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HomeMy WebLinkAboutRESOLUTION - 20-12 - 4/24/2012 - 2012/2013 BUDGETRESOLUTION NO. 20-12 A RESOLUTION ADOPTING THE FISCAL YEAR 2012/13 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 2012/13 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 Fiscal Year 2012/13 Village Budget dated April 24, 2012 in the total amount of $90,970,105 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 Section 2: That all resolutions or parts of resolutions in conflict with this Resolution are hereby repealed.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 24th day of April 2012. APPROVED this 24`h day of April 2012. APPROVED: Mavor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk PUBLISHED in pamphlet form this 27`h day of April 2012. Budget 12esol inion 2012-13 VILLAGE OF ELK GROVE EXPENDITURE SUMMARY FY2013 FY2010 FY2011 FY2012 FY2013 Fund # Actual Actual Adjusted Budget Adopted Budget General Fund 101 $ 40,048,516 $ 39,805,541 $ 43,109,747 $ 45,009,330 Emergency Management Fund 202 $ 102,874 $ 173,318 $ 128,098 $ 110,989 Motor Fuel Tax Fund 203 $ 1,080,211 $ 1,007,227 $ 894,887 $ 1,075,000 Recycling/Municipal Waste Fund 206 $ 817,979 $ 868,548 $ 1,073,880 $ 1,161,200 Asset Seizure Fund 207 $ 90,276 $ 23,788 $ 32,535 $ 22,035 Industrial/Commercial Revitalization Fund 208 $ 2,499,311 $ 2,725,813 $ 7,580,692 $ 4,187,680 Foreign Fire Insurance Fund 209 $ 131,440 $ 41,367 $ 107,140 $ 120,265 Cable Television Fund 210 $ 379,461 $ 406,983 $ 400,629 $ 394,390 Capital Projects Fund 301 $ 1,707,342 $ 6,948,886 $ 8,292,779 $ 915,000 Grove Mall Redevelopment -71F 302 $ 2,005,488 $ 717,215 $ 717,000 $ 759,000 Devon/Rohlwing Redevelopment - TIF 303 $ 799,230 $ 584,588 $ 800,000 $ 800,000 Residential Enhancement Fund 304 $ 347,211 $ 51,765 $ 942,750 $ 542,750 Capital Projects Debt Fund 402 $ 3,250,516 $ 3,254,526 $ 4,424,935 $ 4,082,780 Waterand Sewer Fund 501 $ 10,164,938 $ 10,318,130 $ 17,161,181 $ 15,838,944 Capital Replacement Fund 601 1 $ 504,845 $ 492,168 $ 1,768,558 $ 1,217,000 Firefighters Pension Fund 721 $ 3,466,374 $ 4,100,929 $ 4,781,000 $ 5,284,000 Police Pension Fund 722 $ 2,593,631 $ 2,839,795 $ 3,267,000 $ 4,266,800 Village Total $ 70,009,435 $ 74,360,187 $ 95,482,811 $ 85,787,163 Elk Grove Public Library 204 $ 4,086,740 $ 4,332,304 $ 51222,623 $ 5,182,942 Total Village and Library $ 74,096,175 1 $ 78,692,891 $ 100,705,434 1 $ 90,970,105 VILLAGE OF ELK GROVE REVENUE SUMMARY FY2013 FY2010 FY2011 FY2012 FY2013 Fund 9 Actual Actual Adjusted Budget Adapted Budget General Fund 101 $ 37,698,903 S 40,396,028 $ 39,606,595 $ 42,446,995 Emergency Management Fund 202 $ 114,945 $ 201,463 $ 136,090 $ 121,270 Motor Puel'1'ax Fund 203 $ 877,789 $ 1,032,860 $ 870,500 $ 827,200 Recycling/Municipal Waste Fund 206 $ 978,678 $ 1,001,540 $ 1,018,000 $ 1,723,000 Asset Seizure Fund 207 S 90,223 $ 49,924 $ 12,450 $ 7,100 Industrial/Commercial Revitalization Fund 208 $ 2,389,163 $ 2,389,171 $ 2,402,500 $ 2,625,000 Foreign Fire Insurance Fund 209 S 96,291 $ 95,200 $ 95,000 $ 98,000 Cable'relevision Fund 210 $ 332,620 $ 411,376 $ 355,500 $ 379,000 Capital Projects Fund 301 $ 157,351 $ 13,099,837 $ 373,500 $ 343,500 Grove Mall Redevelopment - TIF 302 $ 1,051529 S 989,906 $ 1,000,000 S 1,000,000 Devon/Rohlwing Redevelopment - TIF 303 $ 809,006 $ 594,872 $ 800,000 $ 800,000 Residential Enhancement Fund 304 $ 17,686 S 14,266 $ 20,000 $ 50,000 Capital Projects Debt Fund 402 $ 3,215,101 $ 3,256,576 $ 4,456,940 $ 4,109,770 Water and Sewer Fund 501 $ 10,611,508 $ 11,664,337 S 13,216,500 S 13,582,325 Capital Replacement Fund 601 $ 669,599 S 677,351 $ 670,289 $ 803,381 Firefighters Pension Fund 721 S 7,758,628 $ 7,237,862 $ 61263,030 $ 7,550,000 Police Pension Fund 722 $ 7,510,207 $ 8,592,069 $ 6,058,880 $ 8,200,800 Village Total $ 74,381,227 S 91,704,638 $ 77,355,774 $ 84,667,341 Elk Grove Public Library 204 $ 4,458,057 $ 4,630,308 $ 5,373,495 $ 5,313,765 "futal Village and Library $ 78,839,284 $ 96,334,946 $ 82,729,269 $ 89,981,106