2018-12-03 - Ordinance 2018-054 - ADOPTING FISCAL 2019 BUDGETORDINANCE NO. 2018 - 054
ADOPTING THE FISCAL 2019 (JANUARY 1-DECEMBER 31, 2019) 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 2.08.043 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
and
WHEREAS, the Village of Buffalo Grove fiscal year runs from January 1, 2019 to December 31, 2019;
WHEREAS, the Fiscal Year 2019 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 20, 2018, and
a copy of the FY 2019 Budget was made available to the public; and
WHEREAS, the President and Board of Trustees reviewed and considered the FY 2019 Budget at the
Special Meeting of the President and Board of Trustees of November 13, 2018; and
WHEREAS, pending any final review of changes to, or supplemental reports on, various elements of the
Budget content, the FY 2019 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 2019 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 3, 2018.
,SECTION 2. Upon adoption of the Budget, authority is given to the Village Manager to place the
document in final form for distribution.
AYES: 5 —Berman, Ottenheimer, Weidenfeld Johnson,, µSmith
NAYS: 0 - None
ABSENT: 1 - Stein
PASSED: December 3, 2018.
APPROVED: December 3, 2018.
i ,plfage President'
ATTEST:
Janet�"irabian, Village Clerk