File #: 2015-0035    Version: 1
Type: Finance Status: Passed
File created: 1/16/2015 In control: City Council Regular Meeting
On agenda: Final action: 2/9/2015
Title: FY 2015 1st Quarter Budget Amendments
Attachments: 1. 020915 Agenda Summary.pdf, 2. 2015 - 1st Qtr BA - Overview.pdf, 3. 2015 - 1st Qtr BA - Detail.pdf, 4. Public Hearing Notice.pdf, 5. Resolution (Draft).pdf
Title
FY 2015 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 2015 1st Quarter Budget Amendments was noticed on January 22, 2015; and

Whereas, the proposed FY 2015 1st Quarter Budget Amendments were available for public viewing beginning on January 30, 2015; and

Whereas, at its February 9, 2015 meeting City Council held a Public Hearing on the proposed FY 2015 1st Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2015 fund totals as amended:

2015 Current Net 2015 Proposed
Fund Budget Change Budget
Fund 101 - General Fund $24,626,600 $64,600 $24,691,200
Fund 202 - Major Road Fund 10,041,040 1,646,270 11,687,310
Fund 203 - Local Street Fund 10,265,970 114,700 10,380,670
Fund 206 - Fire Fund 7,618,230 2,236,280 9,854,510
Fund 207 - Special Police Fund 9,498,320 - 9,498,320
Fund 213 - RARA Millage Fund 590,780 - 590,780
Fund 214 - Pathway Millage Fund 564,100 55,610 619,710
Fund 232 - Tree Fund 60,580 - 60,580
Fund 244 - Water Resources Fund 508,700 710,000 1,218,700
Fund 265 - OPC Millage Fund 997,970 - 997,970
Fund 299 - Green Space Millage Fund 1,079,910 - 1,079,910
Fund 313 - Street Improvement Bond - 2001 Series Fund 273,160 - 273,160
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund 274,980 - 274,980
Fund 331 - Drain Debt Fund 202,290 - 202,290
Fund 369 - Older Persons Building Bond Refunding Fund 773,840 - 773,840
Fund 393 - Municipal Building Refunding Bond - 2010 Series Fund 790,870 - 790,870
Fund 394 - Local Street Refunding - 2011 Series Fund 494,820 - 494,820
Fund 402 - Fire Ca...

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