2015-11-02 - Ordinance 2015-061 - ADDING SECTION 2.08.043, BUDGET OFFICER ORDINANCE NO. 2015-61
AN ORDINANCE ADDING SECTION 2'08.043, BUDGET OFFICER,
TO THE VILLAGE OF BUFFALO GROVE MUNICIPAL CODE
WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the
Illinois Constitution ofl97O; and
WHEREAS, the Village of Buffalo Grove has the option of operating under the
appropriations method of finances or the budget officer method; and
WHEREAS, staff believes the budget method of finances provides more
transparency in the budget process and improves the quality of financial reporting; and
WHEREAS, to operate under the budget method of finances a budget officer
must be appointed as outlined in 65 |LCS5/8-2-9.1.
NON , THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS
that:
Section 1. Section 2.00.043, Budget Officer, is hereby added to the Village of Buffalo
Grove Municipal Code to read as follows:
2.08.043 Budget Officer
A. Creation; Appointment. There is created the office of Budget Officer. The Budget
Officer shall be appointed by the Village Manager, who may appoint himself or herself,
o/any other officer or employee of the Village,to fill that office.
B. Bond. Before entering upon the duties of the office of Budget Officer, the Budget
Officer shall take an oath of office and shall execute and file with the Village Treasurer a
bond with security in the penal sum of $10,000.00. The bond shall be payable to
the Village, and shall be conditioned upon the faithful performance of the duties
of the office of Budget Officer, according to |avv and the ordinances of the Village. The
premiums for such bond shall be paid by the Village.
C. Compensation. The Budget Officer shall serve without compensation.
D. Powers and Duties. The Budget Officer shall have the powers and duties provided
for in Sections 8-2-8.2 and 8'2'9.3 of the Illinois Municipal [ode. and shall be
responsible for compiling an annual budget in accordance with Section 8-2-9.3 of the
Illinois Municipal Code
Section 2. Subsection K. of Section 2.08.040, Duties, is hereby amended to read as
follows:
2.08.040 Duties
K. Prepare a budget report indicating the funds necessary to defray the estimated
expenses of the Village for the fiscal year; prepare the annual budget in time for
consideration and enactment by the Corporate Authorities as required by statute; and
prepare the annual tax levy;
Section 3. This ordinance shall be in full force and effect from and after its passage as of
November 2, 2015. This ordinance may be published in pamphlet form.
AYES: 6—Berman,Trilling, Stein, Ottenheimer, Weidenfeld,Johnson
NAYES: 0- None
ABSENT: 0- None
PASSED: November 2, 2015.
APPROVED: November 2, 2015.
PUBLISHED: Nove,ber 3, 2015.
APPROVED:
j1k&-jAj -
lonq rip"
—-
Beverly Suss n village President
ATTEST:
Janet Sira6ian,Village Clerk
2