Loading...
2015-12-07 - Ordinance 2015-073 - ADOPTING FISCAL 2016 BUDGET ORDINANCE NO.2015-73 ADOPTING THE FISCAL.2016(JANUARY 1-DECEMBER 31,2016)BUDGET FOR THE VILLAGE OF BUFFALO GROVE WHEREAS,in accordance with Section 8-2-9.1 et.Seq. of the Illinois Municipal Code,65 ILCS 5/8-2-9.1 et seq., and Section 2, Chapter 8 of the Village of Buffalo Grove Municipal Code,the President and Board of Trustees of the Village of Buffalo Grove have adopted the budget officer system;and WHEREAS, pursuant to Section 8-2-9.4 of the Illinois Municipal Code,65 ILCS 5/8-2-9.4 and Section 2 of the Village Code,the Village is required to adopt an annual budget;and WHEREAS,the Village of Buffalo Grove fiscal year runs from January 1,2016 to December 31,2016;and WHEREAS,the Fiscal Year 2016 Budget has been prepared and submitted for the review and consideration by the President and Board of Trustees of the Village of Buffalo Grove;and WHEREAS,a notice of Public Hearing was published in the Daily Herald on November 9,2015,and a copy of the budget was made available to the public;and WHEREAS,the public hearing was conducted and the review and consideration of the document occurred at the Regular Meeting of the President and Board of Trustees of November 16, 2015;and WHEREAS,pending any final review of changes to,or supplemental reports on,various elements of the Budget content,the document can be considered for adoption. NOW,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. The FY 2016 Budget of the Village of Buffalo Grove be approved after consideration of any changes and reports as requested by the President and Board of Trustees up to and through December 7, 2015. SECTION 2. Upon adoption of the Budget,authority is given to the Village Manager to place the document in final form for distribution. AYES: 6—Berman Trilling,Stein,Ottenheimer,Weidenfeld,Johnson NAYES: 0-None ABSENT: 0-None PASSED: December 7,2015. APPROVED: December 7, 2015. Beverly Sussma illage President ATTEST: r Janet k Sirabian,Village Clerk