Village of Hinckley

Proud Past, Bright Future

Appropriations Ordinance

The appropriation ordinance is one of the most important ordinances adopted each year. This ordinance provides the legal authority under which the municipality allocates money to specific spending activities. In addition, it establishes the municipality's legal spending limit for the fiscal year, and serves as the basis for the property tax levy filed in December.

As a result, it is crucial for local officials to carefully anticipate and appropriate for all expenditures they wish to make during the fiscal year. Even so, one must remember that the appropriation ordinance only outlines those expenditures which can be made if adequate revenues are available; it does not necessarily mean that sufficient revenues are actually on hand to pay for such expenditures.