S-1442 - 10/13/2015 - BUDGET- SPORTS CORE - Ordinances ORDINANCE 2015-BU-AMEND-S-1442
AN ORDINANCE AUTHORIZING AN AMENDMENT
TO THE 2015 BUDGET
WHEREAS, the Village Manager has recommended an amendment to the 2015 Budget by
increasing the General Corporate Fund to transfer funds for capital improvements and other purchases at
the Sports Core and increasing the Sports Core Fund for purchases; and
WHEREAS, the Village President and Board of Trustees concur with and approve of the Village
Manager's recommendations.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS that the following
amendment is hereby authorized:
Section 1: The recitals above are hereby incorporated into and made a part of this ordinance.
Section 2: The General Corporate Fund budget is amended by increasing the amount in account
271-80200, "Transfer Out", by$268,745, which increase shall be funded by this Fund's fund balance.
Section 3: The Sports Core Fund budget is amended by increasing the amount in account 844-
80200, "Transfer Out", by $100,000 in the Golf Surcharge program, which increase shall be funded by
this Fund's fund balance.
Section 4: This ordinance shall be in full force and effect from and after its passage and approval
as required by law.
Section 5: All ordinances or parts thereof in conflict with the provisions of this ordinance be and
the same are hereby repealed to the extent of such conflict.
APPROVED THIS 13th day of October, 2015.
Gopal G. Lalmalani
Village President
PASSED THIS 13th day of October, 2015.
Ayes: Trustees Baar, Manzo, May, Tiesenga, Yusuf
Nays: None
Absent: Trustee Adler
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Charlotte K. Pruss
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Village Clerk
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