At the March 13th Committee-of-the-Whole Meeting it was recommended that the Village Board approve the proposed 2022 General Fund surplus transfers identified in the attached memo.  This ordinance amends the 2022 Budget by $10.8 million to reflect the approved transfers, and the remaining $1.6 million from the $12.4 million 2022 surplus will be used for an abatement of the 2022 tax levy.

RECOMMENDATION

It is recommended that the Village Board approve 2022 General Fund Surplus Transfers and the 2022 Budget Amendment Ordinance.