Lake County, IL
File #: 24-1510    Version: 1 Name: Ordinance recommending the Fiscal Year (FY) 2025 Annual Budget and Appropriation Ordinance for Lake County, Illinois; said budget having been made conveniently available for public inspection for at least 15 days by posting in the Office of the County Cle
Type: ordinance Status: Regular Agenda
File created: 10/24/2024 In control: Financial & Administrative Committee
On agenda: Final action:
Title: Ordinance recommending the Fiscal Year (FY) 2025 Annual Budget and Appropriation Ordinance for Lake County, Illinois; said budget having been made conveniently available for public inspection for at least 15 days by posting in the Office of the County Clerk and on the County website.
Attachments: 1. List of FY25 Budget Amendments 10.23.24, 2. OverallBudgetSummary 10.23.24, 3. List of Budget Amendments - FINAL, 4. 3.01 - OverallBudgetSummary 9.27.24

Title

Ordinance recommending the Fiscal Year (FY) 2025 Annual Budget and Appropriation Ordinance for Lake County, Illinois; said budget having been made conveniently available for public inspection for at least 15 days by posting in the Office of the County Clerk and on the County website.

 

Staff Summary

                     Through cooperation with all departments and agencies as well as the Standing Committees and Financial and Administrative Committee, the FY 2025 Budget is presented for approval.

                     The operating funds that provide the funding for most governmental operations are balanced.

                     This budget reflects all budget actions as approved by Standing Committees and as amended by the Financial and Administrative Committee on November 7, 2024.

                     The entire budget is available on the County’s website at www.lakecountyil.gov.

 

Body

ORDINANCE

 

WHEREAS, a recommended budget including amendments (as attached) for

FY 2025 has been developed and presented by the County Administrator, all in accordance with the budget policies previously adopted by this County Board; and

 

WHEREAS, it is necessary for the County Board to adopt an annual budget and appropriation in accordance with State of Illinois Law; and

 

WHEREAS, the proposed FY 2025 budget, inclusive of all revenues and expenses, including the Tax Year 2024 Tax Levy to be collected during FY 2025, has been reviewed and acted upon by the Standing Committees of the County Board; and

 

WHEREAS, the recommended FY 2025 Budget has been made conveniently available for public inspection for at least fifteen days prior to adoption by posting in the Office of the County Clerk and on the County website at www.lakecountyil.gov.

 

NOW, THEREFORE, BE IT ORDAINED, by this County Board of Lake County, Illinois, that

 

1.                     The FY 2025 Recommended Annual Budget and Appropriation for Lake County Illinois, for FY 2025 was brought before the Finance and Administrative Committee; and

 

2.                     That the FY 2025 recommended Annual Budget and Appropriation for Lake County, Illinois, as attached hereto and made part of, is hereby approved.

 

3.                                                Section 5.9.10 of 3.5 Budget Development Policy is suspended for Fiscal Year 2025.

 

DATED at Waukegan, Illinois, on November 12, 2024.