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HomeMy WebLinkAbout090-R-1711 /20/2017 90-R-17 A RESOLUTION Authorizing the City of Evanston City Manager to Increase the Total Fiscal Year 2017 Budget by $14,965,532, to a New Total of $323,732,986 WHEREAS, a total budget amendment for fourteen million, nine hundred sixty-five thousand, five hundred thirty two ($14,965,532) is required due to the following items: Southwest II TIF 310 513,865 85,802 599,667 Debt Service 320 14,431,137 9,225,000 23,656,137 Dempster -Dodge TIF 340 40,000 2,004,000 2,044,000 Chicago -Main TIF 345 60,000 3,580,000 3,640,000 Special Service Area #6 350 220,000 70,730 290,730 Capital Improvement 415 30,508,512 (1,377,730) 29,130,782 Crown Capital Fund 416 - 1,377,730 1,377,730 ... Total All Funds $ . "'":. 45,773,514 " __ ._, ....... .$ 14,965,532 $_,, ..,�,. . _. __ , _ 60,739,046 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That the Council authorize the Fiscal Year 2017 budget be increased from three hundred and eight million, seven hundred sixty-seven thousand, four hundred fifty four dollars ($308,767,454) to three hundred twenty three million, seven hundred thirty two thousand, nine hundred eight -six dollars ($323,732,986) as summarized in the document attached hereto and incorporated herein as Exhibit A. SECTION 3: That approval of this resolution shall authorize the City Manager to expend and/or encumber up to three hundred twenty three million, seven hundred thirty two thousand, nine hundred eight -six dollars ($323,732,986) for Fiscal Year 2017 for all Funds. SECTION 4: That this Resolution shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. SECTION 3: That this Resolution 90-R-17 shall be in full force and effect from and after its passage and approval in the manner provided by law. AttesnReid, DevonClerk Adopted:.u9YI 11 , 2017 W W.W. jrmve" .._.. -0-101d'.6- .,* Exhibit A 12/6/2017 General 100 118,686,191 118,686,191 General Assistance 175 1,178,971 1,178,971 Human Services 176 859,153 859,153 Good Neighbor Fund 180 1,000,000 1,000,000 Library 185 7,250,345 7,250,345 Library- Debt Service 186 345,955 345,955 Library - Capital 187 3,774,500 3,774,500 Neighborhood Stabilization 195 98,899 98,899 Motor Fuel 200 2,248,990 2,248,990 Emergency Telephone 205 1,030,418 1,030,418 Special Service Area # 4 210 320,000 320,000 CDBG 215 2,281,978 2,281,978 CDBG Loan 220 293,000 293,000 Economic Development 225 - - Neighborhood Improvement 235 100,000 100,000 HOME 240 586,692 586,692 Affordable Housing Fund 250 1,707,252 1,707,252 Washington National TIF 300 10,540,636 10,540,636 Special Service Area # 5 305 - - Southwest II TIF 310 513,865 85,802 599,667 Southwest TIF 315 - - Debt Service 320 14,431,137 9,225,000 23,656,137 Howard -Ridge TIF 330 1,598,600 1,598,600 West Evanston TIF 335 40,000 40,000 Dempster -Dodge TIF 340 - 40,000 2,004,000 : 2,044,000 Chicago -Main TIF 345 60,000 3,580,000 3,640,000 Special Service Area #6 350 220,000 70,730 290,730 Capital Improvement 415 - 30,508,512 (1,377,730) 29,130,782 Crown Capital Fund 416 - 1,377,730 1,377,730 Special Assessment 420 513,427 513,427 Parking 505 14,524,752 14,524,752 Water 510 29,361,509 29,361,509 Sewer 515 14,607,057 14,607,057 Solid Waste 520 5,198,345 5,198,345 Fleet 600 3,719,237 3,719,237 Equipment Replacement 601 1,530,422 1,530,422 Insurance 605 19,075,611 19,075,611 Fire Pension 700 8,705,000 8,705,000 Police Pension 705 11,817,000 11,817,000 Total All Funds . $ -308,76?,4 4 $ % 14,96%532' ., 323,732,986