Title
Adoption of the Fiscal Year 2015 Budget
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, the Special Appropriations Act pursuant to PA 493 of 2000, and Section III of the Charter for the City of Rochester Hills, the Mayor as the Chief Executive Officer prepared the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and
Whereas, at its August 11, 2014 meeting City Council acknowledged receipt from the Mayor of the Proposed Fiscal Year 2015 Budget Plan and set a Public Hearing to be held September 8, 2014 at 7:00 p.m. to solicit comments on the proposed budget plan from the public; and
Whereas, at its September 8, 2014 meeting City Council held said Public Hearing on the proposed budget plan and the related millage rates to defray the Fiscal Year 2015 proposed budget expenditures; and
Whereas, subsequent to the City Council's review and comments, the Mayor adjusted the original proposed budget; and
Resolved, the following list of funds sets forth the general appropriations for the City and adopts the following City Budgets for Fiscal Year 2015.
Be It Further Resolved, the Mayor is hereby authorized to administratively adjust the operating budget line items up to $25,000 per event, but in no case may total expenditures of a particular fund exceed that which is appropriated by the City Council without a budget amendment. Adjustments from capital accounts and fund balances shall be made only by further action of the City Council.
Adoption of the FY 2015 Annual Appropriation Budget(s) for the
City of Rochester Hills, Michigan
Fund 101 - General Fund $24,626,600
Fund 202 - Major Road Fund 10,041,040
Fund 203 - Local Street Fund 10,265,970
Fund 206 - Fire Fund 7,618,230
Fund 207 - Special Police Fund 9,498,320
Fund 213 - RARA Millage Fund 590,780
Fund 214 - Pathway Millage Fun...
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