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HomeMy WebLinkAboutO-75-16r ORDINANCE NO. 0 -75- 16 AN ORDINANCE REVISING AND SUPPLEMENTING THE ANNUAL BUDGET FOR THE VILLAGE OF DEERFIELD FOR THE FISCAL YEAR MAY 1, 1974 TO APRIL 30, 1975 WHEREAS, by Ordinance No. 0- 74 -26, adopted on April 29, 1974, the President and Board of Trustees of the Village of Deerfield did adopt an Annual Budget for the fiscal year from May 1, 1974 to April 30, 1975; and WHEREAS, by Ordinance No. 0- 74 -27, adopted on April 29, 1974, the President and Board of Trustees levied taxes for corporate purposes for the fiscal year from May 1, 1974 to-April 30, 1975; and WHEREAS, the President and Board of Trustees did authorize the installation of a certain sanitary sewer along Lake -Cook Road to serve certain properties within the Village; and WHEREAS, the above- described installation creates the need for additional expenditures by the Village which were not provided for in the said Annual Budget; and WHEREAS, it, therefore, becomes necessary to revise and supple- ment said Annual Budget to provide for expenditures in addition to those provided for in said Annual Budget. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, AS FOLLOWS: SECTION That that portion of the Annual Budget for the ONE: Village of Deerfield for the fiscal year beginning May 1, 1974, and ending April 30, 1975, pertaining to revenues and expenditures of Federal Revenue Sharing funds is 'hereby revised and supplemented by substituting the attached Budget Summary and Account pages in lieu of the corresponding pages in the Annual Budget heretofore adopted, in accordance with the revised Revenue and Expenditures sheets of said Budget which are attached hereto and made a part of this Ordinance. r SECTION That this Ordinance shall be in full force and TWO: effect from and after its passage and approval as provided by law. AYES: Gavin, Kelm, Moate, Moses, Stiehr (5) NAYS: None (0) ABSENT: None (0) PASSED this 21st day of April A.D., 1975. APPROVED this 21st day of April , A.D., 1975. ATTEST: VILLAGE CLERK VILLAGE PRESID T ' PROPOSED AMENDED 1974/75 FEDERAL REVENUE SHARING BUDGET State and Local Assistance Act of 1972 Authorized Use of Funds 1. Ordinary and necessary maintenance and operating expenses for: A. Public Safety (including law enforcement fire protection and building code enforcement] B. Environmental protection (including sewage disposal, sanitation, and pollution abatement) C: Public transportation (including transit systems and street and roads) D. Health E. Recreation F. Libraries G. Social services for the poor or aged H. Financial administration 2. Ordinary and necessary capital expenditures authorized by law. 1974 -75 1975-76 1976 -77 Projected Balance 5/1/74 $ 79,500 Unobligated Estimated Receipts 71,000 $ ?4,000 $ 56,000 Projected Expenditures. .70,00.0* *Replacement and repair of the Lake Cook Briar4vood Vista sanitary sewer. None of these funds have been committed by Board Action. The Board has directed the thinking of the staff toward utilizing these funds for a portion of the purchase of land known as "the brickyards" or for expansion of space for the Police Depart- ment. The Village has to this point spent or obligated the following ;: evenue Sharing funds: 1. Right -of -way acquisition for Park Avenue Relocation -- $56,376 2. Contribution toward the purchase of a trauma unit by the Deerfield- Bannockburn Fire Prevention District -- $15,000 Section 11 - Page 1