Combined Annual Budget and Appropriation Ordinance for Library Purposes for the Fiscal Year 2007/2008, Kenilworth Public Library District

THE BOARD OF TRUSTEES OF THE KENILWORTH PUBLIC LIBRARY DISTRICT COOK COUNTY, ILLINOIS

ORDINANCE NO. 2007/2008 - 2

COMBINED ANNUAL BUDGET AND APPROPRIATION ORDINANCE FOR LIBRARY PURPOSES FOR THE FISCAL YEAR 2007/2008

WHEREAS, the Illinois Municipal Budget Law, ILCS, Chap. 50, Sec. 330/1, et seq., as amended, requires all Illinois municipal corporations to adopt a combined annual budget and appropriations ordinance specifying the objects and purposes of expenditures; and the Illinois Public Library District Act, ILCS, Chap. 75, Secs. 16/1-1, provides procedures for the passage of a budget and appropriation ordinance and a tax levy ordinance; and
WHEREAS, pursuant to the above and other statutes, an ordinance has been prepared in a tentative form and made available for public inspection at least thirty (30) days prior to the adoption thereof, and a public hearing on said budget and appropriation ordinance has been held prior to final action hereon, and notice of said hearing was advertised in a newspaper published within the District;
NOW, THEREFORE BE IT ORDAINED by the Board of Trustees of The Kenilworth Public Library District, Cook County, Illinois, as follows:
Section 1. The following budget containing an estimate of all receipts of said Library District, and of expenditures therefrom, be; and the same hereby is adopted as the budget for said District for the fiscal year beginning July 1, 2007 and ending June 30, 2008; and the same sums are hereby appropriated as necessary to defray said expenses and liabilities of this Library District, for the objects and purposes indicated for the said fiscal year:

Fund Balances, estimated July 1, 2007 as follows: $71,984.
ESTIMATE OF CASH EXPECTED TO BE RECEIVED DURING THE FISCAL YEAR:
BUDGET APPROPRIATION
1. Estimated Tax Income -
Current Levy Receipts $235,211 250,000 2. Gifts and Other Income 0 0
3. Interest 800 1,500
4. Per Capita Grant 3,000 4,000
TOTAL ESTIMATED REVENUE $239,011 $255,500
TOTAL CASH AVAILABLE $310,995

ESTIMATE OF EXPENDITURES CONTEMPLATED:
BUDGET APPROPRIATION
OPERATION
1. Contractual Library Services $214,949 $250,000
2. Administrative Fee 12,528 15,000
3. Insurance 1,400 2,200
4. Auditing 2,700 4,000
5. Legal Expense 1,000 3,000
6. Advertising 400 1,000
7. Membership 175 500
8. Per Capita Grant 3,000 5,000
9. Contingency 500 5,000

TOTAL OF EXPENDITURES: $236,652 $285,700
AGGREGATE TOTAL APPROPRIATION $285,700
BALANCE AT THE END OF THE FISCAL YEAR $74,343

Section 2. There is hereby appropriated from the taxes to be levied for the fiscal year and other sources of income the sum of TWO HUNDRED EIGHTY-FIVE THOUSAND SEVEN HUNDRED DOLLARS ($285,700) the same to be divided among the several corporate objects and purposes hereinabove specified for said District purposes for the aforesaid fiscal year.
Section 3. Except as otherwise provided by law, no further appropriations shall be made at any time within such fiscal year provided that this Board may from time to time make transfers between the various items in any Fund, or appropriate in excess of those authorized by the budget in order to meet an immediate and unforeseen emergency, by two-thirds (2/3) vote of all the trustees, as provided by ILCS, Chap. 75, Sec. 16/40-50, et seq., and this Board may amend this budget and appropriation ordinance from time to time by the same procedures as prescribed by statute for the original adoption of a budget and appropriation ordinance; provided that nothing in this Section shall be construed to permit transfer between Funds required by law to be kept separate. Any remaining balances after the close of the fiscal year shall be available until August 30 for the authorization of the payment of obligations incurred prior to the close of the fiscal year, and until September 30 for the payment of such obligations or for the transfer of unexpected balances thereof to be accumulated, as provided by ILCS, Chap 75, Sec. 16/30-90.
Section 4. A copy of this ordinance in tentative form has been available for public inspection at the Village Hall for thirty (30) days, and notice of said hearing has been given by posting for thirty (30) days, and by publication in a newspaper published within this District in substantially the following form:
Section 5. This ordinance is passed pursuant to statutory authority and the Illinois Public Library District Act, ILCS, Chap. 75, Sec. 16/35-5, and Sec. 16/40-50, and the Illinois Revenue Code, ILCS, Chap. 35, Sec. 205/157, et seq., and other statutes appertaining thereto.
Section 6. This ordinance shall be in full force and effect from and after its passage and approval according to law, and any resolutions or ordinances in conflict with this are hereby repealed; and should any part of this ordinance be adjudged invalid or unconstitutional, such adjudication shall affect only that part of this act specifically covered thereby, and shall not affect any other provision or parts of this act, which shall be severable therefrom.

PASSED by the Board of Library Trustees of The Kenilworth Public Library District, Cook County, Illinois on the 26th day of July, 2007 by a vote of
AYES:
NAYS:
ABSENT OR NOT VOTING:
APPROVED:
President, the Board of Library
Trustees of The Kenilworth Public Library District,
Cook County, Illinois
ATTEST:
Secretary, the Board of Library
Trustees of The Kenilworth Public Library
District, Cook County, Illinois