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O-08-04VILLAGE OF DEERFIELD LAKE AND COOK COUNTIES, ILLINOIS ORDINANCE NO. 0 -08 -04 AN ORDINANCE AMENDING AND REVISING THE ANNUAL BUDGET OF THE VILLAGE OF DEERFIELD FOR THE FISCAL YEAR BEGINNING MAY 1, 2007 AND ENDING APRIL 30, 2008 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, this 4th day of February , 2008. Published in pamphlet form by authority of the President and Board of Trustees of the Village of Deerfield, Lake and Cook Counties, Illinois, this 4th day of Februarv, 2008 VILLAGE OF DEERFIELD LAKE AND COOK COUNTIES, ILLINOIS ORDINANCE NO. 0 -08 -04 AN ORDINANCE AMENDING AND REVISING THE ANNUAL BUDGET OF THE VILLAGE OF DEERFIELD FOR THE FISCAL YEAR BEGINNING MAY 1, 2007 AND ENDING APRIL 30, 2008 WHEREAS, the corporate authorities of the Village of Deerfield adopted an annual budget for the fiscal year that commenced on May 1, 2007 and that will end on April 30, 2008; and, WHEREAS, the Budget Officer has recommended that an amendment be made to the annual budget of the Village of Deerfield for the fiscal year beginning May 1, 2007 and ending April 30, 2008, revising certain Fund budgets by adding funds to certain line items as shown in the Budget Amendment attached hereto as Exhibit A; and, WHEREAS, the President and Board of Trustees of the Village of Deerfield have determined that funds are available to effectuate this revision to the annual budget for the fiscal year beginning May 1, 2007 and ending April 30, 2008 as shown in the attached Budget Amendment; and, WHEREAS, the President and Board of Trustees of the Village of Deerfield have determined that it is in the best interests of the Village of Deerfield that the annual budget for the fiscal year beginning May 1, 2007 and ending April 30, 2008 be revised as shown on the Budget Amendment attached hereto as Exhibit A; NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, in the exercise of its home rule powers, as follows: SECTION 1: That the annual budget for the Village of Deerfield for the fiscal year beginning May 1, 2007 and ending April 30, 2008 be and the same is hereby revised and amended as provided in the Budget Amendment attached hereto as Exhibit A. SECTION 2: This Ordinance, and each of its terms, shall be the effective legislative act of a home rule municipality without regard to whether such Ordinance should: (a) contain terms contrary to the provisions of current or subsequent non - preemptive state law; or, (b) legislate in a manner or regarding a matter not delegated to municipalities by state law. It is the intent of the corporate authorities of the Village of Deerfield that to the extent that the terms of this Ordinance should be inconsistent with any non - preemptive state law, this Ordinance shall supersede state law in that regard within its jurisdiction. SECTION 3: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form as provided by law. PASSED this 4th day of February , 2008. AYES: Benton, Feldman, NAYS: None (0) ABSENT: Rosenthal, Strutl ABSTAIN: None APPROVED this 4th day of ATTEST: V' age Clerk Ordinance 0 -08 -04 Exhibit A Budget Amendment #1— FY 2007/08 Increase appropriations in the following, fund and account: Water Fund (Main Maintenance): Account 502050 -5920, Water System Improvements $2,000,000 Decrease appropriations in the following fund and account: Infrastructure Replacement Fund Account 222082 -5910, Street Improvement - 2,000,000 Decrease amount in the following revenue account: Infrastructure Maintenance Fund Account 220001 -4910, Transfer In - 2,000,000 Increase amount in the following revenue account: Water Fund Account 500001 -4910, Transfer In 2,000,000