File #: 2015-0202    Version: 1
Type: Finance Status: Passed
File created: 5/7/2015 In control: City Council Regular Meeting
On agenda: Final action: 6/1/2015
Title: FY 2015 2nd Quarter Budget Amendments
Attachments: 1. 060115 Agenda Summary.pdf, 2. 2015 - 2nd Qtr BA - Overview.pdf, 3. 2015 - 2nd Qtr BA - Account Detail.pdf, 4. Public Hearing Notice.pdf, 5. Resolution (Draft).pdf
Title
FY 2015 2nd 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 2nd Quarter Budget Amendments was noticed on May 14, 2015; and

Whereas, the proposed FY 2015 2nd Quarter Budget Amendments were available for public viewing beginning on May 22, 2015; and

Whereas, at its June 1, 2015 meeting City Council held a Public Hearing on the proposed FY 2015 2nd 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 24,691,200 1,372,990 26,064,190
Fund 202 - Major Road Fund 11,687,310 823,260 12,510,570
Fund 203 - Local Street Fund 10,380,670 1,662,340 12,043,010
Fund 206 - Fire Fund 9,854,510 10,810 9,865,320
Fund 207 - Special Police Fund 9,498,320 - 9,498,320
Fund 213 - RARA Millage Fund 590,780 3,460 594,240
Fund 214 - Pathway Millage Fund 619,710 3,280 622,990
Fund 232 - Tree Fund 60,580 (300) 60,280
Fund 244 - Water Resources Fund 1,218,700 579,000 1,797,700
Fund 265 - OPC Millage Fund 997,970 5,790 1,003,760
Fund 299 - Green Space Millage Fund 1,079,910 - 1,079,910
Fund 313 - Street Improvement Bond - 2001 Series Fund 273,160 20 273,180
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund 274,980 50 275,030
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 - 4...

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