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S-1518 - 12/12/2017 - BUDGET - Ordinances ORDINANCE 2017-BU-EX-S-1518 AN ORDINANCE ADOPTING THE BUDGET OF THE VILLAGE OF OAK BROOK FOR 2018 BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Findings: The President and Board of Trustees find that the tentative annual budget of the Village of Oak Brook for 2018 has been conveniently available to public inspection for at least ten (10) days prior to its passage in pamphlet form as prescribed by the corporate authorities. A public hearing has been held prior to final action on the budget, notice of which hearing was given by publication in a newspaper having general circulation in the Village of Oak Brook, said notice having been published at least one week prior to the time of hearing. The hearing on the budget was held not less than one week after the tentative annual budget was published, by placing it on file with the Village Clerk for public inspection. Section 2: The sums set forth for the purposes indicated in the 2018 Municipal Budget of the Village of Oak Brook attached hereto and made a part hereof are hereby budgeted to pay all necessary expenses and liabilities of the Village of Oak Brook for the fiscal period beginning January 1, 2018 and ending December 31, 2018. Section 3: The Village of Oak Brook hereby approves and adopts the 2018 Municipal Budget as attached hereto. Section 4: In case of a vacancy in any office specified in this Ordinance, the Appointing Authority shall not be required to fill such office, if, in his or her judgment or discretion,there is no necessity therefore. Section 5: The 2018 Municipal Budget may be amended as provided by law. Section 6: This ordinance shall be in full force and effect from and after passage and approval pursuant to law. [SIGNATURE PAGE FOLLOWS] Ordinance 2017-BU-EX-S-1518 Adopting 2018 Budget Page 2 of 2 APPROVED THIS 121h day of December, 2017. Gopal G. Lalmalani Village President PASSED THIS 12th day of December, 2017. Ayes: Trustees Baar, Cuevas, Saiyed, Tiesenga, Yusuf Nays: Trustee Manzo Absent: None ATTEST: Charlotte K. Pruss Village Clerk