S-990 - 03/27/2001 - BUDGET - OrdinancesORDINANCE 2001 -BU-EX1 -S- 990
ORDINANCE AUTHORIZING TRANSFERS AMONG BUDGET LINE ITEMS
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: That on recommendation of the Village Manager of the Village of Oak Brook (which
recommendation is hereby approved) and in compliance with the provisions of the law in such case made
and provided, certain transfers among budget line items made in and by the Annual Budget Ordinance of
the Village of Oak Brook passed December 14, 1999 for the fiscal year beginning January 1, 2000 and
ending December 31, 2000, and certain transfers of sums of money in said Budget Ordinance from one
object or purpose to another object or purpose, be and the same is hereby authorized as specified and
indicated in Section 2 of this Ordinance
Section 2. That in the attached schedule, the amounts shown in the column titled "Transferred
From" represent unexpended balances The total of said amounts are hereby transferred to the various
items specified in the "Transferred To" column immediately opposite the items specified in the
"Transferred From" column
Section 3 That the Motor Fuel Tax Fund Budget is amended by increasing the line item entitled
"Transfer Out" by $115,435, the increase which shall be funded by this Fund's fund balance.
Section 4. That the Self- Insurance Fund Budget is amended by increasing the line item entitled
"Health Claims" by $442,765, the increase which shall be funded by this Fund's fund balance.
Section 5 That the Police Pension Fund Budget is amended by increasing the line item entitled
"Pension Refunds" by $8,490, the increase which shall be funded by this Fund's fund balance
Section 6 That the Firefighters' Pension Fund Budget is amended by increasing the line item
entitled "Pension Benefits" by $34,065, the increase which shall be funded by this Fund's fund balance
Section 7 That this ordinance shall be in full force and effect from and after passage and
approval pursuant to law
PASSED THIS 27th day of March, 2001.
Ayes Trustees Butler, Caleel, Craig, Kenny and McInerney
Nays None
Absent Trustee Savino
Abstain None
APPROVED THIS27th day of March, 2001
Village President
.`.� ^`,' ''^r/ Sti, i•ar,/ I C�G4 �C - Cif
77;
jII erk
A -Pprov as to Form:
Village Attorney
Published
Ordinance 2001- BU- EX1 -S- 990
Budget Line Item Transfers,
Page 2
Date Paper
Not Published XX
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