title
AUTHORIZATION TO TRANSFER AND
APPROPRIATE AN AMOUNT NOT TO EXCEED $1,000,000 IN ADDITIONAL FUNDS
FROM THE GENERAL FUND
TO THE COUNTY INFRASTRUCTURE FUND
FOR FISCAL YEAR 2025
resolution
WHEREAS, appropriations for the GENERAL FUND for Fiscal Year 2025 were adopted by the County Board pursuant to Ordinance FI-O-0010-24; and
WHEREAS, due to the need to fund the Hinsdale Lake Terrace Rideshare Pilot Program and Sidewalks Program, there is a need for an additional appropriation in the GENERAL FUND - COMPANY 1000, ACCOUNTING UNIT 1180; and
WHEREAS, in order to maintain the General Fund balance of $110,100,000 (ONE HUNDRED TEN MILLION, ONE HUNDRED THOUSAND, AND NO/100 DOLLARS), the County of DuPage must transfer an amount up to, but not to exceed, $1,000,000 (ONE MILLION, AND NO/100 DOLLARS); and
WHEREAS, the County of DuPage grants authority to the Chief Financial Officer, to transfer said amount in one or more transfers as operating requirements dictate; and
WHEREAS, sufficient funds are projected to be available in the General Fund (1000) to accommodate said transfer(s) in an amount(s) not to exceed $1,000,000 (ONE MILLION, AND NO/100 DOLLARS) for the aforementioned time period; and
WHEREAS, the need to provide an additional appropriation in the amount not to exceed $1,000,000 (ONE MILLION, AND NO/100 DOLLARS) in the GENERAL FUND - COMPANY 1000, ACCOUNTING UNIT 1180 creates an emergency within the meaning of the Counties Act, Budget Division, (55 ILCS 5/6-1003).
NOW, THERFORE, BE IT RESOLVED, by the DuPage County Board that the said transfer(s) may be relative to the period of December 1, 2024 to November 30, 2025; and
BE IT FURTHER RESOLVED by the DuPage County Board that the Finance Department is au...
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