HomeMy WebLinkAboutRESOLUTION - 19-11 - 4/26/2011 - 2011/2012 BUDGETRESOLUTION NO. 19-11
A RESOLUTION ADOPTING THE FISCAL YEAR 2011/12 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
2011/12 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 2011/12 Village Budget dated April 26, 2011 in the total
amount of $86,545,780 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hereby repealed.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 26th day of April 2011.
APPROVED this 26th day of April 2011.
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
GP.CINI)F.CUMVCLGRI.`RPSULUPVBudget Re,olution 2011-I2.dou
VILLAGE OF ELK GROVE
EXPENDITURE SUMMARY
FY2012
FY2009
FY2010
FY2011
FY2012
Fund #
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
$
41,399,911
$
40,048,516
$
42,175,475
$
42,656,800
Emergency Management Fund
202
$
92,516
$
102,874
$
205,849
$
121,121
Motor Fuel Tax Fund
203
$
957,254
$
1,080,211
$
1,074,839
$
894,887
Recycling/Munici al Waste Fund
206
$
855,702
$
817,979
$
853,218
$
912,630
Asset Seizure Fund
207
$
55,641
$
90,276
$
82,535
$
32,535
Industrial/Commercial Revitalization Fund
208
$
2,934,226
$
2,499,311
$
9,714,714
$
4,114,663
Foreign Fire Insurance Fund
209
$
309,166
$
131,440
$
105,055
$
107,140
Cable Television Fund
210
$
490,573
$
379,461
$
408,105
$
395,394
Legal Defense Trust Fund
211
$
1,897,465
$
19,792
$
-
$
-
Capital Projects Fund
301
$
22,673,346
$
1,707,342
$
14,754,876
$
1,030,000
Grove Mall Redevelopment - TIF
302
$
618,808
$
2,005,488
$
636,220
$
717,000
Devon/Rohhving Redevelopment - TIF
303
$
900,961
$
799,230
$
915,000
$
800,000
Residential Enhancement Fund
304
$
172,247
$
347,211
$
950,000
$
942,750
Capital Projects Debt Fund
402
$
3,557,190
$
3,250,516
$
3,256,430
$
4,424,935
Water and Sewer Fund
501
$
9,874,114
$
10,164,938
$
17,932,229
$
14,758,302
Capital Replacement Fund
601
$
465,483
$
504,845
$
864,807
$
1,367,000
Firefighters Pension Fund
721
$
3,360,830
$
3,466,374
$
4,731,300
$
4,781,000
Police Pension Fund
722
$
2,330,043
$
2,593,631
$
3,267,000
$
3,267,000
Village Total
$
92,945,476
$
70,009,435
$
101,927,652
$
81,323,157
Elk Grove Public Library
204
$
4,608,400
$
4,086,740
$
5,009,951
$
5,222,623
Total Village and Library
$
97,553,876
$
74,096,175
$
106,937,603
$
86,545,780
VILLAGE OF ELK GROVE
REVENUE SUMMARY
FY2012
FY2009
FY2010
FY2011
FY2012
Fund #
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
$
39,478,802
$
37,698,903
$
38,407,060
$
39,606,595
Emergency Management Fund
202
$
97,713
$
114,945
$
136,370
$
132,090
Motor Fuel Tax Fund
203
$
928,023
$
877,789
$
898,320
$
870,500
Recycling/Municipal Waste Fund
206
$
976,435
$
978,678
$
984,000
$
1,018,000
Asset Seizure Fund
207
$
51,984
$
90,223
$
76,200
$
12,450
Industrial/Commercial Revitalization Fund
208
$
3,548,783
$
2,389,163
$
3,040,000
$
2,402,500
Foreign Fire Insurance Fund
209
$
124,363
$
96,291
$
115,000
$
95,000
Cable Television Fund
210
$
347,730
$
332,620
$
345,500
$
355,500
Legal Defense Trust Fund
211
$
923,363
$
-
$
-
$
-
Capital Projects Fund
301
$
548,871
$
157,351
$
363,500
$
373,500
Grove Mall Redevelopment - TIF
302
$
1,001,110
$
1,053,529
$
1,000,000
$
1,000,000
Devon/Rohlwing Redevelopment - TIE
303
$
908,605
$
809,006
$
910,000
$
800,000
Residential Enhancement Fund
304
$
185,667
$
17,686
$
25,000
$
20,000
Capital Projects Debt Fund
402
$
3,582,177
$
3,215,101
$
3,303,430
$
4,456,940
Water and Sewer Fund
501
$
9,910,058
$
10,611,508
$
12,510,420
$
13,216,500
Capital Replacement Fund
601
$
706,588
$
669,599
$
783,370
$
670,289
Firefighters Pension Fund
721
$
(2,345,339)
$
7,758,628
$
5,472,200
$
6,263,030
Police Pension Fund
722
$
(1,273,620)
$
7,510,207
$
5,368,200
$
6,058,880
Village Total
$
59,701,313
$
74,381,227
$
73,738,570
$
77,351,774
Elk Grove Public Library
204
$
4,353,024
$
4,458,057
$
5,124,480
$
5,373,495
Total Village and Library
$
64,054,337
$
78,839,284
$
78,863,050
$
82,725,269