Ordinance 1986-07 Y W
ORDINANCE NO. 1986-
AN ORDINANCE AMENDING THE ORDINANCE ADOPTING
THE ANNUAL BUDGET FOR THE FISCAL YEAR
1986-1987 FOR THE UNITED CITY OF THE VILLAGE
OF YORKVILLE
BE IT ORDAINED by the City Council of the UNITED CITY OF THE VILLAGE
OF YORKVILLE, Kendall County, Illinois, as follows:
SECTION 1:
That the Revenue portion of the Water Operations Fund as contained in
said 1986-1987 Budget shall be amended to show the total revenue of
$288,900.00 and a total available sum for expenditure of $465,480.00.
SECTION 2:
That said Ordinance shall be amended to provide an Operations Fund for
the Library of the UNITED CITY OF THE VILLAGE OF YORKVILLE in the sum of
$40,071.65 which is the legal maximum of 15% of assessed valuation for 1986-
1987.
SECTION 3:
That the Summary Section of said Budget Ordinance shall be amended to
provide that the Capital Improvement Fund for the UNITED CITY OF THE VILLAGE
OF YORKVILLE is the sum of $33,250.00 and the total estimated expenditures
for the City being $2,612,676.65 for the 1986-1987 fiscal year.
SECTION 4:
In all other respects the original Budget Ordinance previously adopted
by the UNITED CITY OF THE VILLAGE OF YORKVILLE is hereby radified and confirmed.
This amended Budget Ordinance for the fiscal year 1986-1987 is adopted
pursuant to the procedure set forth in the Illinois Municipal Code.
ADOPTED this 24th day of July, 1986 pursuant to roll call vote
as follows:
AYES:
NAYS:
APPROVED this 24th day of July, 1986.
ROBERT E. DAVIDSON, JR.,
ATTEST:
LUANNE J. ERICKSON, City Clerk
-2-