2,040,000
$ 1,102,000
Municipal Purpose Fund
205
$
4,696
$
32700
S
-
$ -
Recycling/Municipal Waste Fund
206
$
991,858
$
999,524
S
998,250
$ 1,018,250
Asset Seizure Fund
207
$
5,547
$
320,784
S
126,938
$ 6,000
Industrial/Commercial Revitalization Fund
208
$
3,8632498
$
2,884,060
S
4,535,000
S 3,100,000
Foreign Fire Insurance Fund
209
$
123,991
S
103,828
S
110,000
S 115,000
Cable Television Fund
210
$
288,867
S
328,077
S
312,700
S 341,700
Legal Defense Trust Fund
211
S
1,419,121
$
735,000
S
2,000,000
$ 1,000,000
Capital Projects Fund
301
$
1,591,467
$
426,890
$
30,300,000
$ 607,500
Grove Mall Redevelopment - TIF
302
$
944,769
$
987,887
$
850,000
S 975,000
Devon/Rohhving Redevelopment - TIF
303
S
36,507
S
121,434
$
50,000
S 665,000
Residential Enhancement Fund
304
$
193,631
$
34,775
S
765;000
$ 150;000
Capital Projects Debt Fund
402
$
2,850,128
S
2,978,752
S
2,931,699
$ 3,763,435
Nater and Sewer Fund
501
$
9,694,683
S
10,185,611
$
10,007,350
$ 1 1,517,730
Capital Replacement Fund
601
S
575,089
S
754,699
$
760,403
$ 877,923
Firefighters Pension Fund
721
$
4,985,709
S
5,783,234
S
3,889,225
$ 5.903.300
Police Pension Fund
722
$
3,883,374
S
5,661,865
S
3,947,370
$ 6,229,800
Village Total
S
70,172,132
S
74,433,156
S
102,554,792
S 78,696,063
Elk Grove Public Libran•
204
S
4,089,084
S
4,280,318
S
4,963,160
S 4,998,890
Total Village and Library
S
74,261,216 1
S
78,713,474
S
107,517,952
FS 83,694,953