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Ordinance 1976-28 FHD:GKH ORDINANCE NO. /97G , AN ORDINANCE PROVIDING FOR THE ADOPTION OF AN ANNUAL MUNICIPAL BUDGET AND THE APPOINTMENT OF A BUDGET OFFICER FOR THE UNITED CITY OF THE VILLAGE OF YORKVILLE, ILLINOIS BE IT ORDAINED by the UNITED CITY OF THE VILLAGE OF YORKVILLE, ILLINOIS that: SECTION 1: ADOPTION OF ANNUAL BUDGET. The UNITED CITY OF THE VILLAGE OF YORKVILLE hereby adopts Sections 8-2-9 . 1 through and including Section 8-2-9. 10 of Chapter 24 of the Illinois Revised Statutes providing for an Annual Municipal Budget in lieu of the passage of an Annual Appropriation Ordinance. SECTION 2 : BUDGET OFFICER. The Mayor, with the approval of the City Council, shall appoint a Budget Officer, who shall have the powers, duties and responsibilities enumerated in the above Sections of the Illinois Revised Statutes as they are now or may hereafter be amended. The Budget Officer shall give a bond in such sum as may be required by statute. SECTION 3 : COMPUTATION OF ANNUAL BUDGET. The Budget Officer shall compile a budget pursuant to the above sections of the Illinois Revised Statutes as they are now, or may hereafter be amended, containing estimates of the revenues available before the beginning of the fiscal year to which it applies, together with recommended expenditures cq r -2- for the municipality and all of its boards, commissions and departments. Said budget shall be adopted prior to May 1 of each fiscal year. SECTION 4 : PUBLIC INSPECTION, NOTICE AND HEARING ON BUDGET. Copies of the tentative annual budget shall be made available for public inspection in printed or typewritten form in the office of the City Clerk for at least ten days prior to the passage of the annual budget. Not less than one week after the budget is available for inspection, and prior to final action on the budget, at least one public hearing shall be held on the budget by the City Council. Notice of this hearing shall be given by publication in a newspaper having a general circulation in the City at least one week prior to the time of hearing. SECTION 5: REVISION OF ANNUAL BUDGET. The City Council may delegate authority to heads of municipal departments, boards or commissions to delete, add to or change items previously budgeted to the department, board or commission, subject to such limitation or requirement for prior approval by the Budget Officer or Commissioner of Accounts and Finances, as the City Council upon a two-thirds vote of the members may establish. The annual budget may be revised by a vote of two-thirds of the City Council by deleting, adding to or changing budgeted items. No revision of the budget shall be made increasing the budget in the event funds are not available to effectuate the purpose of the revision. -3- SECTION 6 : EFFECTIVE DATE. This Ordinance shall be in full force and effect after its passage and approval. PASSED this 26t_h day of February , 197 6 . City aerk SIGNED and APPROVED this 26th day of February , 1976 Mayor