Title
Resolution authorizing an emergency appropriation in the amount of $12,111,649 to fund projects in the FY 2009 Capital Improvement Program, with said funding to be provided by FY 2007 Fund Sweeps.
Staff Summary
• The FY 2009 Capital Improvement Program budget will be approved in November, 2008 as part of the 2009 recommended budget.
• An emergency appropriation of $12,111,649 is requested for the Capital Improvement Program with an accompanying increase in the revenue budget from the FY 2007 Fund Sweeps.
Body
RESOLUTION
WHEREAS, Lake County had approved the FY 2007 Fund Sweeps for the FY 2009 Capital Improvement Program budget which will be approved in November, 2008 as part of the 2009 recommended budget; and
WHEREAS, the funds have not been appropriated into the Capital Improvement Program.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois that an emergency appropriation in the amount of $12,111,649 is hereby authorized in the Capital Improvement Program; and
BE IT FURTHER RESOLVED, the funds will be appropriated as stated in the attachment.
DATED, at Waukegan, Illinois, on this 18th day of November, A.D., 2008.