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HomeMy WebLinkAboutRESOLUTION - 21-13 - 4/23/2013 - 2013-14 BUDGETRESOLUTION NO. 21-13 A RESOLUTION ADOPTING THE FISCAL YEAR 2013-14 BUDGET FOR THE VILLAGE OF ELK GROVE VILLAGE. ILLINOIS WHEREAS, a budget has been prepared and reviewed to provide Village services for the 2013-14 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 2013-14 Village Budget dated April 23, 2013 in the total amount of $98,107,351 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 Section 2: That all resolutions or parts of resolutions in conflict with this Resolution are hereby repealed.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 23 d day of April 2013. APPROVED this 23rd day of April 2013. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk PUBLISHED in pamphlet form this 26`" day of April 2013. nud-et Resnludon ?013-14 (1) VILLAGE OF ELK GROVE REVENUE SUMMARY FY2011 FV2012 FY2013 FY2014 Fund # Actual Actual Adjusted Budget Adopted Budget General Fund 101 $ 40,396,028 $ 41,535,623 $ 42,599,915 $ 45,530.120 Emergency Management Fund 202 $ 201,463 $ 144,044 $ 121,270 $ 111,200 Motor Fuel Tax Pond 203 $ 1.032,860 $ 978,757 $ 827,200 $ 782,000 Recycling/Municipal Waste Fund 206 $ 1.001,540 $ 1,052,853 $ 1.723,000 $ 1.005.900 Asset Scizure Fund 207 $ 49.924 $ 14,599 $ 7.100 $ 173,918 Industrial/Commercial Revitalization Fund 208 $ 2.389.171 $ 2,850,239 $ 1625,000 $ 2.420,000 Foreign Fire Insurance Fund 209 $ 95,200 $ 84,436 $ 98;000 $ 117,250 Cable Television Fund 210 $ 411.376 $ 381,174 $ 379,000 $ 404.500 Capital Projects Fund 301 $ 11099,837 $ 436,309 $ 343,500 $ 97,500 Grove Mall Retltvelo ment - TIP 302 $ 989,906 $ 1,087,603 $ 1.000,000 $ 1,120,000 Devori/Rolihvin4 Redevelo ment-TIF 303 $ 594,872 $ 526,587 $ 800,000 S 700,000 Residential Enhancement Fund 304 $ 14.266 $ 3,309 $ 50,000 $ 70,500 Capital Projects- Debt Fund 402 $ 3,256.576 $ 4,351,840 $ 4,109.770 $ 6,295.753 Water and Sewer Fund 501 $ 11.664.337 $ 12.880.751 $ 13,582,325 $ 15.951500 Capital Replacement Fund 601 $ 677.351 $ 588.735 $ 803,381 $ 895.870 Firefighters Pension Fund 721 $ 7,237.862 1 $ 6,856,241 $ 7,550,000 $ 7.736,500 Police Pension Fund 722 $ 8,592.069 $ 5,670,690 $ 8,200,800 $ 8,384,120 Village Total $ 91,704,638 $ 79,443,790 $ 84,820,261 $ 91,796,631 Elk Grove Public Library 204 $ 4.900,695 $ 4,857,514 $ 5,313,765 $ 5,889,680 Total Village and Library $ 96,605,333 $ 84,301,304 $ 90,134,026 $ 97,686,311 VILLAGE OF ELK GROVE EXPENDITURE SUMMARY FY2011 FV2012 FY2013 FV2014 Fund # Actual Actual Adjusted Budget Adopted Budget General Fund 101 $ 39.000.941 S 40.331.980 $ 45,143.868 $ 47.179,206 Emergency Management Fund 202 S 173.318 $ 87.990 $ 1111,989 $ 121.861 Motor Fuel "Fax Fund 203 S 1,007,227 $ 1.026,990 $ 1,075,000 $ 1,111000 Reevehng/Municipal Waste Fund 206 $ 868,548 $ 1,037,879 $ 1,209,200 $ 1245,884 Asset SCI%uN Fund 207 $ 23.788 $ 8,953 $ 33,135 $ 175.929 Industrial/Commercial Revitalization Fund 208 S 2.725.813 $ 3.585,958 $ 5.490.173 $ 5.070,856 Foreign Fire Insurance Fund 209 $ 41367 $ 82990 $ 144,265 $ 334,780 Cable Television Fund 210 $ 406,983 $ 399.135 $ 397,340 $ 416.285 Capital Projects Fund 301 $ 6,948,886 $ 7,054,513 $ 4,056,390 $ 1,147.340 Grove Mall Redevelopment - TIF 302 $ 717.215 $ 709,089 $ 759,000 $ 767,000 Devon/Rohhving Redevelopment - TIF 303 $ 584,588 $ 515,768 $ 800.000 $ 689,180 Residential Enhancement Fund 304 $ 51.765 $ 394,956 $ 557,750 $ 92.750 C41 ital Projects Debt fund 402 $ 3.254,526 $ 4,423,730 $ 4.082.780 S 6,290,792 Water and Sewer Fund 501 $ 10,318.130 $ 10,704,711 $ 59.138.513 $ 17.075,027 Cgpital Replacement Fund 601 $ 492,168 $ 566,390 $ 2,309,352 $ 931.602 Firefighters Pension Fund 721 $ 4,100,929 $ 4,653,753 $ 5,284,000 S 5,284200 1'011ce PCn510a Fund 722 $ 2.839,795 $ 3,244,145 $ 4266,800 $ 4.284,000 Village Total $ 73,555,987 S 78,828,930 $ 134,858,475 S 92,217,692 Elk Grove Public Library 204 $ 4,332,305 $ 4,481,444 $ 5,182,942 $ 5,889.659 Total Village and Library $ 77,888,292 $ 83,310,374 $ 140,041,417 $ 98,107,351