File #: 2014-0015    Version: 1
Type: Finance Status: Passed
File created: 1/16/2014 In control: City Council Regular Meeting
On agenda: Final action: 2/10/2014
Title: FY 2014 1st Quarter Budget Amendments
Attachments: 1. Agenda Summary.pdf, 2. 2014 - 1st Qtr BA - Overview.pdf, 3. 2014 - 1st Qtr BA - Line Item Details.pdf, 4. Public Hearing Notice.pdf, 5. Resolution.pdf
Title
FY 2014 1st Quarter Budget Amendments
 
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, the Uniform Budgeting and Accounting Act, and the Charter for the City of Rochester Hills, Chapter III Section 3.7, the City Council may amend the budget during the fiscal year, either on its own initiative or upon recommendation of the Mayor; and
 
Whereas, the Public Hearing for the proposed FY 2014 1st Quarter Budget Amendments was noticed on January 23, 2014; and
 
Whereas, the proposed FY 2014 1st Quarter Budget Amendments were available for public viewing beginning on January 31, 2014; and
 
Whereas, at its February 10, 2014 meeting City Council held a Public Hearing on the proposed FY 2014 1st Quarter Budget Amendments.
 
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2014 fund totals as amended:
 
  101 - General Fund
$26,792,510
  202 - Major Road Fund
    6,593,570
  203 - Local Street Fund
  11,625,150
  206 - Fire Fund
    7,468,820
  244 - Water Resources Fund
       540,240
  402 - Fire Capital Fund *
       848,270
  403 - Pathway Construction Fund
       651,900
  420 - Capital Improvement Fund
       296,520
  592 - W&S Operating Fund
  32,762,120
  593 - W&S Capital Fund
    8,688,230
  631 - Facilities Fund
    6,156,580
  661 - Fleet Equipment Fund
    3,804,380
  736 - Retiree Healthcare Trust Fund
       172,840
  870 - Rochester Hills Museum Foundation Fund
         10,000
  * = No expenditure, revenue only