2017-12-04 - Ordinance 2017-053 - ADOPTING FISCAL 2018 BUDGETORDINANCE NO. 2017 - 053
ADOPTING THE FISCAL 2018 (JANUARY 1-13ECEMBER 31, 2018) 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 etseq.,
and Section 2.08.043 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 2.08.043 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, 2018 to December 31, 2018; and
WHEREAS, the Fiscal Year 2018 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 3, 2017, and a copy of the
FY 2018 Budget was made available to the public; and
WHEREAS, the President and Board of Trustees reviewed and considered the FY 2018 Budget at the Special
Meeting of the President and Board of Trustees of November 13, 2017; and
WHEREAS, pending any final review of changes to, or supplemental reports on, various elements of the Budget
content, the FY 2018 Budget 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 2018 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 4, 2017.
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, Stein, Ottenheimer, Weidenfeld, Johnson, Smith
NAYES: 0 — None
ABSENT: 0 - None
PASSED: December 4, 2017.
APPROVED: December 4, 2017.
APPROVED:
Beverly Sussm , illage President
ATTEST:
Janet M. irabian, Village Clerk