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RESOLUTION NO. 12-82 <br />A RESOLUTION AUTHORIZING THE PARTICIPATION OF THE VILLAGE OF <br />ELK GROVE VILLAGE IN THE ILLINOIS DEPARTMENT OF COMMERCE AND <br />COMMUNITY AFFAIRS "LOCAL GOVERNMENT FINANCIAL HEALTH PROGRAM" <br />WHEREAS, most municipal governments in Illinois are faced with growing <br />financial challenges. Reduction in federal aid and continuing inflation have <br />combined to make balancing a municipal budget a difficult task; and <br />WHEREAS, a new automated program of the Illinois Department of Commerce <br />and Community Affairs (DCCA), called "The Local Government Financial Health <br />Program", now makes it possible for Illinois municipalities to have current <br />information on their overall financial trends; and <br />WHEREAS, the program is designed to assist municipal governments in the <br />critical areas of financial planning and decision making by applying the <br />techniques developed by this new program; and <br />WHEREAS, this program is available to Elk Grove Village at no cost to <br />the Village. <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, State of Illinois: <br />Section 1. That the Finance Director of the Village of Elk Grove Village <br />is hereby authorized to participate in the "Local Government Financial Health <br />P rogram". <br />Section 2. That this resolution shall be in full force and effect from <br />and after its passage and approval according to law. <br />PASSED this <br />23rd <br />day <br />of <br />March <br />1982. <br />APPROVED this <br />23rd <br />day <br />of <br />March <br />1982. <br />ATTEST: <br />Fay M. Bishop <br />Village Clerk <br />Charles J. Zettek <br />Village President <br />