2019-12-02 - Ordinance 2019-078 - ADOPTING FISCAL 2020 BUDGET ORDINANCE NO.2019-078
ADOPTING THE FISCAL 2020 JANUARY 1-DECEMBER 31 2020 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 1,2020 to December 31,2020;
and
WHEREAS, the Fiscal Year 2020 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 October 18,2019,and a
copy of the FY 2020 Budget was made available to the public; and
WHEREAS,the President and Board of Trustees reviewed and considered the FY 2020 Budget at the
Special Meeting of the President and Board of Trustees of November 18, 2019; and
WHEREAS, pending any final review of changes to, or supplemental reports on,various elements of
the Budget content,the FY 2020 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 2020 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 2, 2019.
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—Ottenheimer.Weidenfeld, Johnson, Smith, Pike
NAYES: 1 -Stein
ABSENT: 0 - None
PASSED: December 2, 2019
APPROVED: December 2, 2019
APPROVED:
t �"' j" I,'.")
everly Sussm if
illage President
ATTEST:
Janet rabian,'Village Clerk