Ordinance Amending the Village's Fiscal Year 2024 Budget Ordinance 2024 budget increase of $9,895,720 to the General Fund for the 2024 waterfall transfer to the Pension Stabilization Fund ($4,947,860) and transfer to the Building Reserve Fund ($4,947,860). Increase of $987,890 to Water and Sewer Operations and Maintenance Fund for purchased water, sewer treatment, meters, and wages. Increase of $867,570 to the Police Pension Fund and an increase of $693,160 to the Fire Pension Fund for pensioner payments and investment expenses. Waiver of first reading is requested. (2/3 vote of Corporate Authorities required)

Committee

Village Board of Trustees

Introduced

June 9, 2025

Passed

June 19, 2025

Enacted

June 19, 2025

Enactment no.

Ordinance 8373

Where it was heard

Village Board of Trustees Jun 19, 2025 waived of first reading and passed on second reading with suspension of the rules Pass

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