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2009 Annual Operating and Capital Budget - Village of Huntley

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THE HONORABLE VILLAGE PRESIDENT AND BOARD OF TRUSTEES<br />

NOVEMBER 21, 2008<br />

Introduction<br />

On behalf <strong>of</strong> the entire <strong>Village</strong> <strong>of</strong> <strong>Huntley</strong> Staff, I am pleased to present to you the Fiscal<br />

Year (FY) <strong>2009</strong> <strong>Operating</strong> <strong>and</strong> <strong>Capital</strong> <strong>Budget</strong> totaling $22,625,417 for all funds. <strong>Annual</strong>ly,<br />

budgets are established for nineteen (19) separate funds which have defined purposes <strong>and</strong> are<br />

separated in the overall budget document to account for that specific purpose. The principle<br />

operating funds are the General Fund <strong>and</strong> the Enterprise (Water <strong>and</strong> Sewer) Fund. The<br />

major <strong>Capital</strong> Funds include the <strong>Capital</strong> Projects, Water <strong>and</strong> Sewer <strong>Capital</strong>, Municipal<br />

Buildings, Tollway / Interchange <strong>and</strong> Street Improvement Funds.<br />

This budget is the financial plan, which establishes the <strong>Village</strong>’s goals, programs <strong>and</strong> capital<br />

expenditures for the time period extending from January 1, <strong>2009</strong> through December 31, <strong>2009</strong>.<br />

Pursuant to State law, the draft budget document will be made conveniently available for<br />

public inspection beginning on Monday, December 1, 2008. In addition, the required public<br />

notice will be published in the Northwest Herald no later than Thursday, December 4, 2008,<br />

informing the general public <strong>of</strong> the budget public hearing scheduled for Thursday,<br />

December 11, 2008, at 7:00 p.m. at the regularly scheduled <strong>Village</strong> Board meeting.<br />

<strong>Village</strong> <strong>of</strong> <strong>Huntley</strong> FY<strong>2009</strong> <strong>Budget</strong> Transmittal Letter 1

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