FY23 Budget

ELKHART PUBLIC LIBRARY DISTRICT                                                   ORD. NO. 2023-03

 

 

ANNUAL BUDGET AND APPROPRIATION ORDINANCE

 

AN ORDINANCE termed the combined tentative annual budget and appropriation ordinance in and by which the governing body does appropriate such sum or sums of money as may be deemed necessary to defray all necessary expenses and liabilities of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County, Illinois, for the fiscal year beginning July 1, 2022 and ending June 30, 2023, and specifying the objects and purposes for which such appropriations are made and the amounts appropriated for such objects and purposes.

 

WHEREAS, the Board of Trustees of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County, Illinois, has caused to be prepared in tentative form a budget and appropriation ordinance,

 

BE IT ORDAINED by the President and the Board of Trustees of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County, Illinois:

 

            SECTION 1.  The fiscal year of this District be and the same is hereby fixed and declared to be from July 1, 2022 to June 30, 2023.

 

            SECTION 2.

 

(a)        Estimate cash on hand at the beginning of the fiscal year,                $65,126.26

             July 1, 2022

 

(b)        Estimate of the cash expected to be received during the fiscal

            year July 1, 2022 to June 30, 2023                                                    $73,417.18

 

(c)        Estimate of the expenditures contemplated for the fiscal

            year July 1, 2022 to June 30, 2023                                                    $72,000.00

 

(d)       Estimated cash expected to be on hand at the end of the fiscal

            year on June 30, 2023                                                                        $66,543.44

 

            SECTION 3.  That the following sum or sums of money, or so much thereof as may be authorized by law, be and the same are hereby appropriated for the objects and purposes herein specified to defray all necessary expenses and liabilities of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County, Illinois, for the fiscal year beginning July 1, 2022, and ending June 30, 2023:

           

 

 

 

1. CORPORATE FUND

                        Salaries:                                                                                       $35,000.00                          Operational Expenses:                                                         + $37,000.00

 

Total Expenses                                                                          $72,000.00

 

           

 

TOTAL CORPORATE FUND (Levy)                                                              $65,989.11

 

1. MISCELLANEOUS                                                                                         $1,000.00

 

1. RETIREMENT AND SOCIAL SECURITY FUND (Levy)

            Employer Social Security and Medicare Tax                                            $3,165.30

 

1. INSURANCE FUND – Tort Liability (Levy)                                      $3,262.77

 

GRAND TOTAL                                                                                               $73,417.18

 

 

            SECTION 4.  The Board of Trustees of the ELKHART PUBLIC LIBRARY DISTRICT has by Ordinance No. 89-90 established a special reserve fund, pursuant to the provisions of the Public Library District Act, to be accumulated from the unexpended balances of the proceeds received annually from public library taxes.

 

            SECTION 5.  Should any clause, sentence, paragraph or a part of this ordinance be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the ordinance as a whole or any part thereof other than the part so declared to be invalid.

 

            SECTION 6.  This ordinance shall be in full force and effect from and after the date of its passage and approval as provided by law.

 

 

 

 

 

 

 

 

 

 

 

 

PASSED BY THE BOARD OF TRUSTEES and APPROVED BY THE PRESIDENT OF THE ELKHART PUBLIC LIBRARY DISTRICT

 

On the ___ day of ___________, 20___.

 

                                                                        ______________________________

                                                                        Philip Shelton, President

                                                                        Board of Trustees

 

ATTEST:

 

 

________________________________

Ann Olson, Secretary

Board of Trustees

 

 

 

 

STATE OF ILLINOIS)

 

COUNTY OF LOGAN)

 

CERTIFICATE

 

I, Ann Olson, do hereby certify that I am the Secretary in and for the ELKHART PUBLIC LIBRARY DISTRICT; that the foregoing is a true and correct copy of any Ordinance duly passed by the president and Board of Trustees of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County Illinois, being entitled: “ ANNUAL BUDGET” termed the ORDINANCE TERMED THE  ANNUAL BUDGET AND APPROPRIATE ORDINANCE in and by which the governing body does appropriate such sum or sums of money as may be deemed necessary to defray all necessary expenses and liabilities of the ELKHART PUBLIC LIBRARY DISTRICT, Logan County, Illinois, for the fiscal year beginning July 1, 2022 and ending June 30, 2023, and specifying the objects and purposes for which such appropriations are made and the amounts appropriated for such objects and purposes.

 

Said ordinance was duly passed by yea and nay vote by said Board of Trustees at a meeting thereof held on the ___ day of ___________, 20___.

           

 

 

____________________________________

Ann Olson, Secretary

Elkhart Public Library District