2016-12-05 - Ordinance 2016-062 - ADOPTING THE FISCAL 2017 BUDGET ORDINANCE NO.2M16-062
ADOPTING THE FISCAL 2017(JANUARY I-DECEMBER 31,2017) BUDGET FOR THE VILLAGE OF BUFFALO
GROVE
WHEREAS, in accordance with Section 8-2-A.1etSeq of the Illinois Municipal Code,65 |LC5G/8-2-9.1et
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 A-2-9.4of the Illinois Municipal Code,65|L[55/8-2-94and Section 2ofthe
Village Code,the Village ia required to adopt an annual budget;and
WHEREAS,the Village of Buffalo Grove fiscal year runs from January 1, 2017 to December 31, 2017;and
WHEREAS,the Fiscal Year 2017 Budget has been prepared and submitted forthe review and consideration
6y 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 14,2016,and a copy
of the budget was made available to the public;and
WHEREAS, the President and Board of Trustees reviewed and considered the document at the Special
Meeting of the President and Board mf Trustees of November 14, ZOI6;and
WHEREAS, pending any final review ofchanges to,or supplemental reports on,various elements ofthe
Budget content,the document can be considered for adoption.
NOW,THEREFORE, BE |T ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that:
SECTION I. The FY 2017 Budget of the Village of Buffalo Grove be approved after consideration of any
changes and reports as requested bythe President and Board of Trustees up to and through December 5,
2016.
SECJlON2. Upon adoption of the Budget,authority is given to the Village Manager to place the document
in final form for distribution.
AYES:
NAYES: { - None
ABSENT: ] -1Berman
PASSED: December 5, 2016,
APPROVED: December 5, 2016.
APPROV�D
ATTEST: