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HomeMy WebLinkAboutRESOLUTIONS-2010-013-R-10• 2/22/2010 13-R-10 A RESOLUTION Approving the 2010/2011 Fiscal Year Budget of the City of Evanston WHEREAS, 65 Illinois Compiled Statutes 5/8-2-9.1 et seq. and Title 1, Chapter 8 of the City Code, require the City Manager to submit to the City Council a proposed budget for the ensuing fiscal year that presents a complete revenues and expenditures plan for each fund; and WHEREAS, in accordance with legal requirements, the City Manager submitted the proposed budget for the 2010/2011 fiscal year to the City • Council for its review; and WHEREAS, the Capital Improvements Fund is a part of this proposed budget in the amount of $16,631,628 and includes the issuance of General Obligation Debt in the amount of $7,852,243; and WHEREAS, the City Council has reviewed the proposed budget, with a total expenditure amount of $224,438,941, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the City of Evanston's 2010/2011 fiscal year budget, with a total expenditure amount of $224,438,941, summarized in the 0 13-R-10 • document attached hereto and incorporated herein as Exhibit A, is hereby adopted, and the City Manager is directed to implement said budget. SECTION 2: 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. Eliz eth B. Tisdahl, Mayor r R ey Gree e, Altyerkc Adopted: , 2010 • • —2— • • 40214 r_1 City of Evanston- Fiscal Year 2010/2011 Adopted Budget Summary 2010/2011 Fund Fund # Adopted Budget General 100 86,578,760 Neighborhood Stabilization Program 195 4,000,000 Motor Fuel 200 2,602,500 Emergency Telephone 205 2,612,104 Special Service District # 4 210 378,000 CDBG 215 2,043,933 CD Loan 220 75,000 Economic Development 225 1,759,082 Neighborhood Improvement 235 50,000 Home 240 576,500 Affordable Housing Fund 250 322,000 Washington National TIF 300 4,359,164 Special Service District # 5 305 438,062 Southwest II TIF 310 816,653 Southwest TIF 315 864,100 Debt Service (G.O. Bonds) 320 11,019,705 Howard/Ridge TIF 330 120,400 West Evanston TIF 335 515,000 Capital Improvement 415 16,631,628 Special Assessment 420 797,659 Parking 505 11,357,117 Water 510-513 20,087,061 Sewer 515 17,507,580 Fleet 600 4,901,860 Insurance 605 15,858,437 Fire Pension 700 7,616,267 Police Pension 705 10,550,369 Total All Funds 224,438,941 -3- 13-R-10