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2024-12-02 - Ordinance 2024-0125 - ADOPTING THE FISCAL 2025 (JANUARY 1-DECEMBER 31, 2025) BUDGET FOR THE VILLAGE OF BUFFALO GROVE i �� �i_ ORDINANCE 2024-0125 BUFFAL�J ADOPTING THE FISCAL 2025 (JANUARY 1- DECEMBER 31, 2025) BUDGET FOR THE G�V� VILLAGE OF BUFFALO GROVE WHEREAS the Village of Buffalo Grove is a home rule unit pursuant to the Illinois Constitution of 1970; and 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 ofTrustees ofthe 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 S/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 l, 2025 to December 31,2025; and WHEREAS the Fiscal Year 2025 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 17, 2024, and a copy of the FY 2025 Budget was made available to the public; and WHEREAS the President and Board of Trustees reviewed and considered the FY 2025 Budget at a Special Meeting of the President and Board of Trustees of November 18, 2024; and WHEREAS pending any final review of changes to, or supplemental reports on, various elements of the Budget content, the FY 2025 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, as follows: SECTION 1. The foregoing recitals are hereby adopted and incorporated and made a part of this Ordinance as if fully set forth herein. Page 1 of 2 smart.with heart. 50 Raupp Blvd, Buffalo Grove, IL 60089 � 847-459-2500/ vbg.org SECTION 2. The FY 2025 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, 2024. SECTION 3. Upon adoption of the Budget, authority is given to the Village Manager to place the document in final form for distribution. SECTION 4. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity thereof shall not affect any other provision of this Ordinance. SECTION 5. This Ordinance shall be in full force and effect from and after its passage and approval and shall not be codified. AYES: 6-Johnson. Cesario. Ottenheimer. Stein Bocek Weidenfeld NAYES: 0- None ABSENT: 0- None PASSED: December 2. 2024 APPROVED: December 2. 2024 PUBLISHED: December 4. 2024 - ATTEST: APPROVED: Y}�_ �1�n�, - Janet . irabian, Village Clerk Eric N. Sm ,Village President _ _ = ` _r _= : Page 2 of 2 smart.with heart. 50 Raupp Blvd, Buffalo Grove, IL 60089 '� 847-459-2500/ vbg.org