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HomeMy WebLinkAbout034-R-19 Authorizing the City of Evanston City Manager to Increase the Total Fiscal Year 2018 Budget by $18,641,429, to a New Total of $354,110,43704/22/2019 34-R-19 A RESOLUTION Authorizing the City of Evanston City Manager to Increase the Total Fiscal Year 2018 Budget by $18,641,429, to a New Total of $354,110,437 WHEREAS, a total budget amendment for eighteen million, six hundred and forty-one thousand, four hundred and twenty-nine dollars ($18,641,429) is required due to the following items: General 100 114,237,796 1,147,526 115,385,322 Washington National TIF 300 9,207,040 1,760,239 10,967,279 Debt Service 320 14,297,257 7,536,712 21,833,969 West Evanston TIF 335 40,000 14,049 54,049 Dempster -Dodge TIF 340 72,666 3,419 76,085 Chicago -Main TiF 345 108,999 543 109,542 Crown Construction Fund 416 9,634,000 2,426,419 12,060,419 Special Assessment 420 585,217 307,222 892,439 Equipment Replacement 601 1,597,977 179,879 1,777,856 Insurance 605 18,439,931 4.707,101 23,147,032 Fire Pension 700 8.795.000 558,322 9,353,322 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 2018 budget be increased from three hundred and thirty-five million, four hundred sixty-nine thousand, and eight dollars ($335,469,008) to three hundred fifty-four million, one hundred and ten thousand, four hundred and thirty-seven dollars ($354,110,437) 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 fifty-four million, one hundred and ten thousand, four hundred and thirty-seven dollars ($354,110,437) for Fiscal Year 2018 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 34-R-19 shall be in full force and effect from and after its passage and approval in the manner provided by law. Attest: C\\ Devon Reid, City Clerk Adopted: A ) ' / -Z-ZHP , 2019 Stephen 14. age or Approved to form: I&U& 469U-0�� Michelle L. Masoncup, Corpbration Counsel BXHIBIT A General 100 114,237,796 1,147,526 115.385,322 General Assistance 175 1,265,921 - 1,265,921 Human Services 176 859,153 - 859,153 Good Neighbor Fund 180 1,000,000 - 1,000,000 Library 185 7,476,297 - 7,476,297 Library - Debt Service 186 333,404 - 333,404 Library - Capital 187 10,095,000 - 10,095,000 Neighborhood Stabilization 195 94,821 - 94,821 Motor Fuel 200 2,457,990 - 2,457,990 Emergency Telephone 205 1,043,438 - 1,043,438 Special Service Area # 4 210 370,000 - 370,000 CDBG 215 2,439,512 - 2,439,512 CDBG Loan 220 293,000 - 293,000 Neighborhood Improvement 235 100,000 - 100,000 HOME 240 588,321 - 588,321 Affordable Housing Fund 250 489,300 - 489,300 Washington National TIF 300 9,207,040 1,760,239 10,967,279 Debt Service 320 14,297,257 7,536,712 21,833,969 Howard -Ridge TIF 330 4,681,500 - 4,681,500 West Evanston TIF 335 40,000 14,049 54,049 Dempster -Dodge TIF 340 72,666 3,419 76,085 Chicago -Main TIF 345 108,999 543 109,542 Special Service Area #6 350 221,500 - 221,500 Capital Improvement 415 30,297,527 - 30,297,527 Crown Construction Fund 416 9,634,000 2,426,419 12,060,419 Special Assessment 420 585,217 307,222 892,439 Parking 505 12,896,493 - 12,896,493 Water 510 45,663.506 - 45,663,506 Sewer 515 14,817,870 - 14,817,870 Solid Waste 520 5,109,701 - 5,109,701 Fleet 600 3,333,871 - 3,333,871 Equipment Replacement 601 1,597,977 179,879 1,777,856 Insurance 605 18,439,931 4,707,101 23.147,032 Fire Pension 700 8,795,000 558,322 9,353,322 Police Pension 705 12,525,000 - 12,525,000 Total All Funds 335,469,008 $18,641,429 $ 354,110,437