|Minutes for September 6, 2012 Public Hearing Budget and Appropriation Ordinance|
Sugar Grove Public Library Board of Trustees
Minutes of September 6, 2012 Public Hearing
President Joan Roth called the hearing to order at 6:00 p.m.
Introduction of Trustees and Others Present:
Anthony Oliver; Dan Herkes, Treasurer; Julie Wilson; Bill Durrenberger, Secretary; Robert Bergman; Art Morrical, Vice President; Joan Roth, President; and Carol Dolin, Library Director.
Purpose of the Public Hearing – Statutory Requirements
The purpose of the Public Hearing is to present the Budget and Appropriation Ordinance for the Sugar Grove Public Library District for the Fiscal Year Beginning on July 1, 2012 and Ending on June 30, 2013 to meet the Statutory Requirements of the State of Illinois for public bodies.
None. President Joan Roth closed public comment.
Dolin discussed the Tentative Budget and Appropriation Ordinance with the library auditor who recommended several adjustments to the ordinance to more closely reflect actual budgetary requirements in the General Fund/Corporate Fund and Special Tax Funds. Tax caps restrict the amount of tax that can be levied to less than what is budgeted and appropriated. Some of the budget lines exceed what we anticipate collecting, but are the amounts the library needs to operate. This also allows for unanticipated revenues, such as an endowment or other revenue.
Motion: To adjourn the Public Hearing on the Tentative Budget and Appropriation Ordinance for the Fiscal Year beginning on July 1, 2012 and ending on June 30, 2013 at 6:08 p.m. Motion by Bill Durrenberger. 2nd by Robert Bergman. Roll Call Vote, Roth – yes, Morrical – yes, Bergman – yes, Durrenberger – yes, Wilson – yes, Herkes – yes, Oliver – yes. Motion carried.