HomeMy WebLinkAboutRESOLUTION - 16-14 - 4/22/2014 - FISCAL YEAR 2014-15 BUDGETRESOLUTION NO. 16-14
A RESOLUTION ADOPTING THE FISCAL YEAR 2014-15 BUDGET FOR THE
VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
WHEREAS, a budget has been prepared and reviewed to provide Village services for the
2014-15 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 2014-15 Village Budget dated April 22, 2014 in the total
amount of $115,705,294 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hereby repealed.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 22"d day of April 2014.
APPROVED this 22nd day of April 2014.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
Budget Resolution 2014-15
VILLAGE OF ELK GROVE
EXPENDITURE SUMMARY
FY2012
FY2013
FY2014
FY2015
Fund H
Actual
Actual
Ad'usted Bud et
Adopted Budget
General Flood
101
$
39.392,526
$
43,387,195
$
48,891,061
$
57,219,352
Emergence Management Fund
202
$
87,990
$
61,764
$
121,861
$
123,967
Motor Fuel Tax Fund
203
$
1026,990
$
812,713
$
1,345.662
$
1,204,000
Recycling/Municipal Waste Fund
206
$
1,037,879
$
1,194,207
$
1,898.994
$
1,914.179
Asset Seizure Fund
207
$
8,953
$
9,233
$
180,871
$
16,895
Industrial/Conunercial Revitalization Fund
208
$
3.585.958
$
2,823,494
$
5,650,809
$
3,708,680
Foreign Fire Insurance Fund
209
$
82,990
$
78,104
$
367,780
$
295.030
Cable Television Fund
210
$
399,135
$
378,206
$
416,285
$
483,683
Capital Projects Fund
301
$
7.054.513
$
1,166832
$
7,117,074
$
3,618,400
Grove Mall Redevelopment - TIF
302
$
709,089
$
723,716
$
767.000
$
767,000
Devon/Rohlxving Redevelopment - TIF
303
$
515.768
$
620.146
$
689.180
$
690,000
Residential Enhancement Fund
304
$
394,956
$
78.537
$
343,437
$
1,167.750
Busse/Elmhmst Redevelopment - TIF
305
$
-
$
-
$
-
$
1,415.000
Capital Projects Debt Fund
402
$
4,423,730
$
37,862,579
$
6.290,792
$
6,300,120
Water and Sewer Fund
501
$
10,704,711
$
13,019,910
$
60,913,070
$
19,088,622
Capital Replacement Fund
601
$
566.390
$
508.598
$
1,277,577
$
1,682,000
Firefighters Pension Fund
721
$
4.653.753
$
4,915,263
$
5.284,200
$
5.629.200
Police Pension Fund
722
$
3.244,145
$
3.601 318
$
4.284,000
$
4,629,000
Village Total
S
77,889,476
S
111,241,815
$
145,839,653
$
109,952,878
Elk Grove Public Library
204
$
4.481,444
$
5,182,942
$
5889,659
$
5,752,416
Total Village and Library
S
82,370,920
$
116,424,757
$
151,729,312
1 $
115,705,294
VILLAGE OF ELK GROVE
REVENUE SUMMARY
FY2012
FY2013
FY2014
FY2015
Fund H
Actual
Actual
Adjusted Budget
Adopted Budget
General Fund
101
$
41,535.623
$
44,667,368
$
45,530,120
$
52,936,745
Emergency Management Fund
202
$
144,044
$
126.233
$
111,200
$
110.450
Motor Fuel Tax Fund
203
$
978.757
$
941.943
$
782,000
$
' 1,704,000
Recveling/Munici al Waste Fund
206
$
1,052,853
$
1,568,780
$
1,005,900
$
970.000
Asset Seizure Fund
207
S
14,599
$
5.999
$
173,918
$
300
Industrial/Commercial Revitalization Fund
208
S
2,850,239
$
2,793,283
$
2,420,000
$
2,410,000
Foreign Fire Insurance Fund
209
$
84,436
$
114.309
$
117,250
$
116.750
Cable Television Fund
210
$
381.174
$
406,637
$
404,500
$
405,000
Capital Projects Fund
301
$
436.309
$
2,843,544
$
97,500
$
3,675,000
Grove Mall Redeveloment - TIF
302
$
1,087,603
$
1,110,419
$
1,120,000
$
1,150,000
Devon/Rolilwing Redevelopment - TIF
303
S
526.587
$
631,829
$
700,000
$
700,000
Residential Enhancement Fund
304
$
3,309
$
62,820
$
70,500
$
825,500
Busse/Elmhurst Redevelopment - TIF
305
$
-
$
-
S
-
$
15,000
Capital Projects Debt Fund
402
$
4,351,840
$
37,852,217
$
6,295,753
$
6.340,000
Water and Sewer Fund
501
$
12,880,751
S
15,556,680
$
15,951,500
$
18604,000
Capital Replacement Fund
601
$
588,735
S
769,237
$
895.870
$
1,017,173
Firefighters Pension Fund
721
S
6,856.241
$
8.075.228
$
7,736,500
$
9,353,088
Police Pension Fund
722
$
5,670,690
$
7,908,313
$
8,384,120
$
9,600,758
Village Total
S
79,443,790
S
125,434,839
S
91,796,631
51
109,933,764
Elk Grove Public Library
204
$
4,857,514
$
5,313,765
$
5,889,680
$
5,758,903
Total Village and Library
S
84,301,304
1 $
1309748,604
S
97,686,311
1 S
115,692,667