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HomeMy WebLinkAboutG68-77 Ordinance No. G68-77 AN ORDINANCE ADOPTING THE 1978 BUDGET IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE WHEREAS, the City Council of the City of Elgin has provided for the preparation and adoption of an annual budget in lieu of passage of an appropriation ordinance for the fiscal year 1978; and WHEREAS, a tentative annual budget has been prepared, notice given and a tentative annual budget made available for inspection for at least ten days; and WHEREAS, the City Council of the City of Elgin, Illinois, has conducted a public hearing on the tentative annual budget; and WHEREAS, the City Council of the City of Elgin, Illinois, has examined said annual budget and has heard all persons appearing and desiring to be heard concerning said annual budget. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That the tentative annual budget heretofore prepared by the budget director and placed on file as required by the statutes of the State of Illinois is hereby adopted in lieu of the passage of an appropria- tion ordinance for fiscal year 1978 with the following amendments: Proposed Amended Increase Budget Budget (Decrease) GENERAL FUND Revenues 6692 Trans. from Rev. Sharing L2221119, $ 834,850 $( 68,600) Expenditures 019 Boards and Commissions 9531 Mall Commission 36,400 25,000 ( 11,400) 970 Capital Additions 13,600 -0- ( 13,600) (Plaza Sound System Impr. @13,600) 076 Public Works - Streets 990 New Construction 250,000 230,000 ( 20,000) (Overhead Sign @20,000 080 Public Property and Recreation 700 Personal Services 295,695 281,900 ( 13,795) 7051 Pensions 57,910 56,055 ( 1,855) eft 706 Insurance 42,500 41,190 ( 1,310) 800 Professional Services 35,275 275 ( 35,000) (Master Plan ESH Park @35,000) Proposed Amended Increase Budget Budget (Decrease) GENERAL FUND (cont) 089 Hemmens Building 740 Repair and Maintenance Supplies 1,050 300 ( 750) (Building Materials less @750) 190 Non-Departmental 710 Office Services 7,010 5,360 ( 1,650) (Maps @1650) 955 Contingencies 916,705 947,465 30,760 $1,656,145 $1,587,545 $ 68,600) FEDERAL REVENUE SHARING Expenditures 9141 Transfer to General Fund $ 903,450 $ 834,850 $( 68,600) 955 Contingencies 4,915 73,515 68,600 $ 908,365 $ 908,365 $ -0- Section 2. That the budget director is hereby authorized and directed to cause to be prepared and published the 1978 annual budget with the aforementioned amendments. Section 3. That this ordinance shall be in full force and effect from and after January 1, 1978. s/ Richard L . Verbic Richard L. Verbic, Mayor Presented: December 28, 1977 Passed: December 1577 Vote: Yeas 7 Nays 0 Recorded: Published: Attest: s ` Marie Yearman Marie Yearman, City Clerk