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HomeMy WebLinkAboutT2-84 (2) Ordinance No. T2-84 AN ORDINANCE AMENDING THE 1983 BUDGET ORDINANCE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That the 1983 budget of the City of Elgin adopted in lieu of an appropriation ordinance be and is hereby amended in accordance with the following schedule: CITY OF ELGIN 1983 BUDGET AMENDMENTS APPROVED AMENDED 1983 1983 INCREASE FUND AND DEPARTMENT BUDGET BUDGET (DECREASE) 330 - Spring St. Parking Construction Expenditures: 912 Transfer for Financing (Debt) $ - $300,000 $ 300,000 990 New Construction 380,000 80,000 (300,000) $380,000 $380,000 $ - 455 - Spring St. Parking Oper. Fund Means of Financing: - 662 Transfer for Financing (Debt) $ $300,000 $ 300,000 6641 Transfer From SSA II (Debt) 264,170 39,025 (225,145) 698 To Be Provided Other Sources 74,855 - (74,855) $339,025 $339,025 $ - 630 - Risk Management Fund Means of Financing: 6505 Insurance Charges - Medical $634,865 $738,330 $ 103,465 6506 Insurance Charges - Life 16,575 20,665 4,090 6507 Insurance Charges - Unemploy. - 40,640 40,640 $651,440 $799,635 $ 148,195 Expenditures: 871 Medical Insurance $ 70,745 $174,210 $ 103,465 872 Life Insurance 16,595 20,685 4,090 873 Unemployment Insurance - 40,640 40,640 $ 87,340 $235,535 $ 148,195 Section 2. That this ordinance shall be in full force and effect from and after its passage. rft • Richard L. Verbic, Mayor Presented: May 14, 1984 Passed: May 14, 1984 Vote: Yeas 7 Nays 0 Recorded: Published: Attest: s/ Marie Yearman Marie Yearman, City Clerk .4144)