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HomeMy WebLinkAboutOrdinance 40-O-25 Authorizing the City Manager to Amend the Total Fiscal Year 2024 Budget40-O-25 5/13/2025 40-O-25 AN ORDINANCE Authorizing the City of Evanston City Manager to Amend the Total Fiscal Year 2024 Budget by ($38,495,211 ), to a New Total of $399,920,909 WHEREAS, a total budget increase of eleven million, five hundred and four thousand, seven hundred and eighty-nine dollars ($11,504,789) is required due to the following eight funds: WHEREAS, a total budget decrease of fifty million dollars ($50,000,000) can be reduced from the following six funds: Page 1 of 2 40-O-25 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 2024 budget be reduced from four hundred and thirty-eight million, four hundred and sixteen thousand, one hundred and twenty dollars ($438,416,120) to three hundred ninety-nine million, nine hundred and twenty thousand, nine hundred and nine dollars ($399,920,909) as summarized in the document attached hereto and incorporated herein as Exhibit A. SECTION 3: That approval of this ordinance shall authorize the City Manager to expend and/or encumber up to three hundred ninety-nine million, nine hundred and twenty thousand, nine hundred and nine dollars ($399,920,909) for Fiscal Year 2024 for all Funds. SECTION 4: That this Ordinance 40-O-25 shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. _______________________________ Daniel Biss, Mayor Attest: _______________________________ Stephanie Mendoza, City Clerk Adopted: __________________, 2025 Approved to form: _______________________________ Alexandra Ruggie, Corporation Counsel Page 2 of 2