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2007-1216 . I . . 0 RESOLUTION NO. 2007 - 12 WHEREAS, the Fiscal Year 2007 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, the review and consideration of the document occurred at the Regular Meeting of the President and Board of Trustees of March 5, 2007; and WHEREAS, this Budget is intended to serve only as a transition document and fiscal performance measure for the period May 1, 2007 through December 31, 2007 in order to allow the Village to adopt a calendar fiscal year budget beginning January 1, 2008; and WHEREAS, pending any final review of changes to, or supplemental reports on, various elements of the Budget content, the document can be considered for adoption. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that: SECTION 1. The FY 2007 Budget of the Village of Buffalo Grove be adopted after considen*n of any changes and reports as requested by the President and Board of Trustees up to and through March 19, 2007. 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 — Braiman, Glover, Berman, Kahn, Trilling, Rubin NAYES: 0 — None ABSENT: 0 — None PASSED: March 19 .2007. APPROVED: March 19 2007. �� Village President ATTEST: Villag Jerk