HomeMy WebLinkAboutRESOLUTION - 17-05 - 4/12/2005 - 2005/06 BUDGETRESOLUTION NO. 17-05
A RESOLUTION ADOPTING THE 2005/06 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
2005/06 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 2005/06 Village Budget dated April 12, 2005 in the total amount of
$74,344,166, as indicated in the attached Revenue and Expenditure Summary Comparisons, is
hereby adopted.
Section 2: That all resolutions or paths 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hereby repealed.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
passage, approval and publication according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 12`h day of April 2005
APPROVED this 12`h day of April 2005
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Ann I. Walsh, Village Clerk
PUBLISHED this 15`h day of April 2005 in pamphlet form.
Res_ BudgetResolution2005_06
VILLAGE OF ELK GROVE VILLAGE
SUMMARY OF HISTORICAL REVENUES
ALL FUNDS
FY2003
FY2004
FY2005
FY2006
Fund #
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
$
26,342,189
$
29,076,406
$
31,939,118
$
34,566,658
1MRF/FICA Fund
201
$
904,653
$
794,805
$
-
$
-
Emergency Management Fund
202
$
59,794
$
47,532
$
104,525
$
61,632
Motor Fuel Tax Fund
203
$
1,031,921
$
1,004,231
$
1,052,300
$
1,025,350
Municipal Purpose Fund
205
$
1,509
$
706
$
1,000
$
1,000
Recycling/Municipal Waste Fund
206
$
1,161,687
$
966,165
$
966,650
$
977,250
Asset Seizure Fund
207
$
3,849
$
19,878
$
1,000
$
1,500
Industrial/Commercial Revitalization Fund
208
$
2,132,968
$
3,901,119
$
2,021,000
$
2,025,000
Foreign Fire Insurance Fund
209
$
93,744
$
104,331
$
112,000
$
111,000
Cable Television Fund
210
$
308,228
$
326,678
$
260,700
$
271,300
Legal Defense Trust Fund
211
$
-
S
1,415,000
$
-
$
-
Capital Projects Fund
301
$
9,874,246
S
1,258,754
$
1,185,592
$
100,000
Grove Mall Redevelopment - TIF
302
$
840,916
$
839,460
$
855,100
$
850,000
Devo Mohlwing Redevelopment - TIF
303
$
123,983
$
132,166
$
50,050
$
50,000
Residential Enhancement Fund
304
$
484,454
$
17,705
$
40,000
$
20,000
Capital Projects Debt Fund
402
$
3,215,972
$
10,315,253
$
3,339,141
$
2,823,571
Water and Sewer Fund
501
$
8,409,328
$
7,779,195
S
8,303,050
$
7,920,380
Capita[ Replacement Fund
601
$
418,058
$
357,563
$
419,011
$
475,945
Firefighters Pension Fund
721
$
1,345,240
$
4,824,829
$
3,442,109
$
3,563,065
Police Pension Fund
722
$
1,792,281
$
4,148,628
$
3,535,224
$
3,620,900
village Total
S
58,545,020
$
67,330 404
$
57,627,570
S
58,464,551
Elk Grove Public Library
204
$
3,300,993
S
3,536,470
$
3,707,800
S
4,150,315
Total Village and librar
$
61,646 013
$
70,866,874
S
61,335,370
$
62,614 866
VILLAGE OF ELK GROVE VILLAGE
SUMMARY OF HISTORICAL EXPENDITURES
ALL FUNDS
FY2003
FY2004
FY2005
FY2006
Fund #
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
$
28,375,085
$
30,229,335
$ 33,126,945
$
34,599,041
IMRF/FICA Fund
201
$
857,252
S
772,110
$ -
$
-
Emergency Management Fund
202
$
56,410
$
50,629
$ 116,513
$
77,444
Motor Fuel Tax Fund
203
$
1,152,574
$
1,413,587
$ 1,633,328
S
1,423,879
Municipal Purpose Fund
205
$
-
$
-
$ 40,000
$
50,000
Recycling/Municipal Waste Fund
206
$
727,872
$
892,575
$ 877,899
$
857,650
Asset Seizure Fund
207
$
4,443
S
17,031
S 25,279
$
14,204
Indusuial/Commorcial Revitalization Fund
208
$
1,944,838
S
3,286,664
$ 9,545,953
$
8,632,248
Foreign Fire Insurance Fund
209
$
24,457
$
12,282
$ 93,900
$
50,395
Cable Television Fund
210
$
161,260
$
225,386
$ 250,371
$
253,968
Legal Defense Trust Fund
211
$
-
$
2,424,117
$ 3,300,000
$
2,500,000
Capital Projects Fund
301
$
649,422
$
1,596,751
$ 5,045,141
$
727,475
Grove Mall Redevelopment - TIF
302
$
263,652
$
329,480
$ 2,000
S
332,000
Devon/Roblwing Redevelopment - TIF
303
$
306,622
$
62,278
S 25,000
$
350,000
Residential Enhancement Fund
304
$
7,145,363
$
1,250,154
$ 335,000
$
327,500
Capital Projects Debt Fund
402
$
2,844,457
$
10,582,362
$ 3,311,087
$
2,799,370
Water and Sewer Fund
501
$
9,215,898
$
9,135,460
$ 10,787,419
$
11,431,824
Capital Replacement Fund
601
$
912,626
$
503,388
$ 879,600
$
929,000
Firefighters Pension Fund
721
S
2,131,628
$
2,359,517
$ 3,287,765
$
3,224,400
Police Pension Fund
722
$
1,222,503
$
1,427,977
$ 1,920,482
S
1,823,950
Village Total
S
57,996,362
S
66 571,083
S 74,603,682
$
70 404,348
Elk Grove Public Library
204
$
3,571,374
S
3,432,301
$ 3,764,516
S
3,939 818
Total Village and Ubrar
$
61 567 736
S
70 003 384
$ 78,368,198
S
74,344,166