File #: 2014-0494    Version: 1
Type: Finance Status: Passed
File created: 11/5/2014 In control: City Council Regular Meeting
On agenda: Final action: 12/15/2014
Title: FY 2014 4th Quarter Budget Amendments
Attachments: 1. 121514 Agenda Summary.pdf, 2. 2014 - 4Q Budget Amendment (Overview).pdf, 3. 2014 - 4Q Budget Amendment (Detail).pdf, 4. 2014 - 4Q Budget Adjustment (Detail).pdf, 5. 2014 - Final Budget vs Original Budget - Variance Analysis.pdf, 6. 2014 - 4Q Budget Amendment (OPC Detail).pdf, 7. 2014 - 4Q Budget Amendment (RARA Detail).pdf, 8. Public Hearing Notice.pdf, 9. Resolution (Draft).pdf
Title
FY 2014 4th 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 4th Quarter Budget Amendments was noticed on November 25, 2014; and

Whereas, the proposed FY 2014 4th Quarter Budget Amendments were available for public viewing beginning on December 5, 2014; and

Whereas, at its December 15, 2014 meeting City Council held a Public Hearing on the proposed FY 2014 4th Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2014 fund totals as amended:

Current Net Proposed
Fund Budget Change Budget
Fund 101 - General Fund $ 27,446,300 ($ 1,231,240) $ 26,215,060
Fund 202 - Major Road Fund 8,170,100 (1,464,300) 6,705,800
Fund 203 - Local Street Fund 12,467,680 (732,660) 11,735,020
Fund 206 - Fire Fund 7,454,340 127,030 7,581,370
Fund 207 - Special Police Fund 9,186,000 ( 5,920) 9,180,080
Fund 213 - RARA Millage Fund 580,550 580,550
Fund 214 - Pathway Millage Fund 554,340 73,000 627,340
Fund 232 - Tree Fund 56,240 (40,000) 16,240
Fund 244 - Water Resources Fund 555,460 98,280 653,740
Fund 265 - OPC Millage Fund 980,640 980,640
Fund 299 - Green Space Millage Fund 32,820 1,061,510 1,094,330
Fund 313 - Street Improvement Bond - 2001 Series Fund 284,280 20 284,300
Fu...

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