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HomeMy WebLinkAboutRESOLUTION - 25-09 - 4/28/2009 - 2009/10 BUDGETRESOLUTION NO. 25-09 A RESOLUTION ADOPTING THE 2009/10 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 2009/10 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 Dul'age, State of Illinois as follows: Section 1: That the 2009/10 Village Budget dated April 28, 2009 in the total amount of $90,501,316 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 Section 2: That all resolutions or parts of resolutions in conflict with this Resolution are hereby repealed.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 28th day of April 2009. APPROVED this 28th day of April 2009. Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Ann I. Walsh, Village Clerk PUBLISHED this 1St day of May 2009 in pamphlet form. (Res)Budget Resolution 2009-10.doc VILLAGE OF ELK GROVE EXPENDITURE SUMMARY FV2007 F1'2008 F1'2009 F1'2010 Fund # Actual Actual Adjusted Budget Adopted Budget General Fund 101 $ 36,015,436 $ 40,381,506 S 44,018,161 $ 43,467,157 Emergency Management Fund 202 $ 67.675 $ 82,760 $ 113,439 $ 127,100 Motor Fuel Tax Fund 203 $ 917,378 S 1,278,248 $ 1,287,592 $ 1,469,415 Municipal Purpose Fund 205 $ 21,431 $• 64,800 $ - $ - Recycling/Municipal Waste Fund 206 $ 737,057 $ 831,596 S 886,950 $ 860,002 Asset Seizuic Fuad 207 $ 2$0.(%44 $ 17,022 S 88,035 $ 81r, I I o IndustriaUCommercial Revitalization Fund 208 $ 2,525,288 S 4,198,332 $ 7,869,457 $ 7,840,956 Foreign Fire Insurance Fund 209 $ 86,588 S 236,838 S 278,187 $ 216,241 Cable Television Fund 210 $ 234,322 S 260,578 $ 506,931 $ 359,969 Legal Defense Trust Fund 211 $ 821,474 S 1,750,154 $ 1,000,000 $ 500,000 Capital Projects Fund 301 $ 2,854,507 $ 8,621,864 S 33,890,826 $ 1.228.750 Grove Mall Redevelopment - TIF 302 $ 329,700 $ 329,994 $ 632,000 $ 1,532.000 Devon/Rohlwing Redevelopment - TIF 303 $ 109,340 $ 546,001 $ 670,000 $ 805,000 Residential Enhancement Fund 304 $ 91,675 $ 72,635 $ 340,000 $ 1,375,000 Capital Projects Debt Fund 402 $ 2,798,254 $ 2,804,443 $ 3,596,435 $ 3,252,180 Water and Sewer Fund 501 $ 9,664,732 $ 10,855,009 $ 17,861,317 $ 15,084,792 Capital Replacement Fund 601 $ 438.631 $ 280,474 $ 1,067,706 $ 585,144 Firefighters Pension Fund 721 $ 3,039,143 $ 3,193,393 S 3,913,200 $ 3,923.400 Police Pension Fund 722 $ 1,943,368 S 2,190,714 S 2,455,000 $ 2,759,000 Village Total S 62,976,643 S 78,006,361 S 120,475,236 S 85,472,216 Elk Grove Public Library 204 S 3,770,378 S 4,431,392 S 4,925,790 $ 5,029,100 Total Village and Library S 66,747,021 S 82,437,753 1 S 125,401,026 S 90,501,316 VILLAGE OF ELK GROVE REVENUE SUMMARY FY2007 FY2008 FY2009 FY2010 Fund # Actual Actual Adjusted Budget Ado ted Bud et General Fund 101 $ 40,996,714 $ 42,127,248 $ 41,224,125 $ 41,791,947 Emergency Management Fund 202 $ 71,806 $ 95,905 $ 99,300 $ 115,000 Motor Fuel Tax Fund 203 $ 1,054,006 $ 2,012,491 $ 1,1027000 $ 957,000 Municipal Purpose Fund 205 $ 3,700 $ - $ - $ - Recycling/Municipal Waste Fund 206 $ 999,524 $ 1,010,117 $ 1,018,250 $ 1,003,250 Asset Scizurc Fund 207 $ 320,784 $ 16,458 $ 6,000 $ 59,000 Industrial/Commercial Revitalization Fund 208 $ 2,884,060 $ 2,266,338 $ 3,100,000 $ 3,120,000 Foreign Fire Insurance Fund 209 $ 103,828 $ 157,444 $ 115,000 $ 120,000 Cable Television Fund 210 $ 328,077 $ 343,884 $ 341,700 $ 351,500 Legal Defense Trust Fund 211 $ 735,000 $ 1,905,000 $ 1,000,000 $ 250,000 Capital Projects Fund 301 $ 426,890 $ 30,942,880 $ 607,500 $ 654,000 Grove Mall Redevelopment - TIF 302 $ 987,887 $ 987,663 $ 975,000 $ 1,000,000 DevonfRohlwing Redevelopment - TIF 303 $ 111,001 $ 554,575 $ 665,000 S 800,000 Residential Enhancement Fund 304 $ 34,775 $ 803,306 $ 150,000 $ 184,000 Capital Projects Debt Fund 402 $ 2,978,752 $ 2,899,560 $ 3,763,435 $ 3,379,180 Water and Sewer Fund 501 $ 10,185,61 1 $ 9,875,533 $ 11,517,730 S 11,751,666 Capital Replacement Fund 601 $ 754,699 S 825,763 $ 877,923 $ 807,011 Firefighters Pension Fund 721 $ 5,821,775 S 3,574,752 $ 5,903,300 $ 4,864,500 Police Pension Fund 722 $ 5,789,236 $ 3,431,974 $ 6,229,800 $ 4,414,100 Village Total S 74,588,125 S 103,830,891 S 78,696,063 S 75,622,154 Elk Grove Public Library 204 $ 4,280,318 S 4,404,571 S 4,998,890 S 5,061,620 Total Village and Library S 78,868,443 S 108,235,462 S 83,694,953 S 80,683,774