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Resolution 1997-20 STATE OF ILLINOIS ) )ss COUNTY OF KENDALL ) RESOLUTION APPROVING BUDGET AMENDMENT AND ALLOCATION OF BUDGETED FUNDS RESOLUTION 97-,2-�Q_ WHEREAS,the UNITED CITY OF YORKVILLE,Kendall County,Illinois,has determined ti that a carry over balance exists from the 1996-97 fiscal budget in the amount of$11$,000.00,which should be carried over into the 1997-98 fiscal budget; and WHEREAS,it is necessary to amend both the budget and the expenditure portion of the 1997 -1998 City Budget reflecting said funds; and WHEREAS,the City Council of the UNITED CITY OF YORKVILLE has considered where to allocate said funds and how to Amend said Budget: NOW THEREFORE upon Motion duly made, seconded, and approved by majority of those Alderman voting finds as follows: 1. That the 1997-98 Fiscal Budget for the UNITED CITY OF YORKVILLE is hereby ON11-00 Amended to reflect an additional in revenue from carry over sources. 2. That the allocation of said Revenue source for purpose of expenditures shall be as follows: A. The sum of$103,500.00 shall be allocated to the General Fund for the purpose of the Specific Street Maintenance Fund within General Funds expenditures. B. That the sum of$11,500.00 shall be allocated to the General Fund, and more specifically the Finance Contingency Fund of the General Fund for further action by the City Council as to w + any expenditure of said funds. PASSED BY THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE on October 23, 1997. ROBERT J ON,Mayor Yorkvill e all County, Illinois AYES: NAYES: / ABSENT: ATTEST: City Clerk Law Offices of Daniel J. Kramer 1107A S. Bridge Street Yorkville, Illinois 60560 630.553.9500 F:\CLIENTS\CITYOFYO\RESOLUTI\budget97