Recommendation of Proposed $1 Million Transfer from the Hotel/Motel Tax Fund to the Building Fund and An Ordinance Amending the Village's Fiscal Year 2025 Budget to Account for the $1 Million Transfer of Funds. Waiver of first reading is requested. (2/3 vote of Corporate Authorities required, 5 of 7) Recommendation from the Finance & Administration Committee to transfer $1 million from the Hotel/Motel Tax Fund to the Building Fund for construction of a new Public Safety Building.

Committee

Village Board of Trustees

Introduced

February 17, 2025

Passed

March 6, 2025

Enacted

March 6, 2025

Enactment no.

Ordinance 8338

Where it was heard

Village Board of Trustees Mar 6, 2025 waived of first reading and passed on second reading with suspension of the rules Pass Finance & Administration Committee Feb 24, 2025 motion Pass

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