S-1638 - 12/14/2021 - FINANCE - Ordinances THE VILLAGE OF OAK BROOK
COOK AND DUPAGE COUNTIES, ILLINOIS
ORDINANCE
2021-BU-AMEND-S-1638
AN ORDINANCE
AUTHORIZING AMENDMENTS AND
TRANSFERS AMONG BUDGET LINE ITEMS
THE VILLAGE OF OAK BROOK, ILLINOIS
GOPAL G. LALMALANI, Village President
CHARLOTTE K. PRUSS, Village Clerk
LAURENCE HERMAN
MICHAEL MANZO
JAMES NAGLE
A. SURESH REDDY
EDWARD TIESENGA
ASIF YUSUF
Village Board
Published in pamphlet form by authority of the
President and the Board of Trustees of the Village of Oak Brook
on this the 14th day of December, 2021
Ordinance 2021-BU-AMEND-S-1638
An Ordinance Authorizing Amendments and Transfers
Among Budget Line Items Page 2 of 3
ORDINANCE 2021-BU-AMEND-S-1638
AN ORDINANCE AUTHORIZING AMENDMENTS AND TRANSFERS
AMONG BUDGET LINE ITEMS
WHEREAS, the Village of Oak Brook (the "Village") is a municipal corporation with authority
provided for and granted pursuant to the Illinois Municipal Code to exercise certain powers and perform
certain functions pertaining to its local government and affairs; and
WHEREAS, the Finance Committee has recommended an amendment to the 2021 Budget by
increasing General Fund expenditures and Infrastructure Fund revenues for the transfer of surplus General
Fund surplus revenue to fund future capital projects; and
WHEREAS, the Village President and Board of Trustees concur with and approve of the transfer.
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 Fund budget is amended by increasing the amounts in the following
account:
1. Account 271-80200 (Transfer Out), by$3,000,000.
Section 3: The Infrastructure Fund budget is amended by increasing the amounts in the following
account:
1. Account 41-48150 (Transfer From Other Funds), by$3,000,000.
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the same are hereby repealed to the extent of such conflict.
[SIGNATURE PAGE FOLLOWS]
Ordinance 2021-BU-AMEND-S-1638
An Ordinance Authorizing Amendments and Transfers
Among Budget Line Items Page 3 of 3
APPROVED THIS 14th day of December, 2021.
Gopal G. Lalmalani
Village President
PASSED THIS 141h day of December, 2021.
Ayes: Trustees Herman, Manzo, Nagle, Reddy, Tiesenga, Yusuf
Nays: None
Absent: None
i L%1; 0
g ATTEST:
Charlotte K. Pruss
•o Village Clerk
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