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File #: FI-R-0059-25    Version: 1
Type: Finance Resolution Status: Adopted
File created: 3/25/2025 In control: Finance Committee
On agenda: 4/8/2025 Final action: 4/8/2025
Title: ADDITIONAL APPROPRIATION FOR THE IMPACT FEES FUNDS COMPANY 1500, ACCOUNTING UNITS 3560-3569 $4,458,927
Attachments: 1. AMENDED Appropriation - Impact Fees - Budget - FY2025

title
ADDITIONAL APPROPRIATION FOR
THE IMPACT FEES FUNDS
COMPANY 1500, ACCOUNTING UNITS 3560-3569
$4,458,927
resolution

WHEREAS, appropriations for the IMPACT FEES FUNDS for Fiscal Year 2025 were adopted by the County Board pursuant to Ordinance FI-O-0010-24; and

WHEREAS, due to the passage of Illinois Statue 605 ILCS 5/5-917.1, which gives DuPage County authority to transfer the remainder of the road improvement impact fees funds to a transportation account, there is a need for an additional appropriation in the IMPACT FEES FUNDS - COMPANY 1500, ACCOUNTING UNITS 3560-3569 in the amount of $4,458,927 (FOUR MILLION, FOUR HUNDRED FIFTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-SEVEN AND NO/100 DOLLARS); and

WHEREAS, there is sufficient unappropriated cash in the IMPACT FEES FUNDS - COMPANY 1500, ACCOUNTING UNITS 3560-3569 to support an additional appropriation of $4,458,927 (FOUR MILLION, FOUR HUNDRED FIFTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-SEVEN AND NO/100 DOLLARS); and

WHEREAS, the need to provide an additional appropriation in the amount of $4,458,927 (FOUR MILLION, FOUR HUNDRED FIFTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-SEVEN AND NO/100 DOLLARS); in the IMPACT FEES FUNDS - COMPANY 1500, ACCOUNTING UNITS 3560-3569 creates an emergency within the meaning of the Counties Act, Budget Division, (55 ILCS 5/6-1003).

NOW, THEREFORE, BE IT RESOLVED, by the DuPage County Board that an additional appropriation (Attachment) in the amount of $4,458,927 (FOUR MILLION, FOUR HUNDRED FIFTY-EIGHT THOUSAND, NINE HUNDRED TWENTY-SEVEN AND NO/100 DOLLARS); in the IMPACT FEES FUNDS - COMPANY 1500, ACCOUNTING UNITS 3560-3569 is hereby approved and added to the Fiscal Year 2025 Appropriation Ordinance.

end
Enacted and approved this 8th day of April, 2025 at Wheaton, Illinois.



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DEBORAH...

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